Every week, I take a look at a few companies that topped their profit targets. 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 this past week.
We can start with CNInsure
It was generally a good week for Chinese stocks that trade on stateside exchanges, as advertising giant Focus Media
Electronic scoreboard maker Daktronics
Finally, we have OmniVision Technologies
Revenue soared 83%, even though Wall Street had expected even more growth on the top line. Things get better as we work our way down the income statement. OmniVision earned $0.39 a share in its latest quarter after adjusting for extraordinary items, ahead of both the $0.35 a share that was projected and last year's small loss.
Keep watching the companies that top 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 free 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.