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The bottom-line estimate for the soon-to-be-reported quarter has remained flat at 85 cents per share over the past 60 days. The consensus mark indicates a decline of 6.6% year over year. Meanwhile, the Zacks Consensus Estimate for revenues is pegged at $383.7 million, which indicates a rise of 18.9% year over year.
The company has an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 57.4%.
GCT’s top-line in the to-be reported quarter is expected to have been affected by a downturn in the U.S. furniture demand, lower ocean-service volumes and pressure on service margins. Rising fuel and delivery costs are also likely to have weighed on profitability.
The ongoing geopolitical tensions in the Middle East and supply-chain disruptions are likely to have weighed on its June-end quarter results. Inflationary pressures and fuel price volatility are also expected to have posed additional headwinds.
Moreover, the New Classic’s integration-related disruptions and unfavorable purchasing terms are expected to have hurt growth and margins. Vietnam flooding, inventory delays and higher expansion-related expenses are likely to have added further pressure.
What Our Model Says About GCT
Our proven Zacks model does not conclusively predict an earnings beat for GCT this season. 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. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. But that's not the case here.
GCT currently has an Earnings ESP of 0.00% and a Zacks Rank #3.
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.
Enpro Inc. (NPO - Free Report) : The Zacks Consensus Estimate for the company’s second-quarter 2026 revenues is pegged at $322.9 million, indicating 12.1% year-over-year growth. The consensus estimate for earnings is pegged at $2.30 per share, implying a 13.3% rise from the year-ago quarter’s actual. The company beat the consensus estimate in each of the trailing four quarters, with an average surprise of 1.95%.
The company is scheduled to declare its second-quarter 2026 results on Aug. 4.
Thomson Reuters (TRI - Free Report) : The Zacks Consensus Estimate for second-quarter 2026 revenues is pegged at $1.91 billion, implying a 7.26% rise year over year. For earnings, the consensus mark is pegged at 96 cents per share, indicating a rise of 9.1% year over year. The company beat on earnings in each of the trailing four quarters, delivering an average surprise of 3.1%.
TRI currently has an Earnings ESP of +2.35% and a Zacks Rank #2.
The company is set to declare its second-quarter 2026 results on Aug. 5.
View the Zacks #1 Rank List
Image: Bigstock
GigaCloud Technology to Post Q2 Earnings: What's in the Cards?
Key Takeaways
GigaCloud Technology Inc. (GCT - Free Report) is set to report its second-quarter 2026 earnings on Aug. 6, before the market opens.
The bottom-line estimate for the soon-to-be-reported quarter has remained flat at 85 cents per share over the past 60 days. The consensus mark indicates a decline of 6.6% year over year. Meanwhile, the Zacks Consensus Estimate for revenues is pegged at $383.7 million, which indicates a rise of 18.9% year over year.
The company has an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 57.4%.
GigaCloud Technology Inc. Price and EPS Surprise
GigaCloud Technology Inc. price-eps-surprise | GigaCloud Technology Inc. Quote
GCT’s Expectations This Time Around
GCT’s top-line in the to-be reported quarter is expected to have been affected by a downturn in the U.S. furniture demand, lower ocean-service volumes and pressure on service margins. Rising fuel and delivery costs are also likely to have weighed on profitability.
The ongoing geopolitical tensions in the Middle East and supply-chain disruptions are likely to have weighed on its June-end quarter results. Inflationary pressures and fuel price volatility are also expected to have posed additional headwinds.
Moreover, the New Classic’s integration-related disruptions and unfavorable purchasing terms are expected to have hurt growth and margins. Vietnam flooding, inventory delays and higher expansion-related expenses are likely to have added further pressure.
What Our Model Says About GCT
Our proven Zacks model does not conclusively predict an earnings beat for GCT this season. 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. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. But that's not the case here.
GCT currently has an Earnings ESP of 0.00% and a Zacks Rank #3.
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.
Enpro Inc. (NPO - Free Report) : The Zacks Consensus Estimate for the company’s second-quarter 2026 revenues is pegged at $322.9 million, indicating 12.1% year-over-year growth. The consensus estimate for earnings is pegged at $2.30 per share, implying a 13.3% rise from the year-ago quarter’s actual. The company beat the consensus estimate in each of the trailing four quarters, with an average surprise of 1.95%.
NPO has an Earnings ESP of +0.87% and a Zacks Rank of 2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The company is scheduled to declare its second-quarter 2026 results on Aug. 4.
Thomson Reuters (TRI - Free Report) : The Zacks Consensus Estimate for second-quarter 2026 revenues is pegged at $1.91 billion, implying a 7.26% rise year over year. For earnings, the consensus mark is pegged at 96 cents per share, indicating a rise of 9.1% year over year. The company beat on earnings in each of the trailing four quarters, delivering an average surprise of 3.1%.
TRI currently has an Earnings ESP of +2.35% and a Zacks Rank #2.
The company is set to declare its second-quarter 2026 results on Aug. 5.