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Elastic (NYSE:ESTC) Releases Q4 2022 Earnings Guidance

Elastic (NYSE:ESTC – Get Rating) issued an update on its fourth quarter 2022 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $-0.240-$-0.200 for the period, compared to the Thomson Reuters consensus estimate of $-0.260. The company issued revenue guidance of $230 million-$232 million, compared to the consensus revenue estimate […] ....

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Arden Trust Co Sells 180 Shares of Elastic (NYSE:ESTC)

Arden Trust Co lowered its position in Elastic (NYSE:ESTC – Get Rating) by 3.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 5,196 shares of the company’s stock after selling 180 shares during the quarter. Arden Trust Co’s holdings in Elastic were worth $639,000 […] ....

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Elastic (NYSE:ESTC) PT Lowered to $125.00 at Stifel Nicolaus

Elastic (NYSE:ESTC – Get Rating) had its price objective decreased by analysts at Stifel Nicolaus from $148.00 to $125.00 in a research report issued to clients and investors on Monday, Benzinga reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ price objective indicates a potential upside of 45.69% from the company’s […] ....

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Elastic (NYSE:ESTC) Receives $154.73 Average PT from Analysts

Elastic (NYSE:ESTC – Get Rating) has received an average recommendation of “Buy” from the seventeen analysts that are covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued […] ....

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Elastic (NYSE:ESTC) Shares Gap Up on Earnings Beat

Elastic (NYSE:ESTC – Get Rating)’s stock price gapped up before the market opened on Friday after the company announced better than expected quarterly earnings. The stock had previously closed at $80.75, but opened at $84.00. Elastic shares last traded at $86.80, with a volume of 15,784 shares trading hands. The company reported ($0.12) earnings per […] ....

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