Core Insights - South Bow Corporation (SOBO) is positioned to potentially continue its earnings-beat streak in the upcoming report, having surpassed earnings estimates by an average of 20.24% over the last two quarters [1][5] Earnings Performance - For the most recent quarter, South Bow Corporation reported earnings of $0.42 per share, which was below the expected $0.47 per share, resulting in a surprise of 11.90%. In the previous quarter, the company exceeded the consensus estimate of $0.42 per share by reporting $0.54 per share, achieving a surprise of 28.57% [2] Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for South Bow Corporation, with a positive Zacks Earnings ESP of +12.99%, indicating that analysts have recently become more optimistic about the company's earnings prospects [5][8] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with historical data showing that stocks with this combination beat consensus estimates nearly 70% of the time [6][8] Earnings ESP Explanation - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions, which may provide a more accurate prediction of earnings [7][9]
Why South Bow Corporation (SOBO) Could Beat Earnings Estimates Again