2 Tech Earnings Calls To Watch On Tuesday: Yahoo & VMware

• Yahoo! Inc. YHOO and VMware, Inc. VMW are scheduled to report third-quarter financial results on Tuesday, after the market closes.
• The Street is expecting Yahoo to deliver a year-over-year decline in earnings of more than 70 percent, and VMware to report a surge of almost 15 percent year-over-year.

Yahoo!

Yahoo is expected to deliver one of its worst quarters in years from an earnings standpoint. According to Estimize, the Street is modeling consensus earnings of $0.15 per share on revenue of $1.02 billion, while the crowd is projecting earnings of $0.16 per share on revenue of $1.024 billion.

While these estimate imply pretty flat earnings in relation to the past couple of quarters, they also entail a huge decline from the earnings of $0.52 per share (on revenue of $1.094) reported in the third quarter of 2014.

Related Link: Why Yahoo Investors Need Further Clarity On Alibaba Spin

It should be noted that, since the beginning of the fiscal year, Yahoo has been having a tough time meeting estimates.

VMware

Opposite is the case for VMware, which is expected to deliver a strong third quarter. Management guided for earnings of $1.02 per share on revenue of $1.672 billion. This compares to EPS of $0.87 on sales of $1.52 billion registered a year ago.

The Street is modeling earnings of $1.00 per share on revenue of $1.662 billion, while the crowd anticipates EPS of $1.01 on revenue in line with the Street.

It should be noted from the chart above that VMware has tended to beat the Street’s estimates over the past couple of years.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.