The Q1 earnings season has approached its end with 88.5% of the S&P 600 index having reported already. As per Earnings Trends issued on May 17, 2018, earnings are up 21.4% on 9.7% revenue growth. The beat ratio is 60.5% for EPS and 72.2% for the top line.
Against this backdrop, we would like to note which sectors performed the best in the Q1 earnings season and highlight a top-ranked stock from each. You can see the complete list of today’s Zacks #1 Rank stocks here.
Transportation
As many as 87.5% companies from the S&P 500 index have reported so far. Total earnings for the transportation sector are up 42.4% on 15% higher revenues, with a blended beat ratio of 85.7%.
Echo Global Logistics Inc.
This is a leading provider of technology-enabled transportation and supply chain management services.
Zacks Rank: #1
Year-over-Year Growth Earnings Est for Q2: 100%
Year-over-Year Growth Revenue Est for Q2: 28.08%
Market Cap: $771.68 million
Zacks Industry Rank: Top 29%
Construction
As many as 90.5% of companies have reported earrings. Earnings and revenues for the construction sector are up 56.3% and 17.3%, respectively, with the beat ratio being 52.6%.
Century Communities Inc. (CCS - Free Report)
This is a home building and construction company.
Zacks Rank: #1
Year-over-Year Growth Earnings Est for Q2: 57.58%
Year-over-Year Growth Revenue Est for Q2: 66.04%
Market Cap: $893.67 million
Zacks Industry Rank: Top 11%
Industrial Production
As many as 95.5% of companies have released financial results. Earnings and revenues for the construction sector are up 22.8% and 13.9%, respectively, while the beat ratio is 50%.
DMC Global Inc. (BOOM - Free Report)
It is a technology company, focusing on industrial infrastructure and oilfield products and services.
Zacks Rank: #1
Year-over-Year Growth Earnings Est for Q2: 950.0%
Year-over-Year Growth Revenue Est for Q2: 58.93%
Market Cap: $625.5 million
Zacks Industry Rank: Top 5%
Consumer Staples
About 81.8%% of companies have reported with strong Q1 earnings growth of 54.9% and revenue expansion of 10%. Its blended beat ratio is 44.4%.
Turning Point Brands Inc. (TPB - Free Report)
The company provides tobacco products.
Zacks Rank: #1
Year-over-Year Growth Earnings Est for Q2: 36.84%
Year-over-Year Growth Revenue Est for Q2: 12.22%
Market Cap: $456.71 million
Zacks Industry Rank: Bottom 36%
Business services
About 82.8%% of companies have come up with earnings. Q1 earnings growth is 21.2% and revenue expansion is 6.5%. Its blended beat ratio is 66.7%.
Heidrick & Struggles International Inc. (HSII - Free Report)
The company serves the executive talent and leadership needs of the world's top organizations.
Zacks Rank: #1
Year-over-Year Growth Earnings Est for Q2: 36.36%
Year-over-Year Growth Revenue Est for Q2: 4.58%
Market Cap: $730.4 million
Zacks Industry Rank: Top 22%
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The Q1 earnings season has approached its end with 88.5% of the S&P 600 index having reported already. As per Earnings Trends issued on May 17, 2018, earnings are up 21.4% on 9.7% revenue growth. The beat ratio is 60.5% for EPS and 72.2% for the top line.
Against this backdrop, we would like to note which sectors performed the best in the Q1 earnings season and highlight a top-ranked stock from each. You can see the complete list of today’s Zacks #1 Rank stocks here.
Transportation
As many as 87.5% companies from the S&P 500 index have reported so far. Total earnings for the transportation sector are up 42.4% on 15% higher revenues, with a blended beat ratio of 85.7%.
Echo Global Logistics Inc.
This is a leading provider of technology-enabled transportation and supply chain management services.
Zacks Rank: #1
Year-over-Year Growth Earnings Est for Q2: 100%
Year-over-Year Growth Revenue Est for Q2: 28.08%
Market Cap: $771.68 million
Zacks Industry Rank: Top 29%
Construction
As many as 90.5% of companies have reported earrings. Earnings and revenues for the construction sector are up 56.3% and 17.3%, respectively, with the beat ratio being 52.6%.
Century Communities Inc. (CCS - Free Report)
This is a home building and construction company.
Zacks Rank: #1
Year-over-Year Growth Earnings Est for Q2: 57.58%
Year-over-Year Growth Revenue Est for Q2: 66.04%
Market Cap: $893.67 million
Zacks Industry Rank: Top 11%
Industrial Production
As many as 95.5% of companies have released financial results. Earnings and revenues for the construction sector are up 22.8% and 13.9%, respectively, while the beat ratio is 50%.
DMC Global Inc. (BOOM - Free Report)
It is a technology company, focusing on industrial infrastructure and oilfield products and services.
Zacks Rank: #1
Year-over-Year Growth Earnings Est for Q2: 950.0%
Year-over-Year Growth Revenue Est for Q2: 58.93%
Market Cap: $625.5 million
Zacks Industry Rank: Top 5%
Consumer Staples
About 81.8%% of companies have reported with strong Q1 earnings growth of 54.9% and revenue expansion of 10%. Its blended beat ratio is 44.4%.
Turning Point Brands Inc. (TPB - Free Report)
The company provides tobacco products.
Zacks Rank: #1
Year-over-Year Growth Earnings Est for Q2: 36.84%
Year-over-Year Growth Revenue Est for Q2: 12.22%
Market Cap: $456.71 million
Zacks Industry Rank: Bottom 36%
Business services
About 82.8%% of companies have come up with earnings. Q1 earnings growth is 21.2% and revenue expansion is 6.5%. Its blended beat ratio is 66.7%.
Heidrick & Struggles International Inc. (HSII - Free Report)
The company serves the executive talent and leadership needs of the world's top organizations.
Zacks Rank: #1
Year-over-Year Growth Earnings Est for Q2: 36.36%
Year-over-Year Growth Revenue Est for Q2: 4.58%
Market Cap: $730.4 million
Zacks Industry Rank: Top 22%
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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