Elastic (ESTC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Elastic (ESTC) reported $327.96 million in revenue for the quarter ended January 2024, representing a year-over-year increase of 19.4%. EPS of $0.36 for the same period compares to $0.17 a year ago.The reported revenue represents a surprise of +2.33% over the Zacks Consensus Estimate of $320.48 million. With the consensus EPS estimate being $0.31, the EPS surprise was +16.13%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...