Datadog Sees FY23 EPS $1.52-$1.54 Vs $1.33 Est, Sees Revenue $2.103B-$2.107B Vs $2.06B Est
Portfolio Pulse from Benzinga Newsdesk
Datadog has updated its FY23 earnings per share (EPS) forecast to $1.52-$1.54, up from the previous estimate of $1.33. The company also expects its revenue to be between $2.103B-$2.107B, higher than the estimated $2.06B.
November 07, 2023 | 12:06 pm
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Datadog has raised its FY23 EPS and revenue forecasts, which could positively impact its stock price.
Datadog's raised EPS and revenue forecasts for FY23 indicate that the company expects better financial performance than previously estimated. This could increase investor confidence and drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100