C3.ai(US:AI) ZACKSยท2024-12-03 23:51Company Performance - C3.ai, Inc. closed at $36.75, reflecting a +1.55% change from the previous day, outperforming the S&P 500's daily gain of 0.05% [1] - The stock has increased by 45.69% over the past month, significantly higher than the Computer and Technology sector's gain of 4.59% and the S&P 500's gain of 5.75% [1] Upcoming Earnings - The company's earnings report is scheduled for December 9, 2024, with an expected EPS of -$0.16, indicating a 23.08% decline from the same quarter last year [2] - Revenue is forecasted to be $91.01 million, representing a 24.28% increase from the prior year quarter [2] Fiscal Year Estimates - For the entire fiscal year, the Zacks Consensus Estimates predict an EPS of -$0.53 and revenue of $383.04 million, reflecting changes of -12.77% and +27.86% respectively from the previous year [3] Analyst Projections - Recent shifts in analyst projections for C3.ai, Inc. should be monitored, as positive estimate revisions indicate optimism about the company's business outlook [4] Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown that 1 stocks have returned an average annual gain of +25% since 1988 [6] - C3.ai, Inc. currently holds a Zacks Rank of 2 (Buy), with the consensus EPS estimate remaining unchanged over the last 30 days [6] Industry Context - The Computers - IT Services industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 48, placing it in the top 20% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]