Earnings Forecasts Show Mixed Results for S&P 500 Companies

Earnings forecasts reveal varied performance among S&P 500 companies. Medtronic, Entergy, and others show potential growth, while Baidu and Genuine Parts face declines, affecting investor sentiment ahead of earnings releases.

Date: 15-02-2025

AI Rating: 6

Overview of Earnings Per Share (EPS)
Various companies are set to report earnings, with forecasts showing a mix of growth and declines.

Medtronic plc (MDT) has a consensus EPS of $1.36, representing a 4.62% increase year-over-year. The company has consistently beat expectations, enhancing its outlook as indicated by a 2025 Price to Earnings (P/E) ratio of 16.92, significantly higher than its industry average of 6.90.

Entergy Corporation (ETR) shows a strong forecast with an EPS of $0.65, a remarkable increase of 150.00% compared to the previous year. The P/E ratio of 22.93 also indicates robust earnings growth potential compared to its industry peers.

Vulcan Materials Company (VMC)'s EPS forecast is $1.76, reflecting a 20.55% increase from last year. However, past earnings surprises have been negative, which could undermine investor confidence despite the positive growth outlook derived from its P/E ratio of 37.62, which is above the industry average.

Baidu, Inc. (BIDU)'s EPS forecast is $1.27, but this reflects a 48.79% decrease compared to last year. Despite previously beating expectations, the significant drop may negatively impact stock performance moving forward, particularly with a P/E ratio of 12.18, slightly better than its industry's negative average.

Genuine Parts Company (GPC) anticipates an EPS of $1.54, which is a 31.86% decrease year-over-year, compounded by missed earnings in recent quarters. The prevailing P/E ratio of 15.43 offers some optimism but is overshadowed by the negative trends.

Watsco, Inc. (WSO) forecasts an EPS of $2.13, showing a modest increase of 3.40%, alongside a favorable P/E ratio of 36.57, indicating strong potential against industry competition.

Expeditors International of Washington, Inc. (EXPD) expects an EPS of $1.43, reflecting a 31.19% increase year-over-year, which may encourage investors despite a recent misstep in earnings expectations.

Allegion plc (ALLE) is forecasting $1.74 for EPS, a 3.57% increase, supported by its consistent earnings surprises in the previous year.

Fluor Corporation (FLR) predicts an EPS of $0.78, marking a 14.71% increase, though its competitiveness in the sector is questionable with a P/E ratio of 17.15.

Valmont Industries, Inc. (VMI) expects an EPS of $3.66, reflecting a 15.09% increase and consistently beating prior expectations, indicative of robust growth potential.

Axsome Therapeutics, Inc. (AXSM) has a negative EPS forecast of $-0.90, marking a 23.29% decrease, which raises concerns among investors. Its P/E ratio of -28.69 further compounds these worries.

Franklin Electric Co., Inc. (FELE) shows an EPS of $0.69, down 15.85% from last year, with a higher P/E ratio of 26.40 indicating that optimism is tempered by declining earnings.

Stocks: MDT ETR VMC BIDU GPC WSO EXPD ALLE FLR VMI AXSM FELE