| Why Thompson Creek Metals (TC) Might Surprise This Earnings Season - Tale of the Tape | |
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Investors are always looking for stocks that are poised to beat at earnings season and Thompson Creek Metals Company Inc. (TC) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Thompson Creek Metalsis seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings—with the most up-to-date information possible—is a pretty good indicator of some favorable trends underneath the surface for TC in this report. In fact, the Most Accurate Estimate for the current quarter is currently at breakeven for TC, compared to a broader Zacks Consensus Estimate of a loss of 1 cent per share. This suggests that analysts have very recently bumped up their estimates for TC, giving the stock a Zacks Earnings ESP of 100.00% heading into earnings season. Why is this Important? A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10 year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here). Given that TC has a Zacks Rank #3 (Hold) and an ESP in positive territory, investors might want to consider this stock ahead of earnings. Clearly, recent earnings estimate revisions suggest that good things are ahead for Thompson Creek Metals, and that a beat might be in the cards for the upcoming report. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report THOMPSON CREEK (TC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
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Thompson Creek Metals Co Inc.
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CODE : TCM.TO |
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Thompson Creek est une société de production minière d'or et de cuivre basée au Canada. Thompson Creek est productrice d'or, de cuivre, de molybdène au Canada, en développement de projets de cuivre, de molybdène et d'or au Canada, et détient divers projets d'exploration au Canada. Ses principaux projets en production sont ENDAKO et THOMPSON CREEK MINE au Canada, ses principaux projets en développement sont DAVIDSON (YORKE-HARDY) et MOUNT MILLIGAN au Canada et ses principaux projets en exploration sont MAZE LAKE, BERG et HOWARDS PASS au Canada. Thompson Creek est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 149,3 millions CA$ (111,4 millions US$, 102,3 millions €). La valeur de son action a atteint son plus haut niveau récent le 15 juillet 2011 à 9,88 CA$, et son plus bas niveau récent le 22 janvier 2016 à 0,16 CA$. Thompson Creek possède 222 780 000 actions en circulation. |