Report indicates decrease in earnings for DAL, DPZ, NEOG, and RELL, with mixed PE ratios

From NASDAQ.: 2024-10-09 16:00:01

Delta Air Lines, Inc. (DAL) is expected to report $1.54 earnings per share for the quarter ending September 30, 2024, signaling a 24.14% decrease from the same period last year. Zacks reports a 2024 Price to Earnings ratio of 8.20 for DAL versus an industry ratio of 12.80.

Domino’s Pizza Inc (DPZ) is expected to report $3.70 earnings per share for the quarter ending September 30, 2024, a decrease of 11.48% compared to last year. The stock has consistently beaten expectations in previous quarters, with a Price to Earnings ratio of 25.32 in 2024 versus industry ratio of 43.90.

Neogen Corporation (NEOG) is anticipated to report $0.10 earnings per share for the quarter ending August 31, 2024, a 9.09% decrease year-over-year. Neogen’s Price to Earnings ratio for 2025 is reported at 27.20, compared to an industry ratio of 3.80, suggesting higher earnings growth relative to competitors.

Tilray Brands, Inc. (TLRY) is projected to report $-0.05 earnings per share for the quarter ending August 31, 2024, indicating a 50.00% increase versus the same period in the previous year. Zacks reports a 2025 Price to Earnings ratio of -10.31 for TLRY compared to an industry ratio of 22.70.

Richardson Electronics, Ltd. (RELL) is expected to report $-0.01 earnings per share for the quarter ending August 31, 2024, showing a 111.11% decrease compared to the previous year. RELL missed earnings expectations in the 4th quarter of 2023, with a Price to Earnings ratio for 2025 of 28.39 compared to an industry ratio of 16.60, implying higher earnings growth than competitors.



Read more at NASDAQ.:: Pre-Market Earnings Report for October 10, 2024 : DAL, DPZ, NEOG, TLRY, RELL