Will Autoliv (ALV) Beat Estimates Again in Its Next Earnings Report?

Core Insights - Autoliv, Inc. is positioned to potentially continue its earnings-beat streak in the upcoming report, having surpassed earnings estimates consistently in the last two quarters [1][5] - The company reported earnings of $2.15 per share in the last quarter, exceeding the Zacks Consensus Estimate of $1.72 per share by 25.00% [2] - Autoliv's positive Earnings ESP of +9.05% indicates a bullish sentiment among analysts regarding the company's earnings prospects [8] Earnings Performance - In the previous quarter, Autoliv's actual earnings were $3.05 per share, surpassing the expected $2.83 per share by 7.77% [2] - The average earnings surprise over the last two quarters has been 16.39% [1] Earnings Estimates - There has been a favorable change in earnings estimates for Autoliv, supported by a positive Earnings ESP, which is a strong indicator of potential earnings beats [5][8] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6] Earnings ESP Explanation - The Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7] - A positive Earnings ESP suggests that analysts have recently become more optimistic about the company's earnings [8]