These stocks reporting next week have a track record of earnings beats and share gains
CNBC Pro screened data from Bespoke Investment Group to find companies that have a solid history of beating earnings estimates and seeing shares rise.
TL;DR
- Several S&P 500 companies, primarily in the financial sector, are set to report earnings next week.
- BlackRock and Morgan Stanley have strong histories of exceeding earnings expectations and experiencing stock price increases post-announcement.
- BlackRock has beaten EPS estimates 82% of the time with an average share gain of 1.1% after reports.
- Morgan Stanley has beaten bottom-line estimates 80% of the time, with shares gaining an average of 1.1% following earnings.
- Other major banks including JPMorgan Chase, Goldman Sachs, Citigroup, and Wells Fargo are also reporting next week.
- Investors are focused on how rising interest rates will influence lending, M&A, and startup funding.