VMware Inc reports results for the quarter ended in April - Earnings Summary

VMware

01/06/2023 22:19

* VMware Inc  VMW.N  reported quarterly adjusted earnings of
$1.49​​ per share for the quarter ended in April. The mean
expectation of ten analysts for the quarter was for earnings of
$1.56 per share.
    * Revenue rose 6.1% to $3.28 billion from a year ago;
analysts
expected $3.32 billion. 
    * VMware Inc's reported EPS for the quarter was 52 cents​.
    * The mean earnings estimate of analysts had risen by
about 2.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * VMware Inc shares had risen by 9.2% this quarter and
gained 11.0% so far this year.
    * The company reported quarterly net income of $224 million.
    * Wall Street's median 12-month price target for VMware Inc
is
$139.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 11
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data June
1 at 09:18 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2023      1.56           1.49           Missed
 Jan. 31 2023      1.92           2.13           Beat
 Oct. 31 2022      1.58           1.47           Missed
 Jul. 31 2022      1.57           1.64           Beat