Earnings ESP (Expected Surprise Prediction)
Top Stocks to Beat Earnings
Symbol | Company Name |
ESP | Most Accurate Estimate |
Consensus Estimate |
Price | Zacks Rank | %Surprise (lst Qtr.) |
Reporting Date |
---|---|---|---|---|---|---|---|---|
AMZN | Amazon.c | 8.31% | 1.66 | 1.54 | 225.94 | 1 | 25.44% | 02/06/25 |
CVX | Chevron | 0.08% | 2.23 | 2.23 | 161.47 | 3 | 1.62% | 01/31/25 |
META | Meta Pla | 6.89% | 7.30 | 6.83 | 612.77 | 3 | 16.18% | 01/29/25 |
SHOP | Shopify | 23.08% | 0.54 | 0.44 | 103.35 | 3 | 33.33% | 02/11/25 |
COST | Costco W | 0.82% | 4.11 | 4.07 | 943.19 | 2 | 0.79% | 03/06/25 |
Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.
The technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest.
ESP News
ESP in the News
Which companies are seeing ESP activity?
What is Zacks Earnings ESP?
Earnings ESP (Expected Surprise Prediction) is a potent tool that investors can use to select better stocks for their portfolios. You can learn more about this concept here in our Earnings ESP Education Center: