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MINNEAPOLIS--(BUSINESS WIRE)--The complete earnings release can be found on the firm's website at pipersandler.com/earnings.

FTI Consulting NYSE: FCN reported third-quarter 2026 revenue above $1 billion for the first time, with growth across all five business segments and record adjusted earnings per share. Management said the results reflected a return to the company’s longer-term growth trajectory after an approximately 18-month period in which weakness at its Compass Lexecon economic consulting business weighed on consolidated performance.

Revenue rose 6% year over year, while adjusted EBITDA increased 18% to $153.7 million. Adjusted EBITDA margin expanded 150 basis points to 15.2%. Adjusted EPS reached a record $3.84, up 48% from $2.60 in the prior-year quarter.

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GAAP EPS was $2.35, compared with $2.60 a year earlier. The company said GAAP results included a $46 million special charge, equivalent to $1.36 per share, and $4.5 million of extraordinary litigation-related expenses, or $0.13 per share.

Leadership cites recovery in economic consulting
CEO and Chairman Steve Gunby said the quarter included favorable items such as unusually high success fees and a lower tax rate, but he said underlying performance also improved materially. After normalizing for those items, Gunby said he had “a hard time getting the number below $2.90 a share,” compared with average adjusted EPS in the low-$2 range over the preceding four quarters.

Gunby attributed much of the company’s recent relative underperformance to disruption in Compass Lexecon. He said FTI’s economic consulting segment had generally generated $25 million to $30 million of quarterly adjusted EBITDA in 2023 and 2024, but its cumulative adjusted EBITDA over the most recent four quarters was approximately zero.

“The dislocation that we have been working through in Compass Lexecon” was the principal factor obscuring progress elsewhere in the business, Gunby said. He added that the segment became accretive to year-over-year results during the third quarter, though he cautioned investors not to expect an immediate return to its historical profitability levels.

Gunby said the company issued significant forgivable loans in connection with retaining and recruiting talent during the disruption. He expects their amortization to remain a factor, estimating that approximately $50 million of forgivable loans could be amortized this year, with a comparable level possible next year under current contracts.

Targeted workforce actions expected to yield $80 million in annual savings
CFO Angela Nam said FTI recorded a $46 million third-quarter special charge, including $45.5 million in salary and benefits costs tied to targeted headcount actions and $500,000 of non-cash real estate-related costs. The actions affected all segments and regions, but were concentrated in the Middle East and the United Kingdom, as well as selected investments in EMEA and Asia-Pacific.

The company also cited construction solutions operations primarily outside the U.S. and certain strategic communications activities as areas affected by the actions. Nam said FTI is shifting strategic communications toward higher-margin, event-driven work.

FTI expects an additional $7 million special charge in the fourth quarter, including approximately $2 million in salary and benefits costs and $5 million in real estate-related costs. The third- and fourth-quarter actions are expected to generate approximately $80 million in annualized cost savings.

About 4% of FTI’s total employees were affected by the actions. Approximately 230 impacted employees remained included in third-quarter headcount because of varied notice periods, with most expected to depart by the end of the fourth quarter. Nam said the company expects about $15 million of benefits from the actions during the fourth quarter.

Gunby characterized the actions as responses to investments or market positions that were not working as intended rather than a reaction to normal cyclical demand weakness. He said the company generally seeks to retain strong employees through down cycles, but will exit or address bets that do not offer a credible path to improvement.

Segment results included record success fees and growth across businesses

Corporate Finance & Restructuring: Revenue increased 5%, aided by higher success fees and realized bill rates. Adjusted segment EBITDA rose 7% to a record $102.8 million. Record success fees of $40.7 million included a particularly large fee from a transactions assignment involving the sale of a loan portfolio for the Federal Reserve Bank of Boston.
Forensic and Litigation Consulting: The segment delivered record revenue, despite lower volumes in global risk and investigations and data and analytics. Nam attributed the lower volume largely to reduced regulatory enforcement. Adjusted segment EBITDA was $38 million, compared with $42.6 million a year earlier, when the segment benefited from a legal gain contingency.
Economic Consulting: Revenue increased 9%, driven by non-M&A and M&A-related antitrust demand in North America and EMEA. Adjusted segment EBITDA increased $18.5 million year over year.
Technology: Revenue grew 10%, supported by demand for M&A-related second requests and antitrust services across North America, EMEA and Asia-Pacific. Adjusted segment EBITDA increased $2.4 million, and margin rose 100 basis points to 15.5%.
Strategic Communications: Revenue rose 13%, led by public affairs and corporate reputation demand. The business supported transactions involving Prologis, SEGRO and McCormick-Unilever Foods, among others.

Management said demand remains uneven in major end markets. The company cited lower overall volumes in restructuring, M&A and regulatory work as it enters the seasonally slower fourth quarter. In particular, FTI said announced deal volume slowed notably in the third quarter, while reduced U.S. regulatory enforcement and the completion of several large engagements created headwinds for Forensic and Litigation Consulting.

Guidance updated for earnings
FTI reaffirmed its full-year revenue outlook of $3.94 billion to $4.1 billion. It raised its adjusted EPS guidance to $9.50 to $10.00 from a previous range of $9.10 to $9.70, while forecasting GAAP EPS of $7.55 to $8.05.

The company said its adjusted EPS outlook excludes expected third- and fourth-quarter special charges of $1.55 per share and extraordinary litigation-related expenses of $0.40 per share. FTI expects fourth-quarter economic consulting adjusted segment EBITDA to be closer to its second-quarter level, reflecting third-quarter benefits that it does not expect to recur, including a paid-time-off true-up and lower bad debt.

During the quarter, FTI repurchased approximately 524,000 shares for $79.4 million, at an average price of $151.55 per share. Through the first nine months of 2026, the company repurchased 3.9 million shares for an average of $153.09 per share. Total debt fell to $852 million at Sept. 30 from $1 billion at June 30, following $168 million in debt repayment during the quarter.

About FTI Consulting (NYSE:FCN)FTI Consulting, Inc is a global business advisory firm that helps organizations address complex financial, legal, operational and reputational challenges. The company provides independent expertise to corporations, law firms, financial institutions, government agencies and other organizations involved in major disputes, transactions, investigations, restructurings and regulatory matters.

FTI Consulting operates through several practice areas, including Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology and Strategic Communications.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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Newell Brands (NWL - Free Report) came out with quarterly earnings of $0.2 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.

A quarter ago, it was expected that this consumer products company would post earnings of $0.19 per share when it actually produced earnings of $0.42, delivering a surprise of +121.05%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Newell Brands, which belongs to the Zacks Consumer Products - Staples industry, posted revenues of $1.87 billion for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 1.14%. This compares to year-ago revenues of $1.81 billion. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Newell Brands shares have added about 36.6% since the beginning of the year versus the S&P 500's gain of 12.8%.

What's Next for Newell Brands?While Newell Brands has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Newell Brands was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.19 on $1.92 billion in revenues for the coming quarter and $0.76 on $7.32 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Consumer Products - Staples is currently in the bottom 18% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Krispy Kreme (DNUT - Free Report) , another stock in the same industry, has yet to report results for the quarter ended September 2026. The results are expected to be released on November 5.

This doughnut wholesaler and retailer is expected to post quarterly earnings of $0.02 per share in its upcoming report, which represents a year-over-year change of +100%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Krispy Kreme's revenues are expected to be $316.04 million, down 15.8% from the year-ago quarter.

Five dividend stocks are paying out in November, but three of them stop accepting new buyers as early as today. Miss the window by even one day and the payment goes to whoever sold you the shares.

Three of these five stocks go ex-dividend on Monday, November 2, so today, Friday, October 30, is the last day to buy them and still receive the next payment. The other two cutoffs come later next week, on November 5 and November 6. All five payments arrive in November.

How the timing works: the ex-dividend date is the cutoff. You have to own the shares before that date to receive the payout. If you buy on or after it, the payment goes to the seller. The pay date is when the cash reaches your account.

East West Bancorp (EWBC): Cutoff Is Today
East West Bancorp (NASDAQ:EWBC | EWBC Price Prediction) is paying $0.80 a share on November 17. Shares go ex-dividend on November 2, which makes today the last day to buy. The annualized $3.20 works out to a 2.4% yield at a $132.80 share price. The yield looks low mostly because the stock is up 20.48% year to date.

The payout looks well covered. Against Q2 2026 EPS of $2.63, the quarterly dividend is about a 30% payout ratio. Net income rose 17% year over year to $363.7 million, and the bank has raised its quarterly dividend from $0.55 in 2024 to $0.60 in 2025 and $0.80 in 2026. Watch credit quality. Nonperforming assets rose to 0.29% of total assets, and net charge-offs were 19 bps.

NVE Corp (NVEC): Big Yield, Thin Coverage
NVE Corp (NASDAQ:NVEC) is paying $1.00 a share on November 30. Shares also go ex-dividend on November 2, so today is the deadline. At $78.39, the $4 annual payout yields 5.1%. Part of that yield comes from a falling share price: the stock is down 29.42% over the past month, despite a 14.67% rebound over the past week.

Coverage on an earnings basis is weak. Fiscal Q2 EPS came in at $0.65, which means the dividend took about 154% of earnings. Over the first half of the fiscal year, EPS of $1.97 covered roughly 102% of the dividend, essentially break-even. Q2 revenue fell 19.7% to $5.83 million. The balance sheet is the buffer: $44.39 million in cash and marketable securities, only $1.89 million in total liabilities, and no debt. The $1 payment has held steady every quarter since 2021, but it depends on earnings recovering.

Dorchester Minerals (DMLP): Variable Payout, Same-Day Deadline
Dorchester Minerals (NASDAQ:DMLP) pays $0.882297 per unit on November 12. Shares go ex-dividend on November 2, so today is also the last day to buy. Trailing 12-month distributions of $3.193574 give a 10.3% yield at $31.05. If you annualize the current quarter instead, the yield is 11.4%.

The distribution changes every quarter. This one is down 30.7% from the prior $1.272943, and 2026 payments have run from $0.475036 to that high. Dorchester is a royalty partnership that passes through its current cash receipts from royalty and net profits interests, so payouts rise and fall with oil and gas prices and production. The prior quarter also benefited from a non-recurring Midland County, TX settlement.

For an MLP, the right test is distributable cash flow. Because Dorchester pays out what it takes in, the distribution is covered by design, but the dollar amount is never fixed. Q2 operating revenue rose 73% to $56.08 million.

Wintrust Financial (WTFC): Lowest Payout Ratio on the List
Wintrust Financial (NASDAQ:WTFC) is paying $0.55 a share on November 19. With an ex-date of November 5, the last day to buy is Wednesday, November 4. The yield is 1.4% at $154.86.

The yield is small but very well covered. Q3 EPS of $3.37 beat the $3.31 consensus and brings the payout ratio near 16%. Net income rose 11% to $239.05 million, and the dividend has increased from $0.45 in 2024 to $0.55 in 2026. On the risk side, net charge-offs rose to 15 bps from 10 bps, and office commercial real estate exposure is $1.66 billion.

SiriusXM (SIRI): Last Cutoff of the Week
SiriusXM (NASDAQ:SIRI) is paying $0.27 a share on November 23. Shares go ex-dividend on November 6, so the last day to buy is Thursday, November 5. The yield is 3.8% at $28.45. Shares are up 46.86% year to date, but still down 43.5% over five years.

Q3 EPS was $0.78, missing the $0.79 estimate, for a payout ratio of about 35%. Free cash flow of $293 million covered the $91 million in dividends paid, a 31% cash payout, and full-year free cash flow guidance was raised to about $1.40 billion. The main risks are debt, with long-term debt of about $9.45 billion as of Q2, and a 7% drop in Pandora monthly active users.

Three Deadlines Close Today
The first cutoff is today for East West, NVE, and Dorchester, all of which go ex-dividend on November 2. Wintrust and SiriusXM give you until November 4 and November 5. Buying a stock to take in one payment rarely pays off, because share prices usually drop by about the dividend amount when the stock goes ex-dividend, so payout coverage matters more than the deadline. Still, the timing rule doesn’t bend: if you miss the ex-date, you miss that payment.

Contact [email protected] for any questions or corrections.

Organon (OGN - Free Report) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $1.01 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +3.30%. A quarter ago, it was expected that this pharmaceutical company would post earnings of $0.87 per share when it actually produced earnings of $0.85, delivering a surprise of -2.3%.

Over the last four quarters, the company has surpassed consensus EPS estimates just once.

Organon, which belongs to the Zacks Medical Services industry, posted revenues of $1.57 billion for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 0.43%. This compares to year-ago revenues of $1.6 billion. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Organon shares have added about 92.6% since the beginning of the year versus the S&P 500's gain of 12.8%.

What's Next for Organon?While Organon has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Organon was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.82 on $1.53 billion in revenues for the coming quarter and $3.37 on $6.08 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical Services is currently in the top 42% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the same industry, DocGo Inc. (DCGO - Free Report) , is yet to report results for the quarter ended September 2026.

This company is expected to post quarterly loss of $0.04 per share in its upcoming report, which represents a year-over-year change of +63.6%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

DocGo Inc.'s revenues are expected to be $76.97 million, up 8.7% from the year-ago quarter.

CBOE Global (CBOE - Free Report) came out with quarterly earnings of $3.63 per share, beating the Zacks Consensus Estimate of $3.43 per share. This compares to earnings of $2.67 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +5.83%. A quarter ago, it was expected that this holding company for the Chicago Board Options Exchange would post earnings of $3.45 per share when it actually produced earnings of $3.56, delivering a surprise of +3.19%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

CBOE, which belongs to the Zacks Securities and Exchanges industry, posted revenues of $712.2 million for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 0.99%. This compares to year-ago revenues of $605.5 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

CBOE shares have added about 25.2% since the beginning of the year versus the S&P 500's gain of 12.8%.

What's Next for CBOE?While CBOE has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for CBOE was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $3.39 on $707.36 million in revenues for the coming quarter and $13.96 on $2.87 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Securities and Exchanges is currently in the top 42% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the same industry, OTC Markets Group Inc. (OTCM - Free Report) , is yet to report results for the quarter ended September 2026.

This company is expected to post quarterly earnings of $0.75 per share in its upcoming report, which represents a year-over-year change of +5.6%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

OTC Markets Group Inc.'s revenues are expected to be $33.99 million, up 7.4% from the year-ago quarter.

Shares of SharkNinja, Inc. (SN - Free Report) have been strong performers lately, with the stock up 16.3% over the past month. The stock hit a new 52-week high of $209.55 in the previous session. SharkNinja, Inc. has gained 86.9% since the start of the year compared to the -11.8% gain for the Zacks Consumer Discretionary sector and the 8.6% return for the Zacks Consumer Products - Discretionary industry.

What's Driving the Outperformance?The stock has a great record of positive earnings surprises, having beaten the Zacks Consensus Estimate in each of the last four quarters. In its last earnings report on August 5, 2026, SharkNinja, Inc. reported EPS of $1.26 versus consensus estimate of $1.1.

For the current fiscal year, SharkNinja, Inc. is expected to post earnings of $6.55 per share on $7.48 in revenues. This represents a 24.05% change in EPS on a 16.93% change in revenues. For the next fiscal year, the company is expected to earn $7.6 per share on $8.43 in revenues. This represents a year-over-year change of 16.13% and 12.64%, respectively.

Valuation MetricsSharkNinja, Inc. may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.

On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.

SharkNinja, Inc. has a Value Score of F. The stock's Growth and Momentum Scores are A and C, respectively, giving the company a VGM Score of B.

In terms of its value breakdown, the stock currently trades at 31.9X current fiscal year EPS estimates, which is a premium to the peer industry average of 15X. On a trailing cash flow basis, the stock currently trades at 34.4X versus its peer group's average of 8.2X. Additionally, the stock has a PEG ratio of 2.22. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.

Zacks RankWe also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, SharkNinja, Inc. currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.

Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if SharkNinja, Inc. fits the bill. Thus, it seems as though SharkNinja, Inc. shares could have a bit more room to run in the near term.

How Does SN Stack Up to the Competition?Shares of SN have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is The RealReal, Inc. (REAL - Free Report) . REAL has a Zacks Rank of #2 (Buy) and a Value Score of D, a Growth Score of A, and a Momentum Score of C.

Earnings were strong last quarter. The RealReal, Inc. beat our consensus estimate by 100.00%, and for the current fiscal year, REAL is expected to post earnings of $0.26 per share on revenue of $791.66 million.

Shares of The RealReal, Inc. have gained 26.8% over the past month, and currently trade at a forward P/E of 113.5X and a P/CF of 165.69X.

The Consumer Products - Discretionary industry may rank in the bottom 78% of all the industries we have in our universe, but there still looks like there are some nice tailwinds for SN and REAL, even beyond their own solid fundamental situation.

Key Takeaways e.l.f. Beauty's Q2 revenues are expected to jump 36.8% to $470.6 million, while EPS may fall 10.3%. Product launches, strategic pricing and momentum in e.l.f. SKIN and Naturium may have boosted sales. Rhode's European expansion may have fueled growth, while marketing costs and retail shifts pressured margins. e.l.f. Beauty, Inc. (ELF - Free Report) is likely to witness top-line growth when it reports second-quarter fiscal 2027 earnings on Nov. 4. The Zacks Consensus Estimate for revenues is pegged at $470.6 million, indicating a 36.8% increase from the year-ago reported number.

The consensus mark for earnings has risen by a penny over the past 30 days to 61 cents a share, though it suggests a decline of 10.3% from the year-ago period’s figure. ELF has a trailing four-quarter surprise of 61.5%, on average.

Factors Likely to Influence ELF’s Upcoming Resultse.l.f. Beauty's second-quarter results are likely to benefit from improving trends in its core e.l.f. Cosmetics business, supported by targeted pricing actions and strengthening unit momentum. The company's decision to maintain lower prices on approximately 10% of its SKUs may have stimulated consumer demand while reinforcing its value proposition. Favorable comparisons against the year-ago period, when the company temporarily halted shipments on orders that did not reflect its price increase, are also expected to have supported organic sales growth.

Product innovation and category expansion are likely to have provided additional momentum. Encouraging consumer response to the fall 2026 cosmetics launches, introduced in July, may have strengthened demand and supported market share. The expansion into haircare through e.l.f. Hair's exclusive partnership with Target, alongside continued momentum in e.l.f. SKIN and Naturium, could have further aided performance.

The company's international expansion initiatives are also likely to have bolstered revenues. Rhode's planned September launch across 19 European countries through Sephora, supported by associated pipeline shipments, is expected to have been a significant growth driver. Improving trends for the core e.l.f. brand in the U.K. and Germany, supported by marketing initiatives and expanded distribution, may have provided additional impetus. Management anticipated total net sales growth in the mid-30% range for the quarter.

However, profitability could have faced pressure from increased marketing and digital investments, alongside targeted price reductions. Management planned to reinvest the tariff refunds received in the first quarter across the remaining fiscal year, primarily through marketing and pricing initiatives. Rhode's continued shift toward retail distribution may have weighed on gross margins, partly offsetting benefits from lower year-over-year tariff rates and earlier price increases.

Earnings Whispers for ELFOur proven model doesn’t conclusively predict an earnings beat for e.l.f. Beauty this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here.

 e.l.f. Beauty currently sports a Zacks Rank #1, but it has an Earnings ESP of -1.64%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Stocks With the Favorable CombinationHere are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings this reporting cycle.

The Estee Lauder Companies (EL - Free Report) currently has an Earnings ESP of +4.09% and a Zacks Rank #3. The consensus estimate for quarterly revenues is pegged at $3.7 billion, which indicates an improvement of 4.8% from the figure reported in the prior-year quarter. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for The Estee Lauder Companies’ upcoming quarter’s EPS is pegged at 52 cents, which calls for 62.5% growth from the figure reported in the prior-year quarter. EL delivered a trailing four-quarter earnings surprise of 41.4%, on average.

Sysco Corporation (SYY - Free Report) currently has an Earnings ESP of +2.46% and a Zacks Rank of 3. The consensus estimate for the quarterly revenues stands at $22.2 billion, which suggests 4.9% growth from the figure reported in the prior-year quarter.

The Zacks Consensus Estimate for Sysco’s upcoming quarter’s EPS is pegged at $1.17, which calls for a 1.7% increase from the year-ago period’s figure. SYY delivered a trailing four-quarter earnings surprise of nearly 1%, on average.

Vital Farms, Inc. (VITL - Free Report) currently has an Earnings ESP of +4.88% and a Zacks Rank of 3. The Zacks Consensus Estimate for VITL’s upcoming quarter’s revenues is pegged at $184.6 million, suggesting a 7.2% decline from the figure reported in the prior-year quarter.

The consensus estimate for Vital Farms’ bottom line is pegged at a loss of 14 cents per share, implying a deterioration from the year-ago quarter’s earnings of 36 cents.

San Diego, California--(Newsfile Corp. - October 30, 2026) - The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Doximity, Inc. (NYSE: DOCS) common stock between August 8, 2024 and May 13, 2026, inclusive (the "Class Period"), have until Monday, November 16, 2026 to seek appointment as lead plaintiff of the Doximity class action lawsuit. Captioned Michigan Laborers' Pension Fund v. Doximity, Inc., No. 26-cv-10529 (N.D. Cal.), the Doximity class action lawsuit charges Doximity as well as certain of Doximity's top current and former executives with violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff of the Doximity class action lawsuit, please provide your information here:

https://www.rgrdlaw.com/cases-doximity-class-action-lawsuit-docs.html

You can also contact attorneys Ken Dolitsky or Michael Albert of Robbins Geller by calling 800/851-7783 or via e-mail at [email protected].

CASE ALLEGATIONS: Doximity operates a digital platform for medical professionals.

The Doximity class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Doximity overstated the impact that its Newsfeed would have on its revenue growth; and (ii) Doximity was losing market share to its competitors with more favorable pricing and engagement models, while also using banner ads and e-newsletters instead of deep engagement tactics.

On November 6, 2025, Doximity allegedly reported second quarter results where they expressed a degree of caution regarding the outlook for ad spending and implied a slowdown in sales growth in the second half of the 2026 fiscal year. On this news, the price of Doximity common stock dropped 13%, according to the complaint.

The complaint further alleges that on February 5, 2026, Doximity lowered its revenue guidance for 2026 full fiscal year, which ended on March 31, 2026, and announced that its sales growth had decelerated while its net income had contracted, which will negatively impact its 2026 fiscal fourth quarter. On this news, the price of Doximity common stock declined 17%, according to the complaint.

Finally, on May 13, 2026, Doximity allegedly announced that it missed its already-reduced revenue guidance and projected a significantly slower pace of growth for its 2027 fiscal year, which ends on March 31, 2027. On this news, the price of Doximity common stock fell 23%, according to the complaint.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Doximity common stock during the Class Period to seek appointment as lead plaintiff in the Doximity class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Doximity class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Doximity class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Doximity class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Attorney advertising.
Past results do not guarantee future outcomes.
Services may be performed by attorneys in any of our offices.

Contact:
Robbins Geller Rudman & Dowd LLP
Ken Dolitsky
Michael Albert
655 W. Broadway, Suite 1900, San Diego, CA 92101
800/851-7783
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/321726

Source: Robbins Geller Rudman & Dowd LLP

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One pizza chain flashes a near double-digit dividend yield that no longer exists, while the other quietly raises its payout every year. Knowing which number to trust could be the difference between steady retirement income and a dividend trap.

Papa John’s (NASDAQ:PZZA) or Domino’s Pizza (NASDAQ:DPZ | DPZ Price Prediction): which is the higher-income pick right now for retirement savings? Papa John’s shows a headline yield near 9.9%. That figure comes from a dividend the board has already suspended. The board announced the cut with second-quarter results on August 6, 2026, and the stock has since fallen to $18.52. That price is 50.57% lower than where it started the year.

First, a quick overview of how both companies make money. Independent owners run most of the stores. Corporate collects royalties and fees from them and also sells them dough, cheese, and supplies through a company-run supply chain. Domino’s runs this model across more than 22,700 stores, and franchisees own 99% of them. Papa John’s has about 5,978 restaurants.

Dividend Income: Domino’s Wins Outright Papa John’s paid $1.84 per share a year on trailing diluted EPS of $0.82. That works out to a payout ratio of about 224%. In the first half of 2026, the company paid $30.9 million in dividends and generated just $9 million of free cash flow. The quarterly payout had stayed flat at $0.46 since August 2023. The last ex-dividend date was May 18, 2026. Chief Executive Todd Penegor said the board would suspend the dividend “to make the investments that we believe are needed to deliver on our strategic transformation.”

Domino’s pays $1.99 per share per quarter, or $7.96 per year. At $306.62, that is a yield of about 2.6%. Trailing payments of $7.71 use about 44% of fiscal 2025 EPS of $17.57. Free cash flow that year reached $671.5 million. The payout has grown every year from $0.20 a quarter in 2013, including a 15% raise in early 2026.

Business Momentum: Papa John’s Keeps Losing Ground Papa John’s North American comparable sales fell 8.3% in the second quarter. Management now guides to a full-year decline of 6% to 8% and has cut adjusted EBITDA guidance to $180 million to $190 million from $200 million to $210 million. Management admits the turnaround is “taking longer than expected.” International comps rose 1.5%, the one bright spot.

Domino’s is slowing as well. U.S. same-store sales grew just 0.3% in the third quarter, compared with 5.2% a year earlier. Revenue still rose 3.36%. EPS of $4.60 beat the $4.3904 consensus, and the chain added 175 net stores. Growth is slower, but it is still growth. Papa John’s is shrinking.

Balance Sheet and Track Record: Scale Favors Domino’s Both companies have negative shareholders’ equity, common for heavily franchised businesses that borrow to return cash to shareholders. Papa John’s is at -$442.3 million, and Domino’s at -$3.955 billion. Domino’s has far more debt, including $4.77 billion in securitized notes at 4.2x leverage. It also earns enough to service that debt: fiscal 2025 operating income was $953.97 million, compared with $89.15 million at Papa John’s.

Over 10 years, Domino’s stock has returned 105.83%. Papa John’s has lost 68.85% over the same stretch.

Verdict: Domino’s Has the Stronger Income Profile Domino’s wins all three categories, and it wins clearly for income investors. Its yield is lower than Papa John’s old yield. However, earnings support it: they have grown on record every year and include buybacks; the company still has about $1.15 billion in repurchase authorization left. The specific risk to watch is refinancing. $1.33 billion of debt is now current. The CFO has said “interest rates [are] accelerating pretty significantly,” and higher borrowing costs could squeeze the money available for future dividend increases.

Papa John’s now pays no dividend, which leaves its appeal linked entirely to the turnaround. The specific risk is that the turnaround takes too long. Management has promised only to “revisit” dividends and buybacks once the turnaround pays off, with no timeline. For anyone living on portfolio income, the 10% yield in the headline no longer exists (a near-double-digit yield that gets suspended is the classic dividend trap, and the seven warning signs are detailed in a free report).

Contact [email protected] for any questions or corrections.

Did you buy HIMS securities between August 4, 2025 and July 29, 2026?

Affected HIMS Investor Summary

Who: Hims & Hers Health, Inc. (NYSE: HIMS)What: Securities fraud class action lawsuit filedClass Period: August 4, 2025 through July 29, 2026Deadline to Seek Lead Plaintiff Status: November 2, 2026Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company's deceptive and unlawful privacy practicesInvestor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options, /PRNewswire/ -- Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against Hims & Hers Health, Inc. (HIMS) (NYSE: HIMS) on behalf of those who purchased or acquired HIMS securities between August 4, 2025 and July 29, 2026, inclusive. The lawsuit is filed in the United States District Court for the Northern District of California and is captioned Velanki v. Hims & Hers Health, Inc., No. 3:26-cv-09313 (N.D. Cal.). Investors have until November 2, 2026, to file for lead plaintiff status. 

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:    

If you purchased or acquired HIMS securities and have lost money on your investment, please provide your information here:

https://www.ktmc.com/hims-hims-hers-inc-class-action-lawsuit?utm_campaign=hc?utm_source=PR_Newswire&utm_medium=pressrelease&utm_campaign=hims&mktm=PR 

To view the HIMS video on YouTube, click here: https://youtu.be/zCS_-D0Ocv4

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected].  There is no cost or obligation to speak with an attorney.

HIMS & HERS HEALTH, INC. CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY: 

The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company's business, operations, and prospects.  Specifically, Defendants failed to disclose to investors that: (1) HIMS shared consumers' health information with third-party advertising platforms; (2) HIMS charges consumers for prescriptions almost immediately after they submit an intake form, despite telling consumers that they will be able to consult with a medical provider to find a treatment that is "right for them;" (3) the foregoing conduct subjected HIMS to regulatory scrutiny; (4) as a result, HIMS was reasonably likely to incur fees and penalties; and (5) as a result of the foregoing, Defendants' positive statements about the company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Why did HIMS's Stock Drop?

On July 29, 2026, the Federal Trade Commission ("FTC") filed a lawsuit against HIMS accusing the company of sharing customers' medical information with third-party advertisers.  Specifically,

the FTC's criminal complaint accuses HIMS of "deceptive and unlawful privacy practices," including sharing sensitive details about a patient's health with Snap and Facebook parent, Meta Platforms.  On this news, HIMS's stock price declined $4.32 per share, or 14.73%, to close at $25.00 per share on July 29, 2026.

WHAT HIMS & HERS HEALTH, INC. INVESTORS CAN DO NOW:

File to be lead plaintiff by November 2, 2026.Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.Retain counsel of choice or take no action.THE LEAD PLAINTIFF PROCESS FOR HIMS & HERS HEALTH, INC. INVESTORS:

HIMS investors may, no later than November 2, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages HIMS investors to contact the firm for more information.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):    

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500's Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal's Plaintiff's Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group's Honor Roll of Most Feared Law Firms, The Legal Intelligencer's Class Action Firm of the Year, Lawdragon's Leading Plaintiff Financial Lawyers, and Law360's Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.  The complaint in this matter was not filed by KTMC.

CONTACT:

Jonathan Naji, Esq.

(484) 270-1453

280 King of Prussia Road

Radnor, PA 19087

[email protected] 

May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes. 

SOURCE Kessler Topaz Meltzer & Check, LLP

This has been a brutal year for SoundHound AI (SOUN -4.24%) investors, as shares of the conversational voice artificial intelligence (AI) specialist have lost over 58% of their value.

Concerns about the company's cash burn and losses have led investors to press the panic button and look elsewhere to capitalize on the AI software boom. However, this AI stock could get a nice boost when it releases its third-quarter results after the market closes on Nov. 5. Let's look at the reasons why.

Image source: The Motley Fool.

Software stocks have been in fine form latelyThe iShares Expanded Tech-Software Sector ETF has jumped by 22% over the past three months. This impressive rally has been fueled by the belief that AI won't disrupt traditional software businesses as was thought earlier.

$4.18-$0.19 (-4.24%)

NASDAQ · As of 10:17 AM ET 10/30/26

However, SoundHound AI has missed the bus, even though it is an enterprise AI software provider that helps clients improve productivity. The company has missed Wall Street's free cash flow estimates over the last four quarters, and the following chart clearly indicates that its cash burn has accelerated recently.

SOUN Free Cash Flow data by YCharts

But investors looking to buy and hold an AI software stock that may become a big winner over the long run should consider the bigger picture. SoundHound AI operates in the fast-growing conversational AI market that's expected to generate $136 billion in revenue in 2035, well above last year's levels of $12.8 billion. This translates into a compound annual growth rate (CAGR) of 24%.

SoundHound is growing faster than the end market, and its acquisition-based growth strategy is positioning it for solid long-term expansion. SoundHound's revenue increased by 45% year over year in Q2 to $62 million. Analysts are anticipating an 84% year-over-year jump in Q3 to $77.2 million. This acceleration will be fueled by SoundHound's acquisition of LivePerson, which was completed last month.

This acquisition should bolster SoundHound's presence in the conversational AI market. That's because LivePerson develops and deploys voice-based AI agents, and it has a strong customer base. SoundHound AI management believes that the combined company could generate more than $500 million in revenue over the long run. For comparison, SoundHound AI delivered $169 million in revenue in 2025.

SoundHound's growth strategy could improve investor confidenceAnalysts have become bullish on SoundHound's revenue growth potential lately, suggesting it could reach $500 million in revenue.

SOUN Revenue Estimates for Current Fiscal Year data by YCharts

Moreover, the company notes that its new CFO, John Collins, has a track record of achieving more than $200 million in cost reductions and turning cash burn into cash generation. As a result, there is a chance SoundHound AI could exceed expectations and post a surprise on the cash flow front when it releases its results.

Also, the potential cost-optimization moves that the company may announce following its latest acquisition could increase investor confidence in the stock. What's more, SoundHound AI has a strong balance sheet with just $5.4 million in debt and nearly $203 million in cash.

With the stock trading at an attractive 9 times sales right now, there is a likelihood that SoundHound will jump higher after delivering positive news to investors on Nov. 5. As such, SoundHound AI may end the year on a bright note, following a sharp decline in 2026 so far.

Wall Street analysts expect Nice (NICE - Free Report) to post quarterly earnings of $2.78 per share in its upcoming report, which indicates a year-over-year decline of 12.6%. Revenues are expected to be $786.25 million, up 7.4% from the year-ago quarter.

The consensus EPS estimate for the quarter has undergone a downward revision of 0.3% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.

Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.

While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.

With that in mind, let's delve into the average projections of some Nice metrics that are commonly tracked and projected by analysts on Wall Street.

The consensus among analysts is that 'Revenue by Business Model- Cloud' will reach $636.13 million. The estimate indicates a year-over-year change of +13%.

According to the collective judgment of analysts, 'Revenue by Business Model- Services' should come in at $122.38 million. The estimate suggests a change of -11.8% year over year.

The combined assessment of analysts suggests that 'Revenue by Business Model- Product' will likely reach $27.73 million. The estimate suggests a change of -8.7% year over year.

Analysts forecast 'Geographic Revenues- Americas' to reach $643.78 million. The estimate points to a change of +4.2% from the year-ago quarter.

The collective assessment of analysts points to an estimated 'Geographic Revenues- Asia Pacific' of $43.62 million. The estimate indicates a year-over-year change of +9%.

It is projected by analysts that the 'Geographic Revenues- EMEA' will reach $98.86 million. The estimate suggests a change of +33.6% year over year.

View all Key Company Metrics for Nice here>>>

Over the past month, shares of Nice have returned -1.3% versus the Zacks S&P 500 composite's +0.7% change. Currently, NICE carries a Zacks Rank #4 (Sell), suggesting that it may underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Reddit beat earnings expectations by a wide margin, yet its stock cratered in morning trading as the CEO revealed a threat that no quarterly report can easily fix. The culprit sits inside Google, and Reddit's proposed solution could cost it…

A strong quarter couldn’t shield Reddit (NYSE:RDDT | RDDT Price Prediction) from a warning that artificial intelligence (AI) is reducing its traffic. Reddit stock is at $97.74 in morning trading, down 25%. The sector fund, Communication Services Select Sector SPDR Fund (NYSEARCA:XLC), is at $99.98, down 1.2%. For a broad-market check, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is at $760.15, also down 1.2%, matching the sector fund.

On paper, Reddit’s Q3 2026 results, released October 29 after the close, looked strong. The company’s revenue rose 53% year over year (YoY) to $895 million, beating the $874.9 million analysts had expected. Net income at Reddit climbed 74% to $283 million, and earnings per share (EPS) of $1.40 exceeded the $1.33 analysts forecast. Even so, Reddit set its Q4 2026 revenue guidance at $1 billion to $1.03 billion, below the $1.05 billion analysts expected.

Google’s AI Search Shift Is Draining Reddit’s Traffic
CEO Steve Huffman said on Reddit’s earnings call that search referral traffic fell significantly in Q3 and dropped by more than 1 million per week on average in October. Should that pace continue, Huffman warned, total daily active uniques (DAUq) could fall by a low-double-digit percentage in Q4 from 130.3 million. Reddit’s U.S. DAUq already slipped 2% YoY to 50.7 million.

Huffman faulted AI Overviews and AI Mode at Google, owned by Alphabet (NASDAQ:GOOGL), which answer queries without sending users on to Reddit. “Web search is evolving from a gateway to the web to becoming an AI-powered destination itself,” he stated.

Reddit’s Logged-In Push Trades Reach for Engagement
Reddit’s response is to become more of a direct destination. The company plans to begin fully testing a logged-in-only experience in select markets outside the U.S. in Q4. It is also pushing mobile web users toward its app. Huffman noted that logged-in and app audiences account for more than 80% of Reddit’s monetization.

Logged-in users give Reddit more ad-targeting signals and engage more deeply, though a login wall could turn away casual visitors. “So we will likely be trading reach for engagement,” Huffman acknowledged.

Reddit’s strong results were overshadowed. Jefferies analyst John Colantuoni wrote that revenue growth and 70% growth in earnings before interest, taxes, depreciation and amortization (EBITDA) were overshadowed by worsening U.S. user drops tied to AI Overviews. Colantuoni sees Reddit stock as possibly rangebound in the near term but still likes the long-term story.

What the Peer Group Says About Reddit
Snap (NYSE:SNAP) stock is at $5.37, down 5%. That decline is smaller than Reddit’s but the largest among the three peers.

At the same time, Pinterest (NYSE:PINS) stock is at $19.12, down 4%. Unlike Reddit, Pinterest reported results missing expectations: its Q3 2026 revenue was $1.17 billion, short of the $1.21 billion consensus. Wells Fargo cut its Pinterest price target to $23 from $31 while keeping an Overweight rating, citing weaker Q4 guidance tied to China cross-border headwinds in the EU.

Additionally, Meta Platforms (NASDAQ:META) stock is at $615.42, down 1%. Among Reddit’s peers, that’s the smallest decline.

How Reddit’s Business Differs From Snap, Pinterest and Meta
Reddit is a community discussion platform whose logged-out audience has long leaned on Google search, while Snap depends on direct use of its messaging and camera app, plus Snapchat+ subscriptions and Specs augmented reality glasses. Pinterest is a visual discovery and shopping platform where users search inside the app.

Meta stands at the opposite end, with Facebook, Instagram, WhatsApp and Messenger serving logged-in audiences it owns. That owned-audience model is what Reddit is now racing to build.

What Comes Next for Reddit’s Search-Dependent Model
Reddit stock is now down 57% year to date (YTD), and the selloff fits a wider repricing of how AI reshapes search and advertising. Alphabet’s slide after its own results also pressured AI-related shares on October 29.

Bulls can point to Reddit’s rapid ad revenue growth and Huffman’s view that Google is teaching people to visit Reddit directly. Bears see a user base that could shrink in Q4 and a login wall that might deter casual visitors.

The next test for Reddit is whether U.S. DAUq stabilizes and whether the international logged-in tests lift engagement. Search referral data in the company’s next quarterly update is the other signal to watch for. Investors may want to stay cautious while the debate over Reddit’s logged-in shift plays out.

Contact [email protected] for any questions or corrections.

BOSTON, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Reddit, Inc. (NYSE: RDDT) for potential securities law violations. Investors who have lost money in their Reddit investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/rddt.

What is this all about?

Block & Leviton is investigating whether Reddit may have misled investors about the health of its search-driven traffic and user growth. On July 30, 2026, management described search referral traffic as "choppy" and "more volatile later in the quarter." Earlier in 2026, management had also said the split between logged-in and logged-out users no longer mattered to how it ran the business, and it announced plans to stop reporting those figures. Then, on October 29, 2026, Reddit disclosed that search referral traffic was "down meaningfully" in the third quarter, with the decline accelerating later in the quarter. It warned that total daily users could fall by a low double-digit percentage in the fourth quarter, issued revenue guidance below Wall Street expectations, and said it would shift toward a primarily logged-in experience. Following this news, Reddit's stock fell roughly 23% on October 30, 2026.

Who is eligible?

Anyone who purchased Reddit common stock and has seen their shares fall may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more.

What is Block & Leviton doing?

Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money.

What should you do next?

If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at [email protected], or by phone at (888) 256-2510.

Whistleblower?

If you have non-public information about Reddit, you should consider assisting in our investigation or working with our attorneys to file a report with the Securities Exchange Commission under their whistleblower program. Whistleblowers who provide original information to the SEC may receive rewards of up to 30% of any successful recovery. For more information, contact Block & Leviton at [email protected] or by phone at (888) 256-2510.

Why should you contact Block & Leviton?

Block & Leviton is widely regarded as one of the leading securities class action firms in the country. Our attorneys have recovered billions of dollars for defrauded investors and are dedicated to obtaining significant recoveries on behalf of our clients through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website, www.blockleviton.com, call (888) 256-2510 or email [email protected] with any questions.

This notice may constitute attorney advertising.

CONTACT:
BLOCK & LEVITON LLP
260 Franklin St., Suite 1860
Boston, MA 02110
Phone: (888) 256-2510
Email: [email protected]

A drone view shows the Imperial Oil refinery in Sarnia's Chemical Valley industrial corridor in Sarnia, Ontario, Canada, September 2, 2026. REUTERS/Carlos Osorio Purchase Licensing Rights, opens new tab

CompaniesOct 30 (Reuters) - Canadian energy company Imperial ​Oil (IMO.TO), opens new tab beat profit estimates for the ‌third quarter on Friday, as stronger refining margins drove a sharp increase in ​downstream earnings, offsetting lower oil ​production.

The Calgary, Alberta-based company reported net ⁠income of C$5.11 per share ​for the quarter ended September 30, ​beating analysts' average estimate of C$4.70 per share, according to data compiled by LSEG.

Sign up here.

The ​Iran war has disrupted energy exports ​through the Strait of Hormuz, while attacks ‌on ⁠Middle Eastern and Russian energy infrastructure have further tightened global fuel supplies.

The disruptions have pushed up prices of ​diesel, gasoline ​and ⁠jet fuel relative to crude oil, widening refining margins.

Imperial ​Oil's third-quarter downstream earnings climbed ​to ⁠C$1.56 billion ($1.12 billion) from C$444 million a year earlier, reflecting improved refining ⁠margins ​and a more favorable ​product mix.

($1 = 1.3959 Canadian dollars)

Reporting by Khusbu Jena ​in Bengaluru; Editing by Tasim Zahid

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Imperial Oil (IMO - Free Report) came out with quarterly earnings of $3.65 per share, beating the Zacks Consensus Estimate of $3.43 per share. This compares to earnings of $1.57 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +6.41%. A quarter ago, it was expected that this oil and gas and petroleum products company would post earnings of $2.99 per share when it actually produced earnings of $3.27, delivering a surprise of +9.36%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Imperial Oil, which belongs to the Zacks Oil and Gas - Integrated - Canadian industry, posted revenues of $11.58 billion for the quarter ended September 2026, missing the Zacks Consensus Estimate by 24.98%. This compares to year-ago revenues of $8.75 billion. The company has not been able to beat consensus revenue estimates over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Imperial Oil shares have added about 51.6% since the beginning of the year versus the S&P 500's gain of 12.8%.

What's Next for Imperial Oil?While Imperial Oil has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Imperial Oil was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $3.92 on $14.09 billion in revenues for the coming quarter and $11.08 on $45.62 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Oil and Gas - Integrated - Canadian is currently in the top 3% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Suncor Energy (SU - Free Report) , another stock in the same industry, has yet to report results for the quarter ended September 2026. The results are expected to be released on November 3.

This energy company is expected to post quarterly earnings of $2.35 per share in its upcoming report, which represents a year-over-year change of +119.6%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Suncor Energy's revenues are expected to be $10.71 billion, up 16.4% from the year-ago quarter.

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Nebius Group (NBIS -7.77%) has lost roughly one-quarter of its value in a month, rattling investors who had been betting on the explosive growth of artificial intelligence (AI) to support the neocloud's business.

The stock decline reflects more than a change in sentiment toward one company. Investors are questioning whether specialized AI cloud providers will be able to generate attractive returns from the enormous sums they are spending to expand their data center footprints.

For long-term investors, the sell-off offers an opportunity to reassess Nebius. The critical question is whether the company can turn surging demand for AI computing power into a sustainably profitable business without putting too much pressure on its finances.

Image source: Getty Images.

Investors are questioning the neocloud business model Nebius and its peers are neoclouds, focused primarily on supplying the cloud computing power needed to train and run AI models. That's a contrast to the more established cloud services like Google Cloud or Microsoft Azure, which offer both AI-optimized and general-purpose enterprise computing infrastructure.

The AI cloud opportunity has attracted substantial investment. However, a report from market research firm Gartner recently warned that due to cost pressures and commoditized offerings, more than 80% of neocloud providers would no longer be operating independently by 2030. The warning intensified investors' concerns about competition, industry consolidation, and the risk that AI infrastructure investments will fail to generate the returns required to justify them.

Let's be clear: This is not a prediction that Nebius specifically will fail. The company could emerge as one of the stronger survivors in the neocloud niche. But investors must consider whether its competitive advantages will be durable enough -- technology, customer relationships, etc. -- to justify the enormous resources required to expand.

In other words, strong demand for AI compute today does not guarantee strong returns for every company supplying it. Nebius must prove that it can turn its position in a growing market into lasting profitability.

NBIS Nebius Group$158.62-$13.37 (-7.77%)

NASDAQ · As of 9:52 AM ET 10/30/26

Financing the AI boom is getting more expensive The second concern is capital. Nebius needs to invest heavily up front in data centers, advanced chips, power capacity, and supporting infrastructure before it can generate any revenue from that new capacity. Funding these expansions requires a combination of operating cash flow, customer prepayments, borrowing, and potentially new share issuance.

That creates a difficult balancing act. Taking on more debt increases its interest expenses and its financial risk, while issuing new stock dilutes existing shareholders. Higher interest rates can make both the financing challenge and the market's assessment of future returns more demanding.

The broader AI infrastructure sector has also come under pressure as investors reassess the sustainability of debt-funded expansion. CoreWeave, another leading neocloud provider, has seen its bond yields rise to almost 15% lately, further demonstrating the growing perceived risk of investing in AI cloud providers.

Nebius' growth ambitions remain substantial, but top-line growth alone cannot resolve this problem. The company must generate enough cash from each new investment to justify its cost and finance its next stage of expansion.

In short, investors should focus not solely on how quickly Nebius grows, but on how much capital it consumes to achieve that growth -- and how much cash ultimately remains for shareholders.

What should investors watch next? The recent sell-off does not, by itself, prove that Nebius's business is deteriorating. The important question is whether the company's underlying economics are holding up.

Three indicators deserve particular attention.

First, watch revenue growth and customer commitments. These can indicate whether demand remains strong, although contracted business is not the same as cash already collected.

Second, track capital spending, financing arrangements, and dilution. Investors need to understand whether Nebius can fund its expansion on reasonable terms without placing excessive pressure on its balance sheet or existing shareholders.

Third, monitor the economics of new contracts. Management has previously indicated that some newer contracts could repay their associated capital spending in under two years. If that payback period remains achievable as the company scales, it would support the case that Nebius can grow profitably. If payback periods lengthen, the investment case becomes less attractive.

What does it mean for investors? The bull case for Nebius remains straightforward: AI computing demand could grow for years, and Nebius could capture a meaningful share of that opportunity.

The bear case is equally important. Heavy investment, expensive financing, intensifying competition, and weaker-than-expected returns could leave shareholders with disappointing results even if the AI market continues to expand.

For long-term investors, the key question is not whether Nebius can grow. It is whether it can grow profitably enough to justify the capital required.

Until the answer to that question becomes clearer, investors should be extremely cautious about buying the dip.

New York, New York--(Newsfile Corp. - October 30, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against D-Wave Quantum Inc. ("D-Wave" or the "Company") (NYSE: QBTS) on behalf of investors that purchased or otherwise acquired D-Wave securities between February 26, 2026 and August 25, 2026 (the "Class Period"). CLICK HERE TO JOIN THE CASE If you are an investor in D-Wave and have suffered losses, you may CLICK HERE to contact us.

Capri Holdings (CPRI - Free Report) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to a loss of $0.03 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +100.00%. A quarter ago, it was expected that this luxury retailer would post earnings of $0.4 per share when it actually produced earnings of $0.67, delivering a surprise of +67.5%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Capri Holdings, which belongs to the Zacks Retail - Apparel and Shoes industry, posted revenues of $809 million for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 3.50%. This compares to year-ago revenues of $856 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Capri Holdings shares have lost about 34.2% since the beginning of the year versus the S&P 500's gain of 12.8%.

What's Next for Capri Holdings?While Capri Holdings has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Capri Holdings was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.97 on $1.02 billion in revenues for the coming quarter and $2.11 on $3.4 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Apparel and Shoes is currently in the bottom 33% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Tapestry (TPR - Free Report) , another stock in the same industry, has yet to report results for the quarter ended September 2026. The results are expected to be released on November 5.

This maker of high-end shoes and handbags is expected to post quarterly earnings of $1.56 per share in its upcoming report, which represents a year-over-year change of +13%. The consensus EPS estimate for the quarter has been revised 0.1% higher over the last 30 days to the current level.

Tapestry's revenues are expected to be $1.84 billion, up 8% from the year-ago quarter.

MENOMONEE FALLS, Wis.--(BUSINESS WIRE)--Kohl's (NYSE: KSS) is helping families make the most of their holiday budgets with thousands of deals, gifts at $5, $10, $15, and $20, Kohl's Cash, and chances to win prizes. The retailer's three November savings events include Black Friday Early Access, Nov. 6–8; Black Friday Week, Nov. 22–28; and Cyber Deals, Nov. 29–30. Early Access Black Friday Savings Start Nov. 6–8 Kohl's Black Friday Early Access event starts Fri., Nov. 6, through Sun. Nov. 8, feat.

Zone Frontier's Minnesota data center campus remains on track to commence revenue with Cerebras Systems Inc. (NASDAQ: CBRS) in the first quarter of 2027.

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SanDisk just told investors it cannot make enough chips to meet demand through the end of the decade, yet the stock still sold off hard. A massive stock split and record margins did nothing to calm the skeptics.

SanDisk (NASDAQ:SNDK | SNDK Price Prediction) told investors on October 29, 2026 that the demand it is negotiating under long-term supply deals is larger than everything it can make through the end of the decade. The stock still closed down 5.32%, a $74.72 drop to $1,330.05, and slipped further after hours.

The same report included a fiscal first-quarter 2027 beat and an eight-for-one forward stock split. Revenue came in at $11.031 billion, up 23% from the prior quarter and 378% from a year earlier, against the roughly $10.7 billion analysts expected.

Investors sold anyway, which shows how little they trust visibility claims from memory makers. NAND flash (the storage chip in SSDs, phones and PCs) has a long record of shortages that turn into gluts.

Shares have run from a 52-week low of $181.51 to a high of $2,354.39 and now trade well below that peak. The market is weighing multi-year customer contracts against an industry that has rarely kept such promises.

What SanDisk Has Signed Versus What It Is Negotiating
SanDisk calls its long-term supply contracts NBMs, short for “new business model,” and they include customer prepayments and deposits. At its August 2026 Investor Day, the company said it had signed NBMs with eight customers. Those deals cover about 50% of fiscal 2027 bits and about two-thirds of fiscal 2028 bits.

CFO Luis Visoso said SanDisk closed two more NBMs in the quarter. Management’s statement that “our NBM pipeline exceeds our supply throughout the end of the decade” refers to deals that are still being negotiated.

CEO David Goeckeler said customers “have underestimated the amount of NAND they need” and that “we have multiple customers coming back for a second round.” He also said SanDisk still has “to get commitments.”

How the Eight-for-One Split Works
Shareholders of record on November 9, 2026 receive seven additional shares for each share they hold. The new shares are distributed after the close on November 19, and split-adjusted trading begins November 20.

Dividing the October 29 close by eight gives roughly $166 per share. That figure is plain division, and the company’s total value remains the same after the split.

SanDisk said the split is meant to make the stock more accessible, including to employees through its ESPP (employee stock purchase plan).

Margins Are Running Well Above the 2030 Model
GAAP gross margin reached 85.0%, or 85.1% non-GAAP. Guidance for the fiscal second quarter calls for 84.5% to 85.5% non-GAAP gross margin on revenue of $12.2 billion to $12.6 billion.

Non-GAAP EPS was $49.51, and GAAP EPS was $52.60. For the second quarter, SanDisk guided non-GAAP EPS to $55.00 to $57.00 on a pre-split basis.

The fiscal 2028 through 2030 model assumes about 80% non-GAAP gross margin, about 75% operating margin, and mid-to-high teens revenue growth. Management is already planning for margins to come down from current levels.

Visoso warned that “our Q3 is normally our weakest sequential quarter” and said he expects pricing to rise only “modestly.”

Consumer Sales Show Where Pricing Hits a Limit
Datacenter revenue rose 61% from the prior quarter to $4.802 billion, the clearest sign that the AI expansion is pulling memory along with it (we highlighted seven suppliers riding that same wave, outside the chipmakers themselves, in a free report here: 7 Stocks Powering the AI Boom). Edge revenue rose 7% to $5.832 billion, which was up 320% from a year earlier.

Consumer revenue fell 29% from the prior quarter and 39% from a year earlier to $397 million. Visoso said this happened as the market “adjusts to higher pricing.” Higher prices are lifting margins, but they are already driving away some retail buyers.

What Could Decide SanDisk’s Next Move After the Split
SanDisk enters this downturn from a position of financial strength. The company has no debt and earned $8.101 billion in GAAP net income in a single quarter. Half of its fiscal 2027 bits are covered by prepaid contracts, yet investors are still treating the cycle with caution.

The main risks are rivals adding capacity, a small number of NBM customers carrying much of the exposure, and memory prices turning sharply before.

The test comes with the fiscal second-quarter earnings report. New NBMs that push fiscal 2028 coverage above two-thirds would support the thesis. If no new deals arrive and pricing flattens out, the case for sustained margins would weaken considerably.

Contact [email protected] for any questions or corrections.