VMware 2Q Earnings Pregame Scorecard

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Having exceeded expectations last quarter by 5 cents per share, VMware (NYSE:VMW) is scheduled to report again on Monday.

Expectations

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Analysts currently expect VMware to come in with earnings of 47 cents per share on revenues of $1.11 billion. Analysts gave estimates ranging from 43 cents per share to 51 cents per share. Over the past three months, the average estimate has moved up from 44 cents.

Stock Movement

The biggest recent change for the stock came on June 29, 2012, when it rose $6.98 per share to $91.04. Looking at change over the last three months, April 19, 2012 and July 16, 2012, the stock price fell $29.34 (-25.8%), from $113.75 to $84.41.

Company Fundamental Trends

Stock Ratings

Analysts are bullish on the stock as 18 analysts rate it as a buy and there are no sell ratings. 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 52.2% to $191.4 million (44 cents a share) from $125.8 million (29 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 25.1% to $1.06 billion from $843.7 million.

Summary

Reporting Period: 2Q

Date of Release: Monday, July 23, 2012

EPS: 47 cents

Revenue Estimate: $1.11 billion

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