On August 9, 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 6 out of 10.
NES1V FH: Neste Oil Oyj
Predicted Surprise: -20.8%
Mean Estimate: EUR0.16
StarMine SmartEstimate: EUR0.13
Actual: EUR0.15
HOLN SW: Holcim Ltd
Predicted Surprise: -7.8%
Mean Estimate: CHF1.16
StarMine SmartEstimate: CHF1.07
Actual: CHF1.11
NHY NO: Norsk Hydro Asa
Predicted Surprise: -7.2%
Mean Estimate: NOK0.68
StarMine SmartEstimate: NOK0.63
Actual: NOK0.50
MB IM: Mediobanca*
Predicted Surprise: -6.5%
Mean Estimate: EUR0.58
StarMine SmartEstimate: EUR0.54
Actual: EUR0.43
AUSS NO: Austevoll Seafood Asa
Predicted Surprise: -2.1%
Mean Estimate: NOK1.53
StarMine SmartEstimate: NOK1.50
Actual: NOK0.80
* Note that MB IM is for the full year results.
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.
