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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

Pure Storage (PSTG) Earnings Date, Estimates & Call Transcripts

$49.46
-2.36 (-4.55%)
(As of 04/19/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 29Estimated
Actual EPS
(Feb. 28)
$0.27 Beat By $0.10
Consensus EPS
(Feb. 28)
$0.17
Skip Charts & View Estimated and Actual Earnings Data

PSTG Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

PSTG Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Pure Storage Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20244($0.18)($0.04)($0.12) 
Q2 20244($0.04)$0.04($0.02) 
Q3 20244($0.01)$0.10$0.05 
Q4 20244$0.11$0.20$0.17 
FY 202416($0.12)$0.30$0.09 
Q1 20251($0.04)($0.04)($0.04) 
Q2 20252$0.07$0.08$0.08 
Q3 20251$0.17$0.17$0.17 
Q4 20252$0.18$0.28$0.23 
FY 20256$0.38$0.49$0.44 
Q1 20261$0.04$0.04$0.04 
Q2 20261$0.12$0.12$0.12 
Q3 20261$0.19$0.19$0.19 
Q4 20261$0.21$0.21$0.21 
FY 20264$0.56$0.56 $0.56

PSTG Earnings Date and Information

Pure Storage last released its earnings results on February 28th, 2024. The technology company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.10. The firm earned $789.81 million during the quarter, compared to the consensus estimate of $784.31 million. Its revenue was down 2.5% on a year-over-year basis. Pure Storage has generated $0.17 earnings per share over the last year ($0.17 diluted earnings per share) and currently has a price-to-earnings ratio of 291.0. Earnings for Pure Storage are expected to grow by 43.18% in the coming year, from $0.44 to $0.63 per share. Pure Storage has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, May 29th, 2024 based off prior year's report dates.

Pure Storage Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/29/2024
Estimated)
------- 
2/28/2024Q4 2024$0.17$0.27+$0.10$0.34$784.31 million$789.81 million    
11/29/2023Q3 2024$0.40$0.50+$0.10$0.25$761.49 million$762.80 million    
8/30/2023Q2 2024$0.01$0.05+$0.04$0.12$681.27 million$688.67 million
5/31/2023Q1 2024($0.21)($0.17)+$0.04($0.12)$560.83 million$589.31 million
3/1/2023Q4 2023$0.10$0.27+$0.17$0.32$811.30 million$810.21 million    
11/30/2022Q3 2023($0.01)$0.08+$0.09$0.16$671.84 million$676.05 million
8/31/2022Q2 2023($0.05)$0.05+$0.10$0.07$636.06 million$646.80 million    
6/1/2022Q1 2023($0.23)$0.01+$0.24$0.06$521.81 million$620.41 million    
3/2/2022Q4 2022$0.01$0.16+$0.15$0.27$630.93 million$708.57 million    
11/23/2021Q4 2021$0.12$0.22+$0.10$0.04$530.66 million$562.74 million    
8/24/2021Q3 2021$0.05$0.14+$0.09$0.04$471.56 million$496.80 million    
5/26/2021Q2 2021($0.28)($0.22)+$0.06($0.14)$406.27 million$412.71 million  

Pure Storage Earnings - Frequently Asked Questions

When is Pure Storage's earnings date?

Pure Storage has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, May 29th, 2024 based off last year's report dates. Learn more on PSTG's earnings history.

Did Pure Storage beat their earnings estimates last quarter?

In the previous quarter, Pure Storage (NYSE:PSTG) reported $0.27 earnings per share (EPS) to beat the analysts' consensus estimate of $0.17 by $0.10. Learn more on analysts' earnings estimate vs. PSTG's actual earnings.

How can I listen to Pure Storage's earnings conference call?

The conference call for Pure Storage's latest earnings report can be listened to online. Listen to Conference Call

How can I read Pure Storage's conference call transcript?

The conference call transcript for Pure Storage's latest earnings report can be read online. Read Transcript

How much revenue does Pure Storage generate each year?

Pure Storage (NYSE:PSTG) has a recorded annual revenue of $2.83 billion.

How much profit does Pure Storage generate each year?

Pure Storage (NYSE:PSTG) has a recorded net income of $61.31 million. PSTG has generated $0.17 earnings per share over the last four quarters.

What is Pure Storage's price-to-earnings ratio?

Pure Storage (NYSE:PSTG) has a trailing price-to-earnings ratio of 290.96 and a forward price-to-earnings ratio of 112.41. The price/earnings-to-growth ratio is 6.79.

What is Pure Storage's EPS forecast for next year?

Pure Storage's earnings are expected to grow from $0.44 per share to $0.63 per share in the next year, which is a 43.18% increase.


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This page (NYSE:PSTG) was last updated on 4/20/2024 by MarketBeat.com Staff

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