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

Splunk

23/08/2023 22:02

* Splunk Inc  SPLK.OQ  reported quarterly adjusted earnings
of 71
cents​​ per share for the quarter ended in July. The mean
expectation of thirty four analysts for the quarter was
for earnings of 45 cents per share.
    * Revenue rose 14% to $910.59 million from a year ago;
analysts
expected $885.97 million. 
    * Splunk Inc's reported EPS for the quarter was a loss of 38
cents​.
    * The mean earnings estimate of analysts had risen by
about 10.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Splunk Inc shares had fallen by 7.5% this quarter and
gained 14.0% so far this year.
    * The company reported a quarterly loss of $63.25 million.
    * Wall Street's median 12-month price target for Splunk Inc
is
$124.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 23 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      0.45           0.71           Beat
 Apr. 30 2023      -0.13          0.18           Beat
 Jan. 31 2023      1.15           2.04           Beat
 Oct. 31 2022      0.25           0.83           Beat