Photo Credit:Charis Tsevis

Tableau Software, Inc. (DATA) Information Technology – Software | Reports February 4, After Market Closes

Key Takeaways

Business analytics tool, Tableau is scheduled to report fourth quarter earnings February 4th, after the market closes. The software company develops an easy to use analytics platform that enables consumers to perform data visualization and analysis like the best programmers. Its early success comes as no surprise as today’s businesses are generating large sums of data that require seamless analysis. Tableau’s model, which challenges conventional platforms, has led to its torrid growth with the company beating revenue estimates each of the past 8 quarters. This quarter, the Estimize consensus is calling for EPS of $0.19 and revenue of $204.94, slightly higher than Wall Street’s estimates. Compared to Q4 2014, this represents a projected a YoY increase in revenue of 44% but decrease in EPS of 51%. While Tableau is seeing early success, its products still lack the robustness to completely replace incumbent platforms. As the company continues to grow, it must work to displace more established competitors in addition to smaller contemporaries. 

With a feature set not quite on par with established giants like Oracle and IBM, Tableau remains a helpful complement to incumbent systems but not robust enough to replace them. That said, the firm has an edge over established intelligence platforms in usability and data source compatibility. At the moment Tableau has 35 thousand customers across 150 countries. In Q4, the company launched its first data center in Ireland and operations in China. Low cost initial deployment and ease of use will help drive new customer adoption in international markets. Fundamentally, Tableau’s products serve an unmet need to bring data analysis to the common person, which intend to maintain the company’s blistering growth.