VMware Gears Up For Q2 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Lisa Levin
VMware, Inc. (NYSE:VMW) is expected to report Q2 results after the closing bell on Aug. 31, 2023. Analysts predict earnings of $1.71 per share, up from $1.64 per share a year ago, and revenue of $3.46 billion, up from $3.34 billion. Several analysts have recently revised their ratings and price targets for the company, with most maintaining a Neutral rating.
August 31, 2023 | 2:32 pm
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NEUTRAL IMPACT
VMware is expected to report increased earnings and revenue for Q2. Several analysts have revised their ratings and price targets, with most maintaining a Neutral rating.
The news is directly about VMware's upcoming Q2 results. The expected increase in earnings and revenue could have a positive impact, but the majority of analysts maintaining a Neutral rating suggests uncertainty about the company's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100