Elastic (ESTC) Expected to Beat Earnings Estimates: Should You Buy?

Core Viewpoint - Elastic (ESTC) is anticipated to report a year-over-year decline in earnings despite an increase in revenues for the quarter ending October 2025, with the actual results being a significant factor influencing its near-term stock price [1][2]. Earnings Expectations - The consensus estimate for Elastic's upcoming quarterly earnings is $0.58 per share, reflecting a year-over-year decrease of 1.7%. Revenues are projected to reach $418.13 million, representing a 14.4% increase compared to the same quarter last year [3]. Estimate Revisions - Over the past 30 days, the consensus EPS estimate has been revised downwards by 37.5%, indicating a reassessment by analysts regarding the company's earnings outlook [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that Elastic has a positive Earnings ESP of +0.52%, suggesting that analysts have recently become more optimistic about the company's earnings prospects [12]. Historical Performance - In the last reported quarter, Elastic exceeded the expected earnings of $0.42 per share by delivering $0.60, resulting in a surprise of +42.86%. The company has beaten consensus EPS estimates in all of the last four quarters [13][14]. Investment Considerations - While Elastic is viewed as a strong candidate for an earnings beat, investors are advised to consider other factors that may influence stock performance beyond just earnings results [15][17].