Don't settle for ordinary quarterly reports.
I take a look at three companies that beat market expectations every week, since I believe that it's the biggest factor in a stock beating the market. Leaving Wall Street's pros with stunned expressions can be a good thing. It usually means that the companies have more in the tank than analysts figured. Capital appreciation typically follows.
Let's take a look at a few companies that humbled the pros over the past few trading days.
We can start with Resources Connection
The professional-services firm was supposed to earn $0.15 a share, just ahead of the $0.12 a share it rang up a year earlier. Revenue was flat -- largely on a double-digit decline overseas -- but margins are apparently beefing up when it comes to offering business services and consulting. Resources Connection scored a quarterly profit of $0.21 a share.
Wolverine World Wide
Finally, we have JPMorgan Chase
Earnings season kicked off for the banking sector on Friday with JPMorgan Chase, Webster Financial
Moving in the right direction
It's important to keep watching the companies that surpass expectations. Over time, it will be a lucrative experience for investors as the market rewards the overachievers. That's the kind of surprise that we look for in the Rule Breakers newsletter service. Want in? Check out a 30-day trial subscription. If that's not up your alley just yet, you can still check out a free special report detailing the next trillion-dollar revolution.
Either way, come back next week to learn about more stocks that blew the market away in the coming days.