We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Emerge Energy Services (EMES) Q4 Earnings: Stock to Beat?
Read MoreHide Full Article
Fracking sand player Emerge Energy Services L.P. is set to release its fourth-quarter 2016 results before the opening bell on Monday, Feb 27.
In the preceding three months, the Southlake, TX-based partnership posted a negative earnings surprise of 34.78%.
Emerge Energy Services has a dismal earnings surprise history, missing estimates in each of the last four quarters with an average negative surprise of 64.28%.
Why a Likely Positive Surprise?
Our proven model shows that Emerge Energy Services is likely to beat earnings this quarter because it has the right combination of two key ingredients.
Zacks ESP: Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, stands at +1.32%. This is very meaningful and a leading indicator of a likely positive earnings surprise for shares.You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Zacks Rank: Emerge Energy Services carries a Zacks Rank #2 (Buy) which, when combined with a positive ESP, makes us confident about an earnings beat.
Note that stocks with Zacks Ranks #1 (Strong Buy), 2 or 3 (Hold) have a significantly higher chance of beating earnings. The Sell-rated stocks (#4 and 5) should never be considered going into an earnings announcement.
What is Driving the Better-Than-Expected Earnings?
Emerge Energy Services’ successful initiatives in controlling costs (both fixed and variable) across all aspects of its business will improve its competitive positioning and augment its bottom line.
Moreover, crude’s massive recovery since February is expected to have a positive impact on Emerge Energy Services’ upcoming results. This is due to improved expectations in the production of the lucrative (and high margin) fracking sand that is used as a proponent by exploration and production companies.
Other Stocks to Consider
Here are some other firms from the energy space you may want to consider on the basis of our model, which shows that they have the right combination of elements to post earnings beat this quarter:
Sprague Resources LP has an Earnings ESP of +3.64% and a Zacks Rank #2. The partnership is anticipated to release fourth-quarter earnings on Mar 9.
Carrizo Oil & Gas, Inc. has an Earnings ESP of +6.25% and a Zacks Rank #2. The company is likely to release fourth-quarter earnings on Feb 23.
Zacks' Top Investment Ideas for Long-Term Profit
How would you like to see our best recommendations to help you find today’s most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Emerge Energy Services (EMES) Q4 Earnings: Stock to Beat?
Fracking sand player Emerge Energy Services L.P. is set to release its fourth-quarter 2016 results before the opening bell on Monday, Feb 27.
In the preceding three months, the Southlake, TX-based partnership posted a negative earnings surprise of 34.78%.
Emerge Energy Services has a dismal earnings surprise history, missing estimates in each of the last four quarters with an average negative surprise of 64.28%.
Why a Likely Positive Surprise?
Our proven model shows that Emerge Energy Services is likely to beat earnings this quarter because it has the right combination of two key ingredients.
Zacks ESP: Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, stands at +1.32%. This is very meaningful and a leading indicator of a likely positive earnings surprise for shares.You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Zacks Rank: Emerge Energy Services carries a Zacks Rank #2 (Buy) which, when combined with a positive ESP, makes us confident about an earnings beat.
Note that stocks with Zacks Ranks #1 (Strong Buy), 2 or 3 (Hold) have a significantly higher chance of beating earnings. The Sell-rated stocks (#4 and 5) should never be considered going into an earnings announcement.
What is Driving the Better-Than-Expected Earnings?
Emerge Energy Services’ successful initiatives in controlling costs (both fixed and variable) across all aspects of its business will improve its competitive positioning and augment its bottom line.
Emerge Energy Services LP Price and EPS Surprise
Emerge Energy Services LP Price and EPS Surprise | Emerge Energy Services LP Quote
Moreover, crude’s massive recovery since February is expected to have a positive impact on Emerge Energy Services’ upcoming results. This is due to improved expectations in the production of the lucrative (and high margin) fracking sand that is used as a proponent by exploration and production companies.
Other Stocks to Consider
Here are some other firms from the energy space you may want to consider on the basis of our model, which shows that they have the right combination of elements to post earnings beat this quarter:
W&T Offshore, Inc. (WTI - Free Report) is expected to release fourth-quarter earnings results on Mar 14. The company has an Earnings ESP of +73.91% and a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
Sprague Resources LP has an Earnings ESP of +3.64% and a Zacks Rank #2. The partnership is anticipated to release fourth-quarter earnings on Mar 9.
Carrizo Oil & Gas, Inc. has an Earnings ESP of +6.25% and a Zacks Rank #2. The company is likely to release fourth-quarter earnings on Feb 23.
Zacks' Top Investment Ideas for Long-Term Profit
How would you like to see our best recommendations to help you find today’s most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >>