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This Week's Must See Earnings Charts
Earnings season is upon us.
Tracey Ryniec, Stock Strategist at Zacks Investment Research, discusses the best earnings surprise charts of the week.
Constellation Brands (STZ - Free Report) has just 2 earnings misses in the last 5 years. It’s bullish that shares are also trading near the 5-year high.
Acuity Brands (AYI - Free Report) is coming off a miss, so why does Tracey still like the chart so much? Tune in to find out.
Remember, an earnings beat doesn’t necessarily mean a stock will go higher. And past results are not indicative of future performance. Meaning, a past beat doesn’t mean it will beat the next time but companies with good earnings track records are worth a look.
Watch the short video for more on this week’s must see earnings chart.
Want to know more about earnings?
Learn about this week’s options trades on Zacks Live Trader with Dave Bartosiak.
Tracey Ryniec is the Value Stock Strategist for Zacks.com. She is also the Editor of the Insider Trader and Value Investor services. You can follow her on twitter at @TraceyRyniec and she also hosts the Zacks Market Edge Podcast on iTunes.