Earnings Forecasts Impacting Okta, GitLab and More

Earnings Forecasts Reveal Mixed Results. Companies like Okta and GitLab are facing declines in EPS expectations, while ADMA and Dave show impressive increases. Investors should brace for potential stock price fluctuations based on these outcomes.

Date: 04-03-2025

AI Rating: 5

Earnings Per Share (EPS)
Several companies are set to report their earnings, with mixed predictions influencing potential stock performance. Okta, Inc. is anticipated to report an EPS of $0.16, a notable improvement from last year's -$0.14, marking a significant recovery potential. However, GitLab Inc. forecasts a drop in EPS to -$0.06 from -$0.12, indicating continued struggles.

Conversely, ADMA Biologics Inc is projected to enhance its EPS to $0.15 this upcoming quarter, up from $0.04 a year ago, a remarkable increase of 275.00%. Similarly, Dave Inc. is forecasted to achieve an EPS of $0.50, a drastic rise from $0.03 last year, reflecting an astonishing 1566.67% increase.

Another company, Heidrick & Struggles International, Inc., is expected to see a decrease to $0.63 from $0.72, indicating a slide in performance with a -12.50% change. Repay Holdings Corporation also anticipates a decline in EPS to $0.19 from $0.21, a -9.52% decrease.

Some companies like GigaCloud Technology Inc and Quantum-Si Incorporated show increases, with GigaCloud's EPS forecast at $0.90 compared to last year's $0.87 (a 3.45% improvement) and Quantum-Si's increase projected at -0.18 from -0.16, signifying a 12.50% lift.

Overall, the mixed earnings forecasts across these companies represent a range of potential outcomes that could influence investor sentiment and drive stock price fluctuations significantly in the near term. The variance between high increases in certain firms versus declines in others illustrates a pivotal earnings season ahead.

Stocks: OKTA GTLB ADMA DAVE HSII RPAY GCT DSP TDUP JRVR QSI BDSX