Earnings Forecasts: Strong Growth Expected for Several Companies

Strong earnings growth is anticipated for Broadcom, Costco, and Hewlett Packard Enterprise. Major earnings reports are set to shape investor sentiment in the coming days.

Date: 07-03-2025

AI Rating: 6

Earnings Forecasts and Growth Prospects
The report highlights several companies set to report earnings, providing insight into potential stock price movements based on predicted earnings per share (EPS) and growth forecasts.

Broadcom Inc. (AVGO) is projected to achieve an EPS of $1.27, a significant increase of 47.67% compared to the prior year. However, it missed the consensus EPS in the previous quarter by -3.37%. The Price to Earnings (P/E) ratio indicates value at 35.61, compared to the industry standard of 138.10, signaling potential for growth.

Costco Wholesale Corporation (COST) anticipates an EPS of $4.09, marking a 10.24% increase versus last year. It has consistently beat analyst expectations in past quarters, suggesting strong market performance. Its P/E ratio of 58.11 compared to an industry average of 25.50 implies strong growth potential.

Hewlett Packard Enterprise Company (HPE) is expecting an EPS of $0.44, representing a 51.72% increase from the previous year. Its P/E ratio of 10.21 signals good valuation compared to the industry P/E of 20.70.

The Cooper Companies, Inc. (COO) forecasts an EPS of $0.92, an increase of 8.24%. The P/E ratio of 22.95 exceeding the industry ratio of 17.30 suggests that COO is likely to outperform competitors.

Guidewire Software, Inc. (GWRE) has an impressive EPS forecast of $0.15, reflecting a 275.00% increase from the previous year. Its P/E is extraordinarily high at 379.63, indicating market expectations of substantial future growth despite low relative industry standards.

Samsara Inc. (IOT) is estimating an EPS of $-0.06, with a 25.00% increase year-on-year despite negative earnings. A very low P/E ratio may indicate high volatility or risk.

Gap, Inc. (GAP) expects an EPS of $0.36, down 26.53% from last year. Despite this, it has previously exceeded EPS estimates.

MeridianLink, Inc. (MLNK) is predicting an EPS of $-0.07, an 81.58% improvement year-over-year with a negative P/E ratio, suggesting struggles in the market. Fidus Investment Corporation (FDUS) anticipates a decrease in EPS by 21.54% to $0.51.

Velocity Financial, Inc. (VEL) expects an EPS of $0.47, a modest increase of 2.17% compared to last year with its P/E of 9.85 ranking low against its industry.

Stocks: AVGO COST HPE COO GWRE IOT GAP MLNK FDUS VEL