Citrix Systems Earnings Preview: Analyts Expect Higher Earnings, Revenue from Prior Quarter

Citrix Systems CTXS unveils its next round of earnings this Wednesday, July 27, 2011. Here is Benzinga's everything-that-matters guide for this Wednesday's second quarter earnings announcement.

Earnings and Revenue:

Analysts are predicting an EPS reading of 46 cents per share and revenues of $522.8 million. Whether the reported numbers beat or miss analysts' estimates, they will also be compared against last year's numbers for the same period, which were a profit of 31 cents per share on revenues of $458.4 million. We'll have to wait for Wednesday to see if Citrix Systems has accomplished the estimated 48.4% rise in EPS and 14% increase in revenues on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter	Q1	Q4	Q3	Q2
EPS Estimate	$0.32	$0.48	$0.38	$0.33
EPS Actual	$0.41	$0.55	$0.46	$0.31

Stock Performance:

As of July 21, 2011, Citrix Systems' current share price was $73.88. Shares are up 8% year to date. For a full 12 months, the return has risen by 31.1%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

• Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for Citrix Systems is a Hold. This rating has strengthened slightly over the past ninety days.

Competitors:

Wondering how Citrix Systems compares to rivals in the same sector? Here are a few of the company's peers.

• Adobe Systems ADBE: Hold with a $0.40 recent quarter EPS
• Cisco Systems CSCO: Hold with a $0.37 recent quarter EPS
• Hewlett-Packard Company HPQ: Hold with a $1.24 recent quarter EPS
• International Business Machines IBM: Moderate Buy with a $3.09 recent quarter EPS

Citrix Systems is in the computer software industry, which has experienced price/earnings growth of 3.6%.

Finally, a description of the company's main areas of operation: Citrix Systems develops technology solutions that allow applications to be delivered and shared on-demand with cost-effective, enhanced security.

Take Action:

Now that you've gotten an advanced peak at Citrix Systems' upcoming earnings numbers, keep an eye out for any surprises in the report and be ready to take action. Also, check back in with us after the announcement for a full recap and a guide to your next steps.

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