Analysts Estimate RBB (RBB) to Report a Decline in Earnings: What to Look Out for

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for RBB due to lower revenues, with actual results being crucial for near-term stock price movements [1][2]. Earnings Expectations - RBB is expected to report quarterly earnings of $0.36 per share, reflecting a year-over-year decrease of 16.3$28.18 million, down 14.8% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 2.19% lower in the last 30 days, indicating a reassessment by analysts [4]. - A negative Earnings ESP of -1.69% suggests analysts have become bearish on RBB's earnings prospects [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict earnings deviations, but its predictive power is significant mainly for positive readings [7][8]. - RBB's current Zacks Rank is 4, making it challenging to predict an earnings beat [11]. Historical Performance - RBB has beaten consensus EPS estimates in the last four quarters, with a recent surprise of +2.63% [12][13]. Conclusion - RBB does not appear to be a strong candidate for an earnings beat, and investors should consider other factors before making decisions [16].