Atlanta Braves (BATRK) ZACKS·2024-10-30 15:07Core Viewpoint - The market anticipates Atlanta Braves Holdings (BATRK) to report a year-over-year increase in earnings driven by higher revenues for the quarter ending September 2024, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The consensus estimate for quarterly earnings is 301.09 million, which is an increase of 10.8% compared to the same quarter last year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 36.05%, indicating a reassessment by analysts [4]. - The Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +30% [10]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive reading indicates a likely earnings beat, particularly when combined with a strong Zacks Rank [8]. - However, Atlanta Braves Holdings currently holds a Zacks Rank of 4, complicating predictions of an earnings beat despite the positive Earnings ESP [10]. Historical Performance - In the last reported quarter, the company exceeded the expected earnings of 0.46, resulting in a surprise of +12.20% [11]. - Over the past four quarters, the company has only beaten consensus EPS estimates once [12]. Conclusion - While the company is not positioned as a compelling earnings-beat candidate, investors should consider various factors beyond earnings expectations when making investment decisions [15].