
Bitcoin development company Strategy (NASDAQ: MSTR) will be reporting results this Tuesday after market close. Here’s what to expect.
Strategy beat analysts’ revenue expectations last quarter, reporting revenues of $123 million, up 1.9% year on year. It was a satisfactory quarter for the company, with a solid beat of analysts’ billings estimates but a miss of analysts’ EBITDA estimates.
Is Strategy a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, the market is expecting Strategy’s revenue to grow 9.8% year on year, a reversal from the 3.6% decrease it recorded in the same quarter last year.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Strategy has missed Wall Street’s revenue estimates multiple times over the last two years.
Looking at Strategy’s peers in the data and analytics software segment, only Commvault has reported results so far. It exceeded analysts’ revenue estimates, delivering year-on-year sales growth of 13.3%. The stock traded up 14.4% on the results.
Read our full analysis of Commvault’s earnings results here.There has been positive sentiment among investors in the data and analytics software segment, with share prices up 8.7% on average over the last month. Strategy is up 38.3% during the same time and is heading into earnings with an average analyst price target of $373.36 (compared to the current share price of $176.72).
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