CrowdStrike Holdings Inc. to Report Earnings
Expected Release Date: 06042024
CrowdStrike Holdings Inc. (CRWD), a provider of cloud-based endpoint and workload protection, is scheduled to report its financial results for the quarter ending March 31, 2023, on June 4, 2024, after the market closes.
Analysts are anticipating the company to report earnings per share (EPS) of $0.43 on revenue of $634.6 million for the quarter. This would represent a year-over-year increase of 50% in EPS and 32% in revenue.
In the previous quarter, CrowdStrike reported EPS of $0.30 on revenue of $569.5 million, beating analysts' estimates. The company has a history of exceeding expectations, having done so in each of the past eight quarters.
Investors will be closely watching CrowdStrike's financial results for any signs of continued growth and profitability. The company's cloud-based security platform is in high demand as organizations increasingly adopt hybrid and remote work models.
Following the earnings release, analysts will likely adjust their earnings estimates for CrowdStrike based on the company's performance and guidance. Investors should monitor the stock's price action and any subsequent analyst commentary for insights into the company's future prospects.
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