Why Earnings Season Could Be Great for Ball Corp (BALL)

Core Viewpoint - Ball Corporation is positioned favorably for an upcoming earnings report, with analysts raising earnings estimates, indicating potential for an earnings beat [1][2] Earnings Estimate Revisions - Recent earnings estimate revisions for Ball Corporation are positive, suggesting favorable trends that may lead to an earnings beat [1] - The Most Accurate Estimate for the current quarter is higher than the Zacks Consensus Estimate of 56 cents per share, indicating analysts have recently increased their estimates [1] Earnings ESP - Ball Corporation has a Zacks Earnings ESP of +1.50% heading into earnings season, which is a positive indicator for potential earnings surprises [1] - A positive Zacks Earnings ESP has historically led to positive surprises and outperformance in the market, with a nearly 70% success rate in producing positive surprises [2] Zacks Rank - Ball Corporation holds a Zacks Rank of 3 (Hold), which, combined with a positive Earnings ESP, suggests it may be a stock to consider ahead of earnings [2] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have returned over 28% on average in annual returns based on a 10-year backtest [2]