Splunk Q4 2024 Adj EPS $3.43 Beats $1.95 Estimate, Sales $1.49B Beat $1.28B Estimate
Portfolio Pulse from Benzinga Newsdesk
Splunk (NASDAQ:SPLK) reported Q4 2024 adjusted EPS of $3.43, surpassing the $1.95 estimate, and sales of $1.49B, exceeding the $1.28B estimate. This represents a 68.14% increase in earnings and an 18.78% increase in sales compared to the same period last year.
February 27, 2024 | 9:14 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Splunk's Q4 2024 earnings and sales significantly exceeded analyst estimates, with adjusted EPS at $3.43 against a $1.95 estimate and sales of $1.49B surpassing the $1.28B forecast.
Splunk's significant beat on both earnings and sales estimates for Q4 2024, with a substantial year-over-year growth in earnings and sales, is likely to positively impact investor sentiment and the stock price in the short term. The company's performance exceeds expectations by a wide margin, indicating strong operational efficiency and market demand for its offerings.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100