Earnings Estimates Rising for NetScout (NTCT): Will It Gain?

Core Viewpoint - Investors are encouraged to consider NetScout Systems (NTCT) due to improving earnings estimates and positive stock momentum [1][2] Earnings Estimate Revisions - Analysts are increasingly optimistic about NetScout's earnings prospects, leading to higher estimates that are expected to positively impact the stock price [2] - The earnings estimate for the current quarter is $0.74 per share, reflecting a +1.37% change from the previous year, with a 17.31% increase in the Zacks Consensus Estimate over the last 30 days [4] - For the full year, the expected earnings are$ 2.21 per share, indicating a +0.45% change from the prior year, with a 15.11% increase in the consensus estimate over the past month [5] Zacks Rank and Performance - NetScout currently holds a Zacks Rank 1 (Strong Buy), indicating strong agreement among analysts in raising earnings estimates, which historically correlates with stock performance [3][6] - Stocks with Zacks Rank 1 and 2 have shown significant outperformance compared to the S&P 500 [6] Recent Stock Performance - The stock has appreciated by 7.6% over the past four weeks due to strong estimate revisions, suggesting potential for further upside [7]