Jefferies Reiterates Buy Rating and $81 PT on Splunk (SPLK); Strong Q Results, Weak Guidance
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February 24, 2017 9:24 AM EST
Drexel Hamilton raised its price target on Splunk (NASDAQ: SPLK) to $93.00 (from $90.00) while maintaining a Buy rating. Splunk reported 4Q revenue of $306.5 million that beat the Street's $288.1 million and EPS of $0.25 exceeded the Street's $0.17.
Analyst Brian White commented, "Last night, Splunk... More
February 24, 2017 7:09 AM EST
Oppenheimer analyst, Shaul Eyal, reiterated his Outperform rating on shares of Splunk (NASDAQ: SPLK) after Splunk posted 4Q17 revenue of $306.5M, up 39% year/year and ahead of the consensus $288M view. EPS came in at $0.25, ahead of the consensus $0.17E.
The company continues to... More
February 23, 2017 4:06 PM EST
Splunk (NASDAQ: SPLK) reported Q4 EPS of $0.25, $0.08 better than the analyst estimate of $0.17. Revenue for the quarter came in at $306.5 million versus the consensus estimate of $288.22 million.
GUIDANCE:
Splunk sees Q1 2018 revenue of $231-233 million, versus the consensus of $241.42... More
