Pure Storage Inc expected to post earnings of 41 cents a share - Earnings Preview

Reuters
02-24
<a href="https://laohu8.com/S/PSTG">Pure Storage Inc</a> <pstg.n> expected to post earnings of 41 cents a share - Earnings Preview </pstg.n>
  • Pure Storage Inc PSTG.N, PSTG.K is expected to show a rise in quarterly revenue when it reports results on February 26 for the period ending January 31 2025

  • The Santa Clara California-based company is expected to report a 10.0% increase in revenue to $868.658 million from $789.81 million a year ago, according to the mean estimate from 17 analysts, based on LSEG data.The company's guidance on December 3 2024, for the period ended January 31, was for revenue of $867.000 million.

  • ​LSEG's mean analyst estimate for Pure Storage Inc is for earnings of 41 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Pure Storage Inc is $75.00​, above​ its last closing price of $65.07. ​​​

The company's guidance on December 3 2024 for the period ended January 31 was for Earnings before Interest and Taxes of USD135 million.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Oct. 31 2024

0.43

0.42

0.50

Beat

19.7

Jul. 31 2024

0.38

0.37

0.44

Beat

18.9

Apr. 30 2024

0.22

0.21

0.32

Beat

50​

Jan. 31 2024

0.45

0.44

0.50

Beat

14.7

​​Oct. 31 2023

0.41

0.40

0.50

Beat

25

Jul. 31 2023

0.28

0.28

0.34

Beat

22.5​

Apr. 30 2023

0.04

0.04

0.08

Beat

114.6

Jan. 31 2023

0.39

0.39

0.53

Beat

36.3

This summary was machine generated February 24 at 11:30 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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