Core Insights - Steady earnings growth is valued by company executives and analysts as a sign of profitability, but earnings acceleration has a stronger impact on stock prices, with leading stocks often experiencing this acceleration before price increases [1][3] - QuantumScape Corporation (QS), Silicon Laboratories Inc. (SLAB), and Affiliated Managers Group, Inc. (AMG) are currently demonstrating strong earnings acceleration [1][8] Earnings Acceleration Definition - Earnings acceleration refers to the incremental growth in a company's earnings per share (EPS), specifically when the quarter-over-quarter earnings growth rate increases over a specified time frame [2] Importance of Earnings Acceleration - Unlike earnings growth, which may already be reflected in stock prices, earnings acceleration helps identify stocks that have not yet attracted investor attention, leading to potential price rallies [3] - An increasing percentage of earnings growth indicates a fundamentally sound company, while a sideways or decelerating growth percentage may signal consolidation or a downturn [4] Screening Parameters - The screening process involves identifying stocks where the last two quarter-over-quarter EPS growth rates exceed previous periods' growth rates, with projected EPS growth rates for the upcoming quarter expected to surpass prior periods [5][6][7] - Additional criteria include a current price of at least $5 and an average 20-day trading volume of 50,000 or more to ensure adequate liquidity [7] Top Stocks Identified - The screening narrowed down approximately 7,735 stocks to nine, highlighting QS, SLAB, and AMG as top candidates showing strong EPS acceleration [8] - QuantumScape focuses on solid-state lithium-metal batteries for electric vehicles, with an expected earnings growth rate of 21.3% for the current year [9] - Silicon Laboratories specializes in analog-intensive mixed-signal solutions, with an expected earnings growth rate of 152.3% for the current year [10] - Affiliated Managers provides investment management services, with an expected earnings growth rate of 17.7% for the current year [11]

Summary of Multi-Industry Heatmap: 3Q25 Industry Overview - The report covers various industries, including electrical equipment, discrete automation, mining, semiconductors, trucks, and agriculture equipment, with a focus on the performance trends in these sectors during the third quarter of 2025 [3][5]. Key Insights 1. **Earnings Performance**: Approximately 77% of the companies covered have reported, showing a largely positive trend in orders, margins, and EBITA performance [3]. 2. **Electrical Equipment Strength**: There is continuing strength in electrical equipment volumes, particularly driven by data center demand, with some positive signs in European residential construction [3]. 3. **Mixed Mining Results**: Mining results have been mixed, indicating variability in performance across different companies [3]. 4. **Semiconductor Weakness**: Despite earlier expectations of a turnaround in 2026, there has been observed weakness in the semiconductor sector [3]. 5. **Weakness in Trucks and Agriculture Equipment**: Activity in trucks and agriculture equipment is reported to be very weak, with a noted softening in Europe, which was previously expected only in the US [3]. 6. **Pricing Pressure in the US**: Companies with historically higher margins, such as Legrand, Atlas Copco, VAT, and Schneider, are facing challenges in justifying price increases due to weaker-than-expected pricing power in the US [4]. 7. **Global Heatmap Trends**: The broader global heatmap indicates improving trends in sectors such as autos, general industrial, consumer, rail, and construction in the EU and Americas, while healthcare in China/Asia is experiencing deceleration [5]. Additional Observations - **Sector-Specific Trends**: The report highlights specific sectors showing sequential improvement, including autos, general industrial, and EU healthcare, while marine and oil & gas sectors have turned negative [5]. - **Overall Stability**: The aggregated trends in the EU and US are positive, suggesting a degree of stability in the market, particularly in comparison to the previous quarters [5]. - **Future Monitoring**: The report emphasizes the need to monitor pricing strategies of higher-margin companies to understand their ability to maintain price increases amidst changing market conditions [4]. Conclusion The 3Q25 reporting season reflects a mixed but generally positive outlook across various industries, with specific challenges noted in semiconductors and trucks. The pricing dynamics in the US market warrant close attention as companies navigate inflationary pressures and changing demand patterns.

Core Insights - November is historically a strong month for stocks, prompting a focus on companies with steady earnings growth and earnings acceleration, which significantly impacts stock prices [1][9] Earnings Acceleration - Earnings acceleration refers to the incremental growth in a company's earnings per share (EPS), indicating an increase in quarter-over-quarter earnings growth rates [3] - Companies with earnings acceleration are often undervalued, leading to potential stock price rallies as investors take notice [4] Screening Parameters - The screening criteria for identifying stocks with earnings acceleration include: - Last two quarter-over-quarter EPS growth rates must exceed previous periods' growth rates [6] - Projected EPS growth rates for the upcoming quarter should exceed those of prior periods [6][7] - Additional criteria include a current price of at least $5 and an average 20-day volume of at least 50,000 [8] Identified Stocks - The screening process narrowed down to four stocks, with the top three being: - **Groupon, Inc. (GRPN)**: Expected earnings growth rate of 153% for the current year, operating a marketplace linking consumers to merchants [10] - **BriaCell Therapeutics Corp. (BCTX)**: Expected earnings growth rate of 81.6% for the current year, focused on developing immunotherapies for cancer [11] - **InnovAge Holding Corp. (INNV)**: Expected earnings growth rate of 209.1% for the current year, providing services to help seniors live independently [12]

Core Insights - Steady earnings growth is attractive to executives and analysts, but earnings acceleration is more impactful in driving stock prices higher [1] - Successful stocks typically experience earnings acceleration prior to stock price increases [1] - QuantumScape Corporation, Civeo Corporation, and Entergy Corporation are currently demonstrating strong earnings acceleration [1][8] Earnings Acceleration Definition - Earnings acceleration refers to the incremental growth in a company's earnings per share (EPS), specifically when quarter-over-quarter growth rates increase over time [2] Importance of Earnings Acceleration - Unlike earnings growth, which may already be priced into stocks, earnings acceleration can identify undervalued stocks that are likely to see price rallies [3] - An increasing percentage of earnings growth indicates a fundamentally sound company, while stagnant or declining growth can negatively impact stock prices [4] Screening Parameters - Stocks should be screened for the last two quarter-over-quarter EPS growth rates exceeding previous periods' growth rates [5] - Additional criteria include projected EPS growth rates for the upcoming quarter being higher than prior periods, current price being at least $5, and average 20-day volume being at least 50,000 [6][7] Highlighted Companies - QuantumScape is developing solid-state lithium-metal batteries for electric vehicles, with an expected earnings growth rate of 19.2% for the current year [9] - Civeo provides hospitality services to the global natural resource industry, projecting an earnings growth rate of 45.4% for the current year [10] - Entergy produces and distributes electricity in the U.S., with an anticipated earnings growth rate of 6.6% for the current year [11]

Core Insights - Top executives and analysts emphasize the importance of consistent earnings growth as a reflection of a company's profitability, with earnings acceleration having a more significant impact on stock prices [1][3] - Successful stocks typically experience a speed-up in earnings before their stock prices rise, indicating potential investment opportunities [1][3] Earnings Acceleration - Earnings acceleration refers to the incremental growth in a company's earnings per share (EPS), specifically when the quarter-over-quarter earnings growth rate increases over time [2] - This metric helps identify stocks that have not yet attracted investor attention, which can lead to a subsequent rally in share prices [3] Screening Parameters - The screening process involves identifying stocks where the last two quarter-over-quarter EPS growth rates exceed previous periods' growth rates, with projected EPS growth rates for the upcoming quarter expected to surpass prior periods [5][6] - Additional criteria include a current price of at least $5 and an average 20-day trading volume of 50,000 or more to ensure adequate liquidity [7] Highlighted Stocks - QuantumScape Corporation (QS) is focused on developing solid-state lithium-metal batteries for electric vehicles, with an expected earnings growth rate of 17% for the current year [9] - Civeo Corporation (CVEO) provides hospitality services for the natural resource industry, projecting an earnings growth rate of 69.8% for the current year [10] - Agenus Inc. (AGEN) is a clinical-stage biotechnology company developing cancer therapies, with a leading projected earnings growth rate of 114.7% for the current year [11]

Core Insights - The focus on steady earnings growth is essential for assessing a company's profitability, but rapid earnings growth can significantly drive stock prices higher [1] - Research indicates that stocks with accelerating earnings often see their prices increase subsequently [1] Earnings Acceleration - Earnings acceleration refers to the incremental growth in a company's earnings per share (EPS), characterized by an increase in quarter-over-quarter earnings growth rates [3] - This metric helps identify stocks that have not yet attracted investor attention, potentially leading to a price rally once recognized [4] Screening Parameters - The screening process involves identifying stocks where the last two quarter-over-quarter EPS growth rates exceed previous periods' growth rates, with projected EPS growth rates for the upcoming quarter expected to surpass prior periods [6][7][8] - Additional criteria include a current price of at least $5 and an average 20-day trading volume of 50,000 or more to ensure adequate liquidity [8] Identified Stocks - The screening narrowed down to three stocks: Yext, Agenus, and NCR Voyix, all showing strong earnings acceleration [9] - NCR Voyix leads with an expected EPS growth rate of 152.7%, followed by Agenus at 114.7% and Yext at 37.1% for the current year [9] Company Profiles - **Yext**: Provides a platform for consumer inquiries globally, with an expected earnings growth rate of 37.1% [10] - **Agenus**: A biotechnology firm focused on developing immune therapies for cancer and infections, with an expected earnings growth rate of 114.7% [11] - **NCR Voyix**: Offers digital commerce solutions for retail and dining, with an expected earnings growth rate of 152.7% [12]

Core Insights - Consistent earnings growth is valued for profitability, but earnings acceleration has a more significant impact on stock prices, often preceding stock value increases [1][3] - Orla Mining Ltd. (ORLA), SentinelOne, Inc. (S), and Lam Research Corporation (LRCX) are currently demonstrating strong earnings acceleration [1][8] Earnings Acceleration Definition - Earnings acceleration refers to the incremental growth in a company's earnings per share (EPS), specifically when the quarter-over-quarter growth rate increases over time [2] Importance of Earnings Acceleration - Unlike earnings growth, which may already be reflected in stock prices, earnings acceleration can identify stocks that have not yet attracted investor attention, leading to potential price rallies [3] Earnings Growth Trends - An increasing percentage of earnings growth indicates a fundamentally sound company, while stagnant or declining growth percentages may signal consolidation or downturns [4] Screening Parameters - Stocks are screened based on the last two quarter-over-quarter EPS growth rates exceeding previous periods, with projected growth rates for the upcoming quarter expected to surpass prior periods [5][6][7] Top Stocks Identified - The screening process narrowed down to four stocks, with ORLA, SentinelOne, and LRCX showing strong earnings acceleration. ORLA projects 184% EPS growth, SentinelOne 280%, and LRCX 33.8% for the current year [8][9][10][11]

Core Insights - The article emphasizes the importance of earnings acceleration in driving stock prices higher, indicating that stocks often experience an increase in earnings before their prices rise [1][3]. Earnings Acceleration Definition - Earnings acceleration refers to the incremental growth in a company's earnings per share (EPS), specifically when the quarter-over-quarter earnings growth rate increases over time [2]. Importance of Earnings Acceleration - Unlike earnings growth, which may already be reflected in stock prices, earnings acceleration can identify stocks that have not yet attracted investor attention, leading to potential price rallies [3]. Earnings Growth Trends - An increasing percentage of earnings growth suggests a fundamentally sound company, while a stable or decreasing percentage may indicate consolidation or a slowdown, potentially dragging prices down [4]. Screening Parameters - The article outlines specific screening parameters to identify stocks with earnings acceleration, including: - Last two quarter-over-quarter EPS growth rates exceeding previous periods [5]. - Projected EPS growth rates for the upcoming quarter expected to exceed prior periods [6][7]. Top Stocks Identified - The screening process narrowed down to four stocks, with three highlighted: - **Lam Research Corporation (LRCX)**: Expected earnings growth rate of 32.8% for the current year, Zacks Rank 2 (Buy) [8]. - **Unity Software Inc. (U)**: Anticipated earnings growth rate of 34.5% for the current year, Zacks Rank 1 (Strong Buy) [10]. - **Gulfport Energy Corporation (GPOR)**: Expected earnings growth rate of 85.3% for the current year, Zacks Rank 1 (Strong Buy) [11].

Core Insights - Consistent earnings growth is important for company profitability, but earnings acceleration is more effective in driving stock prices higher [1] - Companies like The Kroger Co. (KR), Lam Research Corporation (LRCX), and Limbach Holdings, Inc. (LMB) are currently showing strong earnings acceleration [1] Earnings Acceleration Definition - Earnings acceleration refers to the incremental growth in a company's earnings per share (EPS), specifically when quarter-over-quarter growth rates increase over time [2] Importance of Earnings Acceleration - Unlike earnings growth, which may already be priced into stocks, earnings acceleration can identify stocks that have not yet attracted investor attention, leading to potential price rallies [3] Earnings Growth Trends - An increasing percentage of earnings growth indicates a fundamentally sound company, while stagnant or decelerating growth can signal consolidation or potential price declines [4] Screening Parameters for Earnings Acceleration - The screening process involves identifying stocks where the last two quarter-over-quarter EPS growth rates exceed previous periods' growth rates, with projected growth rates for the upcoming quarter also expected to exceed prior periods [5][6][7] Top Stocks Identified - The screening narrowed down to five stocks, with the top three being: - **Kroger**: A food and drug retailer in the U.S. with an expected earnings growth rate of 6% for the current year [8] - **Lam Research**: A company that designs and manufactures semiconductor processing equipment, with an expected earnings growth rate of 32.8% for the current year [10] - **Limbach Holdings**: A building systems solution company with an expected earnings growth rate of 12% over the next five years [11]