On April 8, 2009, StarMine's Earnings Surprise Forecast highlighted 10 companies with a high probability of reporting an earnings surprise. Using StarMine SmartEstimates as our guide, we accurately predicted the surprise direction in 6 out of 10.
IMN CN: Inmet Mining Corp
Predicted Surprise: 13.9%
Mean Estimate: C$0.697
StarMine SmartEstimate: C$0.794
Actual: C$1.060
ASH: Ashland Inc
Predicted Surprise: 9.0%
Mean Estimate: $0.27
StarMine SmartEstimate: $0.30
Actual: $0.85
CMO: Capstead Mortgage Corp
Predicted Surprise: 5.7%
Mean Estimate: $0.51
StarMine SmartEstimate: $0.54
Actual: $0.58
PGR: Progressive Corp Ohio
Predicted Surprise: 4.2%
Mean Estimate: $0.40
StarMine SmartEstimate: $0.42
Actual: $0.42
AIPC: American Italian Pasta Co
Predicted Surprise: 2.1%
Mean Estimate: $0.75
StarMine SmartEstimate: $0.77
Actual: $0.72
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.
