Dynatrace, Inc reports results for the quarter ended September 30 - Earnings Summary

• Dynatrace, Inc DT.N reported quarterly adjusted earnings of 54 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 44 cents. The mean expectation of thirty four analysts for the quarter was for earnings of 49 cents per share. Wall Street expected results to range from 48 cents to 51 cents per share.

• Revenue rose 17.4% to $579.92 million from a year ago; analysts expected $567.80 million.

• Dynatrace, Inc's reported EPS for the quarter was 23 cents​.

• The company reported quarterly net income of $67.76 million.

• Dynatrace, Inc shares had fallen by 4.5% this quarter and gained 27.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.9% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 29 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy"

• Wall Street's median 12-month price target for Dynatrace, Inc is $65.00, about 15.2% above its last closing price of $55.13

This summary was machine generated from LSEG data November 3 at 02:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)