Will Five9 (FIVN) Beat Estimates Again in Its Next Earnings Report?

Core Viewpoint - Five9 (FIVN) is positioned to potentially continue its earnings-beat streak in the upcoming report, having surpassed earnings estimates consistently in recent quarters [1]. Group 1: Earnings Performance - In the last reported quarter, Five9 achieved earnings of $0.78 per share, exceeding the Zacks Consensus Estimate of $0.73 per share, resulting in a surprise of 6.85% [2]. - In the previous quarter, Five9 was expected to report earnings of $0.65 per share but delivered $0.76 per share, leading to a surprise of 16.92% [2]. Group 2: Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Five9, with a positive Zacks Earnings ESP (Expected Surprise Prediction), indicating a strong likelihood of an earnings beat [5]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests that stocks with this profile have a nearly 70% chance of producing a positive surprise [6]. - Five9 currently has an Earnings ESP of +1.59%, indicating that analysts have recently become more optimistic about the company's earnings prospects [8].