Unlocking Q4 Potential of Akamai Technologies (AKAM): Exploring Wall Street Estimates for Key Metrics

Wall Street analysts forecast that Akamai Technologies (AKAM) will report quarterly earnings of $1.52 per share in its upcoming release, pointing to a year-over-year decline of 10.1%. It is anticipated that revenues will amount to $1.01 billion, exhibiting an increase of 2% compared to the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.In light of this perspective, let's dive into the average estimates of certain Akamai Technologies metrics that are commonly tracked and forecasted by Wall Street analysts.Analysts' assessment points toward 'Revenue- Security' reaching $533.06 million. The estimate indicates a year-over-year change of +13.2%.Based on the collective assessment of analysts, 'Revenue- Compute' should arrive at $167.63 million. The estimate indicates a change of +24.2% from the prior-year quarter.The consensus estimate for 'Revenue- Delivery' stands at $311.62 million. The estimate indicates a year-over-year change of -19.9%.Analysts expect 'Revenue- International' to come in at $494.99 million. The estimate points to a change of +3.4% from the year-ago quarter.It is projected by analysts that the 'Revenues- United States' will reach $527.22 million. The estimate points to a change of +2.1% from the year-ago quarter.View all Key Company Metrics for Akamai Technologies here>>>Over the past month, Akamai Technologies shares have recorded returns of +10.1% versus the Zacks S&P 500 composite's +4.9% change. Based on its Zacks Rank #2 (Buy), AKAM will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want 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 Akamai Technologies, Inc. (AKAM): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks