Several prominent companies are scheduled to release their earnings reports before the market opens tomorrow, including UnitedHealth Group (UNH), American Express (AXP), and Blackstone (BX). Investors are keenly anticipating these announcements, given the significant impact they could have on market dynamics.
UnitedHealth Group (UNH) has a consensus earnings estimate of $7.29 per share. Meanwhile, American Express (AXP) is expected to report earnings of $3.47 per share. Blackstone (BX), a leading investment management firm, has a consensus forecast of $1.06 per share.
Other financial heavyweights such as Charles Schwab (SCHW) and Truist Financial (TFC) are also on the earnings docket. Charles Schwab is projected to post $1.01 per share, and Truist Financial is expected to announce earnings of 86 cents per share.
The housing sector will see input from D.R. Horton (DHI), which is projected to report earnings of $2.65 per share. Banking institutions like Fifth Third Bancorp (FITB), State Street (STT), Huntington Bancshares (HBAN), Keycorp (KEY), and Ally Financial (ALLY, Financial) are also set to unveil their earnings. Fifth Third Bancorp has a consensus estimate of 70 cents per share, while State Street is expected to report $2.01 per share. Huntington Bancshares and Keycorp are anticipated to announce earnings of 31 cents and 32 cents per share, respectively. Ally Financial rounds out the list with an expected earnings announcement of 42 cents per share.
These earnings reports will provide crucial insights into the financial health and outlook of these major companies, likely influencing investor sentiment and market movements.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 17 analysts, the average target price for Ally Financial Inc (ALLY, Financial) is $42.83 with a high estimate of $56.00 and a low estimate of $30.00. The average target implies an upside of 34.06% from the current price of $31.95. More detailed estimate data can be found on the Ally Financial Inc (ALLY) Forecast page.
Based on the consensus recommendation from 20 brokerage firms, Ally Financial Inc's (ALLY, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Ally Financial Inc (ALLY, Financial) in one year is $34.04, suggesting a upside of 6.54% from the current price of $31.95. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Ally Financial Inc (ALLY) Summary page.
