Earnings Predictions: AutoZone and Others Prepare for Reports

A report highlights upcoming earnings reports for several companies, revealing trends in earnings per share. AutoZone is expected to see a slight increase, while Ferguson anticipates a decrease. Positive forecasts are noted for United Natural Foods and Designer Brands, which may influence stock prices.

Date: 15-12-2024

AI Rating: 6

The report details the anticipated earnings reports for various companies, which are critical for investors focusing on earnings per share (EPS) as a key performance indicator.

AutoZone, Inc. (AZO): The consensus EPS forecast is $33.54, indicating a 3.04% increase year-over-year. This positive outlook, despite a prior miss of -9.75%, suggests a recovery trajectory that may bolster investor confidence.

Ferguson Enterprises Inc. (FERG): Conversely, this company's EPS forecast shows a slight decline of 1.89%. Having also missed earnings expectations previously, the lower forecast may suggest challenges, potentially affecting its stock price negatively.

Ollie's Bargain Outlet Holdings, Inc. (OLLI): With an anticipated EPS of $0.57, reflecting a robust 11.76% increase compared to last year, OLLI's strong performance and consistent ability to meet and exceed expectations is likely to favorably impact its stock.

Academy Sports and Outdoors, Inc. (ASO): The 3.10% projected decrease in EPS to $1.25 is disappointing and could lead to downward pressure on its stock price, especially as previous expectations were not met.

United Natural Foods, Inc. (UNFI): The projected EPS of $0.01 represents an outstanding 125.00% increase year-over-year, reflecting strong performance. This is likely to attract investor interest and positively influence stock prices.

G-III Apparel Group, LTD. (GIII): The anticipated decrease in EPS by 18.71% to $2.26 signals potential weakness, even though past performance has seen them consistently beat expectations.

Johnson Outdoors Inc. (JOUT): Although negative at -0.98, the significant year-over-year improvement may intrigue investors if they interpret it as progress.

Designer Brands Inc. (DBI): An expected EPS of $0.35, indicating a 45.83% increase, presents a strong position for DBI, potentially leading to an increase in its stock value.

Vince Holding Corp. (VNCE): The projected EPS increase of 160.00% to $0.39 could attract significant investor interest, positively impacting its stock trajectory.

ImmunoPrecise Antibodies Ltd. (IPA): Although the expected EPS is negative, the growth compared to last year may be viewed positively by some investors.

Stocks: AZO FERG OLLI ASO UNFI GIII JOUT DBI VNCE IPA