Martek Bioscience (MATK) announced in September that made it a multiple license and supply deal with an international food companies, Hero, Grupo Ricap, and Hochdorf Nutricare. Martek will supply all of companies' ARA and DHA for infant formula and children's food and milk, specially designed for a child's early life.

The deal allows Martek to continue its international expansion into Mexico, Europe, and China. Martek's proprietary DHA and ARA blend is used in approximately 95% of infant formulas sold in the U.S.

On Sep 4 Martek announced third-quarter earnings that included earnings per share of 28 cents. This market the fourth surprise in the past 4 quarters, as analysts were only expecting 24 cents. Revenues rose 14% year-over-year to $88.4 million.

Martek also raised full-year guidance during the announcement. The company expects earnings per share to be between $1.06 and $1.09,

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Martek Biosciences Corp (MATK) is one of the recent additions to the Focus List. The company has recently announced another earnings surprise and analysts continue to raise their estimates for the biotech company.

Company Description

Martek develops, manufactures and sells products made with micro-algae and other microbes. The products include nutritional supplements used in food, beverages, and baby formula. Martek also develops specialized bio-chemicals for drug development and other scientific areas. The company is based out of Columbia, Maryland, with over 500 employees, and a market cap of $1.1 billion.

Earnings Estimates Rising On Heels of Latest Announcement

On September 4th Martek announced third-quarter results for 2008 that included earnings per share of 28 cents. The consensus estimate was 24 cents, making this the fourth earnings surprise in as many quarters.

Within the past 30 days estimates for current quarter,

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Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

Aeropostale Inc (ARO) AMCOL International Corp (ACO) Atlas Pipeline Partners LP (APL) Babcock & Brown Air Ltd (FLY) Bank of Marin Bancorp (BMRC) Comverse Technology Inc (CMVT) Covidien Ltd (COV) Einstein Noah Restaurant Group Inc (BAGL) Gushan Environmental Energy Ltd (GU) Hewitt Associates Inc (HEW) Hutchison Whampoa Ltd (HUWHY) ICON plc (ICLR) Kendle International Inc (KNDL) Leggett & Platt Inc (LEG) Lexmark International Inc (LXK) Martek Biosciences Corp (MATK) Massey Energy Company (MEE) Planar Systems Inc (PLNR) Rofin-Sinar Technologies (RSTI) Shinhan Financial Group Co Ltd (SHG) Skilled Healthcare Group Inc (SKH) St. Jude Medical Inc (STJ) Telemig Celular Participacoes SA (TMB) Tetra Tech Inc (TTEK) Tredegar Corporation (TG) Valmont Industries ...

Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

Aeropostale Inc (ARO) AMCOL International Corp (ACO) Atlas Pipeline Partners LP (APL) Babcock & Brown Air Ltd (FLY) Bank of Marin Bancorp (BMRC) Comverse Technology Inc (CMVT) Covidien Ltd (COV) Einstein Noah Restaurant Group Inc (BAGL) Gushan Environmental Energy Ltd (GU) Hewitt Associates Inc (HEW) Hutchison Whampoa Ltd (HUWHY) ICON plc (ICLR) Kendle International Inc (KNDL) Leggett & Platt Inc (LEG) Lexmark International Inc (LXK) Martek Biosciences Corp (MATK) Massey Energy Company (MEE) Planar Systems Inc (PLNR) Rofin-Sinar Technologies (RSTI) Shinhan Financial Group Co Ltd (SHG) Skilled Healthcare Group Inc (SKH) St. Jude Medical Inc (STJ) Telemig Celular Participacoes SA (TMB) Tetra Tech Inc (TTEK) Tredegar Corporation (TG) Valmont Industries ...