
Consensus estimates point to sharp year-over-year earnings gains at Chime Financial, Marqeta and Kronos Worldwide in the third quarter.
Zacks consensus estimates project triple-digit third-quarter earnings growth for Chime Financial, Marqeta and Kronos Worldwide. The forecasts call for year-over-year gains of 153.3%, 275% and 188.9%, respectively.
The estimates are part of a wider earnings outlook in which S&P 500 earnings are expected to rise 24.6% year over year, according to Zacks' latest Earnings Preview. The publisher said estimates have moved higher across eight sectors.
For Chime, the consensus estimate is 8 cents per share, up 60% over the past 60 days. The company raised its third-quarter 2026 revenue guidance to $705 million and adjusted EBITDA guidance to $117 million to $120 million. Chime is scheduled to report on Nov. 4.
Marqeta's estimate is 7 cents per share, with estimates up 40% over the past 60 days. The company expects third-quarter revenue growth of 6% to 8% and adjusted EBITDA growth of 20% to 25%. Its results are due Nov. 3.
Kronos Worldwide's consensus estimate is 16 cents per share, and estimates have risen 128.6% over the past 60 days. Management said a favorable backlog entering the third quarter improved production flexibility. The company is expected to release results shortly.
This article was produced with the help of AI technology. Source: Yahoo Finance