Earnings estimate revisions
Search documents
Can DLocal (DLO) Run Higher on Rising Earnings Estimates?
ZACKS· 2025-06-09 17:20
Core Viewpoint - DLocal (DLO) shows a promising earnings outlook, with analysts raising their earnings estimates, indicating potential for continued stock momentum [1][2]. Estimate Revisions - The upward trend in earnings estimate revisions reflects growing analyst optimism about DLocal's earnings prospects, which is expected to positively impact its stock price [2]. - For the current quarter, DLocal is projected to earn $0.15 per share, unchanged from the previous year, but the Zacks Consensus Estimate has increased by 16% over the last 30 days, with no negative revisions [6]. - For the full year, the expected earnings per share is $0.62, representing a year-over-year increase of 21.57%, with three estimates moving higher recently and no negative revisions [7]. Zacks Rank - DLocal currently holds a Zacks Rank 2 (Buy), indicating strong agreement among analysts in raising earnings estimates, which historically correlates with stock performance [8]. - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have shown significant outperformance compared to the S&P 500 [8]. Stock Performance - DLocal's stock has gained 13.9% over the past four weeks, driven by solid estimate revisions, suggesting that its earnings growth prospects may lead to further stock price increases [9].
Why Credo Technology Group (CRDO) Might be Well Poised for a Surge
ZACKS· 2025-06-09 17:20
Core Viewpoint - Credo Technology Group Holding Ltd. (CRDO) shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise earnings estimates for the company [1][2]. Earnings Estimate Revisions - The upward trend in earnings estimate revisions indicates growing analyst optimism regarding the company's earnings prospects, which is expected to positively impact its stock price [2]. - The consensus earnings estimate for the current quarter has increased to $0.35 per share, reflecting a remarkable change of +775% year-over-year, with a 36.75% increase over the last 30 days [5]. - For the full year, the expected earnings per share is $1.48, representing a year-over-year increase of +111.43%, with a 43.33% rise in consensus estimates over the past month [6][7]. Zacks Rank and Performance - Credo Technology Group has achieved a Zacks Rank 1 (Strong Buy), indicating strong potential for outperformance based on favorable estimate revisions [8]. - Stocks with a Zacks Rank 1 and 2 have historically outperformed the S&P 500, suggesting a positive outlook for Credo Technology Group [8]. Stock Performance - The shares of Credo Technology Group have increased by 43.6% over the past four weeks, indicating strong investor confidence in the company's earnings growth prospects [9].
What Makes Commvault (CVLT) a New Strong Buy Stock
ZACKS· 2025-06-09 17:06
Core Viewpoint - Commvault Systems (CVLT) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook driven by an upward trend in earnings estimates [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of changing earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Rising earnings estimates for Commvault suggest an improvement in the company's underlying business, which could lead to higher stock prices as investors respond positively [5][10]. Recent Earnings Estimate Revisions - For the fiscal year ending March 2026, Commvault is expected to earn $4.11 per share, reflecting a 12.6% increase from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for Commvault has increased by 7.6%, indicating a positive trend in earnings expectations [8]. Zacks Rank System Overview - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 5% receiving a 'Strong Buy' rating [7][9]. - The upgrade of Commvault to a Zacks Rank 1 positions it among the top 5% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].
Trupanion (TRUP) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2025-06-09 17:01
Core Viewpoint - Trupanion (TRUP) has received a Zacks Rank 2 (Buy) upgrade, indicating a positive outlook driven by rising earnings estimates, which significantly influence stock prices [1][2][4]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of changing earnings estimates in determining stock price movements, making it a valuable tool for investors [2][3]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in stock price movements [3]. Trupanion's Earnings Outlook - For the fiscal year ending December 2025, Trupanion is projected to earn $0.07 per share, reflecting a 130.4% increase from the previous year [7]. - Over the past three months, the Zacks Consensus Estimate for Trupanion has risen by 16.7%, indicating a positive trend in earnings expectations [7]. Zacks Rank System - The Zacks Rank system classifies stocks based on earnings estimates into five groups, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [6]. - Trupanion's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [9].
Byrna Technologies (BYRN) Surges 18.0%: Is This an Indication of Further Gains?
ZACKS· 2025-06-09 15:06
Byrna Technologies Inc. - Byrna Technologies Inc. (BYRN) shares increased by 18% to $31.35 in the last trading session, with a higher-than-average trading volume [1] - The stock has gained 17.4% over the past four weeks, driven by record-setting revenue expectations announced in the company's 2Q25 preliminary results, reflecting a 41% year-over-year increase [1] - The consensus EPS estimate for the upcoming report is $0.04 per share, indicating a year-over-year decline of 69.2%, while revenues are expected to reach $26 million, up 28.3% from the previous year [2] - The consensus EPS estimate has remained unchanged over the last 30 days, suggesting that the stock's price movement may not sustain without earnings estimate revisions [3] - Byrna Technologies holds a Zacks Rank of 2 (Buy), indicating positive sentiment towards the stock [3] Parsons Corporation - Parsons Corporation (PSN) finished the last trading session 1.5% higher at $69.07, with a 6.3% return over the past month [3] - The consensus EPS estimate for Parsons has remained unchanged at $0.84, showing no change compared to the previous year [4] - Parsons currently has a Zacks Rank of 4 (Sell), indicating a less favorable outlook compared to Byrna Technologies [4]
Wall Street Analysts See a 46.32% Upside in BILL Holdings (BILL): Can the Stock Really Move This High?
ZACKS· 2025-06-09 15:01
Group 1 - BILL Holdings (BILL) shares have increased by 2% over the past four weeks, closing at $45.62, with a mean price target of $66.75 indicating a potential upside of 46.3% [1] - The average of 24 short-term price targets ranges from a low of $40 to a high of $120, with a standard deviation of $20.19, suggesting variability in analyst estimates [2] - Analysts show a consensus that BILL will report better earnings than previously estimated, which is a positive indicator for potential stock upside [4][11] Group 2 - The Zacks Consensus Estimate for BILL's current year earnings has increased by 103.8% over the last 30 days, with seven estimates moving higher and no negative revisions [12] - BILL holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [13] - While price targets may not be reliable indicators of stock gains, the direction implied by these targets appears to be a good guide for potential price movement [13]
All You Need to Know About SentinelOne (S) Rating Upgrade to Buy
ZACKS· 2025-06-06 17:01
Core Viewpoint - SentinelOne has been upgraded to a Zacks Rank 2 (Buy), indicating a positive shift in earnings estimates which is a significant factor influencing stock prices [1][2]. Earnings Estimates and Stock Price Movement - The Zacks rating system highlights the correlation between changes in earnings estimates and stock price movements, making it a valuable tool for investors [2][3]. - Institutional investors often rely on earnings estimates to determine a company's fair value, leading to stock price fluctuations based on these estimates [3]. SentinelOne's Earnings Outlook - The upgrade reflects an improvement in SentinelOne's underlying business, with rising earnings estimates expected to drive the stock price higher [4]. - Analysts predict that SentinelOne will earn $0.19 per share for the fiscal year ending January 2026, representing a year-over-year increase of 280% [7]. Zacks Rank System - The Zacks Rank system categorizes stocks based on earnings estimates, with a proven track record of Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [6]. - The system maintains a balanced distribution of ratings, ensuring that only the top 20% of stocks receive a 'Strong Buy' or 'Buy' rating, indicating superior earnings estimate revisions [8][9]. Recent Performance of SentinelOne - Over the past three months, the Zacks Consensus Estimate for SentinelOne has increased by 4.8%, reflecting a positive trend in earnings expectations [7][9].
Virco Manufacturing Corporation (VIRC) Reports Q1 Loss, Misses Revenue Estimates
ZACKS· 2025-06-06 14:46
Group 1: Earnings Performance - Virco Manufacturing Corporation reported a quarterly loss of $0.01 per share, outperforming the Zacks Consensus Estimate of a loss of $0.13, compared to earnings of $0.13 per share a year ago, representing an earnings surprise of 92.31% [1] - The company posted revenues of $33.75 million for the quarter ended April 2025, missing the Zacks Consensus Estimate by 17.87%, and down from $46.74 million year-over-year [2] - Over the last four quarters, the company has surpassed consensus EPS estimates two times [2] Group 2: Stock Performance and Outlook - Virco Manufacturing shares have declined approximately 19.9% since the beginning of the year, while the S&P 500 has gained 1% [3] - The current consensus EPS estimate for the upcoming quarter is $0.81 on revenues of $113.8 million, and $0.79 on revenues of $270.5 million for the current fiscal year [7] - The estimate revisions trend for Virco Manufacturing is currently unfavorable, resulting in a Zacks Rank 5 (Strong Sell) for the stock, indicating expected underperformance in the near future [6] Group 3: Industry Context - The Furniture industry, to which Virco Manufacturing belongs, is currently ranked in the bottom 22% of over 250 Zacks industries, suggesting a challenging environment [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor sentiment [5]
Manchester United (MANU) Reports Q3 Loss, Misses Revenue Estimates
ZACKS· 2025-06-06 13:16
Financial Performance - Manchester United reported a quarterly loss of $0.04 per share, significantly better than the Zacks Consensus Estimate of a loss of $0.33, and an improvement from a loss of $0.31 per share a year ago, resulting in an earnings surprise of 87.88% [1] - The company posted revenues of $202.17 million for the quarter ended March 2025, slightly missing the Zacks Consensus Estimate by 0.15%, but showing an increase from year-ago revenues of $173.36 million [2] - Over the last four quarters, Manchester United has surpassed consensus EPS estimates four times, but has only topped consensus revenue estimates once [2] Stock Performance and Outlook - Manchester United shares have declined approximately 20.4% since the beginning of the year, contrasting with the S&P 500's gain of 1% [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the earnings outlook [4][6] - The current consensus EPS estimate for the upcoming quarter is -$0.25 on revenues of $210.02 million, and for the current fiscal year, it is -$0.74 on revenues of $842.59 million [7] Industry Context - The Leisure and Recreation Services industry, to which Manchester United belongs, is currently ranked in the top 38% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Zumiez (ZUMZ) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-06-05 22:26
Financial Performance - Zumiez reported a quarterly loss of $0.79 per share, slightly worse than the Zacks Consensus Estimate of a loss of $0.77, but an improvement from a loss of $0.86 per share a year ago [1] - The company posted revenues of $184.34 million for the quarter ended April 2025, exceeding the Zacks Consensus Estimate by 0.99% and up from $177.39 million year-over-year [2] - Over the last four quarters, Zumiez has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Performance - Zumiez shares have declined approximately 34.4% since the beginning of the year, contrasting with the S&P 500's gain of 1.5% [3] - The current Zacks Rank for Zumiez is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.06 on revenues of $211.02 million, and for the current fiscal year, it is $0.24 on revenues of $900.58 million [7] - The estimate revisions trend for Zumiez is mixed, and changes in earnings expectations may occur following the recent earnings report [6] Industry Context - The Retail - Apparel and Shoes industry, to which Zumiez belongs, is currently ranked in the bottom 42% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Zumiez's stock performance [5]