Skyworks Q1 Earnings Top Estimates: Will 2Q25 Outlook Drag Shares Down?

DoorDash DASH is set to release its fourth-quarter 2024 results on Feb. 11.

The Zacks Consensus Estimate for earnings is pegged at 34 cents per share, which remained unchanged in the past 30 days. DASH reported a loss of 39 cents per share in the year-ago quarter.

Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.

The Zacks Consensus Estimate for revenues is currently pegged at $2.83 billion, suggesting a 22.97% increase year over year. 

DoorDash, Inc. Price and EPS Surprise

DoorDash, Inc. price-eps-surprise | DoorDash, Inc. Quote

The company’s earnings surpassed the Zacks Consensus Estimate in two of the trailing four quarters while missing it twice, with a negative average surprise of 86.19%.

Let’s see how things have shaped up for this announcement:

Factors to Note

DoorDash’s fourth-quarter 2024 performance is expected to have benefited from strong total orders and Marketplace GOV, enhanced logistics efficiency and an increasing contribution from advertising.

For fourth-quarter 2024, the company anticipates Marketplace GOV in the range of $20.6-$21 billion. The Zacks Consensus Estimate for fourth-quarter Marketplace GOV is pegged at $20.93 billion, suggesting 18.65% year-over-year growth.

DoorDash has reported strong consumer demand, particularly in digital and omnichannel experiences. The trend of increasing digital orders, especially in restaurants and grocery segments, is likely to have contributed positively to the to-be-reported quarter.

DoorDash’s expanding partner network, namely Eataly, El Super and Fiesta Mart, to broaden the reach of on-demand grocery delivery across multiple regions is expected to have boosted total orders growth in the to-be-reported quarter.

In the third quarter, total orders increased 18% year over year to 643 million. The Zacks Consensus Estimate for fourth-quarter total orders is pegged at $675 million, suggesting 17.5% year-over-year growth. 

DoorDash’s growing efforts to expand its grocery offerings, improve user experience and increase DashPass adoption and the retention of customers are expected to have boosted growth in the grocery category in the to-be-reported quarter.

The subscription service, DashPass, has reached an all-time high in subscribers. This growth is expected to have enhanced customer loyalty and increased order frequency in the fourth quarter.

Increasing monthly active users with strong contributions from domestic and international markets is expected to have aided DASH’s top-line growth.

However, DoorDash is facing extensive competition in its largest business category, the local food delivery logistics, which is expected to have hurt top-line growth in the to-be-reported quarter.

What Our Model Says

Per the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That’s the exact case here.

DoorDash has an Earnings ESP of +20.79% and a Zacks Rank #2 at present. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Other Stocks to Consider

Here are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings in their upcoming releases:

Akamai Technologies AKAM currently has an Earnings ESP of +0.09% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

Akamai Technologies shares have lost 19.6% in the trailing 12 months. AKAM is set to report its fourth-quarter 2024 results on Feb. 20.

Yelp YELP presently has an Earnings ESP of +12.87% and a Zacks Rank #3.

Yelp shares have plunged 9.5% in the trailing 12 months. YELP is set to report its fourth-quarter 2024 results on Feb. 13.

Twilio TWLO has an Earnings ESP of +3.28% and a Zacks Rank #1.

Twilio shares have appreciated 111.1% in the trailing 12 months. TWLO is set to report its fourth-quarter 2024 results on Feb. 13.

Zacks Investment Research

Cognizant Technology Solutions CTSH reported non-GAAP earnings of $1.21 per share in fourth-quarter 2024, which beat the Zacks Consensus Estimate by 8.04% and increased 2.5% year over year.

Find the latest EPS estimates and surprises on Zacks Earnings Calendar.

Revenues of $5.08 billion beat the consensus mark by 0.49%. The top line increased 6.8% year over year and 6.7% at constant currency (cc). This was driven by strong demand for digital transformation services, AI integration, and sector-specific offerings.Acquisitions contributed 450 basis points (bps) to top-line growth.

On a trailing 12-month basis, bookings increased 3% year over year to $27.1 billion, which represented a book-to-bill of approximately 1.4 times. The company secured 10 large deals during the quarter, up from seven in the previous year, bringing the total to 29 large deals for the year.

Cognizant Technology Solutions Corporation Price, Consensus and EPS Surprise

Cognizant Technology Solutions Corporation price-consensus-eps-surprise-chart | Cognizant Technology Solutions Corporation Quote

Cognizant deepened its AI capabilities with over 1,200 Generative AI engagements across multiple clients.

CTSH’s shares have underperformed the Zacks Computer & Technology sector in the trailing six-month period. The stock has gained 15.1%, while the broader sector has appreciated 18.5%. We believe the raised guidance will help CTSH stock recover.

CTSH’s Top-Line Details

Financial services revenues (28.2% of revenues) increased 2.9% year over year (up 2.8% at cc) to $1.435 billion. The growth is primarily driven by improved discretionary spending and strong execution.

Health Sciences revenues (30.3% of revenues) increased 10.4% year over year (up 10.4% at cc) to $1.541 billion. The growth is driven by strong offerings and recent large deal wins. The TriZetto platform, which processes two-thirds of U.S. healthcare claims, remained a key driver as payers and providers sought digital modernization.

Cognizant’s comprehensive service suite for health sciences clients, including patient engagement platforms and AI-driven claims processing, boosted growth.

Products and Resources revenues (25.5% of revenues) increased 11.3% year over year (up 11.3% at cc) to $1.29 billion.

Communications, Media and Technology revenues (16% of revenues) were $811 million, which increased 0.9% from the year-ago quarter (up 0.4% at cc).

Region-wise, revenues from North America increased 8.3% year over year and 8.4% at cc and contributed 75.2% to total revenues.

Revenues from Europe increased 2.3% year over year (up 1.3% at cc) and contributed 18.5% to total revenues. Revenues from the U.K. declined 0.7% year over year (down 3.1% at cc). Continental Europe revenues increased 5.1% year over year (up 5.6% at cc).

The Rest of the World revenues increased 3.5% year over year (up 3.9% at cc) and contributed 6.3% to total revenues.

CTSH’s Operating Details

Selling, general & administrative expenses, as a percentage of revenues, expanded 10 bps year over year to 16.6%.

Total headcount at the end of the fourth quarter was 336,800 compared with 340,100 in the previous quarter.

Voluntary attrition - Tech Services on a trailing-12-month basis increased to 15.9% from 13.8% for the period ended Dec. 31, 2023.

Cognizant reported a GAAP operating margin of 14.8%, contracting 40 bps on a year-over-year basis.

The company incurred $49 million in costs related to the NextGen program, negatively impacting the GAAP operating margin by 90 bps.

Non-GAAP operating margin (adjusted for NextGen charges) of 15.7% contracted 30 bps year over year.

CTSH’s Balance Sheet

CTSH had cash and short-term investments of $2.24 billion as of Dec. 31, 2024, compared with $2.02 billion as of Sept. 30, 2024.

As of Dec. 31, 2024, the company had a total debt of $908 million, down from $1.2 billion reported as of Sept. 30, 2024.

The company generated $920 million in cash from operations compared with $847 million in the previous quarter.

Free cash flow was $837 million compared with $791 million reported in the prior quarter.

CTSH Initiates Strong 2025 Guidance

Cognizant expects first-quarter 2025 revenues between $5 billion and $5.1 billion, indicating growth of 5.6%-7.1% and an increase of 6.5%-8% on a cc basis.

For 2025, revenues are expected to be in the range of $20.3-$20.8 billion, indicating an increase of 2.6-5.1% on a reported basis and growth of 3.5%-6% on a cc basis.

Adjusted operating margin for 2025 is expected to be approximately 15.5% to 15.7% (an increase of 20 to 40 basis points).

Adjusted earnings per share for 2025 are expected to be between $4.90 and $5.06.

CTSH’s Zacks Rank & Stocks to Consider

CTSH currently carries a Zacks Rank #3 (Hold).

Akamai Technologies AKAM, Bel Fuse BELFB and Arista Network ANET are some better-ranked stocks that investors can consider in the broader sector. While ANET sports Zacks Rank #1 (Strong Buy), AKAM and BELFB carry Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

Akami Technologies shares have gained 9.3% in the trailing six-month period. AKAM is set to report its fourth-quarter 2024 results on Feb. 20.

Bel Fuse shares have gained 30.7% in the trailing six-month period. BELFB is set to report its fourth-quarter 2024 results on Feb. 18.

Arista Network shares have gained 43% in the trailing six-month period. ANET is set to report its fourth-quarter 2024 results on Feb. 18.

Zacks Investment Research

Qualcomm Incorporated QCOM reported strong first-quarter fiscal 2025 results, with adjusted earnings and revenues beating the respective Zacks Consensus Estimate, driven by healthy demand trends in Android handsets and automotive businesses. Both metrics improved year over year, led by the strength of the business model, revenue diversification and the ability to respond proactively to the evolving market scenario.

Find the latest EPS estimates and surprises on Zacks Earnings Calendar.

Net Income

On a GAAP basis, net income in the December quarter improved to $3.18 billion or $2.83 per share from $2.77 billion or $2.46 per share in the prior-year quarter. The increase was attributable to top-line growth.

Quarterly non-GAAP net income came in at $3.83 billion or $3.41 per share compared with $3.1 billion or $2.75 per share in the year-ago quarter. The bottom line beat the Zacks Consensus Estimate by 48 cents.

QUALCOMM Incorporated Price, Consensus and EPS Surprise

QUALCOMM Incorporated price-consensus-eps-surprise-chart | QUALCOMM Incorporated Quote

Revenues

On a GAAP basis, total revenues in the fiscal first quarter were record high at $11.67 billion, up from $9.94 billion in the year-ago quarter. The quarterly revenues beat the consensus mark of $10.89 billion. Qualcomm registered record automotive revenues for the sixth consecutive quarter owing to solid momentum in the Snapdragon Digital Chassis platform. Strength within the handset and industrial Internet of Things (IoT) businesses also buoyed the top line.

Segment Results

Quarterly revenues from Qualcomm CDMA Technologies (QCT) were record high at $10.08 billion, up from $8.42 billion a year ago, as strength in the automotive platform and higher demand in handsets, along with normalization of channel inventory within the IoT business, aided the top-line growth. The company witnessed solid market traction in the EDGE networking business that helps transform connectivity in cars, business enterprises, homes, smart factories, next-generation PCs, wearables and tablets.

Automotive revenues rose 61% to a record high of $961 million, driven by increased content in new vehicle launches with its Snapdragon Digital Chassis platform, with automakers deploying high-performance, low-power computing and connectivity chips to bring next-generation experience to consumers. Handset revenues jumped 13% to an all-time high of $7.57 billion, led by healthy traction in premium Android handsets. IoT revenues were up 36% to $1.55 billion on new product launches and channel inventory normalization. EBT margin for the QCT segment rose to 32% from 31%.

Qualcomm Technology Licensing (QTL) revenues totaled $1.54 billion, up 5% year over year, as it remained the industry's most extensive licensing program of cellular essential patents. EBT margin improved to 75% from 74%.

Cash Flow & Liquidity

Qualcomm generated $4.59 billion of net cash from operating activities in the first quarter of fiscal 2025 compared with $2.95 billion a year ago. As of Dec. 29, 2024, the company had $8.71 billion in cash and cash equivalents and $13.21 billion of long-term debt. The company repurchased 11 million shares for $1.8 billion during the quarter.

Q2 Guidance

For the second quarter of fiscal 2025, Qualcomm expects GAAP revenues of $10.3-$11.5 billion due to market stabilization, recovery in market demand and portfolio strength. Non-GAAP earnings are projected to be $2.70-$2.90 per share, while GAAP earnings are likely to be $2.38-$2.58 per share. Revenues from QTL are expected to be between $1.25 billion and $1.45 billion. For QCT, the company anticipates revenues between $8.9 billion and $9.5 billion, with 10% growth in handset revenues, about a 15% rise in IoT and a 50% improvement in automotive revenues.

Zacks Rank

Qualcomm currently has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Upcoming Releases

Arista Networks Inc. ANET is scheduled to release fourth-quarter 2024 earnings on Feb.18. The Zacks Consensus Estimate for earnings is pegged at 57 cents per share, suggesting a growth of 9.6% from the year-ago reported figure.

Arista has a long-term earnings growth expectation of 17.1%. ANET delivered an average earnings surprise of 14.8% in the last four reported quarters.

Akamai Technologies, Inc. AKAM is slated to release fourth-quarter 2024 earnings on Feb. 20. The Zacks Consensus Estimate for earnings is pegged at $1.52 per share, indicating a decline of 10.1% from the year-ago reported figure.

Akamai has a long-term earnings growth expectation of 6.1%. AKAM delivered an average earnings surprise of 2.7% in the last four reported quarters.

Workday, Inc. WDAY is slated to release fourth-quarter fiscal 2025 earnings on Feb 25. The Zacks Consensus Estimate for earnings is pegged at $1.74 per share, indicating growth of 10.8% from the year-ago reported figure.

Workday has a long-term earnings growth expectation of 21%. WDAY delivered an average earnings surprise of 9.3% in the last four reported quarters.

Zacks Investment Research

Dayforce DAY reported fourth-quarter 2024 earnings of 60 cents per share, which beat the Zacks Consensus Estimate by 30.43% and rose 20% year over year.

Find the latest EPS estimates and surprises on Zacks Earnings Calendar.

Revenues of $465.2 million beat the Zacks Consensus Estimate by 2.19% and increased 16.4% on a constant currency basis.

DAY raised its first-quarter 2025 guidance following the robust fourth-quarter performance, which bodes well for investors. DAY shares have appreciated 36.7% over the trailing six-month period, outperforming the Zacks Computer & Technology sector’s return of 18.5%.

Dayforce, Inc. Price, Consensus and EPS Surprise

Dayforce, Inc. price-consensus-eps-surprise-chart | Dayforce, Inc. Quote

DAY’s Top-line Details

In the fourth quarter of 2024, Recurring revenue (84.6% of total revenues) increased 16.1% year over year to $393.7 million. Recurring revenue includes Dayforce recurring revenue and Powerpay recurring revenue.

Dayforce played a significant role, generating $347.9 million in recurring revenue, representing a 19.1% increase on a constant currency basis. Excluding float revenue, Dayforce’s recurring revenue totaled $307.6 million, reflecting a robust 20% growth, or 20.4% on a constant currency basis.

Dayforce achieved recurring revenue per customer of $163,101 in the trailing 12 months ended Dec. 31 2024, reflecting an impressive year-over-year increase of 11.1%.

Powerpay’s recurring revenue reached $27.5 million, marking a 2.1% year-over-year decline. Excluding float revenue, Powerpay’s recurring revenue remained steady at $23.1 million compared to the previous year.

As of Dec. 31, 2024, the number of live customers on the Dayforce platform reached 6,876, representing an increase of 146 customers since Sept. 30, 2024, and year-over-year growth of 483 customers, or 7.6%, compared to Dec. 31, 2023.

As of Dec. 31, 2024, Dayforce had 7.62 million global employees live on its platform, reflecting an 11.4% increase compared with 6.84 million employees as of Dec. 31, 2023.

Professional Services and Other (15.4% of total revenues) increased 18% year over year to $71.5 million.

DAY’s Operating Details

In the reported quarter, gross profit rose 28.7% year over year to $218.6 million. The gross margin expanded 450 basis points to 47%. Adjusted Cloud recurring gross margin was 80.4% compared with 78.1%, an increase of 2.3% year over year.

In the fourth quarter of 2024, Selling and Marketing expenses were $93.5 million (20.1% of total revenues), up 28.6% year over year.

In the reported quarter, General and Administrative expenses were $96.6 million (20.8% of total revenues), up 65.7% year over year.

Adjusted EBITDA was $129.2 million, higher than the year-ago quarter’s figure of $99.2 million. Adjusted EBITDA margin was 27.8% compared with 24.8%, an increase of 3% year over year.

In the fourth quarter of 2024, the adjusted operating profit was $103.3 million, higher than the $78.9 million reported in the year-ago quarter. Operating margin was 22.2% in the reported quarter, expanding 250 bps year over year.

DAY Balance Sheet & Cash Flow

As of Dec. 31, 2024, cash and cash equivalents were $579.7 million compared with $494.1 million as of Sept. 30, 2024.

In the fiscal fourth quarter, the company reported cash provided by operating activities of $281 million, up from $200 million in the prior quarter.

Free cash flow was $171.5 million compared with $117.3 million reported in the previous quarter. The free cash flow margin in the fiscal fourth quarter was 9.7%.

DAY Initiated 1Q25 Guidance

For the first quarter of 2025, DAY expects total revenues, excluding float, in the range of $421 million-$427 million, an increase of approximately 13.5% to 15% on a GAAP basis or approximately 15.5% to 17% on a constant currency basis.

The company expects float revenues of $53 million in the first quarter of 2025.

Adjusted EBITDA margin is expected to be between 31% and 32%.

DAY’s Zacks Rank & Stocks to Consider

Currently, DAY has a Zacks Rank #4 (Sell). 

Akamai Technologies AKAM, Bel Fuse BELFB and Arista Network ANET are some better-ranked stocks that investors can consider in the broader sector. While ANET sports Zacks Rank #1 (Strong Buy), AKAM and BELFB carry Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

Akami Technologies shares have plunged 19.7% in the trailing six-month period. AKAM is set to report its fourth-quarter 2024 results on Feb. 20.

Bel Fuse shares have gained 20.6% in the trailing six-month period. BELFB is set to report its fourth-quarter 2024 results on Feb. 18.

Arista Network shares have gained 69.7% in the trailing six-month period. ANET is set to report its fourth-quarter 2024 results on Feb. 18.

Zacks Investment Research

Fair Isaac FICO reported first-quarter fiscal 2025 earnings of $5.79 per share, which missed the Zacks Consensus Estimate by 6.76% but rose 20.4% year over year.

Find the latest EPS estimates and surprises on Zacks Earnings Calendar.

Revenues of $440 million increased 15.2% on a year-over-year basis but lagged the consensus mark by 3.25%. The Americas, EMEA and Asia Pacific contributed 87%, 8% and 5% to total revenues, respectively.

FICO raised its fiscal 2025 guidance following the robust fiscal first-quarter performance, which bodes well for investors. FICO shares have appreciated 43.7% over the trailing six-month period, outperforming the Zacks Computer & Technology sector’s return of 23.6%.

Fair Isaac Corporation Price, Consensus and EPS Surprise

Fair Isaac Corporation price-consensus-eps-surprise-chart | Fair Isaac Corporation Quote

FICO’s Top-Line Details

Software revenues, which include Fair Isaac’s analytics and digital decisioning technology, as well as associated professional services, increased 8% year over year to $204.3 million. 

Software Annual Recurring Revenues (ARR) increased 6% year over year, consisting of 20% platform ARR growth and 1% growth in non-platform. Software Dollar-Based Net Retention Rate was 105% in the fiscal first quarter, with platform software at 112% and non-platform software at 100%.

On-premises and SaaS Software (42.3% of revenues) increased 10.3% year over year to $186 million. Professional services (4.2% of revenues) were $18.3 million, down 14.1% year over year. 

Scores (53.6% of revenues) increased 22.7% year over year to $235.7 million. Scores include FICO’s business-to-business (B2B) scoring solutions and business-to-consumer (B2C) scoring solutions.

B2B revenues increased 30% year over year, driven primarily by higher unit prices and an increase in the volume of mortgage originations. B2C revenues increased 3% year over year due to increased revenues from indirect channel partners.

Mortgage originations revenues surged 110% year over year. It accounted for 44% of B2B revenues and 34% of total scores revenues. Auto originations revenues increased 5% year over year. Credit card and personal loan revenues declined 3% year over year.

In the first quarter of fiscal 2025, FICO experienced continued customer adoption, particularly for FICO Score 10 T in mortgage origination. The company also signed new customers and increased adoption from existing ones, enhancing its leadership in the mortgage industry.

FICO’s Operating Details

Research & development expenses, as a percentage of revenues, contracted 90 basis points (bps) on a year-over-year basis to 10.3%.

Selling, general and administrative expenses, as a percentage of revenues, increased 180 bps year over year to 29.1%.

Operating margin was 40.8% in the reported quarter, expanding 120 bps year over year.

FICO’s Balance Sheet & Cash Flow

As of Dec. 31, 2024, FICO had $184 million in cash and cash equivalents, and total debt was $2.4 billion. In comparison, as of Sept. 30, 2024, FICO had $151 million in cash and cash equivalents and total debt of $2.2 billion.

Cash flow from operations was $194 million in the fiscal first quarter compared with $226.4 million in the previous quarter. Free cash flow was $187 million compared with $219.4 million reported in the prior quarter.

In the fiscal first quarter, FICO repurchased 79K shares.

FICO Initiated Fiscal 2025 Guidance

For fiscal 2025, FICO anticipates revenues of $1.98 billion.

Non-GAAP earnings are projected to be $28.58 per share.

FICO’s Zacks Rank & Stocks to Consider

Currently, FICO has a Zacks Rank #3 (Hold). 

Akamai Technologies AKAM, Bel Fuse BELFB and Arista Network ANET are some better-ranked stocks that investors can consider in the broader sector. While ANET sports Zacks Rank #1 (Strong Buy), AKAM and BELFB carry Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

Akami Technologies shares have plunged 19.7% in the trailing six-month period. AKAM is set to report its fourth-quarter 2024 results on Feb. 20.

Bel Fuse shares have gained 20.6% in the trailing six-month period. BELFB is set to report its fourth-quarter 2024 results on Feb. 18.

Arista Network shares have gained 69.7% in the trailing six-month period. ANET is set to report its fourth-quarter 2024 results on Feb. 18.

Zacks Investment Research

Take-Two Interactive Software TTWO is set to report third-quarter fiscal 2025 results on Feb. 6.

Find the latest EPS estimates and surprises on Zacks Earnings Calendar.

For the third quarter of fiscal 2025, Take-Two expects GAAP net revenues between $1.36 billion and $1.41 billion. It anticipates a GAAP net loss per share of $1.01-$1.15.

The Zacks Consensus Estimate for TTWO’s fiscal third-quarter revenues is pegged at $1.38 billion, indicating growth of 3.37% on a year-over-year basis.

The consensus mark for earnings is currently pegged at 57 cents per share, down by a penny over the past seven days, and indicating a year-over-year decline of 19.72%.

TTWO beat the Zacks Consensus Estimate for earnings in three of the trailing four quarters and missed once, the average surprise being 199.65%.

Take-Two Interactive Software, Inc. Price and EPS Surprise

Take-Two Interactive Software, Inc. price-eps-surprise | Take-Two Interactive Software, Inc. Quote

Let’s see how things have shaped up for this announcement.

Factors to Consider

TTWO’s fiscal third-quarter performance is expected to have benefited from the robust performance of its flagship franchises. Grand Theft Auto V has been exceeding expectations, while Red Dead Redemption 2 remains a bestseller, ranking in the top 10 six years post-release. NBA 2K25 has been achieving exceptional ratings, showcasing TTWO’s ability to innovate and engage audiences.

Mobile gaming is also expected to have significantly contributed to TTWO’s top-line growth in the to-be-reported quarter, driven by popular Zynga titles like Game of Thrones: Legends, Star Wars: Hunters, Match Factory! and FarmVille, and strong monetization efforts in hyper-casual gaming.

However, stiff competition from the industry giants like Electronic Arts and Activision is expected to have hurt TTWO’s fiscal third-quarter results. Macroeconomic uncertainties and sensitivity in consumer spending, particularly in mobile gaming and recurrent revenue streams, are also expected to have negatively impacted TTWO’s top-line growth.

TTWO has also been facing headwinds in its advertising segment, with a massive 30.1% decline in advertising revenues in the second quarter of fiscal 2025. This trend is expected to have continued in the to-be-reported quarter.

TTWO’s fiscal third-quarter operating expenses are also expected to grow due to increased marketing for Match Factory! and the acquisition of Gearbox Entertainment. In the second quarter of fiscal 2025, operating expenses increased 6.88% to $1.03 billion.

What Our Model Says

Per the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here.

Take-Two Interactive Software has an Earnings ESP of -20.47% and a Zacks Rank #4 (Sell) at present. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Stocks to Consider

Here are a few other companies worth considering, as our model shows that these have the right combination of elements to beat on earnings in their upcoming releases:

Akamai Technologies AKAM currently has an Earnings ESP of +0.09% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

Akamai Technologies shares have lost 21.3% in the trailing 12 months. AKAM is set to report its fourth-quarter 2024 results on Feb. 20.

AMETEK AME presently has an Earnings ESP of +0.54% and a Zacks Rank #2.

AMETEK shares have gained 10.3% in the trailing 12 months. AME is set to report its fourth-quarter 2024 results on Feb. 4.

DoorDash DASH has an Earnings ESP of +22.50% and a Zacks Rank #2.

DoorDash shares have appreciated 76.6% in the trailing 12 months. DASH is set to report its fourth-quarter 2024 results on Feb. 11.

Zacks Investment Research