Paysafe (PSFE) ZACKS·2024-11-06 16:05Core Viewpoint - Paysafe Limited (PSFE) is anticipated to report a year-over-year increase in earnings driven by higher revenues, with the actual results being a significant factor influencing its near-term stock price [1][2]. Earnings Expectations - The earnings report is scheduled for November 13, 2024, with a consensus EPS estimate of 424.5 million, indicating a 7.1% increase from the previous year [3][2]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, suggesting stability in analysts' assessments [4]. The Most Accurate Estimate for Paysafe is higher than the consensus, resulting in a positive Earnings ESP of +5.17%, indicating a bullish outlook from analysts [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [8]. Paysafe's current Zacks Rank is 3, which supports the likelihood of beating the consensus EPS estimate [11]. Historical Performance - Paysafe has a history of exceeding consensus EPS estimates, having beaten expectations in three out of the last four quarters. In the last reported quarter, it delivered a surprise of +47.50% by posting earnings of 0.40 [12][13]. Industry Context - Shift4 Payments (FOUR), a competitor in the financial transaction services industry, is expected to report an EPS of 369.07 million, up 51.9% from the previous year [17]. However, Shift4's Earnings ESP is -3.39%, combined with a Zacks Rank of 4, indicating challenges in predicting an earnings beat [18].