VMware (VMW) posted quarterly earnings of $ 2.21 per share, beating Zacks’ consensus estimate of $ 2.05 per share. This equates to earnings of $ 2.05 per share a year ago. These figures have been adjusted for one-off effects.
This quarterly report corresponds to a profit surprise of 7.80%. A quarter ago, this cloud computing company was expected to make $ 1.43 per share when it actually made a profit of $ 1.66, which is a surprise of 16.08%.
In the past four quarters, the company has exceeded EPS consensus estimates four times.
VMware, part of the Zacks Computer – Software industry, had sales of $ 3.29 billion for the quarter ended January 2021, beating Zacks’ consensus estimate by 1.87%. This corresponds to sales of $ 3.07 billion in the previous year. The company has exceeded consensus sales estimates four times over the past four quarters.
The sustainability of the stock’s immediate price movement based on recently published numbers and …