Pure Storage Inc expected to post earnings of 25 cents a share - Earnings Preview

Everpure

27/05/2025 24:02

Pure Storage Inc PSTG.N, PSTG.K is expected to show a rise in quarterly revenue when it reports  results on May 28 for the period ending April 30 2025

The Santa Clara California-based  company is expected to report a 11.1% increase in revenue to $770.231 million from $693.48 million a year ago, according to the mean estimate from 18 analysts, based on LSEG data.The company's guidance on February 26 2025, for the period ended April 30, was for revenue of $770.000 million.

​LSEG's mean analyst estimate for Pure Storage Inc is for earnings of 25 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Pure Storage Inc is $70.00​, above​ its last closing price of $55.44. ​​​

The company's guidance on February 26 2025 for the period ended April 30 was for Earnings before Interest and Taxes of USD80 million.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Jan. 31 2025
0.43
0.41
0.45
Beat
8.5
Oct. 31 2025
0.43
0.42
0.50
Beat
19.7
Jul. 31 2024
0.38
0.37
0.44
Beat
18.9​
Apr. 30 2024
0.22
0.21
0.32
Beat
50
​​Jan. 31 2024
0.45
0.44
0.50
Beat
14.7
Oct. 31 2023
0.41
0.40
0.50
Beat
25​
Jul. 31 2023
0.28
0.28
0.34
Beat
22.5
Apr. 30 2023
0.04
0.04
0.08
Beat
114.6

This summary was machine generated May 26 at 23:02 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)