Earnings trends are extremely important when evaluating stocks. At Wall St. Cheat Sheet, we view increasing earnings quarter-over-quarter as a simple way to gauge whether costs and the business model are stable. Then we like to analyze whether the company is outperforming peers in the sector. This is what we call the “E-Squared” investment analysis (‘E = Earnings Are Increasing Quarter-Over-Quarter’ + ‘E = Excellent Relative Performance Versus Peers and Sector’).
Stocks with improving earnings metrics are worthy of your extra attention. Click here to discover our CHEAT SHEET stock picks now!
Here’s your Cheat Sheet to how the top amusement park stocks rank via earnings trends:
Cedar Fair LP (NYSE:FUN): Current Price $38.08
|Revenue ($) in millions||986.97||996.23||916.08||977.59||1,028|
|Diluted EPS ($)||-0.08||0.10||0.63||-0.57||1.29|
We note the sharp improvement in revenue and EPS during 2011 at Cedar Fair.
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Sep. 30, 2011||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012|
|Revenue ($) in millions||572.27||144.84||28.20||357.61||553.44|
|Diluted EPS ($)||2.73||0.01||-1.18||0.65||2.51|
Quarterly results bottomed out in March 2012, and thereafter, the company has not looked back. We see solid growth in turnover and EPS in June and September 2012 quarters. The company remains in our reckoning…