On March 5, 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.
2448 TT: Epistar Corp(P)
Predicted Surprise: -11.5%
Mean Estimate: NT$0.89
StarMine SmartEstimate: NT$0.79
Actual: NT$0.07
MSIL IN: Maruti Suzuki India Ltd
Predicted Surprise: -4.8%
Mean Estimate: Rs48.37
StarMine SmartEstimate: Rs46.08
Actual: Rs42.18
297 HK: Sinofert Holdings
Predicted Surprise: -3.7%
Mean Estimate: HK$0.334
StarMine SmartEstimate: HK$0.322
Actual: CNY0.274
1898 HK: China Coal Energy Co
Predicted Surprise: -3.2%
Mean Estimate: CNY0.69
StarMine SmartEstimate: CNY0.67
Actual: CNY0.65
7951 JP: Yamaha Corp
Predicted Surprise: -2.5%
Mean Estimate: ¥11.08
StarMine SmartEstimate: ¥10.81
Actual: ¥13.85
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.