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CrowdStrike Soars 23%, Earnings Preview
Q4 and Fiscal Year 2024 Results Conference Call Scheduled
Earnings Release and Conference Call Details:
* **Earnings Release Date:** August 28, 2024 * **Time:** After market close * **Conference Call:** To discuss earnings results for Q4 and Fiscal Year 2024
CrowdStrike (CRWD) has outperformed the market significantly in recent months, rising 23%. As the company approaches its upcoming earnings release, analysts are forecasting a strong performance.
According to the consensus estimate, CrowdStrike is projected to report earnings per share (EPS) of $0.44 for Q4 2024. This represents a 15% increase year-over-year.
Revenue for the quarter is estimated to reach $610 million, reflecting a 32% growth rate compared to the same period last year.
For the full fiscal year 2024, analysts anticipate CrowdStrike to report EPS of $1.52 and revenue of $2.2 billion, representing increases of 17% and 29%, respectively.
Investors are eagerly awaiting the company's upcoming earnings release to assess its financial performance and growth prospects. The conference call will provide further insights into CrowdStrike's business operations and strategic initiatives.