ADT (ADT) Matches Q2 Earnings Estimates

Core Insights - ADT reported quarterly earnings of $0.17 per share, matching the Zacks Consensus Estimate, and showing a slight increase from $0.16 per share a year ago [1] - The company's revenues for the quarter were $1.21 billion, which missed the Zacks Consensus Estimate by 1.57% and decreased from $1.59 billion year-over-year [1] - ADT has surpassed consensus EPS estimates two times over the last four quarters, while it has only topped revenue estimates once in the same period [1] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.18, with expected revenues of $1.23 billion, and for the current fiscal year, the consensus EPS is $0.70 on revenues of $4.89 billion [4] - The estimate revisions trend for ADT is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [4] Industry Context - The Security and Safety Services industry, to which ADT belongs, is currently ranked in the top 37% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [5] - Alarm.com Holdings, another company in the same industry, is expected to report quarterly earnings of $0.49 per share, with revenues projected at $226.78 million, reflecting a 1.3% increase from the previous year [5][6]