Great ariticle, would you like to share it?🎁Q3 Earnings Weekly: Top 10 Stocks with Estimate EPS Higher
@Tiger_Earnings:😀Hi Tigers, Bank stocks opened the Q3 earnings season last week. At press time, $Goldman Sachs(GS)$ and $Bank of America(BAC)$ reported results above expectations. What other stocks gave earnings better than expected? How they performed after the results? Welcome to view the following list, which shows the top 10 stocks by market value whose EPS beat estimates, as well as the top 10 stocks by market value that are expected to post higher EPS than the same period last year. Welcome to Read: 🎁Top 10 Earnings Beat on 18 OCT, Share Your Winning Trades For Q3 1. Why EPS Matters? Earnings per share(EPS), refers to the income per share brought to investors/shareholders in the open market. EPS is calculated as a company's profit divided by the outstanding shares of its common stock. The resulting number serves as an indicator of a company's profitability. Investors like companies with high profitability, and the market always rewards those earnings results that beat the estimates. Hope the following content helps you learn more about good companies. 2. The Top 10 Stocks Beat EPS by Market Value by 17 OCT. On Oct. 11~17, $UnitedHealth(UNH)$, $JPMorgan Chase(JPM)$, $Wells Fargo(WFC)$ , $HDFC Bank(HDB)$ , $Charles Schwab(SCHW)$ , $BlackRock(BLK)$ , $Progressive(PGR)$ , $Citigroup(C)$ , $PNC Financial Services Group Inc(PNC)$ , $Fastenal(FAST)$ and $Delta Air Lines(DAL)$ released higher than estimate earnings, and we see mixed performance after the results. And 7 out of 10 stocks have positive returns the day after earnings release. Why are some rejected even though EPS is higher? Some reasons can be considered such as: 1) The earnings data is already priced in? 2) The data below the forecasts that the company had previously made? 3) There might be day traders who have profited from the increase (especially in the case of companies with a small market capitalization) If you are interested in any profitable company's future, feel free to add it to your watch list and perform further fundamental analysis and position plans before trading. 3. The Top 10 Stocks by Market Value with Estimated Higher EPS. On Oct 18 to 20, Stocks of $Procter & Gamble(PG)$ , $ASML Holding NV(ASML)$, $SAP SE(SAP)$ , $Netflix(NFLX)$ , $Philip Morris(PM)$ , $American Express(AXP)$, $Elevance Health(ELV)$, $Intuitive Surgical(ISRG)$, $Marsh & McLennan(MMC)$ and $Schlumberger(SLB)$ are going releasing their earnings with consensus earnings per share forecasts are higher than data from the same period last year. Are you interested in betting on these stocks? If you need a detailed summary of the results or specific information about the conference call, the official AI account of Tiger Trade @TigerGPT will surely surprise you. Follow this account and search for the tickers that interest you. 4. Questions For You: What stocks are on your watch list? What stocks are you will bullish on? Please share with us your stock pick story in the comment section.
🎁Q3 Earnings Weekly: Top 10 Stocks with Estimate EPS HigherDisclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.