* Dynatrace Inc reported quarterly adjusted earnings of 37 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 31 cents. The mean expectation of twenty nine analysts for the quarter was for earnings of 32 cents per share. Wall Street expected results to range from 32 cents to 33 cents per share.
* Revenue fell 94.8% to $18.32 million from a year ago; analysts expected $406.15 million.
* Dynatrace Inc's reported EPS for the quarter was 15 cents.
* The company reported quarterly net income of $44.01 million.
* Dynatrace Inc shares had risen by 5.6% this quarter and gained 3.3% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 0.1% in the last three months.
* In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 27 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the it services & consulting peer group is also "buy"
Wall Street's median 12-month price target for Dynatrace Inc is 60.00 This summary was machine generated from LSEG data November 7 at 02:42 p.m. UTC. 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 0.32 0.37 Beat
Jun. 30 2024 0.29 0.33 Beat
Jan. 1 0001 0.27 0.30 Beat
Dec. 31 2023 0.28 0.32 Beat
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