Earnings Report: 7 Stocks Expected to Report Earnings Soon
October 17, 2023 (Earnings Report)Dear Reader,We just identified several stocks that are expected to release earnings very soon.If you are interested in any of these companies, we encourage you to do your own research and due diligence before pursuing any investments.Keep in mind, the actual earnings date and time may change, so if you’re interested in any of these companies you will need to pay close attention to their announcements.
Tesla
Symbol: TSLA
Recent Price: $253.92
Average Analyst Price Target: $245.40 (1.76%)
Market Cap: $797.05B
Last Year's EPS: 0.85
Consensus EPS Forecast: 0.82
Expected Earnings Date: 2023-07-19
Recent Analyst Action: Alexander Potter, analyst at Piper Sandler, reiterates coverage on Tesla (TSLA) in the Technology sector with a Buy rating and a price target of $290 (20 hours ago).
TipRanks.com also reports that Tesla currently has 5 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $245.40 . The target pricing ranges from a high forecast of $290 down to a low forecast of $150. Tesla (TSLA)’s last closing price was $253.92 which would put the average price target at 1.76% upside.Here are 3rd party ratings for TSLA:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Hold, Bottom 35% (164 out of 251)
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Las Vegas Sands
Symbol: LVS
Recent Price: $45.39
Average Analyst Price Target: $66.00 (50.19%)
Market Cap: $34.24B
Last Year's EPS: 0.28
Consensus EPS Forecast: 0.43
Expected Earnings Date: 2023-07-19
Recent Analyst Action: Stephen Grambling, analyst at Morgan Stanley, reiterates coverage on Las Vegas Sands (LVS) in the Real Estate sector with a Buy rating and a price target of $64 (3 days ago).
TipRanks.com also reports that Las Vegas Sands currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $66.00 . The target pricing ranges from a high forecast of $69 down to a low forecast of $64. Las Vegas Sands (LVS)’s last closing price was $45.39 which would put the average price target at 50.19% upside.Here are 3rd party ratings for LVS:
- TipRanks.com: Strong Buy
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 39% (152 out of 251)
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Stepan Company
Symbol: SCL
Recent Price: $66.43
Average Analyst Price Target: $116.00 (74.62%)
Market Cap: $1.42B
Last Year's EPS: 0.71
Consensus EPS Forecast: 1.17
Expected Earnings Date: 2023-07-26
Recent Analyst Action: Vincent Anderson, analyst at Stifel Nicolaus, reiterates coverage on Stepan Company (SCL) in the Industrials sector with a Buy rating and a price target of $116 (2 months ago).
TipRanks.com also reports that Stepan Company currently has 1 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $116.00 . The target pricing ranges from a high forecast of $116 down to a low forecast of $116. Stepan Company (SCL)’s last closing price was $66.43 which would put the average price target at 74.62% upside.Here are 3rd party ratings for SCL:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Strong Sell, Bottom 12% (222 out of 251)
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Synovus
Symbol: SNV
Recent Price: $27.27
Average Analyst Price Target: $34.60 (26.29%)
Market Cap: $3.89B
Last Year's EPS: 1.33
Consensus EPS Forecast: 1.15
Expected Earnings Date: 2023-07-19
Recent Analyst Action: Jon Arfstrom, analyst at RBC Capital, reiterates coverage on Synovus (SNV) in the Financial sector with a Buy rating and a price target of $34 (6 days ago).
TipRanks.com also reports that Synovus currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $34.60 . The target pricing ranges from a high forecast of $41 down to a low forecast of $31. Synovus (SNV)’s last closing price was $27.27 which would put the average price target at 26.29% upside.Here are 3rd party ratings for SNV:
- TipRanks.com: Strong Buy
- TradingView.com:
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 42% (146 out of 251)
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M&T Bank
Symbol: MTB
Recent Price: $122.66
Average Analyst Price Target: $136.73 (22.54%)
Market Cap: $19.95B
Last Year's EPS: 4.01
Consensus EPS Forecast: 4.04
Expected Earnings Date: 2023-07-19
Recent Analyst Action: Ken Usdin, analyst at Jefferies, reiterates coverage on M&T Bank (MTB) in the Financial sector with a Hold rating and a price target of $130 (6 days ago).
TipRanks.com also reports that M&T Bank currently has 5 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $136.73 . The target pricing ranges from a high forecast of $141 down to a low forecast of $130. M&T Bank (MTB)’s last closing price was $122.66 which would put the average price target at 22.54% upside.Here are 3rd party ratings for MTB:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 32% (170 out of 251)
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PPG Industries
Symbol: PPG
Recent Price: $130.35
Average Analyst Price Target: $162.00 (22.62%)
Market Cap: $30.25B
Last Year's EPS: 1.82
Consensus EPS Forecast: 2.14
Expected Earnings Date: 2023-07-20
Recent Analyst Action: Michael Leithead, analyst at Barclays, reiterates coverage on PPG Industries (PPG) in the Basic Materials sector with a Buy rating and a price target of $160 (5 days ago).
TipRanks.com also reports that PPG Industries currently has 5 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $162.00 . The target pricing ranges from a high forecast of $172 down to a low forecast of $154. PPG Industries (PPG)’s last closing price was $130.35 which would put the average price target at 22.62% upside.Here are 3rd party ratings for PPG:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 9% (228 out of 251)
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Travelers Companies
Symbol: TRV
Recent Price: $167.65
Average Analyst Price Target: $189.60 (12.54%)
Market Cap: $37.59B
Last Year's EPS: 3.21
Consensus EPS Forecast: 2.27
Expected Earnings Date: 2023-07-20
Recent Analyst Action: Bob Huang, analyst at Morgan Stanley, reiterates coverage on Travelers Companies (TRV) in the Financial sector with a Hold rating and a price target of $183 (5 days ago).
TipRanks.com also reports that Travelers Companies currently has 5 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $189.60 . The target pricing ranges from a high forecast of $212 down to a low forecast of $176. Travelers Companies (TRV)’s last closing price was $167.65 which would put the average price target at 12.54% upside.Here are 3rd party ratings for TRV:
- TipRanks.com: Hold
- TradingView.com:
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Hold, Top 30% (75 out of 251)
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To Your Financial Future,
The Editor, WallStreetSectors.com