From Nasdaq:

The fourth-quarter 2023 earnings season is expected to kick off this week with the banking sector getting ready to report financial numbers. While there has been a slowdown in the earnings outlook recently, there are still opportunities to invest in stocks that have a high chance of surprising in their upcoming releases. These stocks include Meta Platforms, Deckers Outdoor Corporation, Netflix, Atmos Energy Corporation, and CME Group. Total S&P 500 earnings are expected to be down 0.2% from the same period last year, with the most substantial gains expected in the Technology, Retail, and Consumer Discretionary sectors. The S&P 500 is expected to post 1.3% earnings growth for the fourth quarter.
In order to choose the best stocks to invest in, look for stocks with a combination of a positive Earnings ESP and a favorable Zacks Rank (Strong Buy or Buy). Meta Platforms, Deckers Outdoor Corporation, Netflix, Atmos Energy Corporation, and CME Group all meet these criteria and are expected to release positive earnings reports. Each stock has seen positive earnings estimate revisions and is likely to exceed expectations in the upcoming earnings season.
Meta Platforms, the parent company of social media giant Facebook, is expected to deliver impressive growth in its upcoming earnings report. Similarly, Deckers Outdoor Corporation, Netflix Inc., Atmos Energy Corporation, and CME Group all have strong earnings potential and are worth considering for investment. With careful stock selection using our proprietary methodology, investors can maximize their returns during the upcoming earnings season.



Read more: 5 Stocks From the Favorite Sectors of This Earnings Season