How to scan for EPS surprise | stockbee

4/18/2018

How to scan for EPS surprise

Stocks with big earnings surprise make big moves in a year. Best way to find them is on earnings day , but if you miss that opportunity , you can still find them using scans in Marketsmith.


The above screen looks for stocks priced above 15 that are within 15% of 52 week high and 50 day average volume of 100000 that had an earnings surprise of 50% plus in last reported quarter  and also EPS growth rate of 40% plus.

If you run the scan today you will get 115 stocks.  90 stocks out of that 115 have had 40% plus move and 28 out of that have doubled.

Earnings surprise is one of the ways to find stocks likely to make explosive moves. If you are serious about making money trading add earnings based strategies to your tool box

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