Earnings
Earnings Preview: Broadcom Eyes 31% Surge on AI, VMware Boost
6/11, 16:32 EDT
Key Takeaway
- Broadcom (AVGO) is expected to report strong AI and VMware growth, with shares up 31% YTD; earnings consensus at $10.80 per share.
- Dollarama (DOL) anticipates robust traffic despite smaller ticket sizes, with shares up 32% YTD; EPS consensus at C$0.74.
Market Sentiment Ahead of Earnings
Technology
- Broadcom (AVGO): Expected to highlight AI and VMware growth amid cyclical non-AI segments.
Consumer Discretionary
- Dollarama (DOL): Anticipated to show strong traffic offsetting ticket size, with shares up significantly YTD.
- Dave & Buster's (PLAY): Focus on recovery and growth post-pandemic, with mixed past performance.
Earnings Preview for June 12, 2024: Calendar
Pre-market
| Sector | Company | Ticker | EPS Consensus | YTD Stock Returns | Market Cap | Earnings Time | Call Time |
|---|---|---|---|---|---|---|---|
| Consumer Discretionary | Dollarama | DOL CN | C$0.74 | 32% | $25.4 bn | 7:00 am | 11:00 am |
| Consumer Discretionary | 51 Talk Online | COE US | n/a | -10% | $40.8 mn | Premarket | 8:00 am |
Intraday
| Sector | Company | Ticker | EPS Consensus | YTD Stock Returns | Market Cap | Earnings Time | Call Time |
|---|---|---|---|---|---|---|---|
| No major earnings expected |
After-market
| Sector | Company | Ticker | EPS Consensus | YTD Stock Returns | Market Cap | Earnings Time | Call Time |
|---|---|---|---|---|---|---|---|
| Technology | Broadcom | AVGO US | $10.80 | 31% | $677.1 bn | Postmarket | 5:00 pm |
| Consumer Discretionary | Dave & Buster's | PLAY US | $1.76 | -10% | $1.95 bn | Postmarket | 5:00 pm |
| Consumer Discretionary | Oxford Industries | OXM US | $2.67 | 2% | $1.6 bn | Postmarket | 4:30 pm |
| Consumer Discretionary | Torrid | CURV US | 7c | 15% | $694.9 mn | Postmarket | 4:30 pm |
| Consumer Discretionary | Cango | CANG US | n/a | 72% | $235.8 mn | Postmarket | 9:00 am |
Technology
- Broadcom (AVGO): Expected to highlight AI and VMware growth amid cyclical non-AI segments.
Consumer Discretionary
- Dollarama (DOL): Anticipated to show strong traffic offsetting ticket size, with shares up significantly YTD.
- Dave & Buster's (PLAY): Focus on recovery and growth post-pandemic, with mixed past performance.
