Core Viewpoint - Onestream (OS) shows a promising earnings outlook, with analysts raising earnings estimates, which may positively impact the stock price [1][2]. Earnings Estimates - The current quarter's earnings estimate is $0.04 per share, reflecting a year-over-year decline of 42.9%. However, the Zacks Consensus Estimate has increased by 13.64% over the last 30 days due to one upward revision and no negative changes [7]. - For the full year, Onestream is expected to earn $0.14 per share, indicating no year-over-year change. There has been a positive trend in estimate revisions, with two estimates moving up and no negative revisions in the past month [8]. Zacks Rank - Onestream has achieved a Zacks Rank of 2 (Buy), supported by favorable estimate revisions. The Zacks Rank system has a strong track record, with Zacks 1 (Strong Buy) stocks averaging a 25% annual return since 2008 [3][9]. - Stocks with Zacks Rank 1 and 2 are shown to significantly outperform the S&P 500 [9]. Stock Performance - Onestream's stock has gained 28.3% over the past four weeks, driven by solid estimate revisions and positive earnings growth prospects [10].
Earnings Estimates Moving Higher for Onestream (OS): Time to Buy?