Core Viewpoint - The market anticipates a year-over-year decline in earnings for Impinj (PI) due to lower revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Impinj is expected to report quarterly earnings of $0.71 per share, reflecting a year-over-year decrease of 14.5%, with revenues projected at $93.97 million, down 8.3% from the previous year [3]. - The earnings report is scheduled for July 30, and better-than-expected results could lead to a stock price increase, while missing estimates may result in a decline [2]. Estimate Revisions - The consensus EPS estimate has been revised 100% lower in the last 30 days, indicating a collective reassessment by analysts [4]. - The Most Accurate Estimate for Impinj is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.94%, suggesting bearish sentiment among analysts [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, particularly when combined with a favorable Zacks Rank [10]. - Impinj currently holds a Zacks Rank of 4, making it challenging to predict an earnings beat [12]. Historical Performance - In the last reported quarter, Impinj exceeded expectations by delivering earnings of $0.21 per share against an expected $0.09, resulting in a surprise of +133.33% [13]. - Over the past four quarters, the company has consistently beaten consensus EPS estimates [14]. Conclusion - While Impinj does not appear to be a strong candidate for an earnings beat, investors should consider other factors influencing stock performance ahead of the earnings release [17].