January 30, 2017

StarMine Scores 70% on FY2015 European Earnings Surprise Forecast

by Tim Gaumer

On Jan. 26, 2016 we published our top ten European fiscal year 2015 earnings surprise candidates based on StarMine predictive analytics models.

Using StarMine SmartEstimate® and Predicted Surprise data, we highlighted 10 European companies with a high probability of reporting FY2015 earnings surprises in the direction we called — five likely to beat the analysts’ consensus estimate and another five likely to fall short.

Exhibit 1. Positive Surprises

Source: Thomson Reuters Eikon,  http://bit.ly/15EURPos

Exhibit 2. Negative Surprises

Sources: Thomson Reuters Eikon, http://bit.ly/15EURNeg

In the case of these ten selections – seven went in the direction of the prediction and three went in the opposite direction. You can view our live FY2016 European Earnings Surprise Forecast on Tuesday, Jan. 31, 2017 here: http://bit.ly/EUR16Suprise

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