Zynga Inc. (NASDAQ:$ZNGA)’s earnings report is set to release soon – and the odds are ever in their favor.

Zynga is seeing favorable earnings estimate revision activity as of late which is a general precursor to an earnings beat. After all, analysts raising estimates right before earnings – with the most up-to-date information possible – is a pretty good indicator of some favorable trends underneath the surface for Zynga in this report.

Analysts have recently bumped up their estimates for Zynga, granting the stock a Zacks Earnings ESP of +33.33% heading into earnings season.

Particularly, a positive Zacks Earnings ESP reading has proven to be very powerful in producing both positive surprises and outperforming the market. Research from NASDAQ reveals that stocks that have a positive Earnings ESP and a Zacks Rank #3 or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns.

Zynga sees a Zacks Rank #3, which is a hold, and an ESP in positive territory.

Evidently, recent earnings estimate revision suggests that an optimistic horizon for Zynga, all pointing towards an earnings beat.

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