Red Hat (RHT) Tops Q1 EPS by 3c, Offers Mixed Q2 and FY Guidance

June 21, 2018 4:17 PM EDT
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Price: $187.71 --0%

Financial Fact:
Basic net income per common share: 0.33

Today's EPS Names:
OGI, SCR, FAST, More
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(Updated - June 21, 2018 4:18 PM EDT)

Red Hat (NYSE: RHT) reported Q1 EPS of $0.72, $0.03 better than the analyst estimate of $0.69. Revenue for the quarter came in at $814 million versus the consensus estimate of $807.49 million.

GUIDANCE:

Red Hat sees Q2 2019 EPS of $0.81, versus the consensus of $0.89. Red Hat sees Q2 2019 revenue of $822-830 million, versus the consensus of $854.95 million.

Red Hat sees FY2019 EPS of $3.44-$3.48, versus the consensus of $3.42. Red Hat sees FY2019 revenue of $3.375-3.41 billion, versus the consensus of $3.45 billion.

For earnings history and earnings-related data on Red Hat (RHT) click here.



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