Why Stifel (SF) Could Beat Earnings Estimates Again

Core Viewpoint - Stifel Financial (SF) is highlighted as a strong candidate for investors due to its consistent performance in beating earnings estimates and its favorable positioning for future earnings reports [1]. Earnings Performance - Stifel has a proven track record of exceeding earnings estimates, with an average surprise of 4.52% over the last two quarters [2]. - In the last reported quarter, Stifel achieved earnings of $1.95 per share, surpassing the Zacks Consensus Estimate of $1.85 per share by 5.41% [3]. - For the previous quarter, the company reported earnings of $1.71 per share against an expectation of $1.65 per share, resulting in a surprise of 3.64% [3]. Earnings Estimates and Predictions - Recent changes in earnings estimates for Stifel have been favorable, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [6]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced positive surprises nearly 70% of the time [7]. - Stifel currently has an Earnings ESP of +1.22%, suggesting that analysts are optimistic about the company's earnings prospects [9]. Importance of Earnings ESP - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [8]. - A positive Earnings ESP combined with a Zacks Rank of 2 (Buy) indicates a high probability of another earnings beat for Stifel [9]. - It is crucial for investors to check a company's Earnings ESP prior to quarterly releases to enhance the chances of successful investment decisions [10].