Wanted to highlight a few top companies that delivered great results after the bell today. The number you see in brackets is the Fundamental rank for the company, a proprietary indicator of SelfInvestors.com.
[26/30]
- Panera Bread (PNRA), the fast growing producer of all things bread posted another great quarter, but didn’t smash estimates after the bell. Growth was in line with estimates but year over year EPS growth of 31% stops the streak of accelerating earnings growth at 4 consecutive quarters. Revenue growth came in at 32%. The stock is in the process of forming a handle and may break out tomorrow… but I have a feeling it won’t.
- Cal Dive Intl (CDIS) Blow Out Earnings!, another top tier oil company posted outstanding results. No surprise here. EPS growth from the year ago quarter came in at 78% which smashed estimates. Revenue growth was equally impressive at 59%. The stock is currently carving out an ugly looking base and is up a bit a bit after hours.
- Eagle Materials (EXP), Blow Out Earnings!, the manufacturer of basic materials cement and gypsum wallboard smashed estimates after the bell by .18/share and increased from the year ago period by 49%. Revenues increased 36% in the same period. The company guided in line for next quarter and ’06. The stock is currently carving out a new base after running up 50% from May ’05.
- ValueClick (VCLK), the provider of online advertising services reported a strong quarter and beat analyst estimates by a sizable margin, but 4th quarter guidance didn’t impress. The company posted EPS growth of 31% with revenue growth of 87%. However, the company is forecasting EPS of just .12 for next quarter and analysts were expecting .14. Either way, the company is expected to posted negative earnings growth next quarter. Clearly, ValueClick is no Google.
[25/30]
- Cutera (CUTR) Blow Out Earnings!, the developer of light based products for aesthetic treatments blew away estimates and beat by .06/share, which was good for a quarter over quarter increase of 286%. Revenue growth continues to accelerate and grew 49% over the year ago period. Looking to next quarter the company sees EPS 61% higher than current analyst estimates and 38% higher for the full year ’05. Shares are soaring after hours 20%. The stock is well extended past a proper buy point.
- Blackboard Inc (BBBB), the provider of software applications for the education industry, posted strong results after the bell and beat EPS estimates by .03/share. Earnings growth over the year ago quarter came in at 56%, while revenue increased 21%. The company guided a bit above consensus for next quarter and full year ’05. Shares are up 3% in after hours trading. The stock looks outstanding technically, but is currently out of a buyable range.