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Earnings Forecast: Mixed Results Ahead for Major Companies

Earnings Forecast Shows Upbeat and Downbeat Predictions. Companies like CME Group Inc. and Dominion Energy are expected to show significant earnings growth, while CVS Health Corporation faces a drastic decline in earnings per share. Market reactions may vary significantly as these reports unfold.

Date: 
AI Rating:   5

Earnings Per Share (EPS)
The report provides various forecasts for earnings per share across multiple companies. Notable mentions include:

  • CME Group Inc. (CME) has a consensus EPS forecast of $2.44, representing a 2.95% increase year-over-year.
  • CVS Health Corporation (CVS) faces a significant decrease with a forecast of $0.89, indicating a 58.02% decline compared to the previous year.
  • Vertiv Holdings, LLC (VRT) expects a 50.00% jump in EPS to $0.84.
  • Dominion Energy, Inc. (D) anticipates a remarkable increase of 86.21% in EPS to $0.54.
  • Exelon Corporation (EXC) shows a slight decrease of 1.67%, with a forecast of $0.59.
  • Westinghouse Air Brake Technologies Corporation (WAB) predicts a growth of 12.34% to $1.73.
  • The Kraft Heinz Company (KHC) expects no change with an EPS forecast of $0.78.
  • Martin Marietta Materials, Inc. (MLM) anticipates a minor decrease of 0.65% with a forecast of $4.60.
  • Barrick Gold Corporation (GOLD) is projecting a significant 51.85% increase to $0.41.
  • Waters Corporation (WAT) estimates an 11.05% increase in EPS to $4.02.
  • Brookfield Asset Management (BAM) forecast an 8.33% increase to $0.39.
  • Restaurant Brands International Inc. (QSR) expects a 5.33% increase, reaching $0.79.

The mixed results highlight that while some companies are expected to exceed their previous performance, others are likely to report disappointing figures. The significant decrease in CVS’s EPS is particularly alarming and may lead to negative market sentiment towards its stock price, potentially influencing investor decisions.