Market Overview

Preview: Splunk's Earnings

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On Wednesday, August 26, Splunk (NASDAQ: SPLK) will release its latest earnings report. Benzinga's outlook for Splunk is included in the following report.

Earnings and Revenue

Sell-side analysts are expecting Splunk's loss per share to be near $0.33 on sales of $522.60 million. In the same quarter last year, Splunk posted EPS of $0.3 on sales of $516.56 million. If the company were to report inline earnings when it publishes results Wednesday, earnings would be down 210.0%.

Here's how the company's EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate -0.57 0.96 0.54 0.12
EPS Actual -0.56 0.96 0.58 0.30
Revenue Estimate 442.85 M 783.19 M 604.24 M 488.35 M
Revenue Actual 434.08 M 791.18 M 626.34 M 516.56 M

Stock Performance

Over the last 52-week period, shares are up 83.18%.

Considering these returns, shareholders will likely be feeling neutral going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Splunk is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/d4jutkgm

 

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Posted-In: Earnings