Texas Instruments (TXN) is set to release its earnings report on October 22, 2024, with a Most Accurate Estimate of $1.37 per share. The company currently holds a Zacks Rank of #3 (Hold) and has a positive Earnings Surprise Prediction (ESP) of +0.44%, based on a Zacks Consensus Estimate of $1.36. Additionally, Lyft (LYFT) is scheduled to report earnings on November 13, 2024, with a Most Accurate Estimate of $0.23 per share, reflecting a notable +21.05% positive ESP over the consensus estimate of $0.19.
Using the Zacks Earnings ESP tool, which compares the Most Accurate Estimate to the overall consensus estimate, shows a historical 70% success rate for stocks with a positive ESP, when paired with a Zacks Rank #3 or higher. These stocks have historically provided average annual returns of approximately 28% over a decade.
