Have you ever been looking for a inventory that is perhaps well-positioned to keep up its earnings-beat streak in its upcoming report? It’s value contemplating Five9 (FIVN), which belongs to the Zacks Web – Software program trade.
This supplier of cloud-based software program to name facilities has seen a pleasant streak of beating earnings estimates, particularly when trying on the earlier two stories. The common shock for the final two quarters was 50%.
For the final reported quarter, Five9 got here out with earnings of $0.20 per share versus the Zacks Consensus Estimate of $0.15 per share, representing a shock of 33.33%. For the earlier quarter, the corporate was anticipated to submit earnings of $0.12 per share and it truly produced earnings of $0.20 per share, delivering a shock of 66.67%.
Worth and EPS Shock
Thanks partly to this historical past, there was a positive change in earnings estimates for Five9 recently. Actually, the Zacks Earnings ESP (Anticipated…