Vmware Earnings Preview: Can This Streak Continue?
Vmware (NYSE:VMW) will report earnings after markets close on Tuesday, July 23rd. VMware, Inc. provides virtualization solutions from the desktop to the data center. The Company’s solution products addresses a range of IT problems, which includes cost and operational inefficiencies, business continuity, software lifecycle management and desktop management.
Here is your Cheat Sheet to Vmware Earnings:
Earnings Expectations: Analysts expect earnings of $0.77 per share on revenues of $1.23 billion. Currently, the company’s P/E ratio stands at 42.87.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.81 and has not changed. For the current year, the average estimate is a profit of $3.28, which is better than the estimate ninety days ago.
Here’s how Vmware has been performing on an annual basis:
|Revenue ($) in millions||1,881||2,024||2,857||3,767||4,605|
|Diluted EPS ($)||0.73||0.49||0.84||1.68||1.72|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||1,123.03||1,133.68||1,293.16||1,191.47|
|Diluted EPS ($)||0.44||0.36||0.47||0.40|
Vmware has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)