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Elastic (NYSE:ESTC) Issues Earnings Results

Elastic (NYSE:ESTC – Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.13, MarketWatch Earnings reports. Elastic had a negative net margin of 19.33% and a negative return on equity of 38.73%. The firm had revenue of $311.00 million […] ....

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Wells Fargo Upgrades Elastic to Overweight From Equalweight, Adjusts Price Target to $115 From $70

Elastic has an average rating of outperform and price targets ranging from $67 to $115, according to analysts polled by Capital IQ.


Price: 105.75, Change: +25.39, Percent Change: +31.60
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Elastic Books Fiscal Q2 Profit; Shares Jump


Elastic shares rose more than 31% in midday Friday trading after it reported fiscal Q2 non-GAAP diluted earnings of $0.37 per share, compared with a breakeven a year earlier.

Analysts polled. ....

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Elastic (NYSE:ESTC) Updates Q3 Earnings Guidance

Elastic (NYSE:ESTC – Get Free Report) issued an update on its third quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.30-$0.32 for the period, compared to the consensus earnings per share estimate of $0.27. The company issued revenue guidance of $319-$321 million, compared to the consensus revenue estimate of […] ....

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