Earnings Estimates Rising for Brainsway (BWAY): Will It Gain?

Core Viewpoint - Brainsway Ltd. Sponsored ADR (BWAY) shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise earnings estimates for the company [1][3]. Current-Quarter Estimate Revisions - The company is projected to earn $0.03 per share for the current quarter, reflecting a year-over-year increase of +200% [4]. - Over the past 30 days, there has been one upward revision in estimates with no negative revisions, leading to a 250% increase in the Zacks Consensus Estimate [4]. Current-Year Estimate Revisions - For the full year, Brainsway is expected to earn$ 0.08 per share, indicating a year-over-year change of +130.77% [5]. - The trend for current-year estimates is positive, with one estimate moving higher and no negative revisions, resulting in a 67.57% increase in the consensus estimate [5]. Favorable Zacks Rank - The positive estimate revisions have earned Brainsway a Zacks Rank 1 (Strong Buy), indicating strong potential for outperformance [6]. - Research indicates that stocks with Zacks Rank 1 and 2 significantly outperform the S&P 500 [6]. Bottom Line - Strong estimate revisions have led to a 5.9% increase in Brainsway's stock over the past four weeks, suggesting further upside potential [7].