Earnings Surprise (%)

2010

2014

<20%

Industry = 7.82 × 10−5***

Number of Analysts = 2.23 × 103***

Sales = 4.31 × 106***

Market Capitalization = 4.76 × 10−8***

Industry = 1.69 × 10−5*

Number of Analysts = 0.02***

21% - 30%

Industry = 6.09 × 10−5***

Number of Analysts = 3.53 × 103***

Sales = 3.5 × 106***

Market Capitalization = 3.67 × 10−8

Cash Flow = 3.67 × 10−6*

Number of Analysts = 0.02***

31% - 100%

Industry = 2.52 × 10−3***

Number of Analysts = 2.93 × 103***

Sales = 1.54 × 106*

Number of Analysts = 7.82 × 10−3***

>100%

Industry = 2.55 × 10−5***

Number of Analysts = 0.01***

Industry = 5.05 × 10−6***