Hologic (HOLX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Hologic, with a focus on how actual results compare to estimates, which could significantly impact stock price [1][2]. Earnings Expectations - Hologic is expected to report earnings of $1.10 per share, reflecting an 8.9% increase year-over-year [3][18]. - Revenue is projected to be $1.03 billion, representing a 4.7% increase from the previous year [3][19]. Estimate Revisions - The consensus EPS estimate has been revised down by 1.38% over the last 30 days, indicating a reassessment by analysts [4][19]. - The Most Accurate Estimate matches the Zacks Consensus Estimate, resulting in an Earnings ESP of 0%, complicating predictions of an earnings beat [12][19]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likely deviation of actual earnings from the consensus estimate, with a strong predictor of earnings beats when combined with a favorable Zacks Rank [9][10]. - Hologic currently holds a Zacks Rank of 3 (Hold), making it challenging to predict an earnings beat conclusively [12][20]. Historical Performance - In the last reported quarter, Hologic exceeded the expected earnings of $1.05 per share, achieving $1.08, resulting in a surprise of +2.86% [13]. - Over the past four quarters, Hologic has surpassed consensus EPS estimates three times [14][20]. Conclusion - While Hologic is not positioned as a compelling earnings-beat candidate, investors should consider other factors when making decisions regarding the stock ahead of the earnings release [17][20].