VeriSign (VRSN) To Report Q2 Earnings: What's In Store?

 | Jul 21, 2019 11:10PM ET

VeriSign (NASDAQ:VRSN) is set to report second-quarter 2019 results on Jul 25.

Notably, the company’s earnings beat the Zacks Consensus Estimate in the trailing four quarters, the average positive surprise being 10.8%.

VeriSign VeriSign, Inc. Quote

Moreover, on May 30, 2019, VeriSign announced that first-quarter 2019 closed with 351.8 million domain name registrations across all top-level domains (TLDs), up 0.9% year over year. Domain name registrations grew 18 million or 5.4% year over year.

However, increasing operating expenses related to research and development, and sales and marketing may prove to be a drag on margins in second-quarter 2019.

What Our Model Says

According to the Zacks model, a company with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) along with a positive the complete list of today’s Zacks #1 Rank stocks here .

Apple (NASDAQ:AAPL) has an Earnings ESP of +1.35% and a Zacks Rank #3.

Grubhub (NYSE:GRUB) has a Zacks Rank #3 and an Earnings ESP of +23.79%.

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