Exploring Analyst Estimates for Elastic (ESTC) Q2 Earnings, Beyond Revenue and EPS

The upcoming report from Elastic (ESTC) is expected to reveal quarterly earnings of $0.58 per share, indicating a decline of 1.7% compared to the year-ago period. Analysts forecast revenues of $418.13 million, representing an increase of 14.4% year over year.Over the last 30 days, there has been a downward revision of 37.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course o ...