CHICAGO, Jan. 31, 2011 /PRNewswire/ -- Zacks.com releases
the list of companies likely to issue earnings surprises. This
week's list includes: Ameriprise Financial (NYSE: AMP),
Novellus (Nasdaq: NVLS), Aetna (NYSE: AET), Vulcan
Materials (NYSE: VMC) and Cincinnati Financial (Nasdaq:
CINF).
(Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)
To see more earnings analysis, visit
http://at.zacks.com/?id=3207.
Every day, Zacks.com makes 4 stock picks available, free of
charge. To see them, go to http://at.zacks.com/?id=3567.
Busy Earnings Week Ahead
Historically the best indicators of firms likely to report
positive surprises are a recent history of positive surprises and
rising estimates going into the report. The Zacks Rank is also a
good indicator of potential surprises.
Similarly, a recent history of earnings disappointments, cuts in
the average estimate for the quarter in the month before the report
is due and a poor Zacks Rank (#4 or #5) are often red flags
pointing to a potential disappointing earnings report.
Potential Positive Surprises:
Ameriprise Financial (NYSE: AMP) is expected to report
$1.29 vs. $0.91 last year. Last time out it reported a
28.04% positive surprise, and over the last month the mean estimate
for the about-to-be-reported quarter has increased by 5.88%. AMP is
a Zacks #1 Ranked stock.
Novellus (Nasdaq: NVLS) is expected to report
$0.94 vs. $0.39 last year. Last time out it reported a
4.76% positive surprise, and over the last month the mean estimate
for the about-to-be-reported quarter has increased by 0.41%. NVLS
is a Zacks #1 Ranked stock.
Aetna (NYSE: AET) is expected to report $0.60 vs. $0.40
last year. Last time out it reported a 25.37% positive surprise,
and over the last month the mean estimate for the
about-to-be-reported quarter has increased by 1.11%. AET is a Zacks
#2 Ranked stock.
Potential Negative Surprises:
Vulcan Materials (NYSE: VMC) is expected to report a loss
of $0.19 vs. a loss of $0.10 last year. Last time out it reported a
57.89% disappointment, and over the last month the mean estimate
for the about to reported quarter has dropped by 1.83%. VMC is a
Zacks #5 Ranked stock.
Cincinnati Financial (Nasdaq: CINF) is expected to report
$0.36 vs. $0.53 last year. Last time out it reported an
8.11% disappointment and over the last month the mean estimate for
the about-to-be-reported quarter has been cut by 3.23%. CINF
is a Zacks #4 Ranked stock.
Dirk Van Dijk, CFA, is the
Chief Equity Strategist for Zacks.com.
About the Zacks Rank
Since 1988, the Zacks Rank has proven that "Earnings estimate
revisions are the most powerful force impacting stock prices."
Since inception in 1988, #1 Rank Stocks have generated an average
annual return of +28%. During the 2000-2002 bear market, Zacks #1
Rank stocks gained +43.8%, while the S&P 500 tumbled -37.6%.
Also note that the Zacks Rank system has just as many Strong Sell
recommendations (Rank #5) as Strong Buy recommendations (Rank #1).
Since 1988, Zacks Rank #5 stocks have significantly underperformed
the S&P 500 (+2% versus +9%). Thus, the Zacks Rank system
allows investors to truly manage portfolio trading effectively.
Zacks "Profit from the Pros" e-mail newsletter offers continuous
coverage of the industries and the stocks poised to outperform the
market. Subscribe to this free newsletter today by visiting
http://at.zacks.com/?id=4988.
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc.,
which was formed in 1978 by Leonard
Zacks. As a PhD in mathematics Len knew he could find
patterns in stock market data that would lead to superior
investment results. Amongst his many accomplishments was the
formation of his proprietary stock picking system; the Zacks Rank,
which continues to outperform the market by nearly a 3 to 1 margin.
The best way to unlock the profitable stock recommendations and
market insights of Zacks Investment Research is through our free
daily email newsletter; Profit from the Pros. In short, it's
your steady flow of Profitable ideas GUARANTEED to be worth your
time! Register for your free subscription to Profit from the Pros
by going to http://at.zacks.com/?id=3568.
Follow us on Twitter: http://twitter.com/ZacksResearch
Join us on Facebook:
http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Zacks Investment Research is under common control with
affiliated entities (including a broker-dealer and an investment
adviser), which may engage in transactions involving the foregoing
securities for the clients of such affiliates.
Visit http://www.zacks.com/performance for information about the
performance numbers displayed in this press release.
Disclaimer: Past performance does not guarantee future results.
Investors should always research companies and securities before
making any investments. Nothing herein should be construed as an
offer or solicitation to buy or sell any security.
Contact: Dirk Van Dijk,
CFA
|
|
Company: Zacks.com
|
|
Phone: 312-265-9211
|
|
Email: pr@zacks.com
|
|
Visit: www.Zacks.com
|
|
|
SOURCE Zacks Investment Research, Inc.