News Formal

Analysts are excited about these corporate earnings reports coming next week

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

Investment Strategy Nyheter

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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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