E2open(US:ETWO) ZACKS·2025-01-10 15:09Core Insights - E2open Parent Holdings, Inc. (ETWO) reported quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.06 per share, representing an earnings surprise of -16.67% [1] - The company posted revenues of $151.66 million for the quarter ended November 2024, surpassing the Zacks Consensus Estimate by 1.04%, but down from $157.5 million year-over-year [2] - E2open shares have increased by approximately 1.9% since the beginning of the year, outperforming the S&P 500's gain of 0.6% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.06 on revenues of $153.54 million, and for the current fiscal year, it is $0.19 on revenues of $606.98 million [7] - The estimate revisions trend for E2open is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Internet - Software industry, to which E2open belongs, is currently in the top 12% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]