Our Russell 1000 selections for 2022 Q1 positive Predicted Surprises were 100% accurate, which can be viewed here.
Our Russell 1000 picks for positive Predicted Surprises in 22Q2 are — Albertsons Companies Inc. (ACI.N), Delta Airlines (DAL.N), Expeditors International of Washington Inc. (EXPD.OQ), United Rentals Inc. (URI.N), and Marriott Vacations Worldwide Corp. (VAC.N).
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.
Each week the StarMine Earnings Surprise Forecast is published as part of the This Week in Earnings report. The forecast shows the S&P 500 companies with significant positive and negative Predicted Surprises expected to report over the next two weeks. Don’t be surprised when your holdings show up in This Week in Earnings, learn how to use the Refinitiv Workspace Screener app to see these companies ahead of publication here.
Refinitiv offers a powerful combination of content, analytics and tools for better investment research, find out more.