10 Earnings-Season Surprises for Analysts

BOSTON (TheStreet) -- Earnings season is under way and stocks are rallying on better-than-expected profits. Here are 10 companies that beat analysts' earnings expectations by wide margins. They are ordered by outperformance, from smallest to biggest surprise.

10. JPMorgan Chase(JPM) is a global financial-services company. Second-quarter net income increased 76% to $4.8 billion and earnings per share nearly quadrupled to $1.09, beating analysts' consensus estimate by 54%. JPMorgan shares have gained just 1% since the announcement. They are still cheap, selling for a forward earnings multiple of 8.5, a 39% discount to the industry average. Of analysts covering the stock, 29, or 88%, rate it "buy" and four rank it "hold." None rate it "sell." A median target of $53.45 implies a 31% return in the weeks ahead.