CLF Leads EPS Revision Screeners with 32.9% Surge on Strong Steel Outlook
Cleveland-Cliffs (CLF) surged 32.9% after analysts boosted its EPS growth estimate by 36.7 percentage points to 235.3%, following a Q2 earnings beat and upbeat guidance. FuelCell Energy (FCEL) rose 23.2% on a revision to 52.8% EPS growth, while Chegg (CHGG) gained 17.1% on a 50% estimate. International Paper (IP) and Smurfit WestRock (SW) also rallied 12.2% and 9.6% respectively on EPS estimate upgrades.
| Ticker | Sector | Detected | EPS Revision | Gain Since Detection |
|---|---|---|---|---|
| CLF | Basic Materials | 2026-07-20 | +36.7pp | +32.9% |
| FCEL | Industrials | 2026-07-16 | N/A | +23.2% |
| CHGG | Consumer Defensive | 2026-07-19 | N/A | +17.1% |
| IP | Consumer Cyclical | 2026-07-17 | N/A | +12.2% |
| SW | Consumer Cyclical | 2026-07-17 | N/A | +9.6% |
Why did CLF stock jump in July 2026?
CLF jumped 32.9% (from $8.98 to $11.93) after analysts raised its forward EPS growth estimate from 198.6% to 235.3% on July 20.
The revision was fueled by a Q2 earnings beat where adjusted EBITDA tripled to $286 million, and a Q3 guidance of $575 million EBITDA—more than double Q2. Section 232 tariffs and tight steel supplies are pushing prices higher, while automotive demand hit a two-year high. The screener detected the estimate change early, and subsequent earnings news on July 23-24 confirmed the recovery trajectory.
CLF EPS revision history → · Screener snapshot from 2026-07-20 →
FAQ: CLF
Why did CLF stock jump in July 2026?
CLF surged 32.9% after its EPS growth estimate was revised up 36.7 percentage points to 235.3%, driven by a strong Q2 earnings beat and a forecast for Q3 EBITDA to double.
Is CLF a buy after the rally?
The EPS revision signals expected earnings growth of 235.3% next year, but the stock has already run 32.9% since detection; investors should weigh the sustainability of steel prices and automotive demand.
What caused CLF's surge?
Cleveland-Cliffs reported Q2 EBITDA tripled to $286M and guided Q3 EBITDA to $575M, while analysts boosted EPS growth estimates from 198.6% to 235.3%, reinforcing the bullish outlook.
Why did FCEL stock jump in July 2026?
FCEL jumped 23.2% (from $17.26 to $21.26) after analysts revised its forward EPS growth estimate to 52.8% on July 16.
The revision likely reflected analyst optimism about FuelCell Energy's project backlog and potential benefits from hydrogen tax credits, even though no company-specific news was released in the detection window. The screener captured the upward estimate move before the broader market fully priced it in.
FCEL EPS revision history → · Screener snapshot from 2026-07-16 →
FAQ: FCEL
Why did FCEL stock jump in July 2026?
FCEL gained 23.2% after analysts raised its forward EPS growth estimate to 52.8% on July 16, signaling expected earnings acceleration despite no major news.
Is FCEL a buy after the rally?
The EPS revision points to significant growth, but the stock has already risen 23.2% since detection; investors should monitor upcoming earnings and hydrogen policy developments.
What is FCEL's EPS growth estimate?
As of July 24, 2026, FuelCell Energy's forward EPS growth estimate for next year is 52.8%.
Why did CHGG stock jump in July 2026?
CHGG jumped 17.1% (from $0.82 to $0.96) after analysts revised its forward EPS growth estimate to 50.0% on July 19.
The revision suggests growing confidence in Chegg's restructuring efforts and potential stabilization of its subscription base, though no earnings-related news emerged in the window. The screener flagged the estimate change early, leading the subsequent price recovery.
CHGG EPS revision history → · Screener snapshot from 2026-07-19 →
FAQ: CHGG
Why did CHGG stock jump in July 2026?
Chegg rose 17.1% after analysts raised its forward EPS growth estimate to 50.0% on July 19, reflecting optimism about its cost optimization and subscription recovery.
Is CHGG a buy after the rally?
The EPS revision implies strong earnings growth, but the stock remains low at $0.96; the revision may indicate a bottoming out, but further confirmation is needed.
What caused CHGG's surge?
No company-specific news was released; the surge was driven entirely by an upward revision to Chegg's EPS growth estimate to 50.0%.
Why did IP stock jump in July 2026?
IP jumped 12.2% (from $37.56 to $42.16) after analysts revised its forward EPS growth estimate to 102.3% on July 17.
The sharp estimate increase likely reflects improved pricing and volume in the packaging market, driven by e-commerce and containerboard demand. No company-specific news was published, but the revision itself served as a catalyst as the screener detected it ahead of the price move.
IP EPS revision history → · Screener snapshot from 2026-07-17 →
FAQ: IP
Why did IP stock jump in July 2026?
IP gained 12.2% after analysts raised its forward EPS growth estimate to 102.3% on July 17, signaling a sharp earnings recovery in packaging.
Is IP a buy after the rally?
The 102.3% EPS growth estimate suggests significant upside, but the stock has already risen; consider valuation relative to packaging sector peers.
What is IP's EPS growth estimate?
International Paper's forward EPS growth estimate for next year stands at 102.3% as of July 24, 2026.
Why did SW stock jump in July 2026?
SW jumped 9.6% (from $44.30 to $48.56) after analysts revised its forward EPS growth estimate to 44.1% on July 17.
The upgrade for Smurfit WestRock, formed by the recent merger, likely reflects anticipated synergy savings and healthy packaging demand. No company-specific news appeared, but the estimate revision aligned with a positive sector trend also seen in International Paper.
SW EPS revision history → · Screener snapshot from 2026-07-17 →
FAQ: SW
Why did SW stock jump in July 2026?
SW rose 9.6% after analysts raised its forward EPS growth estimate to 44.1% on July 17, reflecting optimism about the packaging sector.
Is SW a buy after the rally?
The EPS revision supports a positive outlook, but the gain is more modest than peers; the combined entity may have synergy benefits that are not yet fully priced.
What caused SW's surge?
No company-specific news; the move followed an upward revision to EPS growth estimates to 44.1%, likely driven by packaging demand trends and merger synergies.
The strong gains across basic materials, industrials, and consumer sectors indicate broad market optimism about earnings recovery, with EPS revisions acting as leading indicators of price momentum. The screener successfully captured these moves before they fully played out in the market.
How We Identify These Stocks
We track daily changes in forward EPS estimates across thousands of US equities. When a stock's next-year earnings growth estimate is revised upward — confirmed by improvement in current-year estimates — it enters our watchlist. The stocks above were flagged on their detection dates and have since delivered the strongest price returns among all detected stocks.
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