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Fluent (FLNT) to Post Q1 Earnings: What's in the Offing?

Fluent FLNT is scheduled to release its first-quarter 2023 results on May 15, after the bell. The company posted an earnings surprise of 11.1% in the fourth quarter of 2022.

Expectations This Time Around

The Zacks Consensus Estimate for revenues in the to-be-reported quarter is pegged at $79.7 million, indicating a 10.6% year-over-year decline. The top line is likely to have been negatively impacted by low seasonal advertisement spend.

The Zacks Consensus Estimate for the bottom line is breakeven earnings. The company reported a loss of 2 cents in the year-ago quarter. The bottom line in the to-be-reported quarter is expected to have been negatively impacted by increase in costs.

FLUENT, INC. Price and EPS Surprise

 

FLUENT, INC. price-eps-surprise | FLUENT, INC. Quote

 

What Our Model Says

Our proven model does not conclusively predict an earnings beat for Fluent 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. However, this is not the case here, as elaborated below. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter.

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Fluent has an Earnings ESP of 0.00% and a Zacks Rank #1.

You can see the complete list of today’s Zacks #1 Rank stocks here.

Recent Earnings Snapshots of Some Service Providers

Omnicom OMC reported better-than-expected first-quarter 2023 results.

OMC’s earnings of $1.56 per share beat the Zacks Consensus Estimate by 13% and our estimate by 11.4%. EPS increased 12.2% year over year. Total revenues of $3.4 billion surpassed the consensus estimate by 2.3% and our estimate by 1.4%. The top line increased 1% year over year.

Equifax EFX also reported better-than-expected first-quarter 2023 results.

EFX’s adjusted earnings came in at $1.43, beating the consensus mark by 4.4% but declining 35.6% from the year-ago figure. Total revenues of $1.3 billion surpassed the consensus estimate by 1.5% but decreased 4.5% year over year.

ManpowerGroup MAN reported lower-than-expected first-quarter 2023 results.

MAN’s adjusted earnings of $1.61 per share lagged the consensus mark by 0.6% but matched our estimate. Revenues of $4.8 billion missed the consensus mark by 1.3% and our estimate by a slight margin. The top line decreased 7.6% year over year.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

ManpowerGroup Inc. (MAN) : Free Stock Analysis Report

Omnicom Group Inc. (OMC) : Free Stock Analysis Report

Equifax, Inc. (EFX) : Free Stock Analysis Report

FLUENT, INC. (FLNT) : Free Stock Analysis Report

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