Earnings are crucial numbers in a company’s financial report, with EPS often cutting through the noise for investors. Rising above expectations can lead to positive outcomes, while falling short may have negative consequences. The Zacks Earnings ESP focuses on analyst revisions to predict earnings surprises, comparing the Most Accurate Estimate to the Zacks Consensus Estimate.
Hershey (HSY) and Dutch Bros (BROS) are two stocks worth watching. Hershey has an Earnings ESP of 0.72%, while Dutch Bros has a figure of 7.7%. Both companies show positive ESP metrics, potentially hinting at positive earnings surprises in the future. Investors can use the Zacks Earnings ESP Filter to find stocks with high probability of surprising before their earnings reports.
For more stock recommendations, investors can download the 7 Best Stocks for the Next 30 Days from Zacks Investment Research.