Positive Earnings Surprises Could Boost AMZN and URBN Stocks

Investors should pay close attention as Amazon and Urban Outfitters are projected to exceed earnings expectations. With positive Earnings ESP figures, both companies may see stock price increases following their upcoming financial reports.

Date: 29-01-2025

AI Rating: 7

The analysis outlines the significance of quarterly financial reports and earnings expectations within the stock market. Positive earnings surprises can drive stock prices higher, making it essential for investors to monitor these metrics closely.

Earnings Per Share (EPS): The report highlights Amazon (AMZN) with an EPS of $1.67 and Urban Outfitters (URBN) with an EPS of $0.92. Both companies demonstrate strong EPS estimates relative to their consensus expectations.

Earnings ESP: Amazon's Earnings ESP stands at +8.62%, derived from comparing its Most Accurate Estimate with the Zacks Consensus Estimate. This figure suggests a high probability of AMZN exceeding earnings expectations, which could lead to an increase in stock prices. Similarly, URBN has an Earnings ESP of +2.99%, indicating the likelihood of outperforming its estimate, which may also have a positive effect on its stock price.

Zacks Rank: Amazon holds a Zacks Rank of #2 (Buy), while Urban Outfitters has a Zacks Rank of #1 (Strong Buy). These rankings suggest that both stocks are anticipated to outperform the broader market, providing further optimism for potential investors.

Overall, the promising earnings outlook for both AMZN and URBN, combined with their positive ESP figures and favorable Zacks rankings, presents a bullish scenario for their stock prices leading up to their respective earnings releases.

Stocks: AMZN URBN