ADT (ADT) Beats Q3 Earnings and Revenue Estimates

Core Insights - ADT reported quarterly earnings of $0.20 per share, exceeding the Zacks Consensus Estimate of$0.16 per share, and showing a significant increase from $0.08 per share a year ago, representing an earnings surprise of 25$1.24 billion for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 1.34%, with revenues remaining unchanged compared to the previous year [1] - ADT has surpassed consensus EPS estimates two times and revenue estimates two times over the last four quarters [1] Earnings Outlook - The future performance of ADT's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [2][3] - Current consensus EPS estimate for the upcoming quarter is $0.17 on revenues of$1.23 billion, while for the current fiscal year, the estimate is $0.66 on revenues of$4.87 billion [4] Industry Context - The Security and Safety Services industry, to which ADT belongs, is currently ranked in the bottom 38% of over 250 Zacks industries, indicating potential challenges for stock performance [5] - Another company in the same industry, Axon Enterprise, is expected to report quarterly earnings of $1.21 per share, reflecting a year-over-year increase of 18.6$526.43 million, up 27.3% from the previous year [5]