Bitcoin sets a new all-time high above $6,000 >>> READ MORE

5 Earnings Predictions That Will Impact Your Portfolio Now

Tempur-Pedic and Acme Packet likely to impress

    View All  

arrowsInvestors looking for good earnings reports are in luck. The following are two companies that I feel will release strong, estimate-beating results in the coming week:

Acme Packet Inc. (NASDAQ:APKT), based in Burlington, Mass., is a high-tech company that makes communications equipment that helps Internet-based networks communicate with each other better. It has a suite of products, called session board controllers, which are used to connect networks operated by Internet Service Providers as well as business clients.

The company reports its latest round of earnings on Thursday, Oct. 20. For its upcoming report, Acme is expected to post earnings of $0.22 per share on revenues of $70.97 million. That’s over 10% earnings growth and 25% sales growth. Even better, APKT is expected to grow 43.7% by the end of year. That tells us that there’s still a lot of upward movement left to see in this stock.

Tempur-Pedic International Inc. (NYSE:TPX) is the worldwide leader in specialty sleep and the fastest-growing segment of the estimated $13 billion global mattress market. Its mattresses are consistently ranked as Consumer’s Digest Best Buys, and they have won the coveted Good Housekeeping Seal of Approval. In addition, Tempur-Pedic mattresses are the only ones to have earned the Arthritis Foundation’s Ease-of-Use Commendation.

Rest assured, with this investment you can rest easy. The upcoming earnings numbers are looking quite strong for the company. Analysts are predicting over 37% growth in the quarter, along with 10.7% sales growth. That’s incredible, especially considering the analyst community is expecting a 36% drop in growth for the industry for the quarter. TPX also reports earnings on Thursday, Oct. 20.

Now let’s look at a few companies whose earnings aren’t expected to fare too well:

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC