Positive earnings surprises come in many flavors, most of them tasty. This week, we'll take a look at a few companies that trounced their bottom-line targets. The first two have been doing just that for a few quarters lately, but then we'll wrap things up with a surprising entry that really smoked the market with its strongest performance in two years.
We'll start with T. Rowe Price
T. Rowe has always been a quality company, even after many of its peers slipped on trading improprieties. It's good to see the good guys finish first, but the sector as a whole seems to be faring well. On the same day that T. Rowe hit it out, Franklin Resources
The Rule Breakers recommendation has fared well this year, soaring 56% higher since being singled out back in mid-January. There's a reason for that. The company has trounced profit forecasts by at least 25% in each of the past three quarters.
Then we have General Motors
GM? Really? Really. Even though rival Ford
So keep watching the companies that lap expectations. Over time, it will be a rewarding experience for investors. That's the kind of surprise we look for in the Rule Breakers newsletter service. The strategy has paid off, as the average Rule Breakers selection has clocked in slightly ahead of the S&P 500's market return. 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. The Fool has a disclosure policy. Rick is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.