#Gross beat buy free

The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. Our proprietary surprise prediction model - the Zacks Earnings ESP (Expected Surprise Prediction) - has this insight at its core. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.Įstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. The consensus EPS estimate for the quarter has been revised 3.57% lower over the last 30 days to the current level. Revenues are expected to be $875.84 million, up 7.6% from the year-ago quarter. This publisher of 'Grand Theft Auto' and other video games is expected to post quarterly earnings of $1.13 per share in its upcoming report, which represents a year-over-year change of -9.6%. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. On the other hand, if they miss, the stock may move lower. The earnings report, which is expected to be released on February 7, 2022, might help the stock move higher if these key numbers are better than expectations. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

#Gross beat buy free

Take-Two Interactive ( TTWO Quick Quote TTWO - Free Report) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2021.