CVLT Full-Year Sales Is Estimated By Zacks Investment Research

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According to the reports of Zacks Invest Research, Commvault Systems or CVLT will report the sales for the ongoing fiscal quarter. The total amount of sales for the company is 185.50 million USD. The calculations for the estimations of the earnings are carried out by a total of four analysts.

CVLT 2022 Sales Estimated To Be $760.83 Million

The estimations made for the lowest sales is 182.00 million USD. And that of the highest sales is 195.50 million USD. The total amount of sales posted by CVLT themselves is 164.75 million USD. This amount is for the fiscal quarter of the year 2020. According to the given amount, this indicates the growth rate of 12.6% which is a positive rate for the “year-over-year.” The next earnings of CVLT are to be issued by the company themselves on the 11th of May that falls on Tuesday.

As per the reports of Zacks, analysts have expected the sales of the company with regard to the full year. The expected amount is 714.53 million USD. This amount is calculated for the financial year of 2021. The estimates are said to fall somewhere between 714.10 million USD and 715.20 million USD.

Analysts have also anticipated the sales of CVLT for the year 2022. The estimated figure is 760.83 million USD. The estimates of the sales are said to fall between 758.90 million USD and 763.10 million USD. It is to be noted that the calculations of the sales carried out by the Zacks Investment Research are an average amount. It is done on the basis of surveys carried out by various research analysts. The analysts provide coverage for Commvault Systems. The last data on the quarterly earnings of the company was released by the company itself. It was done on the 26th of January 2021.