Satellite Communication Q3 Earnings On Nov 8: SATS & LSXMA
Zacks Investment Research | Nov 06, 2016 08:47PM ET
The third-quarter earnings season is approaching its end with reports from 84.6% of the S&P 500 companies already out as of Nov 4 (per the latest that enables you to find stocks that are expected to come out with earnings surprises.
Meanwhile, according to our proven model, a company needs the right combination of two key ingredients – a positive earnings ESP and a Zacks Rank #3 or better – to increase the odds of an earnings surprise. Thus, EchoStar is unlikely to beat the Zacks Consensus Estimate this quarter.
The Liberty SiriusXM Group (NASDAQ:LSXMA) : The Liberty SiriusXM Group provides satellite radio services consists of commercial-free music, sports, news, talk, entertainment, traffic and weather. The company currently carries a Zacks Rank #4 (Sell).
Meanwhile, The Liberty SiriusXM Group has an Earnings ESP of +9.09%. The Most Accurate estimate is 36 cents while the Zacks Consensus Estimate is pegged lower at 33 cents. However, a Zacks Rank #4 coupled with a positive earnings ESP makes surprise prediction difficult. Therefore, The Liberty SiriusXM Group is unlikely to beat the Zacks Consensus Estimate this quarter.
LIBERTY SIRI-A Price and EPS Surprise
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