Cloudera (NYSE: CLDR) announces its next round of earnings Wednesday. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement.
Earnings and Revenue
Cloudera EPS will likely be near a loss of 15 cents while revenue will be around $107.71 million, according to analysts.
In the same quarter last year, Cloudera reported EPS loss of 17 cents on revenue of $89.82 million. Sales would be have grown 19.91 percent from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:
|Quarter||Q1 2019||Q4 2018||Q3 2018||Q2 2018|
Over the last 52-week period, shares are down 21.63 percent. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The average rating by analysts on Cloudera stock is a Neutral. The strength of this rating has risen over the past 90 days.
Cloudera is scheduled to hold a conference call at 5:00 p.m. ET and it can be accessed here: https://investors.cloudera.com/events/Events/default.aspx
This article was written by cool news network.