Earnings Reports: Mixed Results Ahead for Major Companies

Earnings forecasts show mixed results for top companies. Arista Networks and Cadence Design rise, while Occidental and others face declines, hinting at varied stock performance in upcoming reports.

Date: 19-02-2025

AI Rating: 6

Earnings Per Share (EPS)
Several companies are expected to report varying EPS figures, with insights into both increases and decreases compared to last year's performance.

- Arista Networks, Inc. (ANET): Consensus EPS forecast is $0.51, representing a positive 10.87% increase.
- Cadence Design Systems, Inc. (CDNS): Consensus EPS forecast is $1.51, indicating a strong 42.45% increase.
- Occidental Petroleum Corporation (OXY): Consensus EPS forecast is $0.67, reflecting a negative 9.46% decrease.
- EQT Corporation (EQT): Consensus EPS forecast is $0.50, showing a modest 4.17% increase.
- CoStar Group, Inc. (CSGP): Consensus EPS forecast is $0.17, revealing a concerning 41.38% decrease.
- Devon Energy Corporation (DVN): Consensus EPS forecast is $1.00, indicating a depressed 29.08% decrease.
- International Flavors & Fragrances, Inc. (IFF): Consensus EPS forecast is $0.78, showing an 8.33% improvement.
- RB Global, Inc. (RBA): Forecasted EPS is $0.53, reflecting a notable 29.27% increase.
- Toll Brothers, Inc. (TOL): EPS forecast of $1.99, shows a 11.56% decrease.
- Penumbra, Inc. (PEN): Expected EPS of $0.91, representing a boost of 19.74%.
- Shift4 Payments, Inc. (FOUR): With a forecast of $0.97, there's a substantial increase of 56.45%.
- Flowserve Corporation (FLS): Forecasted EPS is $0.77, with a 13.24% rise.

Summary
This report indicates that several companies are experiencing promising growth in their expected earnings, with notable increases for ANET, CDNS, RBA, and FOUR, while OXY, DVN, CSGP, and TOL are facing declines. These variances suggest a mixed sentiment that could lead to fluctuating stock prices based on investors' reactions to the earnings results.

Stocks: ANET CDNS OXY EQT CSGP DVN IFF RBA TOL PEN FOUR FLS