Pure Storage's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Pure Storage (NYSE:PSTG) is set to release its latest quarterly earnings report on May 31, 2023. Analysts estimate an EPS of $0.04. The company's historical earnings performance shows mixed results, with share prices reacting differently to earnings beats and misses. Shares are currently trading at $27.56 and have risen 17.41% over the last 52-week period.
May 30, 2023 | 2:05 pm
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Pure Storage's earnings report is expected on May 31, 2023, with an estimated EPS of $0.04. The company's historical earnings performance has shown mixed results, and shares are currently trading at $27.56, up 17.41% over the last 52 weeks.
The estimated EPS of $0.04 for Pure Storage's upcoming earnings report is a key factor for investors. However, the company's historical earnings performance has shown mixed results, with share prices reacting differently to earnings beats and misses. Given the 17.41% increase in share price over the last 52 weeks, long-term shareholders may be bullish going into this earnings release. Therefore, the short-term impact on the stock price is uncertain, resulting in a neutral score.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100