Do you like to follow earnings season? Although this earnings season is well underway, there are still many names that haven't yet reported their results. For a closer look at companies reporting next week, we ran a screen.
We screened the stocks reporting earnings next week for those with a history of surprising the market with positive earnings reports, with an average earnings surprise of at least 5% over the last five quarterly reports.
On average, these stocks have a 46% 1-year return, although analysts don't seem to be enthused by these stocks. Average analyst ratings sourced from Zacks Investment Research.
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Do you believe these names have what it takes to continue their winning streak for a sixth reporting period? List sorted by earnings date.
1. Monsanto Co. (MON): Provides agricultural products for farmers in the United States and internationally. Market cap at $48.69B, most recent closing price at $91.36. In August 2011: Reported EPS at -0.22 vs. estimate at -0.27 (surprise of 18.5%). In November 2011: Reported EPS at 0.23 vs. estimate at 0.16 (surprise of 43.8%). In February 2012: Reported EPS at 2.28 vs. estimate at 2.12 (surprise of 7.5%). In May 2012: Reported 1.63 vs. estimate at 1.6 (surprise of 1.9%). (Average earnings surprise at 17.92%). Will report on 10/03/2012.
2. Robbins & Myers Inc. (RBN): Together with its subsidiaries, supplies engineered equipment and systems for various applications in energy, industrial, chemical, and pharmaceutical markets worldwide. Market cap at $2.56B, most recent closing price at $59.60. In August 2011: Reported EPS at 0.79 vs. estimate at 0.75 (surprise of 5.3%). In November 2011: Reported EPS at 0.77 vs. estimate at 0.68 (surprise of 13.2%). In February 2012: Reported EPS at 0.84 vs. estimate at 0.75 (surprise of 12%). In May 2012: Reported 0.92 vs. estimate at 0.9 (surprise of 2.2%). (Average earnings surprise at 8.18%). Will report on 10/01/2012.
3. Wolverine World Wide Inc. (WWW): Engages in manufacturing, sourcing, marketing, licensing, and distributing footwear, apparel, and accessories to the retail sector primarily in the United States, Europe, and Canada. Market cap at $2.2B, most recent closing price at $45.12. In September 2011: Reported EPS at 0.82 vs. estimate at 0.75 (surprise of 9.3%). In December 2011: Reported EPS at 0.47 vs. estimate at 0.45 (surprise of 4.4%). In March 2012: Reported EPS at 0.64 vs. estimate at 0.55 (surprise of 16.4%). In June 2012: Reported 0.48 vs. estimate at 0.44 (surprise of 9.1%). (Average earnings surprise at 9.8%). Will report on 10/01/2012.
*EPS data sourced from Yahoo Finance; all other data sourced from Finviz.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.