![]() 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. This insight is at the core of our proprietary surprise prediction model - the Zacks Earnings ESP (Expected Surprise Prediction). Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.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 2.28% lower over the last 30 days to the current level. Revenues are expected to be $8.72 billion, up 32.9% from the year-ago quarter. This natural gas company is expected to post quarterly earnings of $6.87 per share in its upcoming report, which represents a year-over-year change of +687.2%. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability 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 23, 2023, might help the stock move higher if these key numbers are better than expectations. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. Wall Street expects a year-over-year increase in earnings on higher revenues when Cheniere Energy (LNG) reports results for the quarter ended December 2022.
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