Crescent Energy (CRGY) Earnings Expected to Grow: Should You Buy?

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. On the other hand, the stock currently carries a Zacks Rank of #5. While the sustainability of the immediate price change and future earnings expectations will mostly depend on ...