CrowdStrike Shares Slip 5.9% After-Hours as Outlook Misses Estimates

Luzi Ann Santos wrote a column · Mar 5 05:44

$CrowdStrike (CRWD.US)$ shares declined 5.9% in extended trading Tuesday after the cybersecurity company's first quarter outlook disappointed Wall Street.

The company forecast adjusted earnings per share of between 64 cents and 66 cents. That's lower than the 96 cents expected by analysts, according to estimates compiled by Bloomberg. For the full 2026 fiscal year, it sees adjusted EPS of $3.33 to $3.45, also missing the average estimate that called for $4.43.

For the fiscal fourth quarter that ended Jan. 31, the company said revenue rose 25% to $1.06 billion from a year ago. That's above the average estimate. Adjusted EPS for the period reached $1.03, also exceeding market expectations.

“As businesses of all sizes rapidly adopt AI, stopping the breach necessitates cybersecurity’s AI-native platform," CrowdStrike’s Founder and CEO George Kurtz said. "We are seeing strong momentum in our Next-Gen SIEM, Cloud Security, and Identity Protection businesses, surpassing $1.3 billion in combined ending ARR."

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