Clear Secure YOU shares ended the last trading session 5.2% higher at $23.55. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 7% loss over the past four weeks.

Clear Secure is benefiting from strong membership growth, expanding TSA PreCheck enrollments, strategic enterprise partnerships, and improved operational efficiency driving higher retention and free cash flow.

This airport security company is expected to post quarterly earnings of $0.28 per share in its upcoming report, which represents a year-over-year change of +64.7%. Revenues are expected to be $203.45 million, up 19% from the year-ago quarter.

While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For Clear Secure, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on YOU going forward to see if this recent jump can turn into more strength down the road.

The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Clear Secure belongs to the Zacks Internet - Software industry. Another stock from the same industry, Blend Labs BLND, closed the last trading session 4.1% lower at $3.78. Over the past month, BLND has returned 5.9%.

Blend Labs' consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.01. Compared to the company's year-ago EPS, this represents a change of +114.3%. Blend Labs currently boasts a Zacks Rank of #3 (Hold).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

CLEAR Secure, Inc. (YOU) : Free Stock Analysis Report

Blend Labs, Inc. (BLND) : Free Stock Analysis Report

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

Zacks Investment Research