CHICAGO, May 9, 2011 /PRNewswire/ -- Zacks.com releases
the list of companies likely to issue earnings surprises. This
week's list includes Johnson & Johnson (NYSE: JNJ),
McDonald's (NYSE: MCD), Microsoft (Nasdaq: MSFT),
Goldman Sachs (NYSE: GS) and AT&T (NYSE: T). See
more earnings analysis.
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Winding Down, Not Over
Historically the best indicators of firms which are likely to
report positive surprises are a recent history of positive
surprises and rising estimates going into the report. The Zacks
Rank is also a good indicator of potential surprises. Similarly, a
recent history of earnings disappointments, cuts in the average
estimate for the quarter in the month before the report is due and
a poor Zacks Rank (#4 or #5) are often red flags pointing to a
potential disappointing earnings report. In the Earnings calendar
below, $999.00 should be read as
N.A.
Potential Positive Surprises
Gildan (NYSE: GIL) is expected to report EPS of
$0.49, up from $0.41 a year ago. Last time out, GIL posted a
7.14% positive surprise. Over the last month, analysts have not
changed their expectations for this quarter. GIL is a Zacks #1
Ranked stock.
Nordstrom (NYSE: JWN) is expected to report EPS of
$0.66, up from $0.52 a year ago. Last time out, JWN posted a
4.0% positive surprise. Over the last month, analysts have raised
their expectations for this quarter by 6.15%. JWN is a Zacks #2
Ranked stock
Transdigm Group (NYSE: TDG) is expected to report EPS of
$0.84, up from $0.41 a year ago. Last time out, TDG posted a
371.9% positive surprise. Over the last month, analysts have raised
their expectations for this quarter by 0.57%. TDG is a Zacks #1
Ranked stock.
Potential Negative Surprises
Compass Diversified (NYSE: CODI) is expected to report
EPS of $0.28, vs. a loss of
$0.44 a year ago. Last time
out, CODI posted a 5.88% disappointment. Over the last month,
analysts have cut their expectations for this quarter by
4.27%. CODI is a Zacks #5 Ranked stock.
Dryships (Nasdaq: DRYS) is expected to report EPS of
$0.18, down from $0.27 a year ago. Last time out, DRYS posted a
7.69% disappointment. Over the last month, analysts have cut their
expectations for this quarter by 4.76%. LEG is a Zacks #5 Ranked
stock.
Dirk Van Dijk, CFA, is the
Chief Equity Strategist for Zacks.com.
About the Zacks Rank
Since 1988, the Zacks Rank has proven that "Earnings estimate
revisions are the most powerful force impacting stock prices."
Since inception in 1988, #1 Rank Stocks have generated an average
annual return of +28%. During the 2000-2002 bear market, Zacks #1
Rank stocks gained +43.8%, while the S&P 500 tumbled -37.6%.
Also note that the Zacks Rank system has just as many Strong Sell
recommendations (Rank #5) as Strong Buy recommendations (Rank #1).
Since 1988, Zacks Rank #5 stocks have significantly underperformed
the S&P 500 (+2% versus +9%). Thus, the Zacks Rank system
allows investors to truly manage portfolio trading effectively.
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Contact: Dirk Van Dijk, CFA
Company: Zacks.com
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