Pure Storage Inc reports results for the quarter ended July 31 - Earnings Summary

Everpure

28/08/2025 01:01

Pure Storage Inc PSTG.N reported quarterly adjusted earnings of 43 cents​​ per share for the quarter ended July 31, lower than the same quarter last year, when the company reported EPS of 44 cents.  The mean expectation of nineteen analysts for the quarter was for earnings of 39 cents per share. Wall Street expected results to range from 35 cents to 44 cents per share.

Revenue rose 12.7% to $861.00 million from a year ago; analysts expected $846.87 million.

Pure Storage Inc's reported EPS for the quarter was 14 cents​.

The company reported quarterly net income of $47.12 million.

Pure Storage Inc shares had risen by 1.7% this quarter and lost 4.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.9% 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 14 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the computer hardware peer group is also "buy"

Wall Street's median 12-month price target for Pure Storage Inc is $70.00, about 13.1% above its last closing price of $60.86

This summary was machine generated from LSEG data August 28 at 12:01 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
Jul. 31 2025
0.39
0.43
Beat
Apr. 30 2025
0.25
0.29
Beat
Jan. 31 2025
0.41
0.45
Beat
Oct. 31 2024
0.42
0.50
Beat