Zacks Names Three Industrial Stocks Poised to Beat Earnings

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Summary · why it matters

Zacks Investment Research has identified Ingersoll Rand, RBC Bearings, and Crane Company as three industrial stocks likely to surpass earnings estimates this season. Ingersoll Rand holds an Earnings ESP of +0.61% and a Zacks Rank of 3 ahead of its July 30 report, with consensus revenue of $1.96 billion and earnings of 83 cents per share. RBC Bearings carries an Earnings ESP of +0.66% and a Zacks Rank of 2 before its July 31 release, with consensus revenue of $508.6 million and earnings of $3.42 per share. Crane Company shows an Earnings ESP of +4.73% and a Zacks Rank of 2 prior to its July 28 announcement, with consensus revenue of $706.1 million and earnings of $1.66 per share. The picks are based on Zacks' proprietary model combining positive Earnings ESP and a Zacks Rank of 1, 2, or 3, which historically yields a 70% earnings-beat probability.

Impact on assets 3

Industrials▲ · 2 stocks
Ingersoll Rand Inc
IR
▲ PositiveCapitalrelevance

Zacks model predicts Ingersoll Rand will beat earnings estimates, with Earnings ESP of +0.61% and Zacks Rank 3.

RBC Bearings Incorporated
RBC
▲ PositiveCapitalrelevance

Zacks model predicts RBC Bearings will beat earnings estimates, with Earnings ESP of +0.66% and Zacks Rank 2.

Defense & Geopolitical Fragmentation▲ · 1 stocks
Crane Company
CR
▲ PositiveCapitalrelevance

Zacks model predicts Crane Company will beat earnings estimates, with high Earnings ESP of +4.73% and Zacks Rank 2.