Why Atlanticus (ATLC) is Poised to Beat Earnings Estimates Again

Core Insights - Atlanticus Holdings Corporation (ATLC) has consistently surpassed earnings estimates, averaging a beat of 8.52% over the last two quarters [1][2] - The most recent earnings report showed earnings of $1.27 per share, exceeding the Zacks Consensus Estimate of$1.23 per share by 3.25% [2] - The previous quarter also saw a positive surprise, with actual earnings of $0.99 per share against an expected$0.87 per share, resulting in a 13.79% surprise [2] Earnings Estimates and Predictions - Estimates for Atlanticus have been trending higher, supported by its history of earnings surprises [3] - The stock currently has a positive Zacks Earnings ESP of +4.67%, indicating bullish sentiment among analysts regarding its earnings prospects [6] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a strong possibility of another earnings beat [6] Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [4] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [5] - A negative Earnings ESP does not necessarily indicate an earnings miss, but it does reduce predictive power [6]