Analysts were expecting Sun Hydraulics Corp. (SNHY) [Chart - News - Analysis] to report earnings of $0.00 for last quarter, but SNHY beat expectations with actual earnings of $0.03---3 cents above the consensus estimate. SNHY also issued earnings guidance for next quarter that is above current analyst expectations.

If you compare last quarter's earnings to the $0.35 the company made per share during the same quarter a year ago, you can see that SNHY’s earnings are down this year.

{loadposition link_newslink1}

Also, if you compare SNHY's 15.00% projected earnings-per-share (EPS) growth rate for the next five years with the projected EPS growth rate of 11.41% for the Industrial Equipment & Components industry as a whole during that same time frame, you can see that analysts expect SNHY to outperform the industry in the future---which is a good sign for the stock.

Drilling down a little deeper into the Industrial Equipment & Components industry, you can see how analysts believe SNHY will stack up against some of the other stocks in the industry, like Barnes Group Inc. (B) [Chart - News - Analysis] and Watts Water Technologies, Inc. (WTS) [Chart - News - Analysis], in the future. Analysts believe B's earnings are going to grow at a rate of 10.00% while WTS's earnings are going to grow at a rate of 11.40%.

Earnings season can be a volatile time in the stock market. Check out these videos and articles to be better prepared to take advantage of the large price moves that tend to accompany earnings announcements.

- Earnings Season is Here - Find Out How to Trade It

- Using Options to Trade Earnings

- Understanding Stock Analyst Research and Recommendations

{loadposition link_nowtime}

{loadposition followus}