We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Ahead of CyberArk (CYBR) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Read MoreHide Full Article
The upcoming report from CyberArk (CYBR - Free Report) is expected to reveal quarterly earnings of $0.27 per share, indicating an increase of 258.8% compared to the year-ago period. Analysts forecast revenues of $213.42 million, representing an increase of 32% year over year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Bearing this in mind, let's now explore the average estimates of specific CyberArk metrics that are commonly monitored and projected by Wall Street analysts.
The collective assessment of analysts points to an estimated 'Revenues- Maintenance and professional services' of $61.89 million. The estimate suggests a change of -4.9% year over year.
The consensus among analysts is that 'Revenues- Perpetual license' will reach $2.66 million. The estimate suggests a change of -31.4% year over year.
The consensus estimate for 'Revenues- Subcription' stands at $148.58 million. The estimate indicates a change of +60.2% from the prior-year quarter.
CyberArk shares have witnessed a change of -8.7% in the past month, in contrast to the Zacks S&P 500 composite's -2% move. With a Zacks Rank #1 (Strong Buy), CYBR is expected outperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Ahead of CyberArk (CYBR) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics
The upcoming report from CyberArk (CYBR - Free Report) is expected to reveal quarterly earnings of $0.27 per share, indicating an increase of 258.8% compared to the year-ago period. Analysts forecast revenues of $213.42 million, representing an increase of 32% year over year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Bearing this in mind, let's now explore the average estimates of specific CyberArk metrics that are commonly monitored and projected by Wall Street analysts.
The collective assessment of analysts points to an estimated 'Revenues- Maintenance and professional services' of $61.89 million. The estimate suggests a change of -4.9% year over year.
The consensus among analysts is that 'Revenues- Perpetual license' will reach $2.66 million. The estimate suggests a change of -31.4% year over year.
The consensus estimate for 'Revenues- Subcription' stands at $148.58 million. The estimate indicates a change of +60.2% from the prior-year quarter.
View all Key Company Metrics for CyberArk here>>>
CyberArk shares have witnessed a change of -8.7% in the past month, in contrast to the Zacks S&P 500 composite's -2% move. With a Zacks Rank #1 (Strong Buy), CYBR is expected outperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>