Elastic Sees Q1 EPS $0.24-$0.26 Vs $0.24 Est.; Revenue $343M-$345M Vs $344.95M Est.; FY25 EPS $1.35-$1.47 Vs $1.40 Est.; Revenue $1.468B-$1.48B Vs $1.48B Est.
Portfolio Pulse from Benzinga Newsdesk
Elastic has provided its financial guidance for Q1 and FY25. For Q1, the company expects EPS between $0.24 and $0.26, and revenue between $343M and $345M. For FY25, EPS is expected to be between $1.35 and $1.47, and revenue between $1.468B and $1.48B.
May 30, 2024 | 8:28 pm
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NEUTRAL IMPACT
Elastic's Q1 and FY25 financial guidance is in line with market expectations. Q1 EPS is expected to be between $0.24 and $0.26, and revenue between $343M and $345M. For FY25, EPS is expected to be between $1.35 and $1.47, and revenue between $1.468B and $1.48B.
The financial guidance provided by Elastic is largely in line with market expectations. The slight variations in EPS and revenue estimates are not significant enough to cause major price movements in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100