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CA, Inc.

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CA is benefiting from higher Mainframe new sales. Solid demand for its recently launched Trusted Access Manager for Z, a Mainframe solution, is a tailwind. Additionally, the company’s “go to market” sales strategy integrating the commercial functions of sales, marketing, brand management, pricing and consumer insight, is helping it in lowering costs, thereby improving the bottom line. Estimates have been stable lately ahead of the company’s Q2 earnings release. Nonetheless, intensifying competition and currency volatility are headwinds. However, shares have demonstrated solid momentum post Broadcom’s acquisition proposal of $18.90 billion, which is expected to close in the fourth quarter of calendar 2018. The company has mixed record of earnings surprises in recent quarters.

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