Back to top

Image: Bigstock

Diebold Nixdorf (DBD) to Post Q1 Earnings: What to Expect?

Read MoreHide Full Article

Diebold Nixdorf, Incorporated (DBD - Free Report) is scheduled to report first-quarter 2021 results on May 10, before the bell.

The company has an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed the same in one, delivering an earnings surprise of 261.9%, on average.

Expectations This Time Around

The Zacks Consensus Estimate for revenues in the to-be-reported quarter stands at $928.3 million, indicating 1.9% increase from the year-ago quarter’s actual figure. The top line is expected to have benefited from increased demand for the company’s differentiated and digitally-enabled solutions.

The bottom line is likely to have been positively impacted from the DN Now transformation initiatives and favorable product mix in the Americas Banking and Retail segment. The consensus mark is pegged at 24 cents for the to-be-reported quarter, indicating a sharp improvement from a loss of 34 cents incurred in the year-ago quarter.

What Our Model Says

Our proven model does not conclusively predict an earnings beat for Diebold Nixdorf this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Diebold Nixdorfhas an Earnings ESP of 0.00% and a Zacks Rank #3.

Stocks That Warrant a Look

Here are a few stocks from the broader Zacks Business Services sector that investors may consider, as our model shows that these have the right combination of elements to beat on earnings this season.

Clear Channel Outdoor (CCO - Free Report) , with an Earnings ESP of +30.67% and a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Montrose Environmental Group (MEG - Free Report) has an Earnings ESP of +160.61% and a Zacks Rank #3.

Rackspace Technology (RXT - Free Report) has an Earnings ESP of +4.55% and a Zacks Rank #3.

Zacks Top 10 Stocks for 2021

In addition to the stocks discussed above, would you like to know about our 10 best buy-and-hold tickers for the entirety of 2021?

Last year's 2020Zacks Top 10 Stocks portfolio returned gains as high as +386.8%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys.

AccessZacks Top 10 Stocks for 2021 today >>

Published in