The Gymboree Corporation

The Gymboree Corporation (GYMB) kept its earnings beat winning streak alive in August when it surprised on the Zacks Consensus Estimate, once again, by 7.89%. The company has now beaten 6 quarters in a row.

Analysts continue to be bullish about the children's clothing retailer as third quarter estimates have moved up a penny to $1.07 in the last 30 days as 3 out of the 9 covering analysts have raised during that time period.

In its second quarter earnings report on Aug 19, the company forecast earnings per share between 95 cents and $1.03, so the Zacks Consensus Estimate is higher than the company's guidance.

The fiscal 2010 Zacks Consensus Estimate has also moved higher, rising 3 cents to $3.32 per share in the last month.

The company saw some sales improvement in the second quarter, as net sales rose 5% to $212.3 million from $202.8 million year over year. Same-store sales, however, dipped 1% compared to the same period in 2008. Same-store sales are projected to decline in the low-single digits in the third quarter versus a year ago.

Gymboree is scheduled to report fiscal third quarter earnings on Nov 18.

The better-than-expected news has been a boon for the stock which recently hit multi-year highs.

Value Fundamentals

Despite the surging stock price, the company still has some solid value characteristics. It is trading with a forward P/E of 14.6. It also has an excellent 1-year return on equity (ROE) of 27.49%. Gymboree is a Zacks #1 Rank (strong buy) stock.

Read the July 9 article.

Update to Previous Value Zacks Rank Buy Stocks

Royal Bank of Canada (RY - Snapshot Report) is taking advantage of market conditions to capitalize on its trading platform and expand its banking operations. It easily surprised on estimates in the third quarter by 25.61% as trading revenue soared 91.8%. Despite trading near 52-week highs, the company has a forward P/E of just 13.9. Read the full article.

Duncan Energy Partners L.P. (DEP) recently rewarded unitholders by raising its distribution 3.6%. The partnership already pays a hefty yield of 9.00%. It has surprised on the Zacks Consensus Estimate three quarters in a row. Read the full article.

Cooper Tire & Rubber Company (CTB - Analyst Report) has surprised on estimates the last 3 quarters, including a huge beat in the second quarter. CTB trades with a forward P/E of 11.8. Read the full article.

ProAssurance Corporation (PRA - Analyst Report) saw revenues rise 14.4% in the second quarter as premiums increased. The company has surprised on estimates 3 out of 4 quarters by an average of 34.28%. PRA is trading with a forward P/E of 13.96. Read the full article.

Read the full analyst report on CTB

Read the full analyst report on GYMB

Read the full analyst report on DEP

Read the full analyst report on PRA

Read the full analyst report on RY