For the quarter ended December 2024, Datadog (DDOG) reported income of $737.73 million, up 25.1% over the identical interval final 12 months. EPS got here in at $0.49, in comparison with $0.44 within the year-ago quarter.
The reported income represents a shock of +3.67% over the Zacks Consensus Estimate of $711.65 million. With the consensus EPS estimate being $0.43, the EPS shock was +13.95%.
Whereas traders intently watch year-over-year modifications in headline numbers — income and earnings — and the way they examine to Wall Road expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
Since these metrics play an important function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher undertaking a inventory’s value efficiency.
Right here is how Datadog carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:
- Prospects >$100k in ARR: 3,610 versus the four-analyst common estimate of three,584.
- Remaining Efficiency Obligations: $2.27 billion in comparison with the $2.16 billion common estimate primarily based on three analysts.
- Prospects: 30,000 in comparison with the 29,846 common estimate primarily based on three analysts.
View all Key Company Metrics for Datadog here>>>
Shares of Datadog have returned -8% over the previous month versus the Zacks S&P 500 composite’s +2.6% change. The inventory at present has a Zacks Rank #3 (Maintain), indicating that it may carry out according to the broader market within the close to time period.
5 Shares Set to Double
Every was handpicked by a Zacks skilled because the #1 favourite inventory to realize +100% or extra in 2024. Whereas not all picks may be winners, earlier suggestions have soared +143.0%, +175.9%, +498.3% and +673.0%.
Many of the shares on this report are flying underneath Wall Road radar, which supplies an awesome alternative to get in on the bottom flooring.
Today, See These 5 Potential Home Runs >>
Datadog, Inc. (DDOG) : Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.
