Tech Firms Poised for Earnings Surprises This Quarter

Tech Firms Poised for Earnings Surprises. The resilient service sector and technological advancement highlight strong earnings potential for companies like Block, Coinbase, and V2X in Q4 2024. Key factors such as revenue growth and favorable EPS estimates suggest promising performance ahead.

Date: 12-02-2025

AI Rating: 7

Earnings Per Share (EPS)
Block, Inc. is projected to report earnings of 82 cents per share, indicating a remarkable growth of 82.2% from the previous year. Coinbase is estimated at 87 cents per share, reflecting a decline of 16.4% compared to the year-ago figures. V2X has an estimated EPS of $1.1, down by 7.4% year-over-year.

Revenue Growth
Block, Inc. anticipates revenues of $6.2 billion, representing an 8% growth from the previous year. Coinbase expects revenue of $1.6 billion, signifying significant growth of 67.2% year-over-year. V2X is projecting revenues of $1.1 billion, indicating a growth of 4.7%.

The report indicates that the tech sector's earnings estimates for the fourth quarter of 2024 are promising, with specific companies showing a strong ability to meet or exceed expected performance. Companies such as Block, Coinbase, and V2X are likely to positively influence their stock prices due to favorable earnings prospects and robust revenue growth.

Stocks: XYZ COIN VVX