Monday, 11 November 2013

Can Travelers (TRV) Keep the Earnings Streak Alive?



We expect financial transaction service provider The Travelers Companies, Inc. (TRV) to beat expectations when it reports third-quarter 2013 results on Oct 22. Our proven model shows that Travelers Companies is likely to beat earnings because it has the right combination of two key ingredients.

Positive Zacks ESP: Expected Surprise Prediction or Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is +8.29%. This is noteworthy and a leading indicator of a likely positive earnings surprise.

Zacks Rank Note that stocks with a Zacks Rank have a significantly higher chance of beating earnings. The sell-rated stocks (carrying a Zacks Rank #4 or 5) going into an earnings announcement should never be considered, especially when the company is seeing negative estimate revisions. Read more.

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