Quarterly financial reports on Wall Street are crucial for investors, with earnings being a key metric. Earnings surprises, whether positive or negative, can significantly impact stock performance. Utilizing tools like the Zacks Earnings ESP can help investors identify companies likely to beat their earnings estimates, leading to potential stock price increases.

The Zacks Earnings ESP tool focuses on analyst revisions close to the earnings release date for more accurate estimates. By comparing the Most Accurate Estimate to the Zacks Consensus Estimate, the Expected Surprise Prediction is calculated. Pairing a positive earnings ESP with a Zacks Rank of #3 (Hold) or better has historically led to positive earnings surprises and higher stock returns.

Emcor Group (EME) and D.R. Horton (DHI) are examples of stocks with positive ESP figures, indicating potential to beat analyst expectations in their upcoming earnings reports. Utilizing the Zacks Earnings ESP Filter can help investors identify stocks with a high probability of positive surprises before they are reported, enhancing trading strategies for earnings season.

A significant infrastructure stock boom is expected in the U.S., with trillions of dollars to be spent on rebuilding. Investors can capitalize on this trend by identifying companies poised to benefit from construction, repair, and infrastructure development. Zacks offers a Special Report highlighting five companies positioned for growth in this sector, providing valuable insights for investors looking to profit from the infrastructure spending surge.

Read more at Nasdaq: These 2 Construction Stocks Could Beat Earnings: Why They Should Be on Your Radar