Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Working for Dominic Raab led some officials to have mental health crises, says union leader – UK politics live | Politics

    February 2, 2023

    4 High Yield Stocks Billionaires Can’t Stop Buying

    February 2, 2023

    Small Cap Value Report (Thu 2 Feb 2023) – PRV, PCIP, SFE, SCS, SDRY, JHD

    February 2, 2023
    Facebook Twitter Instagram
    Trending
    • Working for Dominic Raab led some officials to have mental health crises, says union leader – UK politics live | Politics
    • 4 High Yield Stocks Billionaires Can’t Stop Buying
    • Small Cap Value Report (Thu 2 Feb 2023) – PRV, PCIP, SFE, SCS, SDRY, JHD
    • USD 0.09 (USD 0.055 in Q2 2022)
    • Manufacturers Life Insurance Company cuts stake in Cathay General Bancorp (NASDAQ:CATY)
    • Ep. 520 — Tim Ryan – David Axelrod’s Ax File
    • Domestic Content Requirements of the Inflation Reduction Act: Basic Requirements, Qualification Analysis, and Lingering Questions
    • Israeli Attorney General Warns Netanyahu Not To Push Judicial Reforms
    Facebook Twitter Instagram YouTube
    PayDay Loans All OnlinePayDay Loans All Online
    • Home
    • Earnings

      USD 0.09 (USD 0.055 in Q2 2022)

      February 2, 2023

      Saudi Arabia leads Gulf stock exchanges on weak earnings, Dubai rises

      February 2, 2023

      Deutsche Bank Earnings Soar, 3rd Consecutive Annual Profit

      February 2, 2023

      Mesa Airlines Group (MESA) Announces Quarterly Results Thursday

      February 2, 2023

      ABB sees strong start to 2023 after beating fourth quarter earnings forecast

      February 2, 2023
    • FTA

      Domestic Content Requirements of the Inflation Reduction Act: Basic Requirements, Qualification Analysis, and Lingering Questions

      February 2, 2023

      Exclusive: Foreign media have exaggerated the circumstances following cracks found in a local Chinese-built hydroelectric plant: Chinese embassy in Ecuador

      February 2, 2023

      $384 million in grants available to modernize ferry services

      February 2, 2023

      NEXCOM’s 5G Fronthaul Edge Device Verified with PTP SyncE Accuracy

      February 2, 2023

      Budget for FY2023: Import tariffs on compound rubber will be raised

      February 1, 2023
    • General

      Manufacturers Life Insurance Company cuts stake in Cathay General Bancorp (NASDAQ:CATY)

      February 2, 2023

      Israeli Attorney General Warns Netanyahu Not To Push Judicial Reforms

      February 2, 2023

      Biden’s chief surgeon wants social media age limits, but not gender care. Where’s the adults?

      February 2, 2023

      Digital Cooperation Organization (DCO) to host 2nd General Assembly in Riyadh

      February 2, 2023

      South Kingstown Dollar General Store building sold for $2.3 million

      February 2, 2023
    • Investing

      4 High Yield Stocks Billionaires Can’t Stop Buying

      February 2, 2023

      SKF invests $68 million in Mexico plant

      February 2, 2023

      Bed Bath & Beyond is going around the drain

      February 2, 2023

      Why S&P 500 Bears Keep Making Mistakes

      February 2, 2023

      Valley students teaching financial literacy to younger generations

      February 2, 2023
    • Politics

      Working for Dominic Raab led some officials to have mental health crises, says union leader – UK politics live | Politics

      February 2, 2023

      Ep. 520 — Tim Ryan – David Axelrod’s Ax File

      February 2, 2023

      Sue Lani Madsen: Roanoke Conference Will Revitalize State Conservative Politics

      February 2, 2023

      AOC, other politicians paid thousands of campaign funds to foreign agents in China

      February 2, 2023

      Bookman: Newt Gingrich is the Father of Today’s Compromise Is Surrender Republican Politics

      February 2, 2023
    • RWL

      Understanding the Mentoring Relationship Between Mentees, Peers, and Senior Mentors | BMC Medical Education

      January 31, 2023

      i am a personal trainer. Here’s why you need to exercise less to lose weight.

      January 29, 2023

      i am a personal trainer. Here’s why you need to exercise less to lose weight.

      January 29, 2023

      i am a personal trainer. Here’s why you need to exercise less to lose weight.

      January 29, 2023

      i am a personal trainer. Here’s why you need to exercise less to lose weight.

      January 29, 2023
    • Small Cap

      Small Cap Value Report (Thu 2 Feb 2023) – PRV, PCIP, SFE, SCS, SDRY, JHD

      February 2, 2023

      Is Halozyme Therapeutics (HALO) a growth stock to invest in?

      February 2, 2023

      Losing 45% in two weeks, this small-cap bears the brunt of Tick’s plunge!

      February 2, 2023

      Market Live: Small Cap Index Outperforms. Zuari Agro up 15%, KPIT Tech up 8%

      February 2, 2023

      LIVE Stock Market Update: Indexes Fall Amid Volatility.Small caps outperform, Adani stocks under pressure

      February 2, 2023
    PayDay Loans All OnlinePayDay Loans All Online
    Home » Earnings Preview: SonoTek Corporation (SOTK) Expects Lower Third Quarter Earnings – Jan 4, 2023
    Earnings

    Earnings Preview: SonoTek Corporation (SOTK) Expects Lower Third Quarter Earnings – Jan 4, 2023

    paydayloansallonline_110na0By paydayloansallonline_110na0January 4, 2023No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    The market is SonoTek Corporation (SOTK – Free report) shows a year-over-year decline in earnings due to lower earnings when reporting results for the quarter ended November 2022. Its short-term stock price is how actual results compare to those estimates.

    If those key numbers are better than expected, the earnings report could help the stock price rise. Conversely, if you miss it, the stock price may fall.

    The sustainability of immediate price volatility and future earnings projections is highly dependent on management’s discussion of business conditions on earnings calls, but it’s worth handicapping the potential for a positive EPS surprise.

    Sachs’ Consensus Estimation

    The company is expected to post quarterly earnings of $0.01 per share in its next report, representing a -50% change year-over-year.

    Revenue is expected to be $3.9 million, down 11.8% from the year-ago quarter.

    Estimated Modified Trend

    Consensus EPS estimates for the quarter were revised down 50% to current levels over the past 30 days. This essentially reflects how the covering analysts collectively reassessed their original estimates for this period.

    Investors should be aware that aggregated changes may not necessarily reflect the direction of revisions to estimates by each of the analysts covered.

    Earnings whisper

    By revising forecasts before a company announces its financial results, it becomes a clue to know the economy during the period when financial results are announced. Our proprietary surprise prediction model, Zacks Earnings ESP (Expected Surprise Prediction), is based on this insight.

    Zacks Earnings ESP compares the most accurate estimate to the quarterly Zacks Consensus estimate. The Most Accurate Estimate is the latest version of the Zacks Consensus EPS Estimate. The idea here is that analysts who revise their estimates just before the earnings release have the most up-to-date information. This may be more accurate than previously predicted by analysts and others contributing to the consensus.

    Therefore, positive or negative earnings ESP readings theoretically indicate a high probability of real earnings from the consensus estimate. However, the predictive power of the model is significant only for positive ESP measures.

    A positive earnings ESP is a strong predictor of earnings beats, especially when combined with Zacks ranks 1 (strong buy), 2 (buy), or 3 (hold). Our research shows that this combination of stocks creates a positive surprise almost 70% of the time, and a solid Zacks rank actually increases the predictive power of the Earnings ESP.

    Note that a negative Earnings ESP number does not indicate a loss of revenue. Our research shows that it is difficult to predict profits with any degree of confidence for stocks with a negative Earnings ESP and/or a Zacks Rank of 4 (sell) or 5 (strong sell). It has been.

    How were SonoTek Corporation’s numbers shaped?

    For SonoTek Corporation, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views that differ from what has been considered to derive a consensus estimate. Earnings ESP is now 0%.

    On the other hand, the stock is currently ranked 3rd in the Zacks rank.

    Therefore, this combination makes it difficult to ultimately predict that SonoTek Corporation will exceed the consensus EPS estimate.

    Does the earnings surprise history hold any clues?

    Analysts often consider how well a company has been able to match consensus estimates in the past when calculating future earnings estimates. Therefore, it’s worth looking at the history of surprises to gauge their impact on future numbers.

    For its last reported quarter, Sonotek Corporation was expected to post earnings of $0.01 per share, even though it actually posted earnings of $0.01, which should come as no surprise.

    The company has failed to beat the consensus EPS forecast in any of the last four quarters.

    Conclusion

    Increases or decreases in earnings may not be the only reason a stock price rises or falls. Many stocks end up falling despite their strong performance due to other factors that disappoint investors. Similarly, unexpected catalysts have seen many stocks rise despite failing to generate earnings.

    That said, betting on stocks that are expected to outperform earnings expectations increases your odds of success. This is why it’s worth checking out the company’s Earnings ESP and Zacks Rank ahead of each quarterly release. Take advantage of the Earnings ESP filter to find the best stocks to buy or sell before they’re reported. .

    Sonotec Corporation does not appear to be a strong revenue contender. However, investors should also pay attention to other factors to bet on this stock or stay away from it before the earnings announcement.

    Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    paydayloansallonline_110na0
    • Website

    Related Posts

    USD 0.09 (USD 0.055 in Q2 2022)

    February 2, 2023

    Saudi Arabia leads Gulf stock exchanges on weak earnings, Dubai rises

    February 2, 2023

    Deutsche Bank Earnings Soar, 3rd Consecutive Annual Profit

    February 2, 2023

    Leave A Reply Cancel Reply

    Our Picks

    Working for Dominic Raab led some officials to have mental health crises, says union leader – UK politics live | Politics

    February 2, 2023

    4 High Yield Stocks Billionaires Can’t Stop Buying

    February 2, 2023

    Small Cap Value Report (Thu 2 Feb 2023) – PRV, PCIP, SFE, SCS, SDRY, JHD

    February 2, 2023

    USD 0.09 (USD 0.055 in Q2 2022)

    February 2, 2023
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss

    Working for Dominic Raab led some officials to have mental health crises, says union leader – UK politics live | Politics

    By paydayloansallonline_110na0February 2, 20230

    Working for Raab led some officials to have mental health crises, says leader of civil…

    4 High Yield Stocks Billionaires Can’t Stop Buying

    February 2, 2023

    Small Cap Value Report (Thu 2 Feb 2023) – PRV, PCIP, SFE, SCS, SDRY, JHD

    February 2, 2023

    USD 0.09 (USD 0.055 in Q2 2022)

    February 2, 2023
    About Us

    This website provides information about FTA and other things. Keep Supporting Us With the Latest News and we Will Provide the Best Of Our To Makes You Updated All Around The World News. Keep Sporting US.

    Our Picks

    Noise-Cancelling Headphones For a Superb Music Experience

    January 15, 2020

    Harry Potter: 10 Things Dursleys That Make No Sense

    January 15, 2020

    Dubai-Based Yacht Company is Offering Socially-Distanced Luxury

    January 15, 2020

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Facebook Twitter Instagram Pinterest
    • Home
    • DMCA
    • Privacy Policy
    • Contact us
    © 2023 paydayloansallonline. Designed by paydayloansallonline.

    Type above and press Enter to search. Press Esc to cancel.