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July 14, 2010
StarMine quantitatively analyzes the earnings estimate accuracy of sell-side analysts and uses this information to create SmartEstimates. StarMine SmartEstimates predict future earnings more accurately than consensus estimates by putting more weight on the recent forecasts of StarMine's top-rated analysts.
StarMine creates SmartEstimates for multiple forecast fields, including Revenue, Cash Flow, EBITDA, Dividends, and more. Each day, StarMine creates SmartEstimates for thousands of stocks around the globe. When SmartEstimates diverge significantly from consensus, you can anticipate earnings surprises with an accuracy rate of 70%. Revenue SmartEstimates are even more predictive of surprises, with a historical accuracy rate of 78%.
SmartEstimates can also help you create more accurate equity valuations, and are useful in predicting future analyst revisions.
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Predicted Surprises for Q2 2010
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| GET: Gaylord Entertainment Co. |
Predicted Surprise: -58.1% |
| Consensus: $-0.18 |
StarMine SmartEstimate: $-0.29 |
Report Date: 3-Aug-10 |
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Analyst Highlights
Crow/ Puryear (  ) of Raymond James has a StarMine "Bold Estimate" of $-0.34
Jeffrey Donnelly (  ) of Wells Fargo Securities, Llc has an estimate of $-0.23
Donnelly lowered estimates based on the larger-than-expected impact of flooding on Gaylord Opryland and Attractions.
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| CPA: Copa Holdings SA |
Predicted Surprise: -28.4% |
| Consensus: $0.99 |
StarMine SmartEstimate: $0.71 |
Report Date: 4-Aug-10 |
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Analyst Highlights
Parker/ Pfennigwe (  ) of Raymond James has a StarMine "Bold Estimate" of $0.64
Bob McAdoo (  ) of Avondale Partners LLC has an estimate of $0.75
Parker/ Pfennigwe believe that accelerated capacity growth, combined with lower-than-expected traffic growth will cause yields to be flat.
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| RGC: Regal Entertainment Group |
Predicted Surprise: -20.7% |
| Consensus: $0.21 |
StarMine SmartEstimate: $0.17 |
Report Date: 26-Jul-10 |
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Analyst Highlights
Chris White (  ) of Wedbush Securities Inc.has a StarMine "Bold Estimate" of $0.12
Eric Wold (  ) of Merriman Curhan Ford & Co. has an estimate of $0.19
White's lowered forecast anticipates a weak Q2 box office, with attendance down 10%-11%.
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| DWA: Dreamworks Animation Skg Inc |
Predicted Surprise: -5.0% |
| Consensus: $0.24 |
StarMine SmartEstimate: $0.23 |
Report Date: 6-Aug-10 |
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Analyst Highlights
Michael Pachter (  ) of Wedbush Securities Inc. has a StarMine "Bold Estimate" of $0.18
Pachter lowered estimates based on weaker-than-expected performance of Shrek Forever After and poor home video sales.
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| SLB: Schlumberger Ltd |
Predicted Surprise: -2.5% |
| Consensus: $0.68 |
StarMine SmartEstimate: $0.66 |
Report Date: 23-Jul-10 |
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Analyst Highlights
Charles Minervino (  ) of Susquehanna Financial Group has an estimate of $0.65
G Scott Burk (  ) of Oppenheimer & Co. has an estimate of $0.65
Burk sees the moratorium on Gulf Coast drilling to be a drag on earnings.
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| Data through July 12, 2010 |
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This newsletter features stocks that we predict will experience an earnings surprise in the upcoming reporting season. All surprise predictions are uncovered using the powerful analytic and screening capabilities of StarMine Professional.
StarMine Professional provides analyst ratings and SmartEstimates for every stock around the world. Learn more with a free 30-day trial.
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