Earnings Preview : Q2 2025 Is Gearing Up To Be A Decisive Quarter For Pure Storage ($PSTG)

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On Wednesday 28th August 2024, investors and market participants can expect the release of Pure Storage (NYSE: PSTG) second quarter financial results. This crucial announcement will be made after market close.

It appears that the company is on the verge of revealing their estimated $0.37 profit per share for the quarter, as well as their total revenue of $755.08 million for this specific period, according to financial experts on Wall Street.

The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $3.13 billion. Additionally, they are expecting the company to achieve a per share profit of $1.6 for the fiscal year 2025.

The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.34. This figure was a result of the company's total revenue, which reached an impressive $688.67 million million during that specific period.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Q1 2025 $0.32 +300.0% 693.48 M +17.7%
Q4 2024 $0.50 -5.7% 789.81 M -2.5%
Q3 2024 $0.50 +61.3% 762.84 M +12.8%
Q2 2024 $0.34 +6.3% 688.67 M +6.5%

*Growth on year-over-year basis

PSTG has scheduled a conference call on 28th August 2024 at 05:00 PM eastern time to discuss the second quarter financial results and other related information.

Pure Storage (PSTG) closed Friday's regular trading session at $61.56, showing a 1.00 percent gain. During the day, PSTG shares traded between $61.12 and $62.64, with a day volume of 2.38 million shares.