Click to get this free reportīackblaze, Inc. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Rekor Systems, Inc.'s revenues are expected to be $6.28 million, up 73.8% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 9.4% lower over the last 30 days to the current level. This company is expected to post quarterly loss of $0.20 per share in its upcoming report, which represents a year-over-year change of +23.1%. The results are expected to be released on May 15. (REKR), has yet to report results for the quarter ended March 2023. 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.Īnother stock from the same industry, Rekor Systems, Inc. In terms of the Zacks Industry Rank, Internet - Software is currently in the top 35% of the 250 plus Zacks industries. 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. 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. 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 underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? Downdetector only reports an incident when the number of problem reports is significantly higher. It is common for some problems to be reported throughout the day. This chart shows a view of problem reports submitted in the past 24 hours compared to the typical volume of reports by time of day. Shares have lost about 32% since the beginning of the year versus the S&P 500's gain of 7.8%. Backblaze outages reported in the last 24 hours. 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.īackblaze, Inc. The company has topped consensus revenue estimates four times over the last four quarters. To redeem a prepaid or gift code, follow these steps: Note Prepaid cod. Easily connect Active Directory to Backblaze. This compares to year-ago revenues of $19.49 million. Secure access to Backblaze with OneLogin. , which belongs to the Zacks Internet - Software industry, posted revenues of $23.39 million for the quarter ended March 2023, surpassing the Zacks Consensus Estimate by 0.61%. Over the last four quarters, the company has surpassed consensus EPS estimates four times.īackblaze, Inc. A quarter ago, it was expected that this company would post a loss of $0.28 per share when it actually produced a loss of $0.27, delivering a surprise of 3.57%. This quarterly report represents an earnings surprise of 10.34%. These figures are adjusted for non-recurring items. This compares to loss of $0.41 per share a year ago. (BLZE) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of a loss of $0.29.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |