Published on 31 Oct 2022 on Zacks via Yahoo Finance

Benefitfocus (BNFT) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

Benefitfocus (BNFT) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended September 2022. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 7. On the other hand, if they miss, the stock may move lower.

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.