CrowdStrike Shares Showing Signs Of Recovery After Microsoft Outage: Can Q2 Earnings Help Continue Trend?
Portfolio Pulse from Chris Katje
CrowdStrike Holdings (NASDAQ:CRWD) is showing signs of recovery after a significant stock drop due to a global outage. The company's upcoming Q2 earnings report could influence its stock volatility. Analysts expect revenue of $958.70 million and EPS of 98 cents. The company's ability to maintain its streak of beating estimates and its guidance will be crucial, especially considering potential customer losses and legal challenges.
August 22, 2024 | 10:32 pm
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CrowdStrike's stock is recovering after a global outage. Upcoming Q2 earnings and guidance will be crucial for its stock price, especially with potential customer losses and legal challenges.
CrowdStrike's stock has been volatile due to a global outage. The upcoming Q2 earnings report is expected to show strong revenue and EPS growth, which could positively impact the stock if the company maintains its streak of beating estimates. However, potential customer losses and legal challenges could affect future guidance, making the earnings report and subsequent guidance critical for investors.
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