CrowdStrike Sees Q1 Adj. EPS $0.89-$0.90 vs $0.82 Est., Sees Revenue $902.2M-$905.8M vs $899.29M Est.
Portfolio Pulse from Benzinga Newsdesk
CrowdStrike projects its Q1 adjusted EPS to be between $0.89 and $0.90, surpassing the estimated $0.82. The company also forecasts its revenue to be between $902.2M and $905.8M, exceeding the expected $899.29M.
March 05, 2024 | 9:07 pm
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CrowdStrike anticipates higher Q1 earnings and revenue than analysts expected, with adjusted EPS between $0.89-$0.90 and revenue between $902.2M-$905.8M.
CrowdStrike's projection of higher-than-expected earnings and revenue for Q1 indicates strong performance and operational efficiency, likely leading to positive investor sentiment and a potential increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100