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Why GE Vernova (GEV) is Poised to Beat Earnings Estimates Again
ZACKS· 2025-10-06 17:11
Core Viewpoint - GE Vernova (GEV) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of exceeding expectations [1][6]. Earnings Performance - GE Vernova has a solid track record of surpassing earnings estimates, with an average surprise of 59.24% over the last two quarters [2]. - In the most recent quarter, GE Vernova reported earnings of $1.6 per share against an expectation of $1.86, resulting in a surprise of 16.25% [3]. - For the previous quarter, the consensus estimate was $0.45 per share, while the actual earnings were $0.91 per share, leading to a surprise of 102.22% [3]. Earnings Estimates and Predictions - Recent estimates for GE Vernova have been trending upward, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [6][9]. - The current Earnings ESP for GE Vernova is +7.11%, suggesting that analysts have become more optimistic about the company's earnings prospects [9]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) indicates a high probability of another earnings beat [9]. Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [7]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [8].
Constellation Energy Corporation (CEG) Up 11.7% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-06-05 16:37
Core Viewpoint - Constellation Energy Corporation (CEG) has seen its shares increase by approximately 11.7% over the past month, outperforming the S&P 500, raising questions about the sustainability of this positive trend leading up to the next earnings release [1] Earnings Estimates - Fresh estimates for Constellation Energy Corporation have shown an upward trend over the past two months [2] VGM Scores - Constellation Energy Corporation currently holds an average Growth Score of C, a Momentum Score of B, and a Value Score of C, resulting in an aggregate VGM Score of C, indicating a middle-tier position in investment strategy [3] Outlook - The company has a Zacks Rank of 3 (Hold), suggesting an expectation of in-line returns from the stock in the upcoming months [4] Industry Performance - Constellation Energy Corporation is part of the Zacks Alternative Energy - Other industry, where TC Energy (TRP) has gained 0.6% over the past month. TC Energy reported revenues of $2.52 billion for the quarter ended March 2025, reflecting a year-over-year decline of 19.8% [5] - TC Energy is projected to post earnings of $0.58 per share for the current quarter, indicating a year-over-year change of -15.9%, with a Zacks Consensus Estimate change of +0.3% over the last 30 days, also holding a Zacks Rank of 3 (Hold) and a VGM Score of C [6]
Will Excelerate Energy (EE) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-04-23 17:15
Core Viewpoint - Excelerate Energy is positioned well to continue its streak of beating earnings estimates, having consistently exceeded expectations in recent quarters [1][2]. Group 1: Earnings Performance - For the most recent quarter, Excelerate Energy reported earnings of $0.40 per share, surpassing the expected $0.32 per share, resulting in a surprise of 25% [2]. - In the previous quarter, the company reported $0.35 per share against an expectation of $0.32 per share, achieving a surprise of 9.38% [2]. - The average surprise for the last two quarters was 17.19% [1]. Group 2: Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Excelerate Energy, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5][8]. - The current Earnings ESP for Excelerate Energy is +1.84%, suggesting analysts have recently become more optimistic about the company's earnings prospects [8]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6]. Group 3: Zacks Rank and Future Outlook - Excelerate Energy holds a Zacks Rank of 1 (Strong Buy), which, combined with its positive Earnings ESP, indicates a high probability of another earnings beat [8]. - The next earnings report for Excelerate Energy is expected to be released on May 7, 2025 [8].