Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of Team, Inc. (NYSE:TISI) jumped 13% today after the company reported earnings.

So what: Fiscal second-quarter revenue jumped from $158 million last year to $201 million, which beat estimates. The company also reported earnings per share of $0.66, which was $0.06 ahead of estimates and easily beat the $0.53 per share the company hit last year.

Now what: The quarterly results were strong, but it may have been more important to see fiscal 2013 guidance raised by $0.05 to $1.90 to $2.05 per share. That means shares are now trading at just over 20 times 2013 estimates, a decent price given the company's growth in revenue and earnings. I'd like to see a little bit of a pullback before jumping in, but I think shares have room to move higher as results continue to get stronger.

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This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.