Capital One and General Motors are highlighted as companies with strong earnings momentum, with Capital One's consensus earnings estimate rising over 65% in the past three months to $5.50 per share, supported by a 63% buy rating from analysts.
Morgan Stanley's Jeffrey Adelson noted that Capital One is expected to outperform other consumer finance firms, citing synergies that could enhance earnings per share growth through 2027-28. General Motors, despite challenges in the automotive sector, has seen its earnings estimate more than double in the last six months, with analysts projecting a 32% upside.
Wolfe Research's Emmanuel Rosner emphasized GM's potential for continued earnings growth and strong capital returns, alongside plans for new hybrid models and advanced technology by 2028.
Additionally, Abbott Laboratories and Las Vegas Sands are also experiencing upward revisions in earnings estimates, with Abbott's stock up 17.3% over the past three months and Las Vegas Sands' estimates soaring 360% despite recent stock declines. This trend indicates a broader positive sentiment across various sectors, potentially benefiting investors looking for growth opportunities