Veeva Systems (VEEV) Stock: A Closer Look at Analyst Recommendations

First Busey (BUSE) is expected to report Q2 earnings of $0.61 per share, up 22% YoY, with revenues of $192.1 million, up 65.3% YoY. The consensus estimate has been revised 2.12% lower over the last 30 days. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, which could potentially be more accurate than what was predicted earlier. A positive Earnings ESP reading indicates the likely deviation of actual earnings from the consensus estimate, with a positive reading being a strong predictor of an earnings beat.

First Busey (BUSE) is poised to report its second-quarter (Q2) earnings, with analysts expecting the bank holding company to deliver a year-over-year (YoY) increase in earnings. The consensus estimate is for $0.61 per share, representing a 22% YoY growth. Revenues are anticipated to reach $192.1 million, up 65.3% from the year-ago quarter [1].

However, the consensus estimate has been revised 2.12% lower over the past 30 days, reflecting a collective reassessment by covering analysts. This downward revision suggests that analysts have become more cautious about the company's earnings prospects [1].

The Zacks Earnings ESP (Expected Surprise Prediction) provides further insight into the potential deviation of actual earnings from the consensus estimate. For First Busey, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -4.49%. This indicates that analysts have recently become bearish on the company's earnings prospects [1].

While the Earnings ESP is a valuable tool for predicting earnings surprises, it is important to note that a negative ESP reading does not necessarily indicate an earnings miss. The predictive power of the Earnings ESP is more significant for positive readings, particularly when combined with a strong Zacks Rank [1].

First Busey's stock currently carries a Zacks Rank of #4, which makes it difficult to conclusively predict that the company will beat the consensus EPS estimate. The company has a history of beating consensus EPS estimates, having done so four times over the last four quarters [1].

Despite the earnings expectations, other factors may influence the stock's performance. For instance, management's discussion of business conditions on the earnings call will play a crucial role in determining the sustainability of any immediate price change and future earnings expectations [1].

Investors should keep an eye on the upcoming earnings release and other relevant news to make informed decisions. Staying updated on upcoming earnings announcements and utilizing tools like the Zacks Earnings Calendar can help investors stay ahead of the game [1].

References:
[1] https://finviz.com/news/104179/first-busey-buse-earnings-expected-to-grow-what-to-know-ahead-of-q2-release
[2] https://www.marketbeat.com/instant-alerts/first-busey-corporation-nasdaqbuse-to-issue-025-quarterly-dividend-2025-07-09/