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The Zacks Analyst Blog Highlights: The Procter & Gamble Company, International Business Machines Corp., and Charter Communications, Inc

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For Immediate Release

Chicago, IL – February 2, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: The Procter & Gamble Company PG, International Business Machines Corp. IBM, and Charter Communications, Inc. CHTR.

Here are highlights from Tuesday’s Analyst Blog:

Earnings Season Scorecard and Analyst Reports for P&G, IBM and Charter Communications

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features a real-time scorecard of the Q4 earnings season and new research reports on 16 major stocks, including The Procter & Gamble Company (PG), International Business Machines Corp. (IBM), and Charter Communications, Inc. (CHTR). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

Q4 Earnings Season Scorecard(as of February 1st, 2022)

Including all of this morning's results, we now have Q4 results from 184 S&P 500 members or 36.8% of the index's total membership.

Total earnings for these companies are up +34.6% from the same period last year on +18% higher revenues, with 81.5% beating EPS estimates and 78.3% beating revenue estimates.

While the Q4 growth rates represent deceleration from the pace seen in the first three quarters of the year, which is in-line with what was expected all along. The beats percentages are in-line with what we saw in the preceding period, but otherwise below what we saw in the first half of the year.

For Q4 as a whole, combining the actual results that have come with estimates for the still-to-come companies, total earnings and revenue are expected to be up +24.6% and +13.3% from the same period last year, respectively.

Today's Featured Analyst Reports

Shares of Procter & Gamble have outperformed the Zacks Soap and Cleaning Materials industry over the past year (+27.7% vs. +13.7%). The Zacks analyst believes that PG has been gaining from the resurgence in demand for cleaning products and improved productivity.

Procter & Gamble’s products play a key role in meeting the daily health, hygiene and cleaning needs of consumers, which has been boosting the demand for its hand soaps, detergents and surface cleaning products since the beginning of the pandemic. PG’s fiscal 2022 results benefited from robust top-line growth across all segments driven by robust volume, pricing and mix. Commodity cost inflation, increase in freight costs and pandemic-related woes have been stressing its margins.

(You can read the full research report on Procter & Gamble here >>>)

IBM shares have gained +1.4% over the past six months against the S&P 500’s rise of +3.2%, however, things seem to be improving for it. The Zacks analyst believes that an expanding product portfolio, synergies from Red Hat acquisition and solid uptake of cloud-based digital transformation solutions are expected to boost IBM's growth prospects.

IBM is poised to gain from the spin-off of the legacy infrastructure services business as it focuses on its hybrid cloud strategy. Stiff competition in the cloud computing market from the likes of Amazon Web Services and Microsoft Azure as well as higher debt levels amid extensive restructuring activities remain as major headwinds for IBM.

(You can read the full research report on IBM here >>>)

Shares of Charter Communications have lost -13% in the last three months against the Zacks Cable TV industry’s loss of -7.4%. Charter persistently suffers video-subscriber attrition due to cord-cutting and stiff competition in the streaming space. A leveraged balance sheet is an added concern.

The Zacks analyst, however, believes that Charter continues to benefit from growth in Internet, mobile and advertising revenues. CHTR’s top-line is also gaining from an expanding user base. A spike in Internet usage due to the coronavirus-induced work-from-home and online-learning wave is another tailwind.

(You can read the full research report on Charter Communications here >>>)

Other noteworthy reports we are featuring today include The Boeing Co. (BA) and Lam Research Corp. (LRCX).

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."

Since 1988, the full list has beaten the market more than 2X over with an average gain of +25.3% per year. So be sure to give these hand-picked 7 your immediate attention.

See them now >>

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
International Business Machines Corporation (IBM) : Free Stock Analysis Report
 
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Charter Communications, Inc. (CHTR) : Free Stock Analysis Report
 
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