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Aptiv PLC APTV is set to report second-quarter 2021 results on Aug 5, before the bell.
The company has an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate in all of the last four quarters, delivering an earnings surprise of 29.8%, on average.
The Zacks Consensus Estimate for revenues is pegged at $3.57 billion, indicating year-over-year growth of 82.3%. The top line is likely to have benefited from growth in both Advanced Safety & User Experience, and Signal & Power Solutions segments’ revenues.
The consensus estimate for Advanced Safety & User Experience revenues is pegged at $961 million, indicating year-over-year increase of 81.3%. The consensus mark for Signal & Power Solutions segment’s revenues stands at $2.58 billion, signaling year-over-year growth of 80.1%.
The consensus estimate for earnings is pinned at 68 cents, indicating year-over-year increase of more than 100%. Revenue growth and operating performance are likely to have benefited the bottom line in the quarter.
What Our Model Says
Our proven model predicts an earnings beat for Aptiv this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter.
Aptiv has an Earnings ESP of +2.07% and a Zacks Rank #3.
Aptiv PLC Price and EPS Surprise
Aptiv PLC price-eps-surprise | Aptiv PLC Quote
Other Stocks That Warrant a Look
Here are a few stocks from the broader Zacks Business Services sector that investors may consider, as our model shows that these too have the right combination of elements to beat on earnings this season.
Avis Budget CAR has an Earnings ESP of +30.44% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
Clean Harbors CLH has an Earnings ESP of +18.71% and a Zacks Rank #2.
Envestnet ENV has an Earnings ESP of +1.54% and a Zacks Rank #3.
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Avis Budget Group, Inc. (CAR) : Free Stock Analysis Report
Envestnet, Inc (ENV) : Free Stock Analysis Report
Clean Harbors, Inc. (CLH) : Free Stock Analysis Report
Aptiv PLC (APTV) : Free Stock Analysis Report
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