Asana (NYSE:ASAN) is set to report earnings after the bell on Tuesday. Last quarter, the company beat revenue expectations by 2%, reporting $196.9 million, up 9.9% year on year. Asana added 709 enterprise customers paying over $5,000 annually, reaching a total of 25,006 customers. Analysts expect revenue to grow 8.1% year on year to $198.8 million this quarter, with adjusted earnings of $0.06 per share. Asana has a history of exceeding Wall Street’s expectations, beating revenue estimates every time over the past two years by 1.5% on average. Some peers in the productivity software segment have already reported Q3 results, with mixed reactions from the market. Asana is down 8.2% over the last month, heading into earnings with an average analyst price target of $16.11.

Potential tariffs have caused market uncertainty in 2025 after the euphoria surrounding Trump’s election win. Productivity software stocks have generally underperformed, with share prices down 4.8% on average over the last month. Asana is down 8.2% during the same period. StockStory is hiring equity analyst and marketing roles.

Read more at Barchart: Asana (ASAN) Q3 Earnings Report Preview: What To Look For