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Countdown to Earnings: Synopsys, Snowflake, and Okta Take the Stage

  • November 25th, 2023
  • 425 views

On Wednesday, November 29, several prominent companies are poised to unveil their financial performance, including:

Synopsys, Inc. (Nasdaq: SNPS), a leading technology company, will unveil its results for the fourth quarter and fiscal year 2023 after the market closes.

Analysts anticipate earnings per share (EPS) of $3.04 on revenue amounting to $1.58 billion. 

On Friday, $SNPS closed at $542.69, up $1.66 (+0.31%).

Snowflake Inc. (NYSE: SNOW), a notable player in the data management industry, is scheduled to release its financial results for the third quarter of fiscal year 2024 after the U.S. markets close. 

The consensus estimate suggests an EPS of $0.16, with revenue projected at $713.06 million. 

$SNOW closed at $171.16 on Friday, reflecting a gain of $2.24 (+1.33%).

Okta, Inc. (Nasdaq: OKTA), a key player in identity management solutions, will disclose its third-quarter fiscal-year 2024 financial results after the U.S. market close. 

Analysts forecast an EPS of $0.30, accompanied by revenue totaling $563.14 million. 

On Friday, $OKTA closed at $73.25, showing an increase of $1.32 (+1.84%).

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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