Datadog Boosts FY24 Outlook - Update

RTTNews | 147 dias atrás
Datadog Boosts FY24 Outlook - Update

(RTTNews) - While reporting financial results for the second quarter on Thursday, Datadog, Inc. (DDOG) raised its adjusted earnings and revenue guidance for the full-year 2024. The company also provided outlook for the third quarter.

For the third quarter, the company expects adjusted earnings in a range of $0.38 to $0.40 per share on revenues between $660 million and $664 million.

On average, 36 analysts polled by Thomson Reuters expect the company to report earnings of $0.37 per share on revenues of $664.19 million for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to fiscal 2024, the company now projects adjusted earnings in a range of $1.62 to $1.66 per share on revenues between $2.62 billion and $2.63 billion.

Previously, the company expected adjusted earnings in the range of $1.51 to $1.57 per share on revenues between $2.59 billion and $2.61 billion.

The Street is looking for earnings of $1.58 per share on revenues of $2.61 billion for the year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Etiquetas: DDOG
read more
European Stocks Close First Trading Session Of New Year On Bright Note

European Stocks Close First Trading Session Of New Year On Bright Note

European stocks shrugged off early weakness and closed on a positive note on Thursday, the first trading session in 2025, despite data showing a sharp contraction in manufacturing activity in most of the major economies in the region in the month of December, persisting concerns on the geopolitical front.
RTTNews | 5 h 7 min atrás
U.S. Construction Spending Unexpectedly Flat In November

U.S. Construction Spending Unexpectedly Flat In November

With an uptick by spending on private construction offset by a dip in spending on public construction, the Commerce Department released a report on Thursday showing U.S. construction spending was virtually unchanged in the month of November. The Commerce Department construction spending crept up by less than a tenth of a percent to an annual rate of $2.153 trillion in November.
RTTNews | 7 h 43 min atrás
U.S. Weekly Jobless Claims Unexpectedly Dip To Eight-Month Low

U.S. Weekly Jobless Claims Unexpectedly Dip To Eight-Month Low

First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended December 28th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 211,000, a decrease of 9,000 from the previous week's revised level of 220,000.
RTTNews | 8 h 35 min atrás
UK Nationwide House Price Growth Tops Expectations

UK Nationwide House Price Growth Tops Expectations

UK house prices posted a faster-than-expected growth and ended 2024 on a strong footing, the Nationwide Building Society said Thursday. House prices grew 4.7 percent year-on-year in December, faster than the 3.7 percent increase in November and also stronger than economists' forecast of 3.8 percent gain.
RTTNews | 10 h 45 min atrás
FTSE Up Marginally In Cautious Trade After Weak Manufacturing Data

FTSE Up Marginally In Cautious Trade After Weak Manufacturing Data

After opening slightly up and advancing further, UK stocks pared gains Thursday morning and are mostly subdued a little before noon as investors react to data showing a sharp contraction in the nation's manufacturing activity in the month of December.
RTTNews | 11 h 25 min atrás
CAC Down 1 P.c. As Stocks Fall On Weak Manufacturing Data

CAC Down 1 P.c. As Stocks Fall On Weak Manufacturing Data

French stocks are down firmly in negative territory in late morning trades on Thursday, extending early losses after data showed a sharp decline in the nation's manufacturing activity in the month of December.
RTTNews | 12 h 7 min atrás