HGS Earnings

FILTER

DATA FIELD

DESCRIPTION

COMMENTS

Yes

%OScore

Optic Score

The percentage score a security obtains by analyzing the current and historical EPS and Revenue of the security for consistent, continuous, consecutive improvements in EPS and Revenue over a period of 8 quarters.

Four individual component scores are computed:

1. • Consecutive Quarterly Improvement to EPS (CQIE)

   • Consecutive Quarterly Improvement to Revenue (CQIR)

   • Consecutive Yearly Improvement for EPS (CYIE)

   • Consecutive Yearly Improvement for Revenue (CYIR)

NOTE:  Yearly is computed by using current quarter to the same quarter one year ago. The four component scores are summed for each security with a possible max score of 20.  The score is turned into a percentage where 20 is 100%, 0 is 0% and everything else is in the middle.

Yes

CQIE

Continuous Quarterly Improvement in Earnings Per Share

The objective is to find securities with quarter after quarter of continuous EPS growth.  The most recent quarter is compared to the preceding quarter.  If the most recent quarter is greater than the preceding quarter (not equal), the count is increased by one.  This type of backwards comparison where each quarterly EPS is compared to the previous quarterly EPS goes on until one of two events occur:

1. All 8 quarterly time periods have been processed or

2. The security fails with a quarter that doesn't increase, the process will stop and the count is recorded

The counting process results in a number from 0 – 7.  A security with consecutive upward progress will get a value of 7 (8 quarters of steady upward progress) A security with a zero means the current quarter is less than the previous quarter.

Yes

CYIE

Continuous Yearly Improvement in Earnings Per Share

The objective is to find securities with year after year of continuous EPS growth for the past 3 years. The year is based on a trailing twelve month (TTM) basis.  The yearly difference between the most recent EPS quarter and the same quarter a year ago is computed. This backwards computation is done to arrive at 4 yearly EPS values.  If the difference for most recent yearly EPS value is greater than the previous year (not equal) we add one to the count.  This type of backwards comparison goes on until one of two events occur:

1. All 3 yearly time periods have been processed or

2. The security fails with a yearly comparison that doesn't increase, the process will stop and the count is recorded

The process results in a number from 0 – 3.  A security with consecutive upward yearly progress will get a value of 3 (3 years of steady upward progress).

• > 0 selects all securities with 1-3 consecutive years

• = 0 select securities where the most recent year has turned down

• < 0 is not applicable and produces a blank screen

Yes

HGS Boxes

High Growth Stock Boxes

A system that evaluates and rates securities on a scale of 1-10 according to historical earnings growth and places the security into a 10 box matrix based on the rating.  Ratings are positive numbers from

1-10. If a security does not meet the earnings criteria for placement into the matrix then it is assigned a ”No Box” rating of 0.   (HGS Boxes Calculations)