* Pure Storage Inc reported quarterly adjusted earnings of 50 cents​​ per share for the quarter ended October 31, identical to the same quarter last year. The mean expectation of twenty one analysts for the quarter was for earnings of 42 cents per share. Wall Street expected results to range from 33 cents to 47 cents per share.

* Revenue rose 8.9% to $831.07 million from a year ago; analysts expected $814.88 million.

* Pure Storage Inc's reported EPS for the quarter was 19 cents​.

* The company reported quarterly net income of $63.64 million.

* Pure Storage Inc shares had risen by 5.6% this quarter and gained 48.7% so far this year.

FORECAST CHANGES

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

* In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 8 "hold" and 1 "sell" or "strong sell."

* The average consensus recommendation for the computer hardware peer group is also "buy"

Wall Street's median 12-month price target for Pure Storage Inc is $65.50 This summary was machine generated from LSEG data December 4 at 01:00 a.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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Oct. 31 2024 0.42 0.50 Beat

Jul. 31 2024 0.37 0.44 Beat

Apr. 30 2024 0.21 0.32 Beat

Jan. 31 2024 0.44 0.50 Beat