share_log

Insights Ahead: Okta's Quarterly Earnings

Benzinga ·  Dec 2 22:00

Okta(NASDAQ:OKTA) is set to give its latest quarterly earnings report on Tuesday, 2024-12-03. Here's what investors need to know before the announcement.

Analysts estimate that Okta will report anearnings per share(EPS) of $0.58.

Anticipation surrounds Okta's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Historical Earnings Performance

During the last quarter, the company reported an EPS beat by $0.11, leading to a 17.64% drop in the share price on the subsequent...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment