Several companies are reporting earnings this week, including Procter & Gamble (PG), Baker Hughes (BKR), United Rentals (URI), Valero Energy (VLO), and D.R. Horton (DHI). CI Markets forecasted share prices for these companies for January 2024, with actual Month-to-Date (MTD) values slightly deviating from the forecasts. D.R. Horton reported Q1 24 earnings with adjusted EPS at $2.82, slightly below expectations, and revenue at $7.70B, exceeding expectations. However, the stock slumped as earnings narrowly missed and costs rose, leading to a plunge in the stock price, which is seen as a bad omen for homebuilders.
IBM ($IBM) earnings this week. ➡️ Our Jan 2024 CI Markets forecast for IBM $166.40, while the actual Month-to-Date (MTD) is 164.68. 🎯 Our 1-month forward error averages at 0.51%. 📊 We forecast ~1,000 stocks & ETFs weekly. Begin for free. Learn more at https://t.co/h1Xyb5ayop https://t.co/MGWJ4Rnhwr
Netflix ($NFLX) earnings this week! ➡️ CI Markets predicted price for Jan 2024 is $481.95. Actual Month-to-Date (MTD) is 481.67. 🎯 Our 1-month forward error averages at 2.6%. 📊 Explore forecasts for over 1,000 stocks & ETFs weekly. Get started free at https://t.co/h1Xyb5ayop https://t.co/vBjtjGTXK2
#Earnings: D.R. Horton / $DHI reports this week. ➡️For Jan 2024, CI Markets forecast DHI share price at $153.97, with actual MTD at 152.29 🎯2.77% average 1-mo forward error. 📊We forecast ~1,000 stocks & ETFs every week. Start free. Find out more here: https://t.co/h1Xyb5ayop https://t.co/CCUITRUuMC
D.R. Horton’s stock dives as lower prices for new homes hurt profits https://t.co/d5RK14Havy
DR Horton Stock Plunges On Earnings - A Bad Omen For Homebuilders https://t.co/0xFyjILXHF $dhi $itb $phm $kbh $lgih
Builders Tumble Most Since October on D.R. Horton Earnings Miss
$DHI (-5.5% pre) D.R. Horton Stock Slumps As Earnings Narrowly Miss, Costs Rise - IBD https://t.co/z9pqIIWvsu
$DHI | DR Horton Q1 24 Earnings: - Adj EPS: $2.82 (exp $2.89) - Revenue: $7.70B (exp $7.62B) - Sees FY Revenue $36.0B To $37.7B (prev $36.0B To $37.0B)
🔸Companies Reporting Before The Bell 🔸 $DHI expected earnings at $2.88 per share, revenue of $7.60B 🔸 $GE expected earnings at $0.90 per share, revenue of $17.42B 🔸 $HAL expected earnings at $0.80 per share, revenue of $5.78B 🔸 $IVZ expected earnings at $0.40 per share,…
#Earnings: D.R. Horton / $DHI reports this week. ➡️For Jan 2024, CI Markets forecast DHI share price at $153.97, with actual MTD at 152.29 🎯2.77% average 1-mo forward error. 📊We forecast nearly 1,000 stocks and ETFs every week. Start for free. Find out more here:… https://t.co/xtJ80zLeYX
#Earnings: Valero Energy / $VLO reports this week. ➡️For Jan 2024, CI Markets forecast VLO share price at $128.59, with actual MTD at 128.81 🎯0.98% average 1-mo forward error. 📊We forecast nearly 1,000 stocks and ETFs every week. Start for free. Find out more here:… https://t.co/2ODtE2TZyJ
#Earnings: United Rentals / $URI reports this week. ➡️For Jan 2024, CI Markets forecast URI share price at $562.23, with actual MTD at 556.39 🎯3.02% average 1-mo forward error. 📊We forecast nearly 1,000 stocks and ETFs every week. Start for free. Find out more here:… https://t.co/mlMb12QqUp
#Earnings: Baker Hughes / $BKR reports this week. ➡️For Jan 2024, CI Markets forecast BKR share price at $31.15, with actual MTD at 31.89 🎯1.24% average 1-mo forward error. 📊We forecast nearly 1,000 stocks and ETFs every week. Start for free. Find out more here:… https://t.co/3xDvvZJ2SL
#Earnings: Procter & Gamble / $PG reports this week. ➡️For Jan 2024, CI Markets forecast PG share price at $148.89, with actual MTD at 148.94 🎯1.17% average 1-mo forward error. 📊We forecast nearly 1,000 stocks and ETFs every week. Start for free. Find out more here:… https://t.co/fT3IwCccUJ