FireEye, Inc. (FEYE): Earnings Whisper

FireEye, Inc. (FEYE) is set to report its 2Q15 results after the close of the trading session today, July 30. The cybersecurity solutions provider is expected to report revenue of $143.15 million. Similarly, the EPS is projected a loss of $0.48. A year ago, FireEye posted a loss of $0.55 a share. The Street’s estimates for the quarter reflect a year-over-year EPS and revenue increase of 12.72% and 51.48%, respectively. Meanwhile, EarningsWhisper.com reports a whisper number of ($0.39) per share.

On valuation measures, FireEye’s current year and next year EPS growth estimates stand at 8.60% and 23.30% compared to the industry growth rates of 16.90% and 23.70%, respectively. The name has a t-12 price-to-sales ratio of 14.97. EPS for the same period registers at ($3.25).

In terms of share statistics, FireEye Inc. has a total of 156.33 million shares outstanding with 3.04% held by insiders and 56% held by institutions. The stock’s short interest currently stands at 14.08%, bringing the total number of shares sold short to 17.41 million.

FEYE shares have declined 6.49% in the last 4 weeks while advancing 6.26% in the past three months. Over the past 5 trading sessions the stock has lost 1.99%. The Milpitas, California-based company, which is currently valued at $7.43 billion, has a median Wall Street price target of $54.00 with a high target of $65.00. FireEye Inc. is up 25.18% year-over-year, compared with a 6.25% gain in the S&P 500.

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