TIBCO Software Earnings Preview
Investors are on the edge of their collective seats, hoping that TIBCO Software (NAS: TIBX) will top analyst expectations for the third consecutive quarter. The company will unveil its latest earnings on Wednesday. TIBCO Software is a provider of infrastructure software. It offers a range of standards-based infrastructure software solutions that help organizations achieve the benefits of real-time business.
What analysts say:
- Buy, sell, or hold?: The majority of analysts back TIBCO Software as a buy. But with 53.8% of analysts rating it a buy, TIBCO Software is still below the mean analyst rating of its nearest 10 competitors, which average 58.5% buys. Analysts like TIBCO Software better than competitor Progress Software overall. Two out of four analysts rate Progress Software a buy compared to seven of 13 for TIBCO Software. Analysts still rate the stock a moderate buy, but they are a bit more wary about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $281.3 million in revenue this quarter. That would represent a rise of 16.6% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.30 per share. Estimates range from $0.29 to $0.31.
What our community says:
CAPS All-Stars are solidly behind the stock with 93.2% assigning it an outperform rating. The community at large backs the All-Stars with 93% granting it a rating of outperform. Fools are bullish on TIBCO Software and haven't been shy with their opinions lately, logging 114 posts in the past 30 days. Even with a robust four out of five stars, TIBCO Software's CAPS rating falls a little short of the community's upbeat outlook.
TIBCO Software's profit has risen year over year by an average of 42.7% over the past five quarters.
One final thing: If you want to keep tabs on TIBCO Software movements, and for more analysis on the company, make sure you add it to your watchlist.
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At the time this article was published
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