SAN FRANCISCO -- Even without the recent market volatility, investors are almost guaranteed a wild ride after VMware ( VMW) reports third-quarter earnings after the bell Wednesday.Since debuting as a public company in August, Palo Alto, Calif.-based VMware has proved to be a volatile stock, although generally in a good way, doubling its initial trading price. Ironically, the shares were recently off less than 1% in recent Wednesday trading to $105.41, despite a broad selloff in the market. Analysts polled by Thomson Financial are expecting revenue of $332.5 million, which would be a 76% increase from $189 million a year earlier. Earnings per share, excluding items, are expected to jump to 17 cents from 11 cents a year earlier. VMware timed its earnings report so that EMC ( EMC), which owns 86% of VMware, doesn't steal its thunder. VMware's numbers will be embedded in the EMC report, which is due out Thursday before the market opens. Bailard analyst Sonya Thadhani says she expects the virtualization software developer to come in ahead of estimates. She's also anticipating volatility in the new issue. "But that is not unique to VMware. We're seeing that across the board" this earnings season when companies miss or surpass estimates. "There is no room for disappointment with this name," Thadhani says. "The growth opportunities are tremendous. It has an amazing hold on the virtualization market."