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Cybersecurity firm CrowdStrike (CRWD) tops earnings and revenue estimates for its fourth quarter, posting adjusted EPS of $1.03 (vs. expectations of $0.86) and revenue of $1.06 billion (slightly beating estimates for $1.03 billion). The stock appears to be initially reacting negatively in Tuesday's after-hours trading on CrowdStrike's first quarter and full-year revenue guidance, both data points missing Wall Street consensus.
Julie Hyman and Josh Lipton break down the latest earnings print out from CrowdStrike this afternoon.
To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.
This post was written by Luke Carberry Mogan.
Let's get to CrowdStrike. That company's numbers just coming out in the past few moments here, and it's the forecast that is catching my attention. First quarter adjusted EPS, the company says will be 64 to 66 cents. Analysts, on average, have been looking for 96 cents. The shares are down about 6% at the moment. This is after the company's fourth quarter results looked pretty good here. Fourth quarter earnings per share, $1.06. That's above the 80, $1.03, excuse me, that's above the 86 cents that analysts had been anticipating. Fourth quarter revenue of 1.06 billion was also ahead of what analysts had been anticipating. And looking at the company's full-year numbers of what it's expecting for 2026, fiscal 2026 here, adjusted earnings per share of at most $3.45. That's well below estimates. Um, uh, it does look like that the company's revenue is roughly in line with estimates.
Yeah, I was heading into the print where analysts who cover this one, who were telling clients that they, this is a company, they argue it's still working through the lingering impacts of that global IT incident over the summer, Julie. Um, but I also did see analysts heading into the print were saying they, this is CrowdStrike should be facing easier comps ahead. Uh, some commentary from the execs too. I see the CFO talking about achieving fourth quarter results above all guided metrics, uh, says they have confidence in their ability to achieve their their target model by fiscal year 29, deliver long-term profitable growth. So trying to set a, uh, confident optimistic tone here. But at least initially, investors are disappointed, looks like.
And just one word about how the stock has done. It's, it has recovered quite a bit since last summer and the hack against CrowdStrike. So the shares were up about 24% over the past year. So coming into this report, they'd been fading that a little bit, but still higher over the 12-month period.
Down only 66% right now, after hours.
