Dynatrace Inc reports results for the quarter ended in December - Earnings Summary

Dynatrace,

08/02/2024 14:30

* Dynatrace Inc  DT.N  reported quarterly adjusted earnings
of 32
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of 25
cents.  The mean expectation of twenty seven analysts for the
quarter was for earnings of 28 cents per share. Wall Street
expected results to range from 27 cents to 28 cents per share.
    * Revenue rose 22.7% to $365.10 million from a year ago;
analysts
expected $358.06 million. 
    * Dynatrace Inc's reported EPS for the quarter was 14
cents​.
    * The company reported quarterly net income of $42.69
million.
    * Dynatrace Inc shares had risen by 10.9% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 22 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the it services &
consulting peer group is also "buy"

Wall Street's median 12-month price target for Dynatrace Inc is
$65.00 
This summary was machine generated from LSEG data February 8 at
02:30 p.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
 Dec. 31 2023      0.28           0.32           Beat
 Sep. 30 2023      0.26           0.31           Beat
 Jun. 30 2023      0.22           0.27           Beat
 Mar. 31 2023      0.22           0.31           Beat