Dynatrace Inc expected to post earnings of 29 cents a share - Earnings Preview

Dynatrace

05/08/2024 15:23

* Dynatrace Inc  DT.N   DT  is expected to show a rise in
quarterly revenue when it reports  results on August 7 for the
period ending June 30 2024
    * The Waltham Massachusetts-based  company is expected to
report a
17.7% increase in revenue to $391.758 million from $332.89
million a year ago, according to the mean estimate from 26
analysts, based on LSEG data.The company's guidance on May 15
2024, for the period ended June 30, was for revenue between
$391.00 million and $393.00 million.
    * ​LSEG's mean analyst estimate for Dynatrace Inc is for
earnings
of 29 cents per share. The company's EPS guidance on May 15
2024, for the period ended June 30, was between $0.29 and $0.30 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 25 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Dynatrace
Inc is
$58.50​, above​ its last closing price of $41.29. ​​​

The company's guidance on May 15 2024 for the period ended June
30 was for Earnings before Interest and Taxes between USD105
million and USD108 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.27        0.27       0.30      Beat    11.2
 Dec. 31 2024  0.28        0.28       0.32      Beat    14.4
 Sep. 30 2023  0.27        0.26       0.31      Beat    17.8​
 Jun. 30 2023  0.22        0.22       0.27      Beat    22.5
 ​​Mar.        0.22        0.22       0.31      Beat    39.3
 31 2023                                                
 Dec. 31 2022  0.21        0.21       0.25      Beat    17.3​
 Sep. 30 2022  0.18        0.18       0.22      Beat    20.4
 Jun. 30 2022  0.18        0.18       0.18      Met     2.3
 This summary was machine generated August 5 at 14:23 GMT.  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)