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APi Group Inc. (APG - Free Report) is scheduled to report its first-quarter 2023 results on May 4, before the opening bell.
The company has an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate in all the trailing four quarters, delivering an earnings surprise of 4.6% on average.
Expectations This Time Around
The Zacks Consensus Estimate for APi Group’s revenues in the to-be-reported quarter is pegged at $1.54 billion, indicating a 5% year-over-year increase. The likely increase is expected to have been due to strong operational performance and organic growth.
The consensus estimate for earnings stands at 23 cents per share, flat from the year-ago actual figure. Strong spending controls and procurement initiatives are likely to have been offset by the negative impacts of supply-chain disruptions.
Zacks Reveals ChatGPT "Sleeper" Stock
One little-known company is at the heart of an especially brilliant Artificial Intelligence sector. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion.
As a service to readers, Zacks is providing a bonus report that names and explains this explosive growth stock and 4 other "must buys." Plus more.
Download Free ChatGPT Stock Report Right Now >>
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