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Honeywell International (HON) Surges 8.9%: Is This an Indication of Further Gains?
ZACKS· 2025-04-10 12:40
Company Overview - Honeywell International Inc. (HON) shares increased by 8.9% to close at $199.10, following a period of 12.3% loss over the past four weeks, indicating a significant rebound in stock performance [1] - The stock's rally is supported by optimism regarding the Trump administration's announcement of a temporary halt on reciprocal tariffs for multiple countries, as well as a recent corporate update [2] Earnings Expectations - Honeywell is expected to report quarterly earnings of $2.21 per share, reflecting a year-over-year decline of 1.8%, while revenues are projected to be $9.58 billion, representing a 5.2% increase from the same quarter last year [3] - The consensus EPS estimate for Honeywell has remained unchanged over the last 30 days, suggesting that stock price movements may not sustain without trends in earnings estimate revisions [4] Industry Context - Honeywell operates within the Zacks Diversified Operations industry, where Griffon (GFF) also resides. GFF shares increased by 10% to $72.17, despite a -5% return over the past month [4] - Griffon's consensus EPS estimate has decreased by 0.1% to $1.13, which is a 16.3% decline compared to the previous year, and it currently holds a Zacks Rank of 1 (Strong Buy) [5]
Goldman (GS) Surges 11.8%: Is This an Indication of Further Gains?
ZACKS· 2025-04-10 11:40
Goldman Sachs (GS) shares soared 11.8% in the last trading session to close at $516.87. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 13% loss over the past four weeks.Goldman Sachs witnessed a strong price increase driven by the President Donald Trump's announcement on April 9, 2025, of a 90-day suspension of tariffs for most trading partners, excluding China. The tariff suspension eased immediate worries about escalating trad ...
Westport Innovations (WPRT) Reports Q4 Loss, Tops Revenue Estimates
ZACKS· 2025-03-31 12:25
Financial Performance - Westport Innovations reported a quarterly loss of $0.59 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.24, representing an earnings surprise of -145.83% [1] - The company posted revenues of $75.1 million for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 4.11%, but down from $87.2 million in the same quarter a year ago [2] - The current consensus EPS estimate for the upcoming quarter is -$0.33 on revenues of $71.88 million, and for the current fiscal year, it is -$0.63 on revenues of $295.01 million [7] Market Performance - Westport shares have increased by approximately 7.8% since the beginning of the year, contrasting with the S&P 500's decline of -5.1% [3] - The company's Zacks Rank is currently 3 (Hold), indicating that shares are expected to perform in line with the market in the near future [6] Industry Outlook - The Automotive - Original Equipment industry, to which Westport belongs, is currently ranked in the bottom 49% 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 Westport's stock performance [5]
JD.com, Inc. (JD) Just Overtook the 20-Day Moving Average
ZACKS· 2025-03-25 14:35
Group 1 - JD.com, Inc. has reached a significant support level and shows potential for investors from a technical perspective, having recently broken through the 20-day moving average, indicating a short-term bullish trend [1] - The 20-day simple moving average (SMA) is a popular trading tool that smooths out short-term price trends and provides trend reversal signals, with a price above the 20-day SMA indicating a positive trend [2] - JD has experienced an 8.3% rally over the past four weeks and currently holds a Zacks Rank 1 (Strong Buy), suggesting the possibility of further upward movement [3] Group 2 - The bullish outlook for JD is reinforced by positive earnings estimate revisions, with two upward revisions for the current fiscal year and no downward revisions, leading to an increase in the consensus estimate [3] - Investors are encouraged to consider adding JD to their watchlist due to the important technical indicator and the positive trend in earnings estimate revisions [4]
SoundThinking (SSTI) Surges 6.1%: Is This an Indication of Further Gains?
ZACKS· 2025-03-21 14:46
Company Overview - SoundThinking, Inc. (SSTI) shares increased by 6.1% to close at $18.54, with a notable trading volume that exceeded normal levels. The stock has gained 15.5% over the past four weeks [1][2]. Business Momentum - The recent rally in SoundThinking's stock is attributed to strong business momentum driven by high demand for its transformative solutions and strategic advisory services. A key factor is the renewal of its partnership with the New York City Police Department for law enforcement software and services [2]. Financial Expectations - The company is projected to report a quarterly loss of $0.06 per share, reflecting a year-over-year improvement of 73.9%. Expected revenues are $26.89 million, which is a 5.8% increase from the same quarter last year [3]. Earnings Estimate Revisions - The consensus EPS estimate for SoundThinking has been revised 53.1% higher in the last 30 days, indicating a positive trend that typically correlates with stock price appreciation. This suggests potential for further strength in the stock [4]. Industry Context - SoundThinking operates within the Zacks Security and Safety Services industry. In contrast, Alarm.com Holdings (ALRM), another company in the same sector, saw its stock decline by 3.9% to $56.94, with a negative return of 2.4% over the past month [4]. Competitor Analysis - Alarm.com has experienced a 3.5% downward revision in its consensus EPS estimate to $0.48, which is a 4% decrease compared to the previous year. Alarm.com currently holds a Zacks Rank of 3 (Hold) [5].
Strength Seen in SPS Commerce (SPSC): Can Its 5.2% Jump Turn into More Strength?
ZACKS· 2025-03-17 13:15
Company Overview - SPS Commerce (SPSC) shares increased by 5.2% to close at $129.43, following a period of 17.1% loss over the past four weeks, indicating a significant recovery backed by strong trading volume [1][2] Competitive Position - The company's recent stock price rise is attributed to a competitive product portfolio, enhanced collaboration with vendors, retailers, and grocers, as well as strategic acquisitions including Vision33's SAP Business One integration technology, Traverse Systems, and SupplyPike [2] Financial Performance Expectations - SPS Commerce is projected to report quarterly earnings of $0.85 per share, reflecting a year-over-year decline of 1.2%. Revenue is expected to reach $179.53 million, marking a 20% increase compared to the same quarter last year [3] Earnings Estimate Trends - The consensus EPS estimate for SPS Commerce has remained stable over the last 30 days, suggesting that the stock's price movement may not sustain without changes in earnings estimate revisions [4][5] Industry Context - SPS Commerce is part of the Zacks Business - Services industry, where another company, Crawford & Company B (CRD.B), experienced a 2.1% increase in stock price, closing at $10.56, despite a negative return of 11.3% over the past month [5][6]
What Makes Esco Technologies (ESE) a New Strong Buy Stock
ZACKS· 2025-03-13 17:14
Core Viewpoint - Esco Technologies (ESE) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook driven by rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system emphasizes the importance of earnings estimate revisions, which are strongly correlated with near-term stock price movements [4][6]. - For Esco Technologies, the consensus estimate for earnings per share (EPS) for the fiscal year ending September 2025 is projected at $5.70, reflecting a year-over-year increase of 36.4% [8]. Analyst Sentiment and Market Impact - Analysts have raised their earnings estimates for Esco Technologies, with the Zacks Consensus Estimate increasing by 18.8% over the past three months [8]. - The upgrade to Zacks Rank 1 positions Esco Technologies in the top 5% of Zacks-covered stocks, suggesting potential for significant price appreciation in the near term [10]. Zacks Rank System Overview - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a proven track record of Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7]. - The system maintains a balanced distribution of ratings, ensuring that only the top 20% of stocks are recognized for their superior earnings estimate revisions [9][10].
ABM Industries (ABM) Q1 Earnings and Revenues Surpass Estimates
ZACKS· 2025-03-12 13:10
Group 1: Earnings Performance - ABM Industries reported quarterly earnings of $0.87 per share, exceeding the Zacks Consensus Estimate of $0.78 per share, and showing a slight increase from $0.86 per share a year ago [1] - The earnings surprise for this quarter was 11.54%, following a previous quarter where the company also surpassed expectations with earnings of $0.90 per share against an estimate of $0.86, resulting in a surprise of 4.65% [2] - Over the last four quarters, ABM Industries has consistently surpassed consensus EPS estimates [2] Group 2: Revenue Performance - The company posted revenues of $2.11 billion for the quarter ended January 2025, which was 0.69% above the Zacks Consensus Estimate and an increase from $2.07 billion in the same quarter last year [3] - ABM Industries has also topped consensus revenue estimates in each of the last four quarters [3] Group 3: Stock Performance and Outlook - Since the beginning of the year, ABM Industries shares have declined by approximately 2.6%, while the S&P 500 has seen a decline of 5.3% [4] - The company's future stock performance will largely depend on management's commentary during the earnings call and the trends in earnings estimate revisions [4][5] - The current consensus EPS estimate for the upcoming quarter is $0.88 on revenues of $2.07 billion, and for the current fiscal year, it is $3.71 on revenues of $8.56 billion [8] Group 4: Industry Context - The Business - Services industry, to which ABM Industries belongs, is currently ranked in the bottom 32% of over 250 Zacks industries, indicating potential challenges ahead [9] - The performance of ABM Industries may also be influenced by the outlook for the industry as a whole, with research indicating that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [9]
Clear Secure (YOU) Recently Broke Out Above the 50-Day Moving Average
ZACKS· 2025-03-06 15:30
Core Viewpoint - Clear Secure (YOU) shows potential for a bullish trend after surpassing key technical resistance levels and experiencing positive earnings estimate revisions [1][2][3] Technical Analysis - YOU has recently surpassed the 50-day moving average, indicating a short-term bullish trend [1] - The stock has moved 8.6% higher over the last four weeks, suggesting momentum for further gains [2] Earnings Estimates - There have been three upward revisions in earnings estimates for the current fiscal year, with no downward revisions, reinforcing the bullish outlook [2] - The consensus earnings estimate has also increased, further supporting investor confidence in YOU's performance [2][3] Investment Sentiment - YOU is currently rated as a Zacks Rank 1 (Strong Buy), indicating strong investor interest and confidence in the stock [2]
Riskified (RSKD) Q4 Earnings Lag Estimates
ZACKS· 2025-03-05 14:00
Group 1: Earnings Performance - Riskified reported quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.08 per share, and down from $0.07 per share a year ago, representing an earnings surprise of -25% [1] - The company posted revenues of $93.53 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.71%, compared to year-ago revenues of $84.07 million [2] - Over the last four quarters, Riskified has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Group 2: Stock Performance and Outlook - Riskified shares have increased by approximately 7% since the beginning of the year, while the S&P 500 has declined by -1.8% [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 $0.04 on revenues of $77.29 million, and for the current fiscal year, it is $0.22 on revenues of $336.61 million [7] Group 3: Industry Context - The Internet - Software industry, to which Riskified belongs, is currently ranked in the bottom 48% of over 250 Zacks industries, indicating potential challenges [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor decisions [5]