@4headtrade's post on eToro.com
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🔔Mid Day Trading Update🔔
📅Friday 3/6/2022📅
🟢Bullish Activity🟢
$OKTA
The digital identity company reported a Q1 loss of $0.27 per share $0.07 beat on revenue that increased 65.3% YOY to $414.94M above the $388.77M consensus. The company forecasts upside guidance as the Q2 loss per share is expected to be $0.31-0.32 on Q2 revenue that is expected to come in a range of $428-430M versus the respective $0.34 and $422.87M consensus. The June 3rd 110.00 call being the highest volume contract.
$RH
The home furnishings retailer reported Q1 earnings of $7.78 per share $2.45 beat on revenue that rose 11.2% YOY to $957M above the $924.76M consensus as adjusted gross margin increased 480 basis points YOY to 52.1%. The company forecasts downside guidance as Q2 revenue is expected to decline 1-3% around $959.3-979.1M versus the $1.04B consensus, while fiscal-year 2023 revenue is expected to be flat to up 2% around $3.759-3.834B versus the $3.99B consensus. The June 3rd 320.00 call being the
