Can UMB (UMBF) Keep the Earnings Surprise Streak Alive?

Core Viewpoint - UMB Financial (UMBF) is positioned to continue its earnings-beat streak, having surpassed earnings estimates consistently in recent quarters [1][5]. Earnings Performance - In the most recent quarter, UMB reported earnings of $2.96 per share, exceeding the expected $2.35 per share by 25.96% [2]. - For the previous quarter, UMB's earnings were $2.58 per share against an expectation of $2.21 per share, resulting in a surprise of 16.74% [2]. Earnings Estimates and Predictions - UMB's earnings estimates have been trending higher, supported by its history of earnings surprises [5]. - The stock has a positive Zacks Earnings ESP of +0.49%, indicating bullish sentiment among analysts regarding the company's earnings prospects [8]. - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) suggests a strong likelihood of another earnings beat in the upcoming report [8]. Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) 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].