Every week, I take a look at a few companies that lapped their profit targets. Leaving Wall Street's pros with quizzical looks on their faces can be a good thing. It usually means that a company has more in the tank than analysts figured, and capital appreciation often follows.
Let's take a look at a few companies that humbled the prognosticators this past week.
We'll start with Carrols Restaurant Group
Carrols runs several Pollo Tropical and Taco Cabana franchised locations, but it's the company's Burger King
The swan-song quarter may not be enough to save Pressler's reputation. It obviously wasn't enough to save his job, and the search continues for his replacement. In the meantime, Gap isn't standing still; the retailer decided to kill off its Forth & Towne concept last week.
Then we have NetEase
It may not have been much of a surprise. NetEase has beaten Wall Street's estimates in 12 of the past 13 quarters. Unfortunately for the company, it posted the blowout results on the same day that Chinese stocks got hammered. Once the ripples subside, NetEase will probably regain its growing ways.
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 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 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.