Core Insights - Skillsoft Corp. (SKIL) shares increased by 7% to close at $14.87, supported by strong trading volume and a 5.1% gain over the past four weeks, driven by rising earnings estimates and renewed investor confidence in the company's turnaround strategy [1] Earnings Expectations - The company is projected to report quarterly earnings of $1.26 per share, reflecting a year-over-year increase of 169.2%, while revenues are expected to be $131.56 million, a decrease of 4.1% from the previous year [2] - The consensus EPS estimate for Skillsoft has been revised 131.4% higher in the last 30 days, indicating a positive trend that typically correlates with stock price appreciation [3] Industry Comparison - Skillsoft is part of the Zacks Technology Services industry, where another company, Amplitude, Inc. (AMPL), saw its stock close 5% lower at $9.6, with a return of -11.8% over the past month [3] - Amplitude's consensus EPS estimate has remained unchanged at $0.01, representing a year-over-year decline of 66.7%, and it currently holds a Zacks Rank of 4 (Sell) [4]
Skillsoft (SKIL) Moves 7.0% Higher: Will This Strength Last?