Will Braze (BRZE) Beat Estimates Again in Its Next Earnings Report?

Core Insights - Braze, Inc. (BRZE) has a strong history of exceeding earnings estimates, with an average surprise of 220.00% over the last two quarters, indicating potential for continued performance in upcoming reports [1][2]. Earnings Performance - In the most recent quarter, Braze reported earnings of $0.15 per share, surpassing the expected $0.03 per share, resulting in a surprise of 400.00% [2]. - For the previous quarter, the company reported $0.07 per share against an expectation of $0.05 per share, yielding a surprise of 40.00% [2]. Earnings Estimates and Predictions - Estimates for Braze have been trending upward, supported by its history of earnings surprises, and the stock currently has a positive Zacks Earnings ESP of +10.53%, suggesting bullish sentiment among analysts [5][8]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) indicates a strong likelihood of another earnings beat [8]. Statistical Insights - Research indicates that 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, with the Most Accurate Estimate reflecting the latest analyst revisions [7].