Earnings Preview: SoundThinking (SSTI) Q2 Earnings Expected to Decline

Company Overview - SoundThinking (SSTI) is expected to report a year-over-year decline in earnings, with a projected loss of $0.09 per share, reflecting a -28.6% change compared to the previous year [3] - Revenues for the upcoming quarter are anticipated to be $26.32 million, down 2.4% from the same quarter last year [3] Earnings Expectations - The earnings report is scheduled for release on August 12, and the stock may experience upward movement if results exceed expectations [2] - Conversely, if the results fall short, the stock may decline [2] Estimate Revisions - The consensus EPS estimate has been revised 100% lower in the last 30 days, indicating a significant reassessment by analysts [4] - The Most Accurate Estimate for SoundThinking is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +22.22% [12] Historical Performance - In the last reported quarter, SoundThinking was expected to post a loss of $0.06 per share but actually reported a loss of -$0.12, resulting in a surprise of -100.00% [13] - Over the past four quarters, the company has only beaten consensus EPS estimates once [14] Industry Context - Alarm.com Holdings (ALRM), a peer in the Zacks Security and Safety Services industry, is expected to report earnings of $0.52 per share, indicating a year-over-year change of -10.3% [18] - Alarm.com’s revenue is projected to be $244.54 million, up 4.6% from the previous year [19]