Volatility Alert for Akamai Technologies (AKAM) 3Q 2011
Akamai Technologies (AKAM) is scheduled to report 3Q 2011 earnings after the close of trading on Wednesday, October 26. The Street estimate is for Adjusted Earnings Per Share (EPS) (per the Selerity methodology) of $0.33 per share, near the high-end of the range at $0.34 (Source: Yahoo! Finance). Revenues are seen climbing 10.0% to $278.87 million. During its 2Q conference call last July, Akamai predicted normalized (adjusted) EPS of $0.31 to $0.34 on revenue of between $273 and $283 million.