Three large-cap stocks, EXAS, DD, and KGC, have positive earnings potential ahead of likely earnings beat

From Nasdaq: 2024-11-04 14:00:00

The third-quarter 2024 earnings season is underway, with around 1,600 companies set to report. So far, 350 S&P 500 companies have reported, showing 8.8% earnings growth. Three stocks to watch tomorrow are Exact Sciences Corp. (EXAS), DuPont de Nemours Inc. (DD), and Kinross Gold Corp. (KGC) with positive earnings potential.

Exact Sciences (EXAS) is focusing on its flagship Cologuard test for colorectal cancer screening and expanding its technology platform. With a Zacks Rank #1, EXAS has an Earnings ESP of +39.49% and expected revenue and earnings growth rates of 13.4% and 15.9% for the current year. The average short-term price target for EXAS is 16.7% higher than the last closing price.

DuPont de Nemours Inc. (DD) is driving top-line growth through innovation and acquisitions, with an Earnings ESP of +0.97%. DD has expected revenue and earnings growth rates of 3.1% and 8.1% for the current year. The average short-term price target for DD is 17.1% higher than the last closing price.

Kinross Gold Corp. (KGC) is focusing on organic growth through mine expansions and projects, with an Earnings ESP of +3.18%. KGC has expected revenue and earnings growth rates of 14.9% and 50% for the current year. The average short-term price target for KGC represents a 12.4% increase from the last closing price.



Read more at Nasdaq:: 3 Large-Cap Stocks to Buy Ahead of Likely Earnings Beat Tuesday