Top Performer for Friday: APAC Customer Services, Inc. (APAC)

With a gain of more than 7.5%, APAC Customer Services, Inc. (APAC - Snapshot Report) was a top-performing Zacks #1 Rank company for Friday.

There's only 1 covering analyst for this year, but the earnings estimate has soared by 61% over the past 2 months to 45 cents from 28 cents.

In addition, the analyst believes that next year's profit will advance by more than 11% from this year.

In its fourth-quarter report from February, APAC earned 10 cents per share, which reversed a year-ago loss of 4 cents. The result also bettered the consensus by as much as 100%. Revenue advanced 6% to $65.3 million, compared to $61.7 million last year.

During the full year, APAC said it was able to make progress in winning new business, eliminate waste, reduce overhead and implement operational efficiencies.

Out of 203 stocks on the Zacks #1 Rank List for Friday, there are 4 Business Services companies. Excluding APAC, the other 3 are Euronet Worldwide, Inc. (EEFT - Snapshot Report), Providence Service Corporation (PRSC - Snapshot Report) and StarTek, Inc. (SRT - Snapshot Report).

APAC is a leading provider of quality customer care services and solutions for market lenders in healthcare, financial service, business services, publishing, communications and travel and entertainment industries.