Investors are always looking for stocks that are poised to beat at earnings season and Esperion Therapeutics, Inc. (ESPR - Free Report) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.
That is because Esperion Therapeuticsis seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings—with the most up-to-date information possible—is a pretty good indicator of some favorable trends underneath the surface for ESPR in this report.
In fact, the Most Accurate Estimate for the current quarter is currently at a loss of $1.38 per share for ESPR, compared to a broader Zacks Consensus Estimate loss of $1.67 per share. This suggests that analysts have very recently bumped up their estimates for ESPR, giving the stock a Zacks Earnings ESP of +17.37% heading into earnings season.
Esperion Therapeutics, Inc. Price and EPS Surprise
Given that ESPR has a Zacks Rank #3 (Hold) and an ESP in positive territory, investors might want to consider this stock ahead of earnings. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Clearly, recent earnings estimate revisions suggest that good things are ahead for Esperion Therapeutics, and that a beat might be in the cards for the upcoming report.
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