Pure Storage(PSTG)

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Compared to Estimates, Pure Storage (PSTG) Q4 Earnings: A Look at Key Metrics
ZACKS· 2025-02-27 01:00
For the quarter ended January 2025, Pure Storage (PSTG) reported revenue of $879.84 million, up 11.4% over the same period last year. EPS came in at $0.45, compared to $0.50 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $870.43 million, representing a surprise of +1.08%. The company delivered an EPS surprise of +7.14%, with the consensus EPS estimate being $0.42.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...
Pure Storage (PSTG) Surpasses Q4 Earnings and Revenue Estimates
ZACKS· 2025-02-26 23:40
Pure Storage (PSTG) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.14%. A quarter ago, it was expected that this data storage company would post earnings of $0.43 per share when it actually produced earnings of $0.50, delivering a surprise of 16.28%.Over the last four quarters, the ...
Pure Storage Surpasses Revenue Forecast
The Motley Fool· 2025-02-26 22:44
Pure Storage reported 11.4% quarterly revenue growth, yet saw a dip in free cash flow.Pure Storage (PSTG 1.86%), a provider of flash storage solutions, released its fourth-quarter results on Feb. 26, 2025. The company's revenue of $879.8 million exceeded both management’s guidance and analyst expectations. Despite the robust revenue performance, the non-GAAP earnings per share (EPS) was $0.45, showing a year-over-year decline from $0.50. Overall, the quarter highlighted strong revenue growth, especially in ...
Why Pure Storage Stock Was a Winner on Wednesday
The Motley Fool· 2025-02-26 22:44
Pure Storage (PSTG 1.86%) stock edged higher on Hump Day, thanks largely to an encouraging earnings report. After this was published, investors pushed the stock nearly 2% higher on the day, which was notable because the benchmark S&P 500 index essentially traded sideways.Double beat on key fundamentalsThose numbers were unveiled before market open on Wednesday, revealing that the data storage company earned just under $880 million in revenue in the fourth quarter of its fiscal 2025. This meant a double-digi ...
Pure Storage(PSTG) - 2025 Q4 - Earnings Call Presentation
2025-02-26 22:11
Fiscal Q4 & Full Year 2025 Financial Results February 26, 2025 Forward Looking Statements and Non-GAAP Information This presentation contains forward-looking statements regarding our products, business and operations, including but not limited to our views relating to our opportunity relating to hyperscale and AI environments, our ability to meet hyperscalers' performance and and price requirements, our ability to meet the needs of hyperscalers for the entire spectrum of their online storage use cases, the ...
Pure Storage(PSTG) - 2025 Q4 - Annual Results
2025-02-26 21:07
Exhibit 99.1 Pure Storage Announces Fiscal Fourth Quarter and Full Year 2025 Financial Results • Continued Hyperscale Progress • Market-Leading Platform Innovation Delivers double-digit revenue growth and strong profitability in Q4 Full year 2025 revenue surpasses $3 billion, representing growth of 12% year-over-year SANTA CLARA, Calif. – February 26, 2025 – Today Pure Storage (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, announced financial res ...
Pure Storage Announces Fiscal Fourth Quarter and Full Year 2025 Financial Results
Prnewswire· 2025-02-26 21:05
Delivers double-digit revenue growth and strong profitability in Q4Full year 2025 revenue surpasses $3 billion, representing growth of 12% year-over-yearSANTA CLARA, Calif., Feb. 26, 2025 /PRNewswire/ -- Today Pure Storage (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, announced financial results for its fiscal fourth quarter and full year 2025 ended February 2, 2025."Pure Storage delivered solid fourth quarter and full year results as we fundame ...
Why Pure Storage (PSTG) is Poised to Beat Earnings Estimates Again
ZACKS· 2025-02-25 18:11
Core Viewpoint - Pure Storage (PSTG) is positioned well to continue its trend of beating earnings estimates in upcoming quarterly reports [1] Group 1: Earnings Performance - Pure Storage has a strong history of surpassing earnings estimates, averaging a 16.03% beat over the last two quarters [2] - In the last reported quarter, Pure Storage achieved earnings of $0.50 per share, exceeding the Zacks Consensus Estimate of $0.43 per share, resulting in a surprise of 16.28% [3] - In the previous quarter, the company was expected to earn $0.38 per share but reported $0.44 per share, delivering a surprise of 15.79% [3] Group 2: Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Pure Storage, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating potential for another earnings beat [4][7] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [5] - Pure Storage currently has an Earnings ESP of +2.59%, suggesting analysts are optimistic about the company's earnings prospects [7] Group 3: Importance of Earnings ESP - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [6] - A negative Earnings ESP reduces predictive power but does not necessarily indicate an earnings miss [8] - Checking a company's Earnings ESP before quarterly releases is crucial for increasing the odds of success in investment decisions [9]
Insights Into Pure Storage (PSTG) Q4: Wall Street Projections for Key Metrics
ZACKS· 2025-02-21 15:21
Core Insights - Pure Storage (PSTG) is expected to report quarterly earnings of $0.43 per share, a decline of 14% year-over-year, with revenues forecasted at $869.92 million, reflecting a 10.1% increase compared to the same period last year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating analysts have reassessed their initial estimates [1][2] Revenue Projections - Analysts predict 'Revenue- Product' to be $475.61 million, indicating a year-over-year change of +3.2% [4] - The forecast for 'Revenue- Subscription services' is $394.32 million, representing a year-over-year increase of +19.9% [4] - The estimated 'Geographic Revenue- Rest of the world' is $252.91 million, showing a year-over-year decline of -5.5% [4] Profit Estimates - The consensus for 'Non-GAAP Gross profit- Subscription services' is projected at $302.13 million, up from $243.78 million in the same quarter last year [5] - Analysts estimate 'Non-GAAP Gross profit- Product' to reach $315.58 million, compared to $338.20 million reported in the prior year [5] Stock Performance - Over the past month, shares of Pure Storage have decreased by -6.3%, while the Zacks S&P 500 composite has increased by +2.2% [6] - Currently, PSTG holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [6]
Should You Add PSTG Stock to Your Portfolio Pre-Q4 Earnings?
ZACKS· 2025-02-20 21:00
Core Insights - Pure Storage, Inc. (PSTG) is set to report its fourth-quarter fiscal 2025 results on February 26, 2025 [1] - The Zacks Consensus Estimate for earnings in the upcoming quarter is 43 cents, reflecting a 14% decline year-over-year, while total revenues are estimated at $869.9 million, indicating a 10.1% year-over-year growth [2] - PSTG has a trailing four-quarter earnings surprise average of 22.16%, having beaten estimates in each instance, with a 16.3% surprise in the last reported quarter [4] Financial Performance Expectations - For the fiscal fourth quarter, PSTG anticipates revenues of $867 million, which represents a 9.7% increase from the previous year [3] - Subscription services revenues are projected to reach $399.1 million, up 21.3% year-over-year, driven by strong renewals of Evergreen subscriptions [8] Strategic Developments - PSTG has strengthened its partnership with Kioxia to enhance the development of high-performance storage solutions amid rising Flash demand in the hyperscale industry [9] - The company is capitalizing on opportunities in the AI sector, having launched the Pure Storage GenAI Pod to simplify generative AI project deployments [12] Market Position and Growth Outlook - PSTG's revenue forecast for fiscal 2025 has been adjusted to $3.15 billion, indicating an 11.5% growth year-over-year, surpassing the previous estimate of $3.1 billion [13] - The company’s stock has increased by 31.7% over the past three months, outperforming the Computer Storage Devices Industry's growth of 24.3% and the S&P 500's gain of 3.6% [15] Competitive Landscape - PSTG's growth is notable compared to peers such as NetApp, Netlist, and Teradata, which have experienced declines of 1.7%, 33.2%, and 19.7% respectively [17] - The company is trading at a premium with a forward 12-month Price/Earnings ratio of 35.12X compared to the industry average of 18.53X [21] Challenges and Considerations - The company faces challenges from rising costs in software, SaaS, and cloud services, as well as uncertainty surrounding AI spending, which may impact IT budgets [19] - There is an expected modest sequential decline in product gross margin due to strong growth in the FlashArray//E family and FlashArray//C solutions [14]