Elastic to Report Q1 Earnings Results: What's in the Offing?

Group 1: Core Insights - Elastic N.V. (ESTC) is set to release its first-quarter fiscal 2025 results on August 29, after market close, and has outperformed the Zacks Consensus Estimate in the last four quarters with an average earnings surprise of 52% [1] Group 2: Revenue Expectations - The Zacks Consensus Estimate for ESTC's revenues is $1.5 billion, indicating a 16.4% increase from the same quarter last year, driven by a customer-centric growth strategy [2] - Subscription revenues are expected to rise, supported by growth in Elastic Cloud, particularly from the self-service segment in small and medium-sized businesses [3] Group 3: Earnings Projections - The consensus estimate for earnings is $1.4 per share, reflecting an 18.5% year-over-year growth, likely benefiting from strong margins [4] - The current Earnings ESP for ESTC is 0.00%, with a Zacks Rank of 2 (Buy), suggesting that the model does not predict a definitive earnings beat this time [5][6]