CrowdStrike To Report Earnings On Wednesday; Options Market Predicts Stock Decline
Portfolio Pulse from Lisa Levin
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is set to release its Q2 2024 financial results on August 30, 2023. The options market predicts a stock decline, with CrowdStrike trading about 2x its average daily put volume. Analysts expect the company to report quarterly earnings at 56 cents per share on revenue of $724.13 million.
August 29, 2023 | 12:32 pm
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CrowdStrike's stock is expected to decline according to the options market. The company is set to release its Q2 2024 financial results soon.
The options market is predicting a decline in CrowdStrike's stock, which indicates a bearish sentiment. This is likely due to the upcoming release of the company's Q2 2024 financial results. The company's stock traded about 2x its average daily put volume, which further supports the prediction of a stock decline.
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