Workflow
Top Stocks to Buy After Posting Strong EPS Growth
Atmos Energy Atmos Energy (US:ATO) Zacks Investment Researchยท2024-05-09 21:46

Core Insights - The Q1 earnings season has shown modest growth, with significant contributions from JPMorgan and Wells Fargo, while tech stocks, particularly the Magnificent Seven, have also supported earnings growth [1] Company Summaries Atmos Energy (ATO) - Atmos Energy reported earnings of $2.85 per share for its fiscal second quarter, exceeding EPS estimates by 9% and increasing 16% from $2.48 per share a year ago [1] - The company serves over 3 million customers across eight states and raised its fiscal 2024 EPS guidance to $6.70-$6.80, above the Zacks Consensus of $6.60 per share, indicating an 8% growth [2] Louisiana-Pacific (LPX) - Louisiana-Pacific's Q1 EPS surged 350% to $1.53, compared to $0.34 in the same quarter last year, beating the Zacks Consensus of $1.13 by 35% [3] - The company raised its full-year revenue growth guidance by 300 basis points to 11-13% and increased full-year EBITDA expectations to $340-$360 million, projecting a margin of around 23% [4] Maximus (MMS) - Maximus reported earnings of $1.57 per share for its fiscal second quarter, surpassing EPS estimates of $1.31 by 20% and climbing 96% from $0.80 a share in the comparative quarter [5] - The company raised its EPS guidance to $5.65-$5.85, above the current Zacks Consensus of $5.42 per share, indicating a 41% growth [6] Robinhood Markets (HOOD) - Robinhood's Q1 EPS was $0.18, exceeding estimates of $0.05 per share and recovering from an adjusted loss of -$0.57 a share in the prior-year quarter [7] - The company achieved quarterly records for net deposits at $11.2 billion and sales at $618 million, with Q1 sales climbing 40% from $441 million a year ago, beating estimates of $544.7 million by 13% [8]