Elastic (ESTC) Q4 Earnings and Revenues Surpass Estimates

Group 1: Earnings Performance - Elastic reported quarterly earnings of $0.47 per share, exceeding the Zacks Consensus Estimate of $0.37 per share, and up from $0.21 per share a year ago, representing an earnings surprise of 27.03% [1] - The company posted revenues of $388.43 million for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 2.20%, compared to year-ago revenues of $335 million [2] - Over the last four quarters, Elastic has consistently surpassed consensus EPS estimates and revenue estimates [2] Group 2: Stock Performance and Outlook - Elastic shares have declined approximately 6.8% since the beginning of the year, while the S&P 500 has gained 0.1% [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the earnings outlook [4][6] - The current consensus EPS estimate for the upcoming quarter is $0.43 on revenues of $393.05 million, and for the current fiscal year, it is $2.11 on revenues of $1.67 billion [7] Group 3: Industry Context - The Internet - Software industry, to which Elastic belongs, is currently ranked in the top 24% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Elastic's stock performance [5]