CommVault Systems, Inc. Fourth Quarter Earnings Sneak Peek

CommVault Systems, Inc. (NASDAQ:CVLT) will unveil its latest earnings on Tuesday, May 8, 2012. CommVault Systems is a provider of data and information management software applications and related services. It develops, markets, and sells a unified suite of data and information management software applications under the Simpana brand.

CommVault Systems, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for net income of 17 cents per share, a rise of 70% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 18 cents. Between one and three months ago, the average estimate was unchanged. It has since dropped over the last month. Analysts are projecting profit to rise by 51.1% versus last year to 68 cents.

Past Earnings Performance: The company missed estimates last quarter after beating forecasts in the prior two. In the third quarter, the company reported profit of 15 cents per share versus a mean estimate of net income of 18 cents per share. In the second quarter, the company beat estimates by 3 cents.

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Wall St. Revenue Expectations: Analysts predict a rise of 18.4% in revenue from the year-earlier quarter to $106.1 million.

Analyst Ratings: Analysts seem relatively indifferent about CommVault Systems with seven of 12 analysts surveyed maintaining a hold rating.

A Look Back: In the third quarter, profit fell 1.3% to $7.2 million (15 cents a share) from $7.3 million (16 cents a share) the year earlier, missing analyst expectations. Revenue rose 23.9% to $103.6 million from $83.6 million.

Key Stats:

The company enters this earnings announcement with substantial revenue momentum. The company has averaged year-over-year revenue growth of 28.4% over the last four quarters.

The company is looking to get back on track with this earnings announcement after a profit drop last quarter snapped a positive string of results. Net income rose more than twofold in the first quarter and 45.8% in the second quarter before dropping in the third quarter.

Stock Price Performance: Between March 6, 2012 and May 2, 2012, the stock price had risen $3.39 (6.7%), from $50.34 to $53.73. The stock price saw one of its best stretches over the last year between October 3, 2011 and October 14, 2011, when shares rose for 10 straight days, increasing 20.6% (+$7.14) over that span. It saw one of its worst periods between August 15, 2011 and August 22, 2011 when shares fell for six straight days, dropping 24% (-$9.88) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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