Analysts Estimate Kodiak Gas Services (KGS) to Report a Decline in Earnings: What to Look Out for

Core Viewpoint - Kodiak Gas Services (KGS) is expected to report a year-over-year decline in earnings despite higher revenues for the quarter ended September 2024, with the consensus outlook being crucial for assessing the company's earnings picture [1] Earnings Expectations - The consensus EPS estimate for Kodiak Gas is $0.26 per share, reflecting a year-over-year decrease of 7.1$321.01 million, representing a 39% increase from the same quarter last year [3] Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 1.75%, indicating a reassessment by analysts [4] - The Most Accurate Estimate for Kodiak Gas matches the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [10] Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likely deviation of actual earnings from the consensus estimate, with positive readings being more predictive of earnings beats [7][8] - Kodiak Gas currently holds a Zacks Rank of 2 (Buy), but the combination of a 0% Earnings ESP makes it challenging to predict an earnings beat [10] Historical Performance - In the last reported quarter, Kodiak Gas was expected to post earnings of $0.52 per share but only achieved$0.23, resulting in a surprise of -55.77% [11] - Over the past four quarters, the company has beaten consensus EPS estimates two times [12] Market Reaction - The stock price may increase if the upcoming earnings report exceeds expectations, while a miss could lead to a decline [2] - Other factors beyond earnings results may also influence stock movement, indicating that an earnings beat does not guarantee a price increase [13][15]