Earnings and Revenue Surprise Ranks

This is a look at the rankings of some of the target companies of this board in earnings surprises and sales surprises in the most recent earnings release, and the average of ranks of each.

I pulled 951 earnings releases from Zacks. Companies over $750m mkt cap, stock price over $7.50, earnings surprise at least 13%.
For example - SNOW’s Pct rank of 3.3 means its average of the ranks of revenue surprise and EPS surprise was in the 4th percentile - it beat 95% of those 951 companies by that metric.


Symbol   Rev Surprise% EPS Surprise%  Pct Rank
SNOW    |  10.0       |   166.7     |   3.3
DCBO    |  11.1       |   140.0     |   3.7
DDOG    |   9.3	      |   116.7	    |   5.5
MNDY    |  11.2       |    56.7     |  12.4
NET     |   4.0       |   100.0     |  13.6
CRWD    |   4.2       |    70.0     |  20.6
PLTR    |   2.0       |    33.3     |  61.8
DOCU    |   3.1       |    27.1     |  69.2
LSPD    |   7.1       |    20       |  73.7
ZS      |   8.6       |    16.7     |  73.9

I also pulled YOY revenue growth from Zacks. MNDY, LSPD, CRWD, SNOW and NET were the ones also in the top 10 (@top 1%) in revenue growth across all 951 companies screened. DDOG and ZS were in the top 20. DOCU slipped outside the top 20 with its 42% YOY revenue growth.

The betting on rev & eps surprises is part of what affects pre-earnings price changes. The ones that keep higher actual surprises going along with top tier revenue growth will draw the institutional money demand that helps keep driving up their stock prices. Obviously, the ones that either don’t surprise or slow down in growth get sold off.

FC

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