Earnings season is always an exciting time for investors. Companies finally unveil what’s been happening behind the curtain. As we continue to trudge through this season, the spotlight shifts to big names in the technology and agriculture sectors. Investors have been riding the wave of positive post-earnings momentum, and next week looks to bring another flurry of reports, featuring Arista Networks ANET, Shopify SHOP, and Deere DE
Arista Networks
Arista Networks have seen their shares surge, up nearly 100% over the last year, benefiting from the AI frenzy. The company is expected to deliver solid growth, with a 20% year-over-year improvement expected, boasting a Zacks Rank #1 (Strong Buy).
Shopify
Shopify’s upcoming release has seen a notable shift towards brighter expectations, with a 30% increase in the Zacks Consensus EPS estimate since November. Analysts anticipate significant revenue growth, up by 20% for the upcoming release, and the company currently holds a Zacks Rank #1 (Strong Buy).
Deere
Illinois-based Deere has seen a downshift in outlook since November, with a nearly 11% drop in the Zacks Consensus EPS Estimate. The company’s top line growth has remained steady, even as sales estimates take a dip, and the stock currently holds a Zacks Rank #3 (Hold).
Bottom Line
With the ongoing stream of earnings reports, investors are eagerly awaiting the results. Companies like Arista Networks ANET, Deere DE, and Shopify SHOP will move the markets next week.