These stocks reporting earnings in the week ahead have a track record of beating expectations and trading higher

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

These stocks reporting earnings in the week ahead tend to beat estimates and trade higher

Investors looking to play stocks around corporate earnings reports are generally looking for companies that have a solid track record of beating expectations and seeing shares rise on results. Halfway through the third-quarter earnings season, the record has been mixed. Of the 53% of S & P 500 companies that have reported results so far, 73% have exceeded expectations and 5% have matched them, according to a report from The Earnings Scout.

However, the trucking logistics company also said it expected earnings before interest, taxes, depreciation and amortization to be higher than analysts expect. NXP Semiconductors will report its earnings on Monday after market close. The company has a solid track record of beating earnings and sales expectations, which it's done 64% and 79% of the time, according to Bespoke. Its average one-day gain is slightly more than 1%. Estee Lauder , the beauty company, reports on Tuesday.

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 NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Lmao u silly ligma’s

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines