Earnings Growth Charts

I had 31 stocks on the earnings list reporting last week, and there was no way i could get them all graphed before this morning, so I tried to figure out which ones were most of interest, then took the best 6 of those. In the top panel the red line is quarterly EPS growth rate, black quarterly revenue growth rate. In the middle, red is quarterly EPS, black price, green quarterly revenue, and blue price relative to SPX. At the bottom the black bars are volume.

GPOR was on the leadership list last week, but has been in a base building process of late and took a little bit if a hit on it's report this week, despite reporting accelerating earnings and revenue. the market may be anticipating a slowdown in growth, and with oil prices dropping it will slow down, but the base it is forming now was just about overdue.

IPGP is another one that is overdue for a base after a pretty spectacular rise (this is a linear chart, so it's not as spectacular as it looks). It reported decelerating growth, but still triple digit. It is pretty amazing how closely price has followed earnings on most of these charts, even though the scales are not matched up.

KS reported accelerating and triple digit growth, coming after a couple of quarters of slow growth. This has been is base since February, and this may be beginning of the right side of that base. Unlike the other charts, price has not followed earnings very closely, but has followed revenue.

NEU is a former leader that has gone into a base. EPS and revenue have slowed, but not by much, and it did report accelerating growth this quarter. the base started in late April, and this is down at the 50dma. Whether or not this starts forming the right side now or later probably depends on how the overall market does in the coming weeks.

PEET reported accelerating growth this quarter, but there is a red flag here, as revenue shows signs of slowing down. Depite that, this has been one of the stocks that has performed very well since the market has been in a correction, and almost broke out this week. the price relative line is rising, which means this is likely to take off of the market rallies. This one is at the top of my buy watch list.

RBCN reported decelerating, but triple digit, growth this quarter. It sure looks like the market has anticipated ;slowing growth, as this has been in a down trend for about a year. It looks to me like the drop was a little overdone, so there might be something else going on here that I don't know about. If earnings don;t collapse in the coming quarters, this could be severey undervalued, so I will be watching it.