Atlassian Corp reports results for the quarter ended March 31 - Earnings Summary

Atlassian

02/05/2025 05:00

Atlassian Corp TEAM.OQ reported quarterly adjusted earnings of 97 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 89 cents.  The mean expectation of twenty seven analysts for the quarter was for earnings of 92 cents per share. Wall Street expected results to range from 83 cents to $1.16 per share.

Revenue rose 14.1% to $1.36 billion from a year ago; analysts expected $1.35 billion.

Atlassian Corp's reported EPS for the quarter was a loss of 27 cents​.

The company reported a quarterly loss of $70.81 million.

Atlassian Corp shares had risen by 7.6% this quarter and lost 6.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.3% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 24 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for Atlassian Corp is $300.00

This summary was machine generated from LSEG data May 2 at 03:59 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
0.92
0.97
Beat
Dec. 31 2024
0.76
0.96
Beat
Sep. 30 2024
0.64
0.77
Beat
Jun. 30 2024
0.60
0.66
Beat