Notable Earnings: Citrix Systems (CTXS), F5 Networks (FFIV), Las Vegas Sands (LVS), Yum! Brands (YUM)

Citrix Systems, Inc. (CTXS) shares are up $3.84 to $84.36 in after-hours trading Wednesday after the company reported its first quarter earnings results.

The cloud computing company posted earnings of non-GAAP $1.18 per share on revenues of $826 million, up 8.6% from a year ago. Analysts were expecting EPS of $0.92 on revenues of $788 million.

For the current quarter ending in July, Citrix guided revenues of $810 – $820 million, as compared to analysts’ expectations of $812.79 million. The management also gave its bottom line range of $1.12 – $1.15 per share, against projections of $1.11 per share.

F5 Networks, Inc. (FFIV) reported second quarter EPS of $1.68 after the closing bell Wednesday, compared to the consensus estimate of $1.63. Revenues increased 2.5% from last year to $483.7 million. Analysts expected revenues of $486.02 million. Net income came in at $75.4 million, or $1.11 per diluted share, down from $85.7 million, or $1.18 per share in the second quarter a year ago.

For the quarter ending June 30, 2016, F5 Networks provided EPS guidance of $1.77 – $1.80 versus consensus of $1.74 per share. The company also issued revenue projection of $490 – $500 million, compared to the consensus revenue estimate of $502.72 million.

FFIV is currently up $2.84 to $100 on 1.85 million shares.

Shares of Las Vegas Sands Corp. (LVS) are down $2.83 to $49.35 after the company released its earnings results on Wednesday. The casino operator reported Q1’16 EPS of $0.45 per share vs. $0.63 consensus. Revenue came in at $2.72 billion — down 9.8% from a year ago — missing analysts views for $2.87 billion.

LVS currently prints a one year loss of 1.54% and a year-to-date return of 21.37%.

The chart below shows where the equity has traded over the last 52 weeks.

Yum! Brands, Inc. (YUM) rallied $3.32 to $85.85 in after-hours trading after it reported fiscal results for the first quarter.

In its quarterly report, the parent company of KFC, Taco Bell and Pizza Hut said it earned $0.95 per share, well above the $0.83 per share analysts were expecting. Revenue however, fell 0.10% YoY to $2.62 billion, below views for $2.66 billion.

Yum Brands shares have gained 13% since the beginning of the year, while the S&P’s 500 index has climbed roughly 3%. The stock has gained roughly 4% year-over-year.

Be the first to comment

Leave a Reply

Your email address will not be published.


*