Earnings Volatility Drives These 5 Stocks in a New Direction

Encore Wire Corp. (NASDAQ:WIRE) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 6.9% to $0.31 in the quarter versus EPS of $0.29 in the year-earlier quarter. Revenue Decreased 5.37% to $265.4 million from the year-earlier quarter.

Encore Wire Corp. reported adjusted EPS income of $0.31 per share. By that measure, the company beat the mean analyst estimate of $0.25. It beat the average revenue estimate of $255.2 million.

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WIRE

Waste Management, Inc. (NYSE:WM) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 5.26% to $0.4 in the quarter versus EPS of $0.38 in the year-earlier quarter. Revenue Rose 1.24% to $3.34 billion from the year-earlier quarter.

Waste Management, Inc. reported adjusted EPS income of $0.4 per share. By that measure, the company missed the mean analyst estimate of $0.41. It missed the average revenue estimate of $3.36 billion.

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WM

ABB Ltd. (NYSE:ABB) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. Adjusted Earnings Per Share decreased 3.33% to $0.29 in the quarter versus EPS of $0.30 in the year-earlier quarter. Revenue Rose 9.07% to $9.72 billion from the year-earlier quarter.

ABB Ltd. reported adjusted EPS income of $0.29 per share. By that measure, the company missed the mean analyst estimate of $0.33. It beat the average revenue estimate of $9.63 billion.

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ABB

American Railcar Industries (NASDAQ:ARII) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 50% to $0.84 in the quarter versus EPS of $0.56 in the year-earlier quarter. Revenue Rose 7.44% to $195.11 million from the year-earlier quarter.

American Railcar Industries reported adjusted EPS income of $0.84 per share. By that measure, the company missed the mean analyst estimate of $0.96. It missed the average revenue estimate of $196.26 million.

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ARII

Builders FirstSource, Inc. (NASDAQ:BLDR) had a loss and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased to $-0.07 in the quarter versus EPS of $-0.11 in the year-earlier quarter. Revenue Rose 45.72% to $319.7 million from the year-earlier quarter.

Builders FirstSource, Inc. reported adjusted EPS loss of $0.07 per share. By that measure, the company beat the mean analyst estimate of $-0.1. It beat the average revenue estimate of $279.2 million.

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BLDR

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

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