Whisper Number Impact: Earnings Preview For CIT Group, 3M, Baker Hughes, Lexmark And U.S. Steel
By WhisperNumber: CIT Group (CIT): The whisper number is -$1.68, two cents behind the analysts' estimate. CIT has a 52% positive surprise history (having topped the whisper in 11 of the 21 earnings reports for which we have data). The average price movement (starting at next market open) within 10 trading days of these 21 earnings reports is -1.5%. The strongest price movement of 1.7% comes within five trading days when the company reports earnings that beat the whisper number, and -15.9% within 30 trading days when the company reports earnings that miss the whisper number. Last quarter the company reported earnings two cents short of the whisper number. Following that report the stock realized a 8.2% gain in 10 trading days. More earnings information can be found here. 3M (MMM): The whisper number is $1.58, nine cents ahead of the analysts' estimate. 3M has a 63% positive surprise history (having toppedComplete Story »
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