From Nasdaq.:

The fourth-quarter 2024 earnings season is here, with 36 S&P 500 companies reporting. The total earnings have increased by 4.2% from last year, with 86.1% beating EPS estimates and 55.6% beating revenue estimates. Some large-cap stocks are expected to beat earnings next week.

Five large-cap stocks are poised to beat on earnings results next week. All carry a Zacks Rank #2 (Buy) and have a positive Earnings ESP, with a 70% chance of an earnings beat when they have a Zacks Rank #3 (Hold) or better and a positive Earnings ESP.

Netflix (NFLX) is expected to see 2023 net sales rise by 6.2%. The company has an Earnings ESP of +2.26% and an expected earnings growth rate of 32.5% for the current year. Packaging Corporation of America (PKG) has an Earnings ESP of +1.89%, while Amphenol Corp. (APH) has an Earnings ESP of +1.74%. Both companies are set to release earnings results on Jan 24. Booz Allen Hamilton Holding Corp. (BAH) is expected to see revenue growth of 12.4% in fiscal 2024. It has an Earnings ESP of +7.65%. Colgate-Palmolive Co. (CL) has an Earnings ESP of +0.78%.

These companies are all expected to release their earnings results next week, with a positive outlook for earnings growth and performance.



Read more: 5 Large-Cap Stocks Set to Beat on Earnings Next Week