From Nasdaq: 2024-05-16 08:50:04

Quarterly financial reports are essential for investors on Wall Street, with earnings being a key metric. Analysts use tools like Zacks Earnings ESP to predict which companies may beat or miss earnings estimates. Stocks like Dick’s Sporting Goods (DKS) and Amazon (AMZN) are prime examples of companies with positive ESP figures, indicating potential earnings surprises ahead.

DKS and AMZN are both set to announce earnings soon, with positive ESP figures suggesting they may outperform analyst expectations. Investors can use the Zacks Earnings ESP Filter to identify stocks with high probabilities of surprising earnings reports before they are released. This tool can help maximize profits during earnings season trading.

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Read more at Nasdaq: Why Investors Need to Take Advantage of These 2 Retail and Wholesale Stocks Now