Looking for Stocks with Positive Earnings Momentum? Check Out These 2 Consumer Staples Names

Group 1: Importance of Earnings and Earnings Surprises - Earnings and interest rates are the two main factors influencing long-term stock prices, with earnings being the focus for investors [1] - Earnings surprises, whether positive or negative, can significantly impact stock performance, making it essential for investors to monitor these events closely [1] - The Zacks Earnings ESP filter is a tool designed to help investors capitalize on earnings surprises to enhance returns [2] Group 2: Zacks Earnings ESP Methodology - The Zacks Earnings ESP (Expected Surprise Prediction) identifies potential earnings surprises by analyzing recent analyst revisions [2] - The ESP is calculated by comparing the Most Accurate Estimate to the Zacks Consensus Estimate, with the percentage difference yielding the ESP figure [2] - Stocks with a positive earnings ESP and a Zacks Rank of 3 (Hold) or better have historically shown a 70% chance of a positive earnings surprise, leading to an average annual return of approximately 28% based on a 10-year backtest [2] Group 3: Stock Analysis - Tyson Foods and Monster Beverage - Tyson Foods (TSN) currently holds a 3 (Hold) ranking, with a Most Accurate Estimate of $0.42 per share and an Earnings ESP of +21.15%, indicating a strong potential to exceed earnings expectations [4] - Monster Beverage (MNST) also holds a 3 (Hold) ranking, with a Most Accurate Estimate of $0.44 per share and an Earnings ESP of +0.44%, suggesting a favorable outlook for its upcoming earnings report [5] - Both TSN and MNST are part of a larger group of Consumer Staples stocks with positive ESP figures, indicating a good chance of beating analyst expectations in their next earnings reports [4][5]