Earnings Preview: Citrix Systems

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Earnings Preview: Citrix Systems

Published on Tuesday, 24 January 2012 12:32 Written by Gerard Lerod

ctxs New York, January 24th (TradersHuddle.com) - Shares of Citrix Systems, Inc. (NASDAQ:CTXS) are trading higher by +1.03% ahead of its quarterly earnings release. Citrix Systems, the enterprise software company with end-to-end virtualization is expected to release its quarterly results on January 25^th.

Wall Street Analysts consensus calls for a profit of $0.76 a share on $618.77 million revenue.

Citrix Systems estimates have a range of $0.05 a share. The high estimate calls for profit of $0.79 a share and the low estimate is calling for a profit of $0.74 a share, a year ago for the quarter the company reported $0.65 a share.

Citrix Systems, Inc. (NASDAQ:CTXS) designs, develops, and markets technology solutions that allow applications to be delivered, supported, and shared on-demand. The only enterprise software company with end-to-end virtualization.

Other companies on the watch on this earnings event are Microsoft Corporation NASDAQ:MSFT and VMware, Inc. NYSE:VMW.

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