From Nasdaq:

The fourth-quarter earnings results are in line with expectations, with 83 companies on the S&P 500 reporting a 0.9% earnings increase and 3.9% higher revenues. Total earnings for the index are expected to be up 0.6% on 2.3% higher revenues. Five large-cap stocks are set to beat on earnings, driving their stock prices higher. Graco Inc. predicts low-single-digit organic sales growth for 2023 and recorded earnings surprises in three out of the last four reported quarters. Super Micro Computer designs and sells energy-efficient server solutions, with an Earnings ESP of +8.19%. General Motors’ compelling EV and internal combustion engine portfolio bodes well, with plans to roll out 30 new EV models by 2025-end. GM has an Earnings ESP of +3.47%. Western Digital has been benefiting from the strong demand for its UltraSMR drives, with an Earnings ESP of +6.94%. MSCI is gaining strong demand for its recurring subscriptions, custom and factor index modules, and ESG and Climate solutions. MSCI has an Earnings ESP of +1.13%. Each of these stocks are set to release earnings results in the coming days.



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