Global technology solution provider Gorilla Technology Group Inc. GRRR is set to report full-year 2024 results on March 31, 2025, after the closing bell. The Zacks Consensus Estimate for 2024 earnings is currently pegged at 28 cents per share. 

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The full-year earnings estimate remained stable over the past month and indicates a year-over-year decline of 82.9%. For the fourth quarter of 2024, the Zacks Consensus Estimate for London-based Gorilla Technology’s revenues is pegged at $36.09 million, and EPS is pegged at 36 cents.

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Earnings Whispers for Gorilla Technology

Our proven model does not conclusively predict an earnings beat for the company this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the odds of an earnings beat. That’s not the case here.

For the December quarter, GRRR has an Earnings ESP of 0.00% and currently has a Zacks Rank #2. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Similarly, its Earnings ESP for the full year 2024 is also at 0.00%.

You can see the complete list of today’s Zacks #1 Rank stocks here.

What’s Shaping GRRR’s 2024 Results?

Gorilla Technology continued its expansion in 2024, thanks to growing demand for its effective and efficient services and new contract wins. Growth in AI-driven security and edge computing solutions is expected to have boosted the top line.

Growing sales in MENA, Asia, South America and the U.K. are expected to have driven its performance. Earlier, it estimated 2024 revenues to reach $72 million.

Its 2024 gross margin is expected to have witnessed continued growth, thanks to its aggressive expense-curtailing efforts, strategic focus on high-margin opportunities and commitment to product innovations.

It anticipated 2024 net income to cross the $10 million mark. Also, interest income is likely to have significantly grown in 2024 from year-ago levels.

How Did Other Stocks Perform?

Here are some stocks in the broader Business Services space that have already reported earnings for the December quarter: Gen Digital Inc. GEN, Fidelity National Information Services, Inc. FIS and Mastercard Incorporated MA.

Western Union reported fourth-quarter 2024 adjusted EPS of 40 cents, which missed the Zacks Consensus Estimate by 4.8% due to lower contributions from the Consumer Money Transfer segment and decreased contributions from Iraq. Nevertheless, the downside was partly offset by strong performance in the retail foreign exchange business and the launch of the media network business. Additionally, a reduction in overall expenses helped support Western Union’s margins.

Fidelity National reported fourth-quarter 2024 adjusted EPS of $1.40, which beat the Zacks Consensus Estimate by 3.7% onrobust recurring revenue growth in both its segments and new sales momentum. Improved higher-margin license revenues benefited the Capital Market Solutions segment. However, higher costs of revenues partially offset Fidelity National’s positives.

Gen Digital reported third-quarter fiscal 2025 adjusted earnings of 56 cents per share, which outpaced the Zacks Consensus Estimate by 1.8% on strong operational leverage, growth in the higher-value U.S. market and the broad-based expansion across the product portfolio. Gen Digital’s customer retention rate also grew to 77.5%.

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Mastercard Incorporated (MA) : Free Stock Analysis Report

Fidelity National Information Services, Inc. (FIS) : Free Stock Analysis Report

Gen Digital Inc. (GEN) : Free Stock Analysis Report

Gorilla Technology Group Inc. (GRRR) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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