After-Hours Earnings Report for August 1, 2024 : AAPL, AMZN, INTC, VRTX, BKNG, MELI, EOG, MSI, MCHP, PRU, COIN, DASH
From Nasdaq: 2024-08-01 14:00:01
Apple Inc. (AAPL) is expected to report earnings with a forecasted earnings per share of $1.34, representing a 6.35% increase from the same quarter last year. Analysts predict that AAPL will have a higher earnings growth than competitors in the industry based on its 2024 Price to Earnings ratio of 33.60 versus the industry ratio of 17.80. Amazon.com, Inc. (AMZN) is expected to report earnings with a forecasted earnings per share of $1.05, which is a 66.67% increase from the same quarter last year. AMZN has historically beat expectations every quarter, with a Price to Earnings ratio of 39.53 compared to the industry ratio of 71.20. Intel Corporation (INTC) is anticipated to report earnings with a forecasted earnings per share of $-0.11, showing a 120.00% decrease from the same quarter last year. Despite missing the consensus in the first quarter of 2024, INTC is projected to have a higher earnings growth than competitors in the industry based on its 2024 Price to Earnings ratio of 439.14 versus the industry ratio of 62.10. Vertex Pharmaceuticals Incorporated (VRTX) is set to report earnings with a forecasted earnings per share of $-12.54, a 455.24% decrease from the same quarter last year. With a Price to Earnings ratio of -476.65 versus the industry ratio of -9.30, VRTX may have a unique position for earnings growth compared to competitors. Booking Holdings Inc. (BKNG) is expected to announce earnings with a forecasted earnings per share of $39.33, reflecting a 4.55% increase from the same quarter last year. BKNG has consistently exceeded expectations and may continue to excel, as indicated by the 2024 Price to Earnings ratio of 20.77 versus the industry ratio of 71.20. MercadoLibre, Inc. (MELI) is projected to report earnings with a forecasted earnings per share of $8.72, a 68.99% increase from the same quarter last year. While MELI missed the consensus in the fourth quarter of 2023, it is expected to have a Price to Earnings ratio of 49.97 versus the industry ratio of 71.20, suggesting potential earnings growth. EOG Resources, Inc. (EOG) is anticipated to announce earnings with a forecasted earnings per share of $2.98, showing a 19.68% increase from the same quarter last year. Despite missing the consensus in the fourth quarter of 2023, EOG is poised for growth with a Price to Earnings ratio of 10.45 versus the industry ratio of 8.20. Motorola Solutions, Inc. (MSI) is expected to report earnings with a forecasted earnings per share of $2.76, a 14.52% increase from the same quarter last year. With a Price to Earnings ratio of 33.00 versus the industry ratio of 9.40, MSI may have greater earnings growth potential compared to competitors. Microchip Technology Incorporated (MCHP) is projected to announce earnings with a forecasted earnings per share of $0.46, a 70.51% decrease from the same quarter last year. Despite missing the consensus in the third quarter of 2023, MCHP may have a unique position for earnings growth with a 2025 Price to Earnings ratio of 37.78 versus the industry ratio of -91.60. Prudential Financial, Inc. (PRU) is expected to report earnings with a forecasted earnings per share of $3.43, representing a 16.67% increase from the same quarter last year. With a 2024 Price to Earnings ratio of 9.37 versus the industry ratio of 17.10, PRU may be positioned for earnings growth. Coinbase Global, Inc. (COIN) is anticipated to announce earnings with a forecasted earnings per share of $1.07, a 354.76% increase from the same quarter last year. COIN has consistently exceeded expectations and may continue to do so based on the 2024 Price to Earnings ratio of 45.33 versus the industry ratio of 26.40. DoorDash, Inc. (DASH) is projected to report earnings with a forecasted earnings per share of $-0.10, a 77.27% increase from the same quarter last year. With a 2024 Price to Earnings ratio of 1581.71 compared to the industry ratio of 12.40, DASH may have substantial potential for earnings growth.
Read more at Nasdaq:: After-Hours Earnings Report for August 1, 2024 : AAPL, AMZN, INTC, VRTX, BKNG, MELI, EOG, MSI, MCHP, PRU, COIN, DASH