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Pure Storage (PSTG) Stock Drops Despite Market Gains: Important Facts to Note
PSTGPure Storage(PSTG) ZACKS·2024-07-13 07:06

The investment community will be closely monitoring the performance of Pure Storage in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $0.38, reflecting a 11.76% increase from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $756.73 million, reflecting a 9.88% rise from the equivalent quarter last year. It is also worth noting that PSTG currently has a PEG ratio of 1.9. This popular metric is similar to th ...