Welcome to Extreme Investor Network, where we bring you the latest insights and strategies in the world of investing. Today, we are diving into the upcoming earnings reports of several companies that have a history of outperforming Wall Street’s expectations and seeing their stock prices soar as a result.
According to FactSet data, nearly 79% of S&P companies have surpassed analyst estimates in the first-quarter earnings season. With this in mind, we have screened data from Bespoke Investment Group to identify stocks that not only consistently beat earnings estimates but also see positive stock price movements following their results.
One such company is JD.com, a China-based e-commerce giant that has exceeded earnings estimates 82% of the time, leading to an average 1% increase in its stock price after reporting. With the growth of online shopping in China, JD.com’s upcoming earnings report could provide valuable insights into the health of the country’s consumer market.
Another company to watch is Copa Holdings, the Panamanian airline that has a track record of beating analyst estimates 77% of the time. Despite a 4% decline in its stock price this year, Copa Holdings has seen more than a 2% increase following its earnings reports. With passenger traffic on the rise, Copa Holdings’ upcoming results could shed light on the travel industry’s recovery post-pandemic.
In addition to JD.com and Copa Holdings, other companies like Baidu.com and Triumph Group are also poised to surpass analysts’ earnings estimates next week. These companies have a history of outperformance and could potentially see a boost in their stock prices post-earnings.
Stay tuned to Extreme Investor Network for more updates on these upcoming earnings reports and how they could impact your investment decisions. Don’t miss out on the opportunity to stay ahead of the market trends and make informed investment choices. Happy investing!
