Pack a poncho, because it's about to rain quarterly reports.

I just went over seven companies that analysts see posting higher year-over-year quarterly results this week. The economy is just beginning to show signs of life, but some publicly traded entities are already off to the bottom-line races.

Thankfully, there are a lot more than seven companies pegged to post year-over-year gains on the bottom line this week. Let's go over a few more.

Company

Latest Quarter EPS (Estimated)

Year-Ago Quarter EPS

Cree (NASDAQ:CREE)

$0.30

$0.20

Coach (NYSE:COH)

$0.72

$0.67

Logitech (NASDAQ:LOGI)

$0.27

$0.22

Morgan Stanley (NYSE:MS)

$0.36

($2.34)

Seagate (NASDAQ:STX)

$0.65

($0.23)

American Express (NYSE:AXP)

$0.55

$0.21

Capital One Financial (NYSE:COF)

$0.45

($3.74)

Source: Yahoo! Finance.

These are companies in vastly different industries. From credit card marketers to hard-drive makers, from handbag manufacturers to computer accessory specialists, they represent a healthy cross-section of sectors.

Doesn't Coach sell pricey purses and accessories? Weren't flash drives and cloud-computing storage supposed to make Seagate and its hard-drive cronies obsolete? Can Capital One's answer to "What's in your wallet?" really be "improved profits"?

The reports won't be perfect. Many of these companies are fortunate in that their latest quarters are stacked up against the dreadful 2008 holiday quarter, when sentiment was at its worst. It's easy to see an investment banker like Morgan Stanley faring much better these days.

However, because so many companies have yet to turn the corner financially, this isn't a time to get greedy. If Wall Street is giving us at least 14 companies projected to post year-over-year increases this short week, I'll take it.

Which of these seven companies do you think will keep improving in 2010? Share your thoughts in the comments box below.

American Express used to be a Motley Fool Inside Value selection. Coach is a Motley Fool Stock Advisor recommendation. The Fool owns shares of Logitech, which is a Motley Fool Hidden Gems selection. Motley Fool Options recommends writing covered calls on Logitech. Try any of our Foolish newsletter services free for 30 days.

Longtime Fool contributor Rick Munarriz wonders whether his contrarian heart will ever be happy. 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 Fool has a disclosure policy.