The following companies are expected to report earnings before the market opens on 07/20/2023. See our results calendar for a full list of expected results releases.
Johnson & Johnson (JNJ) reports for the quarter ending June 30, 2023. The large-cap pharmaceutical company’s consensus earnings per share forecast from the 7 analysts who track the stock is $2.61. This value represents an increase of 0.77% compared to the same quarter last year. Over the past year, JNJ has exceeded expectations every quarter. The highest was in the 1st calendar quarter where they beat consensus by 6.77%. Zacks Investment Research reports that the 2023 price-to-earnings ratio for JNJ is 14.94 versus an industry ratio of 21.10.
Abbott Laboratories (ABT) reports for the quarter ending June 30, 2023. The medical products company’s consensus earnings-per-share forecast from 9 analysts who track the stock is $1.04. This value represents a decrease of 27.27% compared to the same quarter last year. Over the past year, ABT has exceeded expectations every quarter. The highest was recorded in the 1st calendar quarter where they beat consensus by 5.1%. Zacks Investment Research reports that the 2023 price-to-earnings ratio for ABT is 24.36 versus an industry ratio of 5.10, implying that they will have higher earnings growth than their competitors in the same industry.
Philip Morris International Inc. (PM) reports for the quarter ending June 30, 2023. The consensus earnings forecast for the tobacco company by the 8 analysts who track the stock is $1.48. This value represents a no change for the same quarter last year. Over the past year, PM has exceeded expectations every quarter. The highest was in the 1st calendar quarter where they beat consensus by 3.76%. Zacks Investment Research reports that the 2023 price-to-earnings ratio for PM is 15.89 versus an industry ratio of 8.80, implying that they will have higher earnings growth than their competitors in the same industry.
Taiwan Semiconductor Manufacturing Company Ltd. (TSM) reports for the quarter ending June 30, 2023. The consensus earnings forecast for the semi-fab foundry company from 3 analysts who track the stock is $1.07. This value represents a decrease of 30.97% compared to the same quarter last year. Over the past year, TSM has exceeded expectations every quarter. The highest was in the 1st calendar quarter where they beat consensus by 8.26%. Zacks Investment Research reports that the 2023 price-to-earnings ratio for TSM is 19.72 versus an industry ratio of 19.70, implying that they will have higher earnings growth than their competitors in the same industry.
Marsh & McLennan Companies, Inc. (MMC) reports for the quarter ending June 30, 2023. The insurance brokerage firm’s consensus earnings per share forecast from the 8 analysts who track the stock is $2.12. This value represents an increase of 12.17% compared to the same quarter last year. Over the past year, MMC has exceeded expectations every quarter. The highest was recorded in the 1st calendar quarter where they beat consensus by 3.27%. Zacks Investment Research reports that the 2023 price-to-earnings ratio for MMC is 24.69 versus an industry ratio of 21.60, implying that they will have higher earnings growth than their competitors in the same industry.
Blackstone Inc. (BX) reports for the quarter ending June 30, 2023. The financial services company’s consensus earnings-per-share forecast from 7 analysts who track the stock is $0.92. This value represents a decrease of 38.26% compared to the same quarter last year. In the past year, BX has met analysts’ expectations once and exceeded them the other three quarters. Zacks Investment Research reports that the 2023 price-to-earnings ratio for BX is 25.51 versus an industry ratio of 13.00, implying that they will have higher earnings growth than their competitors in the same industry.
Freeport-McMoran, Inc. (FCX) reports for the quarter ending June 30, 2023. The mining company’s consensus earnings per share forecast from the 7 analysts who track the stock is $0.28. This value represents a decrease of 51.72% compared to the same quarter last year. Zacks Investment Research reports that the 2023 price-to-earnings ratio for FCX is 26.24 versus an industry ratio of 95.80.
Truist Financial Corporation (TFC) reports for the quarter ending June 30, 2023. The banking company’s consensus earnings-per-share forecast from the 9 analysts who track the stock is $0.98. This value represents a decrease of 18.33% compared to the same quarter last year. Zacks Investment Research reports that the 2023 P/E ratio for TFC is 8.67 versus an industry ratio of 8.90.
DR Horton, Inc. (DHI) reports for the quarter ending June 30, 2023. The construction company’s (residential/commercial) consensus earnings per share forecast from the 16 analysts who track the stock is $2.81. This value represents a decrease of 39.83% compared to the same quarter last year. DHI missed consensus earnings per share in the 3rd calendar quarter of 2022 by -7.71%. Zacks Investment Research reports that the 2023 P/E ratio for DHI is 11.44 versus an industry ratio of 9.60, implying that they will have higher earnings growth than their competitors in the same industry.
The Travelers Companies, Inc. (TRV) reports for the quarter ending June 30, 2023. The insurance company’s consensus earnings per share forecast (casualty and casualty) from the 8 analysts who track the stock is $2.27. This value represents a decrease of 11.67% compared to the same quarter last year. Over the past year, TRV has met analysts’ expectations once and exceeded them the other three quarters. Zacks Investment Research reports that the 2023 price-to-earnings ratio for TRV is 12.11 versus an industry ratio of 17.40.
Newmont Company (NEM) reports for the quarter ending June 30, 2023. The mining company’s consensus earnings-per-share forecast from the 4 analysts who track the stock is $0.38. This value represents a decrease of 17.39% compared to the same quarter last year. Zacks Investment Research reports that the 2023 price-to-earnings ratio for NEM is 19.73 versus an industry ratio of -17.80, implying that they will have higher earnings growth than their competitors in the same industry.
Genuine Parts Company (GPC) reports for the quarter ending June 30, 2023. The consensus earnings forecast for the auto (truck) company from the 6 analysts who track the stock is $2.31. This value represents an increase of 5.00% compared to the same quarter last year. Over the past year, GPC has exceeded expectations every quarter. The highest was in the 1st calendar quarter where they beat consensus by 5.94%. Zacks Investment Research reports that the 2023 price-to-earnings ratio for GPC is 18.40 versus an industry ratio of 18.30, implying that they will have higher earnings growth than their competitors in the same industry.
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