This shows how many consecutive quarters over the last 15 months (5 quarters) have seen estimate upgrades for the company.
One thing to note is that this is likely to favour companies that reports quarterly although the number of tests is the same for interim reporters, i.e. 5 tests every 3 months.
While broker recommendations in and of themselves do not appear to have much (any?) signal given the inherent positive bias in them, changes in a) forecasts and, to a lesser extent, recommendation have been shown by academic research to be much more meaningful.
Ticker | Name | EPS Upgrade Streak | StockRank™ |
---|---|---|---|
BIT:INC | Innovatec SpA | 0 | 27 |
BIT:IRE | Iren SpA | 3 | 41 |
BIT:CVG | Convergenze SpA SB | 0 | 13 |
NYQ:AVA | Avista | 0 | 33 |
HKG:882 | Tianjin Development Holdings | 0 | 63 |