Earnings Outlook For CommVault Systems

On Tuesday, CommVault Systems CVLT will release its latest earnings report. Check out Benzinga's preview to understand the earnings report's implications.

Earnings and Revenue

Analysts covering CommVault Systems modeled for quarterly EPS of 33 cents per share on revenue of $187 million.

CommVault Systems EPS in the same period a year ago totaled 29 cents. Sales were $172 million. The analyst consensus estimate would represent a 13.79 percent increase in the company's earnings. Sales would be up 8.18 percent from the year-ago period. The company's reported EPS has stacked up against analyst estimates in the past like this:

Stock Performance

Over the last 52-week period, shares are up 36.88 percent. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Over the past 90 days, analysts have generally adjusted their estimates higher for EPS and revenues. The most common rating by analysts on CommVault Systems stock is a Neutral. The strength of this rating has maintained conviction over the past three months.

Conference Call

Don't be surprised to see the stock move on comments made during its conference call. CommVault Systems's Q4 conference call is scheduled to begin at 8:30 a.m. ET and can be accessed here: https://www.commvault.com/