VMware ((VMW – – Free Report) is expected to publish the results for the first quarter of fiscal year 2022 on May 27.
Total revenue for the quarter is expected to be approximately $ 2.994 billion, a year-over-year growth of 9.5%. Non-GAAP earnings are expected to be $ 1.76 per share.
The Zacks Consensus estimate for quarterly earnings has risen a few cents in the past 30 days to $ 1.51 per share, a 0.7% decrease from the year-ago quarter.
Additionally, the consensus revenue mark is $ 2.92 billion, up 6.9% year over year.
The company’s earnings beat Zacks’ consensus estimate for the past four quarters, with the average earnings surprise averaging 19.1%.
Let’s see how things went before this announcement.
Key factors to consider
VMware’s growing product portfolio, as well as the solid rollout of cloud and security solutions, should drive revenue growth in …