FMP
PagerDuty Shares Plunge 17% on Disappointing Guidance
Jun 3, 2023 12:08 AM - Davit Kirakosyan(Last modified: Dec 19, 2023 6:49 PM)
Image credit: FMP
PagerDuty (NYSE:PD) shares dropped more than 17% on Friday after the company reported Q1 earnings results. While EPS of $0.20 beat the estimates and revenue of $103.2 million was in line with expectations, the company’s outlook disappointed investors.
Q2/24 EPS is expected to be in the range of $0.10-$0.11, compared to the Street estimate of $0.09, and revenue in the range of $103.5-$105.5 million, compared to the Street estimate of $108.6 million.
For the full 2024 year, management sees EPS at $0.60-$0.65, compared to the Street’s $0.44, and revenue at $425-$430 million, compared to the Street’s $448.3 million.
Other Blogs
May 14, 2024 11:41 AM - Sanzhi Kobzhan
The easiest way to calculate stock’s target price and why the target price is important.
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 24, 2024 9:30 AM - Rajnish Katharotiya
How to Access and Analyze Earnings Call Transcripts
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...
May 27, 2024 3:30 PM - Rajnish Katharotiya
The best 5 GPU stocks other than NVDA
In the ever-evolving world of technology, certain sectors have consistently demonstrated exceptional growth and innovation. The graphics processing units (GPUs) industry is one such sector, offering investors a golden opportunity for potentially high returns. In this blog, we'll delve into why inves...
