Atlas
Atlassian Company PLC (TEAM) closed at $146.82 within the newest buying and selling session, marking a +1.28% transfer from the prior day. This transformation lagged the S&P 500’s 3.25% achieve on the day. On the similar time, the Dow added 3.84%, and the tech-heavy Nasdaq gained 3.06%.
Coming into at this time, shares of the corporate had misplaced 3.09% previously month. In that very same time, the Pc and Know-how sector misplaced 8.18%, whereas the S&P 500 misplaced 9.87%.
TEAM might be seeking to show power because it nears its subsequent earnings launch. The corporate is anticipated to report EPS of $0.20, down 4.76% from the prior-year quarter. In the meantime, the Zacks Consensus Estimate for income is projecting internet gross sales of $397.42 million, up 28.5% from the year-ago interval.
TEAM’s full-year Zacks Consensus Estimates are calling for earnings of $1.07 per share and income of $1.60 billion. These outcomes would symbolize year-over-year adjustments of +24.42% and +31.86%, respectively.
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