Zacks Earnings Preview: Nacco Industries, Silver Wheaton, TPC Group, AES Corp and Big Five Sporting Goods

CHICAGO, Feb. 28, 2011 /PRNewswire/ -- Zacks.com releases the list of companies likely to issue earnings surprises. This week's list includes Nacco Industries (NYSE: NC), Silver Wheaton (NYSE: SLW), TPC Group (Nasdaq: TPCG), AES Corp (NYSE: AES) and Big Five Sporting Goods (Nasdaq: BGFV).

(Logo:  http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)

To see more earnings analysis, visit http://at.zacks.com/?id=3207.

Every day, Zacks.com makes 4 stock picks available, free of charge. To see them, go to http://at.zacks.com/?id=3567.

Earnings Season Almost Over

Historically the best indicators of firms likely to report positive surprises are a recent history of positive surprises and rising estimates going into the report. The Zacks Rank is also a good indicator of potential surprises. Similarly a recent history of earnings disappointments, cuts in the average estimate for the quarter in the month before the report is due and a poor Zacks Rank (#4 or #5) are often red flags pointing to a potential disappointing earnings report.

Potential Positive Surprises:

Nacco Industries (NYSE: NC) is expected to report $4.23 vs. $2.48 last year. Last time out it reported a 4.07% positive surprise, and over the last month the mean estimate for the about-to-be-reported quarter has increased by 1.20%. NC is a Zacks #1 Ranked stock.

Silver Wheaton (NYSE: SLW) is expected to report $0.29 vs. $0.15 last year. Last time out it reported in line with expectations, and over the last month the mean estimate for the about-to-be-reported quarter has increased by 4.02%. SLW is a Zacks #1 Ranked stock.

TPC Group (Nasdaq: TPCG) is expected to report $0.23 vs. $0.15 last year. Last time out it reported a 18.64% positive surprise, and over the last month the mean estimate for the about-to-be-reported quarter has increased by 25.00%. TPCG is a Zacks #1 Ranked stock.

Potential Negative Surprises:

AES Corp (NYSE: AES) is expected to report $0.25 vs. $0.22 last year. Last time out it reported a 20.0% negative surprise, and over the last month the mean estimate for the about-to-be-reported quarter is down 1.96%. AES is a Zacks #4 Ranked stock.

Big Five Sporting Goods (Nasdaq: BGFV) is expected to report $0.23 vs. $0.32 last year. Last time out it reported a 3.13% disappointment, and over the last month the mean estimate for the about-to-be-reported quarter has been cut by 2.51%. BGFV is a Zacks #5 Ranked stock.

Dirk Van Dijk, CFA, is the Chief Equity Strategist for Zacks.com.

About the Zacks Rank

Since 1988, the Zacks Rank has proven that "Earnings estimate revisions are the most powerful force impacting stock prices." Since inception in 1988, #1 Rank Stocks have generated an average annual return of +28%. During the 2000-2002 bear market, Zacks #1 Rank stocks gained +43.8%, while the S&P 500 tumbled -37.6%. Also note that the Zacks Rank system has just as many Strong Sell recommendations (Rank #5) as Strong Buy recommendations (Rank #1). Since 1988, Zacks Rank #5 stocks have significantly underperformed the S&P 500 (+2% versus +9%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively.

Zacks "Profit from the Pros" e-mail newsletter offers continuous coverage of the industries and the stocks poised to outperform the market. Subscribe to this free newsletter today by visiting http://at.zacks.com/?id=4988.

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros.  In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros by going to http://at.zacks.com/?id=3568.

Follow us on Twitter:  http://twitter.com/zacksresearch

Join us on Facebook:  http://www.facebook.com/ZacksInvestmentResearch

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

Contact: Dirk Van Dijk, CFA

Company: Zacks.com

Phone: 312-265-9211

Email: pr@zacks.com

Visit: www.Zacks.com



SOURCE Zacks Investment Research, Inc.

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here