Morgan Stanley Previews Akamai Technologies Q2 Earnings Results

In a report released Thursday, Morgan Stanley analyst Jennifer Lowe released guidance on Akamai Technologies' (NASDAQ: AKAM) upcoming earnings Q2 2014 results, which are scheduled to report on July 30.

Analysts at Morgan Stanley anticipate Akamai Technologies to have solid earnings results with revenue of $473 million, near the mean of the total consensus range of $464 million to $478 million. Lowe is confident in the media space, projecting media revenue to increase by 18 percent year over year, and expects Akamai's growth to come inline with its sector.

Morgan Stanley has an Equal-rate rating on Akamai with a forward projected EPS of $0.56 per share.