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Earnings Reports Preview: Mixed Forecasts for Key Firms

Earnings Reports Preview: Investors brace for varied results as companies like Kinder Morgan and Discover Financial Services report strong EPS growth, while Steel Dynamics faces a significant decline. Market sentiments may shift based on these outcomes.

Date: 
AI Rating:   5

Earnings Per Share (EPS)
Numerous companies are projected to report their earnings per share, with varied forecasts:

  • Kinder Morgan, Inc. (KMI): Expected EPS of $0.33, a 17.86% increase year-over-year.
  • Discover Financial Services (DFS): Expected EPS of $3.17, a remarkable 105.84% rise compared to last year.
  • Steel Dynamics, Inc. (STLD): Expected EPS of $1.28, marking a 50.96% decrease year-over-year.
  • CACI International, Inc. (CACI): Expected EPS of $5.17, indicating an 18.58% increase compared to last year.
  • Alcoa Corporation (AA): Projected EPS of $0.91, representing a staggering 262.50% increase year-over-year.
  • Knight Transportation, Inc. (KNX): Expected to report an EPS of $0.33, a 266.67% increase compared to last year.
  • RLI Corp. (RLI): Projected EPS of $0.48, a 37.66% decrease year-over-year.
  • Cadence Bank (CADE): Expected EPS of $0.68, indicating a 70.00% increase compared to last year.
  • Hexcel Corporation (HXL): Projected EPS of $0.51, an 18.60% increase over last year.
  • Plexus Corp. (PLXS): Expected EPS of $1.46, a 40.38% increase year-over-year.
  • SL Green Realty Corp (SLG): Projected EPS of $1.53, indicating a 112.50% increase compared to last year.
  • Cathay General Bancorp (CATY): Expected EPS of $1.11, marking an 11.20% decline compared to the same quarter last year.

Rating Analysis
Positive expectations are primarily seen in companies such as Discover Financial Services and Alcoa, showing remarkable EPS growth. Conversely, companies like Steel Dynamics and RLI exhibit concerning declines. This mixed bag of forecasts indicates potential volatility in stock prices across different sectors.