Thursday, March 24, 2016

Red Hat Inc. (RHT) Pulled Back On Q1 Forecast

Red Hat Inc. (RHT) reported fourth quarter adjusted EPS of $0.52 after the close Tuesday, up from $0.43 a year ago. Analysts expected EPS of $0.47. First quarter adjusted EPS is expected to be $0.50, which is in line with expectations. Full year adjusted EPS is expected to be between $2.22 and $2.26. The consensus estimate is for EPS of $2.19.

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