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.
Investor sentiment is still not back to its pre-sell-off high, but markets have slowly stabilized for now. Nonetheless, it never hurts to look for stocks that seem poised to top earnings estimates amid these somewhat uncertain times.
Finding stocks that top analysts’ expectations is a great and proven way to beat the market. With that in mind, one way for investors to try to make solid returns during volatile times is to pick stocks expected to beat earnings estimates.
Luckily, Zacks Premium customers can utilize the Earnings ESP Screener in order to search for stocks that are expected to beat. Zacks Earnings ESP (Expected Surprise Prediction) looks to find earnings surprises by focusing on the most recent analyst estimates.
This is done because, generally speaking, when an analyst posts an estimate right before an earnings release, it means that they have fresh information which could potentially be more accurate than what analysts thought about a company two or three months ago.
A positive Earnings ESP paired with a Zacks Rank #3 (Hold) or better ranking helps us feel confident about the potential for an earnings beat. In fact, our 10-year backtest has revealed that this methodology has accurately produced a positive surprise 70% of the time.
Today, amid market uncertainty, we are giving our readers a free look at three strong stocks in order to help them identify a few companies that seem ready to top earnings estimates soon.
This Idaho-based wood products, plywood, lumber, and particleboard manufacturer is currently a Zacks Rank #1 (Strong Buy) and sports an overall “A” VGM score. Boise Cascade has also seen its shares climb nearly 12% in the last four weeks amid the selloff.
Our current Zacks Consensus Estimate is calling for Boise Cascade’s fourth-quarter earnings to skyrocket from $0.03 per share in the year-ago period to $0.29 per share, or an 866.67% surge. On top of that, the company boasts an Earnings ESP of 15.79%, which means earnings estimates have been higher directly ahead of the firm’s Q4 results.
Boise Cascade is set to report its fourth-quarter and full fiscal year earnings on Monday, Feb. 26, before the opening bell.
2. Cabot Oil & Gas Corporation
This Houston-based company is engaged in the development, exploitation, and exploration of oil and gas exclusively in the continental U.S. COG is currently a Zacks Rank #1 (Strong Buy) and boasts an “A” grade for Growth in our Style Scores system.
The firm also rocks an Earnings ESP of 8.27%, signaling that analyst sentiment about Cabot has gotten stronger recently. What’s more, Cabot is projected to see its bottom line jump to $0.12 per share after posting just a $0.01 per share profit in the year-ago period.
Cabot is set to report its Q4 and fiscal full-year earnings before the opening bell on Friday, Feb. 23.
This global manufacturer and marketer of differentiated and specialty chemicals is currently a Zacks Rank #2 (Buy) and holds “A” grades for Value and Growth, as well as a “B” for Momentum. Huntsman Corporation has also met or matched earnings estimates in the trailing 11 periods, with an average earnings surprise of 32.72% over the last four quarters.
Huntsman currentlyowns an Earnings ESP of 2.22%, which means recent earnings estimates have been higher. The firm is also expected to see its fourth-quarter earnings pop 120% to hit $0.66 per share.
Huntsman is set to report its Q4 and fiscal full-year earnings before the opening bell this Friday, Feb. 23.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
Image: Bigstock
Buy These 3 Stocks Set to Beat Earnings Estimates
Investor sentiment is still not back to its pre-sell-off high, but markets have slowly stabilized for now. Nonetheless, it never hurts to look for stocks that seem poised to top earnings estimates amid these somewhat uncertain times.
Finding stocks that top analysts’ expectations is a great and proven way to beat the market. With that in mind, one way for investors to try to make solid returns during volatile times is to pick stocks expected to beat earnings estimates.
Luckily, Zacks Premium customers can utilize the Earnings ESP Screener in order to search for stocks that are expected to beat. Zacks Earnings ESP (Expected Surprise Prediction) looks to find earnings surprises by focusing on the most recent analyst estimates.
This is done because, generally speaking, when an analyst posts an estimate right before an earnings release, it means that they have fresh information which could potentially be more accurate than what analysts thought about a company two or three months ago.
A positive Earnings ESP paired with a Zacks Rank #3 (Hold) or better ranking helps us feel confident about the potential for an earnings beat. In fact, our 10-year backtest has revealed that this methodology has accurately produced a positive surprise 70% of the time.
Today, amid market uncertainty, we are giving our readers a free look at three strong stocks in order to help them identify a few companies that seem ready to top earnings estimates soon.
1. Boise Cascade Company (BCC - Free Report)
This Idaho-based wood products, plywood, lumber, and particleboard manufacturer is currently a Zacks Rank #1 (Strong Buy) and sports an overall “A” VGM score. Boise Cascade has also seen its shares climb nearly 12% in the last four weeks amid the selloff.
Our current Zacks Consensus Estimate is calling for Boise Cascade’s fourth-quarter earnings to skyrocket from $0.03 per share in the year-ago period to $0.29 per share, or an 866.67% surge. On top of that, the company boasts an Earnings ESP of 15.79%, which means earnings estimates have been higher directly ahead of the firm’s Q4 results.
Boise Cascade is set to report its fourth-quarter and full fiscal year earnings on Monday, Feb. 26, before the opening bell.
2. Cabot Oil & Gas Corporation
This Houston-based company is engaged in the development, exploitation, and exploration of oil and gas exclusively in the continental U.S. COG is currently a Zacks Rank #1 (Strong Buy) and boasts an “A” grade for Growth in our Style Scores system.
The firm also rocks an Earnings ESP of 8.27%, signaling that analyst sentiment about Cabot has gotten stronger recently. What’s more, Cabot is projected to see its bottom line jump to $0.12 per share after posting just a $0.01 per share profit in the year-ago period.
Cabot is set to report its Q4 and fiscal full-year earnings before the opening bell on Friday, Feb. 23.
3. Huntsman Corporation (HUN - Free Report)
This global manufacturer and marketer of differentiated and specialty chemicals is currently a Zacks Rank #2 (Buy) and holds “A” grades for Value and Growth, as well as a “B” for Momentum. Huntsman Corporation has also met or matched earnings estimates in the trailing 11 periods, with an average earnings surprise of 32.72% over the last four quarters.
Huntsman currentlyowns an Earnings ESP of 2.22%, which means recent earnings estimates have been higher. The firm is also expected to see its fourth-quarter earnings pop 120% to hit $0.66 per share.
Huntsman is set to report its Q4 and fiscal full-year earnings before the opening bell this Friday, Feb. 23.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>