Analysts see stocks like PayPal and Apple emerging from earnings season with more upside

  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Your weekend brief: Analysts see stocks like PayPal and Apple emerging from earnings season with more upside

Despite the coronavirus pandemic and economic uncertainty, some companies are leaving earnings season in even better shape, Wall Street analysts said this week.

In fact, the percentage of S&P 500 companies beating EPS estimates has "held up" through the season, according to JPMorgan. "At 84%, this marks the highest level of beats in at least the last 10 years," the firm said. CNBC Pro looked through recent Wall Street research to find companies that analysts say are well positioned exiting the quarter.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PayPal parts with top advertising exec after one year - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Nintendo shares jump after blockbuster earnings; analysts are divided on its outlookJapanese video game maker Nintendo on Thursday reported a multi-fold increase in quarterly profit on the back of strong demand for its flagship Switch console as well as the runaway success of social simulation game 'Animal Crossing: New Horizons.' We should bring back Nintendo .
Source: CNBC - 🏆 12. / 72 Read more »

Wall Street impressed by space stock Maxar's latest earnings, which cleared 'a high bar'New for subscribers: Wall Street impressed by space stock Maxar's latest earnings, which cleared 'a high bar' Check out CNBCPro for a free trial.
Source: CNBC - 🏆 12. / 72 Read more »

European stocks seen lower with tech under pressure after Trump issues ban on TikTok and WeChatEuropean stocks are set to open lower on Friday ahead of new trade data and amid tensions in the tech sector. It’s all CCP’s tricks; CCP must be sanctioned, otherwise the world is a terrorist attack!!!ACTION! ACTION! ACTION!!!SOS
Source: CNBC - 🏆 12. / 72 Read more »