F5 Inc reports results for the quarter ended June 30 - Earnings Summary

• F5 Inc FFIV.OQ reported quarterly adjusted earnings of $4.16​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $3.36. The mean expectation of eleven analysts for the quarter was for earnings of $3.50 per share. Wall Street expected results to range from $3.47 to $3.57 per share.

• Revenue rose 12.2% to $780.37 million from a year ago; analysts expected $757.69 million.

• F5 Inc's reported EPS for the quarter was $3.25​.

• The company reported quarterly net income of $189.91 million.

• F5 Inc shares had risen by 1.7% this quarter and gained 19.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.2% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 11 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is "buy."

• Wall Street's median 12-month price target for F5 Inc is $304.50, about 1.7% above its last closing price of $299.24

This summary was machine generated from LSEG data July 30 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)