GitLab's earnings report is expected to show an EPS of -$0.14, which may not have a significant impact on the stock price. However, the company's past performance and current share price trend indicate a mixed outlook. The 23.86% drop in share price after beating EPS estimates last quarter suggests that the market may be more focused on guidance than earnings. Given the overall negative returns over the last 52 weeks, long-term shareholders may be bearish going into this earnings release.