Stevanato Group (STVN) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - Stevanato Group (STVN) is anticipated to report a year-over-year increase in earnings driven by higher revenues, with the actual results being a significant factor influencing its near-term stock price [1][2]. Earnings Expectations - The upcoming earnings report is expected to be released on August 5, with a consensus estimate of quarterly earnings at $0.11 per share, reflecting a +10% year-over-year change [3]. - Revenues are projected to reach $302.83 million, representing an 8.4% increase from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that analysts have not significantly altered their initial projections during this period [4]. - The Most Accurate Estimate for Stevanato is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +20.93%, suggesting a bullish outlook from analysts [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [10]. - Stevanato currently holds a Zacks Rank of 2, which, along with the positive Earnings ESP, suggests a high likelihood of beating the consensus EPS estimate [12]. Historical Performance - In the last reported quarter, Stevanato exceeded the expected earnings of $0.10 per share, achieving actual earnings of $0.11, resulting in a surprise of +10% [13]. - Over the past four quarters, the company has only beaten consensus EPS estimates once [14].