Adeia (ADEA) Earnings Expected to Grow: Should You Buy?

Company Overview - Adeia (ADEA) is expected to report earnings for the quarter ended December 2024, with a consensus estimate of $0.44 per share, reflecting a year-over-year increase of 63$114.51 million, representing a 31.8% increase from the previous year [3] Earnings Expectations - The stock price may rise if actual earnings exceed expectations in the upcoming report, scheduled for February 18 [2] - Conversely, if earnings fall short, the stock may decline [2] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that Adeia has an Earnings ESP of 0%, as the Most Accurate Estimate aligns with the consensus estimate [10] - This suggests no recent analyst revisions that differ from the consensus, making it challenging to predict an earnings beat [11] Historical Performance - In the last reported quarter, Adeia was expected to post earnings of $0.35 per share but only achieved$0.27, resulting in a surprise of -22.86% [12] - Over the past four quarters, the company has beaten consensus EPS estimates three times [13] Industry Context - Telus International (TIXT), another player in the Zacks Technology Services industry, is expected to report earnings of $0.01 per share, indicating a year-over-year decline of 103.9$672.44 million, down 2.8% from the previous year [17] - The consensus EPS estimate for Telus International has been revised up by 3.9% over the last 30 days, but it currently has an Earnings ESP of -20.00%, complicating predictions for an earnings beat [18]