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(NIHD) NIHD Likely to Top Earnings – Analyst Blog

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We expect Latin American carrier, NII Holdings Inc. (NIHD) to beat expectations when it reports its first-quarter 2013 results before the market opens on May 2, 2013. Why a Likely Positive Surprise? Our proven model shows that NIHD is likely to beat earnings because it has the right combination of two key ingredients. Positive Zacks ESP: Expected Surprise Prediction or ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is +19.12%. This is a meaningful and leading indicator of a likely positive earnings surprise. Zacks Rank #3 (Hold): NIHD currently has a Zacks Rank #3. Note that the stocks with a Zacks Rank #1 (Strong Buy), 2 (Buy) and 3 (Hold) have a significantly higher chance of beating the earnings. The combination of NIHD’s

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