StarMine Models Pick Asia Companies for FY 2022 Earnings Beats

The StarMine team has selected five Asia companies, using the Screener app in Refinitiv Workspace, that we expect to beat FY22 earnings estimates, based on SmartEstimate® and Predicted Surprise data.

Our Asia selections for FY21 were 80% accurate, which can be seen here.

Our Asia picks for positive Predicted Surprises in FY22 are — Hankook Tire & Technology Co Ltd (161390.KS), KT&G Corp (033780.KS), Sumco Corp (3436.T), SM Entertainment Co Ltd (041510.KQ), and Rakus Co Ltd (3923.T).

StarMine SmartEstimate® aims 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 the SmartEstimate diverges 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

Interested in learning how you can use the StarMine SmartEstimate® and Predicted Surprise® to avoid earnings misses and find earnings beats? Learn more here.