Earnings Forecasts: Impact on Intuit, Workday, and More

Earnings expectations are set for multiple companies, with notable increases projected for Workday and CAVA Group. Conversely, Intuit and Axon Enterprise face declines, potentially impacting investor sentiment.

Date: 26-02-2025

AI Rating: 5

Earnings Per Share (EPS)
Several companies have released their consensus earnings per share forecasts for upcoming quarters. Notably, Intuit Inc. (INTU) is projected to report an EPS of $1.27, representing a 3.05% decrease compared to last year. While they have consistently beaten expectations in the past, this decline could signal potential struggles for future performance.

In stark contrast, Workday, Inc. (WDAY) anticipates an impressive EPS of $0.58, reflecting a 176.19% increase compared to the same quarter last year. This substantial growth may positively influence investor sentiment and drive stock prices higher. Additionally, CAVA Group, Inc. (CAVA) expects an EPS of $0.06, demonstrating a remarkable 200% increase year-over-year, which is likely to attract investor interest and could result in a price jump.

Alcon Inc. (ALC) forecasts an EPS of $0.70, indicating no change from last year. Despite meeting expectations largely, this stagnant outlook may leave investors cautious. Similarly, Coupang, Inc. (CPNG) shows a concerning forecast of $0.00, representing a 100% decrease, which could negatively impact its stock values further due to past performance miss.

Axon Enterprise, Inc. (AXON) expects an EPS of $0.38, a significant 50.65% decrease, possibly leading to bearish reception among investors. Conversely, Extra Space Storage Inc (EXR) anticipates $2.02 with no change, which could maintain its current stock price level.

Other mentions include Keysight Technologies Inc. (KEYS) which expects an EPS of $1.49 reflecting an 11.19% increase, and First Solar, Inc. (FSLR) with an impressive 42.77% increase at $4.64, which showcases strong growth in the solar sector. This information could drive positive sentiments surrounding these stocks, fostering potential upward movement in prices. Lastly, Vaxcyte, Inc. (PCVX) forecasts a loss with an EPS of -1.32, marking a significant potential hit to investor confidence.

Stocks: INTU WDAY ALC CPNG AXON EXR KEYS FSLR CAVA PCVX PR