The Earnings Playbook: Stocks Poised to Exceed Analysts’ Predictions Next Week

Several companies are set to report their earnings next week, with a history of beating Wall Street’s forecasts and seeing their stocks appreciate in reaction. So far in the first-quarter earnings season, more than 450 S&P companies have reported results, with nearly 79% surpassing analysts’ estimates. CNBC, in collaboration with Bespoke Investment Group, screened data to identify stocks that have historically beaten consensus earnings estimates at least 75% of the time, with shares averaging at least a 1% increase following results.

One such company is China-based e-commerce giant JD.com. The stock has already gained about 11% in 2024 and has a track record of exceeding Street earnings estimates 82% of the time, leading to a more than 1% move in its stock after results. JD.com’s upcoming report could be a crucial indicator of consumer health in China, especially following news that Beijing’s imports increased by 8.4% year over year in April.

Another company on the list is Panamanian airline Copa Holdings, which has seen its shares decline by 4% in 2024. Despite this, Copa Holdings has historically surpassed analyst estimates 77% of the time on average, with its stock climbing more than 2% following results. The company recently announced a significant increase in passenger traffic and available seat capacity, which could bode well for its upcoming earnings report.

In addition to JD.com and Copa Holdings, other stocks that could potentially surpass analysts’ average earnings estimates next week include Baidu.com and Triumph Group. These companies have exhibited a consistent track record of beating consensus estimates and could see positive movements in their stock prices following their earnings announcements.

Investors will be closely monitoring these companies’ earnings reports next week, as their performance could provide valuable insights into the health of the global economy and consumer sentiment. With a history of outperforming expectations and driving stock price appreciation, these companies could be poised for another round of positive results in the upcoming earnings season.