CrowdStrike Holdings Inc reports results for the quarter ended April 30 - Earnings Summary

• CrowdStrike Holdings Inc CRWD.OQ reported quarterly adjusted earnings of 73 cents​​ per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 93 cents. The mean expectation of forty one analysts for the quarter was for earnings of 65 cents per share. Wall Street expected results to range from 64 cents to 71 cents per share.

• Revenue rose 19.8% to $1.10 billion from a year ago; analysts expected $1.10 billion.

• CrowdStrike Holdings Inc's reported EPS for the quarter was a loss of 44 cents​.

• The company reported a quarterly loss of $110.21 million.

• CrowdStrike Holdings Inc shares had risen by 35.9% this quarter and gained 40.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 18.4% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 40 "strong buy" or "buy," 11 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy"

• Wall Street's median 12-month price target for CrowdStrike Holdings Inc is $420.00

This summary was machine generated from LSEG data June 3 at 09:00 p.m. UTC. ​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)