Will Envista (NVST) Beat Estimates Again in Its Next Earnings Report?

Core Insights - Envista (NVST) has a strong history of beating earnings estimates and is well-positioned for continued success in upcoming reports [1][2] Earnings Performance - Envista has surpassed earnings estimates by an average of 14.17% over the last two quarters [2] - In the most recent quarter, Envista reported earnings of $0.26 per share against an expectation of $0.24, resulting in a surprise of 8.33% [2] - For the previous quarter, the consensus estimate was $0.20 per share, while the actual earnings were $0.24, leading to a surprise of 20.00% [2] Earnings Estimates and Predictions - Recent estimates for Envista have been increasing, indicating a positive outlook for future earnings [5] - The Zacks Earnings ESP for Envista is currently +1.62%, suggesting analysts are optimistic about its near-term earnings potential [8] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) indicates a high likelihood of another earnings beat [5][8] Statistical Insights - Stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7]