General Motors and Capital One are scheduled to report this week with consensus earnings estimates above earlier levels, as 70 S&P 500 companies prepare to release results.
The current General Motors consensus for earnings per share is more than twice the estimates recorded at both earlier checkpoints, three and six months ago. Capital One’s consensus for its upcoming report is $5.50 per share, more than 65% above its level three months earlier.
Las Vegas Sands and Abbott Laboratories are also among the companies reporting this week. Las Vegas Sands’ per-share consensus reached 74 cents after rising 360% over six months. Its shares lost 10% in August and 14% in September.
Abbott Laboratories’ stock was 17.3% higher at Friday’s close than three months earlier. More than 64% of analysts covering Abbott rated its stock a buy. The companies’ earnings reports are scheduled for this week.
