The release of a company’s financial results is usually highly influential for its stock price, specifically because it shows if a company is on track to meet operational and financial targets set by investors. Analyst estimates often drive a stock higher or lower, based on whether the company surpasses or fails to meet expectations. That being said, the companies on our list today have seen big increases in analyst earnings estimates during the past year.
Mitel Networks Corp. (TSX: MNW) – $12.37
Software
Mitel Networks Corporation (Mitel) is a global provider of business communications and collaboration software, services and solutions. The Company operates in two segments: Premise and Cloud. Mitel offers portfolios of business communications solutions, which are known as unified communications and collaboration (UCC). It also offers cloud-based telephony services and network services in the United States and in select markets across the globe.
- Market Cap: $1,463,056,263
- Earnings Release Date: 8/5/2015
- EPS – Mean Analyst Estimate: $0.24
- Estimated Increase (Y/Y): 3044.1%
DIRTT Environmental Solutions Ltd. (TSX: DRT) – $7.01
Business Support Services
DIRTT Environmental Solutions Ltd. is a manufacturer of interior space solutions. It manufactures interiors for North American commercial markets and uses a three dimensional (3D) software platform to design, price, specify and produce custom prefab interiors. It relies on ICE Software (ICE) to manufacture its prefabricated interior construction solutions, including DIRTT Walls, DIRTT Power, DIRTT Networks, DIRTT Millwork and DIRTT Floors. The Company builds large and small corporate, government, educational and healthcare projects all over the world.
- Market Cap: $567,712,348
- Earnings Release Date: 8/3/2015
- EPS – Mean Analyst Estimate: $0.09
- Estimated Increase (Y/Y): 398.1%
Primero Mining Corp. (TSX: P) – $3.39
Diversified Mining
Primero Mining Corp. is a Canada-based precious metals producer focused on building a portfolio of precious metals assets in the Americas through acquiring, exploring, developing and operating mineral resource properties. It operates in the Mexico and Canada segments. It owns two producing properties: the San Dimas gold-silver mine, located in Mexico’s San Dimas district, on the border of Durango and Sinaloa states and the Black Fox mine located in the Township of Black River? Matheson, Ontario, Canada.
- Market Cap: $534,176,698
- Earnings Release Date: 8/4/2015
- EPS – Mean Analyst Estimate: $0.02
- Estimated Increase (Y/Y): 381.3%
Sierra Wireless Inc. (TSX: SW) – $32.15
Communications & Networking
Sierra Wireless, Inc. is a provider of cellular wireless solutions to the machine-to-machine (M2M) and connected device markets. The Company develops and markets a range of wireless products that include embedded modules and embedded software for original equipment manufacturers (OEMs), gateways and routers for industrial, commercial and public safety applications, and a cloud-based platform for delivering device management and enabling end-to-end applications. The company’s products, services and solutions connect people, their mobile computers and machines to wireless voice and data networks around the world.
- Market Cap: $1,026,018,983
- Earnings Release Date: 8/5/2015
- EPS – Mean Analyst Estimate: $0.37
- Estimated Increase (Y/Y): 242.9%
Colliers International Group Inc. (TSX: CIG) – $54.49
Real Estate Services
Colliers International Group Inc. is engaged in commercial real estate services with more than 16,300 professionals operating from 502 offices in 67 countries. Colliers professionals provide a range of services to real estate occupiers, owners and investors worldwide. Services include brokerage, global corporate solutions, investment sales and capital markets, project management and workplace solutions, property and asset management, consulting, valuation and appraisal services, and customized research and thought leadership.
- Market Cap: $1,992,012,252
- Earnings Release Date: 8/4/2015
- EPS – Mean Analyst Estimate: $0.79
- Estimated Increase (Y/Y): 208.8%
