1 Unstoppable Artificial Intelligence (AI) Stock Down 40% to Buy Hand Over Fist, According to Wall Street
Exciting opportunities are emerging in the artificial intelligence space, beyond the popular stocks like Nvidia and Microsoft. Elastic N.V.
Elastic: Generative AI Opportunity Awaits
Elastic has strong growth potential in the coming year despite weakness in the software space. The company's search AI Lake and Cloud serverless offering will bring it to the next level and provide quick search in a cloud-native platform. Elastic's prudent guidance sets a 16% revenue growth for the coming fiscal year, with a focus on customer success for large organizations.
Elastic N.V. (ESTC) Q4 2024 Earnings Call Transcript
Elastic N.V. (NYSE:ESTC ) Q4 2024 Earnings Conference Call May 30, 2024 5:00 PM ET Company Participants Anthony Luscri - Vice President of Investor Relations Ashutosh Kulkarni - Chief Executive Officer Janesh Moorjani - Chief Financial Officer and Chief Operating Officer Conference Call Participants Matthew Hedberg - RBC Capital Markets Brent Thill - Jefferies Pinjalim Bora - J.P.
Here's What Key Metrics Tell Us About Elastic (ESTC) Q4 Earnings
While the top- and bottom-line numbers for Elastic (ESTC) give a sense of how the business performed in the quarter ended April 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Elastic (ESTC) Q4 Earnings and Revenues Top Estimates
Elastic (ESTC) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.22 per share a year ago.
Elastic Stock Gains As Earnings, Sales Beat Estimates
Elastic stock gained Thursday, after the data software company reported April-quarter earnings and sales that beat views.
How to Play Elastic (ESTC) Ahead of Its Q4 Earnings Results?
Elastic (ESTC) is expected to have seen a strong top line in fourth-quarter fiscal 2024. However, the bottom line is likely to have decreased.
Unveiling Elastic (ESTC) Q4 Outlook: Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Elastic (ESTC) for the quarter ended April 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
