Wall Street analysts expect Pure Storage (PSTG) to post quarterly earnings of $0.41 per share in its upcoming report, which indicates a year-over-year increase of 32.3%. Revenues are expected to be $761.2 million, up 12.6% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 1.8% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.