With earnings season kicking into gear this week, below we highlight the 25 names in the S&P 1500 that have seen the biggest increases and decreases in their earnings estimates over the last month. As shown, Goldman Sachs (NYSE:GS) has seen the biggest one-month increase in its Q1 earnings estimate at $0.443. GS is followed by Clearwater Paper (NYSE:CLW), NewMarket (NYSE:NEU), and JC Penney (NYSE:JCP). Other notables on the positive list include Aeropostale (NYSE:ARO), Family Dollar (NYSE:FDO), Best Buy (NYSE:BBY), and Freeport-McMoRan (NYSE:FCX).
click to enlarge
Olympic Steel (NASDAQ:ZEUS) has seen its earnings estimate decline the most over the last month at -$1.636. While Goldman has seen its earnings estimate increase the most, Morgan Stanley (NYSE:MS) has seen its Q1 EPS estimate fall $0.55. Heading into their reports, have analysts gotten too bullish on Goldman and too bearish on Morgan? Goldman has definitely rallied more over the past few weeks, so it will be interesting to see how the two stocks react on their report dates.Click to enlarge