S&P 500 Companies Anticipate Mixed Earnings Reports

S&P 500 Companies Set to Report Earnings. GE and Elevance Health show declining EPS while Union Pacific and Northern Trust report gains, indicating mixed results across sectors.

Date: 23-01-2025

AI Rating: 5

Earnings Per Share (EPS)

Several companies have provided their consensus earnings per share forecasts, which reflect their expected financial performance:

GE Aerospace (GE): Expected EPS is $1.02, a decrease of 0.97% compared to the previous year.
Union Pacific Corporation (UNP): Expected EPS is $2.78, an increase of 2.58% compared to last year.
Elevance Health, Inc. (ELV): Expected EPS is $3.82, reflecting a significant decrease of 32.03% from the same quarter last year.
Freeport-McMoran, Inc. (FCX): Expected EPS is $0.25, a decrease of 7.41% year-over-year.
Northern Trust Corporation (NTRS): Expected EPS is $2.02, an increase of 38.36% compared to the previous year.
McCormick & Company, Incorporated (MKC): Expected EPS is $0.77, reflecting a decrease of 9.41% year-over-year.
American Airlines Group, Inc. (AAL): Expected EPS is $0.64, a notable increase of 120.69% from the same quarter last year.
Old Republic International Corporation (ORI): Expected EPS is $0.67, a decrease of 2.90% from last year.
Alaska Air Group, Inc. (ALK): Expected EPS is $0.47, reflecting a 56.67% increase compared to the same quarter last year.
MakeMyTrip Limited (MMYT): Expected EPS is $0.36, representing a 28.57% increase compared to the previous year.
Valley National Bancorp (VLY): Expected EPS is $0.14, a considerable decrease of 36.36% from last year.
TAL Education Group (TAL): Expected EPS is $0.00, indicating a 100% increase compared to last year.

Conclusion

The variability in EPS forecasts indicates a mixed outlook for the stock prices of these companies. Positive changes in EPS for Union Pacific, Northern Trust, American Airlines, Alaska Air, and MakeMyTrip can lead to bullish market sentiment, while the declines reported by GE, Elevance Health, Freeport-McMoran, McCormick, Old Republic, and Valley National may create bearish pressure.

Stocks: GE UNP ELV FCX NTRS MKC AAL ORI ALK MMYT VLY TAL