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Earnings Reports Show Varied Forecasts for S&P 500 Companies

Earnings Preview: Companies set to report earnings have mixed forecasts. Marriott, GlobalFoundries, IPG Photonics, and others anticipate decreases in EPS, raising concerns about future stock performance.

Date: 
AI Rating:   4

Earnings Per Share (EPS) information is critical in determining the expected stock performance for companies reporting earnings. The report provides insights into various companies, including their expected EPS as follows:

  • Marriott International (MAR): Consensus EPS forecast is $2.38, down from $3.57 last year, a decrease of -33.33%.
  • GlobalFoundries Inc. (GFS): Consensus EPS forecast is $0.36, down from $0.55 last year, a decrease of -34.55%.
  • The Carlyle Group Inc. (CG): Consensus EPS forecast is $1.00, up from $0.86 last year, an increase of 16.28%.
  • Royalty Pharma plc (RPRX): Consensus EPS forecast is $1.09, down from $1.15 last year, a decrease of -5.22%.
  • TPG Inc. (TPG): Consensus EPS forecast is $0.52, up from $0.51 last year, an increase of 1.96%.
  • IPG Photonics Corporation (IPGP): Consensus EPS forecast is $0.20, down from $0.89 last year, a decrease of -77.53%.
  • Arvinas, Inc. (ARVN): Consensus EPS forecast is -$1.07, down from -$2.53 last year, a decrease of -57.71%.
  • Ceragon Networks Ltd. (CRNT): Consensus EPS forecast is $0.10, up from $0.03 last year, an increase of 233.33%.
  • Organigram Holdings Inc. (OGI): Consensus EPS forecast is -$0.03, down from -$0.14 last year, a decrease of -78.57%.
  • Yatra Online, Inc. (YTRA): Consensus EPS forecast is $0.02, down from -$0.01 last year, a decrease of -300.00%.
  • Orion Energy Systems, Inc. (OESX): Consensus EPS forecast is -$0.05, down from -$0.07 last year, a decrease of -28.57%.
  • AutoNation, Inc. (AN): Consensus EPS forecast is $4.26, down from $5.02 last year, a decrease of -15.14%.

In summary, companies like Marriott, GlobalFoundries, and IPG Photonics are anticipating significant declines in EPS, which may lead to a negative perception in the market. Conversely, The Carlyle Group and Ceragon Networks show positive trends, which could support their stock prices. Overall, the mixed results can create uncertainty in the market and affect investor sentiment significantly.