Analysts are excited about these corporate earnings reports coming next week

📆 19/10/2024 7:09 a. m.
📰 CNBC

⏱ Reading Time:
19 sec. here
10 min. at publisher
📊 Quality Score:
News: 39%
Publisher: 72%

Investment Strategy Noticias

Stock Markets,Seagate Technology Holdings PLC,HCA Holdings Inc

CNBC Pro screened FactSet data for well-liked companies where analysts have raised earnings estimates by at least 5% in the past three and six months.

Several companies due to report next week could get a boost after their earnings results. Third-quarter earnings are largely exceeding analysts' expectations. So far, of the 14% of companies in the S & P 500 index reporting results, 79% have reported a positive earnings surprise and 64% have posted a positive revenue surprise, according to FactSet data. Another 22% of S & P 500 companies are expected to post financial results next week.

"We believe the Street is fundamentally mis-modeling gross margins, and see a path to 37% gross margins exiting FY25," Woodring wrote. "We believe strength in gross margins will be the key to driving EPS upside in the Sept. and Dec. quarters." The data storage company is scheduled to report earnings on Tuesday after the stock market closes.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Escribir Comentario

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Investors can depend on these frightless five stocks during a scary October for marketsCNBC PRO screened for historically stable stocks for a volatile October.
Fuente: CNBC - 🏆 12. / 72 Leer más »