While this earnings season is shaping up to be a strong one, the sell-offs for companies falling short of expectations have been particularly brutal. To help investors avoid this scenario,
Pro has identified stocks that investors should beware of due to estimates being significantly lowered ahead of the reports. More than 60% of S & P 500 -listed corporations have already posted financial results as of Wednesday afternoon, according to FactSet. Of those that are done reporting, more than 3 out of every 4 have exceeded Wall Street's expectations.
Pro searched S & P 500 companies reporting next week that have seen the biggest drops to the value of the average analyst earnings estimate over the past three months. Pro also included data on the six-month change to estimates, as well as any moves to the average price target over the past three months, for awareness. Here are the 10 that have seen per-share earnings predictions ratcheted down the most: Analysts have grown bearish on NRG Energy . The energy company has seen some of the biggest cuts to its average earnings per share estimates from analysts, down about 50% from three months ago. That is a worrisome sign after a period of strong performance.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Källa: CNBC - 🏆 12. / 72 Läs mer »
Källa: Investingcom - 🏆 450. / 53 Läs mer »
Källa: DailyFX - 🏆 305. / 63 Läs mer »
Källa: StyleCaster - 🏆 104. / 63 Läs mer »