$332 Million in Revenue Expected for Pure Storage in 4FQ18

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$331.83 Million in Sales Expected for Pure Storage Inc. This Quarter
Equities analysts expect Pure Storage Inc. to report sales of $331.83 million for the current quarter, according to Zacks. Six analysts have issued estimates for Pure Storage’s earnings, with the highest sales estimate coming in at $332.50 million and the lowest estimate coming in at $331.00 million. Pure Storage posted sales of $227.86 million in the same quarter last year, which indicates a positive year over year growth rate of 45.6%. The company is scheduled to announce its next earnings report after the market closes on Thursday, March 1st.
According to Zacks, analysts expect that Pure Storage will report full-year sales of $331.83 million for the current fiscal year. For the next fiscal year, analysts anticipate that the firm will report sales of $1.34 billion per share, with estimates ranging from $1.30 billion to $1.37 billion.