VMware VMW is slated to release fourth-quarter fiscal 2021 results on Feb 25.For the quarter, total revenues are expected to be $3.225 billion, suggesting 5% year-over-year growth. Non-GAAP earnings are expected to be $2.04 per share.The Zacks Consensus Estimate for quarterly earnings has been steady over the past 30 days at $2.05 per share, suggesting no change from the year-ago period’s reported figure.Further, the consensus mark for revenues is pegged at $3.23 billion, indicating a 5.2% increase from the year-ago reported number.VMware, Inc. Price and EPS Surprise VMware, Inc. price-eps-surprise | VMware, Inc. QuoteThe company’s earnings beat the Zacks Consensus Estimate in three of the past four quarters, missing the same in one, the average earnings surprise being 15.89%.Let’s see how things have shaped up prior to this announcement.Key Factors to NoteVMware’s expanding product portfolio along with solid adoption of cloud and security solutions is expected to have driven top-line growth in fourth-quarter fiscal 2021.The Zacks Rank #5 (Strong Sell) company is benefiting from the ongoing cloud-based digital transformation. Markedly, the company’s strategy to build partnerships with the likes of International Business Machines IBM, Amazon Web Services (”AWS”), Microsoft Azure, Google Cloud, Oracle, Intel INTC, NVIDIA NVDA, Zscaler and Samsung is helping it expand its customer base in the cloud space.Moreover, strong demand for VMware Cloud on the AWS solution is likely to have aided top-line growth. VMware Cloud on AWS is a jointly engineered service that brings VMware Cloud Foundation to the latter, with optimized access to AWS services.Furthermore, acquisitions of Pivotal Software, Carbon Black and SaltStack are expected to have been instrumental in driving VMware’s revenues during the period under consideration.Nevertheless, VMware’s fourth-quarter fiscal 2021 results are expected to bear the brunt of declining IT spending and a sluggish demand environment for on-premise IT infrastructure.Key Q4 DevelopmentsDuring the to-be-reported quarter, the company announced the commercial availability of VMware Blockchain. Markedly, VMware Blockchain supports DAML, an open-source smart contract language created by VMware Blockchain technology partner, Digital Asset. The platform’s architecture includes a virtual smart contract execution engine that is designed to easily extend the platform to support additional smart contract languages.Further, VMware unveiled the Modern Network framework. Unlike the traditional model which takes a bottom-up view, the Modern Network framework takes a top-down view, creating a network that understands the needs of the application and programmatically manages infrastructure to meet the same.Moreover, VMware Workspace ONE Access achieved Federal Risk and Authorization Management Program Moderate Authorization during the quarter.You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Breakout Biotech Stocks with Triple-Digit Profit PotentialThe biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report VMware, Inc. (VMW): Free Stock Analysis Report International Business Machines Corporation (IBM): Free Stock Analysis Report NVIDIA Corporation (NVDA): Get Free Report Intel Corporation (INTC): Free Stock Analysis Report To read this article on Zacks.com click here.