Earnings Outlook For Elastic
Portfolio Pulse from Benzinga Insights
Elastic (NYSE:ESTC) is set to release its latest quarterly earnings report on June 1, 2023. Analysts estimate an EPS of $0.10. Last quarter, the company beat EPS by $0.12, resulting in a 9.45% increase in share price the next day. Shares are currently trading at $72.34 and are down 1.68% over the last 52-week period.
May 31, 2023 | 2:06 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Elastic is set to release its quarterly earnings report on June 1, 2023, with an estimated EPS of $0.10. Last quarter, the company beat EPS by $0.12, resulting in a 9.45% increase in share price.
The upcoming earnings report for Elastic (ESTC) is important for investors as it provides insights into the company's financial performance. The estimated EPS of $0.10 and the company's historical earnings performance will be key factors in determining the short-term impact on the stock price. However, as the article mentions, guidance or forecast can also significantly affect the stock price. Given the uncertainty around the actual EPS and guidance, a neutral score of 0 is assigned.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100