Within the past 30 days, our consensus EPS projection remained stagnant. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Our system takes these estimate changes into account and delivers a clear, actionable rating model. We developed the Zacks Rank to capitalize on this phenomenon. Our research shows that these estimate changes are directly correlated with near-term stock prices. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook. These revisions typically reflect the latest short-term business trends, which can change frequently. Investors should also note any recent changes to analyst estimates for Tecnoglass. ![]() These totals would mark changes of +25.9% and +19.71%, respectively, from last year. ![]() Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $4.18 per share and revenue of $857.83 million. ![]() Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $211.06 million, up 4.6% from the year-ago period. The company is expected to report EPS of $0.97, down 3.96% from the prior-year quarter. Investors will be hoping for strength from Tecnoglass as it approaches its next earnings release.
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