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0 0 -0.000987166831194392 -0.00164527805199081 0.000658111220796301 0.00230338927278711 0.00230997038499506 -0.0019743336623889
Stock impact report

Surging Earnings Estimates Signal Upside for Upwork (UPWK) Stock [Yahoo! Finance]

Upwork Inc. (UPWK) 
Last upwork inc. earnings: 2/26 04:09 pm Check Earnings Report
Company Research Source: Yahoo! Finance
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 online freelance marketplace operator, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- is principally built on this insight. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. Consensus earnings estimates for the next quarter and full year have moved considerably higher for Upwork, as there has been strong agreement among the cove Show less Read more
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