3 Rapidly Growing Companies Set To Deliver Triple-Digit Returns When They Report – Investing.com

3 Rapidly Growing Companies Set To Deliver Triple-Digit Returns When They Report – Investing.com

The U.S. earnings season, which has so far seen roughly 80% of companies reporting beat expectations, shifted into high gear this week. While most of the focus is on the big-name mega-cap stock like Apple (NASDAQ:), McDonald’s (NYSE:), Caterpillar (NYSE:), and Amazon (NASDAQ:), there are several other fast-growing names set to enjoy robust earnings and revenue growth thanks to surging demand for their products and services.

Here are three names well worth considering ahead of their quarterly reports in the days ahead.

Diamondback Energy (NASDAQ:)—which blew past estimates for earnings and revenue in the —is scheduled to report another period of explosive growth. Analysts are calling for earnings per share of $2.65, more than tripling from EPS of $0.62 in the year-ago period. Revenue is forecast to surge about 111% year-over-year to $1.52 billion, boosted by soaring and prices.