Atlassian (TEAM) reported $1.29 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 21.4%. EPS of $0.96 for the same period compares to $0.73 a year ago.

The reported revenue represents a surprise of +4.12% over the Zacks Consensus Estimate of $1.24 billion. With the consensus EPS estimate being $0.73, the EPS surprise was +31.51%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Atlassian performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

View all Key Company Metrics for Atlassian here>>>

Shares of Atlassian have returned +11.5% over the past month versus the Zacks S&P 500 composite's +1.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Atlassian Corporation PLC (TEAM) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research