Stock Picking Algorithm Based on Data Mining: Returns up to 11.94% in 3 Days
Recommended Positions: Long
Forecast Length: 3 Days (11/30/2018 - 12/03/2018)
I Know First Average: 4.67%
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Recently Scana Corporation published its quarterly earnings results. The firm posted $1.03 earning per share (EPS) for the three-month period, exceeding analysts’ estimates of $0.72 by $0.31. On the other side SCG reported revenue of $926 million for the quarter compared to the average analyst forecast of $1,000 million, which was missing the analyst estimate.
[Image Source: finance.yahoo.com]
This resulted in research firms being more bullish about SCG. Reuters looked into the 8 analysts that track SCANA Corporation and find out that 5 of them rated it as
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