A handful of companies reporting results in the upcoming week could see an earnings-powered boost. Next week is slated to be the busiest one of the earnings season, with one-third of the S & P 500 and 10 names in the 30-stock Dow Jones Industrial Average due to report their latest earnings. Megacap titans Microsoft , Amazon and Apple will headline the week, alongside other names within the travel, pharmaceuticals, energy and restaurant sectors.
So far, about 36% of the S & P 500 companies have reported, and more than 7 out of 10 have posted an earnings beat, according to FactSet. CNBC Pro screened FactSet for the companies reporting earnings next week that could receive a positive earnings surprise and see a jump in their shares. To be included in the table, the stocks had to meet the following criteria: Have buy ratings from at least 55% of the analysts covering Have earnings per share estimates up at least 10% in the past three and six months Expected to rise at least 15% in the next 12 months Here is a look at the stocks that stood out.
Insurance firm MetLife is slated to report earnings next Wednesday. In all, 65% of analysts covering the name have rated it as a buy, while the average price target implies a potential upside of about 30%. Earlier this month, TD Cowen initiated coverage of the name at a buy rating .
"MET's attractive mix includes two-thirds of earnings from group benefits and international. We forecast 10%+ EPS growth with relatively low macro sensitivity,".