SignalCorporate
4 Software Stocks Likely to Deliver an Earnings Beat This Season
Earnings beat expectations for four software stocks signal potential upside catalysts.
Context
What happened: Software stocks enter earnings season with digital transformation spending and AI adoption as growth drivers. Affirm Holdings (AFRM), Paylocity (PCTY), Block (XYZ) and BILL Holdings (BILL) are named as potential earnings beat candidates.
Key numbers: Affirm reports Q1 fiscal 2027 results Nov.
Why it matters: The article states that stocks combining a positive Earnings ESP with a Zacks Rank #1, 2 or 3 have historically shown odds of a positive earnings surprise as high as 70%, per the firm's research.
Market: +2.4% today ($74.84), +1.1% YTD, 0.8x vol — as of 22:46 UTC
What changed
Software stocks enter earnings season with digital transformation spending and AI adoption as growth drivers. Affirm Holdings (AFRM), Paylocity (PCTY), Block (XYZ) and BILL Holdings (BILL) are named as potential earnings beat candidates.
Why it matters
The article states that stocks combining a positive Earnings ESP with a Zacks Rank #1, 2 or 3 have historically shown odds of a positive earnings surprise as high as 70%, per the firm's research.
Market: +2.4% today ($74.84), +1.1% YTD, 0.8x vol — as of 22:46 UTC