The StarMine team has selected five North American companies, using Thomson Reuters’ Eikon Screener, that we expect to beat 17Q3 earnings estimates, based on SmartEstimate® and Predicted Surprise data.
Our North American selections for 2017 Q2 were 60% accurate, which can be seen here. Historically (since 2011 Q4), our picks have demonstrated an accuracy rate of about 80.0%, giving investors an edge ahead of earnings announcements.
Our North American picks for positive Predicted Surprises in 2017 Q3 are — Caterpillar Inc (CAT.N), Oshkosh Corp (OSK.N), First Solar Inc (FSLR.O), Wynn Resorts Ltd (WYNN.O), Landstar System Inc (LSTR.O).
SmartEstimates® aim to provide earnings forecasts that are more accurate than I/B/E/S Consensus Estimates, by putting more weight on the recent forecasts of top-rated analysts. When SmartEstimates® diverge significantly from Consensus, you can anticipate the occurrence of earnings surprises with an accuracy rate of 70%. Revenue SmartEstimates® are even more predictive of surprises, with a historical accuracy rate of 78%.
Caterpillar Inc (CAT.N)
Oshkosh Corp (OSK.N)
First Solar Inc (FSLR.O)
Wynn Resorts Ltd (WYNN.O)
Landstar System Inc (LSTR.O)
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Which 5 North American companies does our StarMine team predict will beat 17Q3 earnings expectations? Find out here.