Earnings Forecasts Revealed for Multiple S&P 500 Companies

Earnings forecasts suggest varied performance across companies. Dollar Tree and Dick's Sporting Goods expect significant gains, while Ciena and Daktronics anticipate declines. Investor sentiment may fluctuate based on these insights.

Date: 07-09-2024

AI Rating: 5

Investor Analysis of Upcoming Earnings Reports

The text outlines upcoming earnings reports for various companies, featuring key details such as Expected Earnings Per Share (EPS), revenue growth trends, and Price to Earnings (P/E) ratios. Such information is crucial for investors as it may influence stock prices significantly.

Dollar Tree, Inc. (DLTR)

Expected EPS: $1.03 (13.19% increase from last year). P/E Ratio: 13.08 vs. Industry 23.90.

This positive EPS forecast indicates strong performance, making DLTR attractive for investors.

Hormel Foods Corporation (HRL)

Expected EPS: $0.36 (10.00% decrease from last year). P/E Ratio: 20.34 vs. Industry 16.30.

The anticipated decline in EPS may lead to negative sentiment towards HRL.

Dick's Sporting Goods Inc (DKS)

Expected EPS: $3.77 (33.69% increase from last year). P/E Ratio: 17.17 vs. Industry 10.70.

With a significant increase in EPS, DKS is likely to attract investor interest.

Core & Main, Inc. (CNM)

Expected EPS: $0.73 (10.61% increase from last year). P/E Ratio: 20.70 vs. Industry 4.20.

This growth in EPS indicates positive momentum for CNM.

Ciena Corporation (CIEN)

Expected EPS: $0.06 (83.33% decrease from last year). P/E Ratio: 50.13 vs. Industry 50.20.

The substantial decline in EPS may lead to negative impacts on CIEN’s stock price.

REV Group, Inc. (REVG)

Expected EPS: $0.41 (32.26% increase from last year). P/E Ratio: 21.96 vs. Industry 18.20.

Positive EPS growth suggests favorable investor perception for REVG.

Torrid Holdings Inc. (CURV)

Expected EPS: $0.07 (16.67% increase from last year). P/E Ratio: 36.67 vs. Industry 0.70.

CURV’s increase in EPS is likely to support its stock value.

Daktronics, Inc. (DAKT)

Expected EPS: $0.30 (52.38% decrease from last year). P/E Ratio: 12.79 vs. Industry 19.70.

The drop in EPS could lead to reduced investor enthusiasm for DAKT.

America's Car-Mart, Inc. (CRMT)

Expected EPS: $0.57 (9.52% decrease from last year). P/E Ratio: 31.36 vs. Industry 14.40.

A slight drop in EPS might have a neutral impact on CRMT's market performance.

J. Jill, Inc. (JILL)

Expected EPS: $0.94 (14.55% decrease from last year). P/E Ratio: 9.29 vs. Industry 0.70.

Despite lower EPS predictions, JILL’s lower P/E may position it favorably compared to peers.

KNOT Offshore Partners LP (KNOP)

Expected EPS: $-0.13 (148.15% decrease from last year). P/E Ratio: -100.43 vs. Industry 5.30.

The significant EPS drop is alarming and may heavily affect KNOP’s stock negatively.

Overall Investor Sentiment

The upcoming earnings reports demonstrate a mixed outlook, with several companies forecasting increases in EPS while others anticipate declines. This variability can lead to fluctuations in stock prices based on investor reactions to the expected results.

Stocks: DLTR HRL DKS CNM CIEN REVG CURV DAKT CRMT JILL KNOP