Will CyberArk (CYBR) Beat Estimates Again in Its Next Earnings Report?

Core Viewpoint - CyberArk (CYBR) is positioned well to continue its trend of beating earnings estimates, supported by a strong history of performance in the Zacks Security industry [1]. Earnings Performance - CyberArk has consistently exceeded earnings estimates, with an average surprise of 60.78% over the last two quarters [2]. - In the last reported quarter, CyberArk achieved earnings of $0.80 per share, surpassing the Zacks Consensus Estimate of$0.71 per share by 12.68% [3]. - In the previous quarter, the company reported earnings of $0.94 per share against an expected$0.45 per share, resulting in a surprise of 108.89% [3]. Earnings Estimates and Predictions - Estimates for CyberArk have been trending higher, influenced by its history of earnings surprises [6]. - The stock has a positive Zacks Earnings ESP of +3.08%, indicating recent bullish sentiment among analysts regarding the company's earnings prospects [9]. - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) suggests a strong likelihood of another earnings beat in the upcoming report [9]. 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 [7]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [8].