BM Technologies, Inc. (BMTX) Reports Q3 Loss, Tops Revenue Estimates

Ezcorp (EZPW) came out with quarterly earnings of $0.26 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.23 per share a year ago. These figures are adjusted for non-recurring items.

A quarter ago, it was expected that this consumer financial services company would post earnings of $0.22 per share when it actually produced earnings of $0.23, delivering a surprise of 4.55%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Ezcorp, which belongs to the Zacks Financial - Consumer Loans industry, posted revenues of $294.55 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 2.14%. This compares to year-ago revenues of $270.48 million. The company has topped consensus revenue estimates just once over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Ezcorp shares have added about 34.7% since the beginning of the year versus the S&P 500's gain of 25.5%.

What's Next for Ezcorp?

While Ezcorp has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Ezcorp: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.35 on $319.3 million in revenues for the coming quarter and $1.23 on $1.24 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Consumer Loans is currently in the bottom 32% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the broader Zacks Finance sector, BM Technologies, Inc. (BMTX), has yet to report results for the quarter ended September 2024.

This company is expected to post quarterly loss of $0.18 per share in its upcoming report, which represents a year-over-year change of +47.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

BM Technologies, Inc.'s revenues are expected to be $14.06 million, down 4.6% from the year-ago quarter.

Zacks Investment Research

Kingstone Companies, Inc (KINS) came out with quarterly earnings of $0.50 per share, in line with the Zacks Consensus Estimate. This compares to loss of $0.27 per share a year ago. These figures are adjusted for non-recurring items.

A quarter ago, it was expected that this company would post earnings of $0.39 per share when it actually produced earnings of $0.39, delivering no surprise.

Over the last four quarters, the company has not been able to surpass consensus EPS estimates.

Kingstone Companies, which belongs to the Zacks Insurance - Property and Casualty industry, posted revenues of $40.77 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 2.46%. This compares to year-ago revenues of $34.24 million. The company has not been able to beat consensus revenue estimates over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Kingstone Companies shares have added about 477.5% since the beginning of the year versus the S&P 500's gain of 25.8%.

What's Next for Kingstone Companies?

While Kingstone Companies has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Kingstone Companies: favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.40 on $45.1 million in revenues for the coming quarter and $1.36 on $159.2 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Insurance - Property and Casualty is currently in the top 19% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the broader Zacks Finance sector, BM Technologies, Inc. (BMTX), has yet to report results for the quarter ended September 2024.

This company is expected to post quarterly loss of $0.18 per share in its upcoming report, which represents a year-over-year change of +47.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

BM Technologies, Inc.'s revenues are expected to be $14.06 million, down 4.6% from the year-ago quarter.

Zacks Investment Research

Sotherly Hotels (SOHO) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of $0.01. This compares to break-even FFO per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an FFO surprise of -500%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.34 per share when it actually produced FFO of $0.37, delivering a surprise of 8.82%.

Over the last four quarters, the company has surpassed consensus FFO estimates two times.

Sotherly Hotels, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $40.7 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 3.10%. This compares to year-ago revenues of $39.18 million. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.

Sotherly Hotels shares have lost about 18.1% since the beginning of the year versus the S&P 500's gain of 25.8%.

What's Next for Sotherly Hotels?

While Sotherly Hotels has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Sotherly Hotels: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus FFO estimate is $0.10 on $44.4 million in revenues for the coming quarter and $0.69 on $183.7 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Other is currently in the top 27% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the broader Zacks Finance sector, XP Inc.A (XP), is yet to report results for the quarter ended September 2024. The results are expected to be released on November 19.

This company is expected to post quarterly earnings of $0.40 per share in its upcoming report, which represents a year-over-year change of -7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

XP Inc.A's revenues are expected to be $772.2 million, down 8.8% from the year-ago quarter.

Zacks Investment Research

Zacks Investment Research

EXp World Holdings (EXPI) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -16.67%. A quarter ago, it was expected that this company would post earnings of $0.10 per share when it actually produced earnings of $0.08, delivering a surprise of -20%.

Over the last four quarters, the company has surpassed consensus EPS estimates just once.

eXp World Holdings, which belongs to the Zacks Real Estate - Operations industry, posted revenues of $1.23 billion for the quarter ended September 2024, missing the Zacks Consensus Estimate by 5.90%. This compares to year-ago revenues of $1.21 billion. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

EXp World Holdings shares have lost about 7.4% since the beginning of the year versus the S&P 500's gain of 24.3%.

What's Next for eXp World Holdings?

While eXp World Holdings has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for eXp World Holdings: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.04 on $1.08 billion in revenues for the coming quarter and $0.01 on $4.63 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Real Estate - Operations is currently in the bottom 46% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

BM Technologies, Inc. (BMTX), another stock in the broader Zacks Finance sector, has yet to report results for the quarter ended September 2024.

This company is expected to post quarterly loss of $0.18 per share in its upcoming report, which represents a year-over-year change of +47.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

BM Technologies, Inc.'s revenues are expected to be $14.06 million, down 4.6% from the year-ago quarter.

Zacks Investment Research

On CNBC's “Mad Money Lightning Round,” Jim Cramer said no to XP Inc. .

On Oct. 16, JPMorgan analyst Domingos Falavina maintained XP with an Overweight and raised the price target from $28 to $29.

Cramer said United Rentals, Inc. needs a pullback, and recommended waiting for that.

On Oct. 23, United Rentals reported worse-than-expected third-quarter financial results and narrowed its FY24 revenue guidance.

When asked about Okta , he said, “You don't need that one.”

Okta will release its financial results for its third quarter fiscal year 2025 ended Oct. 31, after the closing bell on Tuesday, Dec. 3.

The “Mad Money” host recommended buying Houston-based Talen Energy Corporation , saying “They're in good shape.”

Talen Energy recently announced it is evaluating options after FERC rejected the amended Susquehanna Interconnection Service Agreement to increase co-located load capacity at the Susquehanna nuclear power generation facility from 300 megawatts to 480 megawatts.

Micron Technology, Inc. goes “much higher,” Cramer said.

On Oct. 30, Micron announced that Robert (Bob) Switz, its current Board Chair, will retire at the annual shareholders meeting on Jan. 16, 2025.

“I think this is a real short squeeze,” Cramer said when asked about Lemonade, Inc. . “Let's wait 'til Friday and then maybe take some profits.”

On Oct. 30, Lemonade reported third-quarter earnings and sales above estimates and raised its FY24 guidance.

Price Action:

• United Rentals shares gained 10.3% to settle at $880.32 on Wednesday.
• XP shares rose 0.2% to close at $17.93 on Wednesday.
• Okta shares gained 3.4% to settle at $76.61 during the session.
• Talen Energy gained 1.3% to settle at $192.13 on Wednesday.
• Lemonade shares jumped 16.9% to close at $29.29 on Wednesday.
• Micron shares gained 6% to close at $111.83.

Read Next:

• Jim Cramer: This Financial Stock Is A Buy, Likes Broadcom

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.