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Elastic (ESTC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ESTCElastic(ESTC) Zacks Investment Research·2024-03-01 00:01

Elastic (ESTC) reported 327.96millioninrevenueforthequarterendedJanuary2024,representingayear−over−yearincreaseof19.4327.96 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 0.17ayearago.Thereportedrevenuerepresentsasurpriseof+2.330.17 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 ...