CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is expected to report third quarter earnings results, after market close, on Wednesday 2nd December 2020.
Analysts polled by Thomson Reuters anticipate third quarter revenue of $ 212.60 million.
Looking ahead, the full year income are expected at $ 0.06 per share on the revenues of $ 819.96 million.
The Company Outlook
Revenue for 3Q21 are expected in a range of $ 210.60 million ~ $ 215.00 million
Full Year 2021 topline are forecasted in a range of$ 809.10 million ~ $ 826.70 million, where as bottomline are predicted in a range of $ 0.02 ~ $ 0.08 per share
Click Here For More Historical Outlooks Of CrowdStrike Holdings, Inc.
Previous Quarter Performance
CrowdStrike Holdings, Inc. communicated income for the second quarter of $ 0.03 per share, from the revenue of $ 198.97 million. The quarterly revenues grew 84.04 percent compared with the same quarter last year. Wall street analysts are predicting, CRWD to report 2Q21 loss of $ 0.01 per share from revenue of $ 188.54 million. The bottom line results beat street analysts by $ 0.04 or 400.00 percent, at the same time, top line results outshined analysts by $ 10.43 million or 5.53 percent.
Stock Performance
Shares of CrowdStrike Holdings, Inc. traded low $ -5.78 or -3.77 percent on Tuesday, reaching $ 147.50 with volume of 4.13 million shares. CrowdStrike Holdings, Inc. has traded high as $ 154.00 and has cracked $ 145.67 on the downward trend
According to the previous trading day, closing price of $ 147.50, representing a 379.75 % increase from the 52 week low of $ 31.95 and a 1.11 % decrease over the 52 week high of $ 155.00.
The company has a market capital of $ 32.37 billion and is part of the Technology sector and Software – Infrastructure industry.
Recent Analyst recommendations
- On 30th November 2020, maintained by Needham & Company LLC at Buy rating, with $ 190.00 target price.
- On 11th November 2020, upgraded by Robert W. Baird to Outperform from Neutral rating.
- On 19th October 2020, maintained by Stifel Nicolaus at Buy rating, with $ 165.00 target price.
Conference Call
CrowdStrike Holdings, Inc. will be hosting a conference call at 5:00 PM eastern time on 2nd December 2020, to discuss its 3Q21 financial results with the investment community. The participants may dial, 409-937-8967 Toll Free, (United States), when prompted, enter passcode 1157826 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.crowdstrike.com
CrowdStrike Holdings, Inc. develops security solutions in the United States. It offers Falcon platform, a cloud based security solution that protects workloads across on-premise, virtualized, and cloud-based environments running on various endpoints, such as laptops, desktops, servers, virtual machines, and IoT devices.
