Will H20 (HTO) Beat Estimates Again in Its Next Earnings Report?

Core Viewpoint - H20 (HTO) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of surpassing expectations in previous quarters [1]. Earnings Performance - H20 has consistently exceeded earnings estimates, achieving an average surprise of 38.70% over the last two quarters [2]. - In the last reported quarter, H20 earned $0.5 per share, surpassing the Zacks Consensus Estimate of $0.35 per share by 42.86% [3]. - For the previous quarter, the company reported earnings of $0.74 per share against an expected $0.55, resulting in a surprise of 34.55% [3]. Earnings Estimates and Predictions - Estimates for H20 have been trending higher, indicating growing analyst confidence in the company's near-term earnings potential [6]. - H20 currently has a positive Earnings ESP of +7.04%, suggesting a likelihood of another earnings beat [9]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) indicates a strong potential for surpassing earnings estimates [9]. Earnings ESP Insights - Stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [7]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [8].