Earnings Preview

Earnings Preview: Broadcom Eyes 31% Surge on AI, VMware Boost

By Bill Bullington

6/11, 16:32 EDT
Broadcom Inc.
Cango Inc.
Torrid Holdings Inc.
Oxford Industries, Inc.
Dave & Buster's Entertainment, Inc.
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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.