As the first quarter of 2023 comes to a close, the earnings season is in full swing, and some of the top performers have already delivered impressive results. In this blog post, we will take a closer look at some of the companies that have exceeded expectations and those that have fallen short.

Let’s start with the top performers. CR (Crown Castle) delivered a strong Q3 earnings report, beating EPS estimates by $0.03 and revenue by $0.02 billion. The company’s stock price implied a 7% move upon release of the earnings report. RUSHA (Rush Enterprises) also had a great quarter, with EPS beating estimates by $0.02 and revenue coming in ahead of expectations. The stock price implied a 3% move upon release of the earnings report. KEX (Kinder Morgan) delivered a strong Q3 earnings report, with EPS beating estimates by $0.05 and revenue coming in well ahead of expectations. The stock price implied an 8% move upon release of the earnings report.

On the other hand, some companies failed to meet expectations. SITE (Sterling Construction) missed EPS estimates by $0.06 and revenue came in below expectations. The stock price implied a 9% move upon release of the earnings report. OTIS ( Otis Worldwide) also missed EPS estimates by $0.01 and revenue came in below expectations. The stock price implied a 2% move upon release of the earnings report. DAN (Dana Inc.) missed EPS estimates by $0.10 and revenue came in below expectations. The stock price implied a 9% move upon release of the earnings report.