Earnings Preview: Harte-Hanks (HHS) Q2 Earnings Expected to Decline

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Harte-Hanks due to lower revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Harte-Hanks is expected to report quarterly earnings of $0.06 per share, reflecting a 25% decrease year-over-year, with revenues projected at $46.6 million, down 2.4% from the previous year [3]. - The consensus EPS estimate has been revised down by 11.77% over the last 30 days, indicating a bearish sentiment among analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Harte-Hanks is lower than the consensus estimate, resulting in an Earnings ESP of -16.67%, complicating predictions for an earnings beat [10]. - A positive Earnings ESP is generally a strong indicator of an earnings beat, especially when combined with a favorable Zacks Rank [8]. Historical Performance - In the last reported quarter, Harte-Hanks surprised analysts by posting earnings of $0.10 per share against an expected loss of $0.05, achieving a surprise of +300% [11]. - Over the past four quarters, the company has only beaten consensus EPS estimates once [12]. Conclusion - Harte-Hanks does not currently appear to be a strong candidate for an earnings beat, and investors should consider additional factors when making investment decisions ahead of the earnings release [15].