From Nasdaq, Inc.: 2024-04-25 07:01:00

The first-quarter 2024 earnings season is underway with over 1,000 companies set to report. Market watchers are eyeing technology giants and other corporate bigwigs. 139 S&P 500 companies have reported, with earnings up 4.6% on 3.4% higher revenues. 78.4% beat EPS estimates.

Five large-cap stocks (market cap > $20B) are expected to beat earnings after the closing bell. These stocks have a Zacks Rank #3 and positive Earnings ESP, with a 70% chance of an earnings beat. L3Harris Technologies, Arthur J. Gallagher & Co., AvalonBay Communities, The Hartford Financial Services Group, and Agnico Eagle Mines are on the list.

L3Harris Technologies is expecting a growth rate of 3% in the current year. Arthur J. Gallagher & Co. anticipates a growth rate of 14.8% for the year. AvalonBay Communities is expecting a growth rate of 1.6% for the current year. The Hartford Financial Services Group expects a growth rate of 14.1% for the current year. Agnico Eagle Mines Ltd. is forecasting a growth rate of 13% for the current year.



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