Olo (US:OLO) ZACKSยท2025-05-08 22:20Company Performance - Olo Inc. reported quarterly earnings of $0.07 per share, exceeding the Zacks Consensus Estimate of $0.06 per share, and up from $0.05 per share a year ago, representing an earnings surprise of 16.67% [1] - The company posted revenues of $80.68 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 4.08%, compared to year-ago revenues of $66.51 million [2] - Over the last four quarters, Olo has surpassed consensus EPS estimates two times and topped consensus revenue estimates four times [2] Future Outlook - The sustainability of Olo's stock price movement will depend on management's commentary during the earnings call and the earnings outlook for the coming quarters [3][4] - The current consensus EPS estimate for the next quarter is $0.07 on revenues of $81.91 million, and for the current fiscal year, it is $0.31 on revenues of $334.71 million [7] - The estimate revisions trend for Olo is currently mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Internet - Software industry, to which Olo belongs, is currently ranked in the top 37% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]