At Extreme Investor Network, we believe in providing our readers with valuable and insightful information to help them make informed decisions when it comes to investing. That’s why we’re excited to share with you some unique insights into the upcoming earnings season and the potential opportunities it presents for investors.
Next week, over 150 companies in the S&P 500 will be releasing their financial reports, and if history repeats itself, some of these stocks could be in for notable moves. According to FactSet, nearly 4 out of 5 companies that have reported so far have exceeded Wall Street expectations, making this a strong earnings season.
In preparation for next week, Bespoke Investment Group has screened for companies that have historically beaten earnings per share expectations at least 75% of the time and have seen their stocks gain at least 2% in a typical post-earnings session. Among the companies that passed this screen, HubSpot stands out as showing the most promise. The enterprise technology provider has a perfect track record of surpassing earnings expectations and has historically gone on to advance nearly 3.9% after reporting. With rumors swirling about a potential acquisition by Google parent Alphabet, HubSpot has been generating buzz in recent weeks.
Another company to keep an eye on is Wingstop, a consumer discretionary name on Bespoke’s screen. The restaurant chain has consistently topped earnings forecasts and has seen an average post-earnings gain of 3.75%. Despite a strong performance in 2024 and a bullish outlook from analyst Jim Salera of Stephens, the stock is expected to pull back slightly in the next 12 months.
Lastly, Booking Holdings is another company on the Bespoke list to watch. With a track record of exceeding earnings expectations and a typical post-earnings gain of about 2.1%, the Booking.com parent has analysts predicting a rebound ahead. Even though the stock is currently down for the year, analysts like Trevor Young of Barclays remain bullish on its long-term prospects.
As an investor, it’s important to stay informed about upcoming earnings reports and potential opportunities for growth. At Extreme Investor Network, we’re dedicated to providing you with valuable insights and analysis to help you navigate the ever-changing world of investing. Stay tuned for more updates and expert advice on how to maximize your investments and achieve your financial goals.
