Splunk Inc expected to post a loss of 13 cents a share - Earnings Preview
22/05/2023 21:57
* Splunk Inc SPLK.OQ SPLK.O is expected to show a rise
in
quarterly revenue when it reports results on May 24.
* The San Francisco California-based company is expected to
report a 7.2% increase in revenue to $722.392 million from
$674.08 million a year ago, according to the mean estimate from
29 analysts, based on Refinitiv data. The company's guidance on
March 1 2023, for the period ended April 30, was for revenue
between $710.00 million and $725.00 million.
* Refinitiv's mean analyst estimate for Splunk Inc is for a
loss
of 13 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 25 "strong buy" or "buy," 16
"hold" and no "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 Splunk Inc
is
$115, above its last closing price of $96.23.
The company's guidance on March 1 2023 for the period ended
April 30 was for Earnings before Interest and Taxes between
USD-35.5 million and USD-21.75 million.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
Jan. 31 2023 1.17 1.15 2.04 Beat 77.9
Oct. 31 2023 0.26 0.25 0.83 Beat 231.3
Jul. 31 2022 -0.32 -0.35 0.09 Beat 126
Apr. 30 2022 -0.72 -0.74 -0.32 Beat 56.9
Jan. -0.19 -0.19 0.66 Beat 447.6
31 2022
Oct. 31 2021 -0.50 -0.50 -0.37 Beat 25.9
Jul. 31 2021 -0.70 -0.69 -0.62 Beat 9.6
Apr. 30 2021 -0.71 -0.70 -0.91 Missed -29.3
This summary was machine generated May 22 at 20:57 GMT. All
figures in US dollars unless otherwise stated