Earnings Reports Preview: Stocks Set for Post-Market Moves

The report highlights multiple companies scheduled to release their earnings, with varying forecasts. Synopsys shows growth potential, while others like Five Below and Ooma face notable declines. Investors should prepare for potential stock volatility based on these earnings outcomes.

Date: 08-12-2024

AI Rating: 5

The report details expected earnings from various companies, providing insights into their projected earnings per share (EPS) and how they compare to previous quarters. Key highlights include:

Synopsys, Inc. (SNPS): The company anticipates an EPS of $2.41, reflecting a 6.64% increase from last year. This consistent performance and significant EPS forecast suggest positive investor sentiment. Rating: 7
SentinelOne, Inc. (S): Expected EPS of -$0.18 indicates a 14.29% increase. However, its negative EPS still reflects a challenging environment, leading to a mixed outlook. Rating: 5
PVH Corp. (PVH): Forecasted EPS of $2.61 shows a decrease of 10.00%, which is concerning given prior performance. Rating: 4
Five Below, Inc. (FIVE): A projected EPS of $0.16 signifies a substantial 38.46% drop. This alarming decline may trigger negative investor reactions. Rating: 3
AeroVironment, Inc. (AVAV): An expected EPS of $0.66 indicates a 31.96% decrease, posing a potential red flag for investors. Rating: 4
nCino, Inc. (NCNO): A flat forecast EPS of $0.01 suggests stagnation without growth. Rating: 6
American Eagle Outfitters, Inc. (AEO): With an expected EPS of $0.46, representing a 6.12% decrease, the showing is disappointing compared to market expectations. Rating: 5
Greif, Inc. (GEF): EPS forecast of $1.08 marks a significant 30.77% decrease, raising concerns for stakeholders. Rating: 4
Verint Systems Inc. (VRNT): Projected EPS at $0.21 shows a 47.50% decline from last year, which is very detrimental. Rating: 3
Sprinklr, Inc. (CXM): Forecast EPS of $0.02 indicates a notable 66.67% decrease, reflecting serious issues within the company. Rating: 3
ChargePoint Holdings, Inc. (CHPT): The expected EPS of -$0.13 shows a 65.79% increase from previous lows, yet still negative raises caution among investors. Rating: 5
Ooma, Inc. (OOMA): A forecast EPS of -$0.01 represents a drastic 200.00% decrease, indicating severe struggles. Rating: 3

Overall, the upcoming earnings reports present a mixed outlook for these companies, emphasizing the need for investors to stay vigilant and prepared for potential stock volatility.

Stocks: SNPS S PVH FIVE AVAV NCNO AEO GEF VRNT CXM CHPT OOMA