Skip to content
  • Computer & Technology
  • SEO
  • Technology
  • About Us
    • Contact Us
    • Advertise Here
    • Disclosure Policy
    • Sitemap
  • Computer & Technology

Want Better Returns? Don’t Ignore These 2 Computer and Technology Stocks Set to Beat Earnings

May 18, 2022
evan
0 Comments

[ad_1]

Earnings are arguably the most important single number on a company’s quarterly financial report. Wall Street clearly dives into all of the other metrics and management’s input, but the EPS figure helps cut through all the noise.

Life and the stock market are both about expectations, and rising above what is expected is often rewarded, while falling short can come with negative consequences. Investors might want to try to capture stronger returns by finding positive earnings surprises.

2 Stocks to Add to Your Watchlist

The Zacks Expected Surprise Prediction, or ESP, works by locking in on the most up-to-date analyst earnings revisions because they can be more accurate than estimates from weeks or even months before the actual release date. The thinking is pretty straightforward: analysts who provide earnings estimates closer to the report are likely to have more information. With this in mind, the Expected Surprise Prediction compares the Most Accurate Estimate (being the most recent) against the overall Zacks Consensus Estimate. The percentage difference provides the ESP figure.

The final step today is to look at a stock that meets our ESP qualifications. Cisco Systems (CSCO) earns a Zacks Rank #2 two days from its next quarterly earnings release on May 18, 2022, and its Most Accurate Estimate comes in at $0.87 a share.

Cisco Systems’ Earnings ESP sits at 0.84%, which, as explained above, is calculated by taking the percentage difference between the $0.87 Most Accurate Estimate and the Zacks Consensus Estimate of $0.86.

CSCO is just one of a large group of Computer and Technology stocks with a positive ESP figure. Zillow Group (ZG) is another qualifying stock you may want to consider.

Zillow Group is a Zacks Rank #3 (Hold) stock, and is getting ready to report earnings on August 4, 2022. ZG’s Most Accurate Estimate sits at $0.39 a share 80 days from its next earnings release.

Zillow Group’s Earnings ESP figure currently stands at 3.8% after taking the percentage difference between its Most Accurate Estimate and its Zacks Consensus Estimate of $0.37.

CSCO and ZG’s positive ESP metrics may signal that a positive earnings surprise for both stocks is on the horizon.

Find Stocks to Buy or Sell Before They’re Reported

Use the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they’re reported for profitable earnings season trading. Check it out here >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Cisco Systems, Inc. (CSCO) : Free Stock Analysis Report
 
Zillow Group, Inc. (ZG) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research

[ad_2]

Source link

Biggest Science And Technology Expo Blair Technology Group Ebay Store Blockchain Technology In Nigeria Brockway Career And Technology Center Communication Technology For Ell Construction Management And Technology Articles Cost Of Airline Technology Innovation Curve Of Technology Expectation D S Technology Usa Dc Cbre Technology Elevate Technology Solutions Hampton Epoch Technology Consulting Contract Famous Ted In Technology Hao Huang Illinois Insttitue Technology Happy Diwali Technology Health Information Technology Across Departments Health Information Technology Professional Networking Holo Image Technology Joint Engine Technology Definition Latest End Mill Technology Medical Technology Site:Harvard.Edu Mental Helath Technology Minnesota Technology Innovation Institute Multimedia Technology Aiwa C6 Gps North Carolina Technology Council Performance Technology Trucking Canton Ohio Peripheral Devices Technology In Action Phase Technology Phase Velocity V62 Psprs Az Chief Technology Officer Rna-Seq Technology Steps San Francisco Technology Output Scientific Technology Wireline Secretly Harmful Technology Skylake Z170 Smart Response Technology Technology Addiction Support Group Technology And Healthcare Jobs Technology At Our Fingertips Technology Based On Nature Technology Book Bindings Manuscript Technology Career Fair Los Angeles Technology Data Entry Jobs Technology Impacting Early Literacy Technology In Education Program Technology Is Hurting Education 217 Technology Leakage Problems Technology Logos Man Hair What Is It Technology Solutions What Technology Does Belgium Have What Technology In 10 Years Youth Technology Leaders Of America

« Online SEO Tools
Apple Releases Swift Playgrounds 4.1 For Mac And iPad »
Sidebar

Recent Posts

  • SEO Firm
  • Electronic Appliances Showroom In Bhopal
  • 9 Ways To Improve The WEB OPTIMIZATION Of Every Website You Design
  • White Hat WEBSITE POSITIONING Companies
  • Bithumb links system with Samsung Securities, mobile apps
Intellifluence Trusted Blogger

Archives

Categories

August 2022
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031  
« Jul    

BL

TL

play 

pixliv Digitally first class

Theme by The WP Club . Proudly powered by WordPress