Datadog Inc DDOG.OQ reported quarterly adjusted earnings of 49 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 55 cents. The mean expectation of thirty eight analysts for the quarter was for earnings of 44 cents per share. Wall Street expected results to range from 42 cents to 55 cents per share.
Revenue rose 25.1% to $737.73 million from a year ago; analysts expected $714.54 million.
Datadog Inc's reported EPS for the quarter was 13 cents.
The company reported quarterly net income of $45.59 million.
Datadog Inc shares had risen by 3.6% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.2% 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 36 "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 Datadog Inc is $160.00
This summary was machine generated from LSEG data February 13 at 02:31 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Dec. 31 2024 | 0.44 | 0.49 | Beat |
Sep. 30 2024 | 0.40 | 0.46 | Beat |
Jun. 30 2024 | 0.37 | 0.43 | Beat |
Mar. 31 2024 | 0.35 | 0.44 | Beat |
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