Stocks

Headlines

Earnings Reports: Major Companies to Watch This March

Earnings Reports: Major Companies to Watch This March. Multiple companies are set to report earnings soon, with variances in EPS expected across sectors. Analysts predict declines for Five Below and JOYY Inc., while North American Construction Group shows growth potential.

Date: 
AI Rating:   4

Earnings Per Share (EPS)
Several companies are reporting anticipated EPS that reflect significant variances compared to previous quarters. For instance, Five Below, Inc. is expected to report an EPS of $3.38, which signifies a 7.40% decrease year-over-year. Similarly, JOYY Inc.'s forecast of $0.68 indicates a notable 26.09% decline compared to the prior year.

Another company, Worthington Steel, Inc., is predicted to have an EPS of $0.67, down 32.32% from last year. In stark contrast, North American Construction Group Ltd. is projecting an EPS increase of 7.69%, which may positively influence investor sentiment.

Profit Margins and Price to Earnings Ratios
The Price to Earnings ratio for Five Below stands at 14.96, higher than the industry average of 10.10, which could suggest a stronger expectation of earnings growth versus its competitors. JOYY Inc. achieves a PE ratio of 13.90 against an industry benchmark of 4.70, indicating substantial growth prospects. On the other hand, Worthington Steel boasts a PE ratio of 11.55, lower than its industry ratio of 16.40, which might indicate sluggish growth compared to peers.

For Capricor Therapeutics, Inc., the projected EPS of -0.31 suggests exceptionally poor performance with a staggering 1450.00% drop. The PE ratio also stands negative at -9.92 compared to the industry average of -2.60, indicating significant struggles ahead.

Investor’s Outlook
The earnings reports scheduled for release could create volatility in the respective stock prices, particularly for those showing significant declines in EPS such as Five Below, JOYY Inc., and Worthington Steel. Conversely, those with growth like North American Construction Group may see positive reactions from investors.