Splunk Inc expected to post earnings of $1.14 a share - Earnings Preview
24/11/2023 21:08
* Splunk Inc SPLK.OQ SPLK.O is expected to show a rise
in
quarterly revenue when it reports results for the period
ending July 31 2023
* The San Francisco California-based company is expected to
report a 10.7% increase in revenue to $1.029 billion from
$929.77 million a year ago, according to the mean estimate from
27 analysts, based on LSEG data.The company's guidance on August
23 2023, for the period ended October 31, was for revenue
between $1.02 billion and $1.04 billion.
* LSEG's mean analyst estimate for Splunk Inc is for
earnings of
$1.14 per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 26
"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
$157.00, above its last closing price of $151.54.
The company's guidance on August 23 2023 for the period ended
October 31 was for Earnings before Interest and Taxes between
USD251.94 million and USD261.855 million.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jul. 31 2023 0.48 0.45 0.71 Beat 58.3
Apr. 30 2023 -0.09 -0.13 0.18 Beat 239.5
Jan. 31 2023 1.17 1.15 2.04 Beat 77.9
Oct. 31 2022 0.26 0.25 0.83 Beat 231.3
Jul. -0.32 -0.35 0.09 Beat 126
31 2022
Apr. 30 2022 -0.72 -0.74 -0.32 Beat 56.9
Jan. 31 2022 -0.19 -0.19 0.66 Beat 447.6
Oct. 31 2021 -0.50 -0.50 -0.37 Beat 25.9
This summary was machine generated November 24 at 21:07 GMT.
All figures in US dollars unless otherwise stated