The fourth quarter earnings season unofficially comes to an end on Thursday when Wal-Mart (WMT) reports earnings before the open. So far this earnings season, thousands of companies have reported earnings, and our job here is to identify the reports that look the best.
One way that we narrow our list down is to look for earnings “triple plays.” Long-term Bespoke subscribers know how much we like triple plays, but for those that haven’t heard of the term, we came up with it back in the mid-2000s for companies that beat analyst earnings estimates, beat analyst revenue estimates and also raised guidance. Investopedia.com is one of the best online resources for financial markets education, and they’ve actually given us credit for coining the “triple play” term on their website. We consider triple play stocks to be the cream of the crop of earnings season, and we are constantly finding new long-term buy opportunities from this basket of names each quarter.
So far this earnings season, companies that have lowered guidance have outnumbered companies that have raised guidance by a margin of 3 to 1. There have only been 32 triple plays, which is a very weak reading relative to the average earnings season. But that makes the 32 companies that actually did report triple plays this season look even better, and we detail them in our quarterly Earnings Triple Plays report that just went out to Bespoke Premium and Bespoke Institutional subscribers. We also filter the triple plays list even further to feature our 9 favorite stocks in the report. If you want to see these triple play stocks, sign up now using the offer below!
See our top earnings season triple plays by signing up for a monthly Bespoke Premium membership now. Click this link for a 10% discount ($89/month).