VMware Raises 1Q 12 Guidance

VMW

VMW

VMware Inc. expects 1Q 12 revenues to broadly meet or slightly exceed prior guidance range of $1.015 to $1.040 billion. The guidance was provided along with its announcement of executive changes.
EventVestor Insights on the impact of Guidance Array event on stock prices:
VMW stock price outperformed the market 5 out of 9 times over the last two years, by an average 7.2% the day it announced Guidance events. During the one week period after Guidance , the stock outperformed the market 5 out of 9 occasions by an average 1.7%.
VMW stock price underperformed the market 4 out of 9 times over the last two years, by an average -3.2% the day it announced Guidance events. During the one week period after Guidance , the stock underperformed the market 4 out of 9 occasions by an average -1.8%.
VMW peers (RHT, HPQ, BMC, SYMC, CTXS, EMC, MSFT, NOVL) have outperformed the market 37 out of 67 times over the last two years, by an average 4.6% the day they announced Guidance events. During the one week period after Guidance , these stocks outperformed the market 27 out of 67 occasions , by an average 1.6%.
VMW peers (RHT, HPQ, BMC, SYMC, CTXS, EMC, MSFT, NOVL) have underperformed the market 28 out of 67 times over the last two years, by an average -5.4% the day they announced Guidance events. During the one week period after Guidance , these stocks underperformed the market 38 out of 67 occasions, by an average -2.1%.

There have been a total of 356 Guidance announcements during the last 1 month.

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