Why settle for ordinary quarterly reports?
Every week, I look at three companies that have beaten market expectations. Leaving Wall Street's pros with quizzical looks usually means that the companies have more in the tank than the analysts figured, and capital appreciation often follows.
So let's examine a few companies that humbled the prognosticators over the past few trading days.
We can start with Steelcase
That's right: A company that sells new corporate furnishings beat the market. Sure, Steelcase also hosed down its current quarter's outlook, but I always like to see how office-furniture companies such as Steelcase and Herman Miller
The news wasn't all good, though. Marriott's timeshare business tanked. More importantly, the company sees worldwide revenue per available room dipping during the fiscal year's final quarter.
Finally, we have Circuit City
So keep watching the companies that exceed 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.
Steelcase is a Motley Fool Income Investor recommendation. The Fool owns shares of Best Buy, which is a Motley Fool Inside Value and Motley Fool Stock Advisor pick. Conn's is a former Motley Fool Hidden Gems Pay Dirt pick. Try any of our Foolish newsletter services free for 30 days.
Longtime Fool contributor Rick Munarriz is a fan of toppers. He owns no 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.
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