Top Tech Stocks to Watch: Potential Earnings Surprises Ahead

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Lyft, Inc. (LYFT) is set to release its quarterly earnings report on November 13, 2024. The company’s Most Accurate Estimate stands at $0.23 per share, while the Zacks Consensus Estimate is $0.19, resulting in an earnings surprise potential (ESP) of +21.05%. Lyft currently holds a Zacks Rank of #2 (Buy).

Carrier Global Corporation (CARR) will report earnings eight days earlier on October 24, 2024, with a Most Accurate Estimate of $0.82 per share against a $0.81 Consensus Estimate, yielding an ESP of +1.18%. CARR also qualifies with a Zacks Rank of #2 (Buy).

Stocks that combine a positive earnings ESP with a Zacks Rank of #2 or better have historically reported positive earnings surprises 70% of the time and yielded an average annual return of 28.3%, as per a 10-year backtest by Zacks Investment Research.

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