4 Shipping Stocks To Take Off On Likely Q1 Earnings Beat
Zacks Investment Research | May 10, 2017 11:46PM ET
The Q1 earnings season is in its last leg with majority of the companies having already unveiled their quarterly financial numbers. The picture that has emerged so far is quite encouraging and the Q1 earnings season remains on track to end on a strong note, displaying substantial growth.
According to our latest Earnings ESP Filter .
Earnings ESP is our proprietary methodology for identifying stocks that have high chances of surprising in their next earnings announcement. It shows the percentage difference between the Most Accurate estimate and the Zacks Consensus Estimate.
Our research shows that for stocks with this combination, the chance of a positive earnings surprise is as high as 70%.
4 Shipping Outperformers
With the aid of the above methodology, we hereby present four shipping stocks that are expected to outshine earnings estimates in their upcoming releases.
Star Bulk Carriers Corp. ( .
Teekay LNG Partners L.P. (Zacks Investment Research
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