Looking for a inventory that has been persistently beating earnings estimates and is likely to be n
Looking for a inventory that has been persistently beating earnings estimates and is likely to be nicely positioned to maintain the streak alive in its subsequent quarterly report? First American Monetary (FAF), which belongs to the Zacks Insurance coverage – Property and Casualty trade, could possibly be an amazing candidate to contemplate.
When trying on the final two reviews, this monetary providers firm has recorded a powerful streak of surpassing earnings estimates. The corporate has topped estimates by 12.14%, on common, within the final two quarters.
For the final reported quarter, First American Monetary got here out with earnings of $1.58 per share versus the Zacks Consensus Estimate of $1.35 per share, representing a shock of 17.04%. For the earlier quarter, the corporate was anticipated to submit earnings of $0.69 per share and it truly produced earnings of $0.74 per share, delivering a shock of seven.25%.
Worth and EPS Shock
Thanks partially to this historical past, there was a positive change in earnings estimates for First American…