Extra corporations are beginning to stand out in an thrilling week that options quarterly outcomes from 4 of the Magnificent 7 themed massive tech shares.
Exceeding their quarterly expectations this morning, listed here are three top-rated Zacks shares to think about after posting nice EPS surprises.
V.F. Company – VFC
EPS Shock: 82.35%
Boasting a Zacks Rank #1 (Robust Purchase), we’ll begin with textile attire firm V.F. Company VFC. Reporting outcomes for its fiscal third quarter, V.F. Company blasted Q3 EPS expectations by 82% with earnings at $0.62 per share in comparison with estimates of $0.34.
V.F. Company’s Q3 earnings elevated from $0.54 a share within the comparative quarter as the corporate seems to be making the most of its area of interest as an attire supplier that provides skateboard and surf-related footwear.
Attributing to its sturdy purchase score is that earnings estimate revisions for fiscal 2025 have been already a tad increased within the final week with FY26 EPS revisions spiking 9% during the last 30 days.
Picture Supply: Zacks Funding Analysis
Flex – FLEX
EPS Shock: 20.31%
Posting a 20% EPS shock, electronics merchandise producer Flex FLEX has a Zacks Rank #2 (Purchase). Additionally releasing outcomes for its fiscal third quarter, Flex’s various workforce was on show with Q3 EPS at $0.77 versus estimates of $0.64. Having operations in 30 international locations, Flex’s Q3 earnings stretched from more durable to compete in opposition to year-ago figures of $0.71 a share.
Buying and selling at an inexpensive 16.5X ahead earnings a number of, it’s noteworthy that Flex has exceeded the Zacks EPS Consensus for an astonishing 22 consecutive quarters.
Picture Supply: Zacks Funding Analysis
Computerized Information Processing – ADP
EPS Shock: 3.52%
Whereas ADP’s ADP 3% EPS shock doesn’t bounce off the web page, the outsourcing firm was capable of beat lofty expectations for its fiscal second quarter. Moreover, Q2 EPS of $2.35 spiked 10% from a yr in the past along with beating estimates of $2.27.
Sporting a Zacks Rank #2 (Purchase), the Human Capital Administration (HCM) supplier noticed its inventory hit new 52-week peaks of $311 on Wednesday. Forecast of 8% EPS development in FY25 and FY26 might hold the rally going. Plus, ADP has change into a “Dividend King” after growing its payout for 50 consecutive years.
Picture Supply: Zacks Funding Analysis
Backside Line
In a position to exceed their quarterly gross sales estimates as properly, VFC, FLEX, and ADP will probably be three of the extra intriguing shares to observe within the coming weeks.
7 Greatest Shares for the Subsequent 30 Days
Simply launched: Specialists distill 7 elite shares from the present record of 220 Zacks Rank #1 Robust Buys. They deem these tickers “Most Doubtless for Early Worth Pops.”
Since 1988, the complete record has crushed the market greater than 2X over with a median acquire of +24.3% per yr. So you should definitely give these hand picked 7 your rapid consideration.
Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report
V.F. Corporation (VFC) : Free Stock Analysis Report
Flex Ltd. (FLEX) : Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
