Earnings Scheduled for Monday, August 26, 2024
Key Takeaways
- The consensus earnings estimate is $2.13 per share.
- Revenue is expected to be $109 billion, representing 16.5% year-over-year growth.
- The Earnings Whisper number is $2.15 per share.
Detailed Earnings Reports and Previews
For detailed earnings reports and previews, please visit the following resources:Importance of Earnings for Investors
Earnings are a key driver of stock prices. By understanding earnings expectations and results, investors can make informed decisions about their investments.Short-term equity traders often use earnings reports to identify opportunities for buying and selling stocks. By combining quantitative studies and technical analysis with professional buy and sell-side expectations, traders can attempt to profit from short-term price movements.
Long-term investors can also benefit from earnings information. By identifying companies that consistently beat earnings expectations, investors can identify potential long-term winners. This can help them outperform the overall stock market over time.
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