VMware, Inc. (VMW) : Q315 Earnings Whisper

VMware, Inc. (VMW) is set to announce its Q315 earnings tonight after the close with a conference call scheduled for 17:00 p.m. ET. Analysts expect the virtualization infrastructure solutions provider to report EPS of $0.99 and revenue of $1.66 billion. That would be $0.06 higher the $0.93 per share posted last quarter and $0.12 higher the $0.87 posted in the Q314. Revenue is projected to be $140 million higher than the $1.52 billion posted in the same period a year earlier. Meanwhile, EarningsWhisper.com reports a whisper number of $1.02 per share. The company is also expected to guide for the 4Q where consensus stands at $1.23 for EPS and $1.87 billion in revenue.

As a quick reminder, VMware reported Q215 EPS of $0.93, $0.02 better than the Street’s consensus estimate of $0.91. Revenue increased 4.11% year-over-year to $1.52 billion vs. the $1.59 billion consensus.

Fundamentally, VMW shows the following financial data:

• $7.00 billion in cash in most recent quarter
• $15.22 billion t-12 total assets
• $7.59 billion total equity
• $6.33 billion t-12 revenue
• $886 million annual net income
• $1.83 billion free cash flow

On valuation measures, VMware Inc. shares have a T-12 price/sales ratio of 4.62 and a price/book for the same period of 4.01. EPS is $2.06. The name has a market cap of $29.37 billion and a median Wall Street price target of $92.50 with a high target of $119.00. Currently there are 17 analysts that rate VMW a ‘Buy’, 16 rate it a ‘Hold’. One analyst rates it a ‘Sell’.

In terms of share statistics, VMware Inc. has a total of 122.07 million shares outstanding with 33.28% held by insiders and the rest held by institutions. The stock’s short interest currently stands at 7.09%, bringing the total number of shares sold short to 5.16 million.

Shares of Palo Alto, Calif.-based company are down 22.53% year-over-year and 16.12% year-to-date.

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