Amprius Technologies (AMPX) Expected to Beat Earnings Estimates: Should You Buy?

Company Overview - Amprius Technologies (AMPX) is expected to report flat earnings of $0.11 per share for the quarter ended December 2024, with revenues projected at $10.5 million, reflecting a significant increase of 166.5% year-over-year [1][3]. Earnings Expectations - The upcoming earnings report is anticipated to be released on March 20, and the stock may experience upward movement if the actual results exceed expectations [2]. - The consensus EPS estimate has been revised 4.55% higher in the last 30 days, indicating a more optimistic outlook from analysts [4]. Earnings Surprise Prediction - The Most Accurate Estimate for Amprius is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +1.23%, suggesting a likelihood of beating the consensus EPS estimate [10][11]. - The company holds a Zacks Rank of 3, which indicates a hold rating, but combined with the positive Earnings ESP, it suggests a potential earnings beat [11]. Historical Performance - In the last reported quarter, Amprius was expected to post a loss of $0.11 per share but actually reported a loss of $0.10, resulting in a positive surprise of +9.09% [12]. - Over the past four quarters, Amprius has surpassed consensus EPS estimates two times [13]. Industry Context - In the Zacks Technology Services industry, GDS Holdings is expected to report a loss of $0.27 per share for the same quarter, with revenues projected at $430.7 million, up 19.6% year-over-year [17]. - GDS Holdings has seen a significant revision in its EPS estimate, with a 37.5% increase over the last 30 days, leading to an Earnings ESP of 18.52%, suggesting a likely earnings beat [18].