The anticipations have plunged for F5 Networks, Inc. (NASDAQ:FFIV)’s Q2 results in the month leading up to the firm’s earnings announcement on today. The consensus analyst predicts has decreased from 98 cents per share to the present anticipates of earnings of 82 cents per share.
The present estimation reflects a 6.8 percent dropped from the year-before quarter, at what time F5 declared earnings of 88 cents a share.
The consensus predicts has dropped in excess of the previous quarter, from 92 cents. The analysts are predicting earnings of $3.62 a share. Revenue is anticipated to be $351.8M for the quarter, 3.6 percent higher than the year-earlier total of $339.6M. The revenue is anticipated to come in at $1.47B for the year.
Moving readers toward the broader market, let’s consider percentage change in stocks prices of other stocks in the similar sector who contribute major role in the market that includes Microsoft Corporation(NASDAQ:MSFT) gain +0.65%, Oracle Corporation(NASDAQ:ORCL) edged up +0.37%, BMC Software, Inc.(NASDAQ:BMC) which also increased +2.79% and Nuance Communications Inc.(NASDAQ:NUAN) closed up +0.94%.
F5 Networks, Inc. (NASDAQ:FFIV) stock’s trade at beginning with a price of $72.20 and in ongoing trading session climbed at a high of $72.64 other than after it traded advanced +0.07% to $72.52.
The stock is going forward its 52 week low with 2.49% and lagging behind from its 52 week high price with -47.82%. FFIV last month stock price volatility remained 2.38%.
FFIV stock institutional ownership remained 96.48% while insider ownership included 0.28%. In its share capital FFIV has 78.59 million outstanding shares among them 78.29 million shares have been floated in market exchange.
Company’s beta coefficient included 1.36. Beta factors measures the amount of market risk associated with market trade.
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