The bulk of the current earnings season is behind us, and for the most part it has been a good one. While there have been some disappointments, we have also seen plenty of big name companies report incredibly strong results.
Earnings season can quickly alter a stock’s fate, and there have been multiple instances this season where a stock was struggling ahead of its quarterly report and then rally following the actual results.
Past earnings are always a good thing to keep an eye on, but just because a company crushes earnings one quarter there is no guarantee that the company will continue to post strong numbers moving forward. In addition to a positive report, you have to also look for clues as to what you can expect moving forward. You always want to make sure that earnings are moving in the right direction, and analysts expect to see earnings growth moving forward.
The following stocks recently crushed estimates, and are expected to show nice earnings growth moving forward.