From Nasdaq: 2025-01-22 07:43:00

Fourth-quarter 2024 earnings for the S&P 500 Index are expected to be up 8.5% with 4.8% higher revenues. Momentum stocks like Alcoa Corp. (AA), PACCAR Inc. (PCAR), and Deckers Outdoor Corp. (DECK) are set to beat earnings, potentially boosting stock prices. Alcoa has an Earnings ESP of +2.76% and reports on Jan. 22.

PACCAR Inc. (PCAR), a leader in the trucking business, is expected to report a decline in revenues but has an Earnings ESP of +1.19%. Positive earnings estimate revisions for 2024 indicate potential growth. PACCAR reports on Jan. 28. Deckers Outdoor Corp. (DECK) shows promising growth potential with diverse brand portfolio and strategic initiatives. DECK has an Earnings ESP of +9.60% and reports on Jan. 30.

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Read more at Nasdaq:: Buy These 3 Momentum Stocks Poised to Beat on Earnings This Month