On January 12, 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 9 out of 10.
WJA CN: Westjet Airlines Ltd
Predicted Surprise: 29.8%
Mean Estimate: C$0.29
StarMine SmartEstimate: C$0.38
Actual: $0.32
ASEI: American Science & Engine Inc
Predicted Surprise: 5.5%
Mean Estimate: $0.91
StarMine SmartEstimate: $0.96
Actual: $1.13
CPA: Copa Holdings Sa
Predicted Surprise: 3.6%
Mean Estimate: $1.07
StarMine SmartEstimate: $1.10
Actual: $1.20
SFL: Ship Finance International Ltd
Predicted Surprise: 1.7%
Mean Estimate: $0.77
StarMine SmartEstimate: $0.78
Actual: $0.66
MCD: McDonalds Corp
Predicted Surprise: 1.7%
Mean Estimate: $0.83
StarMine SmartEstimate: $0.84
Actual: $0.87
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.