On Thursday 29th August 2024, Elastic (NYSE: ESTC) will release its highly anticipated first quarter financial results. This important announcement is scheduled to occur after market close.
According to financial analysts on Wall Street, the enterprise is likely to announce an estimated per share $0.25 profit for the quarter. Additionally, the company is anticipated to reveal a total revenue of $344.69 million during this period.
The company's full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $1.48 billion. Further, they expect the earnings per share to achieve profit of $1.41 for the fiscal year.
During the same quarter of the previous year, the company's earnings report indicated a per-share income of $0.25 generated from the revenues of $293.75 million. .
In addition, The firm will review the first quarter financial results on 29th August 2024 at 05:00 PM eastern time, in a conference call with public.
Monday's trading saw Elastic (ESTC) shares hit a low of $107.02 and a high of $110.49, with a day volume of 674.10 thousand shares. The stock closed the regular trading session at $107.47, marking 1.71 percent rise.
