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Highest Future Earnings Growth in the Industrial Machinery Industry Detected in Shares of Xerium Technologies (XRM, HDNG, HSC, NNBR, KMT)

By David Diaz

Below are the three companies in the Industrial Machinery 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.

Xerium Technologies ranks highest with a future earnings growth of 103.7%. Following is Hardinge with a future earnings growth of 60.4%. Harsco ranks third highest with a future earnings growth of 36.7%.

NN, Inc follows with a future earnings growth of 29.8%, and Kennametal rounds out the top five with a future earnings growth of 26.0%.

SmarTrend recommended that subscribers consider buying shares of Xerium Technologies on May 6th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $5.94. Since that recommendation, shares of Xerium Technologies have risen 34.0%. We continue to monitor Xerium Technologies for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest future earnings growth xerium technologies hardinge harsco nn inc kennametal