On April 8, 2011, 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 7 out of 10.
COF: Capital One Financial Corp.
Predicted Surprise: +5.5%
Mean Estimate: $1.48
StarMine SmartEstimate: $1.56
Actual: $2.21
PRE CN: Pacific Rubiales Energy Corp
Predicted Surprise: +4.4%
Mean Estimate: $1.06
StarMine SmartEstimate: $1.10
Actual: $1.19
CAT: Caterpillar Incorporated
Predicted Surprise: +4.2%
Mean Estimate: $1.27
StarMine SmartEstimate: $1.32
Actual: $1.84
TPX: Tempur-Pedic International.
Predicted Surprise: +2.7%
Mean Estimate: $0.58
StarMine SmartEstimate: $0.59
Actual: $0.68
VIA.B: Viacom Inc
Predicted Surprise: +2.7%
Mean Estimate: $0.60
StarMine SmartEstimate: $0.61
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.