VMware’s VMW second-quarter fiscal 2024 non-GAAP earnings of $1.83 per share beat the Zacks Consensus Estimate of $1.66 and grew 11.6% year over year. Revenues of $3.41 billion surpassed the consensus mark by 0.58% and improved 2.2% on a year-over-year basis. Top-Line Details
VMware (VMW) reported $3.41 billion in revenue for the quarter ended July 2023, representing a year-over-year increase of 2.2%. EPS of $1.83 for the same period compares to $1.64 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $3.39 billion,… Source link
VMware, Inc. is a provider of multi-cloud services for all apps that enables digital with enterprise control. Its multi-cloud portfolio, spanning application modernization, cloud management, cloud infrastructure, networking, security and anywhere workspaces, forms a digital foundation on which customers can build, run, manage, connect and protect their workloads. The Company’s products within its application modernization … Read more
News Home Thursday, August 31, 2023 11:07 AM | InvestorsObserver Analysts Mentioned in this article … Source link
The average one-year price target for Vmware Inc. – (NYSE:VMW) has been revised to 153.92 / share. This is an increase of 5.96% from the prior estimate of 145.27 dated August 1, 2023. The price target is an average of many targets provided by analysts. The latest targets range from a low of 135.34 to … Read more
VMware VMW is slated to release its second-quarter fiscal 2024 results on Aug 31. The Zacks Consensus Estimate for quarterly earnings has been unchanged over the past 30 days at $1.66 per share, suggesting 1.22% growth from the figure reported in the year-ago quarter. Further,… Source link
VMware (VMW Quick QuoteVMW – Free Report) is slated to release its second-quarter fiscal 2024 results on Aug 31. The Zacks Consensus Estimate for quarterly earnings has been unchanged over the past 30 days at $1.66 per share, suggesting 1.22% growth from the figure reported in the year-ago quarter. Further, the consensus mark for revenues … Read more
VMware stock price has been in a strong bullish rally since the start of March 2023, rising from the low of $109 and forming a high of $170. The stock price surged approximately 55.30% from the low. Recently, VMW faced strong rejection near the $170 level, and the bullish move was halted. The stock price … Read more
VMware (NYSE:VMW – Get Free Report) will be posting its quarterly earnings results after the market closes on Thursday, August 31st. Analysts expect VMware to post earnings of $1.66 per share for the quarter. VMware (NYSE:VMW – Get Free Report) last issued its quarterly earnings results on Thursday, June 1st. The virtualization software provider reported … Read more
Fintel reports that on August 23, 2023, UBS maintained coverage of Vmware Inc. – (NYSE:VMW) with a Neutral recommendation. Analyst Price Forecast Suggests 11.42% Downside As of August 2, 2023, the average one-year price target for Vmware Inc. – is 145.27. The forecasts range from a low of 135.34 to a high… Source link