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The Zacks Consensus Estimate for the top line is $437.3 million, implying 20.9% growth over the year-ago quarter’s actual.
Multiple factors are likely to have boosted the top line. Higher send volumes, coupled with strong demand for the Send Now, Pay Later product, Flex, which increases transaction fees, customer reach and foreign exchange spreads, are likely to have led to improved revenues. Robust growth in active customers and a major shift toward digital platforms for money transfer services from the traditional service providers, such as banks, are also likely to have supported revenue growth.
The international business payments solution, launched in the United States in the second quarter of 2025, is anticipated to have been a growth engine for the company, driving average transaction sizes and elevating customer value.
The consensus estimate for earnings per share is 12 cents, indicating year-over-year growth of 140% from the year-ago quarter. We expect expanded margins to have improved the bottom line.
What Our Model Says About RELY
Our proven model does not conclusively predict an earnings beat for RELY 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, which is not the case here. You can uncover the best stocks before they are reported with our Earnings ESP Filter.
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.
Coherent Corp. (COHR - Free Report) has an Earnings ESP of +3.08% and a Zacks Rank of 2. The company is scheduled to declare its third-quarter fiscal 2026 results on May 6.
The Zacks Consensus Estimate for COHR’s third-quarter fiscal 2026 revenues is pegged at $1.78 billion, indicating year-over-year growth of 18.8%. For earnings, the consensus mark is pegged at $1.41 per share, implying a 55% rise from the year-ago quarter’s actual. Coherent beat the consensus estimate in each of the trailing four quarters, delivering an earnings surprise of 7.7% on average.
Clean Harbors, Inc. (CLH - Free Report) has an Earnings ESP of +3.25% and a Zacks Rank of 2. The company is scheduled to declare its first-quarter 2026 results on May 6.
The Zacks Consensus Estimate for CLH’s first-quarter 2026 revenues is pegged at $1.47 billion, indicating 2.3% year-over-year growth. The consensus estimate for earnings is pegged at $1.15 per share, implying year-over-year growth of 5.5%. Clean Harbors beat the consensus estimate in three of the last four reported quarters and missed once, with the average earnings surprise being 0.8%.
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Remitly Global Set to Report Q1 Earnings: What's in the Cards?
Key Takeaways
Remitly Global, Inc. (RELY - Free Report) is set to report first-quarter 2026 results on May 6, after the closing bell.
The company surpassed the Zacks Consensus Estimate in the last reported quarter by a massive margin of 850%.
Remitly Global, Inc. Price, Consensus and EPS Surprise
Remitly Global, Inc. price-consensus-eps-surprise-chart | Remitly Global, Inc. Quote
RELY’s Q1 Expectations
The Zacks Consensus Estimate for the top line is $437.3 million, implying 20.9% growth over the year-ago quarter’s actual.
Multiple factors are likely to have boosted the top line. Higher send volumes, coupled with strong demand for the Send Now, Pay Later product, Flex, which increases transaction fees, customer reach and foreign exchange spreads, are likely to have led to improved revenues. Robust growth in active customers and a major shift toward digital platforms for money transfer services from the traditional service providers, such as banks, are also likely to have supported revenue growth.
The international business payments solution, launched in the United States in the second quarter of 2025, is anticipated to have been a growth engine for the company, driving average transaction sizes and elevating customer value.
The consensus estimate for earnings per share is 12 cents, indicating year-over-year growth of 140% from the year-ago quarter. We expect expanded margins to have improved the bottom line.
What Our Model Says About RELY
Our proven model does not conclusively predict an earnings beat for RELY 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, which is not the case here. You can uncover the best stocks before they are reported with our Earnings ESP Filter.
Remitly Global has an Earnings ESP of 0.00% and a Zacks Rank of 1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Stocks to Consider
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.
Coherent Corp. (COHR - Free Report) has an Earnings ESP of +3.08% and a Zacks Rank of 2. The company is scheduled to declare its third-quarter fiscal 2026 results on May 6.
The Zacks Consensus Estimate for COHR’s third-quarter fiscal 2026 revenues is pegged at $1.78 billion, indicating year-over-year growth of 18.8%. For earnings, the consensus mark is pegged at $1.41 per share, implying a 55% rise from the year-ago quarter’s actual. Coherent beat the consensus estimate in each of the trailing four quarters, delivering an earnings surprise of 7.7% on average.
Clean Harbors, Inc. (CLH - Free Report) has an Earnings ESP of +3.25% and a Zacks Rank of 2. The company is scheduled to declare its first-quarter 2026 results on May 6.
The Zacks Consensus Estimate for CLH’s first-quarter 2026 revenues is pegged at $1.47 billion, indicating 2.3% year-over-year growth. The consensus estimate for earnings is pegged at $1.15 per share, implying year-over-year growth of 5.5%. Clean Harbors beat the consensus estimate in three of the last four reported quarters and missed once, with the average earnings surprise being 0.8%.