In a new report, analysts at Wells Fargo took a closer look at companies within their coverage universe and decided to raise 2015 earnings estimates for 10 names.
Here’s a breakdown of the changes they made.
Philip Morris International Inc. PM 0.17%
Analysts raised 2015 EPS estimates from $4.24 to $4.43 and see recovery in the company’s European business on track.
Unilever N.V. UN 1%
Analysts raised 2015 EPS estimates from €1.79 to €1.87 on higher sales predictions and growing forex flow through.
BlackRock, Inc. BLK 0.65%
Analysts raised 2015 EPS estimates from $19.85 to $20.40 on strong growth expectations.
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First Republic Bank FRC 0.03%
Analysts raised 2015 EPS estimates from $2.92 to $3.02 on the strength of record-level Q1 originations.
PrivateBancorp Inc PVTB 0.11%
Analysts raised 2015 EPS estimates from $2.10 to $2.15 in anticipation of the benefits of higher rates.
The Goldman Sachs Group Inc GS 0.5%
Analysts raised 2015 EPS estimates from $17.50 to $18.50 on the strength of the company’s Q1 numbers and the increasing clarity of the post-crisis “new normal.”
AutoNation, Inc. AN 1.31%
Analysts raised 2015 EPS estimates from $3.90 to $3.93 on strong auto sales and favorable truck mix so far this year.
Sonoco Products Co SON 0.8%
Analysts raised 2015 EPS estimates from $2.60 to $2.62 on strong growth projections.
International Game Technology IGT 0.6%
Analysts raised 2015 EPS estimates from $0.90 to $1.92 on the strength of the company’s free cash flow generation, favorable industry position and product diversification.
Alliance Data Systems Corporation ADS 0.51%
Analysts raised 2015 EPS estimates from $14.92 to $14.94 on the strength of Q1 earnings and upward revisions in the company’s latest guidance for the remainder of 2015.
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