Analysts Estimate Azenta (AZTA) to Report a Decline in Earnings: What to Look Out for

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Azenta (AZTA) due to lower revenues, with a consensus EPS estimate of $0.07, reflecting a -46.2% change from the previous year [1][2]. Group 1: Earnings Expectations - Azenta is expected to report revenues of $165.75 million, which is a slight decrease of 0.1% compared to the same quarter last year [2]. - The consensus EPS estimate has been revised down by 15.63% over the last 30 days, indicating a reassessment by analysts [2]. Group 2: Earnings Surprise Prediction - The Zacks Earnings ESP model compares the Most Accurate Estimate to the Zacks Consensus Estimate, suggesting that recent analyst revisions may provide more accurate insights into expected earnings [3]. - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3, which historically leads to a positive surprise nearly 70% of the time [4]. Group 3: Historical Performance - Brooks, another company mentioned, has an Earnings ESP of 0%, indicating no recent analyst revisions differing from the consensus estimate, and currently holds a Zacks Rank of 3 [5][6]. - In the last reported quarter, Brooks exceeded expectations with earnings of $0.05 per share against an expected $0.02, resulting in a surprise of +150% [7]. Group 4: Market Reactions - An earnings beat or miss alone may not dictate stock price movements, as other factors can influence investor sentiment [8]. - While Brooks does not appear to be a strong candidate for an earnings beat, investors are advised to consider additional factors before making investment decisions [8].