This week, 70 companies in the S&P 500 index report quarterly results, including Capital One and General Motors which stand out with marked upward momentum. Capital One’s earnings per share estimate has surged more than 65% over the past three months to reach $5.50 per share, with 63% of analysts recommending buying the stock. General Motors shows a 100% increase in earnings estimates over three and six months, with 32% upside potential according to FactSet. Abbott Laboratories is up 17.3% over three months with 64% buy ratings, while Las Vegas Sands has seen its earnings estimates explode by 360% to $0.74 per share over six months.
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