Earnings season is in full swing, and next week's slate features several companies with a strong track record of beating expectations and delivering an immediate win for their shareholders. CNBC Pro used earnings data from Bespoke Investment Group to identify stocks that typically top Wall Street expectations and trade higher after their reports. The companies below have beaten projections for earnings per share at least 80% of the time and delivered an average one-day stock price return of more than 1%, according to Bespoke. All the firms had at least 10 quarters of data to analyze. Several of the names listed are smaller banks, such as Citizens Financial and Signature Bank . Those stocks see a one-day rise of 1.53% and 1.69% on average, according to Bespoke. SVB Financial has the best track record on the list for both earnings beats and average moves. The company has beaten expectations more than 90% of the time, with an average gain of 2.1%. Those financial stocks have already outperformed the broader market this year, with Citizens and SVB rising about 22% and 46%, respectively, while SVB has surged more than 80%. For investors looking for a hike in guidance, ManpowerGroup may be worth exploring. The company has raised its forward projections in roughly 27% of its reports, in addition to a high beat rate on earnings per share. The personnel services stock has gained about 27% year to date, but shares have gained about 4% over the past three months. To be sure, recent earnings beats have seen tepid reactions on Wall Street, leading some strategists to speculate that the good news of a big earnings season was priced in for many stocks.
A Citizens Financial Group bank branch in Boston
Kelvin Ma | Bloomberg | Getty Images
Earnings season is in full swing, and next week's slate features several companies with a strong track record of beating expectations and delivering an immediate win for their shareholders.