Broadcom (NASDAQ:AVGO) is set to release its earnings report after market close on Thursday. Last quarter, the company beat revenue expectations by 0.5%, with revenues of $15.95 billion, up 22% year on year. Analysts are expecting revenue to grow 24.4% to $17.49 billion this quarter, with adjusted earnings of $1.87 per share. Broadcom has generally met or exceeded Wall Street’s revenue estimates over the last two years. Peers like Qorvo and Qualcomm have reported positive results, with Qorvo’s stock trading down 7.7% and Qualcomm’s remaining unchanged. Broadcom is up 13.2% in the last month, heading into earnings with an average analyst price target of $412.02.

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