
On the other hand, the stock currently carries a Zacks Rank of #2. This has resulted in an Earnings ESP of 0%. How Have the Numbers Shaped Up for LiveXLive Media, Inc.įor LiveXLive Media, Inc.The Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Revenues are expected to be $10.44 million, up 9.9% from the year-ago quarter. This company is expected to post quarterly loss of $0.12 per share in its upcoming report, which represents a year-over-year change of +42.9%. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. On the other hand, if they miss, the stock may move lower. The earnings report, which is expected to be released on August 6, 2020, might help the stock move higher if these key numbers are better than expectations. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. (LIVX) reports results for the quarter ended June 2020. Wall Street expects a year-over-year increase in earnings on higher revenues when LiveXLive Media, Inc.
