Beverage can maker Ball Corporation is scheduled to report third-quarter 2016 results before the opening bell on Nov 3. In the last-reported quarter, the company registered a year-over-year improvement in earnings despite a decline in revenues. Let’s see how things are shaping up prior to this quarter.
Earnings Whispers
Our proven model shows that Ball Corporation is likely to beat earnings because it has the right combination of two key ingredients.
Zacks ESP: Earnings ESP for the company stands at +5.44% as the Most Accurate estimate is pegged at 97 cents while the Zacks Consensus Estimate stands lower at 92 cents. Positive ESP is a meaningful and leading indicator of a likely earnings surprise. Please check our Earnings ESP Filter that enables you to find stocks that are expected to come out with earnings surprises.
Zacks Rank: Ball Corporation carries a Zacks Rank #2 (Buy). Note that stocks with a Zacks Rank #1 (Strong Buy), 2 or 3 (Hold) have a significantly higher chance of beating earnings estimates. Conversely, the Sell-rated stocks (Zacks Rank #4 and 5) should not be considered going into an earnings announcement.
The combination of Ball Corporation’ Zacks Rank #2 and a positive ESP makes us reasonably confident of an earnings beat in the upcoming report.
Surprise History
Ball Corporation outpaced the Zacks Consensus Estimate in three out of the trailing four quarters. The average positive surprise was 3.51%. In the last-reported quarter, the company posted a positive earnings surprise of 6.06%.
BALL CORP Price and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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Beverage can maker Ball Corporation is scheduled to report third-quarter 2016 results before the opening bell on Nov 3. In the last-reported quarter, the company registered a year-over-year improvement in earnings despite a decline in revenues. Let’s see how things are shaping up prior to this quarter.
Earnings Whispers
Our proven model shows that Ball Corporation is likely to beat earnings because it has the right combination of two key ingredients.
Zacks ESP: Earnings ESP for the company stands at +5.44% as the Most Accurate estimate is pegged at 97 cents while the Zacks Consensus Estimate stands lower at 92 cents. Positive ESP is a meaningful and leading indicator of a likely earnings surprise. Please check our Earnings ESP Filter that enables you to find stocks that are expected to come out with earnings surprises.
Zacks Rank: Ball Corporation carries a Zacks Rank #2 (Buy). Note that stocks with a Zacks Rank #1 (Strong Buy), 2 or 3 (Hold) have a significantly higher chance of beating earnings estimates. Conversely, the Sell-rated stocks (Zacks Rank #4 and 5) should not be considered going into an earnings announcement.
The combination of Ball Corporation’ Zacks Rank #2 and a positive ESP makes us reasonably confident of an earnings beat in the upcoming report.
Surprise History
Ball Corporation outpaced the Zacks Consensus Estimate in three out of the trailing four quarters. The average positive surprise was 3.51%. In the last-reported quarter, the company posted a positive earnings surprise of 6.06%.
BALL CORP Price and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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