CommVault Systems Third Quarter Earnings Sneak Peek

CommVault Systems, Inc. (NASDAQ:CVLT) will unveil its latest earnings tomorrow, Wednesday, January 30, 2013. CommVault Systems is a provider of data and information management software applications and related services. It develops, markets, and sells a unified suite of data and information management software applications under the Simpana brand.

CommVault Systems, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for net income of 23 cents per share, a rise of 53.3% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved up from 21 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 23 cents during the last month. Analysts are projecting profit to rise by 44.1% compared to last year’s 98 cents.

Past Earnings Performance: Last quarter, the company reported profit of 29 cents per share versus a mean estimate of net income of. The company has beaten estimates for the past three quarters.

Start 2013 better than ever by saving time and making money with your Limited Time Offer for our highly-acclaimed Stock Picker Newsletter. Click here for our fresh Feature Stock Pick now!

A Look Back: In the second quarter, profit rose 76% to $13.9 million (29 cents a share) from $7.9 million (17 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 21.2% to $118.2 million from $97.5 million.

Here’s how CommVault Systems traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: