FirstEnergy Corporation (FE - Free Report) is expected to report second-quarter 2018 earnings on Jul 26, before the market opens. The company is expected to come up with a positive earnings surprise in this quarter. This utility player reported positive earnings surprise in three of the last four quarters, the average being 3.56%.
What Does the Quantitative Model Predicts
Our proven model shows that FirstEnergy is likely to beat estimates because it has the right combination of two key ingredients. A stock needs to have a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to be able to beat estimates and the company has the right mix. You can see the complete list of today’s Zacks #1 Rank stocks here.
Earnings ESP: Earnings ESP is pegged at +0.47%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
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 >>
FirstEnergy Corporation (FE - Free Report) is expected to report second-quarter 2018 earnings on Jul 26, before the market opens. The company is expected to come up with a positive earnings surprise in this quarter. This utility player reported positive earnings surprise in three of the last four quarters, the average being 3.56%.
What Does the Quantitative Model Predicts
Our proven model shows that FirstEnergy is likely to beat estimates because it has the right combination of two key ingredients. A stock needs to have a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to be able to beat estimates and the company has the right mix. You can see the complete list of today’s Zacks #1 Rank stocks here.
Earnings ESP: Earnings ESP is pegged at +0.47%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
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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