ABM and BRC expect positive earnings growth, while DOOO, GCO, and BIG show negative trends.
From Nasdaq: 2024-09-05 16:00:01
ABM Industries Incorporated (ABM) is expected to report earnings of $0.85 per share for the quarter ending July 31, 2024, with a 7.59% increase from last year. Its Price to Earnings ratio for 2024 is 16.18, below the industry ratio of 31.10, potentially impacting its earnings growth compared to competitors.
Brady Corporation (BRC) anticipates earnings of $1.11 per share for the same quarter, a 6.73% increase from last year. BRC has consistently exceeded expectations, suggesting a positive outlook. Its Price to Earnings ratio for 2024 is 17.72 versus the industry ratio of 13.70, indicating potential for higher earnings growth.
BRP Inc. (DOOO) is projected to have a 90.87% decrease in earnings per share for the quarter ending July 31, 2024. The company missed earnings expectations in the first quarter of 2024. DOOO has a high “days to cover” ratio, indicating potential growth. Its Price to Earnings ratio for 2025 is 15.91, compared to the industry ratio of 5.00.
Genesco Inc. (GCO) expects to report earnings of -$1.12 per share for the quarter ending July 31, 2024, a 31.76% decrease from last year. The company’s Price to Earnings ratio for 2025 is 36.94, higher than the industry ratio, suggesting potential for stronger earnings growth.
Big Lots, Inc. (BIG) predicts earnings of -$3.69 per share for the same quarter, a 13.89% decrease from last year. BIG had negative earnings surprises in recent quarters, impacting its performance. Its Price to Earnings ratio for 2025 is -0.04, significantly different from the industry ratio of 23.60.
Read more at Nasdaq:: Pre-Market Earnings Report for September 6, 2024 : ABM, BRC, DOOO, GCO, BIG
