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On Wednesday, F5 Networks (NASDAQ:FFIV) will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
Based on F5 Networks management projections, analysts predict EPS of $2.27 on revenue of $529.9 million.
The Wall Street estimate would represent a 16.41 percent increase in the company's earnings. Sales would be up 2.26 percent from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
| EPS Estimate | 2.04 | 2.21 | 2.03 | 1.97 |
| EPS Actual | 2.26 | 2.44 | 2.03 | 1.95 |
Stock Performance
Over the last 52-week period, shares are up 13.93 percent. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release. Over the past 90 days, analysts have generally adjusted their estimates higher for EPS and revenues. Analysts seem to have settled on a Neutral rating with F5 Networks. 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. F5 Networks' Q2 conference call is scheduled to begin at 4:30 p.m. ET and can be accessed here.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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