We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Acxiom (ACXM) to Report Q4 Earnings: What's in the Cards?
Read MoreHide Full Article
Acxiom Corporation is set to release fourth-quarter fiscal 2017 earnings on May 16. In the last quarter, the company reported a positive earnings surprise of 128.57%.
We note that that the company delivered positive earnings surprises in each of the last four quarters, at an average surprise of 147.14%.
Revenues of $223.3 million also surpassed the Zacks Consensus Estimate of $218 million.
However, shares of Acxiom have slightly underperformed the broader Zacks Computer IT Services on a year-to-date basis. While the industry was up 9.8%, the stock gained 5.7%.
Let’s see how things are shaping up for this announcement.
Factors to Consider
Acxiom is a formidable player in the field of marketing services and technology. The company has been taking many strategic steps of late to position itself better in the omnichannel marketing space.
We expect that the availability of Acxiom Audience Cloud and IdentityLink solution will significantly expand the company’s customer base. Moreover, partnerships with the likes of Verve, DataXu, Viant, IgnitionOne, Netmining, Cision, and Freckle IoT are positives for the company’s results.
However, a competitive landscape with low barriers to entry is a concern for the company and could adversely affect its earnings growth.
Earnings Whispers?
Our proven model does not conclusively show that Acxiom is likely to beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here, as you will see below.
Zacks ESP: Acxiom’s Earnings ESP is 0.00%. This is because both the Most Accurate estimate and the Zacks Consensus Estimate are pegged at 6 cents per share. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Acxiom carries a Zacks Rank #3, which when combined with a 0.00% ESP makes surprise prediction difficult.
We caution against stocks with a Zacks Rank #4 and 5 (Sell rated) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Stocks to Consider
Here are some companies that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat:
Applied Materials, Inc. (AMAT - Free Report) , has an Earnings ESP of +1.32% and a Zacks Rank #2.
DST Systems, Inc. has an Earnings ESP of +0.64% and a Zacks Rank #2.
Sell These Stocks.Now.
Just released, today's 220 Zacks Rank #5 Strong Sells demand urgent attention. If any are lurking in your portfolio or Watch List, they should be removed immediately. These are sinister companies because many appear to be sound investments. However, from 1988 through 2016, stocks from our Strong Sell list have actually performed 6X worse than the S&P 500. See today's Zacks "Strong Sells" absolutely free >>.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Acxiom (ACXM) to Report Q4 Earnings: What's in the Cards?
Acxiom Corporation is set to release fourth-quarter fiscal 2017 earnings on May 16. In the last quarter, the company reported a positive earnings surprise of 128.57%.
We note that that the company delivered positive earnings surprises in each of the last four quarters, at an average surprise of 147.14%.
Revenues of $223.3 million also surpassed the Zacks Consensus Estimate of $218 million.
Acxiom Corporation Price and EPS Surprise
Acxiom Corporation Price and EPS Surprise | Acxiom Corporation Quote
However, shares of Acxiom have slightly underperformed the broader Zacks Computer IT Services on a year-to-date basis. While the industry was up 9.8%, the stock gained 5.7%.
Let’s see how things are shaping up for this announcement.
Factors to Consider
Acxiom is a formidable player in the field of marketing services and technology. The company has been taking many strategic steps of late to position itself better in the omnichannel marketing space.
We expect that the availability of Acxiom Audience Cloud and IdentityLink solution will significantly expand the company’s customer base. Moreover, partnerships with the likes of Verve, DataXu, Viant, IgnitionOne, Netmining, Cision, and Freckle IoT are positives for the company’s results.
However, a competitive landscape with low barriers to entry is a concern for the company and could adversely affect its earnings growth.
Earnings Whispers?
Our proven model does not conclusively show that Acxiom is likely to beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here, as you will see below.
Zacks ESP: Acxiom’s Earnings ESP is 0.00%. This is because both the Most Accurate estimate and the Zacks Consensus Estimate are pegged at 6 cents per share. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Acxiom carries a Zacks Rank #3, which when combined with a 0.00% ESP makes surprise prediction difficult.
We caution against stocks with a Zacks Rank #4 and 5 (Sell rated) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Stocks to Consider
Here are some companies that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat:
Angie's List, Inc. (ANGI - Free Report) has an Earnings ESP of +37.5% and a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
Applied Materials, Inc. (AMAT - Free Report) , has an Earnings ESP of +1.32% and a Zacks Rank #2.
DST Systems, Inc. has an Earnings ESP of +0.64% and a Zacks Rank #2.
Sell These Stocks.Now.
Just released, today's 220 Zacks Rank #5 Strong Sells demand urgent attention. If any are lurking in your portfolio or Watch List, they should be removed immediately. These are sinister companies because many appear to be sound investments. However, from 1988 through 2016, stocks from our Strong Sell list have actually performed 6X worse than the S&P 500. See today's Zacks "Strong Sells" absolutely free >>.