April 19, 2017

StarMine Scores 80% on 16Q4 North American Earnings Surprise Forecast

by David Aurelio

On Jan. 18, 2017 we published our top ten fourth quarter earnings surprise candidates based on StarMine predictive analytics models.

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

Positive Surprises:

Negative Surprises:

In the case of these ten selections – eight went in the direction of the prediction, one went in the opposite direction, and one met the mean at the time of the Jan. 18, 2017 report.

For Thomson Reuters latest picks checkout: StarMine Models Pick North American Companies for 17Q1 Earnings Beats

Republication or redistribution of Reuters content, including by framing or similar means, is prohibited without the prior written consent of Reuters. Reuters and the Reuters logo are registered trademarks, and trademarks of the Thomson Reuters group of companies. For additional information on Reuters photographic services, please visit the web site at http://pictures.reuters.com

Get In Touch

Subscribe