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Why Commvault (CVLT) Could Beat Earnings Estimates Again
CommvaultCommvault(US:CVLT) ZACKSยท2025-04-14 17:15

Core Insights - Commvault Systems (CVLT) is positioned to potentially continue its earnings-beat streak in the upcoming report, having surpassed earnings estimates in the last two quarters by an average of 9.36% [1][5]. Earnings Performance - In the last reported quarter, Commvault achieved earnings of $0.94 per share, exceeding the Zacks Consensus Estimate of $0.87 per share, resulting in a surprise of 8.05% [2]. - For the previous quarter, the company was expected to report earnings of $0.75 per share but delivered $0.83 per share, leading to a surprise of 10.67% [2]. Earnings Estimates and Predictions - Estimates for Commvault have been trending higher, influenced by its history of earnings surprises, and the stock currently has a positive Zacks Earnings ESP of +1.62%, indicating bullish sentiment among analysts regarding its near-term earnings potential [5][8]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a strong possibility of another earnings beat in the upcoming report scheduled for April 29, 2025 [8]. Earnings ESP Explanation - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions, which may provide a more accurate prediction of earnings [7]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have historically produced positive surprises nearly 70% of the time, indicating a high likelihood of beating consensus estimates [6].