Earnings Upswing

The asset‑light unit is also brightening its prospects, with adjusted operating income now forecast between $3 million and $5 million for the second quarter—an increase from earlier guidance. Combined with the rate hike, these developments underpin a higher revenue outlook of $1.15 billion, up 12.3 % from the previous estimate, and an earnings‑per‑share guidance of $1.87, a 37.5 % year‑over‑year gain. Consensus EPS estimates have been revised 7.2 % upward in the last 30 days, reflecting a positive trend in earnings‑estimate revisions that analysts say may support further price appreciation.