These positive earnings estimate revisions suggest that analysts are becoming more optimistic on END’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Endeavour could be a solid choice for investors.
Current Quarter Estimates for END
In the past 30 days, 1 estimate has gone higher for Endeavour while none moved lower in the same time period. The trend has been pretty favorable too, with loss estimates narrowing from 24 cents a share 30 days ago to 21 cents today, a significant move.
Current Year Estimates for END
Meanwhile, Endeavour’s current year figures are also looking quite promising, with the loss estimate remaining unchanged at $1.21 per share from 30 days ago till today.
Bottom Line
The stock has also started to move higher lately, adding 30.1% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #2 (Buy) stock to profit in the near future.
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