Earnings Volatility Drives These Stocks in a New Direction

Meredith Corp. (NYSE:MDP) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 9.09% to $0.72 in the quarter versus EPS of $0.66 in the year-earlier quarter. Revenue Rose 6.98% to $369.62 million from the year-earlier quarter.

Meredith Corp. reported adjusted EPS income of $0.72 per share. By that measure, the company beat the mean analyst estimate of $0.68. It beat the average revenue estimate of $354.43 million.

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MDP

Meritage Homes Corporation (NYSE:MTH) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased to $0.32 in the quarter versus EPS of $-0.15 in the year-earlier quarter. Revenue Rose 64.62% to $336.4 million from the year-earlier quarter.

Meritage Homes Corporation reported adjusted EPS income of $0.32 per share. By that measure, the company beat the mean analyst estimate of $0.23. It beat the average revenue estimate of $324.38 million.

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MTH

Tractor Supply Company (NASDAQ:TSCO) delivered a profit and met Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 12.73% to $0.62 in the quarter versus EPS of $0.55 in the year-earlier quarter. Revenue Rose 6.41% to $1.09 billion from the year-earlier quarter.

Tractor Supply Company reported adjusted EPS income of $0.62 per share. By that measure, the company missed the mean analyst estimate of $0.62. It missed the average revenue estimate of $1.1 billion.

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TSCO

Wyndham Worldwide Corporation (NYSE:WYN) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 18.33% to $0.71 in the quarter versus EPS of $0.60 in the year-earlier quarter. Revenue Rose 9.36% to $1.13 billion from the year-earlier quarter.

Wyndham Worldwide Corporation reported adjusted EPS income of $0.71 per share. By that measure, the company beat the mean analyst estimate of $0.67. It beat the average revenue estimate of $1.13 billion.

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WYN

Asbury Automotive Group, Inc. (NYSE:ABG) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 35.09% to $0.77 in the quarter versus EPS of $0.57 in the year-earlier quarter. Revenue Rose 11.45% to $1.23 billion from the year-earlier quarter.

Asbury Automotive Group, Inc. reported adjusted EPS income of $0.77 per share. By that measure, the company beat the mean analyst estimate of $0.67. It beat the average revenue estimate of $1.19 billion.

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ABG

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.