Earnings Growth Charts

 I had only one stocks from the earnings list reporting this week, so I will take the opportunity to post some charts I missed ealier this quarter as well. Those charts reflect the data I had at the time they reported, and price hasw probably changed a bit since then. In the top panel red is EPS growth rate, black revenue growth rate. In the middle panel red is EPS, black price, and blue price relative to SPX. In the bottom the black bars are volume.

 CYBX is the one that reported this week. It reported accelerating earnings growth but anemic revenue growth. It is quite clear from this chart that revenue growth leads EPS  growth, which does not indicate continuing accelerating growth. This inexplicably crashed after rallying off the 2009 bottom, and has just about reached the 2009 high, and unless earnings growth continues, may encounter severe resistance here.

PNNT reported the week before, and is one I do not have quarterly revenue data for. The EPS rwoth rate has dropped significantly, but is growing. Price has rallied quite spectacularly off the 2009 biottom, but is very likely to slow down quite a bit here as earnings slow down.

CAAS was one of the big momentum stocks in late 2009-early 2010, but earnin gs and revenue have dropped significantly (actually, returning to the norm after a bout of very high growth in both). This appears to be in the process of building a very long base.

WATG is another one that had a huge rally off the 2009 bottom, with a big spike in earnings and revenue, which appear tp be reverting to the norm. This pulled back sharply on the slowdown in earnings, but this quarter they reported accelerating growth, and price reversed and started heading back up. This data is a couple of weeks old, and the current price is 8.21, so so far this has not responded to the growth in earnings.

I will try to have an update to the earnings sheet up today, and so far my plan is to have it updated and 100% accurate before the end of the year. Most of the stocks on the list have already reported, and the chart data I use for them will be plugged int the earnings spreadsheet, which is a little tedious but I should have it done before the end of the year.