Earnings Forecast Research on Pure Storage, Inc. (PSTG)

Pure Storage, Inc. has received $-0.24 as the consensus Earnings Estimate for the Quarter ending on Jan 2017 ,According to the estimate provided by 7 Financial Advisor in the Stock Trading Firms. Among 7 Analysts, Bottom line EPS Estimate for the current quarter is $-0.27 while the top line estimate is $-0.19 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 1.19%.

Pure Storage, Inc. reported better than expected with a surprise EPS of 20% or $0.06 during its most recent quarterly earnings. The Actual EPS was $-0.24 compared to the Estimated EPS of $-0.3.

In the last quarter, Pure Storage, Inc. reported Annual Earnings of $-0.24. Based on the filings, last years Annual Earnings was, $-2.45. In the last Quarter, PSTG reported a surprise Earnings per Share of 20% . The consensus estimate for current quarter is $-0.24 and for the current fiscal year, the estimate is $-1.11. For the Next fiscal year, the estimate is $-1.02 based on the consensus.

Pure Storage, Inc. (NYSE:PSTG) : On Tuesday heightened volatility was witnessed in Pure Storage, Inc. (NYSE:PSTG) which led to swings in the share price. The stock opened for trading at $11.29 and hit $11.39 on the upside , eventually ending the session at $11.37, with a gain of 0.8% or 0.09 points. The heightened volatility saw the trading volume jump to 1,428,927 shares. The 52-week high of the share price is $16.4 and the company has a market cap of $2,273 million. The 52-week low of the share price is at $9.62 .

Pure Storage, Inc. offers enterprise data storage platform. The companys storage platform provides Purity Operating Environment, a flash-optimized software; FlashArray, a modular and scalable all-flash array hardware and Pure1, a cloud-based management and support platform. It operates primarily in the United States, Europe and Asia. The company serves cloud-based software and service providers, consumer Web, education, energy, financial services, governments, healthcare, manufacturing, media, retail and telecommunications sectors. Pure Storage, Inc. is headquartered in Mountain View, California.

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