by Tajinder Dhillon.
The StarMine team has selected five Latin America companies, using Eikon by Refinitiv, that we expect to beat FY20 earnings estimates, based on SmartEstimate® and Predicted Surprise data.
Our Latin America picks for positive Predicted Surprises in FY20 are — Odontoprev SA (ODPV3.SA), Telesites SAB de CV (SITESB1.MX), Localiza Rent a Car SA (RENT3.SA), CPFL Energia SA PLC (CPFE3.SA), and Empresas Copec SA (COPEC.SN).
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%.
Interested in learning how you can use the StarMine SmartEstimate® and Predicted Surprise® to avoid earnings misses and find earnings beats? Learn more here.
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