I have made the mistake of thinking that a financial plan is designed for the future and only requires a few things.
So, the shares are expected to outperform the market in the near future. The most obvious example of a successful financial strategy is the one that is built into the financial plan. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.Īhead of this earnings release, the estimate revisions trend for Energous: favorable. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Įmpirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. While Energous has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.Įnergous shares have lost about 54.8% since the beginning of the year versus the S&P 500's gain of 7.3%. The company has topped consensus revenue estimates just once over the last four quarters. This compares to year-ago revenues of $0.22 million.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.Įnergous, which belongs to the Zacks Manufacturing - Electronics industry, posted revenues of $0.1 million for the quarter ended March 2023, missing the Zacks Consensus Estimate by 35.33%. Get league-wide NFL coverage at Touchdown Wire and your latest. Watt said on Ben Roethlisberger’s podcast that he. Watt thinks the pieces are in place for a big year in Pittsburgh. Bosa was named one of the top non-QB building block players in the NFL. Mon, Jun 19, 2023, 4:47 AM EDT Steelers outside linebacker T.J. (WTS) stock quote, history, news and other vital information to help you with your stock trading and. Nick Bosa is 49ers most important non-QB building block. These figures are adjusted for non-recurring items.Ī quarter ago, it was expected that this maker of wire-free charging technology would post a loss of $0.07 per share when it actually produced a loss of $0.07, delivering no surprise. Find the latest Watts Water Technologies, Inc. This compares to loss of $0.08 per share a year ago. Energous (WATT) came out with a quarterly loss of $0.07 per share in line with the Zacks Consensus Estimate.
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