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F5 Networks (NASDAQ:FFIV) unveils its next round of earnings Wednesday. Get prepared with Benzinga's ultimate preview for F5 Networks' Q3 earnings.
Earnings and Revenue
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Based on management's projections, F5 Networks analysts model for earnings of $2.39 per share on sales of $540.57 million.
In the same quarter last year, F5 Networks reported EPS of $2.03 on revenue of $517.83 million. If the company were to post earnings inline with the consensus estimate when it reports Wednesday, EPS would be up 17.73 percent. Revenue would be have grown 4.39 percent from the same quarter last year. F5 Networks's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
| EPS Estimate | 2.27 | 2.04 | 2.21 | 2.03 |
| EPS Actual | 2.31 | 2.26 | 2.44 | 2.03 |
Stock Performance
Over the last 52-week period, shares are up 35.9 percent. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The most common rating from analysts on F5 Networks 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. F5 Networks' Q3 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.