Investors Are Eagerly Anticipating Confluent ($CFLT) Q3 2024 Earnings Report

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Brace yourselves for the unveiling of Confluent's (NASDAQ: CFLT) third quarter financial results on Wednesday 30th October 2024. This eagerly awaited announcement will take place after market close.

It appears that the enterprise is on the verge of revealing their estimated $0.05 profit per share for the quarter, as well as their total revenue of $244.77 million for this specific period, according to financial experts on Wall Street.

Examining the corresponding quarter from the previous year, the company's earnings report unveiled a income of $0.02 per share. This number was attributed to the company's total revenue, which settled at an impressive $200.18 million during the same period.

Financial analysts have shared their forecasts for the company's annual performance, indicating their belief that the company will achieve a total revenue of $953.88 million. Additionally, they predict that the earnings per share for the company will hit profit of $0.21 by the end of the fiscal year.

 

CFLT has scheduled a conference call on 30th October 2024 at 04:30 PM eastern time to discuss the third quarter financial results and other related information.

The previous trading day saw Confluent (CFLT) shares trading between $22.51 and $23.11, besides a volume of 2.55 million shares. The stock closed Monday's regular trading session at $22.60, demonstrating 0.31 percent increase.