ZIM - 3 Companies Set to Positively Surprise this Earnings Season | Benzinga
Earnings season has arrived, with Friday's big bank results shifting the period into a much higher gear. The period looks to be positive, with earnings growth expected to be strong, again underpinned by a strong forecasted showing from the Tech sector.
Concerning looming surprises, ZIM Integrated Shipping Services (NYSE: ZIM), Decker's Outdoors (NYSE: DECK), and Hims and Hers Health (NYSE: HIMS), could all bring positivity, with each boasting a positive Earnings ESP Score and a favorable Zacks Rank.
Zacks Earnings ESP (Expected Surprise Prediction) finds companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is generally 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 ...