VMware Inc expected to post earnings of $1.71 a share - Earnings Preview

VMware

29/08/2023 12:12

* VMware Inc  VMW.N   VMW  is expected to show a rise in
quarterly
revenue when it reports  results on August 31. 
    * The Palo Alto California-based  company is expected to
report  a
3.6% increase in revenue to $3.455 billion from $3.34 billion a
year ago, according to the mean estimate from 10 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for VMware Inc is for
earnings of $1.71 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 11
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.3%
in the last three months. ​
    * Wall Street's median 12-month price target for VMware Inc
is
$142.5​, below​ its last closing price of $164.19. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Apr. 30 2023  1.56        1.56       1.49      Missed  -4.5
 Jan. 31 2023  1.90        1.92       2.13      Beat    10.7
 Oct. 31 2022  1.57        1.58       1.47      Missed  -6.8​
 Jul. 31 2022  1.55        1.57       1.64      Beat    4.5
 ​​Apr.        1.57        1.56       1.28      Missed  -18.1
 30 2022                                                
 Jan. 31 2022  1.99        1.97       2.02      Beat    2.3​
 Oct. 31 2021  1.54        1.53       1.72      Beat    12.1
 Jul. 31 2021  1.65        1.64       1.75      Beat    6.6
 This summary was machine generated August 29 at 11:12 GMT.  All
figures in US dollars  unless otherwise stated