I had 5 stocks from the earnings list reporting last week. This will be the last light week for about a month, so i will be busy. On the graph, in the top anel the red line is EPS growth rate, the black line is revenue growth rate. In the middle the red line is quarterly EPS, green quarterly revenue, black is price, and blue price relative to SPX. If the stock is reporting the end of a fiscal year I have included annual EPS, which is the large red bars. At the bottom the black bars are volume.
First up is DIT, a stock that trades by appointment only. It had been in a large trading range for about w years now, and is coming off the low end, but reported a quarter of negative growth this quarter. Revenue is still growing, though, so this move up might continue, but I don't expect much out of this for right now.
EZPW is almost the opposite situation: EPS growth looks good but revenue growth is slowing. Price is currently pulling back from an all time high, so the market is probably anticipating that EPS is going to slow as well. This may be forming a long base here.
ISRG reported the end of a fiscal year, so it includes the annual EPS, which are going straight up. It reported a quarter of decelerating growth this quarter, which will slow it's ascent in the short term, but overall the up trend is intact. This has a small float but still does not get enough volume to get it on the leadership list, but I still consider this a leading stock.
NVEC reported a negative quarter, and it appears the up trend in earnings and revenue is over. Price has held up pretty well, so the market may be anticipating that this slowdown is temporary, but another quarter like this will probably send it flying down.
TESS was the only stock this week to report accelerating growth. This is currently in a very strong up trend in EPS, a somewhat weaker up trend in revenue, and is very close to becoming a leading stock. This just broke a year old down trend line and looks like it is ready to take off. I will be watching this one pretty closely.
