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.PodcastOne Announces Global Debut Of LaunchpadOne, Starting With Over 1,000 Podcasts, This Free Innovative Self-Serve Platform To Launch, Host, Distribute And Monetize Independent Podcasts 12:30pm, Thursday, 08'th Jul 2021 Benzinga Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Įmpirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. 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. Has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? Shares have added about 103.9% since the beginning of the year versus the S&P 500's gain of 3%. 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. The company has topped consensus revenue estimates just once over the last four quarters. This compares to year-ago revenues of $9.50 million. LiveXLive Media, Inc.Which belongs to the Zacks Audio Video Production industry, posted revenues of $10.51 million for the quarter ended June 2020, surpassing the Zacks Consensus Estimate by 0.64%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times. A quarter ago, it was expected that this company would post a loss of $0.16 per share when it actually produced a loss of $0.15, delivering a surprise of 6.25%. This quarterly report represents an earnings surprise of -8.33%. These figures are adjusted for non-recurring items. This compares to loss of $0.21 per share a year ago. (LIVX) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.12.

Livexlive media inc stock