Qualys Set to Report Q4 Earnings: What's in Store for the Stock?

Qualys QLYS is scheduled to report fourth-quarter 2024 earnings after market close on Feb. 6, 2025.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.For the fourth quarter, QLYS anticipates revenues between $154.5 million and $157.5 million. The Zacks Consensus Estimate for revenues is pinned at $156.1 million, indicating an improvement of 8% from the year-ago quarter’s revenues of $144.57 million.Qualys anticipates non-GAAP earnings per share between $1.28 and $1.38. The consensus mark for fourth-quarter earnings has remained unchanged at $1.35 per share over the past 60 days, suggesting a decline of 3.6% from the year-ago quarter’s $1.40.Qualys, Inc. Price and EPS Surprise Qualys, Inc. price-eps-surprise | Qualys, Inc. QuoteQLYS’ earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 14%.Let’s see how things are shaping up for this announcement.Factors to Note for QualysQualys’ fourth-quarter performance is likely to have been aided by the rising demand for security and networking products amid the growing hybrid working trend. Accelerated digital transformations by organizations are also expected to have fueled the demand for QLYS’ cloud-based security solutions.Qualys' recurring subscription-based business model has been providing relative stability to its top line amid post-pandemic disruptions. The company expects to drive durable top-line growth and leverage its highly scalable model to maintain strong cash flow and industry-leading profitability.QLYS' ability to attract new customers and retain existing ones underscores its strong market positioning and value proposition. For the last few quarters, Qualys has been able to close a significant number of six-figure deals. This trend is likely to have continued in the to-be-reported quarter, thereby boosting its total revenues.However, enterprises have been postponing their large IT spending plans due to a weakening global economy amid ongoing macroeconomic and geopolitical issues. This might have hurt Qualys’ overall financial performance in the fourth quarter. The top line is also likely to have been affected by customer transition from Qualys on Microsoft Defender to TotalCloud CNAPP.What Our Model Says About QLYSOur proven model does not conclusively predict an earnings beat for QLYS this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. However, that’s not the case here.Though QLYS currently carries a Zacks Rank #3, it has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Stocks to ConsiderHere are some stocks worth considering, as our model shows that these have the right combination of elements to beat on earnings this reporting cycle.Lumentum Holdings Inc. LITE has an Earnings ESP of +17.01% and carries a Zacks Rank #2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here. You can see the complete list of today’s Zacks #1 Rank stocks here.It is set to report second-quarter fiscal 2025 results on Feb. 6. The Zacks Consensus Estimate for LITE’s second-quarter earnings per share is pegged at 37 cents, up by a penny over the past 30 days. LITE shares have risen 55.5% over the past year.DoorDash, Inc. DASH has an Earnings ESP of +22.50% and carries a Zacks Rank #2 at present.It is set to report fourth-quarter 2024 results on Feb. 11. The Zacks Consensus Estimate for DASH’s fourth-quarter earnings is pegged at 34 cents per share, down by a penny over the past seven days, indicating a rise of 187.2% from the year-ago quarter’s reported figure. DASH shares have surged 76.6% over the past year.CyberArk Software Ltd. CYBR has an Earnings ESP of +2.71% and carries a Zacks Rank #3 at present.It is set to report fourth-quarter 2024 results on Feb. 13. The Zacks Consensus Estimate for CYBR’s fourth-quarter earnings is pegged at 71 cents per share, up by a penny over the past 60 days, indicating a fall of 12.4% from the year-ago quarter’s reported figure. CYBR shares have gained 56.9% over the past year.Research Chief Names "Single Best Pick to Double"From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Qualys, Inc. (QLYS): Free Stock Analysis Report CyberArk Software Ltd. (CYBR): Free Stock Analysis Report Lumentum Holdings Inc. (LITE): Free Stock Analysis Report DoorDash, Inc. 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