Alarm.com Holdings, Inc. (ALRM - Free Report) will report first-quarter 2018 results on May 3. In the fourth quarter, the company delivered a positive earnings surprise of 8.3%.
The surprise history has been impressive in Alarm.com’s case. The company surpassed estimates in each of the trailing four quarters, with an average positive surprise of 55.9%.
We observe that the company's shares have gained 23.2% in a year’s time, outperforming its industry’s decline of 31.3%.
Let's see how things are shaping up for this announcement.
Portfolio Expansion to Drive the Top Line
Alarm.com has been expanding and enhancing its portfolio of video cameras to tap a wide range of commercial customers. In the fourth quarter,the company enlarged its portfolio of video cameras to tap a wide range of commercial customers. It expanded its platform to intensify customer engagement and retention. The company unveiled a new smart thermostat that combines cloudintelligence with more advanced device hardware. This will broaden the range of systems with which Alarm.com can integrate. We expect these factors to make significant contributions to Alarm.com’s hardware and other revenues in the to-be-reported quarter.
Partnerships & Acquisitions to Expand Top Line
In the last reported quarter, the company partnered with Rheem, a leading global manufacturer of heating, cooling and water heating equipment. The deal will expand the roster of smart energy devices that utilities can control and manage at scale through EnergyHub’s Mercury 3.0 platform. We expect these moves to contribute to Alarm.com’s revenues and margin expansion in the soon-to-be-reported quarter.
Customer Connection Program to Increase Upsell and Retention
The company is also making considerable progress with its Customer Connection program aimed at increasing upsell and retention. Since its launch, the company has successfully added several pre-configured campaigns to help service providers increase up-sells and referrals, and boost consumer engagement. Significant progress is also expected on this front.
What Our Model Suggests
According to the Zacks model, a company with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) has a good chance of beating estimates if it also has a positive Earnings ESP. Zacks Rank #4 (Sell) or 5 (Strong Sell) stocks are best avoided, especially if these have a negative Earnings ESP. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Alarm.com has a Zacks Rank #1 and an Earnings ESP of +5.44%, a combination that suggests that the company is likely to beat estimates this time around.
Other Stocks to Consider
We also see likely earnings beat for each of the following companies:
Mastercard Incorporated (MA - Free Report) has an Earnings ESP of +0.03% and a Zacks Rank #2. The company is slated to report quarterly numbers on May 2. You can see the complete list of today’s Zacks #1 Rank stocks here.
WEX Inc. (WEX - Free Report) has an Earnings ESP of +0.44% and a Zacks Rank of 2. The company is slated to report quarterly results on May 3.
FLEETCOR Technologies, Inc. has an Earnings ESP of +0.79% and a Zacks Rank #2. The company will report quarterly numbers on May 3.
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Alarm.com Holdings, Inc. (ALRM - Free Report) will report first-quarter 2018 results on May 3. In the fourth quarter, the company delivered a positive earnings surprise of 8.3%.
The surprise history has been impressive in Alarm.com’s case. The company surpassed estimates in each of the trailing four quarters, with an average positive surprise of 55.9%.
We observe that the company's shares have gained 23.2% in a year’s time, outperforming its industry’s decline of 31.3%.
Let's see how things are shaping up for this announcement.
Portfolio Expansion to Drive the Top Line
Alarm.com has been expanding and enhancing its portfolio of video cameras to tap a wide range of commercial customers. In the fourth quarter,the company enlarged its portfolio of video cameras to tap a wide range of commercial customers. It expanded its platform to intensify customer engagement and retention. The company unveiled a new smart thermostat that combines cloudintelligence with more advanced device hardware. This will broaden the range of systems with which Alarm.com can integrate. We expect these factors to make significant contributions to Alarm.com’s hardware and other revenues in the to-be-reported quarter.
Partnerships & Acquisitions to Expand Top Line
In the last reported quarter, the company partnered with Rheem, a leading global manufacturer of heating, cooling and water heating equipment. The deal will expand the roster of smart energy devices that utilities can control and manage at scale through EnergyHub’s Mercury 3.0 platform. We expect these moves to contribute to Alarm.com’s revenues and margin expansion in the soon-to-be-reported quarter.
Customer Connection Program to Increase Upsell and Retention
The company is also making considerable progress with its Customer Connection program aimed at increasing upsell and retention. Since its launch, the company has successfully added several pre-configured campaigns to help service providers increase up-sells and referrals, and boost consumer engagement. Significant progress is also expected on this front.
What Our Model Suggests
According to the Zacks model, a company with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) has a good chance of beating estimates if it also has a positive Earnings ESP. Zacks Rank #4 (Sell) or 5 (Strong Sell) stocks are best avoided, especially if these have a negative Earnings ESP. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Alarm.com has a Zacks Rank #1 and an Earnings ESP of +5.44%, a combination that suggests that the company is likely to beat estimates this time around.
Other Stocks to Consider
We also see likely earnings beat for each of the following companies:
Mastercard Incorporated (MA - Free Report) has an Earnings ESP of +0.03% and a Zacks Rank #2. The company is slated to report quarterly numbers on May 2. You can see the complete list of today’s Zacks #1 Rank stocks here.
WEX Inc. (WEX - Free Report) has an Earnings ESP of +0.44% and a Zacks Rank of 2. The company is slated to report quarterly results on May 3.
FLEETCOR Technologies, Inc. has an Earnings ESP of +0.79% and a Zacks Rank #2. The company will report quarterly numbers on May 3.
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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