How does RNR's Q1 forecast compare to past quarters?

Renaissance Technologies (RNR) is expected to report earnings per share (EPS) of approximately $1.26 for the quarter ending March 31, 2025, according to the latest estimates. This compares to the EPS of $9.41 reported in the first quarter of 2024. The significant drop in EPS forecast suggests that RNR's performance is likely to decline in the upcoming quarter. In addition to the EPS, RNR's estimated revenue for the quarter ending March 31, 2025, is $3.01 billion. This is a notable increase from the revenue of $2.59 billion reported in the first quarter of 2024. The increase in revenue forecast indicates that RNR's income stream is expected to grow in the upcoming quarter. Overall, while RNR's revenue is forecasted to grow, the significant decrease in EPS suggests that the company's profitability may face challenges in the upcoming quarter.