A number of corporations are as a result of report earnings subsequent week, together with some potential standouts. Earnings season is ramping up, with 22% of S & P 500 members anticipated to publish their quarterly outcomes subsequent week. Thus far, a lot of the constituents which have reported third-quarter earnings have exceeded earnings and income expectations, in keeping with FactSet. In opposition to this backdrop, CNBC Professional screened Bespoke Funding Group knowledge to search out names reporting subsequent week that are inclined to positively shock buyers and boast robust postearnings performances. The businesses beneath have exceeded the Avenue’s earnings per share expectations 70% of the time and have risen 2% or extra on earnings day. Listed below are the names that met this standards: ServiceNow tends to make the largest postearnings acquire of the record at about 3.3%, the information reveals. The enterprise software program large additionally has the most-reliable historic earnings efficiency, beating analysts’ earnings per share estimates 90% of the time. Wells Fargo analyst Michael Turrin is bullish on the inventory. He lately reiterated his obese score on ServiceNow and raised his value goal on the inventory to $1,025 per share from $935. That new name suggests greater than 11.5% potential upside for the inventory, which is up 30.3% this yr. “We proceed to give attention to the best high quality franchises, and are tending towards these companies with robust platform positioning, balanced development profiles, and administration groups with confirmed monitor data — of which NOW meets all three standards,” Turrin stated in an Oct. 6 observe to purchasers. He added that ServiceNow’s Xanadu product launch is a “main step ahead” in constructing the corporate’s synthetic intelligence imaginative and prescient. ServiceNow introduced on Monday it could make investments $1.5 billion within the U.Okay. over the following 5 years, because it grows its U.Okay. enterprise amid higher knowledge heart infrastructure and AI demand. Energy circuits maker Monolithic Energy has a powerful earnings beat fee of 88%. Shares of Monolithic Energy are up greater than 48.5% this yr, outperforming the broader market. The inventory tends to maneuver about 2.6% on earnings day, per Bespoke. Monolithic is one other title set to capitalize on AI-related development, in keeping with Oppenheimer analyst Rick Schafer. He named Monolithic amongst his prime semi picks on Tuesday and stated he expects main AI-exposed corporations to ship upside outcomes and outlook following the group’s correction yr in 2023. Impinj additionally made the record, with its earnings beating expectations 88% of the time and the inventory gaining 3.2% in a median postreport session. The corporate, which makes radio-frequency identification units, has been a firecracker this yr, gaining about 160.3% yr thus far. However analysts polled by FactSet suppose shares could take a dive, as their consensus value goal implies roughly 13.6% draw back forward. Nonetheless, they’ve a consensus purchase score on the inventory. PI YTD mountain Impinj inventory.