Share on StockTwits

VMware (NYSE:VMW) is scheduled to be posting its Q114 quarterly earnings results on Tuesday, April 22nd. Analysts expect VMware to post earnings of $0.79 per share and revenue of $1.35 billion for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

VMware (NYSE:VMW) last announced its earnings results on Tuesday, January 28th. The company reported $1.01 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.00 by $0.01. The company had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.48 billion. During the same quarter in the prior year, the company posted $0.81 earnings per share. The company’s quarterly revenue was up 14.7% on a year-over-year basis. On average, analysts expect VMware to post $3.54 EPS for the current fiscal year and $4.25 EPS for the next fiscal year.

VMware (NYSE:VMW) opened at 103.17 on Monday. VMware has a 1-year low of $64.86 and a 1-year high of $112.89. The stock’s 50-day moving average is $104.6 and its 200-day moving average is $91.43. The company has a market cap of $44.444 billion and a price-to-earnings ratio of 43.74.

A number of analysts have recently weighed in on VMW shares. Analysts at Credit Agricole upgraded shares of VMware from an “underperform” rating to an “outperform” rating in a research note on Monday, April 14th. On a related note, analysts at Barclays raised their price target on shares of VMware from $112.00 to $117.00 in a research note on Friday, April 11th. They now have an “overweight” rating on the stock. Finally, analysts at Morgan Stanley raised their price target on shares of VMware from $99.00 to $125.00 in a research note on Thursday, April 10th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $109.03.

VMware, Inc, is the provider of virtualization infrastructure solutions utilized by organizations to help transform the way they build, deliver and consume information technology (NYSE:VMW) resources.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.