Buy 5 Beaten-Down Stocks Set to Beat on Earnings Next Week
AESAES(AES) ZACKS·2024-07-26 20:21

We are in the initial stage of the second-quarter 2024 earnings period. So far, the results exceeded expectations. As of Jul 24, 134 companies of the S&P 500 Index — popularly known as Wall Street’s broad-market index — reported their quarterly financial numbers. Total earnings for these index members increased 7.6% from the same period last year on 4.7% higher revenues, with 81.3% beating EPS estimates and 57.5% beating revenue estimates. At present, total earnings of the S&P 500 Index in the second quarte ...