Summary: Use Zacks' Earnings ESP filter to find auto, tires, and trucks stocks with positive earnings surprises.

From Nasdaq: 2025-01-23 08:50:11

Wall Street closely monitors quarterly earnings reports, with a focus on earnings. Stock prices often react to how a company performs compared to expectations. Identifying stocks likely to surpass earnings estimates can be profitable. Zacks’ Earnings ESP filter helps investors find potential winners based on analyst revisions.

The Zacks Earnings ESP, or Expected Surprise Prediction, analyzes recent analyst revisions to predict earnings surprises. By comparing the Most Accurate Estimate to the Consensus Estimate, the ESP figure is calculated. Combining a positive ESP with a Zacks Rank #3 or better has historically led to positive earnings surprises and strong returns.

Tesla (TSLA) is a stock to consider, with an Earnings ESP of +0.32%. The company has a Hold rating and a Most Accurate Estimate of $0.76 per share. Utilize the Earnings ESP Filter to identify stocks with potential positive surprises before they report earnings.

Experts have selected 7 top stocks with the highest probability of early price pops. These elite stocks, identified as Zacks Rank #1 Strong Buys, have historically outperformed the market. Consider giving these hand-picked stocks immediate attention for potential gains. Access the list for profitable trading opportunities.



Read more at Nasdaq: How to Find Strong Auto, Tires and Trucks Stocks Slated for Positive Earnings Surprises