Why settle for ordinary quarterly reports?
Every week, we look at three companies that beat market expectations, since beating expectations is one of the biggest factors in a stock beating the market. Leaving Wall Street's pros with quizzical looks on their faces can be a good thing. It usually means that the companies have 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 over the past few trading days.
We can start with Oracle
Oracle shareholders are probably used to wins. The company has beaten analyst bottom-line guesstimates in six of the past seven quarters.
Yes, Palm is far from perfect. It has been outdone on the smartphone front by companies like Apple
Finally, we have Carnival
Carnival's performance is welcome news to rivals like Royal Caribbean
So, keep watching the companies that beat 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.