The changes proposed to Guidance Note 8 seek to address such concerns by providing further guidance on when an earnings surprise
ought to be disclosed to the market.
Glance over the brief descriptions of our two recent earnings surprise
In many cases, companies' stocks will rise in the days before an upside earnings surprise
is expected, then drop on the news.
The disparity between firms beating estimates, but having negative year-over-year earnings growth is particularly noticeable in Tech, where the earnings surprise
ratio is a huge 10, but the growth ratio is just 0.
Yet that brings to mind one of the most confusing things about earnings season; Why do some stocks skyrocket on a positive earnings surprise
while others fall off a cliff?
DVN has announced a positive earnings surprise
three out of the last four quarters.
delivered its twelfth straight positive earnings surprise
C-COR Incorporated delivered a 200% positive earnings surprise
when it reported second-quarter EPS of 12 cents.
delivered a 20% positive earnings surprise
for its September 2006 quarter.
Can ZOLL deliver a positive earnings surprise
in light of such an increase?
Rock-Tenn Company continues to benefit from the positive earnings surprise
that it reported on Nov 6, the third straight quarter that it exceeded analysts' expectations.
After KTEC delivered its positive earnings surprise
, the stock closed higher by about 5%.