In a report released Thursday, Morgan Stanley analyst Jennifer Lowe released guidance on Akamai Technologies' AKAM upcoming earnings Q2 2014 results, which are scheduled to report on July 30.
Analysts at Morgan Stanley anticipate Akamai Technologies to have solid earnings results with revenue of $473 million, near the mean of the total consensus range of $464 million to $478 million. Lowe is confident in the media space, projecting media revenue to increase by 18 percent year over year, and expects Akamai's growth to come inline with its sector.
Morgan Stanley has an Equal-rate rating on Akamai with a forward projected EPS of $0.56 per share.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
