For the quarter ended December 2024, Confluent reported revenue of $261.22 million, up 22.5% over the same period last year. EPS came in at $0.09, compared to $0.09 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $256.83 million, representing a surprise of +1.71%. The company delivered an EPS surprise of +80.00%, with the consensus EPS estimate being $0.05.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Confluent performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- Services: $10.58 million versus the nine-analyst average estimate of $10.66 million. The reported number represents a year-over-year change of +1.8%.
- Revenue- Subscription: $250.64 million compared to the $245.54 million average estimate based on nine analysts. The reported number represents a change of +23.6% year over year.
- Revenue- Confluent Cloud: $138 million compared to the $135.68 million average estimate based on six analysts. The reported number represents a change of +38% year over year.
View all Key Company Metrics for Confluent here>>>Shares of Confluent have returned +16.7% over the past month versus the Zacks S&P 500 composite's +4.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
View the Zacks #1 Rank List
Image: Bigstock
Compared to Estimates, Confluent (CFLT) Q4 Earnings: A Look at Key Metrics
For the quarter ended December 2024, Confluent reported revenue of $261.22 million, up 22.5% over the same period last year. EPS came in at $0.09, compared to $0.09 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $256.83 million, representing a surprise of +1.71%. The company delivered an EPS surprise of +80.00%, with the consensus EPS estimate being $0.05.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Confluent performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- Services: $10.58 million versus the nine-analyst average estimate of $10.66 million. The reported number represents a year-over-year change of +1.8%.
- Revenue- Subscription: $250.64 million compared to the $245.54 million average estimate based on nine analysts. The reported number represents a change of +23.6% year over year.
- Revenue- Confluent Cloud: $138 million compared to the $135.68 million average estimate based on six analysts. The reported number represents a change of +38% year over year.
View all Key Company Metrics for Confluent here>>>Shares of Confluent have returned +16.7% over the past month versus the Zacks S&P 500 composite's +4.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.