Skip to main content

Q3 Earnings Aristocrats -- 30 stocks that delivered the goods

Consistency is tough to achieve.

The following table of stocks comes from a list of those companies that reported during the month or so that comprised earnings seasons in Q1, Q2 and Q3 of this year. The screen uses the following criteria:
  • The company beat earnings estimates each quarter
  • There was an increase in year-over-year earnings each quarter
  • There was an increase in year-over-year revenues each quarter
  • The company offered upside guidance in Q1 and Q2

Symbol Name Sector
ALTR Altera Technology
ANAD Anadigics Technology
APH Amphenol Capital Goods
APKT Acme Packet Technology
BWA Borg Warner Capital Goods
EMN Eastman Chem Basic Industries
ETN Eaton Technology
FFIV F5 Networks Technology
HITT Hittite Microwave Technology
INTC Intel Technology
IPGP IPG Photonics Technology
LXK Lexmark Technology
LZ Lubrizol Basic Industries
OFIX Orthofix Health Care
PII Polaris Inds Capital Goods
PRGO Perrigo Consumer Durables
RADS Radiant Systems Technology
RCL Royal Caribbean Consumer Services
RVBD Riverbed Technology Technology
SHOO Steven Madden Consumer Non-Durables
STJ St. Jude Medical Health Care
STRA Strayer Education Consumer Services
SYNA Synaptics Technology
TKR Timken Capital Goods
TLAB Tellabs Public Utilities
UNH UnitedHealth Health Care
VECO Veeco Instruments Technology
VMW VMware Technology
VSEA Varian Semi Technology
WBC WABCO Holdings Capital Goods

Not only did these companies deliver continuously improving results, they delivered the results promised in their upside guidance.To put things into perspective, this screen identified 30 companies out of almost 1400 stocks that have reported so far during this Q3 earnings season.

Loosening the criteria a bit by removing the requirement for upside guidance and the list increases in size from only 30 companies to 250 companies. This now pulls in companies like Apple, Microsoft and Coca-Cola among many others. Many of these companies simply offered no guidance at all. This was especially the case in Q1 where perhaps many companies became cautious as fears of a double-dip recession became more of a concern for the markets.

One thing that is noticeable is that the tech sector is especially well-represented on both lists. Though a few tech large-caps are present, like Intel, many of these companies are small-caps or mid-caps. Tech often leads the way during the first stages of recovery. This, to me, implies that the recovery, though sluggish in terms of employment, is solid in terms of company profits across the market cap spectrum. I think that is reassuring for those who are looking for the economy to continue to strengthen.

Disclosure: no positions

Comments

Popular posts from this blog

Running TradeRadar on Windows 7 and Windows 8

Development of the original TradeRadar Stock Inspector software was begun back in the days before Windows 7 and Windows 8 were available.

As these newer versions of Windows have become more popular, we have heard from some users that they are having problems installing and running TradeRadar on their newer PCs.

The good news is that TradeRadar will work just fine on Windows 7 and Windows 8. All you have to do is adjust the Windows Compatibility Settings to ensure TradeRadar runs as intended.

It is recommended that you can apply Compatibility Settings when running the initial installation; however, it is also possible to apply Compatibility Settings after the program has been installed.

Prior to installation
After downloading the install program, go to the folder where you have stored the TradeRadarStkInsp_7_Setup.exe or TradeRadarStkInsp_7_PRO_Setup.exe executable. Right-click on the executable file and select Properties. Click the Compatibility tab. Adjust the Compatibility mode to …

Unlock Stock Market Profits - Key #1

This is the first in an ongoing series of articles where I discuss what I feel are keys to successful investing. It is based on a post that provides a summary of the ten keys that individual investors should use to identify profitable stock trades. (Click here to read the original post)

There are two basic steps to investing. First, you need to find stocks that seem to have some potential. Then you have to determine whether these stocks are actually good investments. There are many stocks that at first glance look interesting, but further research reveals that there are too many negatives to warrant taking a position.

This first post in the series starts at the beginning: getting good investment ideas.

Key #1: If something special is happening to a stock, it will be reflected in some kind of unusual activity in the markets.

As individual investors, we will never be the first to know; however, unusual activity can be an early sign that allows us to follow the Wall Street professionals and …

Unlock Stock Market Profits - Key #4

This is the fourth article in a series of posts describing 10 tools to help you identify and evaluate good investing ideas. It is based on a post that provides a summary of the ten keys that individual investors should use to identify profitable stock trades. (Click here to read the original post)

With this fourth post, we will continue another step along the path of finding stocks that seem to have some potential. The first post in the series discussed how to use unusual activity to identify investing ideas. The second post described how to use stock screeners. The third post described how to use lists of new highs and new lows. This post will focus on identifying social or business trends in order to find investing ideas.

Information on new trends might turn up anywhere. In conversation with friends or business associates, in newspapers or magazines, on TV or though your work. The key is to be aware of trends and how they start, stop or change. We'll start by describing what to lo…