Splunk Inc expected to post earnings of 45 cents a share - Earnings Preview
21/08/2023 21:18
* Splunk Inc SPLK.OQ SPLK.O is expected to show a rise
in
quarterly revenue when it reports results on August 23.
* The San Francisco California-based company is expected to
report a 10.9% increase in revenue to $885.968 million from
$798.75 million a year ago, according to the mean estimate from
32 analysts, based on Refinitiv data. The company's guidance on
May 24 2023, for the period ended July 31, was for revenue
between $880.00 million and $895.00 million.
* Refinitiv's mean analyst estimate for Splunk Inc is for
earnings of 45 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 26 "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
$124, above its last closing price of $97.49.
The company's guidance on May 24 2023 for the period ended July
31 was for Earnings before Interest and Taxes between USD88
million and USD107.4 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
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. 31 2022 -0.32 -0.35 0.09 Beat 126
Apr. -0.72 -0.74 -0.32 Beat 56.9
30 2022
Jan. 31 2022 -0.19 -0.19 0.66 Beat 447.6
Oct. 31 2021 -0.50 -0.50 -0.37 Beat 25.9
Jul. 31 2021 -0.70 -0.69 -0.62 Beat 9.6
This summary was machine generated August 21 at 20:18 GMT. All
figures in US dollars unless otherwise stated