"Top 20 Companies with Surging 2024 Earnings and 3 Dow Stocks to Watch"
A stock screen of S&P 500 companies reveals the 20 companies whose 2024 earnings-per-share (EPS) estimates have seen the most significant increase since June 30. Quarterly earnings can be distorted by one-time items, making long-term EPS estimates more useful for investors. The communications services sector leads the way, with Meta Platforms and Amazon.com among the companies with increased EPS estimates. The overall weighted estimate for 2024 EPS in the S&P 500 has remained relatively unchanged.