Diverse Earnings Forecasts Expected on 11/07/2024

A detailed report reveals the earnings expectations for multiple companies ahead of their upcoming reports on 11/07/2024. Key metrics including earnings per share and year-over-year changes will likely influence stock performance.

Date: 10-11-2024

AI Rating: 5

The report provides insights into the earnings per share (EPS) forecasts for various companies ahead of their earnings announcements on November 7, 2024. Notably, the EPS metrics are critical for investors as they indicate the expected profitability of these firms, which directly influences their stock prices.

Duke Energy Corporation (DUK) is projected to report an EPS of $1.73, reflecting a 10.82% decrease from the same quarter last year. This negative forecast could exert downward pressure on its stock, given the recent trend of missing consensus estimates.

Transdigm Group Incorporated (TDG) is expected to report an EPS of $8.64, a 12.65% increase compared to last year. This positive outlook, coupled with its history of beating estimates, may bolster investor confidence and drive stock prices higher.

Becton, Dickinson and Company (BDX) anticipates an EPS of $3.77, indicating a 10.23% increase year-over-year. This growth, along with a favorable P/E ratio compared to the industry, may enhance its stock appeal.

Air Products and Chemicals, Inc. (APD) projects an EPS of $3.44, up 9.21% from last year. However, the recent miss in prior earnings may temper investor enthusiasm.

TC Energy Corporation (TRP) forecasts an EPS of $0.70, down 6.67% year-over-year. Despite past performance of beating expectations, this negative change could weigh down its stock price in the short term.

Kenvue Inc. (KVUE) expects an EPS of $0.27, which shows a decrease of 12.90% compared to last year, potentially alarming investors.

Pacific Gas & Electric Co. (PCG) is projecting an increase in EPS by 33.33% to $0.32, which might positively impact its stock, especially after previously missing estimates.

Vistra Corp. (VST) expects an EPS drop of 0.80% year-over-year. This could be disappointing to investors considering the P/E ratio favorability.

Datadog, Inc. (DDOG) estimates an EPS of $0.08, reflecting a 14.29% increase, which continues its strong performance trend, likely resulting in positive stock movement.

Barrick Gold Corporation (GOLD) expects a substantial EPS increase of 37.50%, which may significantly uplift investor sentiment and drive stock prices upward.

Rockwell Automation, Inc. (ROK) forecasts a dramatic 34.07% decrease in EPS, which is likely to have a negative impact on its share value.

Hershey Company (HSY) estimates an EPS of $2.50, reflecting a 3.85% decrease. Similar to other companies, this drop may raise some eyebrows among investors.

Stocks: DUK TDG BDX APD TRP KVUE PCG VST DDOG GOLD ROK HSY