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08 February
Pre-Market Earnings Report for February 9, 2024 : PEP, ENB, FTS, MGA, WPC, PAA, CTLT, OWL, ESNT, COOP, NWL, PAGP

The following companies are expected to report earnings prior to market open on 02/09/2024. Visit our Earnings Calendar for a full list of expected earnings releases.

Pepsico, Inc. (PEP)is reporting for the quarter ending December 31, 2023. The beverages company's consensus earnings per share forecast from the 7 analysts that follow the stock is $1.72. This value represents a 2.99% increase compared to the same quarter last year. In the past year PEP has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 3.69%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for PEP is 22.71 vs. an industry ratio of 38.80.

Enbridge Inc (ENB)is reporting for the quarter ending December 31, 2023. The oil (production/pipeline) company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.50. This value represents a 8.70% increase compared to the same quarter last year. ENB missed the consensus earnings per share in the 4th calendar quarter of 2022 by -17.86%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for ENB is 16.39 vs. an industry ratio of -6.20, implying that they will have a higher earnings growth than their competitors in the same industry.

Fortis Inc. (FTS)is reporting for the quarter ending December 31, 2023. The electric power utilities company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.53. This value represents a no change for the same quarter last year. In the past year FTS has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2023 Price to Earnings ratio for FTS is 17.40 vs. an industry ratio of 23.40.

Magna International, Inc. (MGA)is reporting for the quarter ending December 31, 2023. The auto (truck) company's consensus earnings per share forecast from the 5 analysts that follow the stock is $1.46. This value represents a 60.44% increase compared to the same quarter last year. MGA missed the consensus earnings per share in the 4th calendar quarter of 2022 by -26.61%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for MGA is 10.66 vs. an industry ratio of 12.40.

W. P. Carey Inc. (WPC)is reporting for the quarter ending December 31, 2023. The reit company's consensus earnings per share forecast from the 2 analysts that follow the stock is $1.16. This value represents a 10.08% decrease compared to the same quarter last year. In the past year WPC has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 3.13%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for WPC is 12.06 vs. an industry ratio of 12.10.

Plains All American Pipeline, L.P. (PAA)is reporting for the quarter ending December 31, 2023. The oil/gas company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.37. This value represents a 12.12% increase compared to the same quarter last year. PAA missed the consensus earnings per share in the 4th calendar quarter of 2022 by -5.71%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for PAA is 13.01 vs. an industry ratio of 8.70, implying that they will have a higher earnings growth than their competitors in the same industry.

Catalent, Inc. (CTLT)is reporting for the quarter ending December 31, 2023. The drug company's consensus earnings per share forecast from the 7 analysts that follow the stock is $-0.06. This value represents a 109.68% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2024 Price to Earnings ratio for CTLT is 108.65 vs. an industry ratio of 0.00, implying that they will have a higher earnings growth than their competitors in the same industry.

Blue Owl Capital Inc. (OWL)is reporting for the quarter ending December 31, 2023. The finance/investment management company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.17. This value represents a 13.33% increase compared to the same quarter last year. OWL missed the consensus earnings per share in the 1st calendar quarter of 2023 by -6.25%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for OWL is 25.22 vs. an industry ratio of 13.00, implying that they will have a higher earnings growth than their competitors in the same industry.

Essent Group Ltd. (ESNT)is reporting for the quarter ending December 31, 2023. The financial management & related services company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.59. This value represents a 16.06% increase compared to the same quarter last year. ESNT missed the consensus earnings per share in the 4th calendar quarter of 2022 by -13.84%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for ESNT is 8.24 vs. an industry ratio of 4.10, implying that they will have a higher earnings growth than their competitors in the same industry.

Mr. Cooper Group Inc. (COOP)is reporting for the quarter ending December 31, 2023. The financial services company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.37. This value represents a 59.30% increase compared to the same quarter last year. In the past year COOP has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 61.27%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for COOP is 9.71 vs. an industry ratio of 10.60.

Newell Brands Inc. (NWL)is reporting for the quarter ending December 31, 2023. The consumer company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.17. This value represents a 6.25% increase compared to the same quarter last year. NWL missed the consensus earnings per share in the 1st calendar quarter of 2023 by -50%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for NWL is 10.70 vs. an industry ratio of 67.40.

Plains GP Holdings, L.P. (PAGP)is reporting for the quarter ending December 31, 2023. The oil (production/pipeline) company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.32. This value represents a 39.13% increase compared to the same quarter last year. Zacks Investment Research reports that the 2023 Price to Earnings ratio for PAGP is 15.75 vs. an industry ratio of -6.20, implying that they will have a higher earnings growth than their competitors in the same industry.

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