We're a few days out from SPLK's upcoming earnings report. Here's a recap of what's going on with the stock.

Splunk Inc (SPLK) is reporting earnings on Wednesday. Lets focus in on how the stock is performing.

Analysts are estimating Splunk Inc will report an EPS (earnings per share) of -$0.35, -$1.99 on a GAAP basis, on revenue of $747.83M.  Over the last 90 days, analysts have lowered estimates 16 times and raised them 13 times.

If you're a SPLK bull you'll want to hear that the company beat the analysts' estimates and is set to grow in coming quarters. Just as important as the earnings report, is the company's future.

When they're finished harrassing campers, chasing hikers, or Mauling Leonard DiCaprio in the Revenant, SPLK bears will be listening for news that the company underperformed the analysts' estimates. They'll also want to hear about a negative growth story that frames the company's future as one of deceleration or even decline in revenues over the following quarters.

Whether you're a bear or bull you'll want to be aware that occasionally a stock's price movement is caused by the analysts' estimates changing from the Q&A call with management, rather than from the earnings report itself. As you see more of these, you'll begin to notice patterns in the runup and rundown of the stock's price.

As of August 16 shares of SPLK are trading at $114.84. Over the last 52-week period, the price is down -34.99%. A larger move here can mean investors will have a stronger bullish or bearish outlook on the stock.