Hold on to ya butts. UPWK's earnings report drops next week.

Upwork Inc (UPWK) is going to report earnings on July 27. Here's a few things you should know about before the report drops.

An EPS -$0.28 Normalized, -$0.35 GAAP is expected to be reported by Upwork Inc according to analyst consensus.

There are two primary things that UPWK bulls will be concerned with. The first is that the reported EPS beat the estimates of analysts. Stocks respond favorably to that news. The second is that the report outlines a positive growth story for the stock in the coming quarters.

Meanwhile, out of a dark cave, UPWK bears will lumber into the light. They'll want to hear that the company underperformed the analysts' estimates and is set to decline in coming quarters. The less rosy the report, the happier bears will be.

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, 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 July 19 shares of UPWK are trading at $21.2. Over the last 52-week period, the price is down -65.75%. A larger move here can mean investors will have a stronger bullish or bearish outlook on the stock.