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Earnings Reports Expected: Mixed Forecasts for Companies

Earnings Reports Expected: Mixed Forecasts for Companies. Various companies are set to unveil their earnings, with Diamondback Energy and Trip.com predicting significant declines in EPS compared to last year. These results can influence stock prices significantly due to investor sentiment.

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AI Rating:   4
Earnings Per Share (EPS)
Several companies are reporting earnings after hours with notable forecasts impacting stock performance. Diamondback Energy (FANG) is expected to report an EPS of $3.26, down -31.22% from $4.74 during the same quarter last year. Trip.com (TCOM) shows a consensus EPS of $0.41, representing a decrease of -14.58% from $0.48 a year prior. SBA Communications (SBAC) anticipates an EPS of $3.20, reflecting a decrease of -5.04% from $3.37 in the same quarter last year. Zoom Communications (ZM) expects an EPS of $0.66, marking a -13.16% fall from $0.76 from the previous year. Viper Energy (VNOM) projects an EPS of $0.41, down -38.81% from $0.67 last year. Riot Platforms (RIOT) foresees an EPS of -$0.27, a stark decrease of -156.25% compared to $0.48 last year, indicating severe negative performance. Veracyte (VCYT) predicts an EPS of $0.17, a significant drop from -$0.04 the previous year, marking a -525.00% decrease. Goosehead Insurance (GSHD) forecasts an EPS of $0.19, up 35.71% from $0.14, indicating growth amidst the generally negative outlook. Ziff Davis (ZD) anticipates an EPS of $2.38, an increase of 8.68% from $2.19 last year. Addus HomeCare (ADUS) expects an EPS of $1.22, slightly better at 0.83% growth from last year’s $1.21. Ultra Clean Holdings (UCTT) shows a promising EPS forecast of $0.37, reflecting a significant increase of 208.33% from the previous year’s $0.12. Myriad Genetics (MYGN) estimates an EPS forecast of -$0.05, down -28.57% from -$0.07 a year ago.

**Rating Summary**
The EPS expectations are worrying for many companies listed, with several showing significant declines and only a few demonstrating slight increases. This indicates a mixed to negative sentiment among investors ahead of earnings announcements. The upcoming reports may lead to stock price volatility based on these forecasts.