Insights Into Align Technology (ALGN) Q4: Wall Street Projections for Key Metrics

Core Insights - Align Technology (ALGN) is expected to report quarterly earnings of $2.99 per share, a 22.5% increase year-over-year, with revenues projected at $1.03 billion, reflecting a 3.9% year-over-year growth [1] Earnings Estimates - Over the last 30 days, the consensus EPS estimate for the quarter has been revised upward by 1.1%, indicating analysts' reassessment of their initial forecasts [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3] Key Metrics Projections - Analysts estimate 'Net revenues- Imaging Systems and CAD/CAM Services' to be $208.31 million, representing a 3.7% increase from the previous year [5] - 'Net revenues- Clear Aligner' are forecasted to reach $825.06 million, indicating a year-over-year change of 3.9% [5] - The consensus for 'Clear Aligner Shipments' is projected at 655, compared to 629 in the same quarter last year [5] Stock Performance - Align Technology shares have recorded a return of +2.2% over the past month, outperforming the Zacks S&P 500 composite's +1.8% change [6] - With a Zacks Rank of 2 (Buy), ALGN is expected to outperform the overall market in the upcoming period [6]