Core Viewpoint - Business First (BFST) shows potential as a strong investment opportunity due to significant revisions in earnings estimates, indicating an improving earnings outlook [1][2] Estimate Revisions - The rising trend in earnings estimate revisions reflects growing analyst optimism about Business First's earnings prospects, which is expected to positively impact its stock price [2] - For the current quarter, Business First is projected to earn 2.70 per share, representing an 8.43% year-over-year increase, with a 6.41% rise in consensus estimates due to two upward revisions [5] Zacks Rank - Business First currently holds a Zacks Rank 2 (Buy), supported by favorable estimate revisions, which historically correlate with strong stock performance [6] - Stocks rated Zacks Rank 1 (Strong Buy) and 2 (Buy) have shown significant outperformance compared to the S&P 500 [6] Investment Outlook - The stock has appreciated by 6.6% over the past four weeks due to strong estimate revisions, suggesting further upside potential, making it a candidate for portfolio addition [7]
Earnings Estimates Moving Higher for Business First (BFST): Time to Buy?