Looking for a stock that might be in a good position to beat
earnings at its next report? Consider
FBL Financial Group Inc.
), a firm in the Multi Line Insurance industry, which could be a
great candidate for another beat.
This company has seen a nice streak of beating earnings
estimates, especially when looking at the previous two reports.
In fact, in these reports, FFG has beaten estimates by at least
10% in both cases, suggesting it has a nice short-term history of
Earnings in Focus
Two quarters ago, FFG expected to earn 87 cents per share,
while it actually produced earnings of $1.02 per share, a beat of
17.2%. Meanwhile, for the most recent quarter, the company looked
to deliver earnings of 89 cents per share, when it actually saw
earnings of $1.00 per share instead, representing a 12.4%
Thanks in part to this history, recent estimates have been
moving higher for FBL Financial . In fact, the
for FFG is positive, which is a great sign of a coming beat.
After all, the Zacks Earnings ESP compares the most accurate
estimate to the broad consensus, looking to find stocks that have
seen big revisions as of late, suggesting that analysts have
recently become more bullish on the company's earnings prospects.
This is the case for FFG, as the firm currently has a Zacks
Earnings ESP of 1.1%, so another beat could be around the corner.
This is particularly true when you consider that FFG has a
great Zacks Rank #2 (Buy) which can be a harbinger of
outperformance and a signal for a strong earnings profile. And
when you add this solid Zacks Rank to a positive Earnings
a positive earnings surprise happens nearly
of the time, so it seems pretty likely that FFG could see
another beat at its next report, especially if recent trends are
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FBL FINL GRP-A (FFG): Free Stock Analysis
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