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What to Expect From Red Hat Earnings

Red Hat (RHT) Stock Climbs Ahead of Earnings Release

Red Hat Inc. (RHT) is scheduled to report its fiscal second-quarter financial results after the markets close on Monday. Consensus estimates from Thomson Reuters call for $0.44 in earnings per share (EPS) on $494.65 million in revenue. In the same period of the previous year, the software maker posted EPS of $0.41 and $445.90 million in revenue.

In the previous quarter, Red Hat reported that subscription revenue jumped 23% (in constant dollars) year over year to...