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Splunk Inc expected to post earnings of $1.15 a share - Earnings Preview

* Splunk Inc  SPLK.OQ   SPLK.O  is expected to show a rise
in
quarterly revenue when it reports  results on March 1. 
    * The San Francisco California-based  company is expected to
report  a 19.0% increase in revenue to $1.073 billion from
$901.12 million a year ago, according to the mean estimate from
34 analysts, based on Refinitiv data. The company's guidance on
November 30 2022, for the period ended January 31, was for
revenue between $1.06 billion and $1.09 billion.
    * ​Refinitiv's mean analyst estimate for Splunk Inc is for
earnings of $1.15 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 29 "strong buy" or "buy," 15
"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
$114​, above​ its last closing price of $101.78. ​​​

The company's guidance on November 30 2022 for the period ended
January 31 was for Earnings before Interest and Taxes between
USD242.65 million and USD282.1 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  
 Oct. 31 2022  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. 31 2022  -0.19       -0.19      0.66      Beat    447.6
 ​​Oct.        -0.50       -0.50      -0.37     Beat    25.9
 31 2021                                                
 Jul. 31 2021  -0.70       -0.69      -0.62     Beat    9.6​
 Apr. 30 2021  -0.71       -0.70      -0.91     Missed  -29.3
 Jan. 31 2021  -0.02       0.04       0.38      Beat    781.3
 This summary was machine generated February 28 at 00:06 GMT. 
All figures in US dollars  unless otherwise stated

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