Can Abacus Life, Inc. (ABL) Run Higher on Rising Earnings Estimates?
Abacus Life(ABL) ZACKS·2024-09-03 01:20
Abacus Life, Inc. (ABL) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in ear ...