Can Masimo (MASI) Keep the Earnings Surprise Streak Alive?

Core Viewpoint - Masimo (MASI) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of exceeding expectations in previous quarters [1]. Earnings Performance - Masimo has a solid track record of surpassing earnings estimates, with an average surprise of 14.18% over the last two quarters [2]. - In the last reported quarter, Masimo achieved earnings of $0.98 per share, exceeding the Zacks Consensus Estimate of$0.84 per share, resulting in a surprise of 16.67% [3]. - For the previous quarter, the company was expected to report earnings of $0.77 per share but delivered$0.86 per share, yielding a surprise of 11.69% [3]. Earnings Estimates and Predictions - Recent estimates for Masimo have been trending upward, indicating positive sentiment among analysts [4]. - The Zacks Earnings ESP for Masimo is currently positive at +4.05%, suggesting bullish expectations for near-term earnings [7]. - The combination of a positive Earnings ESP and a Zacks Rank of 1 (Strong Buy) indicates a high likelihood of another earnings beat [7]. Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [5]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [6]. Upcoming Events - Masimo's next earnings report is anticipated to be released on February 25, 2025 [7].