Jefferies Adjusts RHT Estimates

Jefferies is making some adjustments to its estimates on Red Hat, Inc. (NYSE: RHT).

“Q4:FY revenue/pf-EPS/GAAP CFFO estimates move to $235mm/21c/$89mm from $230.3mm/19c $90.7mm,” Jefferies writes. “Our FY11 estimates move to $900mm/78c/$284.8mm from $885mm/76c/$288mm. Our FY12 estimates move to $1002mm/91c/$332mm from $970mm/92c/$325mm.”

Red Hat currently trades at $45.49.