Earnings Estimates Rising for LiveRamp (RAMP): Will It Gain?

Core Viewpoint - LiveRamp (RAMP) is positioned as a strong investment opportunity due to significant upward revisions in earnings estimates, indicating a positive earnings outlook that may continue to drive stock price growth [1][2]. Estimate Revisions - Analysts have shown growing optimism regarding LiveRamp's earnings prospects, as reflected in the upward trend of estimate revisions, which historically correlates with stock price movements [2]. - For the current quarter, LiveRamp is expected to earn $0.38 per share, representing a year-over-year decline of 11.63%. However, the Zacks Consensus Estimate has increased by 8.33% over the last 30 days due to one upward revision [4]. - For the full year, the earnings estimate is projected at $1.63 per share, reflecting a year-over-year increase of 12.41%. The consensus estimate has risen by 23.33% in the past month, supported by one upward revision [5]. Zacks Rank - LiveRamp currently holds a Zacks Rank 2 (Buy), indicating favorable conditions for investment based on promising estimate revisions. Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500 [6]. Stock Performance - Over the past four weeks, LiveRamp shares have appreciated by 17.4%, suggesting that investor confidence is bolstered by the company's positive earnings growth prospects [7].