S&P 500 Q4 Earnings Strong So Far; Booking Holdings, BioMarin Among 5 Stocks Expected to Beat Today
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402 S&P 500 companies have reported Q4 earnings so far, with earnings up 4.9% and 78.6% beating EPS estimates.
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5 large-cap stocks - Booking Holdings, American Homes 4 Rent, Floor & Decor, BioMarin Pharmaceutical, and Pembina Pipeline - are expected to beat Q4 earnings today.
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All 5 stocks have a Zacks Rank of 3 and positive Earnings ESP, indicating a high chance of an earnings beat.
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Booking Holdings is benefiting from travel demand recovery and alternative accommodation growth.
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BioMarin Pharmaceutical has an expected earnings growth rate of 49.4% for 2023.