5 Stocks Poised For Post-Earnings Pop

Over the last seven days, the Zacks Consensus Estimate for 2020 (ending December) moved from $1.13 to $1.18. The 2021 estimate went from $1.26 to $1.31. Historically, the shares have not shown much correlation to the company’s performance versus the Zacks Consensus Estimate. However, the last quarter was an exception, with the shares moving notably higher in what was an exceptional quarter. Since pandemic effects continued in the second quarter, a positive surprise is likely to lead to positive movement in share prices.

Third, Legg Mason, Inc. (LM - Free Report).

The global asset management firm operates proprietary mutual funds and separately-managed accounts (SMAs). Its range of services includes asset management, investment banking, and related financial services through its various subsidiaries in the U.S., UK, Australia, Bahamas, Brazil, and China.

The Zacks Rank #2 company has a VGM Score A and Growth Score A.

It operates in the Financial - Investment Management industry, which is in the top 8% of 250+ Zacks-classified industries.

The company is expected to report on Aug 6 and its earnings expected surprise prediction (ESP) is 1.2%.

Over the last seven days, the Zacks Consensus Estimate for 2021 (ending March) moved from $2.76 to $2.93. The 2022 estimate went from $3.27 to $3.35. Historically, the shares have responded positively to when the company met or exceeded the Zacks Consensus Estimate. So a positive surprise should lead to upside in share prices.

Then, Synaptics Inc. (SYNA - Free Report).

Synaptics is a leader in designing and marketing human interface solutions such as touchpads for notebook computers, capacitive touch screen controllers for handsets, and biometric fingerprint sensors for mobile devices.

The Zacks Rank #1 company has a VGM Score A and Growth Score A.

It operates in the Electronics – Semiconductors industry, which is in the top 36% of 250+ Zacks-classified industries.

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Disclosure: Zacks.com contains statements and statistics that have been obtained from sources believed to be reliable but are not guaranteed as to accuracy or completeness. References to any specific ...

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