Zacks Oil and Gas - Integrated - International

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Will Exxon (XOM) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-04-23 17:15
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Exxon Mobil (XOM) , which belongs to the Zacks Oil and Gas - Integrated - International industry.This oil and natural gas company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 4.13%.For the last reported quarter, Exxon came out w ...
Why New Fortress Energy (NFE) is Poised to Beat Earnings Estimates Again
ZACKS· 2025-04-21 17:15
Core Insights - New Fortress Energy (NFE) has consistently surpassed earnings estimates, averaging a 258.33% beat over the last two quarters [1][2] - The company reported earnings of $0.13 per share for the last quarter, exceeding the Zacks Consensus Estimate of $0.06 per share by 116.67% [2] - In the previous quarter, NFE's earnings were $0.05 per share against an expectation of $0.01, resulting in a 400% surprise [2] Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for New Fortress Energy, with a positive Earnings ESP of +45.95%, indicating bullish sentiment among analysts [5][8] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat [5][8] - Historically, stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6] Earnings ESP Explanation - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7] - A positive Earnings ESP indicates that analysts have recently become more optimistic about the company's earnings prospects [8] - A negative Earnings ESP does not necessarily indicate an earnings miss but reduces the predictive power of the metric [8]