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July 18, 2022 Pre-Market Earnings Report: BAC, SCHW, GS, PLD, SYF, GNTY


JThe following companies are expected to report earnings before the market opens on 07/18/2022. See our results calendar for a full list of expected results releases.

Bank of America Corporation (BAC) reports for the quarter ending June 30, 2022. The banking firm’s consensus earnings-per-share forecast from the 11 analysts who track the stock is $0.77. This value represents a decrease of 25.24% compared to the same quarter last year. Over the past year, BAC has exceeded expectations every quarter. The highest was in the 1st calendar quarter where they beat consensus by 5.26%. Zacks Investment Research reports that the 2022 price-to-earnings ratio for BAC is 9.16 versus an industry ratio of 9.30.

The Charles Schwab Company (SCHW) reports for the quarter ending June 30, 2022. The investment banking firm’s consensus earnings-per-share forecast from the 7 analysts who track the stock is $0.91. This value represents an increase of 30.00% compared to the same quarter last year. The past two quarters, SCHW has had negative earnings surprises; the last report they missed by -9.41%. Zacks Investment Research reports that the 2022 price-to-earnings ratio for SCHW is 15.73 versus an industry ratio of 11.80, implying that they will have higher earnings growth than their competitors in the same industry.

Goldman Sachs Group, Inc. (GS) reports for the quarter ending June 30, 2022. The investment banking firm’s consensus earnings per share forecast from the 9 analysts who track the stock is $6.99. This value represents a decrease of 53.46% compared to the same quarter last year. GS missed consensus earnings per share in the 4th calendar quarter of 2021 by -10.66%. Zacks Investment Research reports that the 2022 price-to-earnings ratio for GS is 8.10 versus an industry ratio of 11.80.

ProLogis, Inc. (PLD) reports for the quarter ending June 30, 2022. The REIT’s consensus earnings-per-share forecast from the 8 analysts who track the stock is $1.12. This value represents an increase of 10.89% compared to the same quarter last year. Over the past year, PLD has exceeded expectations every quarter. The highest was in the 1st calendar quarter where they beat consensus by 0.93%. Zacks Investment Research reports that the 2022 price-to-earnings ratio for PLD is 22.89 versus an industry ratio of 21.10, implying that they will have higher earnings growth than their competitors in the same industry.

Synchrony Financial (SYF) reports for the quarter ending June 30, 2022. The financial services company’s consensus earnings-per-share forecast from 15 analysts who track the stock is $1.47. This value represents a decrease of 30.66% compared to the same quarter last year. Over the past year, SYF has exceeded expectations every quarter. The highest was in the 1st calendar quarter where they beat consensus by 13.07%. Zacks Investment Research reports that the 2022 price-to-earnings ratio for SYF is 5.33 versus an industry ratio of 14.70.

Bancshares, Inc. Warranty (GNTY) reports for the quarter ending June 30, 2022. The banking firm’s (Southwest) consensus earnings per share forecast from the 2 analysts who track the stock is $0.79. This value represents an increase of 2.60% compared to the same quarter last year. Over the past year, GNTY has exceeded expectations every quarter. The highest was in the 1st calendar quarter where they beat consensus by 26.76%. Zacks Investment Research reports that the 2022 price-to-earnings ratio for GNTY is 10.60 versus an industry ratio of 11.40.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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