The following companies are expected to report earnings prior to market open on 02/05/2024. Visit our Earnings Calendar for a full list of expected earnings releases.
McDonald's Corporation (MCD)is reporting for the quarter ending December 31, 2023. The restaurant company's consensus earnings per share forecast from the 13 analysts that follow the stock is $2.81. This value represents a 8.49% increase compared to the same quarter last year. In the past year MCD has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 6.33%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for MCD is 25.26 vs. an industry ratio of 42.90.
Caterpillar, Inc. (CAT)is reporting for the quarter ending December 31, 2023. The machinery company's consensus earnings per share forecast from the 13 analysts that follow the stock is $4.76. This value represents a 23.32% increase compared to the same quarter last year. CAT missed the consensus earnings per share in the 4th calendar quarter of 2022 by -2.28%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for CAT is 14.94 vs. an industry ratio of 11.40, implying that they will have a higher earnings growth than their competitors in the same industry.
Air Products and Chemicals, Inc. (APD)is reporting for the quarter ending December 31, 2023. The chemical company's consensus earnings per share forecast from the 7 analysts that follow the stock is $2.99. This value represents a 13.26% increase compared to the same quarter last year. APD missed the consensus earnings per share in the 4th calendar quarter of 2022 by -3.3%. Zacks Investment Research reports that the 2024 Price to Earnings ratio for APD is 19.97 vs. an industry ratio of 16.80, implying that they will have a higher earnings growth than their competitors in the same industry.
IDEXX Laboratories, Inc. (IDXX)is reporting for the quarter ending December 31, 2023. The medical instruments company's consensus earnings per share forecast from the 6 analysts that follow the stock is $2.12. This value represents a 3.41% increase compared to the same quarter last year. In the past year IDXX has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 6.75%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for IDXX is 53.42 vs. an industry ratio of 9.60, implying that they will have a higher earnings growth than their competitors in the same industry.
Estee Lauder Companies, Inc. (EL)is reporting for the quarter ending December 31, 2023. The cosmetic & toiletries company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.55. This value represents a 64.29% decrease compared to the same quarter last year. EL missed the consensus earnings per share in the 1st calendar quarter of 2023 by -4.08%. Zacks Investment Research reports that the 2024 Price to Earnings ratio for EL is 58.57 vs. an industry ratio of 42.00, implying that they will have a higher earnings growth than their competitors in the same industry.
ON Semiconductor Corporation (ON)is reporting for the quarter ending December 31, 2023. The semiconductor company's consensus earnings per share forecast from the 15 analysts that follow the stock is $1.21. This value represents a 8.33% decrease compared to the same quarter last year. In the past year ON has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 2.96%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for ON is 13.68 vs. an industry ratio of 24.30.
Tyson Foods, Inc. (TSN)is reporting for the quarter ending December 31, 2023. The meat product company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.42. This value represents a 50.59% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2024 Price to Earnings ratio for TSN is 29.04 vs. an industry ratio of 11.40, implying that they will have a higher earnings growth than their competitors in the same industry.
CNA Financial Corporation (CNA)is reporting for the quarter ending December 31, 2023. The insurance (property & casualty) company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.04. This value represents a 2.97% increase compared to the same quarter last year. CNA missed the consensus earnings per share in the 1st calendar quarter of 2023 by -0.83%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for CNA is 9.81 vs. an industry ratio of -4.10, implying that they will have a higher earnings growth than their competitors in the same industry.
Timken Company (TKR)is reporting for the quarter ending December 31, 2023. The metal processing & fabrication company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.23. This value represents a 0.82% increase compared to the same quarter last year. The last two quarters TKR had negative earnings surprises; the latest report they missed by -3.13%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for TKR is 12.34 vs. an industry ratio of 9.80, implying that they will have a higher earnings growth than their competitors in the same industry.
Affiliated Managers Group, Inc. (AMG)is reporting for the quarter ending December 31, 2023. The finance/investment management company's consensus earnings per share forecast from the 5 analysts that follow the stock is $6.00. This value represents a 17.58% decrease compared to the same quarter last year. In the past year AMG has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 7.94%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for AMG is 8.09 vs. an industry ratio of 13.40.
Allegiant Travel Company (ALGT)is reporting for the quarter ending December 31, 2023. The airline company's consensus earnings per share forecast from the 5 analysts that follow the stock is $-0.67. This value represents a 121.14% decrease compared to the same quarter last year. ALGT missed the consensus earnings per share in the 3rd calendar quarter of 2023 by -30.77%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for ALGT is 12.22 vs. an industry ratio of 3.80, implying that they will have a higher earnings growth than their competitors in the same industry.
NAPCO Security Technologies, Inc. (NSSC)is reporting for the quarter ending December 31, 2023. The protection safety company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.26. This value represents a 13.04% increase compared to the same quarter last year. In the past year NSSC has met analyst expectations once and beat the expectations the other three quarters. The "days to cover" for this stock exceeds 11 days. Zacks Investment Research reports that the 2024 Price to Earnings ratio for NSSC is 31.85 vs. an industry ratio of 22.60, implying that they will have a higher earnings growth than their competitors in the same industry.
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