Nearly 80% of the S & P 500 companies that have reported their second-quarter results have reported an earnings beat, according to FactSet.
Retail and restaurant companies will begin to announce their earnings this week, including Ralph Lauren and Wendys.
Given this backdrop, CNBC Pro searched for S & P 500 companies reporting this week which analysts forecast having earnings momentum.
Analysts are forecasting earnings per share to come in at $2.64, according to FactSet.
More than 81% of analysts covering the stock rate it a buy or strong buy, according to Refinitiv.
Persons:
Ralph Lauren, Wendys, Refinitiv, WYNN
Organizations:
Media, Paramount Global, Fox, Fox , New York Times, News Corp, Disney, CNBC Pro, Charles River Laboratories, Wynn Resorts, Energy
Locations:
Fox ,, Insulet