Elastic (ESTC) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates

Wall Street analysts expect Elastic (ESTC) to post quarterly earnings of $0.25 per share in its upcoming report, which indicates no change from the year-ago quarter. Revenues are expected to be$344.4 million, up 17.2% from the year-ago quarter. Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Prior to a company's earnings release, it is of utmost importa ...