Stocks To Watch With Earnings Approaching: Mercury Systems

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Mercury Systems ( MRCY ) is expected to report earnings on Jan. 22. The stock is now trading 6% below the 54.59 buy point from an eighth-stage flat base that it cleared earlier.

[ibd-display-video id=2102289 width=50 float=left autostart=true] Understand that buying a stock just ahead of earnings involves risk since you typically don't have enough time to build a profit cushion before the latest quarterly numbers come out. Be sure to follow sound buy and sell rules to minimize your exposure.

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Earnings growth picked up last quarter from 10% to 68%. But revenue gains fell from 35% to 21%.

Consensus analyst estimates call for earnings growth to be flat for the quarter, and 17% growth for the full year. Annual earnings estimates were recently revised upward.

The company has a 95 Composite Rating and earns the No. 3 rank among its peers in the Aerospace/Defense industry group. Heico ( HEI ) is the No. 1-ranked stock within the group.

Note: Dates for earnings reports are subject to change. Check the company's website for any updates.


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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Stocks
Referenced Symbols: MRCY , HEI

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