Core Viewpoint - Byrna Technologies Inc. (BYRN) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of exceeding expectations [1]. Earnings Performance - Byrna Technologies has a notable track record of surpassing earnings estimates, with an average surprise of 245% over the last two quarters [2]. - In the most recent quarter, the company reported earnings of 0.02, resulting in a surprise of 250% [2]. - For the previous quarter, Byrna's actual earnings were 0.05, leading to a surprise of 240% [2]. Earnings Estimates and Predictions - Recent earnings estimates for Byrna Technologies have been revised upward, indicating positive sentiment among analysts [5]. - The Zacks Earnings ESP (Expected Surprise Prediction) for Byrna is currently positive, suggesting a strong likelihood of an earnings beat [5][8]. - The company has an Earnings ESP of +55.56%, reflecting increased analyst optimism regarding its near-term earnings potential [8]. Zacks Rank and Predictive Power - Byrna Technologies holds a Zacks Rank of 2 (Buy), which, when combined with a positive Earnings ESP, enhances the probability of another earnings beat [8]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced positive surprises nearly 70% of the time [6]. Importance of Earnings ESP - The Earnings ESP metric compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate being more reflective of recent analyst revisions [7]. - A negative Earnings ESP does not necessarily indicate an earnings miss, but it does reduce predictive power [8].
Why Byrna Technologies (BYRN) Could Beat Earnings Estimates Again