FNArena reporting season monitor: February 2021 - Week 2 (46 stocks covered)
In this wire, we report the ratings, consensus price target changes, and brief summaries of the collective responses from FNArena database brokers for each of the more than 300 stocks they cover.
Here, we look at the first 46 stocks to report this week. Readers should be aware that it doesn't matter what profit or loss resulted from a company. What's important is how the stock fared against consensus forecasts - whether management delivered a "miss" or a "beat".
This monitor will be updated every Friday afternoon, providing a summary of the notable stocks that reported during the week. You can find a calendar of stocks expected to report this week in the pdf below.
Overall, this week was positive, with 58.7% of companies beating expectations. This is down from 62.7% last week, but still impressive with only six companies missing expectations. For commentary, broker buy/hold/sell consensus and updated price targets for these stocks please find the results here.
A calendar of upcoming reports is included in the PDF below.
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