• Elastic NV ESTC.N reported quarterly adjusted earnings of 63 cents​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of 36 cents. The mean expectation of twenty seven analysts for the quarter was for earnings of 47 cents per share. Wall Street expected results to range from 44 cents to 50 cents per share.

• Revenue rose 16.5% to $382.08 million from a year ago; analysts expected $368.66 million.

• Elastic NV's reported EPS for the quarter was a loss of 16 cents​.

• The company reported a quarterly loss of $17.06 million.

• Elastic NV shares had risen by 4.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 21 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for Elastic NV is $130.00

This summary was machine generated from LSEG data February 27 at 11:32 p.m. UTC. ​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)