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DHT Holdings (DHT) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -15.38%. A quarter ago, it was expected that this independent oil tanker company would post a loss of $0.11 per share when it actually produced a loss of $0.09, delivering a surprise of 18.18%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

DHT Holdings, which belongs to the Zacks Transportation – Shipping industry, posted revenues of $37.65 million for the quarter ended September 2021, missing the Zacks Consensus Estimate by 7.43%. This compares to year-ago revenues of $117.51 million. The company has topped consensus revenue estimates just once over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.

DHT Holdings shares have added about 26.4% since the beginning of the year versus the S&P 500’s gain of 22.8%.

What’s Next for DHT Holdings?

While DHT Holdings has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for DHT Holdings was unfavorable. While the magnitude and direction of estimate revisions could change following the company’s just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.02 on $65.33 million in revenues for the coming quarter and -$0.19 on $222.52 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Transportation – Shipping is currently in the top 30% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

5 Stocks Set to Double

Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>

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Exterran (EXTN) came out with a quarterly loss of $0.47 per share versus the Zacks Consensus Estimate of a loss of $0.82. This compares to loss of $0.48 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 42.68%. A quarter ago, it was expected that this provider of services for the oil and natural gas industry would post a loss of $0.67 per share when it actually produced a loss of $0.83, delivering a surprise of -23.88%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Exterran, which belongs to the Zacks Oil and Gas – Mechanical and and Equipment industry, posted revenues of $161.3 million for the quarter ended September 2021, missing the Zacks Consensus Estimate by 4.01%. This compares to year-ago revenues of $169.51 million. The company has not been able to beat consensus revenue estimates over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.

Exterran shares have lost about 1.4% since the beginning of the year versus the S&P 500’s gain of 22.8%.

What’s Next for Exterran?

While Exterran has underperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Exterran was favorable. While the magnitude and direction of estimate revisions could change following the company’s just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.56 on $203.4 million in revenues for the coming quarter and -$2.69 on $653.7 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Oil and Gas – Mechanical and and Equipment is currently in the bottom 28% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

5 Stocks Set to Double

Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
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Monroe Capital (MRCC) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.26 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 20%. A quarter ago, it was expected that this business development company would post earnings of $0.25 per share when it actually produced earnings of $0.25, delivering no surprise.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Monroe Capital, which belongs to the Zacks Financial – Investment Management industry, posted revenues of $15.21 million for the quarter ended September 2021, surpassing the Zacks Consensus Estimate by 19.45%. This compares to year-ago revenues of $13.39 million. The company has topped consensus revenue estimates just once over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.

Monroe Capital shares have added about 29% since the beginning of the year versus the S&P 500’s gain of 22.8%.

What’s Next for Monroe Capital?

While Monroe Capital has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Monroe Capital was mixed. While the magnitude and direction of estimate revisions could change following the company’s just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.25 on $13.23 million in revenues for the coming quarter and $1 on $51.54 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial – Investment Management is currently in the top 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

5 Stocks Set to Double

Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Monroe Capital Corporation (MRCC): Free Stock Analysis Report
 
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W&T Offshore (WTI) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.14 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this independent oil and gas company would post earnings of $0.09 per share when it actually produced earnings of $0.02, delivering a surprise of -77.78%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

W&T, which belongs to the Zacks Oil and Gas – Exploration and Production – United States industry, posted revenues of $133.95 million for the quarter ended September 2021, surpassing the Zacks Consensus Estimate by 14.73%. This compares to year-ago revenues of $72.52 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.

W&T shares have added about 98.2% since the beginning of the year versus the S&P 500’s gain of 22.8%.

What’s Next for W&T?

While W&T has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for W&T was mixed. While the magnitude and direction of estimate revisions could change following the company’s just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.05 on $145.46 million in revenues for the coming quarter and -$0.07 on $520.64 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Oil and Gas – Exploration and Production – United States is currently in the top 2% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

5 Stocks Set to Double

Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
W&T Offshore, Inc. (WTI): Free Stock Analysis Report
 
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You’re reading Entrepreneur United States, an international franchise of Entrepreneur Media. This story originally appeared on Zacks

Ryman Hospitality Properties (RHP) came out with quarterly funds from operations (FFO) of $0.94 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to loss of $1.09 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an FFO surprise of 17.50%. A quarter ago, it was expected that this hotel and resort real estate investment trust would post a loss of $0.51 per share when it actually produced a loss of $0.03, delivering a surprise of 94.12%.

Over the last four quarters, the company has surpassed consensus FFO estimates three times.

Ryman Hospitality Properties, which belongs to the Zacks REIT and Equity Trust – Other industry, posted revenues of $306.91 million for the quarter ended September 2021, surpassing the Zacks Consensus Estimate by 9.46%. This compares to year-ago revenues of $70.25 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management’s commentary on the earnings call.

Ryman Hospitality Properties shares have added about 26.2% since the beginning of the year versus the S&P 500’s gain of 22.6%.

What’s Next for Ryman Hospitality Properties?

While Ryman Hospitality Properties has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Ryman Hospitality Properties was favorable. While the magnitude and direction of estimate revisions could change following the company’s just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus FFO estimate is $1.14 on $340.53 million in revenues for the coming quarter and $0.87 on $879.58 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust – Other is currently in the top 32% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

The only question is “Will you get into the right stocks early when their growth potential is greatest?”

Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.

Download FREE: How to Profit from Trillions on Spending for Infrastructure >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
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Peloton PTON stock was an early coronavirus superstar and it went on a massive run until early 2021. Since then, the high-end, high-tech stationary bike company has fallen back to Earth amid shipment delays, product safety issues, and other Wall Street concerns.

Despite the fall, investors might want to consider buying beaten-down PTON stock with it set to release first quarter FY22 financial results on Thursday, November 4.

Home Workout Growth

Peloton sells different tiers of connected bikes and treadmills, starting at a recently-reduced $1,495 for the bike and $2,495 for the tread. The company also makes money from recurring subscription fees, which are crucial to its long-term success.

These include its $39 per month All-Access Memberships. Plus, consumers who don’t own PTON equipment can pay $12.99 a month for a digital membership that allows them to take classes for indoor cycling, running, strength, and more.

The firm is poised to grow for years as part of a broader connected fitness world that features Lululemon’s LULU Mirror, other up-and-coming players, and revamped legacy firms such NordicTrack. In fact, Apple AAPL is rolling out health-focused and fitness offerings.

Even as things return closer to normal, it’s unclear how quickly gyms will return to pre-covid levels. There is also no reason why many of Peloton’s wealthier customers won’t simply decide to do both down the road.

Peloton is also focused on other ways to expand its business. The company in April completed its purchase of commercial fitness firm Precor. The deal will improve its manufacturing and help it break into areas such as hotels and condo buildings. And it has a partnership with it UnitedHealthcare.

Other Fundamentals

PTON shares skyrocketed from under $30 in March 2020 to over $150 by early 2021. The stock then began to tumble as Wall Street sold overheated pandemic winners and stocks they worried would suffer in a reopened economy. On top of that, Peloton officially recalled on May 5 the Tread+ Treadmills “after one child death and 70 incidents; recall of tread treadmills due to risk of injury.”

PTON has dropped 40% in 2021 and 45% from its records. The stock began a short-lived comeback in early May after it fell below some key technical levels. And it’s popped 13% in the last month to close regular trading hours Monday at $92.83 a share.

Peloton stock is currently attempting to fight its way above its 50-day moving average. PTON also sits at neutral RSI levels of 50, even as many tech names reach overbought territory.

Investors should also note that the current Zacks consensus price target of $137.04 a share marks 47% upside to Peloton’s current levels. And the stock is trading right near its year-long lows at 4.7X forward 12-month sales, which represents a 50% discount vs. its highly ranked Leisure and Recreation Products (top 11% of over 250 Zacks industries).

Growth and Outlook

PTON’s fiscal 2020 sales soared 100% to $1.8 billion and its FY21 revenue skyrocketed another 120% to $4.0 billion (the firm went public in September 2019). The firm closed the year with over 2.33 million Connected Fitness Subscriptions, up 114% YoY. Meanwhile, its paid Digital Subscriptions grew 176% over 874K.

Zacks estimates call for its 2022 revenue to climb 34% to reach $5.37 billion, adding another $1.4 billion to the top-line, or more than its entire FY19 revenue. The home fitness power is then projected to grow its sales by another 25% to pull in $6.73 billion in FY23.

PTON is projected to report a larger adjusted loss this year of -$2.13 a share vs. -$0.64 in FY21. It is then projected to trim its adjusted loss to -$0.55 in FY23. Prior to its big miss last quarter, Peloton had crushed our quarterly EPS estimates.

Bottom Line

PTON currently lands a Zacks Rank #3 (Hold) and many investors might want to wait for its actual Q1 results and guidance before they consider hopping on Peloton. That said, Wall Street remains largely high on the beaten-down new-age home gym firm, with 14 of the 19 broker recommendations Zacks has at “Strong Buys,” with only one “Strong Sell.”

Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

The only question is “Will you get into the right stocks early when their growth potential is greatest?”

Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.

Download FREE: How to Profit from Trillions on Spending for Infrastructure >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
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Viemed Healthcare, Inc. (VMD) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -20%. A quarter ago, it was expected that this company would post earnings of $0.02 per share when it actually produced earnings of $0.04, delivering a surprise of 100%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Viemed Healthcare, Inc.Which belongs to the Zacks Medical – Products industry, posted revenues of $29.29 million for the quarter ended September 2021, surpassing the Zacks Consensus Estimate by 5.34%. This compares to year-ago revenues of $33.45 million. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.

Viemed Healthcare, Inc. Shares have lost about 26.2% since the beginning of the year versus the S&P 500’s gain of 22.6%.

What’s Next for Viemed Healthcare, Inc.

While Viemed Healthcare, Inc. Has underperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Viemed Healthcare, Inc. Was mixed. While the magnitude and direction of estimate revisions could change following the company’s just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.04 on $28.4 million in revenues for the coming quarter and $0.22 on $113.4 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical – Products is currently in the bottom 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

The only question is “Will you get into the right stocks early when their growth potential is greatest?”

Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.

Download FREE: How to Profit from Trillions on Spending for Infrastructure >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Viemed Healthcare, Inc. (VMD): Free Stock Analysis Report
 
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Rambus (RMBS) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 3.03%. A quarter ago, it was expected that this memory chip designer would post earnings of $0.31 per share when it actually produced earnings of $0.34, delivering a surprise of 9.68%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Rambus, which belongs to the Zacks Electronics – Semiconductors industry, posted revenues of $114.3 million for the quarter ended September 2021, surpassing the Zacks Consensus Estimate by 1.15%. This compares to year-ago revenues of $103.4 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.

Rambus shares have added about 33.3% since the beginning of the year versus the S&P 500’s gain of 22.6%.

What’s Next for Rambus?

While Rambus has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Rambus was mixed. While the magnitude and direction of estimate revisions could change following the company’s just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.36 on $120.86 million in revenues for the coming quarter and $1.33 on $447.06 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Electronics – Semiconductors is currently in the top 23% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

The only question is “Will you get into the right stocks early when their growth potential is greatest?”

Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.

Download FREE: How to Profit from Trillions on Spending for Infrastructure >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Rambus, Inc. (RMBS): Free Stock Analysis Report
 
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Otter Tail (OTTR) came out with quarterly earnings of $1.26 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $0.87 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this power company and manufacturer would post earnings of $0.55 per share when it actually produced earnings of $1.01, delivering a surprise of 83.64%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Otter Tail, which belongs to the Zacks Utility – Electric Power industry, posted revenues of $316.29 million for the quarter ended September 2021, surpassing the Zacks Consensus Estimate by 5.71%. This compares to year-ago revenues of $235.76 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.

Otter Tail shares have added about 45.5% since the beginning of the year versus the S&P 500’s gain of 22.6%.

What’s Next for Otter Tail?

While Otter Tail has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Otter Tail was favorable. While the magnitude and direction of estimate revisions could change following the company’s just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.73 on $275.5 million in revenues for the coming quarter and $3.58 on $1.12 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Utility – Electric Power is currently in the bottom 28% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

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Otter Tail Corporation (OTTR): Free Stock Analysis Report
 
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Investors seeking momentum may have Global X Lithium & Battery Tech ETF LIT on radar now. The fund recently hit a new 52-week high. Shares of LIT are up approximately 115.3% from their 52-week low of $42.69/share.

But could there be more gains ahead for this ETF? Let’s take a look at the fund and the near-term outlook to get a better idea of where it might be headed.

LIT In Focus

The underlying Solactive Global Lithium Index tracks the performance of the largest and most liquid listed companies that are active in the exploration and/ or mining of Lithium or the production of Lithium batteries. The fund charges 75 bps in fees.

Why The Move?

Lithium prices have been soaring on the back of heavy demand for lithium batteries, which is used in electric vehicles. With the electric vehicle maker Tesla’s popularity going higher, the fund LIT had every reason to jump.

More Gains Ahead?

The fund has a positive weighted alpha of 85.25. So, there is a decent outlook ahead for those who want to ride this surging ETF a shade further.

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Global X Lithium & Battery Tech ETF (LIT): ETF Research Reports
 
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