Earnings Preview: Greystone Housing Impact Investors (GHI) Q3 Earnings Expected to Decline

Core Viewpoint - The market anticipates a year-over-year decline in earnings for Greystone Housing Impact Investors (GHI) due to lower revenues, with a focus on how actual results compare to estimates [1][2]. Earnings Expectations - GHI is expected to report quarterly earnings of $0.21 per share, reflecting a year-over-year decrease of 46.2% [3]. - Revenues are projected to be $23.64 million, down 10.7% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 1.59% higher in the last 30 days, indicating a reassessment by analysts [4]. - A positive Earnings ESP of +21.95% suggests analysts have recently become more optimistic about GHI's earnings prospects [9]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict deviations from consensus estimates, with a strong predictive power for positive readings [7][8]. - GHI's current Zacks Rank is 4, which complicates the prediction of an earnings beat despite the positive Earnings ESP [10]. Historical Performance - In the last reported quarter, GHI was expected to post earnings of $0.34 per share but only achieved $0.19, resulting in a surprise of -44.12% [11]. - Over the past four quarters, GHI has beaten consensus EPS estimates two times [12]. Industry Context - Oportun Financial Corporation (OPRT), another player in the Zacks Financial - Miscellaneous Services industry, is expected to post earnings of $0.03 per share, indicating a year-over-year increase of 106.5% [16]. - Oportun's revenue is projected to be $248.77 million, down 7.2% from the previous year [16]. - The consensus EPS estimate for Oportun has been revised down by 4.4% in the last 30 days, with a negative Earnings ESP of -300.00% [17].