Why Byrna Technologies (BYRN) is Poised to Beat Earnings Estimates Again

Core Insights - Byrna Technologies Inc. (BYRN) is well-positioned to continue its earnings-beat streak, having a strong history of surpassing earnings estimates, particularly in the last two quarters with an average surprise of 90.00% [1][5] Earnings Performance - In the most recent quarter, Byrna Technologies reported earnings of $0.09 per share, exceeding the expected $0.05 per share, resulting in a surprise of 80.00% [2] - For the previous quarter, the company reported $0.10 per share against a consensus estimate of $0.05 per share, achieving a surprise of 100.00% [2] Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Byrna Technologies, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5][8] - The current Earnings ESP for Byrna Technologies is +15.39%, suggesting that analysts have recently become more optimistic about the company's earnings prospects [8] Zacks Rank and Success Rate - The stock holds a Zacks Rank of 2 (Buy), which, when combined with a positive Earnings ESP, indicates a high probability of another earnings beat [8] - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% success rate in beating consensus estimates [6]