The earnings reports keep on coming!
I just went over seven companies that analysts see posting higher quarterly results this week than they did a year earlier. The economy has been a tough puppy to turn around, but these companies are finding ways to grow.
Thankfully, there are a lot more than seven companies that are pegged to post year-over-year gains on the bottom line this week.
Let's look at a few more.
|
Company |
Latest Quarter's EPS (Estimated) |
Year-Ago Quarter's EPS |
|---|---|---|
|
FactSet Research |
$0.74 |
$0.73 |
|
Hovnanian |
($1.40) |
($5.79) |
|
Bio-Reference Labs |
$0.46 |
$0.38 |
|
General Mills |
$1.44 |
$1.36 |
|
Pier 1 Imports |
($0.05) |
($0.41) |
|
Winnebago |
($0.07) |
($0.33) |
|
CarMax |
$0.15 |
($0.10) |
Source: Yahoo! Finance.
These are companies in vastly different industries. From cereal giants to used-car retailers, and from recreational vehicles to home furnishings, it's a healthy cross-section of sectors that are serving up winners these days.
Homebuilder Hovnanian, RV giant Winnebago, and home goods retailer Pier 1 are still posting losses, but their deficits are narrowing quite substantially. Hovnanian still has a long way to go before demand for new homes bounces back, but analysts see Pier 1 and Winnebago back in black next year.
As 2009 lunges its way to the finish line, we can find plenty of companies in better shape than they were a year ago. As long as these companies meet or exceed Wall Street's profit targets, we can look forward to a stronger start for 2010.
Which of these seven companies do you think will keep improving in 2010? Share your thoughts in the comment box below.
