VeriSign 2Q Earnings Pregame Scorecard

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Having exceeded expectations last quarter by 2 cents per share, VeriSign (NASDAQ:VRSN) is scheduled to report again on Thursday.

Expectations

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Analysts currently expect VeriSign to come in with earnings of 42 cents per share on revenues of $216 million. Estimates range from earnings per share to earnings per share. The average estimate has shown no movement over the last three months.

Stock Movement

In terms of price changes, the stock's best recent streak was when it gained $3.98 per share between June 11, 2012 and June 18, 2012.

Company Fundamental Trends

Stock Ratings

Analysts are bullish on the stock as seven analysts rate it as a buy and only one analyst rate it as a sell. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.

Last Quarter's Results

In the first quarter, profit rose 66.8% to $68 million (42 cents a share) from $40.8 million (24 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 13.3% to $205.7 million from $181.5 million.

Summary

Reporting Period: 2Q

Date of Release: Thursday, July 26, 2012

EPS: 42 cents

Revenue Estimate: $216 million

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)