Today we have shortlisted 15 Canadian stocks across sectors that have registered positive earnings surprises by beating the consensus earnings estimates of analysts polled by Bloomberg during the second quarter of 2014. These stocks have reported strong growth in sales and earnings during the quarter with strong operating margins and provide high return on equity (ROE). We note that during the past three months, a majority of these stocks have accumulated gains with daily average trading volumes in excess of 100,000 shares.

 


 

Company Name

Ticker

Exchange

Market Cap
(C$ Mn)

Last Price

Average Volume
(3-Month)

Price Change
(3-Month)

Sales Growth*
(Y-o-Y)

Reported Sales above Estimates

EPS Growth*
(Y-o-Y)

Reported EPS above Estimates

Operating Margin*

Return On Equity

WaterFurnace Renewable Energy Inc

WFI

TSX

377.1

30.50

108,610

25.4%

29.7%

+5.5%

33.3%

+10.3%

8.8%

31.7%

Contrans Group Inc

CSS

TSX

516.5

15.20

224,478

2.8%

15.9%

+3.0%

31.8%

+13.3%

9.0%

28.0%

Linamar Corp

LNR

TSX

4,081.9

63.00

248,121

0.7%

18.9%

+2.8%

46.8%

+7.4%

11.5%

21.4%

Raging River Exploration Inc

RRX

TSX

1,766.5

9.82

1,155,450

-1.8%

170.1%

+1.9%

183.3%

+11.9%

50.0%

18.4%

Petrowest Corp

PRW

TSX

196.7

1.31

2,665,911

12.0%

12.5%

+6.2%

66.7%

+16.7%

9.1%

17.9%

Great Canadian Gaming

GC

TSX

1,259.9

18.58

119,143

23.7%

12.3%

+8.2%

70.6%

+46.5%

31.0%

17.6%

WestJet Airlines Ltd

WJA

TSX

3,665.2

28.71

485,056

19.6%

10.3%

+1.8%

20.6%

+43.9%

8.4%

17.0%

CCL Industries Inc

CCL/B

TSX

4,010.5

115.86

104,771

9.9%

80.0%

+3.6%

109.1%

+7.0%

12.6%

14.4%

Canadian Western Bank

CWB

TSX

3,307.2

41.22

219,099

11.7%

10.4%

+1.4%

18.5%

+6.4%

49.1%

14.3%

CanElson Drilling Inc

CDI

TSX

676.3

7.31

397,058

-3.2%

65.1%

+15.0%

200.0%

+30.4%

17.3%

11.4%

TransGlobe Energy Corp

TGL

TSX

509.1

6.80

583,445

-3.0%

12.0%

+18.2%

150.0%

+72.4%

48.8%

10.3%

DeeThree Exploration Ltd

DTX

TSX

984.3

11.08

634,526

8.4%

149.7%

+1.2%

133.3%

+31.3%

38.3%

9.7%

WSP Global Inc

WSP

TSX

2,186.3

35.28

119,339

-6.2%

16.7%

+16.5%

21.2%

+5.9%

5.4%

7.4%

RMP Energy Inc

RMP

TSX

987.7

8.09

1,733,935

1.5%

101.0%

+3.8%

200.0%

+27.3%

40.4%

6.9%

Essential Energy Services

ESN

TSX

324.6

2.58

351,464

4.9%

37.3%

+21.0%

42.9%

+35.5%

13.8%

4.3%