HomeMost PopularInvestingRockstar Small-Cap Stocks Crushing Earnings Estimates

Rockstar Small-Cap Stocks Crushing Earnings Estimates

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First, let’s talk about the eye-catching small-cap stocks that have been making headlines with their impressive quarterly results this week. These companies have been quietly strengthening their positions in the market, presenting an excellent opportunity for investors to dive in and make some serious returns.

Cellebrite DL Ltd (CLBT): A Force to be Reckoned With

In the realm of small-cap stocks, tech companies with promising futures are a hot ticket item. Cellebrite certainly fits the bill, boasting a Zacks Rank #1 (Strong Buy) at the moment.

Cellebrite is in the business of providing digital intelligence solutions for both the public and private sectors, offering software that enables users to collect, view, and manage digital data throughout the entire investigation cycle. After going public in 2021, Cellebrite has emerged as one of the most intriguing Special Purpose Acquisition Companies (SPACs) in recent years. The company delivered exemplary Q3 earnings, clocking in at $0.09 per share, trouncing the Zacks Consensus of $0.01 per share. What’s more, the sales figure of $84.18 million soared past estimates by 2%.

Eneti (NETI): Setting Sail Towards Success

Transportation stocks can be notorious for their roller-coaster nature, but Eneti’s earnings potential seems to have slipped under the radar, making it an enticing prospect. Currently boasting a Zacks Rank #1 (Strong Buy), Eneti is a leading provider of installation and maintenance vessels to the offshore wind sector. The company’s third-quarter earnings of $0.49 per share pulverized estimates of $0.31 per share by a whopping 58%, while quarterly sales of $53.2 million came in 9% better than expected.

Other Small-Cap Stocks to Keep an Eye On

In the finance sector, AITi Global (ALTI) and Mitsubishi UFJ Financial Group (MUFG) are two other small-cap stocks that showcased impressive earnings beats this week. AITi Global reported third-quarter earnings of $1.18 per share, obliterating estimates of $0.05 per share, whereas Mitsubishi Financial Group’s fiscal second-quarter EPS of $0.22 per share was 37% above estimates of $0.16 per share. Both stocks are currently trading at around $8 a share and hold a Zacks Rank #2 (Buy).

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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.

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