A month has gone by since the last earnings report for Carvana (CVNA) . Shares have lost about 3.3% in that time frame, underperforming the S&P 500.But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Carvana due for a breakout? Well, first let's take a quick look at its latest earnings report in order to get a better handle on the recent drivers for Carvana Co. before we dive into how investors and analysts have reacted as of late.Carvan ...

Wayfair (W) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of +141.67%. A quarter ago, it was expected that this online home goods retailer would post a loss of $0.18 per share when it actually produced earnings of $0.1, delivering a surprise of +155.56%. Over the last four quarters, ...

Etsy (ETSY) came out with quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of -53.70%. A quarter ago, it was expected that this online crafts marketplace would post earnings of $0.5 per share when it actually produced earnings of $0.46, delivering a surprise of -8%. Over the last four quarters, the c ...

Core Viewpoint - TripAdvisor (TRIP) is positioned to potentially continue its earnings-beat streak, having a strong history of surpassing earnings estimates, particularly in the last two quarters with an average surprise of 111.43% [1][5]. Earnings Performance - For the most recent quarter, TripAdvisor was expected to report earnings of $0.14 per share but instead reported $0.05 per share, resulting in a surprise of 180.00% [2]. - In the previous quarter, the consensus estimate was $0.21 per share, while the actual earnings were $0.30 per share, leading to a surprise of 42.86% [2]. Earnings Estimates and Predictions - Recent estimates for TripAdvisor have been increasing, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5][8]. - The current Earnings ESP for TripAdvisor is +2.38%, suggesting that analysts have recently become more optimistic about the company's earnings prospects [8]. Zacks Rank and Predictive Power - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high probability of another earnings beat, with historical data indicating that stocks with this combination beat consensus estimates nearly 70% of the time [6][8]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7].

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps investors identify effective metrics for assessing momentum in stocks [2] Group 2: Groupon (GRPN) Performance - Groupon currently holds a Momentum Style Score of A and a Zacks Rank of 2 (Buy), indicating strong potential for outperformance [3][4] - Over the past week, GRPN shares increased by 7.52%, significantly outperforming the Zacks Internet - Commerce industry, which rose by only 0.12% [6] - In the last quarter, GRPN shares surged by 102.77%, and over the past year, they gained 125.16%, while the S&P 500 only increased by 8.73% and 13.86%, respectively [7] Group 3: Trading Volume and Earnings Outlook - GRPN's average 20-day trading volume is 1,637,182 shares, indicating a bullish trend when combined with rising stock prices [8] - Recent earnings estimate revisions for GRPN show a positive trend, with three estimates moving higher for the full year, raising the consensus estimate from -$0.34 to $0.30 [10] - The positive earnings outlook and strong price performance contribute to GRPN's status as a 2 (Buy) stock with a Momentum Score of A [12]

Core Insights - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] - The Zacks Momentum Style Score helps investors identify stocks with strong momentum, addressing the challenges of defining momentum [2] Company Overview: Groupon (GRPN) - Groupon currently holds a Momentum Style Score of B, indicating potential for solid momentum [3] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [4] Performance Metrics - Over the past week, GRPN shares increased by 2.88%, while the Zacks Internet - Commerce industry remained flat [6] - In the last month, GRPN's price change was 63.47%, significantly outperforming the industry's 3.89% [6] - Over the past quarter, GRPN shares surged by 176.38%, and gained 84.02% over the last year, compared to the S&P 500's -0.52% and 14.2% respectively [7] Trading Volume - GRPN's average 20-day trading volume is 1,764,950 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - Recent earnings estimate revisions for GRPN have been positive, with three estimates moving higher and none lower, raising the consensus estimate from -$0.14 to $0.20 over the past 60 days [10] - For the next fiscal year, two estimates have increased with no downward revisions, indicating a favorable earnings outlook [10] Conclusion - Considering the positive momentum indicators and earnings outlook, GRPN is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [12]