* Atlassian Corp is expected to show a rise in quarterly revenue when it reports results on April 25 for the period ending March 31 2024
* The San Francisco California-based company is expected to report a 19.9% increase in revenue to $1.097 billion from $915.45 million a year ago, according to the mean estimate from 23 analysts, based on LSEG data.The company's guidance on February 1 2024, for the period ended March 31, was for revenue between $1.09 billion and $1.11 billion.
* LSEG's mean analyst estimate for Atlassian Corp is for earnings of 62 cents per share.
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy," 12 "hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in the last three months.
* Wall Street's median 12-month price target for Atlassian Corp is $254.00, above its last closing price of $194.27.
The company's guidance on February 1 2024 for the period ended March 31 was for Earnings before Interest and Taxes between USD211.575 million and USD215.475 million.The company's guidance on February 1 2024 for the period ended March 31 was for gross profit margin of USD83.5%. Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.62 0.62 0.73 Beat 17.1
Sep. 30 2023 0.54 0.54 0.65 Beat 21.5
Jun. 30 2023 0.45 0.45 0.57 Beat 27.2
Mar. 31 2023 0.35 0.34 0.54 Beat 57
Dec. 0.31 0.31 0.45 Beat 43.8
31 2022
Sep. 30 2022 0.39 0.39 0.36 Missed -6.8
Jun. 30 2022 0.29 0.27 0.27 Met -0.7
Mar. 31 2022 0.32 0.32 0.47 Beat 48.2
This summary was machine generated April 23 at 22:15 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
Comments