A quarterly report is more than just a company's shining moment on stage. It's the fiscal intersection that occurs every three months to match reality with Wall Street's perception of that reality. If a company clocks in comfortably ahead of those targets, adjustments need to be made among the model-munching pros, and investors are well served by taking note of the market thumpers.
Let's take a look at a few of these beaters that humbled the prognosticators this past week.
We'll start with Herman Miller
I'll let you in on a little secret. Even if you don't know a whole lot about Herman Miller, it pays to track the company's progress. Herman Miller has been an office staple for ages. Yes, it's the company that invented the dreaded cubicle, but it was also the one that rolled out the Aeron chairs that became the ultimate office accessory during the dot-com bubble. So if you follow where Herman Miller is going, you can usually get a pretty good read on which way corporate spending is going, too. It's usually a good sign when you see Herman Miller coming out on top, as it shows that companies are feeling confident enough to order new furniture to either replace tired wares or to simply expand. If you needed further validation, rival Steelcase
Then we have CarMax
So, keep watching the companies that lap expectations. Over time, it will be a rewarding experience for investors as the market rewards the overachievers. That's the kind of surprise we look for in the Motley Fool Rule Breakers newsletter service. 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. He's 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.