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Do you like following earnings season? For a look at names that have bullish sentiment going into their reports next week, we ran a screen.

We began by screening companies reporting their first-quarter earnings next week for those that have been outperforming the market over the last quarter, with over 20% return.

We then screened for those stocks also seeing significant net institutional purchases over the last quarter, indicating that institutional investors such as hedge fund managers expect these names to outperform.

Interactive Chart: Press Play to compare changes in market cap over the last two years for the top six stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.

We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over the last month. To access a complete analysis of this list's recent performance, click here.

Do you think these stocks will report positive earnings surprises? Use this list as a starting point for your own analysis.

List sorted by net institutional purchases as a percent of share float.

1. Boingo Wireless, Inc. (NASDAQ:WIFI): Provides mobile Wi-Fi Internet solutions. Market cap at $358.39M, most recent closing price at $10.56. Earnings to be released on 05/03. Performance over the last quarter at 29.79%. Net institutional purchases in the current quarter at 2.7M shares, which represents about 20.56% of the company's float of 13.13M shares.

2. Spirit Airlines, Inc. (NASDAQ:SAVE): Provides passenger airline service primarily to leisure travelers and travelers visiting friends and relatives. Market cap at $1.65B, most recent closing price at $23.0. Earnings to be released on 05/01. Performance over the last quarter at 44.63%. Net institutional purchases in the current quarter at 5.5M shares, which represents about 17.89% of the company's float of 30.74M shares.

3. Integramed America Inc. (NASDAQ:INMD): A specialty healthcare services company, manages outpatient centers offering products and services to patients and providers in the fertility and vein care segments of the health industry in the United States. Market cap at $159.33M, most recent closing price at $13.35. Earnings to be released on 05/03. Performance over the last quarter at 59.47%. Net institutional purchases in the current quarter at 1.1M shares, which represents about 17.19% of the company's float of 6.40M shares.

4. Sally Beauty Holdings Inc. (NYSE:SBH): Engages in the distribution and retail of professional beauty supplies. Market cap at $4.7B, most recent closing price at $25.57. Earnings to be released on 05/03. Performance over the last quarter at 24.93%. Net institutional purchases in the current quarter at 23.2M shares, which represents about 16.83% of the company's float of 137.88M shares.

5. AMN Healthcare Services Inc. (NYSE:AHS): Provides healthcare staffing and clinical workforce management solutions in the United States. Market cap at $255.37M, most recent closing price at $6.45. Earnings to be released on 05/03. Performance over the last quarter at 31.59%. Net institutional purchases in the current quarter at 6.6M shares, which represents about 16.46% of the company's float of 40.09M shares.

6. Cerus Corporation (NASDAQ:CERS): Engages in the development and commercialization of the INTERCEPT Blood System. Market cap at $208.71M, most recent closing price at $3.91. Earnings to be released on 05/01. Performance over the last quarter at 32.76%. Net institutional purchases in the current quarter at 7.4M shares, which represents about 14.03% of the company's float of 52.73M shares.

7. Shutterfly, Inc. (NASDAQ:SFLY): Provides an Internet-based social expression and personal publishing service that enables consumers to share, print, and preserve their memories through the medium of photography. Market cap at $1.03B, most recent closing price at $31.12. Earnings to be released on 04/30. Performance over the last quarter at 22.35%. Net institutional purchases in the current quarter at 4.4M shares, which represents about 13.07% of the company's float of 33.66M shares.

8. Glu Mobile, Inc. (NASDAQ:GLUU): Engages in the design, marketing, and sale of casual and traditional mobile games worldwide. Market cap at $258.72M, most recent closing price at $4.31. Earnings to be released on 05/02. Performance over the last quarter at 47.45%. Net institutional purchases in the current quarter at 5.9M shares, which represents about 11.85% of the company's float of 49.77M shares.

9. MDC Holdings Inc. (NYSE:MDC): Engages in homebuilding and financial services businesses in the United States. Market cap at $1.24B, most recent closing price at $26.67. Earnings to be released on 05/03. Performance over the last quarter at 29.86%. Net institutional purchases in the current quarter at 4.4M shares, which represents about 11.12% of the company's float of 39.56M shares.

10. Main Street Capital Corporation (NYSE:MAIN): A business development company specializing in equity, equity related, and debt investments in small and lower middle market companies. Market cap at $700.31M, most recent closing price at $26.25. Earnings to be released on 05/03. Performance over the last quarter at 20.60%. Net institutional purchases in the current quarter at 2.5M shares, which represents about 10.47% of the company's float of 23.87M shares.

11. Zillow, Inc. (NASDAQ:Z): Operates an online real estate information marketplace. Market cap at $998.09M, most recent closing price at $34.68. Earnings to be released on 05/02. Performance over the last quarter at 26.71%. Net institutional purchases in the current quarter at 1.2M shares, which represents about 10.41% of the company's float of 11.53M shares.

12. Multimedia Games Inc. (NASDAQ:MGAM): Engages in the development and supply of comprehensive systems, content, electronic games, and player terminals for the casino, charity, international bingo, and video lottery markets in the United States and Internationally. Market cap at $300.27M, most recent closing price at $11.35. Earnings to be released on 05/03. Performance over the last quarter at 45.60%. Net institutional purchases in the current quarter at 2.1M shares, which represents about 8.68% of the company's float of 24.19M shares.

13. Solta Medical, Inc. (NASDAQ:SLTM): Designs, develops, manufactures, and markets energy-based medical device systems for aesthetic applications. Market cap at $188.9M, most recent closing price at $3.28. Earnings to be released on 05/01. Performance over the last quarter at 26.86%. Net institutional purchases in the current quarter at 3.1M shares, which represents about 7.45% of the company's float of 41.61M shares.

14. Exlservice Holdings, Inc. (NASDAQ:EXLS): Outsources business processes, including transaction processing and Internet and voice-based customer care services, to Global 1000 companies in banking, financial services, and insurance. Market cap at $871.04M, most recent closing price at $27.78. Earnings to be released on 05/02. Performance over the last quarter at 21.83%. Net institutional purchases in the current quarter at 1.5M shares, which represents about 6.59% of the company's float of 22.76M shares.

15. The Hain Celestial Group, Inc. (NASDAQ:HAIN): Manufactures, markets, distributes, and sells natural and organic food, and personal care products in the United States and internationally. Market cap at $1.99B, most recent closing price at $45.98. Earnings to be released on 05/03. Performance over the last quarter at 20.57%. Net institutional purchases in the current quarter at 2.3M shares, which represents about 6.32% of the company's float of 36.41M shares.

16. Chefs' Warehouse Holdings LLC (NASDAQ:CHEF): Engages in the distribution of specialty food products in the United States. Market cap at $503.96M, most recent closing price at $24.67. Earnings to be released on 05/03. Performance over the last quarter at 24.88%. Net institutional purchases in the current quarter at 669.1K shares, which represents about 6.09% of the company's float of 10.99M shares.

17. Liquidity Services, Inc. (NASDAQ:LQDT): Operates an online auction marketplace for wholesale, surplus, and salvage assets primarily in the U. Market cap at $1.56B, most recent closing price at $52.87. Earnings to be released on 05/03. Performance over the last quarter at 45.59%. Net institutional purchases in the current quarter at 1.3M shares, which represents about 6.08% of the company's float of 21.37M shares.

18. ACI Worldwide, Inc. (NASDAQ:ACIW): Develops, markets, installs, and supports software products and services to facilitate electronic payments worldwide. Market cap at $1.5B, most recent closing price at $39.25. Earnings to be released on 05/03. Performance over the last quarter at 22.39%. Net institutional purchases in the current quarter at 2.2M shares, which represents about 5.68% of the company's float of 38.72M shares.

19. Cogent Communications Group Inc. (NASDAQ:CCOI): Provides high-speed Internet access, Internet protocol, and communications services to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations. Market cap at $838.41M, most recent closing price at $18.67. Earnings to be released on 05/03. Performance over the last quarter at 20.46%. Net institutional purchases in the current quarter at 2.3M shares, which represents about 5.51% of the company's float of 41.75M shares.

20. Knology, Inc. (NASDAQ:KNOL): Provides video, voice, data, and advanced communications services to residential and business customers in the Southeastern and Midwestern United States. Market cap at $740.43M, most recent closing price at $19.50. Earnings to be released on 05/03. Performance over the last quarter at 33.22%. Net institutional purchases in the current quarter at 1.4M shares, which represents about 5.46% of the company's float of 25.62M shares.

21. POZEN Inc. (NASDAQ:POZN): Develops products for the treatment of acute and chronic pain, and other pain-related conditions in the United States. Market cap at $231.15M, most recent closing price at $7.90. Earnings to be released on 05/01. Performance over the last quarter at 81.84%. Net institutional purchases in the current quarter at 1.1M shares, which represents about 5.22% of the company's float of 21.09M shares.

Institutional data sourced from Fidelity; all other data sourced from Finviz.

Source: 21 Outperforming Hedge Fund Stock Picks Reporting Earnings Next Week