As investors brace for a busy day of earnings reports, Verizon Communications Inc. (VZ) is set to release its financial results before tomorrow's market opening. Analysts have forecasted an earnings per share (EPS) of $1.15 for the telecommunications giant. This expected figure will be closely watched as it reflects the company's performance amid the evolving market environment.
Verizon is among a list of prominent companies disclosing their earnings, including GE Aerospace (GE) with a consensus EPS of $1.27, and RTX Corp. (RTX) where analysts predict an EPS of $1.37. Other notable firms reporting include Danaher (DHR, Financial) with expectations of $1.64 per share, and Lockheed Martin (LMT), which is anticipated to announce an EPS of $6.31. Elevance Health (ELV) leads the list with an expected EPS of $11.48.
In the defense and aerospace sector, Northrop Grumman (NOC) is projected to reveal an EPS of $6.26, aiming to match formidable expectations. Additionally, industrial and consumer goods companies like 3M (MMM) and Kimberly-Clark (KMB) are expected to report EPS figures of $1.77 and $1.89, respectively.
Overall, tomorrow promises key insights for investors as they assess company performances against analyst forecasts, with Verizon's results being a particular focus in the telecommunications sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 22 analysts, the average target price for Danaher Corp (DHR, Financial) is $252.43 with a high estimate of $310.00 and a low estimate of $205.00. The average target implies an upside of 37.87% from the current price of $183.10. More detailed estimate data can be found on the Danaher Corp (DHR) Forecast page.
Based on the consensus recommendation from 28 brokerage firms, Danaher Corp's (DHR, Financial) average brokerage recommendation is currently 1.8, 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 Danaher Corp (DHR, Financial) in one year is $242.21, suggesting a upside of 32.29% from the current price of $183.0955. 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 Danaher Corp (DHR) Summary page.
