VMware's Earnings: A Preview

VMware VMW releases its next round of earnings this Thursday, August 27. Here's Benzinga's essential guide to VMware's Q2 earnings report.

Earnings and Revenue

Analysts expect VMware earnings of $1.45 per share. Revenue will likely be around $2.80 billion, according to the consensus estimate. VMware reported a per-share profit of $1.6 when it published results during the same quarter last year. Sales in that period totaled $2.44 billion. The Wall Street consensus estimate for earnings per share would represent a 9.38% decrease for the company. Revenue would be up 5.66% on a year-over-year basis. The company's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate 1.20 2.17 1.43 1.55
EPS Actual 1.52 2.05 1.49 1.60
Revenue Estimate 2.65 B 2.95 B 2.41 B 2.43 B
Revenue Actual 2.73 B 3.07 B 2.46 B 2.44 B

Stock Performance

Over the last 52-week period, shares are up 5.03%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. VMware is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/ocmn8tbh

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