StarMine FY20 Latin America Earnings Surprise Results

In February 2021, we published our top ten Latin America fiscal year 2020 earnings surprise candidates based on StarMine predictive analytics models. Of these FY20 Latin America earnings surprise candidates picks, 90% were correct. The StarMine SmartEstimate® is a weighted average of analyst estimates, with more weight given to more recent estimates and more accurate analysts. Our studies have shown that when the SmartEstimate® differs significantly from the consensus (IBES Mean), the Predicted Surprise accurately predicts the direction of earnings surprises or further revisions 70% of the time. When significant Predicted Surprise for revenue is also present for the period, the accuracy
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AmericasEarningsEarnings InsightPredicted SurpriseSmartEstimateStarMineStock Ideas
May 3, 2021
posted by Tajinder Dhillon