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Earnings ESP (Expected Surprise Prediction)

Top Stocks to Beat Earnings

Symbol Company
Name
ESP Most Accurate
Estimate
Consensus
Estimate
Price Zacks Rank %Surprise
(lst Qtr.)
Reporting Date
WMT Walmart 2.45% 1.12 1.09 120.98 2 4.10% 11/14/19
URBN Urban Ou 2.93% 0.59 0.57 30.81 2 5.17% 11/19/19
IGT Internat 18.84% 0.41 0.35 12.90 3 41.94% 11/14/19
SID National 200.00% 0.02 -0.02 2.71 3 6.67% 11/14/19
DGII Digi Int 5.00% 0.07 0.07 14.77 3 25.00% 11/14/19

Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.

The technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest.

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See the Full List of Stocks To Beat Earnings

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Portfolios

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers Zacks #1 Rank Top Movers for

 

Company Symbol Price %Chg
Impala Plat... IMPUY 7.51 +2.60%
FORTERRA IN... FRTA 11.24 +2.28%
PC Connecti... CNXN 50.53 +1.71%
OMV AG OMVJF 59.75 +1.70%
NRG Energy,... NRG 39.32 +1.37%

Focus List Top Performers

 

Symbol Price Added Current Price %Chg
SQ 17.25 61.54 +256.58%
LULU 73.64 211.11 +186.68%
LRCX 100.49 272.46 +171.13%
MSFT 55.09 147.31 +167.40%
CACI 103.31 228.96 +121.60%

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New Upgrades: VSAT, APEI, JAKK, GERN, DVA, WCG, WPRT, SO, INCY, KGC

  • Viasat Inc.
    (
    VSAT)
    Upgraded: 11/13/19

    Viasat has witnessed solid growth in Government Systems segment and in-flight connectivity while enjoying favorable industry trends. It is ramping up investments for ViaSat-3 communication platform.

  • American Public Education, Inc.
    (
    APEI)
    Upgraded: 11/13/19

    Introduction of new certificate and degree programs along with strong digital marketing campaigns are likely to boost enrollment

  • Jakks Pacific, Inc.
    (
    JAKK)
    Upgraded: 11/12/19

    JAKKS Pacific's strategic acquisitions, solid international footprint, focus on innovation and collaborations with popular brands and movie franchisees should boost top-line growth

  • Geron Corporation
    (
    GERN)
    Upgraded: 11/09/19

    Geron’s telomerase technology platform represents significant commercial opportunity. The company's sole pipeline candidate imetelstat holds potential.

  • Davita Inc.
    (
    DVA)
    Upgraded: 11/09/19

    DaVita’s incessant efforts to upgrade services, global expansion initiatives and active acquisitions remain impressive and are supported by the company’s strong financial position.

  • Wellcare Health Plans, Inc.
    (
    WCG)
    Upgraded: 11/09/19

    WellCare Health is well poised for growth on the back of its increasing revenues driven by accretive acquisitions and financial strength. Its growing membership also impresses.

  • Westport Fuel Systems Inc.
    (
    WPRT)
    Upgraded: 11/08/19

    Westport Fuel's portfolio of environment-friendly products and increasing market presence are likely to boost revenues. Acquisitions and relationships are other positives for the company.

  • Southern Company (the)
    (
    SO)
    Upgraded: 10/12/19

    The buyout of energy services holding company AGL Resources has boosted Southern Company's customer base and diversified its offerings .

  • Incyte Corporation
    (
    INCY)
    Upgraded: 09/28/19

    Key growth driver, Jakafi, has been performing well. Incyte’s efforts to develop its pipeline are also encouraging.

  • Kinross Gold Corporation
    (
    KGC)
    Upgraded: 06/29/19

    Kinross is making steady progress in advancing the projects that give it a strong growth profile among leading gold producers. It also remains focused on managing costs and improving cash flow.

New Downgrades: Y, ADNT, SEMG, ROLL, MYGN, W, AVNS, MGLN, TRTN, MCHP

  • Alleghany Corporation
    (
    Y)
    Downgraded: 11/13/19

    Exposure to catastrophe losses causing volatility in underwriting results and increase in expenses weighing on margin expansion can induce volatility in earnings results.

  • Adient Plc
    (
    ADNT)
    Downgraded: 11/12/19

    Softening market conditions in China and weaker foreign currencies compared with the U.S. dollar are headwinds for Adient.

  • Semgroup Corporation
    (
    SEMG)
    Downgraded: 11/09/19

    SemGroup's huge debt load limits its financial flexibility to tap growth opportunities.

  • Rbc Bearings Incorporated
    (
    ROLL)
    Downgraded: 11/07/19

    Persistence of weakness in industrial end markets as well as fewer shipping and production days, and high cost of sales might continue to hurt RBC Bearings' near-term profitability.

  • Myriad Genetics, Inc.
    (
    MYGN)
    Downgraded: 11/07/19

    Emerging competitors and pricing pressure may plague Myriad’s stock in the near future. Additionally, macroeconomic uncertainty and higher expenses owing to extensive pipeline of some tests still remain a matter of concern. 

  • Wayfair Inc.
    (
    W)
    Downgraded: 11/07/19

    The increasing advertising expenditure, intense competition and foreign currency fluctuation remain concerns.

  • Avanos Medical, Inc.
    (
    AVNS)
    Downgraded: 11/07/19

    Stiff competition and softness in Acute Pain business pose as headwinds for AVANOS.

  • Magellan Health, Inc.
    (
    MGLN)
    Downgraded: 11/02/19

    Declining revenues, decline in earnings in Pharmacy business, low profitability makes the stock look unattractive.

  • Triton International Limited
    (
    TRTN)
    Downgraded: 10/25/19

    US-China trade tensions are affecting leasing demand.

  • Microchip Technology Incorporated
    (
    MCHP)
    Downgraded: 10/23/19

    Increasing lead time and significant exposure to Asian markets subjecting Microchip to exchange rate volatility are the primary concerns weighing on margin expansion and limiting growth prospects.

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