zacks.com·2024-05-27 17:21Core Viewpoint - KE Holdings Inc. (BEKE) shows a significantly improving earnings outlook, making it a strong investment choice as analysts continue to raise earnings estimates [1][6] Earnings Estimates - Analysts have reached a strong consensus in raising earnings estimates for KE Holdings, leading to a notable increase in consensus estimates for the upcoming quarter and the full year [2] - For the current quarter, KE Holdings is expected to earn $0.31 per share, reflecting a year-over-year increase of +14.81% [4] - The Zacks Consensus Estimate for KE Holdings has risen by 7.32% over the last 30 days, with no negative revisions [4] Current-Year Estimate Revisions - For the full year, KE Holdings is projected to earn $1.09 per share, indicating a year-over-year decline of -5.22% [5] - There has been a positive trend in estimate revisions for the current year, with two estimates moving up and no negative revisions, resulting in a 6.49% increase in the consensus estimate [5] Zacks Rank - KE Holdings currently holds a Zacks Rank 1 (Strong Buy) due to favorable estimate revisions, which is a reliable indicator for investors [6] - Research indicates that stocks with Zacks Rank 1 and 2 significantly outperform the S&P 500 [6] Stock Performance - The stock has gained 12.3% over the past four weeks, driven by solid estimate revisions, suggesting potential for further price increases [7]