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Will ANI (ANIP) Beat Estimates Again in Its Next Earnings Report?
ANI PharmaceuticalsANI Pharmaceuticals(US:ANIP) ZACKSยท2024-10-15 17:15

Core Viewpoint - ANI Pharmaceuticals is well-positioned to continue its earnings-beat streak in upcoming reports, having surpassed earnings estimates consistently in recent quarters [1][2]. Earnings Performance - ANI Pharmaceuticals has topped earnings estimates by an average of 16.57% over the last two quarters [1]. - In the last reported quarter, ANI achieved earnings of $1.02 per share, exceeding the Zacks Consensus Estimate of $0.93 per share by 9.68% [1]. - For the previous quarter, ANI's actual earnings were $1.21 per share against an expected $0.98 per share, resulting in a surprise of 23.47% [1]. Earnings Estimates and Predictions - Estimates for ANI have been trending higher due to its history of earnings surprises [2]. - The stock has a positive Zacks Earnings ESP of +2.50%, indicating bullish sentiment among analysts regarding its near-term earnings potential [3]. - The combination of a positive Earnings ESP and a Zacks Rank 1 (Strong Buy) suggests a high likelihood of another earnings beat [3]. Importance of Earnings ESP - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [3]. - A positive Earnings ESP enhances the predictive power of potential earnings beats, while a negative value does not necessarily indicate an earnings miss [3][4]. - Utilizing the Earnings ESP Filter can help identify stocks with the best potential for success before earnings reports [4].