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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 72%

Breaking News: Markets Nouvelles

Citizens Financial Group Inc,Western Alliance Bancorp,S&P 500 Fut (Mar'23)

Bespoke Investment Group screened for companies reporting next week that have beat consensus analyst estimates at least 70% of the time.

Several regional financials set to report this week could rally after their earnings reports, according to Bespoke Investment Group. Earnings season is heating up, and investors' expectations are strong leading up to several financial reports due next week. For the third quarter, the estimated year-over-year earnings growth rate for the S & P 500 is 4.2% — which would mark the fifth straight quarter of year-over-year earnings growth for the index if it happens, according to FactSet.

14% dividend yield and low debt-to-equity ratio of 52.5%, making it an attractive play as the Federal Reserve's rate-cutting cycle kicks off. Western Alliance , another regional banking stock, has a strong earnings beat rate of 88% and average move of roughly 2.1% following earnings. It's set to report results on Oct. 17.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Red Lobster Exits Bankruptcy, Embarks on New Chapter Under Fortress Investment GroupAfter filing for Chapter 11 bankruptcy protection just four months ago, Red Lobster has successfully emerged with a reorganization plan approved by a U.S. bankruptcy judge. The casual seafood chain is now under the ownership of a lender group led by asset manager Fortress Investment Group. The company's new CEO, Damola Adamolekun, former chief executive of P.F. Chang’s, outlined plans for investment and growth.
La source: News12 - 🏆 591. / 51 Lire la suite »

Signature Plastics Acquired By Investment Group Led By Keyboard EnthusiastSignature Plastics, a US-based maker of high-end mechanical keyboard keycaps, has been acquired by a Portland-based investment group led by Will Clark, a self-proclaimed keyboard enthusiast. The acquisition aims to ensure the company's continued operation with all employees retained.
La source: verge - 🏆 94. / 67 Lire la suite »