Why Standex (SXI) is Poised to Beat Earnings Estimates Again

Core Viewpoint - Standex International (SXI) is well-positioned to continue its earnings-beat streak in upcoming reports, having surpassed earnings estimates consistently in recent quarters [1][5]. Earnings Performance - In the last reported quarter, Standex achieved earnings of $1.91 per share, exceeding the Zacks Consensus Estimate of$1.68 per share by 13.69% [2]. - In the previous quarter, the company reported earnings of $1.71 per share against an expected$1.66 per share, resulting in a surprise of 3.01% [2]. Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Standex, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5][8]. - The current Earnings ESP for Standex is +1.14%, suggesting increased analyst optimism regarding its near-term earnings potential [8]. Statistical Insights - 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 [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7].