Valley National (VLY) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Valley National (VLY) due to higher revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The earnings report is expected on July 24, with a consensus EPS estimate of $0.22, reflecting a +69.2% year-over-year change, and revenues projected at $493.23 million, up 8.6% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 0.65% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Valley National is lower than the consensus estimate, resulting in an Earnings ESP of -2.33%, indicating bearish sentiment among analysts [12]. Historical Performance - Valley National has not beaten consensus EPS estimates in the last four quarters, with the most recent quarter showing a -5.26% surprise [13][14]. Investment Considerations - Despite the negative Earnings ESP, other factors may influence stock movement, and investors should consider these alongside earnings expectations [15][17].