Financial intelligence providing company
McGraw Hill Financial, Inc.
) is slated to post its first-quarter 2014 results on Apr 29,
2014. In the previous quarter, the company delivered a positive
earnings surprise of 2.53%. Let's see how things are shaping up
for this announcement.
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Factors This Past Quarter
In the previous quarter, McGraw Hill's earnings surged 12% year
over year. Alongside, reported revenues inched up 2% and exceeded
the Zacks Consensus Estimate. The company's solid revenues
reflected strong performance across all business segments except
Standard & Poor's Ratings Services, which witnessed a 2%
decline in revenues.
Our proven model does not conclusively show that McGraw Hill is
likely to beat earnings this quarter. This is because a stock
needs to have both a positive
(Expected Surprise Prediction) and a Zacks Rank of #1, #2 or #3
for this to happen. This is not the case here as you will see
: McGraw Hill currently has an Earnings ESP of -1.15%. This is
because the Most Accurate estimate stands at 86 cents a share,
while the Zacks Consensus Estimate is pegged at 87 cents.
Zacks Rank #3 (Hold)
: McGraw Hill's Zacks Rank #3 (Hold) when combined with a
negative ESP makes surprise prediction difficult. We caution
against stocks with a Zacks Rank #4 and #5 (Sell-rated stocks)
going into the earnings announcement, especially when the company
is seeing negative estimate revisions momentum.
Other Stocks to Consider
Here are some other companies you may want to consider as our
model shows they have the right combination of elements to post
an earnings beat this quarter:
Rite Aid Corp.
), Earnings ESP of +14.29% and a Zacks Rank #1 (Strong Buy).
The Walt Disney Co.
), Earnings ESP of +2.08% and a Zacks Rank #2 (Buy).
), Earnings ESP of +30.00% and a Zacks Rank #2 (Buy).