Aktien in diesem Artikel
Indizes in diesem Artikel
IAA (IAA) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 24.53%. A quarter ago, it was expected that this company would post earnings of $0.61 per share when it actually produced earnings of $0.61, delivering no surprise.Over the last four quarters, the company has surpassed consensus EPS estimates two times.IAA, which belongs to the Zacks Automotive - Domestic industry, posted revenues of $557.6 million for the quarter ended March 2022, surpassing the Zacks Consensus Estimate by 4.10%. This compares to year-ago revenues of $423.5 million. The company has topped consensus revenue estimates four times over the last four quarters.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.IAA shares have lost about 35.3% since the beginning of the year versus the S&P 500's decline of -16.3%.What's Next for IAA?While IAA has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?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. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. 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.Ahead of this earnings release, the estimate revisions trend for IAA: mixed. 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 #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.57 on $527.8 million in revenues for the coming quarter and $2.30 on $2.1 billion in revenues for the current fiscal year.Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Automotive - Domestic is currently in the bottom 34% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.One other stock from the same industry, Blue Bird (BLBD), is yet to report results for the quarter ended March 2022. The results are expected to be released on May 12.This school bus maker is expected to post quarterly loss of $0.07 per share in its upcoming report, which represents a year-over-year change of -240%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.Blue Bird's revenues are expected to be $155 million, down 5.9% from the year-ago quarter.Bitcoin, Like the Internet Itself, Could Change Everything Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report IAA, Inc. (IAA): Free Stock Analysis Report Blue Bird Corporation (BLBD): Free Stock Analysis Report To read this article on Zacks.com click here.Weiter zum vollständigen Artikel bei "Zacks"
Ausgewählte Hebelprodukte auf AUDI AG
Mit Knock-outs können spekulative Anleger überproportional an Kursbewegungen partizipieren. Wählen Sie einfach den gewünschten Hebel und wir zeigen Ihnen passende Open-End Produkte auf AUDI AG