VMware Reports Fourth Quarter and Fiscal Year 2019 Results

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VMware (VMW) PT Raised to $190 at Oppenheimer

March 1, 2019 9:35 AM EST

Oppenheimer analyst Ittai Kidron raised the price target on VMware (NYSE: VMW) to $190.00 (from $170.00) while maintaining a Outperform rating.

The analyst commented, "VMware closed out its fiscal year delivering solid results and offered above-consensus FY20 guidance. Overall, the company is benefiting from broadbased... More

Dell (DELL) PT Raised to $52 at BMO Capital

March 1, 2019 9:04 AM EST

BMO Capital analyst Tim Long raised the price target on Dell (NYSE: DELL) to $52.00 (from $48.00) while maintaining a Market Perform rating following the company's 4Q earnings report. Revenue of $24.0 billion was slightly ahead of consensus at $23.8 billion. As a result, full year revenue... More

VMware (VMW) PT Raised to $185 at Credit Suisse

March 1, 2019 8:16 AM EST

Credit Suisse analyst Brad Zelnick raised the price target on VMware (NYSE: VMW) to $185.00 (from $160.00) while maintaining a Neutral rating.

... More

VMware (VMW) PT Raised to $196 at Raymond James

March 1, 2019 7:48 AM EST

Raymond James analyst Michael Turits raised the price target on VMware (NYSE: VMW) to $196.00 (from $163.00) while maintaining a Outperform rating following beat and raise quarter.

"Revenue, license and billings all accelerated over F3Q depite a tough y/y comparison," Turits commented. "Total... More

VMware (VMW) Tops Q4 EPS by 10c, Revenues Beat

February 28, 2019 4:18 PM EST

VMware (NYSE: VMW) reported Q4 EPS of $1.98, $0.10 better than the analyst estimate of $1.88. Revenue for the quarter came in at $2.59 billion versus the consensus estimate of $2.5 billion.

Revenue for the fourth quarter was $2.59 billion, an increase of 16% from the fourth quarter of fiscal 2018.License revenue for the fourth quarter was $1.23 billion, an increase of 21% from the fourth quarter of fiscal 2018.GAAP net income for the fourth quarter was $502 million, including a loss of $38... More