5 Top-Ranked Stocks Poised for an Earnings Beat

Core Insights - Investors are actively seeking stocks that can outperform market expectations ahead of earnings season, focusing on high-quality stocks [1] - A positive earnings surprise is crucial as stocks often decline if they miss or only meet expectations, regardless of nominal earnings growth [2][4] - Historical earnings surprise performance can indicate a company's ability to exceed estimates, making it a key factor for investors [6][7] Stock Screening Methodology - Stocks with a last EPS surprise of at least 10% are more likely to surprise again [7] - An average EPS surprise of over 20% in the last four quarters indicates strong potential for future earnings beats [8] - Additional criteria include a Zacks Rank of 1 or 2 and a positive Earnings ESP, which are essential for predicting earnings beats [9] Selected Stocks - Tenet Healthcare (THC): Zacks Rank 2, average earnings surprise of 46.86% over the past four quarters [10][11] - Fortinet (FTNT): Zacks Rank 2, average earnings surprise of 24.76% [10][11] - Lyft (LYFT): Zacks Rank 2, average earnings surprise of 42.11% [10][11] - Doximity (DOCS): Zacks Rank 1, average earnings surprise of 26.00% [10][12] - Garmin (GRMN): Zacks Rank 2, average earnings surprise of 25.85% [10][13]