Earnings Forecasts Set for Adobe, Nordson, and Oxford Industries

Investors are closely watching Adobe, Nordson, and Oxford Industries as earnings reports approach. Adobe's EPS forecast shows a positive trend, while Nordson also anticipates growth. Conversely, Oxford Industries expects a significant decline in earnings.

Date: 15-12-2024

AI Rating: 6

Earnings Per Share (EPS)

Adobe Inc. (ADBE) has a consensus forecast EPS of $3.77 for the quarter ending November 30, 2024, reflecting a 7.10% increase from the same period last year, which indicates a positive outlook.
Nordson Corporation (NDSN) is expecting an EPS of $2.59 for the quarter ending October 31, 2024, a 5.28% increase compared to the previous year. Furthermore, NDSN has consistently beaten expectations.
In stark contrast, Oxford Industries, Inc. (OXM) forecasts an EPS of only $0.11, representing a worrying 89.11% decline from last year, suggesting significant performance issues.

Price to Earnings (P/E) Ratio

Zacks Investment Research indicates that Adobe's 2024 P/E ratio is 36.91, higher than the industry average of 32.30, suggesting Adobe's expected earnings growth will outpace its competitors.
Nordson’s 2024 P/E ratio stands at 26.48 compared to an industry ratio of 24.50, which also implies an expected earnings growth advantage over the industry.
However, Oxford's P/E ratio of 11.63 versus an industry ratio of 20.90 indicates potential struggles ahead, as it is significantly lower than its peers.

Stocks: ADBE NDSN OXM