20 Dow stocks reported earnings that exceeded Wall Street’s expectations this quarter, which is a significant increase over last quarter.
Based on our analysis, we are expecting EXPE to report disappointing results that fail to meet Wall Street’s consensus expectations.
We expect that management will lower 4th quarter guidance which will have a significantly negative impact on the share price as the company relies on Q4 for over half their annual revenues and 100% of their net income.
While we believe that VPRT will deliver a decent quarter, it’s expected that they will join the long list of company’s that have reduced their guidance forecasts.
While the difficult economic climate has certainly had an impact on consumer spending, health insurance is generally not considered a discretionary item.
Based on our analysis, we are expecting MNST to report disappointing results that fail to meet Wall Street’s consensus expectations.