Elastic to Report Q1 Earnings Results: What's in the Offing?
ESTCElastic(ESTC) ZACKS·2024-08-29 01:05

Elastic N.V. (ESTC) is scheduled to release its first-quarter fiscal 2025 results on Aug. 29, after market close.ESTC outpaced the Zacks Consensus Estimate in the trailing four quarters, delivering an earnings surprise of 52%, on average.Q1 Expectations for ElasticThe Zacks Consensus Estimate for ESTC’s revenues is pegged at $1.5 billion, suggesting a 16.4% increase from the year-ago quarter’s actual.Elastic’s strategy to focus on customer-centric growth is expected to have aided the top line. Cost consciou ...