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Benzinga
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GitLab Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. GTLB to report Q1 earnings on June 10 with 15 cents EPS estimate. 2. Projected revenue of $213.21 million, up from $169.19 million last year. 3. Recent earnings of 33 cents surpassed analyst expectations of 23 cents. 4. Several analysts cut price targets while maintaining positive ratings. 5. GTLB shares fell 0.3% to $48.64 recently.

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FAQ

Why Neutral?

The upcoming earnings report may not lead to significant price spikes as analysts adjusted targets downwards, indicating cautious sentiment. However, the report of substantial revenue growth and strong prior earnings could stabilize prices.

How important is it?

The article focuses on upcoming earnings, price target changes, and performance context that are critical for investors weighing GTLB stock.

Why Short Term?

The Q1 earnings announcement will provide immediate insights impacting investor confidence short-term, based on real-time performance evaluations.

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