From Nasdaq: 2025-01-28 06:40:00

The fourth-quarter 2024 earnings season is off to a good start, with 78 S&P 500 companies reporting. Total earnings are up 17.4% year over year on 6.2% higher revenues, with 83.3% beating EPS estimates and 66.7% beating revenue estimates.

Five large-cap stocks, including Cardinal Health Inc., Logitech International S.A., and ServiceNow Inc., are expected to outperform in earnings. Investing in these companies could lead to solid returns.

Cardinal Health Inc. anticipates a decline in revenues from its Pharmaceutical segment due to an expiring contract. However, segmental profit is expected to increase. The company will report earnings on Jan. 30.

Logitech International S.A. has seen strong quarterly results, with demand for its products expected to increase due to hybrid work trends. The company will report earnings on Jan. 28.

ServiceNow Inc. is benefiting from the adoption of its workflows by enterprises undergoing digital transformation. The company is expected to report earnings on Jan. 29.

Corning Inc. is experiencing growth in its fiber optics business, driven by increasing mobile device usage. The company will report earnings on Jan. 29.

Automatic Data Processing Inc. aims to grow through acquisitions and transformation initiatives. The company is set to report earnings on Jan. 29.



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