Ride the Q1 Earnings Wave: 3 Stocks to Buy for Post-Report Riches

Group 1: Q1 Earnings Overview - 77% of S&P 500 companies have beaten earnings expectations, while 60% exceeded revenue forecasts [1] - The year-over-year earnings growth rate for Q1 among S&P 500 companies is 3.5%, marking the third consecutive quarter of growth [1] Group 2: Chipotle Mexican Grill (CMG) - Chipotle reported Q1 EPS of $13.37, surpassing the consensus forecast of $11.68, with revenue of $2.70 billion compared to the expected $2.68 billion [2][3] - Same-store sales increased by 7%, exceeding estimates of 5.2%, despite higher menu prices [3] - Chipotle's throughput reached its highest level in four years, and the company added 47 new locations in Q1 [3] - The company is undertaking a 50-for-1 stock split, one of the largest in NYSE history, with trading expected to start on a split-adjusted basis on June 26 [3] - CMG stock has risen 60% in the last 12 months, including a 42% gain this year [3] Group 3: Spotify Technology (SPOT) - Spotify reported a net profit of €197 million ($210 million), significantly above the expected €62 cents per share, with Q1 revenue rising 20% to €3.64 billion [5][6] - Monthly active users increased to 615 million, up 19% year-over-year, and premium subscriptions rose 14% to 239 million [5] - SPOT stock has increased 116% in the last 12 months, including a 52% year-to-date gain [6] Group 4: Colgate-Palmolive (CL) - Colgate-Palmolive reported Q1 EPS of 86 cents, exceeding estimates of 81 cents, with revenue of $5.07 billion, beating forecasts of $4.96 billion [7] - The company attributed its earnings beat to increased prices and strong consumer spending, demonstrating "pricing power" [7] - Colgate-Palmolive now expects revenue growth of 2% to 5% for the year, up from a previous forecast of 1% to 4% [7] - CL stock has increased nearly 20% in the last 12 months [7]