Pure Storage Q2 EPS $0.34 Beats $0.28 Estimate, Sales $688.67M Beat $680.07M Estimate
Portfolio Pulse from Bill Haddad
Pure Storage reported Q2 earnings of $0.34 per share, beating the analyst consensus estimate of $0.28 by 21.43%. This is a 6.25% increase from the same period last year. The company also reported quarterly sales of $688.67 million, beating the analyst consensus estimate of $680.07 million by 1.26%. This is a 6.48% increase from the same period last year.
August 30, 2023 | 8:10 pm
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POSITIVE IMPACT
Pure Storage's Q2 earnings and sales beat estimates, with a YoY increase in both. This could potentially lead to a positive market reaction.
Pure Storage reported better than expected Q2 results, with both earnings per share and sales beating estimates and showing a YoY increase. This positive financial performance could potentially lead to a positive market reaction, increasing the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100