From Nasdaq:

The fourth-quarter 2023 earnings season is nearing an end with positive results. 402 S&P 500 Index companies have reported, showing a 4.9% increase in earnings and a 3.4% rise in revenues. 78.6% beat EPS estimates and 64.4% beat revenue estimates, with a total earnings growth expectation of 5.5%.

Five stocks are expected to beat earnings this week, driving stock prices. HEICO Corp. (HEI) has seen improved demand in the aerospace sector, with an Earnings ESP of +1.77% and an expected earnings growth rate of 11.4% for this year. HEI has recorded earnings surprises in the last four quarters.

Constellation Energy Corp. (CEG) is set to release earnings on Feb 27, with an Earnings ESP of +1.47%. Two out of the last four quarters saw earnings surprises, highlighting strong performance. The company’s segment includes various power regions and has shown steady improvements in its earnings estimates.

Inter Parfums Inc. (IPAR) has been benefiting from positive trends in the fragrance market. IPAR plans to allocate 21% of its annual net sales to advertising and promotion, showcasing a strong growth strategy. With an Earnings ESP of +7.14%, IPAR is expected to continue its streak of earnings surprises.

Apellis Pharmaceuticals Inc. (APLS) has been experiencing strong sales growth, driven by demand for its innovative drug offerings. With an Earnings ESP of +28.35% and an expected earnings growth rate of 75.1% for this year, APLS is poised for continued success in the pharmaceutical industry.

Vaxcyte Inc. (PCVX) is a biotechnology company focused on developing novel vaccines for bacterial infectious diseases. With an Earnings ESP of +12.29%, PCVX is set to release earnings results on Feb 27. The company has shown improvements in its earnings estimates and has had earnings surprises in past quarters.



Read more at Nasdaq:: 5 Stocks to Buy That Are Poised to Beat on Earnings This Week