A third of the S & P 500 companies are set to report earnings next week. As the busiest week of earnings season approaches, here are some companies that have historically posted a beat and rallied afterward. Several big technology, energy and pharmaceutical names are on the schedule. Amazon , Apple , Merck and Exxon Mobil are among the companies slated to release their quarterly results. Wall Street will be looking to see how the results come up against their forecasts and gauging their forward outlook for insights on the health of the broader economy. With this in mind, Bespoke Investment Group screened for companies reporting next week whose quarterly earnings have managed to beat consensus analyst estimates at least 75% of the time. Additionally, the stocks in the screener all have gained on average 1.5% the day of or following their earnings release. Here are the companies that made the cut: Facebook parent company Meta , which reports on Wednesday, is one of the names on the list. The stock has managed to outperform earnings expectations 88% of the time, which has led to an average daily jump of 2% following its quarterly report. Oppenheimer reiterated its outperform rating on Meta shares earlier in the month. Meta’s underperformance relative to the Nasdaq in recent days over China tariff risks and possible repeal of the TikTok ban has effectively de-risked the stock, according to the firm. Meta shares have surged about 32% year to date, which is more than double the broad market index’s gains. However, the stock had declined nearly 8% in July through Wednesday’s close. Mastercard is another stock that made the cut. The credit card company has a 94% beat rate and an average one-day post-earnings return of 1.7%. Mastercard is also slated to report results next Wednesday. Bank of America recently downgraded the stock to neutral from buy, citing limited upside potential. Nonetheless, the majority of analysts covering the stock rate it a buy or a strong buy, and forecast 19% upside potential for the stock from its current levels. Year to date, Mastercard shares are up just 2.1%. Shoe brand Steve Madden historically has managed to top earnings expectations around three-quarters of the time. Shares have advanced an average of 1.7% the day following its quarterly earnings announcement. To be sure, shares are just 4% higher in 2024, and according to analysts, further gains may be limited — the consensus price target indicates just 2.3% upside potential. Wall Street is sticking to the sidelines on the stock, with seven out of nine analysts covering the company rating it a hold. The company will release results on Wednesday. SHOO YTD mountain Steve Madden shares in 2024
