Core Viewpoint - The market anticipates a year-over-year decline in earnings for Custom Truck One Source, Inc. (CTOS) due to lower revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Financial Expectations - Revenues for the quarter are expected to be $446.86 million, reflecting a decrease of 2.2% from the same quarter last year [3]. - The consensus EPS estimate for the quarter has been revised down by 24.15% over the last 30 days, indicating a reassessment by analysts [4]. - Custom Truck One Source is projected to report a quarterly loss of $0.01 per share, representing a year-over-year change of -120% [6]. Earnings Surprise Prediction - The Most Accurate Estimate for Custom Truck One Source is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +358.83%, suggesting a recent bullish sentiment among analysts [12]. - However, the company currently holds a Zacks Rank of 5, which complicates the prediction of an earnings beat [13][14]. - Historical performance shows that Custom Truck One Source has only beaten consensus EPS estimates once in the last four quarters, with a significant miss of -500% in the last reported quarter [15][16]. Industry Comparison - In contrast, Oshkosh (OSK), another player in the Zacks Automotive - Original Equipment industry, is expected to post earnings of $3 per share for the same quarter, indicating a year-over-year increase of +11.5% and revenues of $2.78 billion, up 15% from the previous year [20]. - Oshkosh has seen a slight upward revision of 0.2% in its consensus EPS estimate over the last 30 days and holds a Zacks Rank of 3, suggesting a higher likelihood of beating the consensus EPS estimate [21].
Analysts Estimate Custom Truck One Source, Inc. (CTOS) to Report a Decline in Earnings: What to Look Out for