Will Vital Farms (VITL) Beat Estimates Again in Its Next Earnings Report?

Core Insights - Vital Farms (VITL) is positioned to potentially continue its earnings-beat streak in the upcoming report, having a history of surpassing earnings estimates with an average surprise of 37.82% over the last two quarters [1][2]. Earnings Performance - In the last reported quarter, Vital Farms achieved earnings of $0.36 per share, exceeding the Zacks Consensus Estimate of $0.27 per share, resulting in a surprise of 33.33% [2]. - For the previous quarter, the company was expected to report earnings of $0.26 per share but delivered $0.37 per share, leading to a surprise of 42.31% [2]. Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Vital Farms, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5][8]. - The current Earnings ESP for Vital Farms is +8.84%, suggesting that analysts have recently become more optimistic about the company's earnings prospects [8]. Zacks Rank and Success Rate - Vital Farms holds a Zacks Rank of 1 (Strong Buy), which, when combined with a positive Earnings ESP, indicates a high probability of another earnings beat [8]. - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% success rate in beating consensus estimates [6].