Okta (OKTA) closed the newest buying and selling day at $129.96, shifting -0.28% from the earlier b
Okta (OKTA) closed the newest buying and selling day at $129.96, shifting -0.28% from the earlier buying and selling session. This transfer lagged the S&P 500’s day by day acquire of 0.42%. On the similar time, the Dow added 0.15%, and the tech-heavy Nasdaq gained 0.66%.
Coming into at this time, shares of the cloud id administration firm had gained 21.27% up to now month. In that very same time, the Laptop and Expertise sector gained 4.8%, whereas the S&P 500 gained 4.09%.
Wall Road will probably be on the lookout for positivity from OKTA because it approaches its subsequent earnings report date. That is anticipated to be December 5, 2019. The corporate is anticipated to report EPS of -$0.12, down 200% from the prior-year quarter. In the meantime, the Zacks Consensus Estimate for income is projecting internet gross sales of $143.42 million, up 35.84% from the year-ago interval.
Wanting on the full yr, our Zacks Consensus Estimates counsel analysts predict earnings of -$0.43 per share and income of $561.58 million. These totals would mark modifications of -34.38% and +40.66%, respectively, from final yr.
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