A large group of stocks are reporting earnings next week — and some could be in for notable moves if history repeats itself. More than 150 companies in the S & P 500 will release financial reports next week, according to FactSet. It comes during what's shaping up to be a strong earnings season, with nearly four out of five companies that have reported exceeding Wall Street expectations.
The restaurant chain has topped forecasts for per-share earnings 77% of the time, with an average advance following earnings of 3.75%. The Texas-based company's stock has surged more than 44% in 2024, adding to last year's 86% gain. But Wall Street anticipates shares pulling back by a little over 4% in the next 12 months, according to LSEG.
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