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Can RBB (RBB) Keep the Earnings Surprise Streak Alive?
RBBRBB(RBB) ZACKS·2024-07-19 17:16

For the last reported quarter, RBB came out with earnings of 0.43pershareversustheZacksConsensusEstimateof0.43 per share versus the Zacks Consensus Estimate of 0.35 per share, representing a surprise of 22.86%. For the previous quarter, the company was expected to post earnings of 0.35pershareanditactuallyproducedearningsof0.35 per share and it actually produced earnings of 0.43 per share, delivering a surprise of 22.86%. Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if th ...