Workflow
Dave Inc. (DAVE) Earnings Expected to Grow: Should You Buy?
DaveDave(US:DAVE) ZACKSยท2025-05-01 15:07

Core Viewpoint - The market anticipates that Dave Inc. (DAVE) will report a year-over-year increase in earnings driven by higher revenues in its upcoming earnings report for the quarter ended March 2025, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The consensus estimate for DAVE's quarterly earnings is $1.54 per share, reflecting a year-over-year increase of +148.4%. Revenues are projected to be $91.6 million, which is a 24.5% increase from the same quarter last year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 22.22%, indicating a collective reassessment by analysts regarding the company's earnings prospects [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for DAVE is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -34.85%, suggesting a bearish outlook from analysts [10][11]. Historical Performance - In the last reported quarter, DAVE was expected to post earnings of $1.09 per share but exceeded expectations with earnings of $2.04, achieving a surprise of +87.16%. Over the past four quarters, the company has beaten consensus EPS estimates three times [12][13]. Investment Considerations - Despite a strong Zacks Rank of 1, the negative Earnings ESP reading complicates the prediction of an earnings beat for DAVE. Investors are advised to consider other factors beyond earnings surprises when making investment decisions [11][16].