Analysts Estimate Stevanato Group (STVN) to Report a Decline in Earnings: What to Look Out for

Core Viewpoint - Stevanato Group (STVN) is anticipated to report a year-over-year decline in earnings and revenues for the quarter ended June 2024, which could significantly impact its stock price depending on the actual results compared to expectations [2][12]. Financial Performance Expectations - The expected quarterly earnings for Stevanato are $0.10 per share, reflecting a year-over-year decrease of 33.3% [3]. - Revenues are projected to be $274.59 million, down 1.2% from the same quarter last year [4]. Analyst Sentiment and Estimates - The Most Accurate Estimate for Stevanato is lower than the Zacks Consensus Estimate, indicating a bearish outlook from analysts, resulting in an Earnings ESP of -2.44% [8]. - Over the last 30 days, the consensus EPS estimate has been revised 2.22% lower, showing a collective reassessment by covering analysts [16]. Earnings Surprise History - Stevanato has beaten consensus EPS estimates only once in the last four quarters [10]. - In the last reported quarter, the company was expected to post earnings of $0.12 per share but actually reported $0.09, resulting in a surprise of -25% [22]. Zacks Rank and Predictive Power - Stevanato currently holds a Zacks Rank of 4 (Sell), which complicates the prediction of an earnings beat [20][21]. - A negative Earnings ESP reading, combined with a low Zacks Rank, indicates a challenging outlook for the company to surpass consensus EPS estimates [19][21].