Looking for a inventory that has been constantly beating earnings estimates and could be nicely pos
Looking for a inventory that has been constantly beating earnings estimates and could be nicely positioned to maintain the streak alive in its subsequent quarterly report? IHS Markit (INFO), which belongs to the Zacks Enterprise – Data Providers business, could possibly be an awesome candidate to think about.
This monetary info companies supplier has a longtime report of topping earnings estimates, particularly when trying on the earlier two stories. The corporate boasts a mean shock for the previous two quarters of seven.79%.
For the newest quarter, IHS Markit was anticipated to submit earnings of $0.63 per share, but it surely reported $0.67 per share as an alternative, representing a shock of 6.35%. For the earlier quarter, the consensus estimate was $0.65 per share, whereas it truly produced $0.71 per share, a shock of 9.23%.
Worth and EPS Shock
Thanks partially to this historical past, there was a positive change in earnings estimates for IHS Markit currently. Actually, the Zacks Earnings ESP (Anticipated Shock…