Machinery Stocks To Post Earnings On Apr 26: KMT, ROK & IR
Zacks Investment Research | Apr 25, 2017 08:59AM ET
With the Q1 earnings season taking center stage, investors are all eagerly waiting to note the daily beats and misses of mega companies.
Our latest Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for an earnings beat. That is not the case here as we will see below.
Kennametal’s Earnings ESP is 0.00%, as the Most Accurate estimate is in line with the Zacks Consensus Estimate of 43 cents. The company carries a favorable Zacks Rank #3, however we also need to have a positive ESP to be confident of an earnings beat.
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