We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
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.
The company’s earnings surprise history has been impressive. It surpassed the Zacks Consensus Estimate in all the trailing four quarters, with a surprise of 13.4% on average.
Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.
The Zacks Consensus Estimate for revenues in the to-be-reported quarter is pegged at $5.17 billion, indicating year-over-year growth of 1%. The top line is likely to have benefited from growth in revenues from the Advanced Safety & User Experience segments.
The consensus estimate for Advanced Safety & User Experience revenues is $1.2 billion, indicating a 2.1% year-over-year increase. The consensus mark for the Signal & Power Solutions segment’s revenues stands at $3.7 billion, suggesting a slight year-over-year decline.
The consensus estimate for earnings is pegged at $1.69 per share, indicating year-over-year growth of more than 30%. We expect increasing operating expenses to have benefited the bottom line in the quarter.
What Our Model Says
Our proven model does not conclusively predict an earnings beat for APTV 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 before they're reported with our Earnings ESP Filter.
APTV has an Earnings ESP of -4.59% and a Zacks Rank #4 (Sell).
Stocks That Warrant a Look
Here are a few stocks from the broader Business Services sector, which, according to our model, have the right combination of elements to beat on earnings this season.
Gartner (IT - Free Report) : The Zacks Consensus Estimate for the company’s third-quarter revenues is pegged at $1.5 billion, indicating a year-over-year increase of 4.6%. For earnings, the consensus mark is pegged at $2.5 per share, suggesting a 4.3% decrease from that reported in the year-ago quarter. The company beat the Zacks Consensus Estimate in all the past four quarters, with an average surprise of 17.4%.
MoneyLion : The Zacks Consensus Estimate for the company’s third-quarter revenues is pegged at $134.3 million, indicating year-over-year growth of 21.8%. For earnings, the consensus mark is pegged at 10 cents per share, implying more than 100% growth from the year-ago quarter’s actual. The company beat the Zacks Consensus Estimate in the past four quarters, the average surprise being 772.5%.
ML has an Earnings ESP of +20.97% and a Zacks Rank #3. The company is scheduled to declare its third-quarter 2024 results on Nov. 7.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Shutterstock
Aptiv Gears Up to Report Q3 Earnings: What's in the Offing?
Aptiv PLC (APTV - Free Report) is set to report its third-quarter 2024 results on Oct. 31, before the bell.
The company’s earnings surprise history has been impressive. It surpassed the Zacks Consensus Estimate in all the trailing four quarters, with a surprise of 13.4% on average.
Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.
Aptiv PLC Price and EPS Surprise
Aptiv PLC price-eps-surprise | Aptiv PLC Quote
Q3 Expectations
The Zacks Consensus Estimate for revenues in the to-be-reported quarter is pegged at $5.17 billion, indicating year-over-year growth of 1%. The top line is likely to have benefited from growth in revenues from the Advanced Safety & User Experience segments.
The consensus estimate for Advanced Safety & User Experience revenues is $1.2 billion, indicating a 2.1% year-over-year increase. The consensus mark for the Signal & Power Solutions segment’s revenues stands at $3.7 billion, suggesting a slight year-over-year decline.
The consensus estimate for earnings is pegged at $1.69 per share, indicating year-over-year growth of more than 30%. We expect increasing operating expenses to have benefited the bottom line in the quarter.
What Our Model Says
Our proven model does not conclusively predict an earnings beat for APTV 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 before they're reported with our Earnings ESP Filter.
APTV has an Earnings ESP of -4.59% and a Zacks Rank #4 (Sell).
Stocks That Warrant a Look
Here are a few stocks from the broader Business Services sector, which, according to our model, have the right combination of elements to beat on earnings this season.
Gartner (IT - Free Report) : The Zacks Consensus Estimate for the company’s third-quarter revenues is pegged at $1.5 billion, indicating a year-over-year increase of 4.6%. For earnings, the consensus mark is pegged at $2.5 per share, suggesting a 4.3% decrease from that reported in the year-ago quarter. The company beat the Zacks Consensus Estimate in all the past four quarters, with an average surprise of 17.4%.
IT has an Earnings ESP of +10.44% and a Zacks Rank #2 at present. The company is scheduled to declare its third-quarter 2024 results on Nov. 5. You can see the complete list of today’s Zacks #1 Rank stocks here.
MoneyLion : The Zacks Consensus Estimate for the company’s third-quarter revenues is pegged at $134.3 million, indicating year-over-year growth of 21.8%. For earnings, the consensus mark is pegged at 10 cents per share, implying more than 100% growth from the year-ago quarter’s actual. The company beat the Zacks Consensus Estimate in the past four quarters, the average surprise being 772.5%.
ML has an Earnings ESP of +20.97% and a Zacks Rank #3. The company is scheduled to declare its third-quarter 2024 results on Nov. 7.