Compared to Estimates, Elastic (ESTC) Q1 Earnings: A Look at Key Metrics
ESTCElastic(ESTC) ZACKS·2024-08-30 07:01

For the quarter ended July 2024, Elastic (ESTC) reported revenue of 347.42million,up18.3347.42 million, up 18.3% over the same period last year. EPS came in at 0.35, compared to 0.25intheyear−agoquarter.ThereportedrevenuecomparestotheZacksConsensusEstimateof0.25 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of 344.4 million, representing a surprise of +0.88%. The company delivered an EPS surprise of +40.00%, with the consensus EPS estimate being $0.25.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street exp ...