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StarMine Models Pick North American Companies for 17Q1 Earnings Beats

The StarMine team has selected five U.S. companies, using the Eikon Screener, that we expect to beat earnings estimates, based on SmartEstimate® and Predicted Surprise data.

Our North American selections for 2016 Q4 were 80% correct, which can be seen here. Historically, our picks have demonstrated an accuracy rate of about 75%, giving investors an edge ahead of earnings announcements.

North American 17Q1 Positive Surprise Predictions

SmartEstimates® aim to provide earnings forecasts that are more accurate than I/B/E/S Consensus Estimates, by putting more weight on the recent forecasts of top-rated analysts. When SmartEstimates® diverge significantly from Consensus, you can anticipate the occurrence of earnings surprises with an accuracy rate of 70%. Revenue SmartEstimates® are even more predictive of surprises, with a historical accuracy rate of 78%.

Owens Corning 17Q1 EPS Estimate History

Owens Corning (OC.N)

Construction supplier Owens Corning is expected to benefit from strength in its roofing segment, which represents roughly 39% of 2016 revenue. Owens has a 17Q1 EPS Predicted Surprise of 8.4%...