Estimates are just that -- estimates. Wall Street can't always be right. The pros miss. They're human. However, if they underestimate a company's earnings power by a fair amount, that's just the kind of signal you need for digging deeper into that particular stock.
Let's take a look at a few of the beaters that humbled the prognosticators this past week.
We'll start with Helen of Troy
Its latest report showed the company earning $0.35 a share. Analysts were expecting the company to be dolled up to the tune of just $0.28 a share. Strength in the company's housewares division and the popularity of Helen's own Oxo brand helped make the pretty pros look ugly.
Wolverine World Wide
Then we have Marriott
So keep watching the companies that lap expectations. Over time, it will be a rewarding experience for investors as the market rewards the overachievers. That's the kind of surprise we look for in the Rule Breakers newsletter service. Want in? Check out a 30-day trial subscription.
Either way, come back next Monday to learn about more stocks that blew the market away.
Longtime Fool contributor Rick Munarriz is a fan of toppers. He does not own shares in any of the companies in this story. He is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Foo l has a disclosure policy.