Core Insights - Nayax (NYAX) has a strong track record of exceeding earnings estimates, with an average surprise of 62.50% over the last two quarters [1][5] - The company reported earnings of $0.05 per share for the most recent quarter, surpassing the expected $0.04 by 25%, and previously reported $0.02 per share against an estimate of $0.01, achieving a 100% surprise [2] Earnings Estimates and Predictions - Recent changes in earnings estimates for Nayax have been favorable, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5][8] - Nayax currently has an Earnings ESP of +42.86%, suggesting analysts are optimistic about the company's earnings prospects [8] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) indicates a high probability of another earnings beat, with historical data showing that such combinations lead to positive surprises nearly 70% of the time [6][8] Earnings ESP Explanation - 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] - A negative Earnings ESP can reduce predictive power but does not necessarily indicate an earnings miss [9] Importance of Earnings ESP - While many companies may beat consensus EPS estimates, this is not the only factor influencing stock price movements; thus, checking the Earnings ESP is crucial for investment decisions [10]
Will Nayax (NYAX) Beat Estimates Again in Its Next Earnings Report?