Splunk Inc reports results for the quarter ended in April - Earnings Summary

Splunk

24/05/2023 22:37

* Splunk Inc  SPLK.OQ  reported quarterly adjusted earnings
of 18
cents​​ per share for the quarter ended in April. The mean
expectation of thirty four analysts for the quarter was for a
loss of 13 cents per share.
    * Revenue rose 11.5% to $751.51 million from a year ago;
analysts
expected $722.39 million. 
    * Splunk Inc's reported EPS for the quarter was a loss of
$1.19​.
    * The mean earnings estimate of analysts had fallen by
about 488.6% in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Splunk Inc shares had risen by 0.7% this quarter and
gained 12.1% so far this year.
    * The company reported a quarterly loss of $196.42 million.
    * Wall Street's median 12-month price target for Splunk Inc
is
$115.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
24 at 09:36 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2023      -0.13          0.18           Beat
 Jan. 31 2023      1.15           2.04           Beat
 Oct. 31 2022      0.25           0.83           Beat
 Jul. 31 2022      -0.35          0.09           Beat