Datadog Sees Q4 2023 EPS $0.42-$0.44 Vs $0.35 Est, Sees Revenue $564-$568M Vs $543.39M Est
Portfolio Pulse from Benzinga Newsdesk
Datadog has projected its Q4 2023 earnings per share (EPS) to be between $0.42 and $0.44, which is higher than the estimated $0.35. The company also expects its revenue to be between $564M and $568M, surpassing the estimated $543.39M.
November 07, 2023 | 12:06 pm
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POSITIVE IMPACT
Datadog's higher than expected Q4 2023 EPS and revenue forecasts may positively impact its stock price.
Datadog's projected EPS and revenue for Q4 2023 are both higher than the estimates. This positive financial outlook could increase investor confidence and drive up the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100