Core Insights - ServiceTitan Inc. has consistently beaten earnings estimates, with an average surprise of 66.67% over the last two quarters [1] - The company reported earnings of $0.33 per share for the last quarter, exceeding the Zacks Consensus Estimate of $0.18 per share by 83.33% [2] - The previous quarter also saw a positive surprise, with actual earnings of $0.18 per share against an expected $0.12 per share, resulting in a 50.00% surprise [2] Earnings Estimates - There has been a favorable change in earnings estimates for ServiceTitan Inc., indicated by a positive Earnings ESP of +10.87% [5][8] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat [5][8] - Historically, 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] Earnings ESP Explanation - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7] - Analysts revising their estimates close to an earnings release may provide more accurate predictions than earlier consensus estimates [7] - A negative Earnings ESP does not necessarily indicate an earnings miss but reduces the predictive power of the metric [9]
Will ServiceTitan Inc. (TTAN) Beat Estimates Again in Its Next Earnings Report?