Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Dana (DAN) despite lower revenues, with a focus on how actual results will compare to estimates [1][2]. Earnings Expectations - Dana is expected to report quarterly earnings of $0.26 per share, reflecting a year-over-year increase of +116.7% [3]. - Revenues are projected to be $1.93 billion, which is a decrease of 22.1% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 53.51% higher in the last 30 days, indicating a positive reassessment by analysts [4]. - The Most Accurate Estimate for Dana is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +4.48% [12]. Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of a potential earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [10]. - Dana currently holds a Zacks Rank of 2, suggesting a high likelihood of beating the consensus EPS estimate [12]. Historical Performance - In the last reported quarter, Dana was expected to post earnings of $0.40 per share but only achieved $0.05, resulting in a surprise of -87.50% [13]. - Over the past four quarters, Dana has only beaten consensus EPS estimates once [14]. Industry Context - Another player in the automotive equipment sector, Gentex (GNTX), is expected to report earnings of $0.47 per share, indicating a year-over-year decrease of -11.3% [18]. - Gentex's revenues are expected to be $667.88 million, up 9.8% from the previous year, with an Earnings ESP of +5.64% and a Zacks Rank of 3 [19].
Dana (DAN) Reports Next Week: Wall Street Expects Earnings Growth