JIM

The provider of back office solutions to stockbrokers, Jarvis Securities (JIM:AIM) is expected to beat analyst expectations – again. Jarvis, which unveiled three new client wins with last week’s Q1 trading update, said profits were ‘currently running ahead of market expectation.’

Last year, house broker Daniel Stewart upgraded his numbers four times. Now analyst Justin Bates is getting ready to re-adjust his 2008 estimates upwards: ‘We are maintaining our forecasts presently and look to the possibility of upgrading if trading remains strong.’

Shares says: Jarvis has a record of beating expectations and this will continue to drive the shares. SK