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Elastic EPS beats by $0.07, beats on revenue

Dec. 01, 2021 4:09 PM ETElastic N.V. (ESTC)By: Urvi Shah, SA News Editor20 Comments
  • Elastic (NYSE:ESTC): Q2 Non-GAAP EPS of -$0.09 beats by $0.07; GAAP EPS of -$0.51 misses by $0.05.
  • Revenue of $206M (+42.2% Y/Y) beats by $11.43M.
  • Press Release

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Comments (20)

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b
No matter if it is growth stock or zucchini incorporated, please start using stop loss when you buy a stock. It will save your future financial self from these market swoons. You can also learn about trailing stops on the stocks, learn about them and start using them on stocks that have appreciated the most.
One way is to have stop loss when stock crosses 5 or 20 day exponential moving average. AND learn not to ever change your stop lower.
ESTC crossed 20 exp MA on 11/19 and you would have sold your stock 174.02. Then only buy it back if it stays above 5 day exponential moving average for three days and is above the 200 simple MA.
I hope this helps someone!
R
@bihmurdoch then what, if your stop is triggered and next you know the stock is above your stop do you chase? Stay put? Restop? Repeat?

Yes trailing stop on a big gain is a good strategy so is just reducing your position and taking profits.
h
cloud stocks in a bear market now. most down -20% from highs. the first real bear market outside of the covid drop.
b
have to sell half tomorrow to book my 100%, earning is OK, I am afraid this will be under pressure for the next few months.
Confoundedinterest profile picture
Beat, raise, donkey punch, repeat for all growth stocks currently.
r
@Confoundedinterest
The way CRM stock moved down today, no hope for others.
M
@Confoundedinterest Yeah no shit, they're all pretty expensive. Doubled, tripled, quadrupled in price last year, many of them. Skipped in valuation straight to 2024-25, and now they drop no matter what.
R
@Confoundedinterest now that the fed has stopped using the term “transitory” the inflation genie is out.
n
Why this big drop after hour, can some explain !!

Numbers look good to me
t
@nickthepic Guiding pretty flat revenue for remainder of FY22.
Confoundedinterest profile picture
@tkarl fy 22 ends in q4 for them, guidance for 23 given next q
R
@tkarl They improved forecast for full year revenue and earnings.
El Financeiro profile picture
Great numbers. But getting crushed in AH.
r
@El Financeiro
where are you checking AH prices?
El Financeiro profile picture
@ritholtz47 yahoo finance. As well my TD account price right now is $124. Down 10%. Oh well.
r
@El Financeiro
Thanks. i have watch list in Schwab. It doesn't update with AH prices. i have to check for each sticker in ordering page.
S
Awesome!
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