3 Retailers Set to Gain on Likely Earnings Beat This Month
Burlington Stores(BURL) ZACKS·2024-08-20 21:05
We are in the last leg of the second-quarter 2024 earnings season. So far, the results are better than expected. As of Aug 16, 464 companies of Wall Street's broad-market index — the S&P 500 — reported their quarterly financial numbers. Total earnings of these companies are up 8.3% year over year on 5.2% higher revenues with 79.3% beating EPS estimates and 59.5% surpassing revenue estimates. Looking at Q2 as a whole, total earnings of the S&P 500 Index are expected to be up 9.5% year over year on 5.4% highe ...