Pure Storage Inc <PSTG.N> expected to post earnings of 25 cents a share - Earnings Preview
Pure Storage Inc PSTG.N, PSTG.K is expected to show a rise in quarterly revenue when it reports results on May 28 for the period ending April 30 2025
The Santa Clara California-based company is expected to report a 11.1% increase in revenue to $770.231 million from $693.48 million a year ago, according to the mean estimate from 18 analysts, based on LSEG data.The company's guidance on February 26 2025, for the period ended April 30, was for revenue of $770.000 million.
LSEG's mean analyst estimate for Pure Storage Inc is for earnings of 25 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Pure Storage Inc is $70.00, above its last closing price of $55.44.
The company's guidance on February 26 2025 for the period ended April 30 was for Earnings before Interest and Taxes of USD80 million.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jan. 31 2025 | 0.43 | 0.41 | 0.45 | Beat | 8.5 |
Oct. 31 2025 | 0.43 | 0.42 | 0.50 | Beat | 19.7 |
Jul. 31 2024 | 0.38 | 0.37 | 0.44 | Beat | 18.9 |
Apr. 30 2024 | 0.22 | 0.21 | 0.32 | Beat | 50 |
Jan. 31 2024 | 0.45 | 0.44 | 0.50 | Beat | 14.7 |
Oct. 31 2023 | 0.41 | 0.40 | 0.50 | Beat | 25 |
Jul. 31 2023 | 0.28 | 0.28 | 0.34 | Beat | 22.5 |
Apr. 30 2023 | 0.04 | 0.04 | 0.08 | Beat | 114.6 |
This summary was machine generated May 26 at 23:02 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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