Will Aptiv (APTV) Beat Estimates Again in Its Next Earnings Report?
AptivAptiv(US:APTV) Zacks Investment Research·2024-04-03 17:16

Core Insights - Aptiv PLC has a strong track record of beating earnings estimates, with an average surprise of 8.43% over the last two quarters [1] - The most recent earnings report showed Aptiv earning $1.40 per share against an expectation of $1.29, resulting in a surprise of 8.53% [1] - The previous quarter also exceeded expectations, with actual earnings of $1.30 per share compared to a consensus estimate of $1.20, leading to a surprise of 8.33% [1] Earnings Estimates and Predictions - Earnings estimates for Aptiv have been trending higher, influenced by its history of earnings surprises [2] - The stock has a positive Zacks Earnings ESP of +3.90%, indicating recent bullish sentiment among analysts regarding its earnings prospects [3] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with historical data showing nearly 70% success in similar cases [2][3] Upcoming Earnings Report - Aptiv's next earnings report is anticipated to be released on May 2, 2024 [3]