As the U.S. Q1 earnings season wraps up, we highlighted 10 companies that seemed poised to deliver big disappointments or positive surprises, based on SmartEstimate and Predicted Surprise data.
We have summarized that data and the facts behind it for each of the ten companies below. Historically, our selections have demonstrated an accuracy rate of about 75%, giving investors an edge when it comes to positioning themselves ahead of these earnings announcements. To take a look at how we did last quarter click here.
When the North American earnings season wraps up and all the companies have reported, we’ll report back on our scorecard – and give you a look at what these companies said about their outlook for the next year.
Here is the list, along with some analyst views:
TOP POSITIVE SURPRISE FORECASTS:
1. United Airlines Inc. (UAL.N) may get a lift from careful expansion and lower oil prices.
2. Gilead Sciences Inc. (GILD.O) continues to benefit from strong Sovaldi sales.
3. Electronic Arts Inc. (EA.O) likely to see lift from strong console sales.
4. Ciena Corp. (CIEN.N) to profit from huge cable operator demand.
5. Blackberry Ltd. (BBRY.O) is focusing on enterprise and is seeing revenues stabilize.
TOP NEGATIVE SURPRISE FORECASTS:
1. Chubb Corp. (CB.N) takes a big hit from the winter storms.
2. TripAdvisor Inc. (TRIP.O) is seeing margins depressed from increased completion/spending.
3. FMC Corp. (FMC.N) earnings may get eaten by acquisition delays and stingy farmers.
4. Golar LNG (GLNG.N) sees excess capacity and lower pricing for tankers.
5. Clarcor Inc. (CLC.N) may take hit from Chinese economic slowdown and softening markets.
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