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For FY17, $SYMC expects revenue to be up 11-13% to $4.040-4.120Bil and operating margin to be 26-28%. EPS is expected to be $1.08-1.14 with tax rate of 29% and fully diluted average share count of 616MM. $SYMC plans to enter FY18 with an operating margin of 30%. Company expects EPS of $1.70-1.80 for FY18.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.
$VZ down more than 2% after a disappointing third quarter. A lot of uncertainty on the Yahoo deal too.