We expect Torchmark Corporation TMKto surpass expectations in first-quarter 2018 results after the market closes on Apr 18.
Why a Likely Positive Surprise?
Our proven model clearly shows that Torchmark has the right combination of the following two key ingredients to beat estimates this quarter.
Zacks ESP: Torchmark has an Earnings ESPof +0.23%. The positive ESP indicates a likely earnings surprise. You can uncover the best stocks to buy or sell before they’re reported with our https://www.zacks.com/premium/esp-buy?adid=zp_article_espfil...">Earnings ESP Filter.
Zacks Rank: Torchmark holds a Zacks Rank #3 (Hold), which increases the predictive power of ESP as stocks with a favorable Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 along with a positive Earnings ESP have significantly higher chances of an earnings beat.
Conversely, the Sell-rated stocks (#4 or 5) should never be considered going into an earnings announcement, especially when the company is seeing negative estimate revisions.
Is a Beat in the Cards for Torchmark (TMK) in Q1 Earnings?
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