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

Splunk

01/03/2023 23:16

* Splunk Inc  SPLK.OQ  reported quarterly adjusted earnings
of
$2.04​​ per share for the quarter ended in January. The mean
expectation of thirty eight analysts for the quarter was
for earnings of $1.15 per share.
    * Revenue rose 38.8% to $1.25 billion from a year ago;
analysts
expected $1.07 billion. 
    * Splunk Inc's reported EPS for the quarter was $1.44​.
    * The mean earnings estimate of analysts had risen by
about 11.1%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Splunk Inc shares had risen by 19.1% this quarter.
    * The company reported quarterly net income of $268.79
million.
    * Wall Street's median 12-month price target for Splunk Inc
is
$114.00 
    * 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." 

This summary was machine generated from Refinitiv data March 1
at 11:15 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2023      1.15           2.04           Beat
 Oct. 31 2022      0.25           0.83           Beat
 Jul. 31 2022      -0.35          0.09           Beat
 Apr. 30 2022      -0.74          -0.32          Beat