With earnings season nearing the end, the following IBD 50 stocks have seen the biggest leaps forward in earnings per share on an annual basis. Paycom Paycom Software (PAYC) provides human resource and payroll applications to companies looking to take advantage of cloud computing. The Oklahoma City-based company notched 150% EPS growth during the second quarter compared to a year earlier — 67% higher than analysts forecast. Revenue jumped 47% to
Hampered by slowing iPhone sales, Apple (AAPL) chipmaker Avago Technologies (AVGO) is expected late Wednesday to report its second decelerating-revenue-growth quarter in two years. In the past three consecutive quarters, the Singapore-based chipmaker posted triple-digit percentage increases in revenue. Wall Street doesn’t see Avago making it a four-peat. The consensus of 21 analysts polled by Thomson Reuters models earnings per share of $2.14,
Comedians roasted Amazon.com (AMZN) this week following a New York Times expose on the e-commerce giant’s harsh treatment of its workforce. On Aug. 15, the Times published an article titled “Inside Amazon: Wrestling Big Ideas in a Bruising Workplace.” The article painted Amazon as a high-stress, unsympathetic workplace with grueling hours and an unforgiving pace. Amazon CEO Jeff Bezos criticized the newspaper’s portrayal of his company as a “a