On Jan. 31, 2017 we published our top ten European fiscal year 2016 earnings surprise candidates based on StarMine predictive analytics models.
Using StarMine SmartEstimate® and Predicted Surprise data, we highlighted 10 European companies with a high probability of reporting FY2016 earnings surprises in the direction we called — five likely to beat the analysts’ consensus estimate and another five likely to fall short.
Exhibit 1. Positive Surprises
Source: Eikon, http://tmsnrt.rs/2GEsYzQ
Exhibit 2. Negative Surprises
Sources: Eikon, http://tmsnrt.rs/2DU93eR
In the case of these ten selections – nine went in the direction of the prediction and one went in the opposite direction.
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