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VMware Q4 Earning Preview: 5 Big Things To Look Out For

From revenue predictions to finding a new CEO, here are the five most important things to watch for during VMware’s fourth quarter earnings report this week.

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Zacks Consensus Earnings Estimate: $3.23 Billion; Same As VMware Projections

Zacks Consensus Estimate is predicting that VMware will report $3.23 billion in total revenue for its fourth fiscal quarter, an increase of 5.2 percent year over year. Zacks predicts the virtualization giant will post quarterly earnings of $2.05 per share, representing flat year over year growth. VMware has beaten Zacks Consensus Estimate in three of the past four quarters.

This reflects VMware’s own revenue projects of $3.225 billion for its fourth fiscal quarter, which it unveiled during its third quarter earnings report in late November.

One of the big sales bets VMware placed this quarter is on on-premise revenue. “Q4 is typically our seasonally strongest quarter for our on-premise product portfolio,” said VMware’s Rowe in November.

If both VMware and Zacks estimates are correct, VMware revenue for its total fiscal year 2021 will be approximately $11.7 billion, representing a $1 billion increase in sales compared to fiscal year 2020.

 
 
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