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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
GIS General 1.58% 0.90 0.89 51.58 3 2.60% 12/18/19
CTAS Cintas C 2.02% 2.08 2.04 258.05 3 8.41% 12/17/19
WOR Worthing 5.78% 0.61 0.58 40.57 3 -22.22% 12/17/19
HEXO HEXO Cor 6.98% -0.08 -0.09 2.19 3 -120.00% 12/16/19

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
ASSERTIO TH... ASRT 1.23 +56.65%
Macro Bank... BMA 28.59 +5.38%
FORTERRA IN... FRTA 10.57 +4.14%
Balfour Bea... BAFYY 6.27 +3.89%
ANGLO AMER... NGLOY 14.31 +2.90%

Focus List Top Performers

 

Symbol Price Added Current Price %Chg
SQ 17.25 65.85 +281.16%
LULU 73.64 224.47 +216.66%
MSFT 55.09 153.24 +175.37%
LRCX 100.49 284.70 +174.06%
UNH 120.33 283.61 +133.11%

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New Upgrades: CASY, NUE, USB, ALNY, SIG, RYAAY, STT, ZUMZ, MS, HRB

  • Casey's General Stores, Inc.
    (
    CASY)
    Upgraded: 12/12/19

    Casey's remains on track with its value creation plan to improve sales and profitability. This includes new fleet card program, price and product optimization, and loyalty program.

  • Nucor Corporation
    (
    NUE)
    Upgraded: 12/12/19

    Nucor remains committed to expand its production capabilities and grow its business through strategic acquisitions. It is also seeing continued momentum in automotive and non-residential construction markets. 

  • U.s. Bancorp
    (
    USB)
    Upgraded: 12/12/19

    Diversified product mix and rise in revenues will support U.S. Bancorp’s growth opportunities. Also, rising loan and deposit balances are slated to benefit from the economic recovery.

  • Alnylam Pharmaceuticals, Inc.
    (
    ALNY)
    Upgraded: 12/12/19

    Alnylam expects to bring three products to the market by 2020, including the already approved approved drugs — Givlaree and Onpattro. It expects to submit an NDA for inclisiran in 2019.

  • Signet Jewelers Limited
    (
    SIG)
    Upgraded: 12/10/19

    The ‘Signet Path to Brilliance’ Plan focuses on e-commerce growth, enhancing savings and undertaking innovations.

  • Ryanair Holdings Plc
    (
    RYAAY)
    Upgraded: 12/10/19

    We are impressed by the carrier’s efforts to reward its shareholders through buybacks.

  • State Street Corporation
    (
    STT)
    Upgraded: 12/10/19

    State Street is well poised for growth based on strong capital position and new business wins. Synergies from strategic acquisitions and global footprints are also expected to support profitability.

  • Zumiez Inc.
    (
    ZUMZ)
    Upgraded: 12/07/19

    Zumiez boasts a sturdy comps trend, backed by higher transaction volume and growth in dollars per transaction. Further, the company is on track with store openings and boosting omni-channel presence.

  • Morgan Stanley
    (
    MS)
    Upgraded: 12/07/19

    Morgan Stanley’s focus on wealth management operations and decent loan demand will support revenue growth going forward. Additionally, steady capital deployments reflect a strong balance sheet.

  • H&r Block, Inc.
    (
    HRB)
    Upgraded: 12/06/19

    H&R Block looks well poised to gain from opportunities offered by growing tax industry in both assisted and DIY channels.

New Downgrades: PLCE, INFY, CNO, DVN, JAG, SCI, UHS, FTI, SLCA, SINA

  • The Children's Place, Inc.
    (
    PLCE)
    Downgraded: 12/12/19

    The company’s dismal year-over-year performance and weak margin trend are concerns. Also, it slashed earnings view on the expected increase in promotional activity and adverse impacts of tariff.

  • Infosys Limited
    (
    INFY)
    Downgraded: 12/12/19

    Increasing anti-outsourcing sentiments in certain countries, including the United States and the United Kingdom, is likely to lead to the enactment of restrictive legislations.

  • Cno Financial Group, Inc.
    (
    CNO)
    Downgraded: 12/12/19

    High financial leverage leading to elevated interest expenses, suffering Colonial Penn segment and stiff competition are some concerns of the company.

  • Devon Energy Corporation
    (
    DVN)
    Downgraded: 12/12/19

    Highly competitive oil and gas industry, volatile commodity prices, and limited control over some properties could have an adverse impact on Devon’s operations and financial performance.

  • Jagged Peak Energy Inc.
    (
    JAG)
    Downgraded: 12/12/19

    Rising lease operating expenses hurt Jagged Peak’s profit levels.

  • Service Corporation International
    (
    SCI)
    Downgraded: 12/11/19

    The company has been witnessing rising interest costs, which is a concern. Also, continued rise in cremations poses threats to the company.

  • Universal Health Services, Inc.
    (
    UHS)
    Downgraded: 12/11/19

    Elevated debt level, weak return on equity and increase in operating expenses are the major headwinds faced by the company.

  • Technipfmc Plc
    (
    FTI)
    Downgraded: 12/07/19

    TechnipFMC expects limited activity growth in North American markets for the remainder of the year, which is likely to limit its earnings.

  • U.s. Silica Holdings, Inc.
    (
    SLCA)
    Downgraded: 12/06/19

    U.S. Silica is seeing significant cash outflows, which will hurt its ability to generate free cash flows. It also faces pricing pressure in the Oil & Gas unit. The company’s high debt level is another concern.

  • Sina Corporation
    (
    SINA)
    Downgraded: 12/06/19

    SINA can face challenges from the weakness in its core business and stringent government regulations amid a competitive environment.

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