BUZZ-PREVIEW: CrowdStrike seen reporting higher rev, EPS in results due after the bell

CrowdStrike +0.66%
NASDAQ -1.59%

CrowdStrike

CRWD

428.99

+0.66%

NASDAQ

IXIC

22387.68

-1.59%

** Shares of CrowdStrike CRWD.O up 1.9% on Tues, with the cybersecurity co seen posting higher rev and EPS in its qrtrly results due after the closing bell

** Stock was bucking the broader trend in the mkt, with the Nasdaq .IXIC last down 0.9% on the day

** CRWD expected to post Q4 rev of $1.30 bln vs $1.06 bln in the yr-ago period, and adj EPS of $1.10, vs $1.03 a yr ago, per LSEG

** In December, the co forecast upbeat qtrly rev, citing momentum from growing adoption of its AI-driven tools

** Cybersecurity stocks, including CRWD, slid in late Feb after AI startup Anthropic launched a security tool, sparking concerns over new competition

** The 12-mo median PT on CRWD is $535; the stock was last at $392.23

** CRWD has underperformed YTD, falling 16.4% vs a roughly 3% fall for the Nasdaq in that period


Every question you ask will be answered
Scan the QR code to contact us
whatsapp
Also you can contact us via