Docebo(DCBO) ZACKS·2024-08-01 15:06Core Viewpoint - The market anticipates Docebo Inc. (DCBO) will report a year-over-year increase in earnings driven by higher revenues for the quarter ended June 2024, with actual results being crucial for stock price movement [1][2]. Financial Expectations - The consensus EPS estimate for Docebo is 52.3 million, which is a 20% increase from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4]. - The Most Accurate Estimate for Docebo is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -15.49%, suggesting a bearish outlook from analysts [10]. Earnings Surprise Prediction - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [8]. - Docebo currently holds a Zacks Rank of 3, making it challenging to predict an earnings beat conclusively [11]. Historical Performance - In the last reported quarter, Docebo exceeded the expected earnings of 0.23, resulting in a surprise of +35.29% [12]. - Over the past four quarters, Docebo has consistently beaten consensus EPS estimates [13]. Conclusion - Docebo does not appear to be a compelling candidate for an earnings beat based on current estimates and rankings, but other factors should also be considered by investors [16].