Published on 26 Oct 2023 on Zacks via Yahoo Finance
Is a Surprise Coming for Anterix (ATEX) This Earnings Season?
Investors are always looking for stocks that are poised to beat at earnings season and Anterix Inc. ATEX may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Anterix is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some favorable trends underneath the surface for ATEX in this report.In fact, the Most Accurate Estimate for the current quarter is currently at a loss of 51 cents per share for ATEX, compared to a broader Zacks Consensus Estimate of a loss of 58 cents per share. This suggests that analysts have very recently bumped up their estimates for ATEX, giving the stock a Zacks Earnings ESP of +12.57% heading into earnings season.
Anterix Inc. Price and EPS Surprise
