Deutsche Bank Anticipates An Inline To Above Consensus Quarter For TIBCO
Deutsche Bank reports that it is anticipating an inline to above consensus F4Q10 for TIBCO Software, Inc. (NASDAQ: TIBX).
“We expect TIBCO to post inline to slightly better than expected F4Q10 results with revenue/EPS consensus estimates of $230m/$0.29,” Deutsche Bank writes. “Tibco reported a healthy pipeline going into Q4 in its last earnings call. We believe the strong pipeline and solid demand for TIBCO's event driven architecture should drive a solid quarter.”
TIBCO Software closed Wednesday at $20.83.
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Posted-In: Deutsche Bank TIBCO SoftwareAnalyst Ratings