Xyratex Ahead Of Earnings Written by Gerard Lerod Wednesday, 30 March 2011 12:03
New York, March 30th (TradersHuddle.com) - Shares of Xyratex Ltd. (NASDAQ:XRTX) are trading lower by -0.71% ahead of its quarterly earnings release. Xyratex, the provider of enterprise class data storage subsystems and network technology is expected to release its quarterly results on March 31st.
Wall Street Analysts consensus calls for a profit of $0.27 a share on $374.86 million revenue.
Xyratex estimates have a range of $0.13 a share. The high estimate calls for profit of $0.32 a share and the low estimate is calling for a profit of $0.19 a share, a year ago for the quarter the company reported $0.96 a share.
Xyratex Ltd. (NASDAQ:XRTX) provides enterprise class data storage subsystems and network technology. The Company designs and manufactures enabling technology that provides OEM and disk drive manufacturer customers with data storage products that support high-performance storage and data communication networks. _________________________________________________________
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