Our Privacy Statment & Cookie Policy

All LSEG websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.

The Financial & Risk business of Thomson Reuters is now Refinitiv

All names and marks owned by Thomson Reuters, including "Thomson", "Reuters" and the Kinesis logo are used under license from Thomson Reuters and its affiliated companies.

February 5, 2018

StarMine Models Asia Companies for FY2017 Earnings Beats

by David Aurelio.

The StarMine team has selected five Asian companies, using the Eikon Screener, that we expect to beat earnings estimates, based on SmartEstimate® and Predicted Surprise data.

Historically, our picks have demonstrated an accuracy rate of about 73% accurate, giving investors an edge ahead of earnings announcements.

Our Asian picks for positive Predicted Surprises in FY2017 are — Simplo Technology Co Ltd (6121.TWO), Shenzhen International Holdings Ltd (0152.HK), LONGi Green Energy Technology Co Ltd (601012.SS), Sinotruk Hong Kong Ltd (3808.HK), and Kunlun Energy Co Ltd (0135.HK).

SmartEstimates® aim to provide earnings forecasts that are more accurate than I/B/E/S Consensus Estimates, by putting more weight on the recent forecasts of top-rated analysts. When SmartEstimates® diverge significantly from Consensus, you can anticipate the occurrence of earnings surprises with an accuracy rate of 70%. Revenue SmartEstimates® are even more predictive of surprises, with a historical accuracy rate of 78%.

Positive Surprise Predictions for Asia

Sources: StarMine, I/B/E/S, Eikon

Republication or redistribution of Reuters content, including by framing or similar means, is prohibited without the prior written consent of Reuters. Reuters and the Reuters logo are registered trademarks, and trademarks of the Thomson Reuters group of companies. For additional information on Reuters photographic services, please visit the web site at http://pictures.reuters.com

Which 5 Asia companies does our StarMine team predict will miss earnings expectations? Find out here

Get In Touch

Subscribe

We have updated our Privacy Statement. Before you continue, please read our new Privacy Statement and familiarize yourself with the terms.x