Progyny (PGNY) Reports Next Week: Wall Street Expects Earnings Growth

Core Viewpoint - The market anticipates Progyny (PGNY) will report a year-over-year increase in earnings driven by higher revenues for the quarter ending December 2024, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Progyny is expected to post quarterly earnings of $0.37 per share, reflecting a year-over-year increase of +15.6$280.37 million, up 3.9% from the previous year [3]. - 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 suggests that the Most Accurate Estimate for Progyny is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +0.18%, indicating a bullish outlook from analysts [10]. - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3, which increases the likelihood of a positive surprise to nearly 70% [8]. Historical Performance - Progyny has a history of exceeding consensus EPS estimates, having beaten expectations in the last four quarters, including a +8.11% surprise in the most recent quarter [12][13]. Conclusion - Progyny is positioned as a compelling candidate for an earnings beat, but investors should consider other factors influencing stock performance beyond earnings results [16].