Repay (RPAY) ZACKS·2024-11-12 23:51Core Viewpoint - Repay Holdings reported quarterly earnings of 0.21 per share a year ago [1] - The company also posted revenues of 74.32 million year-over-year [2] Earnings Performance - The earnings surprise for the previous quarter was 10%, with actual earnings of 0.20 [1] - Over the last four quarters, Repay Holdings has surpassed consensus EPS estimates three times [1] Revenue Performance - The company has topped consensus revenue estimates four times over the last four quarters [2] - Current consensus EPS estimate for the upcoming quarter is 82.76 million, and for the current fiscal year, it is 317.8 million [7] Stock Performance - Repay Holdings shares have increased by approximately 5.4% since the beginning of the year, while the S&P 500 has gained 25.8% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations of outperforming the market in the near future [6] Industry Outlook - The Financial Transaction Services industry is currently ranked in the bottom 47% of over 250 Zacks industries, which may impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that tracking these revisions can be beneficial for investors [5]