Q1 Earnings 'Triple Plays'

by: Bespoke Investment Group posted on: July 09, 2008 | about stocks: ALXN / AMKR / AMSC / APOG / ARG / B / CEC / CSIQ / EW / GDI / GLW / GTI / HGR / HMIN / ICLR / LEA / NFG / PCLN / PFCB / PSEM / RICK / ROCK / SVR / SWKS / TDG / TGI / WAB / WGOV / WMGI / ZOLL    

An earnings "triple play" occurs when a stock beats earnings and revenue estimates and guides future earnings higher.  There were about 70 stocks that had "triple plays" during the first quarter earnings season.  As we enter the second quarter earnings season, investors may want to look at these stocks to find momentum plays or ones that had strong reports but fell by the wayside as the overall market declined.

In the first table below, we highlight "triple play" stocks from the first quarter that are up the most since they opened for trading following their last earnings report.  These stocks had a solid earnings report and haven't looked back since, even in one of the worst markets in decades.  For momentum traders out there, these names currently have great relative strength.

In the second table, we highlight "triple play" stocks that had strong reports and went up initially on earnings, only to fall significantly since then.  These stocks all traded higher on the first day following their first quarter reports, but have now fallen more than 10% since then.  Investors looking for stocks that may have been "thrown out with the bathwater" might start with stocks in this list.

Tripleplaysup

Tripleplaysdown 

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This article has 5 comments:

  •  
    Wez
    Jul 09 05:02 PM
    What is "ToD"?
  •  
    theoilyboy
    Jul 10 12:46 AM
    Time of day for reporting numbers... Before open or After market close.
  •  
    long_on_oil
    Jul 10 11:21 AM
    I have owned Ricks for over a year now and this stock never ceases to amaze me. They are consolidating all the upscale gentlemens clubs and they are consistantly beating earnings plus same store sales are fantastic but the stock goes nowhere. You would think that high gas prices would effect this stock but they haven't. If Ricks continues this trend it has to eventually break out or it will be selling at 4X earnings...lol
    Apparently even bad times don't effect mans desire to drink, eat a great steak and look at beautiful naked women.
  •  
    anastos
    Jul 10 12:19 PM
    Damn nudie bar stocks...
  •  
    Oscar
    BullFrog
    Jul 10 02:59 PM
    fascinating compilation ... now, how to sift through each list? i really need a clue here. tia, obf.
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