CrowdStrike Holdings, Inc. (NASDAQ: CRWD) is scheduled to release second-quarter fiscal 2025 results on Jun 4.
For the second quarter, CrowdStrike projects total revenues between $958.3 million and $961.2 million. The Zacks Consensus Estimate for revenues is pegged at $958.7 million, which indicates growth of 31% from the year-ago quarter's level.
CrowdStrike anticipates non-GAAP earnings between 98 cents and 99 cents per share. The consensus mark for the bottom line has been revised a penny downward to 98 cents per share over the past 30 days and indicates 32.4% year-over-year growth.
Image Source: Zacks Investment Research
The company has consistently demonstrated impressive financial performance, underpinned by its subscription-based revenue model. Its earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 15.8%.
CrowdStrike Price and EPS Surprise
CrowdStrike price-eps-surprise | CrowdStrike Quote
As CrowdStrike approaches its second-quarter earnings announcement, let's see if it is the right time to invest in this stock.
Factors Shaping Upcoming Results
CrowdStrike's second-quarter results are likely to reflect the benefits of the continued solid demand for its products, given the healthy environment of the global security market. The increasing number of people logging into employers' networks has triggered a greater need for security and might have spurred the demand for CRWD's products in the fiscal second quarter. A strong pipeline of deals indicates the same.
Stellar revenue growth in subscriptions might have contributed significantly to the second-quarter top line. Further, the ...
