CMI - Cummins, Inc - Upward revisions were submitted by seven of the eight covering analysts

Cummins, Inc. (CMI), a Zacks #1 Rank stock, topped the consensus earnings estimate in 11 out of the past 14 quarters by an average margin of 18.0%. The company recently boosted its full-year profit guidance to between $6.00 and $6.50 per share after delivering solid first-quarter results. Analysts responded by boosting their estimates. On May 8, the Board of Directors declared a quarterly cash dividend of 18 cents per common share of stock. Full Analysis Cummins, Inc. designs, manufactures, distributes and services diesel and natural gas engines, electric power generation systems and engine-related component products. The company serves customers in more than 160 countries through its network of 550 company-owned and independent distributor facilities and more than 5,000 dealer locations. CMI exceeded analysts’ earnings expectations in 11 out of the past 14 quarters by an average margin of 18.0%. In seven out of the 11 aforementioned quarters the company managed to surprise by a double-digit percentage. On Apr 27, CMI reported first-quarter profits of $1.42 per share, crushing the Street’s estimate of 89 cents by 59.6%. The company posted earnings of $1.35 per share in the prior-year period. Revenues came in at $2.82 billion and represented a 5.2% advance from the $2.68 billion achieved in the first quarter of last year. Chairman and CEO Tim Solso stated, "Despite the predicted decline in the North American heavy-duty truck market, we achieved outstanding results in the first quarter. These results show our strategy is working, and we expect that type of performance to continue the rest of this year and beyond." Thanks to a solid first quarter, CMI upped its 2007 earnings per share guidance to between $6.00 and $6.50. The company’s prior outlook called for profits between $5.50 and $5.75 per share. Earnings per share over the next 3-5 years are expected to grow 11%—in line with the forecasted growth rate of the industry. Consensus estimates for this quarter are up 24 cents to $1.53 over the past 30 days. Five of the six covering analysts upped their estimates. Profit forecasts for this year have risen a remarkable 95 cents to $6.27 over the same period of time. Upward revisions were submitted by seven of the eight covering analysts. On May 7, the Board of Directors declared a quarterly cash dividend of 18 cents per common share of stock. The dividend is adjusted to reflect the company's 2-for-1 stock split that was effective Apr 9. CMI is currently yielding 0.82%. Its return on equity of 25% is impressive and in line with the industry average. CMI is currently trading at a valuation of 14.0x current fiscal-year estimated earnings and at 12.0x next fiscal-year estimated earnings. The market, as represented by the S&P 500, is trading at a valuation of 16.4x current fiscal-year estimated earnings and at 15.4x next fiscal-year estimated earnings. The company has a price-to-book ratio of 3.1 compared to 4.5 for the market. Content Courtesy: Zacks Investment Research #1 Ranked Stocks Highlight Archive To truly take advantage of the Zacks Rank, you need to first understand how it works. That is why we created the free special report: Zacks Rank Guide: Harnessing the Power of Earnings Estimate Revisions. | Blog Home| VitalStocks Home

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CPX - Complete Production Services, Inc - PEG ratio currently sits at 0.50

Complete Production Services, Inc. (CPX), a Zacks #1 Rank stock, exceeded analysts’ earnings expectations in three out of the past four quarters, most recently by 6.6% in the first quarter. Analysts have been upping their earnings estimates for CPX over the past 30 days. Earnings per share are projected to grow 21% over the next 3-5 years. The company has a price-to-book ratio of 2.5, compared to 4.5 for the market and 2.8 for the industry average. Its PEG ratio currently sits at 0.50. Full Analysis Complete Production Services, Inc., formerly Integrated Production Services, Inc., is one of North America's leading oilfield service providers, offering all-inclusive field support solutions, equipment and well-production optimization and enhancement to the world's largest oil and gas companies. On Apr 25, CPX reported first-quarter earnings per share of 65 cents. With the Street calling for 61 cents per share, the company topped expectations by 6.6%. Compared to earnings of 46 cents per share in the prior-year period, the result equated to an impressive 41.3% year-over-year improvement. CPX has now exceeded analysts’ earnings expectations in three out of the past four quarters by an average margin of 9.3%. Revenues soared 55.2% to $407.1 million from $262.3 million in the year-ago period. Chairman and CEO Joe Winkler stated, "We are very pleased to report outstanding results for the first quarter of 2007. Our growth significantly outpaced the 15% year over year growth in the U.S. land rig count. This performance is reflective of successful execution and our strategy to be selectively positioned in basins which we believe will have the strongest activity levels." Analysts have been upping their earnings estimates for CPX. Consensus estimates for this quarter and next are up three cents and two cents to 60 cents and 65 cents, respectively, over the past 30 days. Four analysts raised their estimates for both this quarter and next. Profit forecasts for this year and next have risen 15 cents and 14 cents to $2.63 and $3.08, respectively, over the past month. Upward revisions were submitted by six analysts for this year and by four analysts for next year. Earnings per share are projected to grow 21% over the next 3-5 years. In early November of last year, CPX announced that it acquired Pumpco Services, Inc., a provider of pressure pumping services in the Barnett Shale play of north Texas, one of the most active resource plays in North America. CPX cited that pressure pumping is complementary to its completion and production business segment. Pumpco's estimated revenue and operating income for calendar year 2006 are approximately $96 million and $39 million, respectively. CPX is currently trading at a valuation of 10.4x current fiscal-year estimated earnings and at 8.9x next fiscal-year estimated earnings. The market, as represented by the S&P 500, is trading at a valuation of 16.4x current fiscal-year estimated earnings and at 15.4x next fiscal-year estimated earnings. The company has a price-to-book ratio of 2.5, compared to 4.5 for the market and 2.8 for the industry average. Its PEG ratio currently sits at 0.50. CPX’s return on equity of 22% is in line with that of the industry average. Content Courtesy: Zacks Investment Research #1 Ranked Stocks Highlight Archive To truly take advantage of the Zacks Rank, you need to first understand how it works. That is why we created the free special report: Zacks Rank Guide: Harnessing the Power of Earnings Estimate Revisions. | Blog Home| VitalStocks Home

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GDI - Gardner Denver, Inc - surpassed the consensus earnings estimate of 67 cents by 19.4%

Gardner Denver, Inc. (GDI), which was last presented as a Value stock on Jan 16, has returned nearly 16%. GDI exceeded analysts’ earnings expectations for 14 straight quarters. Citing the current economic outlook, existing backlog and expected operational improvements from integration projects, the company recently raised its full-year 2007 profit guidance. GDI has a price-to-book ratio of 2.4, compared to 4.5 for the market and 3.0 for the industry average. Full Analysis Gardner Denver, Inc. is a leading worldwide manufacturer of reciprocating, rotary and vane compressors, liquid ring pumps and blowers for various industrial and transportation applications, pumps used in the petroleum and industrial markets, and other fluid transfer equipment serving chemical, petroleum and food industries. When GDI was last presented as a Value stock on Jan 16, its strong history of exceeding analysts’ earnings expectations was noted. At the time, the company topped estimates for 12 straight quarters. Since that time, GDI beat the Street on two more occasions. The company managed to surprise by a double-digit percentage in nine of the 14 aforementioned quarters. Moreover, consensus estimates continue to trend higher, the company is still trading at a discounted valuation and the stock has returned nearly 16%. On Apr 25, GDI reported first-quarter profits of 80 cents per share. The result surpassed the consensus earnings estimate of 67 cents by 19.4%. Compared to the prior-year period, earnings soared 39.1%. Revenues jumped 10.5% to $441.4 million from $399.3 million in the first quarter of last year. Chairman, President and CEO Ross J. Centanni stated, "I am pleased to report new records for the company in terms of quarterly revenues and net income. While Gardner Denver has experienced significant growth during the last three years from strategic acquisitions, we believe ongoing operational improvements, including lean manufacturing initiatives, continue to drive the company's profitability." Citing the current economic outlook, existing backlog and expected operational improvements from integration projects, GDI boosted its full-year 2007 earnings per share outlook by 25 cents to between $3.00 and $3.10. Analysts responded to the optimistic outlook by raising their profit forecasts for 2007 by 27 cents to $3.09. Two of the three covering analysts submitted upward revisions. Estimates for next year have risen 20 cents to $3.24 over the same period of time, with two of the three covering analysts upping their projections. Earnings per share are projected to grow 11% over the next 3-5 years. GDI is currently trading at a valuation of 13.3x current fiscal-year estimated earnings and at 12.7x next fiscal-year estimated earnings. The market, as represented by the S&P 500, is trading at a valuation of 16.4x current fiscal-year estimated earnings and at 15.4x next fiscal-year estimated earnings. The company has a price-to-book ratio of 2.4, compared to 4.5 for the market and 3.0 for the industry average. GDI’s return on equity tops that of the industry average—17% compared to 15%. Content Courtesy: Zacks Investment Research #1 Ranked Stocks Highlight Archive To truly take advantage of the Zacks Rank, you need to first understand how it works. That is why we created the free special report: Zacks Rank Guide: Harnessing the Power of Earnings Estimate Revisions. | Blog Home| VitalStocks Home

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ESLT - Elbit Systems, Ltd - reported first-quarter earnings per share of 45 cents, which beat the consensus estimate by four cents

Elbit Systems, Ltd. (ESLT) exceeded analysts’ earnings expectations for the past five quarters by an average margin of 10.6%. Consensus estimates for both this quarter and next are up over the past week. In mid May, the Board of Directors declared a quarterly cash dividend of 16 cents per share of stock. ESLT is currently yielding 1.4%. Full Analysis Elbit Systems, Ltd. develops, manufactures and integrates advanced, high-performance defense electronic and electro-optic systems for customers throughout the world. The company’s major activities include command, control, communication, computer and intelligence (C4I) systems and intelligence surveillance and reconnaissance (ISR) systems for defense and homeland security applications. ESLT topped the Street’s earnings estimate for the past five quarters by an average margin of 10.6%. The company managed to surprise by a double-digit percentage in three out of the five aforementioned quarters. On May 15, ESLT reported first-quarter earnings per share of 45 cents, which beat the consensus estimate by four cents. Compared to profits of 35 cents in the prior-year period, the result equated to a 28.6% year-over-year improvement. Consolidated revenues jumped 20.7% to $403.6 million, compared to $334.4 million in the first quarter of 2006. President and CEO Joseph Ackerman stated, "The continued revenue and profit growth trend we reported is especially impressive due to the organic growth we have recorded in the first quarter of 2007. This growth of approximately 20% is the result of our long-term strategy of expanding our operations to additional target markets and a continued investment in the R&D of advanced technologies and cutting edge products." On Apr 26, ESLT announced that it completed its cash tender offer for the balance of the ordinary shares of Tadiran Communications Ltd. The company stated that the acquisition is in line with its long-term strategy of growth through mergers and acquisitions of complementary companies with high synergistic value. The consensus estimate for this quarter is up four cents to 56 cents per share over the past week and reflects upward revisions by one of the two covering analysts. Profit forecasts for next quarter experienced a five-cent jump to 60 cents over the same period of time. One of the two covering analysts upped his estimate. Earnings per share are projected to grow 10% over the next 3-5 years. In mid May, the Board of Directors declared a quarterly cash dividend of 16 cents per share of stock. The dividend is payable on Jun 11 to shareholders of record as of May 29. ESLT has a current dividend yield of 1.4% and a five-year average dividend yield of 1.8%. ESLT’s return on equity, a common measure of profitability, surpasses that of the industry average—16% compared to 12%. ESLT is a Zacks #2 Rank (Buy) stock. Zacks #2 Rank stocks have generated an average annual return of 21.6% since 1988. Because the Zacks Rank has a market cap bias, Growth & Income investors may find a greater number of large-cap stocks by considering both Zacks #1 Rank (Strong Buy) and Zacks #2 Rank (Buy) stocks in their selection criteria. Content Courtesy: Zacks Investment Research #1 Ranked Stocks Highlight Archive To truly take advantage of the Zacks Rank, you need to first understand how it works. That is why we created the free special report: Zacks Rank Guide: Harnessing the Power of Earnings Estimate Revisions. | Blog Home| VitalStocks Home

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BAX - Baxter Intl - Analysts adjusted their estimates accordingly in response to BAX’s bullish guidance

Baxter International, Inc. (BAX) exceeded analysts’ earnings expectations for 10 consecutive quarters, most recently by 10.9% in the first quarter. The company raised its full-year profit and sales guidance after reporting strong first-quarter results. Consensus estimates have risen over the past 60 days. Management has returned value to shareholders through both share repurchases and dividend payments. BAX is currently yielding 1.2%. Full Analysis Baxter International, Inc. is a global healthcare company that, through its subsidiaries, assists healthcare professionals and their patients with treatment of complex medical conditions including hemophilia, immune disorders, kidney disease, cancer, trauma and other conditions. When it comes to beating analysts’ earnings expectations, BAX has a fairly impressive track record. The company topped the consensus estimate for 10 consecutive quarters. Moreover, BAX met or beat the Street’s estimate in 15 out of the past 16 quarters. On Apr 19, BAX posted first-quarter profits of 61 cents per share, surpassing the consensus estimate by six cents. The year-over-year improvement was even more impressive—41.9% when compared to earnings of 43 cents per share in the first quarter of last year. Baxter's worldwide sales came in at $2.7 billion, versus $2.4 billion in the prior-year period. Sales in the U.S. jumped 7.6% $1.1 billion, while international sales increased 14.1% to $1.5 billion (8% growth excluding the impact of foreign exchange). Chairman and CEO Robert L. Parkinson, Jr. stated, "Our strong first-quarter financial results reflect the building momentum in our business and our disciplined focus on driving margin improvements. This performance continues to reflect the value inherent in optimizing our current business portfolio and allowed us to continue to accelerate our investment in research and development, which grew 15% in the quarter." Based on its impressive first-quarter results, BAX raised its full-year sales and earnings outlook. The company now forecasts full-year profits between $2.60 and $2.65 per share, up from its prior range of between $2.47 and $2.53 per share. Sales growth is now expected between 4% and 5%, compared to its previous expectation of 3% to 4%. Analysts adjusted their estimates accordingly in response to BAX’s bullish guidance. The consensus estimate for this year is up 12 cents to $2.63 over the past 60 days. Profit forecasts for next year have risen 18 cents to $3.00 over the past two months. Earnings per share are projected to grow 12% over the next 3-5 years. Management has returned value to shareholders through both share repurchases and dividend payments. On Mar 13, the Board of Directors authorized the repurchase of an additional $2 billion of BAX's common stock. At the time of the announcement, the company still had approximately $800 million of remaining authorization under its previous buyback plan. Furthermore, shareholders requiring an additional stream of income in the form of a dividend have enjoyed a current yield of 1.2% and a five-year average yield of 1.7%. BAX’s return on equity more than triples that of the industry average—25% compared to 7%. Content Courtesy: Zacks Investment Research #1 Ranked Stocks Highlight Archive To truly take advantage of the Zacks Rank, you need to first understand how it works. That is why we created the free special report: Zacks Rank Guide: Harnessing the Power of Earnings Estimate Revisions. | Blog Home| VitalStocks Home

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PX - Praxair, Inc - met or topped the consensus estimate for 16 consecutive quarters

Praxair, Inc. (PX) exceeded analysts’ earnings expectations in 13 out of the past 16 quarters. Analysts have been upping their profit forecasts for both this year and next after the company reported solid first-quarter results. In late April, the Board of Directors declared a quarterly cash dividend of 30 cents per share. PX is currently yielding 1.7%. Its return on equity surpasses that of the industry average—23% compared to 17%. Full Analysis Praxair, Inc. engages in the production, sale and distribution of industrial gases worldwide. The company’s primary products are atmospheric gases (oxygen, nitrogen, argon, rare gases) and process gases (carbon dioxide, helium, hydrogen, electronic gases, specialty gases, acetylene). PX serves a wide range of industries: aerospace, food and beverages, healthcare, semiconductors, chemicals, refining, ore and gas production, primary metals and metal fabrication, as well as other areas of general industry. PX has a very solid track record when it comes to exceeding analysts’ earnings expectations. The company has managed to surprise to the upside in 13 out of the past 16 quarters. Moreover, PX has met or topped the consensus estimate for 16 consecutive quarters. On Apr 25, PX posted first-quarter profits of 81 cents per share. The result bettered the Street’s estimate by a penny and was a 19.1% year-over-year improvement when compared to earnings per share of 68 cents in the prior-year period. Revenues climbed 7.4% to a record $2.18 billion, compared to $2.03 billion in the first quarter of last year. CEO Steve Angel stated, "We achieved solid sales growth in the first quarter, due to continued strength in our global markets, solid industrial manufacturing fundamentals, and strong demand for energy and environmental applications. We leveraged sales growth into sharply higher earnings through a strong focus on pricing, productivity and project execution." Looking ahead, PX expects second-quarter profits between 83 cents and 87 cents per share, up 11% to 16% from the year-ago period. For the entire year, profits are forecasted between $3.35 and $3.50 per share, equating to 12% to 17% growth from last year. The company’s leading market position in North and South America should support long-term growth. Consensus estimates for this year and next experienced three-cent and six-cent increases, respectively, over the past 30 days. Six analysts upped their estimates for this year while seven followed suit for next year. Earnings per share are projected to grow 12% over the next 3-5 years, with the industry expected to grow at a 9% clip. In late April, the Board of Directors declared a quarterly cash dividend of 30 cents per share. The dividend is payable on Jun 15 to shareholders of record as of Jun 7. PX has a current dividend yield of 1.7% and a five-year average dividend yield of 1.5%. The company also used its excess cash to repurchase $186 million worth of its own shares in the first quarter. PX’s return on equity, a common measure of profitability, surpasses that of the industry average—23% compared to 17%. Content Courtesy: Zacks Investment Research #1 Ranked Stocks Highlight Archive To truly take advantage of the Zacks Rank, you need to first understand how it works. That is why we created the free special report: Zacks Rank Guide: Harnessing the Power of Earnings Estimate Revisions. | Blog Home| VitalStocks Home

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NILE - Blue Nile - Four analysts have raised their estimates on the stock for this year

NILE has exceeded earnings estimates in 11 out of the past 12 quarters. The stock got a big 17% boost the day after the company reported its first-quarter that beat estimates by almost 27%. Four analysts have raised their estimates on the stock for this year. Over the past month, this year’s earnings estimates have risen four cents to 90 cents per share, while next year’s numbers have increased five cents to $1.09 per share. The stock sports an ROE of 31%. Full Analysis Blue Nile (NILE) operates as an online retailer of diamonds and fine jewelry in the United States, the United Kingdom, and Canada. It offers diamond, platinum, gold, pearl, and sterling silver jewelry and accessories. The company's fine jewelry assortment consists of settings, wedding bands, earrings, necklaces, pendants, bracelets, and watches. It offers its products under the brand name "Blue Nile" through its Web sites, www.bluenile.com, www.bluenile.co.uk, and www.bluenile.ca. NILE said in early-May its first-quarter profit climbed 34% on strong sales of its more expensive jewelry and a boost in revenue from its international Web sites. For the quarter ended April 1, net income grew to $3.2 million, or 19 cents per share, from $2.4 million, or 13 cents per share in the prior year quarter. Analysts expected earnings of 15 cents per share. Revenue rose 34% to $67.9 million from $50.7 million in the first quarter of 2006. Analysts predicted revenue of $62.1 million for the quarter. Blue Nile said it was particularly happy with the performance of its jewelry costing more than $25,000. Sales in that group rose 84%, the company said. "Blue Nile had a terrific first quarter of 2007," said Mark Vadon, Chief Executive Officer. "We experienced tremendous growth in our business and generated substantial profitability. Our first quarter performance was driven by significant traction with consumers as a result of the appeal of the Blue Nile customer experience and value proposition." During the quarter, Blue Nile repurchased 344,655 shares of its common stock for $13.5 million. Since the inception of its stock repurchase program in February 2005, the Company has repurchased approximately 2.7 million shares of its common stock, or 15.2% of shares outstanding, at an average price of $32.75. Content Courtesy: Zacks Investment Research #1 Ranked Stocks Highlight Archive To truly take advantage of the Zacks Rank, you need to first understand how it works. That is why we created the free special report: Zacks Rank Guide: Harnessing the Power of Earnings Estimate Revisions. | Blog Home| VitalStocks Home

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NVDA - NVIDIA Corp - repurchased shares worth $275.0 million during 2007

Nvidia has met or exceeded earnings estimates in nine out of the past 10 quarters, with six of them posting double-digit surprises. Nine analysts have raised their estimates for this fiscal year. This year's estimates have increased eight cents to $1.53, while next year's numbers have jumped 12 cents to $1.73 per share. The stock sports an ROE of 27%. Full Analysis NVIDIA Corporation (NVDA) offers digital media processors and related software for a wide range of visual computing platforms. Its processors are also used in applications for digital content creation, personal digital image editing, and industrial product designing. The operating segments include four major product-lines graphics processing units (GPUs), media and communications processors (MCPs), Handheld GPUs or wireless media processors (WMPs), and Consumer Electronics. In fiscal year 2007, GPUs accounted for 65.0% of total revenue, MCPs contributed 21.6%, Consumer Electronics accounted for 3.1%, Handheld GPUs or emerging WMPs accounted for 3.5%, while the remaining 6.8% came from its All Other segment. Geographically, NVIDIA generated 10.8% of its fiscal 2007 revenue from the United States, 5.6% from Other Americas, 21.5% from China, 36.5% from Taiwan, 15.8% from Other Asia/Pacific, and the remaining 9.8% from Europe. NVIDIA has made significant progress in the notebook segment as it cuts into ATI/AMD's market position. The GeForce Go notebook product line achieved record revenue for the fourth consecutive quarter in Q407, primarily through increased sales in the notebook standalone GPU segment, which increased 122% year-over-year. Launched in January 2006, the company's first mainstream version of the GeForce 7 Series, the GeForce 7300 GPU, follows the successful 2005 releases of notebook GPUs, including 7800, 7600, and 7400 families. Windows Vista, which was released to the enterprise market in late 2006 and to the consumer market in late January 2007, should also be a catalyst in late calendar 2007. Vista is a graphically intensive system, featuring a three dimensional user interface that will require an advanced GPU to run the system with full functionality. NVIDIA will offer broad support for Windows Vista, certifying three generations of GPUs, from the latest GeForce 7 series to the GeForce FX series. Perhaps the most important part of NVIDIA's growth strategy over the long term is the mobile device market. The acquisition of MediaQ, Inc. in 2003 has helped NVIDIA gain a strong foothold in the graphics market for wireless devices. The February 2006 launch of GoForce 5500 handheld GPU provide DVD quality video, full H.264 processing for fluid digital television, hi-fi surround sound, rapid multi-shot photography, console-class 3D graphics, and power saving technologies. Additionally, NVIDIA has a strong balance sheet with $1,307.0 million in cash and marketable securities and no long-term debt as of April 29, 2007. The company has generated $587.1 million in operating revenues during 2007 and repurchased shares worth $275.0 million during 2007. Content Courtesy: Zacks Investment Research #1 Ranked Stocks Highlight Archive To truly take advantage of the Zacks Rank, you need to first understand how it works. That is why we created the free special report: Zacks Rank Guide: Harnessing the Power of Earnings Estimate Revisions. | Blog Home| VitalStocks Home

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RS - Reliance Steel & Aluminum Co - Full-year earnings estimates have been boosted three times over the past three months

Reliance Steel & Aluminum Co. (RS) has demonstrated exceptional earnings and revenue growth, propelling the stock 56% year-to-date. A consistent track record of earnings surprises, increasing full-year consensus estimates and better-than-expected guidance should continue to fuel the stock’s performance going forward. Full Analysis Reliance Steel & Aluminum Co. operates metals service centers in the U.S. and internationally. It provides metals processing services and distributes a line of approximately 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, titanium, stainless steel and specialty steel products to fabricators, manufacturers and other end users. The company maintains approximately 160 metals service center processing and distribution facilities in 37 states and in Belgium, Canada, China and South Korea. On April 19, this Zacks #1 Rank stock reported record first-quarter earnings of $1.46 per share, up from $1.07 per share for the prior-year period and 16 cents above analyst expectations. Revenues rose 86% to $1.84 billion. David Hannah, CEO, commented that the company’s 2007 acquisitions contributed over $750 million to revenue during the quarter. The purchases included: The Encore Group of metals service center companies (Encore Metals, Encore Metals (USA) Inc., Encore Coils and Team Tube in Canada), Crest Steel Corporation, Industrial Metals and Surplus Inc. and Athens Steel Inc. Going forward, Reliance expects continued growth in key markets, but at a slower rate than 2006. Costs and pricing are not expected to change significantly and as a result, the company expects record full-year sales and earnings. Second-quarter earnings are expected to be in the range of $1.45 to $1.55 per share, ahead of analysts’ expectations of $1.46 per share. Also, Zacks estimates that Reliance Steel’s earnings should grow 19% over the next five years, above the industry average of 14%. Full-year earnings estimates have been boosted three times over the past three months, most recently by four cents to the current $5.88. As testament to the company’s consistent earnings momentum, Reliance has surpassed analysts’ expectations for 13 consecutive quarters. In addition, Zacks Industry Rank currently rates the Metal Products/Distribution industry an impressive four out of 217 companies. Content Courtesy: Zacks Investment Research #1 Ranked Stocks Highlight Archive To truly take advantage of the Zacks Rank, you need to first understand how it works. That is why we created the free special report: Zacks Rank Guide: Harnessing the Power of Earnings Estimate Revisions. | Blog Home| VitalStocks Home

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