The 4 Biggest Earnings Beats in the Dowhttp://www.fool.com/investing/general/2013/05/04/the-4-biggest-earnings-beats-in-the-dow.aspx Dan Caplinger
May 4, 2013
First-quarter earnings season for the 30 stocks in the Dow Jones Industrials (INDEX: ^DJI) is just about over, with just a few stragglers left to report in the weeks to follow. In general, the season has been a good one for investors, with many more positive surprises than negative ones for Dow investors.
But several stocks have stood out for their extraordinary performance compared to what investors expected of them. Let's take a closer look at the four companies that beat their earnings expectations by the greatest margins.
Travelers (NYSE: TRV)
Travelers has faced a lot of pressure in recent years, with two major hurricanes in two years and ongoing low interest rates hurting investment returns. But the upside of the big losses has been that Travelers has been able to increase the premiums it charges for insurance coverage, and that played a big role in the positive quarter.
Boeing (NYSE: BA)
The future for Boeing looks even brighter, as modifications to the Dreamliner's batteries should have the 787 program back on track in short order. Once the company puts the troubling episode behind it, Boeing will simply need to focus on meeting its production commitments and delivering on an impressive backlog of orders that extends years into the future.
JPMorgan Chase (NYSE: JPM)