This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at email@example.com or call 800-767-3771 ext. 9339.
For Immediate Release
Chicago, IL – February 7, 2010 – Zacks.com releases the list of companies likely to issue earnings surprises. This week’s list includes Principal Financial (PFG - Analyst Report), Polo Ralph Lauren (RL - Analyst Report), FMC Corp. (FMC - Analyst Report), Sara Lee and Avon (AVP - Analyst Report). To see more earnings analysis, visit http://at.zacks.com/?id=3207.
Every day, Zacks.com makes 4 stock picks available, free of charge. To see them, go to http://at.zacks.com/?id=5612.
Historically the best indicators of firms likely to report positive surprises are a recent history of positive surprises and rising estimates going into the report. The Zacks Rank is also a good indicator of potential surprises.
Similarly a recent history of earnings disappointments, cuts in the average estimate for the quarter in the month before the report is due and a poor Zacks Rank (#4 or #5) are often red flags pointing to a potential disappointing earnings report.
Potential Positive Surprises:
Principal Financial (PFG - Analyst Report) is expected to report $0.68 vs. $0.62 last year. Last time out it reported a 7.92% positive surprise, and over the last month the mean estimate for the about-to-be-reported quarter has increased by 1.76%. PFG is a Zacks #2 Ranked stock.
Polo Ralph Lauren (RL - Analyst Report) is expected to report $1.28 vs. $1.10 last year. Last time out it reported a 24.40% positive surprise, and over the last month the mean estimate for the about-to-be-reported quarter has increased by 1.09%. RL is a Zacks #2 Ranked stock.
FMC Corp. (FMC - Analyst Report) is expected to report $1.03 vs. $0.94 last year. Last time out it reported a 0.2.70% positive surprise, and over the last month the mean estimate for the about-to-be-reported quarter has increased by 0.42%. FMC is a Zacks #2 Ranked stock.
Potential Negative Surprises:
Sara Lee is expected to report $0.25 vs. $0.36 last year. Last time out it reported a 27.78% disappointment, and over the last month the mean estimate for the about-to-be-reported quarter has dropped by 5.44%. SLE is a Zacks #5 Ranked stock.
Avon (AVP - Analyst Report) is expected to report $0.67 vs. $0.69 last year. Last time out it reported an 12.77% disappointment, and over the last month the mean estimate for the about-to-be-reported quarter has been cut by 0.93%. AVP is a Zacks #4 Ranked stock.
Dirk Van Dijk, CFA, is the Chief Equity Strategist for Zacks.com.
About the Zacks Rank
Since 1988, the Zacks Rank has proven that "Earnings estimate revisions are the most powerful force impacting stock prices." Since inception in 1988, #1 Rank Stocks have generated an average annual return of +28%. During the 2000-2002 bear market, Zacks #1 Rank stocks gained +43.8%, while the S&P 500 tumbled -37.6%. Also note that the Zacks Rank system has just as many Strong Sell recommendations (Rank #5) as Strong Buy recommendations (Rank #1). Since 1988, Zacks Rank #5 stocks have underperformed the S&P 500 (+2% versus +10%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively.
Zacks "Profit from the Pros" e-mail newsletter offers continuous coverage of the industries and the stocks poised to outperform the market. Subscribe to this free newsletter today by visiting http://at.zacks.com/?id=5614.
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros by going to http://at.zacks.com/?id=5615.
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
Contact: Dirk Van Dijk, CFA