Sensata(US:ST) ZACKSยท2024-10-28 15:06Core Viewpoint - The market anticipates a year-over-year decline in Sensata's earnings due to lower revenues, with the actual results being crucial for stock price movement [1][2]. Earnings Expectations - Sensata is expected to report earnings of $0.86 per share, reflecting a decline of 5.5% year-over-year, with revenues projected at $984.66 million, down 1.7% from the previous year [3]. - The earnings report is scheduled for November 4, 2024, and could lead to stock price increases if results exceed expectations, while missing estimates may result in a decline [2]. Estimate Revisions - The consensus EPS estimate has been revised down by 3.12% over the last 30 days, indicating a collective reassessment by analysts [4]. - The Most Accurate Estimate for Sensata is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.16%, suggesting a bearish outlook from analysts [10]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, particularly when combined with a favorable Zacks Rank [8]. - Sensata currently holds a Zacks Rank of 4, which complicates the prediction of an earnings beat [10]. Historical Performance - In the last reported quarter, Sensata met the consensus EPS estimate of $0.93, resulting in no surprise [11]. - Over the past four quarters, the company has beaten consensus EPS estimates twice [12]. Conclusion - Sensata does not appear to be a compelling candidate for an earnings beat, and investors should consider other factors when making decisions regarding the stock ahead of the earnings release [15].