Our North American selections for 2022 Q1 negative Predicted Surprises were 80% accurate, which can be viewed here.
Our Russell 1000 picks for negative Predicted Surprises in 22Q2 are Activision Blizzard Inc. (ATVI.N), Clorox Co (CLX.N), Ecolab Inc. (ECL.N), Carmax Inc. (KMX.N), and Royal Gold Inc. (RGLD.OQ).
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.
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