Earnings Forecasts: Costco Shines While Vail Resorts Struggles

A recent report highlights upcoming earnings reports for several companies, revealing strong expectations for Costco and significant declines for Vail Resorts and Scholastic. Investors should monitor these developments, as they reflect varying growth trajectories within their respective sectors.

Date: 28-09-2024

AI Rating: 5

Earnings Per Share (EPS): The report provides detailed EPS forecasts for multiple companies:

Costco Wholesale Corporation (COST): Expected EPS of $5.05, a 3.91% increase YoY, indicating solid performance compared to previous periods.
Vail Resorts, Inc. (MTN): Forecasted EPS of $-4.28, a substantial decrease of 27.76% YoY, suggesting a troubling decline in profitability.
BlackBerry Limited (BB): Anticipated EPS of $-0.04, representing a 33.33% increase YoY. However, their past performance was disappointing.
Scholastic Corporation (SCHL): Expected EPS of $-2.48, with a decrease of 12.73% YoY, indicating weaker performance.

Price to Earnings (P/E) Ratios: The report includes insights on P/E ratios:

Costco (COST): P/E ratio of 56.71 compared to the industry's 24.20, signaling higher growth expectations.
Vail Resorts (MTN): P/E ratio of 28.38, much more favorable than its industry's -45.10.
BlackBerry (BB): P/E ratio of -26.56, strikingly low compared to the industry average of 32.60.
Scholastic (SCHL): P/E ratio of 24.12, slightly higher than the industry norm of 23.20.

Impact on Stock Prices: Investors should consider Costco's optimistic EPS forecast and strong P/E ratio as potential price drivers. Conversely, Vail Resorts' significantly negative EPS forecast and their struggling profitability may lead to declining stock performance. BlackBerry's mixed signals suggest caution, while Scholastic’s decline in EPS may deter investor confidence.

Stocks: COST MTN BB SCHL