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Why Post Holdings (POST) Could Beat Earnings Estimates Again
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Looking for a stock that might be in a good position to beat earnings at its next report? Consider Post Holdings, Inc. (POST - Free Report) , a firm in the food industry, which could be a great candidate for another beat.
This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. In fact, in these reports, POST has beaten estimates by at least 90% in both cases, suggesting it has a nice short-term history of crushing expectations.
Earnings in Focus
Two quarters ago, POST expected to earn 25 cents per share, while it actually produced earnings of 52 cents per share, a beat of 108%. Meanwhile, for the most recent quarter, the company looked to deliver earnings of 41 cents/share, when it actually saw earnings of 81 cents/share instead, representing a 97.6% positive surprise.
Thanks in part to this history, recent estimates have been moving higher for Post Holdings. In fact, the Earnings ESP for POST is positive, which is a great sign of a coming beat.
After all, the Zacks Earnings ESP compares the most accurate estimate to the broad consensus, looking to find stocks that have seen big revisions as of late, suggesting that analysts have recently become more bullish on the company’s earnings prospects. This is the case for POST, as the firm currently has a Zacks Earnings ESP of 12.77%, so another beat could be around the corner.
This is particularly true when you consider that POST has a great Zacks Rank #1 (Strong Buy) which can be a harbinger of outperformance and a signal for a strong earnings profile. And when you add this solid Zacks Rank to a positive Earnings ESP, a positive earnings surprise happens nearly 70%, so it seems pretty likely that POST could see another beat at its next report, especially if recent trends are any guide.
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Why Post Holdings (POST) Could Beat Earnings Estimates Again
Looking for a stock that might be in a good position to beat earnings at its next report? Consider Post Holdings, Inc. (POST - Free Report) , a firm in the food industry, which could be a great candidate for another beat.
This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. In fact, in these reports, POST has beaten estimates by at least 90% in both cases, suggesting it has a nice short-term history of crushing expectations.
Earnings in Focus
Two quarters ago, POST expected to earn 25 cents per share, while it actually produced earnings of 52 cents per share, a beat of 108%. Meanwhile, for the most recent quarter, the company looked to deliver earnings of 41 cents/share, when it actually saw earnings of 81 cents/share instead, representing a 97.6% positive surprise.
POST HOLDINGS Price and EPS Surprise
POST HOLDINGS Price and EPS Surprise | POST HOLDINGS Quote
Thanks in part to this history, recent estimates have been moving higher for Post Holdings. In fact, the Earnings ESP for POST is positive, which is a great sign of a coming beat.
After all, the Zacks Earnings ESP compares the most accurate estimate to the broad consensus, looking to find stocks that have seen big revisions as of late, suggesting that analysts have recently become more bullish on the company’s earnings prospects. This is the case for POST, as the firm currently has a Zacks Earnings ESP of 12.77%, so another beat could be around the corner.
This is particularly true when you consider that POST has a great Zacks Rank #1 (Strong Buy) which can be a harbinger of outperformance and a signal for a strong earnings profile. And when you add this solid Zacks Rank to a positive Earnings ESP, a positive earnings surprise happens nearly 70%, so it seems pretty likely that POST could see another beat at its next report, especially if recent trends are any guide.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>