The number of polled analysts who have revised the company's estimated EPS upward from their previous month's estimate.
Benefit
By looking at the number of analysts who have upped their earnings forecasts, you can tell whether the company is doing better than analysts had expected.
Origin
This information is provided by Morningstar Consensus Estimates.
For the Pros
Some investors, particularly those interested in so-called momentum stocks, see upward earnings revisions as bullish. Upward revisions mean the company’s on a roll. Plus, studies indicate that, on average, analysts are slow to change their minds about a company. So a few upward revisions tend to lead to more down the line. In general, stock prices react favorably to increasing earnings forecasts.