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Splunk Inc expected to post earnings of $1.95 a share - Earnings Preview

* Splunk Inc  SPLK.OQ   SPLK.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 27 for
the period ending January 31 2024
    * The San Francisco California-based  company is expected to
report a 2.1% increase in revenue to $1.278 billion from $1.25
billion a year ago, according to the mean estimate from 18
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Splunk Inc is for
earnings of
$1.95 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 28
"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 $155.55. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Oct. 31 2023  1.18        1.14       1.52      Beat    33.3
 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.        0.26        0.25       0.83      Beat    231.3
 31 2022                                                
 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
 This summary was machine generated February 24 at 00:00 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)

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