CrowdStrike (CRWD) Q3 Earnings: What To Expect | CrowdStrike Valuation Has Downside Risk Ahead Of…

Explore the latest developments concerning CrowdStrike (CRWD) Q3.

CrowdStrike (CRWD) Q3 Earnings: What To Expect

Cybersecurity platform provider CrowdStrike (NASDAQ:CRWD) will be announcing earnings results tomorrow after market close. Here’s what you need to know.

CrowdStrike beat analysts’ revenue expectations by 1.7% last quarter, reporting revenues of $1.17 billion, up 21.3% year on year. It was a strong quarter for the company, with an impressive beat of analysts’ EBITDA estimates and full-year EPS guidance exceeding analysts’ expectations.

Is CrowdStrike a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting CrowdStrike’s revenue to grow 20.3% year on year to $1.22 billion, slowing from the 28.5% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.94 per share.

CrowdStrike Valuation Has Downside Risk Ahead Of Earnings (NASDAQ:CRWD)

CrowdStrike Holdings, Inc. (CRWD) releases its latest earnings on Tuesday, but recent financial trends pose a risk for the elevated valuation.

CrowdStrike Holdings, founded in 2011, is an American cybersecurity company based in Austin, Texas. The

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Short position through short-selling of the stock, or purchase of put options or similar derivatives in CRWD over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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For more detailed information, explore updates concerning CrowdStrike (CRWD) Q3.

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