VMware's Earnings Outlook
Portfolio Pulse from Benzinga Insights
VMware (NYSE:VMW) is set to release its latest quarterly earnings report on August 31, 2023. Analysts estimate an earnings per share (EPS) of $1.72. Last quarter, the company missed EPS by $0.09, which was followed by a 2.96% increase in the share price. Shares of VMware were trading at $167.49 as of August 29, with a 52-week increase of 45.78%.
August 30, 2023 | 2:01 pm
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VMware is expected to report an EPS of $1.72 in its upcoming earnings. The company's stock price increased despite missing EPS estimates last quarter.
VMware's stock price increased despite missing EPS estimates last quarter, indicating that investors may have positive expectations for the company's performance. If VMware meets or exceeds the EPS estimate, it could potentially lead to a further increase in the stock price.
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