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Seeking Clues to CrowdStrike (CRWD) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
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The upcoming report from CrowdStrike Holdings (CRWD - Free Report) is expected to reveal quarterly earnings of $0.89 per share, indicating an increase of 56.1% compared to the year-ago period. Analysts forecast revenues of $904.82 million, representing an increase of 30.7% year over year.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
In light of this perspective, let's dive into the average estimates of certain CrowdStrike metrics that are commonly tracked and forecasted by Wall Street analysts.
Based on the collective assessment of analysts, 'Revenue- Subscription' should arrive at $854.96 million. The estimate indicates a change of +31.3% from the prior-year quarter.
Analysts forecast 'Revenue- Professional services' to reach $49.61 million. The estimate indicates a change of +19.8% from the prior-year quarter.
It is projected by analysts that the 'Geographic Revenue- United States' will reach $615.85 million. The estimate points to a change of +29.7% from the year-ago quarter.
The average prediction of analysts places 'Annual recurring revenue (ARR)' at $3,631,696.00. The estimate compares to the year-ago value of $2,730,000.
The combined assessment of analysts suggests that 'Non-GAAP subscription gross profit' will likely reach $686.55 million. Compared to the current estimate, the company reported $521.62 million in the same quarter of the previous year.
Analysts predict that the 'Non-GAAP professional services gross profit' will reach $21.96 million. Compared to the present estimate, the company reported $18.91 million in the same quarter last year.
Analysts' assessment points toward 'GAAP professional services gross profit' reaching $16.62 million. The estimate compares to the year-ago value of $14.28 million.
The consensus among analysts is that 'GAAP subscription gross profit' will reach $670.88 million. The estimate is in contrast to the year-ago figure of $509.08 million.
CrowdStrike shares have witnessed a change of +18.3% in the past month, in contrast to the Zacks S&P 500 composite's +3.2% move. With a Zacks Rank #3 (Hold), CRWD is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Seeking Clues to CrowdStrike (CRWD) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
The upcoming report from CrowdStrike Holdings (CRWD - Free Report) is expected to reveal quarterly earnings of $0.89 per share, indicating an increase of 56.1% compared to the year-ago period. Analysts forecast revenues of $904.82 million, representing an increase of 30.7% year over year.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
In light of this perspective, let's dive into the average estimates of certain CrowdStrike metrics that are commonly tracked and forecasted by Wall Street analysts.
Based on the collective assessment of analysts, 'Revenue- Subscription' should arrive at $854.96 million. The estimate indicates a change of +31.3% from the prior-year quarter.
Analysts forecast 'Revenue- Professional services' to reach $49.61 million. The estimate indicates a change of +19.8% from the prior-year quarter.
It is projected by analysts that the 'Geographic Revenue- United States' will reach $615.85 million. The estimate points to a change of +29.7% from the year-ago quarter.
The average prediction of analysts places 'Annual recurring revenue (ARR)' at $3,631,696.00. The estimate compares to the year-ago value of $2,730,000.
The combined assessment of analysts suggests that 'Non-GAAP subscription gross profit' will likely reach $686.55 million. Compared to the current estimate, the company reported $521.62 million in the same quarter of the previous year.
Analysts predict that the 'Non-GAAP professional services gross profit' will reach $21.96 million. Compared to the present estimate, the company reported $18.91 million in the same quarter last year.
Analysts' assessment points toward 'GAAP professional services gross profit' reaching $16.62 million. The estimate compares to the year-ago value of $14.28 million.
The consensus among analysts is that 'GAAP subscription gross profit' will reach $670.88 million. The estimate is in contrast to the year-ago figure of $509.08 million.
View all Key Company Metrics for CrowdStrike here>>>
CrowdStrike shares have witnessed a change of +18.3% in the past month, in contrast to the Zacks S&P 500 composite's +3.2% move. With a Zacks Rank #3 (Hold), CRWD is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>