These stocks reporting next week have a history of beating expectations

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These stocks reporting next week have a history of beating expectations

As earnings season continues in earnest next week, companies including Repligen and HubSpot could exceed Wall Street expectations and see their stocks gain as a result. …

As earnings season continues in earnest next week, companies including Repligen and HubSpot could exceed Wall Street expectations and see their stocks gain as a result. Even though many of the biggest stocks will have already posted earnings, next week still sees reports from 121 companies in the S & P 500 , or approximately a quarter of the index. Two that are also in the Dow Jones Industrial Average — Walt Disney and McDonald's — will headline the week, which will see a big showing from restaurant chains, media companies and gig economy platforms. CNBC Pro screened data from Bespoke Investment Group to find companies reporting earnings next week that have a solid track record of beating analysts' expectations, and often see their shares rise afterward. To be included the table below, companies had to have beaten analysts' consensus earnings per share estimates at least 75% of the time, and then average a gain of 2% or more the first day after posting their latest financials. Life sciences company Repligen reports earnings next Tuesday, and the stock on average has risen 3.1% following each report. Earlier this month, Rothschild & Co. Redburn initiated research coverage of Repligen with a buy rating. "We launch coverage of Repligen, a pure-play bioprocessing company and leader in continuous manufacturing. Its premium valuation is justified by our forecast sector-leading mid-term revenue and adjusted EPS CAGRs of 15% and 29% respectively," wrote analyst Natalya Davies. …

Original source: CNBC Top News

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Disney · CNBC · S & P 500 · McDonald's · Bank of America