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

Dynatrace,

15/05/2024 14:31

* Dynatrace Inc  DT.N  reported quarterly adjusted earnings
of 30
cents​​ per share for the quarter ended in January, lower than
the same quarter last year, when the company reported EPS of 31
cents.  The mean expectation of twenty nine analysts for the
quarter was for earnings of 27 cents per share. Wall Street
expected results to range from 26 cents to 28 cents per share.
    * Revenue rose 21.1% to $380.85 million from a year ago;
analysts
expected $375.28 million. 
    * Dynatrace Inc's reported EPS for the quarter was 13
cents​.
    * The company reported quarterly net income of $37.94
million.
    * Dynatrace Inc shares had fallen by 0.0% this quarter and
lost 15.1% 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, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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 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
$62.50 
This summary was machine generated from LSEG data May 15 at
01:30 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
 Mar. 31 2024      0.27           0.30           Beat
 Dec. 31 2023      0.28           0.32           Beat
 Sep. 30 2023      0.26           0.31           Beat
 Jun. 30 2023      0.22           0.27           Beat