Core Viewpoint - Expand Energy (EXE) shows potential as a strong investment opportunity due to significant revisions in earnings estimates, indicating an improving earnings outlook [1][2] Earnings Estimate Revisions - Analysts are increasingly optimistic about Expand Energy's earnings prospects, leading to higher estimates that are expected to positively impact the stock price [2] - The consensus earnings estimate for the current quarter is projected at 1.20 per share, which is a decrease of 75.56% from the previous year. The consensus estimate has increased by 11.27% in the past month, with four estimates moving higher and no negative revisions [5] Zacks Rank and Performance - Expand Energy currently holds a Zacks Rank 2 (Buy), indicating favorable estimate revisions. This ranking system has a proven track record of outperformance, with Zacks 1 Ranked stocks averaging a 25% annual return since 2008 [3][6] - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have been shown to significantly outperform the S&P 500 [6] Recent Stock Performance - The stock of Expand Energy has appreciated by 10.2% over the past four weeks, driven by strong estimate revisions, suggesting that there may still be further upside potential [7]
Why Expand Energy (EXE) Might be Well Poised for a Surge