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 been revised 16% higher over the last 30 days to the current level. Revenues are expected to be $302.34 million, up 17.3% from the year-ago quarter. This company is expected to post quarterly earnings of $0.27 per share in its upcoming report, which represents a year-over-year change of -10%. 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 stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 17. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. (BOWL) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2023.
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