How did ESTC's Q4 2024 earnings surprise impact its stock?

Elastic's (ESTC) Q4 2024 earnings surprise had a significant positive impact on its stock. The company reported an EPS surprise of 55.26% for the quarter, which contributed to a post-market percentage change of -0.04% and a percentage change of 1.97% on the next day. Despite the slight post-market dip, the positive earnings surprise likely bolstered investor confidence, leading to a modest increase in the stock price the following day.

|code|Ticker|Name|Date|Post-Market Percentage Change|EPS Surprise|market_code|
|---|---|---|---|---|---|---|
|ESTC|ESTC.N|Elastic|20240331||0.14|169|
|ESTC|ESTC.N|Elastic|20240630||0.13|169|
|ESTC|ESTC.N|Elastic|20240930||0.05|169|
|ESTC|ESTC.N|Elastic|20241231|0|0.01|169|
|ESTC|ESTC.N|Elastic|20250102|-0.222||169|

|code|Ticker|Name|Date|Percentage Change|market_code|
|---|---|---|---|---|---|
|ESTC|ESTC.N|Elastic|20250102|0.0202|169|
|ESTC|ESTC.N|Elastic|20250103|2.3209|169|