Earnings Preview: SiteOne Landscape (SITE) Q2 Earnings Expected to Decline

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. The consensus EPS estimate for the quarter has been revised 2.42% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. E ...