Why LegalZoom (LZ) Might be Well Poised for a Surge

Core Viewpoint - LegalZoom (LZ) shows potential as a strong investment opportunity due to significant revisions in earnings estimates, indicating an improving earnings outlook [1][2] Current-Quarter Estimate Revisions - The expected earnings for the current quarter are $0.17 per share, reflecting a year-over-year increase of +30.77% [4] - Over the past 30 days, one estimate has been revised upward with no negative revisions, leading to a 13.33% increase in the Zacks Consensus Estimate [4] Current-Year Estimate Revisions - For the full year, LegalZoom is projected to earn $0.53 per share, representing a year-over-year change of +29.27% [5] - The trend for current-year estimates is positive, with one upward revision and no negative changes, resulting in a 6.57% increase in the consensus estimate [5] Favorable Zacks Rank - LegalZoom currently holds a Zacks Rank 2 (Buy), indicating strong agreement among analysts regarding positive earnings revisions [6] - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500 [6] Bottom Line - LegalZoom's strong estimate revisions have led to a 5.8% increase in stock price over the past four weeks, suggesting further upside potential [7]