Miller Industries (MLR) and Crocs (CROX)

Miller Industries, Inc. (MLR - Snapshot Report) ended Monday's session as one of the top-performing Zacks #1 Rank companies, while the market put together a third straight day of gains.

Shares increased 6.18% today with volume at a little more than 86,000, compared to the daily average of about 53,000.

The 3 analysts covering MLR have been sitting still over the past 30 days, but the Zacks Consensus Estimates for 2011 and 2012 show that its quarterly report from early May was well received.

The Zacks Consensus Estimate for this year is currently $1.52 per share, or 25.6% better than 2 months ago. As for 2012, the expectation of $1.44 per share has advanced 14.3% in the same time frame.

Miller Industries is the world's largest manufacturer of towing and recovery equipment, and markets its towing and recovery equipment under a number of well-recognized brands, including Century, Vulcan, Chevron, Holmes, Challenger, Champion, Jige, Boniface and Eagle.

The company is part of the auto-truck – orig industry. There are 4 other names from this space on today's Zacks #1 Rank List: Dana Holding Corporation (DAN - Snapshot Report), Federal-Mogul Corporation (FDML - Snapshot Report), Titan International, Inc. (TWI - Snapshot Report) and WABCO Holdings Inc. (WBC - Snapshot Report).

Government-related revenues led to a solid first quarter report for MLR. Earnings per share of 61 cents blew past the year-ago performance. It also handily beat the Zacks Consensus Estimate by more than 110%, marking the fifth straight quarter with a positive earnings surprise.

Net sales of $108.9 million soared nearly 51% from last year's $72.3 million.

Looking forward, the company expects second-quarter revenue to decline from the first quarter, but is "cautiously optimistic" for the rest of 2011 and believes that it is prepared to take advantage of any future opportunities.

Right behind MLR was Crocs, Inc. (CROX - Snapshot Report), which gained 6.16% Monday. Volume moved past 2.9 million shares, versus the daily average of around 1.5 million.

CROX announced a very solid first-quarter report in late April, which included earnings per share of 24 cents on revenue of $226.7 million. The earnings result surpassed the previous year's 7 cents many times over, and also topped the Zacks Consensus Estimate by more than 26%. It was the company's seventh straight quarter with a positive surprise.

Meanwhile, revenue increased by nearly 36% year over year from $166.9 million.

CROX expects second quarter revenue to improve 23% to $280 million, while earnings per share should be around 43 cents.

The Zacks Consensus Estimate for 2011 is $1.11 per share, which has been stagnant for the past 30 days but is up 4.7% from 2 months ago. Analysts expect 2012 profit to advance more than 24% over the current year to $1.38 per share. That Zacks Consensus Estimate is up 1.5% in the past 30 days and 4.5% in 60 days.

Crocs is a world leader in innovative casual footwear for men, women and children. We have the company as part of the Textile-Apparel industry. There are 2 other names from this space on today's Zacks #1 Rank List: Delta Apparel, Inc. (DLA - Snapshot Report) and Oxford Industries, Inc. (OXM - Snapshot Report).

By the way, neither MLR nor CROX were THE top performers on Monday. That distinction goes to Universal Stainless & Alloy Products, Inc. (USAP - Snapshot Report), which trounced every other name on the list by gaining north of 13%.

USAP is a company that has been mentioned a lot in this article in recent days, so for more background make sure to take a look at our offerings from Thursday, Wednesday and Tuesday of last week.

Read the full analyst report on TWI

Read the full analyst report on USAP

Read the full analyst report on DLA

Read the full analyst report on OXM

Read the full analyst report on CROX

Read the full analyst report on DAN

Read the full analyst report on MLR

Read the full analyst report on FDML

Read the full analyst report on WBC