CrowdStrike Sees Q3 Adj. EPS $0.80-$0.81 Vs $0.96 Est.; Revenue $979.2M-$984.7M Vs $1.01B Est.
Portfolio Pulse from Benzinga Newsdesk
CrowdStrike has announced its Q3 adjusted EPS guidance of $0.80-$0.81, which is below the estimated $0.96. The company also projects revenue between $979.2 million and $984.7 million, falling short of the $1.01 billion estimate.
August 28, 2024 | 8:10 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
CrowdStrike's Q3 guidance indicates lower-than-expected EPS and revenue, which may negatively impact investor sentiment and the stock price in the short term.
The guidance provided by CrowdStrike for Q3 shows both EPS and revenue below analyst expectations. This typically results in negative investor sentiment, leading to potential short-term downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100