Pre-Market Earnings Report for January 19, 2024 : SLB, TRV, STT, FITB, HBAN, RF, ALLY, CMA, WRLD
From Nasdaq:
1. Energy company Schlumberger N.V. (SLB) is set to report earnings on 01/19/2024, with a forecasted earnings per share of $0.84, an 18.31% increase from last year. The company has consistently outperformed expectations for the past year, with a Price to Earnings ratio of 16.18, indicating strong potential for growth in 2023.
2. Property and casualty insurance company The Travelers Companies, Inc. (TRV) is expected to report earnings with a forecasted earnings per share of $5.01, a significant 47.35% increase from a year ago. While TRV had negative earnings surprises in the last two quarters, their Price to Earnings ratio of 17.76 suggests strong potential for earnings growth in 2023.
3. State Street Corporation (STT) is set to report earnings with a forecasted earnings per share of $1.81, representing a 12.56% decrease from the same quarter last year. With a missed consensus earnings per share in the first quarter of 2023, STT has a Price to Earnings ratio of 10.07 compared to an industry ratio of 10.10.
4. Fifth Third Bancorp (FITB) is reporting for the quarter ending December 31, 2023, with a forecasted earnings per share of $0.90, a 13.46% decrease compared to last year. With a Price to Earnings ratio of 9.65, FITB is positioned for potential growth compared to competitors in the industry.
5. The bank company Huntington Bancshares Incorporated (HBAN) is set to report earnings with a forecasted earnings per share of $0.26, marking a 39.53% decrease from the same quarter last year. HBAN has consistently exceeded expectations in the past year, with a Price to Earnings ratio of 9.07 compared to an industry ratio of 9.80.
6. Regions Financial Corporation (RF) is expected to report earnings with a forecasted earnings per share of $0.48, reflecting a 28.36% decrease from a year ago. With a Price to Earnings ratio of 8.15, RF is positioned for potential growth compared to industry competitors.
7. Financial services company Ally Financial Inc. (ALLY) is set to report earnings with a forecasted earnings per share of $0.44, a 59.26% decrease compared to the same quarter last year. With a missed consensus earnings per share in the first quarter of 2023, ALLY has a Price to Earnings ratio of 10.60 compared to an industry ratio of 10.80.
8. Comerica Incorporated (CMA) is set to report earnings with a forecasted earnings per share of $1.38, a 46.51% decrease from last year. With consistent beats on expectations in the past year, CMA has a Price to Earnings ratio of 6.89 compared to an industry ratio of 10.10, indicating strong potential for growth in 2023.
9. World Acceptance Corporation (WRLD) is expected to report earnings with a forecasted earnings per share of $1.62, representing a significant 307.69% increase from the same quarter last year. With a history of consistently exceeding expectations and a Price to Earnings ratio of 11.75, WRLD is poised for strong earnings growth compared to industry competitors.
Read more: Pre-Market Earnings Report for January 19, 2024 : SLB, TRV, STT, FITB, HBAN, RF, ALLY, CMA, WRLD