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General Cable is Among the Companies in the Electrical Components & Equipment Industry With the Highest Future Earnings Growth (BGC, LYTS, WIRE, AYI, ETN)

By James Quinn

Below are the three companies in the Electrical Components & Equipment industry with the highest future earnings growth. The growth of earnings per share (next fiscal year estimated vs. current fiscal year estimated) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

General Cable ranks highest with a future earnings growth of 74.9%. LSI Industries is next with a future earnings growth of 60.0%. Encore Wire ranks third highest with a future earnings growth of 19.6%.

Acuity Brands follows with a future earnings growth of 18.3%, and Eaton rounds out the top five with a future earnings growth of 10.7%.

SmarTrend recommended that subscribers consider buying shares of Eaton on November 9th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $64.75. Since that recommendation, shares of Eaton have risen 19.5%. We continue to monitor Eaton for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest future earnings growth general cable lsi industries encore wire acuity brands Eaton

Ticker(s): BGC LYTS WIRE AYI ETN