Welcome to the Extreme Investor Network, where we provide unique insights and valuable information for investors. As we enter earnings season, there are key reports to watch that historically beat expectations and rallied as a result. Major names like Goldman Sachs, United Airlines, and Netflix are on the docket for next week, and investors will be closely analyzing their reports and guidance against Wall Street forecasts.
Our experts at the Extreme Investor Network have screened for stocks reporting next week that have a strong track record of beating the Street’s consensus earnings estimate at least 75% of the time. From there, we narrowed down the names that have also seen a typical post-earnings trading session gain of at least 1%. Here are the top nine names that made the list:
Ally Financial is one of the names that stood out, with an impressive 4 out of 5 beat rate and a typical gain of 1.2% post-earnings. Evercore ISI analyst John Pancari sees potential in the banking stock’s improving returns and believes investor confidence in Ally’s guidance could lead to further upside in the stock.
Homebuilder D.R. Horton also made our list, boasting a 76% beat rate and 1.5% average post-earnings return. JPMorgan analyst Michael Rehaut named the stock one of his longs, expecting outperformance compared to its peers this earnings season.
Another standout is Intuitive Surgical, with an impressive 88% beat rate and average rally of 2.4% post-earnings. Goldman Sachs analyst David Roman sees positive earnings revision potential for the stock, despite a strong run-up in share price this year.
At the Extreme Investor Network, we strive to provide our readers with unique insights and valuable information to help navigate the complexities of investing. Stay tuned for more updates and expert analysis on earnings season and other market trends.