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Stock impact report

Why Pure Storage (PSTG) Dipped More Than Broader Market Today [Yahoo! Finance]

Pure Storage, Inc. Class A (PSTG) 
Last pure storage, inc. class a earnings: 2/27 04:02 pm Check Earnings Report
US:NYSE Investor Relations: investor.purestorage.com
Company Research Source: Yahoo! Finance
On the other hand, the Dow registered a loss of 0.37%, and the technology-centric Nasdaq decreased by 0.94%. The data storage company's shares have seen an increase of 8.36% over the last month, surpassing the Computer and Technology sector's gain of 1.51% and the S&P 500's gain of 0.89%. The investment community will be paying close attention to the earnings performance of Pure Storage in its upcoming release. The company is expected to report EPS of $0.65, up 44.44% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $1.03 billion, showing a 17.27% escalation compared to the year-ago quarter. PSTG's full-year Zacks Consensus Estimates are calling for earnings of $1.95 per share and revenue of $3.63 billion. These results would represent year-over-year changes of +15.38% and +14.73%, respectively. Investors should also note any recent changes to analyst estimates for Pure Storage. These latest adjustments often mirror the shift Show less Read more
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