Central Garden (CENT) Expected to Beat Earnings Estimates: Should You Buy?

Core Viewpoint - Central Garden (CENT) is expected to report a year-over-year decline in earnings due to lower revenues, with a consensus outlook indicating a quarterly loss of $0.20 per share and revenues of $666.08 million, down 0.5% from the previous year [1][3]. Earnings Expectations - The consensus EPS estimate has been revised 8.33% lower in the last 30 days, reflecting a reassessment by analysts [4]. - A positive Earnings ESP of +6.56% suggests analysts have recently become more optimistic about Central Garden's earnings prospects, despite the stock holding a Zacks Rank of 3 [12]. Earnings Surprise History - Central Garden has a history of beating consensus EPS estimates, having done so in the last four quarters, including a +16.42% surprise in the most recent quarter [13][14]. Market Reaction - The stock price may increase if the actual earnings exceed expectations, while a miss could lead to a decline [2]. - Management's discussion during the earnings call will significantly influence the sustainability of any immediate price changes and future earnings expectations [2].