After the end of every calendar quarter, the Navellier research team tests for "what is working on Wall Street" to develop fundamental variable models that we think are good predictors of stock movements. A key variable included in virtually every model our firm has ever produced is known as "earnings surprise." An earnings surprise occurs whenever a company's actual earnings report either exceeds (positive) or fails (negative) to meet analysts' earnings expectations. Since we don't short stocks, we look for positive earnings surprises. The academic research is conclusive about earnings surprises: there is a statistically significant correlation between a company's surprise earnings announcement and an increase in the company's stock price: click the following link and type in ‘earnings surprise’ Earnings Surprise.
We think our portfolios are packed with companies reporting compelling earnings surprises. Below are the complete holdings of six of our portfolio strategies showing earnings surprises. (Where you see “#N/A,” the companies likely either (1) lacked sufficient analyst estimates to generate an earnings surprise value or (2) were reporting no surprises).
This data is updated on Tuesdays as of 2pm Pacific Time.
|Ticker||Company Name||Price||Last Actual
|CYBR||Cyberark Software Ltd||128.81||05/14/2019||$0.41||$0.56||35.69%|
|GRVY||Gravity Co Ltd -adr||86.7||05/13/2019|
|BSTC||Biospecifics Technologies Cp||64.33||05/10/2019||$0.62||$0.60||-3.23%|
|GDOT||Green Dot Corp||48.72||05/09/2019||$1.43||$1.51||5.33%|
|IIPR||Innovative Industrial Pptys||88.86||05/09/2019||$0.33||$0.33||0.00%|
|MBUU||Malibu Boats Inc||39.95||05/09/2019||$1.04||$1.15||10.40%|
|CHCT||Community Healthcare Trust||37.35||05/08/2019||$0.11||$0.06||-45.45%|
|ERIE||Erie Indemnity Co -cl A||204||05/03/2019||$1.37||$1.44||5.11%|
|HMSY||Hms Holdings Corp||30.98||05/03/2019||$0.23||$0.28||24.28%|
|INS||Intelligent System Corp||44.87||05/03/2019|
|NSA||National Storage Affiliates||29.95||05/03/2019||$0.10||$0.08||-20.00%|
|OLED||Universal Display Corp||162.07||05/03/2019||$0.29||$0.66||124.37%|
|FSS||Federal Signal Corp||24.75||05/02/2019||$0.26||$0.30||16.28%|
|FOXF||Fox Factory Holding Cp||69.37||05/02/2019||$0.48||$0.55||14.85%|
|MRCY||Mercury Systems Inc||72.94||05/01/2019||$0.45||$0.50||10.67%|
|PAYC||Paycom Software Inc||210.75||05/01/2019||$1.11||$1.19||6.82%|
|TREX||Trex Co Inc||58.79||04/30/2019||$0.59||$0.54||-8.97%|
|BOOM||Dmc Global Inc||72.01||04/26/2019||$0.74||$1.02||37.84%|
|WWE||World Wrestling Entmt Inc||80.08||04/25/2019||$-0.02||$-0.11||-576.87%|
|GTLS||Chart Industries Inc||78.88||04/18/2019||$0.43||$0.39||-8.70%|
|MLNX||Mellanox Technologies Ltd||112.89||04/17/2019||$1.46||$1.59||9.28%|
|DLTH||Duluth Holdings Inc||15.83||04/05/2019||$0.75||$0.64||-15.12%|
|FIVE||Five Below Inc||125.65||03/28/2019||$1.57||$1.59||0.95%|
|OLLI||Ollie's Bargain Outlet Hldgs||98.87||03/27/2019||$0.70||$0.71||2.14%|
|RFIL||R F Industries Ltd||7.69||03/13/2019|
|VEEV||Veeva Systems Inc||141.76||02/27/2019||$0.40||$0.45||11.84%|
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