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Splunk Inc reports results for the quarter ended in October - Earnings Summary



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  • Splunk Inc SPLK.OQ reported quarterly adjusted earnings of $1.52​​ per share for the quarter ended in October, higher than the same quarter last year, when the company reported EPS of 83 cents. The mean expectation of thirty analysts for the quarter was for earnings of $1.14 per share. Wall Street expected results to range from 94 cents to $1.30 per share.

  • Revenue rose 14.8% to $1.07 billion from a year ago; analysts expected $1.03 billion.

  • Splunk Inc's reported EPS for the quarter was 55 cents​.

  • The company reported quarterly net income of $96.85 million.

  • Splunk Inc shares had risen by 3.7% this quarter and gained 76.1% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 2% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy," 27 "hold" and no "sell" or "strong sell."

  • Wall Street's median 12-month price target for Splunk Inc is $157.00

This summary was machine generated from LSEG data November 28 at 10:00 p.m. UTC. ​All figures in US dollars unless otherwise stated.

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Oct. 31 2023

1.14

1.52

Beat

Jul. 31 2023

0.45

0.71

Beat

Apr. 30 2023

-0.13

0.18

Beat

Jan. 31 2023

1.15

2.04

Beat

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