Earnings Scoreboard
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.”
We think our portfolios are packed with companies reporting compelling earnings surprises. Below are the complete holdings of seven 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).
Please click on the portfolio for which you’d like to see the current Earnings Scoreboard.