Akamai, the content delivery network (CDN) services big boy, is set to announce its earnings after the close of regular market trading Tuesday. The Street currently expects Akamai to earn $0.68 per share on revenues of $604 million for the quarter that ended Dec. 31, 2016. For the current quarter, current consensus is for earnings of $0.67 per share on revenues of $603 million. For FY:17, the sellsiders are estimating $2.85 per share in earnings on revenues of $2.54 billion. Akamai shares are currently priced for a move of $6.10 per share, in either direction, post the earnings report tonight.
Source: Forbes February 07, 2017 18:38 UTC