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Earnings Reports Expected to Impact Stock Prices

Earnings forecasts are out, highlighting potential stock shifts. Constellation Brands showcases stability, while Delta Air Lines shows promise despite past surprises. Walgreens Boots Alliance raises concerns with declines ahead.

Date: 
AI Rating:   6

Earnings Per Share (EPS)
Several companies mentioned in the report have EPS forecasts that can significantly influence investor sentiment and stock prices.
- Constellation Brands Inc (STZ) anticipates an EPS of $3.34, marking a 4.70% increase from last year, which is a positive indicator for investors.
- Delta Air Lines, Inc. (DAL) expects an EPS of $1.76, reflecting a remarkable 37.50% increase compared to the same quarter last year. Although the company has had negative surprises in the prior quarters, this growth indicates potential recovery which may boost stock prices.
- TD SYNNEX Corporation (SNX) anticipates a decrease of 4.70% in EPS to $2.84, which is concerning for investors.
- Walgreens Boots Alliance, Inc. (WBA) is expected to report an EPS of $0.37, showing a significant decline of 43.94%, raising flags for its investors.
- Neogen Corporation (NEOG)'s EPS forecast remains unchanged at $0.11, implying stability but no growth.
- Tilray Brands, Inc. (TLRY) forecasts a negative EPS of -$0.04, which is outright concerning and could deeply affect stock prices adversely.
- E2open Parent Holdings, Inc. (ETWO) has a positive outlook with a forecasted EPS of $0.05 representing a 25.00% increase.
Price to Earnings Ratios
The Price to Earnings ratios for these companies also indicate their potential to outperform or underperform their industry averages:
- STZ has a P/E ratio of 15.93 vs. an industry average of 13.30, suggesting better performance relative to peers.
- DAL's P/E ratio is significantly lower at 10.08 compared to an industry ratio of 20.10, indicating possible valuation concerns.
- SNX’s P/E is 11.17 against a remarkably low industry average of 0.50, suggesting better expected growth.
- WBA’s P/E of 6.36 is close to its industry peer ratio of 6.50, indicating a competitive market position.
- NEOG’s high P/E of 25.96 indicates the potential for high growth compared to lackluster industry performance.
- TLRY's negative P/E ratio raises serious concerns regarding its future profitability.
- ETWO has a P/E ratio of 14.37 against a very high industry average of 49.30, signaling potential undervaluation.
Overall, the data indicates mixed signals for investors, with both promising and troubling earnings forecasts that could lead to varying impacts on stock prices.