These stocks reporting next week have a history of beating earnings expectations

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Investors looking for ways to play the next batch of earnings may want to look at names with a history of outperforming expectations.

Investors looking for ways to play the next batch of earnings may want to look at names with a history of outperforming expectations — and tend to rise on the back of those results. This week has seen a swath of tech companies beat expectations, including Microsoft , Amazon and Google-parent Alphabet , despite concerns over slower ad spending on the platforms. Other companies, including industrial giant Honeywell, have also posted strong results.

mountain Shares of Garmin have gained more than 16% over a five-year period on earnings day. Shares of NXP Semiconductors are up 2.6% so far this year. The company beats earnings expectations by 3.58% over a five-year period, while beating overall 85% of the time over the same timespan. NXP will report quarterly results on May 1. Motorola stock has added 12.8% so far this year. The company also has an unblemished record over the past five years, beating earnings expectations 100% of the time.

 

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.

Wall Street investors recession bet may cause bond, stock market crashInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market news: Investors eye Big Tech earnings, US GDP growthUS stocks rise as Big Tech earnings stay strong and US GDP growth slows
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock futures falls slightly as investors digest Amazon, Intel earningsInvestors digested the latest round of corporate earnings, including Amazon's.
Source: CNBC - 🏆 12. / 72 Read more »

Benchmark upgrades Intel, says investors should get constructive on chip stock after earningsIntel beat on the top and bottom lines in its first quarter, and also posted its largest-ever quarterly loss.
Source: CNBC - 🏆 12. / 72 Read more »