Market Signal Briefing

Sleep Number Corporation (SNBR) Q3 2025 Earnings Call November 5, 2025 8:30 AM EST

Company Participants

Linda Findley - President, CEO & Director
Robert Ryder - Interim Chief Financial Officer

Conference Call Participants

Robert Griffin - Raymond James & Associates, Inc., Research Division
Daniel Silverstein - UBS Investment Bank, Research Division
Bradley Thomas - KeyBanc Capital Markets Inc., Research Division
Peter Keith - Piper Sandler & Co., Research Division

Presentation

Operator

Welcome to Sleep Number's Q3 2025 Earnings Conference Call. [Operator Instructions] As a reminder, this call is being recorded today, Wednesday, November 5, 2025. This conference call will be available on the company's website, ir.sleepnumber.com. Please refer to today's news release to access the replay.

On today's call, we have Linda Findley, President and CEO; and Bob Ryder, Interim Financial -- Chief Financial Officer of Sleep Number.

Before handing the call over to the company, we will review the safe harbor statement. The primary purpose of this call is to discuss the results of the fiscal period ending on September 27, 2025. Commentary and responses to questions may include certain forward-looking statements. These forward-looking statements are subject to a number of risks and uncertainties outlined in the company's earnings news release and discussed in some detail in the annual report on Form 10-K and other periodic filings with the SEC. The company's actual future results may vary materially. In addition, any forward-looking statements represent the company's views only as of today and should not be relied upon as representing its views as of any subsequent date. The company specifically disclaims any obligation to update these statements.

Please also refer to the company's news release and SEC filings for a reconciliation of certain non-GAAP financial measures and supplemental financial information included in the news release or that may be discussed on this

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Flowco Holdings Inc. (FLOC) Q3 2025 Earnings Call November 5, 2025 8:00 AM EST

Company Participants

Andrew Leonpacher
Joseph Edwards - President, CEO & Director
Jonathan Byers - Chief Financial Officer

Conference Call Participants

Derek Podhaizer - Piper Sandler & Co., Research Division
Phillip Jungwirth - BMO Capital Markets Equity Research
Sean Mitchell - Daniel Energy Partners, LLC
Jeffrey LeBlanc - Tudor, Pickering, Holt & Co. Securities, LLC, Research Division

Presentation

Operator

Good morning. Welcome to Flowco Holdings, Inc.'s Third Quarter 2025 Earnings Call. Today's call is being recorded, and we have allocated 1 hour for prepared remarks and Q&A.

At this time, I would like to turn the conference over to Andrew Leonpacher, Vice President, Finance, Corporate Development and Investor Relations at Flowco. Thank you. You may begin.

Andrew Leonpacher

Good morning, everyone, and thanks for joining us to discuss Flowco's third quarter results.

Before we begin, we would like to remind you that this conference call may include forward-looking statements. These statements, which are subject to various risks, uncertainties and assumptions, could cause our actual results to differ materially from these statements. These risks, uncertainties and assumptions are detailed in this morning's press release as well as our filings with the SEC, which can be found on our website at ir.flowco-inc.com. We undertake no obligation to revise or update any forward-looking statements or information, except as required by law.

During our call today, we will also reference certain non-GAAP financial information. We use non-GAAP measures as we believe they more accurately represent the true operational performance and underlying results of our business. The presentation of this non-GAAP financial information is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. Reconciliations of GAAP to non-GAAP measures can be found in this morning's

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Liberty Broadband Corporation (LBRDK) Q3 2025 Earnings Call November 5, 2025 11:15 AM EST

Company Participants

Shane Kleinstein - Head of Investor Relations
Ronald Duncan - Co-Founder, CEO & Director
Brian Wendling - Chief Accounting Officer & Principal Financial Officer

Presentation

Operator

Greetings. Welcome to the GCI Liberty 2025 Q3 Earnings Call. [Operator Instructions] As a reminder, this conference will be recorded today, November 5.

I will now turn the call over to Shane Kleinstein, Senior Vice President, Investor Relations. Please go ahead.

Shane Kleinstein
Head of Investor Relations

Thank you. Before we begin, we'd like to remind everyone that this call includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual events or results could differ materially due to a number of risks and uncertainties including those mentioned in the prospectus forming part of GCI Liberty's registration statement, most recent forms 10-Q followed by GCI Liberty and Liberty Broadband with the SEC. These forward-looking statements speak only as of the date of this call, and GCI Liberty and Liberty Broadband expressly disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in GCI Liberty or Liberty Broadband's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

On today's call, we will discuss certain non-GAAP financial measures for GCI Liberty, including adjusted OIBDA, adjusted OIBDA margin and free cash flow. Information regarding the required definitions along with the comparable GAAP metrics and reconciliations including Schedule 1 can be found in the earnings press release issued today, which is available on GCI Liberty's website.

Speaking on the call today, we have Ron Duncan, CEO of GCI Liberty; Brian Wendling; GCI Liberty's Chief Accounting and Principal Financial Officer. And during

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Super Micro Computer (NASDAQ: SMCI) shares sank sharply on Tuesday after the AI server specialist posted disappointing fiscal first-quarter results, extending a streak of earnings shortfalls and raising fresh concerns about profitability despite booming demand for artificial intelligence hardware.

The stock dropped as much as 9% following the report and was trading at around $43, trimming some of this year’s impressive surge but still leaving the SMCI stock up roughly 43% year-to-date.

SMCI one-week stock price chart. Source: Finbold
The company delivered revenue of $5.02 billion, well below the $5.80 billion analysts expected. Adjusted earnings per share came in at $0.35, missing forecasts of $0.39. It marked the sixth straight quarter that Super Micro has fallen short of Wall Street estimates.

This latest miss did not come as a complete surprise. In late October, the technology firm warned that first-quarter revenue would land near $5 billion, far below its earlier projection of $6 billion to $7 billion, citing “design win upgrades” that delayed some orders into the December quarter. 

Even so, investors reacted harshly as the final numbers confirmed a meaningful slowdown. Revenue dropped 15% from the $5.94 billion a year earlier, while net income was nearly cut in half to $168.3 million from $424.3 million. 

The steep profit decline reflects intensifying margin pressures as the company launches new products and scales up its global manufacturing footprint.

SMCI’s AI rally
Super Micro has been one of the most notable beneficiaries of the AI boom, with its high-performance servers, often paired with Nvidia’s (NASDAQ: NVDA) powerful GPUs, fueling explosive growth through late 2023 and early 2024. 

But momentum has cooled, and industry watchers say rivals like Dell (NYSE: DELL) have been picking up share just as Super Micro’s growth flattens.

Despite the weaker quarter, management struck an upbeat tone for the full year. Super Micro raised its sales outlook to $36 billion from $33 billion, highlighting a pipeline bolstered by new large-scale deals tied to Nvidia-powered AI systems. 

Featured image via Shutterstock

NEW YORK, NY / ACCESS Newswire / November 5, 2025 / Technology rarely reinvents something as timeless as gold. Yet SMX (NASDAQ: SMX ), through its majority-owned subsidiary trueGold, is doing precisely that by embedding molecular-level proof into the world's oldest store of value.

Key Takeaways AIG's adjusted EPS of $2.20 beat estimates by 31%, with revenues up 3.2% year over year.International Commercial premiums grew 3%, driving underwriting income to $330 million.Lower expenses and stronger North America Commercial results supported the quarterly beat.
American International Group, Inc. (AIG - Free Report) reported third-quarter 2025 adjusted earnings per share of $2.20, which topped the Zacks Consensus Estimate by 31%. The bottom line surged 77% year over year.

Adjusted operating revenues advanced 3.2% year over year to $7.1 billion. The top line beat the consensus mark by 3%.

The strong quarterly results benefited on the back of strong segmental strength in the form of improved underwriting results across the North America Commercial and International Commercial segments. A declining expense level also contributed to the upside. However, the upside was partly offset by weak Global Personal segment premiums and lower dividends received from Corebridge Financial.

AIG’s Quarterly Operational UpdatePremiums came in at $6.1 billion, which grew 2.2% year over year in the quarter under review. Total net investment income declined 20.7% year over year to $772 million on the back of a favorable change in the fair value of AIG's equity stake in Corebridge. The metric missed the Zacks Consensus Estimate of $990 million. The company now has a 15.5% ownership interest in Corebridge.

Total benefits, losses and expenses of $5.6 billion declined 7.6% year over year on the back of lower general operating and other expenses.

Adjusted return on equity of AIG improved 470 basis points year over year to 11.6%.

Segmental Performances of AIGGeneral Insurance – North America CommercialThe segment’s net premiums written were in line year over year at $2.4 billion in the third quarter, attributable to strength in Lexington and Retail Casualty, Western World and Programs.

Underwriting income of $384 million soared 300% year over year on the back of a decline in catastrophe losses and more favorable prior-year development. Catastrophe-related losses, net of reinsurance, came in at $68 million. The combined ratio improved to 82.6% from a year-ago ratio of 95.5%.

General Insurance – International CommercialThe segment recorded net premiums written of $2.1 billion, which increased 3% year over year on a reported basis and 1% on a comparable basis. The metric benefited from expansion in Global Specialty and Property.

Underwriting income advanced 3% year over year to $330 million in the quarter under review. Catastrophe-related charges were $19 million. The combined ratio of 84.9% deteriorated 60 bps year over year as a result of lower catastrophe losses.

General Insurance – Global PersonalNet premiums written totaled $1.7 billion, which tumbled 11% on a reported basis and 4% on a comparable basis. The metric was hit by an adverse impact from the U.S. High Net Worth business.

Underwriting income increased nearly fourfold year over year to $79 million. Catastrophe-related charges were $13 million in the third quarter. The combined ratio of 95.2% improved 360 bps year over year on the back of lower catastrophe-related charges and an improved expense ratio.

Other OperationsNet investment income and other dropped 40% year over year to $72 million in the quarter under review due to a lower dividend income received from Corebridge.

Interest expenses of $100 million decreased 9% year over year on the back of a declining debt level. Adjusted pre-tax loss narrowed from $135 million in the prior-year quarter to $116 million.

Financial Position of AIG (As of Sept. 30, 2025)AIG exited the third quarter with a cash balance of $1.6 billion, which climbed 22% from the 2024-end level. Total assets of $163.4 billion increased 1.3% from the figure at 2024-end.

Long-term debt amounted to $9.1 billion, up 3.7% from the figure as of Dec. 31, 2024.

Total shareholders’ equity slipped 3.4% from the 2024-end level to $41.1 billion. Total debt to total capital was 18% at the third-quarter end, which deteriorated 10 bps year over year.

Adjusted book value per share improved 4.2% year over year to $77.04.

AIG’s Capital Deployment UpdateAIG rewarded its shareholders to the tune of share repurchases of around $1.3 billion and dividends of $250 million in the third quarter.

AIG’s Zacks RankAIG currently carries a Zacks Rank #3 (Hold).

Upcoming Earnings ReleasesHere are three companies from the Finance space that are likely to report their respective quarterly earnings soon.

HCI Group, Inc. (HCI - Free Report) has a Zacks Rank of 2 (Buy) at present. The Zacks Consensus Estimate for HCI’s bottom line for the to-be-reported quarter is pegged at $2.35 per share, indicating 400% year-over-year growth. HCI Group’s earnings beat estimates in each of the past four quarters, with an average surprise of 41.7%. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Palomar Holdings, Inc. (PLMR - Free Report) has a Zacks Rank of 3 at present. The Zacks Consensus Estimate for PLMR’s bottom line for the to-be-reported quarter is pegged at $1.60 per share, indicating 30.1% year-over-year growth. Palomar Holdings’ earnings beat estimates in each of the past four quarters, with an average surprise of 14.7%.

Essent Group Ltd. (ESNT - Free Report) currently has a Zacks Rank #3. The Zacks Consensus Estimate for ESNT’s bottom line for the to-be-reported quarter of $1.75 per share indicates 6.1% year-over-year growth. It remained stable over the past week. Essent Group’s earnings beat estimates in two of the last four quarters and missed twice, with an average surprise of 2.1%.

A Spirit Airlines flight arrives at Arnold Palmer Regional Airport in Westmoreland County, Pennsylvania, U.S., September 18, 2025. REUTERS/Quinn Glabicki Purchase Licensing Rights, opens new tab

Nov 5 (Reuters) - Spirit Airlines said on Wednesday it would cut about 150 salaried roles, and discontinue service at five airports, including Milwaukee and Phoenix, by January as the low-cost carrier aims to turn itself around.

The carrier said last month it would furlough 365 pilots and downgrade the status of up to 170 pilots in the first quarter of 2026, as part of its restructuring efforts.

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Spirit estimated to incur losses of $804 million in 2025. It said its transformation plan to return to profitability in 2027 requires it to reduce its network in 2026.

Meanwhile, other U.S. carriers have been rushing to cash in on Spirit's routes in their core regions.

Reporting by Nathan Gomes in Bengaluru; Editing by Shilpi Majumdar

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

Key Takeaways Mission Produce's Q3 revenues rose 10% to $357.7 million, driven by higher avocado volumes.Average avocado prices fell about 5% amid ample supply from Peru and Mexico.Expansion into mangoes, blueberries and new regions supports long-term, balanced growth.
Mission Produce, Inc. (AVO - Free Report) is navigating a shifting market landscape where global demand for avocados continues to rise even as prices soften. In third-quarter fiscal 2025, the company delivered record revenues of $357.7 million, up 10% year over year, largely fueled by a 10% increase in avocado volumes sold. Yet average per-unit prices declined about 5%, reflecting broader market trends of abundant supply from Peru and Mexico. Despite these pricing pressures, Mission Produce’s performance underscores its strategic agility, leveraging its vertically integrated operations, international reach and deep customer relationships to maintain steady profitability amid industry volatility.

Rather than chasing short-term gains, Mission Produce is focused on long-term resilience through scale, efficiency and diversification. By investing in global sourcing and logistics, the company ensures a reliable year-round supply, a key advantage in a volatile market. Its growing presence in Europe and Asia, along with expansion into mangoes and blueberries, strengthens its position and supports a more balanced, sustainable growth strategy.

Looking ahead, Mission Produce’s strategy hinges on consistency and disciplined execution rather than immediate margin expansion. While global avocado prices may remain under pressure amid rising supply, the company’s investments in productivity, infrastructure and category management position it to thrive in the long term. As global consumers increasingly embrace avocados and other fresh produce as everyday staples, Mission Produce’s vertically integrated platform could enable it to convert market fluctuations into opportunity, solidifying its role as a global leader in premium produce.

AVO Faces Stiff Competition From CTVA & FDPCorteva, Inc. (CTVA - Free Report) and Fresh Del Monte Produce Inc. (FDP - Free Report) stand out as notable players in the fresh produce and agricultural industry, each leveraging unique strategies to strengthen their market positions.

Corteva continues to solidify its global leadership by integrating cutting-edge seed technologies with sustainable crop protection solutions. In recent quarters, the company has accelerated growth in its biologicals portfolio and digital agriculture tools, empowering farmers to enhance productivity despite climate variability and regulatory challenges. Its disciplined cost management and robust innovation pipeline, featuring advanced seed traits and environmentally friendly crop protection products, are helping to counter input cost pressures and soft commodity markets. Through a blend of research-driven innovation and operational efficiency, Corteva is aligning its strategy with the growing global demand for sustainable and resilient food systems.

Fresh Del Monte is navigating the evolving produce landscape by emphasizing value-added offerings, operational excellence and sustainability-led growth. The company is harnessing automation, renewable energy projects and strategic alliances to improve profitability across its fresh and prepared product lines. Strong momentum in its fresh-cut and convenience segments reflects increasing consumer demand for nutritious, ready-to-eat foods. Despite persistent cost and logistics challenges, Fresh Del Monte’s vertically integrated operations and focus on innovation continue to underpin its margin stability and reinforce its long-term competitiveness within the global fresh food market.

AVO’s Price Performance, Valuation & EstimatesShares of Mission Produce have gained 13.9% in the last six months compared with the industry’s growth of 0.1%.

Image Source: Zacks Investment Research

From a valuation standpoint, AVO trades at a forward price-to-earnings ratio of 17.70X, significantly above the industry’s average of 12.37X.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for AVO’s fiscal 2025 and 2026 earnings suggests a year-over-year decline of 9.4% and 28.3%, respectively. The estimates for fiscal 2025 and 2026 have been stable in the past 30 days.

Image Source: Zacks Investment Research

AVO stock currently carries a Zacks Rank of #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Key Takeaways Pinterest's Q3 revenues rose 17% year over year to $1.049 billion, surpassing estimates.AI-powered ad tools and strong retail momentum fueled global user and revenue growth.Global MAUs hit 600 million, while ARPU and EBITDA improved on higher efficiency and demand.

Pinterest Inc. (PINS - Free Report) reported modest third-quarter 2025 results, wherein the bottom line missed the Zacks Consensus Estimate while revenues beat the same. The San Francisco-based Internet content provider reported revenue growth year over year, driven by strong momentum in all regions. Management’s focus on improving shoppability and monetization potential across the platform and the incorporation of advanced AI-integrated tools to support advertisers and retailers led to top-line growth.

PINS’ Net IncomeOn a GAAP basis, net income was $92.1 million, or 13 cents per share, compared to an income of $30.5 million, or 4 cents per share, in the prior-year quarter. Top-line growth led to an improvement in net income.

Non-GAAP net income was $262.9 million, or 38 cents per share, up from $223.3 million, or 32 cents per share, in the year-ago quarter. The bottom line fell short of the Zacks Consensus Estimate by 2 cents.

PINS’ Q3 RevenuesDuring the quarter, revenues rose to $1.049 billion from $898.4 million in the prior-year quarter, beating the Zacks Consensus Estimate of $975 million. Pinterest witnessed 17% year-over-year growth in global monthly active users (MAUs) to 600 million, which is an all-time record.

The company is witnessing healthy momentum in the retail sector, coupled with growing traction in some emerging markets. The AI-powered Pinterest Performance+ suite has gained strong market traction among advertisers worldwide.

 Pinterest’s effort to bridge the gap between upper-funnel storytelling and inspiration to lower-funnel conversion is improving campaign performance. Focus on personalization through AI recommendation models is driving click-through rates. Initiatives to boost international expansion and open up new monetization opportunities are positive.

The United States and Canada generated $786 million in revenues, up 9% year over year. Net sales beat our revenue estimate of $782.5 million. Solid momentum in retail, consumer packaged goods, telecom and entertainment supported the net sales. Revenues from Europe totaled $193 million, up 41% from $137 million in the year-ago quarter. Net sales missed our estimate of $198.5 million. Healthy traction in retail boosted the top line. Net sales from the Rest of World rose to $70 million from $42 million recorded in the prior-year quarter, exceeding our revenue estimate of $64.6 million.

MAUs from the United States and Canada were 103 million, up 4% year over year. The quarterly figure matches our estimate. The Rest of the World registered MAUs of 347 million, up 16% from 300 million in the year-earlier quarter. It surpassed our estimate of 337.7 million. MAUs from Europe increased to 150 million from 139 million in the year-ago quarter, beating our estimate of 149.4 million.

In the September quarter, global average revenues per user (ARPU) stood at $1.78 compared with the year-ago quarter’s figure of $1.7. ARPU in Europe improved 31% year over year to $1.31, while the United States and Canada rose 5% year over year to $7.64. ARPU from the Rest of World increased 44% year over year to 21 cents.

Other DetailsAdjusted EBITDA was $306.1 million in the third quarter of 2025, up from the prior-year quarter’s tally of $246.9 million. Disciplined expense management and operational efficiency led to the improvement. Total costs and expenses were $990.6 million, up from $904.3 million in the year-ago quarter. On a GAAP basis, research and development expenses rose to $371.3 million from $326.7 million.

PINS’ Cash Flow & LiquidityIn the third quarter, the company generated $321.6 million of cash from operating activities compared with $248 million in the prior-year quarter. As of Sept. 30, 2025, Pinterest had $1.13 billion in cash and cash equivalents and $205.3 million of operating lease liabilities.

PINS’ Outlook for Q4For the fourth quarter of 2025, Pinterest expects revenues in the range of $1.313-$1.338 billion, indicating 14-16% year-over-year growth. Management expects adjusted EBITDA to be in the range of $533-$558 million.

Zacks RankPinterest carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Upcoming ReleasesUbiquiti Inc. (UI - Free Report) is scheduled to release third-quarter 2025 earnings on Nov. 14. The Zacks Consensus Estimate for earnings is pegged at $2.48 per share, suggesting growth of 15.89% from the year-ago reported figure.

The company delivered an average earnings surprise of 49.5% in the last four reported quarters. It delivered an earnings surprise of 82.47% in the last reported quarter.

Akamai Technologies, Inc. (AKAM - Free Report) is slated to release third-quarter 2025 earnings on Nov. 6. The Zacks Consensus Estimate for earnings is pegged at $1.64 per share, indicating 3.1% growth from the year-ago reported figure.

Akamai has a long-term earnings growth expectation of 4.9%. The company delivered an average earnings surprise of 7.1% in the last four reported quarters.

Workday, Inc. (WDAY - Free Report) is set to release third-quarter 2025 earnings on Nov. 25. The Zacks Consensus Estimate for earnings is pegged at $2.12 per share, implying growth of 12.17% from the year-ago reported figure.

Workday has a long-term earnings growth expectation of 21.25%. The company delivered an average earnings surprise of 9.35% in the last four reported quarters.

Q3: 2025-11-04 Earnings SummaryEPS of $1.11 beats by $0.49

 |

Revenue of

$986.82M

(29.68% Y/Y)

beats by $156.22M

Everus Construction Group, Inc. (ECG) Q3 2025 Earnings Call November 5, 2025 10:30 AM EST

Company Participants

Jeff Thiede - President, CEO & Director
Maximillian Marcy - VP, CFO & Treasurer

Conference Call Participants

Paul Bartolai - Vallum Advisors
Ian Zaffino - Oppenheimer & Co. Inc., Research Division
Brent Thielman - D.A. Davidson & Co., Research Division
Brian Brophy - Stifel, Nicolaus & Company, Incorporated, Research Division
Christopher Senyek - Wolfe Research, LLC

Presentation

Operator

Ladies and gentlemen, thank you for standing by. My name is Christa, and I will be your conference operator today. At this time, I would like to welcome everyone to the Everus Third Quarter 2025 Earnings Conference Call. [Operator Instructions]

I would now like to turn the conference over to Paul Bartolai. Please go ahead.

Paul Bartolai
Vallum Advisors

Thank you. Good morning, everyone, and welcome to Everus Construction Group's third quarter 2025 results conference call.

Leading the call today are CEO, Jeff Thiede; and CFO, Max Marcy.

We issued a news release yesterday detailing our third quarter 2025 operational and financial results. This release and the accompanying presentation materials are publicly available on the website at investors.everus.com.

I would like to remind you that management's commentary and responses to questions on today's conference call may include forward-looking statements, which, by their nature, are uncertain and outside of the company's control. Although these forward-looking statements are based on management's current expectations and beliefs, actual results could differ materially. For a discussion of some of the factors that could cause actual results to differ, please refer to the Risk Factors section of our latest filings with the SEC.

Additionally, please note that you can find reconciliations of historical non-GAAP financial measures in the news release issued yesterday in the appendix of today's presentation.

Today's call will begin with prepared

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Q3: 2025-11-04 Earnings SummaryEPS of $0.48 beats by $0.06

 |

Revenue of

$1.65B

(-1.55% Y/Y)

misses by $2.98M

O-I Glass, Inc. (OI) Q3 2025 Earnings Call November 5, 2025 8:00 AM EST

Company Participants

Christopher Manuel - Vice President of Investor Relations
Gordon Hardie - CEO, President & Director
John Haudrich - Senior VP & CFO

Conference Call Participants

Ghansham Panjabi - Robert W. Baird & Co. Incorporated, Research Division
Joshua Spector - UBS Investment Bank, Research Division
Francisco Ruiz - BNP Paribas, Research Division
Michael Roxland - Truist Securities, Inc., Research Division
George Staphos - BofA Securities, Research Division
Bryan Burgmeier - Citigroup Inc., Research Division
Arun Viswanathan - RBC Capital Markets, Research Division
Gabe Hajde - Wells Fargo Securities, LLC, Research Division

Presentation

Operator

Good morning. Thank you for attending today's O-I Glass Third Quarter 2025 Earnings Conference Call. My name is Jerry, and I will be your moderator today.

[Operator Instructions] I would now like to pass the conference over to our host, Chris Manuel, Vice President of Investor Relations. Please go ahead.

Christopher Manuel
Vice President of Investor Relations

Thank you, Jerry, and welcome, everyone, to the O-I Glass Third Quarter 2025 Earnings Conference Call. Our discussion today will be led by Gordon Hardie, our CEO; and John Haudrich, our CFO. Following prepared remarks, we will host a Q&A session.

Presentation materials for this call are available on the company's website. Please review the safe harbor comments and disclosure of our use of non-GAAP financial measures included in those materials.

Now, I'd like to turn the call over to Gordon, who will start on Slide 3.

Gordon Hardie
CEO, President & Director

Good morning, everybody, and thank you for your interest in O-I Glass. Today, we will review our third quarter performance, examine recent market trends and highlight the progress we have made on our transformation journey. We will also share our improved outlook for 2025 and an early view on key business drivers for further improvement

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Bristow Group Inc. (VTOL) Q3 2025 Earnings Call November 5, 2025 10:00 AM EST

Company Participants

Redeate Tilahun - Senior Manager of Investor Relations & Financial Reporting
Christopher Bradshaw - President, CEO & Director
Jennifer Whalen - Senior VP & CFO

Conference Call Participants

Jason Bandel - Evercore ISI Institutional Equities, Research Division
Joshua Sullivan - JonesTrading Institutional Services, LLC, Research Division
Steven Silver - Argus Research Company
Colby Sasso

Presentation

Operator

Good day, everyone, and welcome to Bristow Group's Third Quarter of 2025 Earnings Call. Today's call is being recorded. [Operator Instructions] At this time, I'd like to turn the call over to Red Tilahun, Senior Manager of Investor Relations and Financial Reporting.

Redeate Tilahun
Senior Manager of Investor Relations & Financial Reporting

Thank you, Luke. Good morning, everyone, and welcome to Bristow Group's Third Quarter 2025 Earnings Call. I am joined on the call today with our President and Chief Executive Officer, Chris Bradshaw; and Senior Vice President and Chief Financial Officer, Jennifer Whalen. Before we begin, I'd like to take this opportunity to remind everyone that during the course of this call, management may make forward-looking statements that are subject to risks and uncertainties that are described in more detail on Slide 3 of our investor presentation. You may access the investor presentation on our website. We will also reference certain non-GAAP financial measures such as EBITDA and free cash flow. A reconciliation of such measures to GAAP is included in the earnings release and the investor presentation. I'll now turn the call over to our President and CEO. Chris?

Christopher Bradshaw
President, CEO & Director

Thank you, Red. To begin, I want to commend the Bristow team for their steadfast dedication to deliver safe, efficient and reliable services despite the persistent supply chain challenges that have plagued the aviation industry in general and

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Crypto investigator ZachXBT will support BNB Chain in its efforts to tackle exploits and on-chain crime.

Summary

On-chain investigator ZachXBT will help BNB tackle hacks and scams
ZachXBT announced he would soon publish an investigation into an exploit
BNB Chain ecosystem has suffered several exploits in recent months

BNB Chain is strengthening its security oversight capabilities by enlisting a familiar face. On Wednesday, Nov. 5, BNB Chain announced that it will collaborate with on-chain sleuth ZachXBT. The investigator will help illicit activity and help improve transparency across its ecosystem.

“Keeping Web3 safe takes more than tech; it takes people who care enough to trace every lead. Zachxbt is now supporting the BNB Chain community to help keep the ecosystem cleaner, fairer, and more transparent,” BNB Chain wrote.

ZachXBT is well-known for its in-depth investigations of hacks and exploits. In response to the BNB Chain’s announcement, ZachXBT stated that he would soon publish the results of an investigation into an exploit. Still, he did not clarify what the exploit was, and if it was linked to the BNB ecosystem.

BNB ecosystem hit by exploits
The BNB ecosystem has seen several exploits over the past few months, resulting in limited losses. Most recently, on October 1, an attacker stole $13,000 from several users after taking control of their X accounts. BNB Chain compensated all the affected users.

Earlier, BNB Chain’s New Gold Protocol suffered a $2 million hack on September 18, the same day it launched. The hacker exploited flaws in the protocol’s smart contract, especially related to pricing rules. This enabled the hackers to secure a flash loan and steal the funds.

The BNB ecosystem suffered its worst exploit in 2022, when an attacker stole $570 million worth of BNB from the BSC Token Hub cross-chain bridge. The bridge connected the BNB Beacon Chain and the main BNB Chain.

The integration is aimed at boosting transparency and accessibility for tokenized fund valuations.

Key Takeaways

WisdomTree has integrated Chainlink to provide onchain Net Asset Value (NAV) data for its Private Credit and Alternative Income Digital Fund (CRDT).
The move aims to enhance transparency by recording verified NAV data directly on blockchain networks.

WisdomTree, an asset management firm, has tapped Chainlink, a blockchain oracle network, to provide onchain Net Asset Value data for its CRDT fund, a tokenized private credit and alternative income digital fund.

The integration enables verified NAV data to be recorded directly on Ethereum, enhancing transparency and enabling smart contract integration for DeFi and institutional platforms.

Chainlink has collaborated with major index providers to bring benchmark index data directly onto blockchains for institutional use. The company’s DataLink platform enables the transfer of verified market data across multiple blockchains.

Financial institutions are increasingly using Chainlink to connect trading platforms with onchain environments, enhancing data accessibility for tokenized assets.

Disclaimer

Monero price holds firm after recent volatility. With higher lows intact and $338 support defended, bulls now target $420 as the next key resistance.

Summary

Monero defends $338 high-timeframe support with bullish structure intact.
Sequence of higher lows confirms ongoing uptrend.
Next major target: $420 resistance, the yearly high for 2025.

Monero (XMR) price continues to display exceptional resilience despite recent market turbulence. After a sharp correction phase, price action has remained decisively bullish, maintaining a clear uptrend structure defined by consecutive higher lows and higher highs.

Monero price key technical points:

Key Support: $338, reclaimed and confirmed with bullish engulfing candles.
Major Resistance: $420, the next target and significant yearly high.
Market Structure: Strongly bullish with momentum favoring continued upside.

XMRUSDT (1D) Chart, Source: TradingView
The current market momentum for Monero remains firmly bullish even after a period of capitulation and volatility. Price has successfully defended the $338 high-timeframe support, which now acts as the primary foundation for further upside expansion. Recent bullish engulfing candles at this level confirm strong demand and show that buyers continue to dominate in this region.

If Monero retests the $338 zone, it would likely form another higher low, reinforcing the broader uptrend. This behavior is typical of sustainable bullish structures, where market corrections serve as opportunities for re-accumulation rather than trend reversals.

The next significant area of interest lies at $420, which marks both a previous swing high and an important psychological resistance for 2025.

A successful breakout above $420 would confirm a continuation of the bullish macrostructure and open the door to higher targets, potentially extending Monero’s yearly high.

Momentum indicators remain supportive, with price maintaining strength above key moving averages. Despite prior volatility, the ongoing sequence of higher lows and higher highs confirms that Monero’s market structure remains decisively bullish.

The only factor to monitor closely is volume behavior, a sustained rise in bullish volume around support levels will validate continued upward momentum. At the same time, declining participation could imply short-term consolidation before another move higher.

What to expect in the coming price action
As long as Monero (XMR) holds above $338, the probability of continued bullish expansion remains elevated. Traders should watch for clean retests of this support region as potential entry points, with $420 standing as the key resistance to reclaim. A daily close above $420 would confirm renewed bullish momentum and continuation of the long-term uptrend.

Blockchain platform BNB Chain has announced an alliance with well-known on-chain investigator ZachXBT, who is dedicated to improving the security of the crypto ecosystem through lead tracing. On its X account, BNB stated, “Zachxbt is now supporting the BNB Chain community to help keep the ecosystem cleaner, fairer, and more transparent.

Ripple's massive valuation backed by Citadel and Fortress highlights rising Wall Street confidence in blockchain and stablecoin innovation.

Ethereum is currently hovering around the $3.2K mark.
ETH’s daily trading volume has surged by over 28%.

A broad bearish trap is dragging the crypto assets down, stalling momentum and delaying any potential rebound. The prices are in the red zone, slipping back to their recent lows. With the fear sentiment lingering across the market, the largest altcoin, Ethereum (ETH), is trading on the downside, registering a loss of over 5.66%. 

The asset’s price movement is facing downside pressure, retraced beneath $3.3K, and sank to the previous support. According to the CMC data, ETH opened the day trading at around a high range of $3,583.34.With the potential bears taking the command, the price has steadily fallen to a bottom of $3,063.09.

At press time, Ethereum traded at around $3,292.50, with a market cap of $398.24 billion. In addition, the daily trading volume is up by over 28.71%, reaching $72.43 billion. The Coinglass data has reported that the market has seen a liquidation of $571.44 million worth of ETH during the last 24 hours. 

Will Ethereum’s Downtrend Continue?
The four-hour trading pattern of the ETH/USDT pair is trapped in the bear hold, and the price could test the crucial support at $3,282. With the extended downside correction, the mighty bears might send the price to the $3,270 range or even lower.

If the tension of an uptrend awakens, the Ethereum price might move up to the immediate resistance levels at around $3,303 and $3,315. The altcoin’s steady bullish trajectory could even break past these ranges and send it to its former highs.  

Ethereum’s Moving Average Convergence Divergence (MACD) line and the signal line are found below the zero line. It indicates that the overall momentum in the market is bearish. Even a short-term crossover is considered weak until both lines move above zero. 

Besides, the Chaikin Money Flow (CMF) indicator of ETH is stationed at -0.05, suggesting slight selling pressure in the market. Notably, the money is flowing out rather than in, but the value is not deeply negative, so the bearish pressure is not very strong yet.

The daily Relative Strength Index (RSI) of Ethereum, staying at 28.13, is in the oversold territory. The asset might be undervalued and could possibly see a potential bounce. Moreover, ETH’s Bull Bear Power (BBP) reading of -307.63 signals strong bearish dominance. Notably, the more negative the value, the greater the selling pressure.

Top Updated Crypto News

Make-or-Break Moment: Can Bitcoin (BTC) Bulls Defend the $100K Support?

Content Writer | Crypto Enthusiast | Bridging Literature and Blockchain

Bitcoin entered 2025 with massive expectations. Analysts predicted aggressive growth fueled by spot ETF demand, institutional buying, and the post-halving cycle. Instead, Bitcoin is stumbling. Recent data shows that Bitcoin, the world’s most well-known digital asset, is now performing worse than US Treasuries, which are considered the safest investment available. For a market built on high-risk and high-reward momentum, this shift is raising eyebrows.

US Treasuries are backed by the United States government, making them one of the least risky assets. When Bitcoin lags behind Treasuries, it signals that investors are pulling back from risk and choosing security over potential gains. Bitcoin is currently up only about 8% this year, which is unusually low for an asset known for explosive growth during bull cycles.

A Drop Below 100,000 Turns Sentiment NegativeFor most of the year, Bitcoin comfortably stayed ahead of Treasury performance. That confidence vanished when Bitcoin slipped and briefly fell below the 100,000 mark earlier this week. The sudden decline erased a meaningful portion of its yearly gains and shifted the tone of the market from hopeful to defensive.

Investors are now questioning whether Bitcoin can maintain its momentum. With volatility increasing and liquidity thinning, traders are choosing to step back rather than double down.

Retail Traders Hit Emotional Breaking PointMatt Hougan, Chief Investment Officer at Bitwise, described the current mood as “max desperation.” Retail traders are drained from repeated drops and fading confidence. Many had entered the market expecting strong returns following ETF approvals. Instead, the market is dealing with selling pressure and large swings.

However, Hougan remains optimistic. He does not believe this marks the beginning of another extended crypto winter. Instead, he sees the panic as a natural reaction during transitional phases of a market cycle. Historically, periods of extreme fear often precede strong recoveries in crypto.

ETFs Provide a Critical Support ThresholdBitcoin ETFs saw a significant $578 million in outflows on Tuesday. When institutions pull capital, the market reacts immediately. An interesting detail is emerging from on-chain data. The average cost basis for spot Bitcoin ETFs sits near 89,600. This level is becoming a line in the sand. If Bitcoin stays above it, institutional buyers remain in profit, reducing the risk of a deeper sell-off.

Bitcoin is now fighting more than price volatility. It is battling a shift in investor psychology. Treasuries are winning the confidence game, and Bitcoin will need a strong rebound to pull investors back into risk.

Never Miss a Beat in the Crypto World!Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

FAQsWhy is the Bitcoin price going down today?

Bitcoin is falling as investors shift from risk assets to safer options like US Treasuries amid high volatility and profit-taking pressure.

Will Bitcoin recover after the recent crash?

Many analysts see this as a short-term correction. Historically, fear phases like this often lead to strong recovery periods in crypto markets.

What is the Bitcoin price prediction for this month?

With a potential surge, the Bitcoin (BTC) price may close the month with a high of $110,000.

How much will 1 Bitcoin cost in 2025?

As per Coinpedia’s BTC price prediction, the Bitcoin price could peak at $168k this year if the bullish sentiment sustains.

Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

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The crypto market faced a violent downturn, with Ethereum breaking below the $3,100 level while Bitcoin lost the critical $100,000 mark, triggering widespread liquidation and fear-driven selling. Panic quickly rippled across the market, and sentiment flipped sharply bearish as traders rushed to reduce exposure, price targets vanished from social media, and risk assets saw a cascade of exits. In moments like these, emotions often outweigh fundamentals — and this week was a clear reminder of that dynamic.

However, even in periods of sharp fear, not all market participants behave the same. Some notable players have begun shifting their stance, hinting that strategic positioning may already be underway beneath the panic. Among them is the well-known Anti-CZ Whale — a trader who gained attention after aggressively shorting ASTER immediately following Changpeng Zhao’s public post announcing he bought ASTER. That trade paid off massively as ASTER surged briefly and then retraced sharply, delivering this whale tens of millions in unrealized profit.

Now, in a notable shift, this trader has flipped from shorting Ethereum to going long, signaling renewed conviction despite the market’s emotional breakdown. As fear peaks, sophisticated players may already be preparing for the next phase — raising the question: is this capitulation… or opportunity?

Whale Rotates Into ETH Long as Market Panic Peaks
According to Lookonchain, the well-known Anti-CZ Whale has executed a notable portfolio shift, flipping from shorting Ethereum to taking a long position worth 32,802 ETH (~$109 million). Now, the whale is maintaining a 58.27M ASTER short (~$59.7M), signaling conviction that ASTER’s weakness may continue despite recent volatility.

Anti-CZ Whale Portfolio | Source: Lookonchain
Alongside this, the whale holds a 1.99B kPEPE short (~$11.3M), a bet against speculative memecoin flows during uncertainty. Meanwhile, a small 130,566 DOGE long (~$21.5K) appears more symbolic than directional, likely serving as a hedge or sentiment gauge rather than a major conviction play.

The standout move is clearly the ETH long, signaling the whale views Ethereum’s drop below $3,100 as oversold rather than structurally bearish. Taking such a position during peak fear suggests an expectation of recovery once forced liquidations cool and liquidity stabilizes. While broader sentiment remains fragile, this shift implies sophisticated capital may already be positioning for an eventual rebound — reinforcing ETH’s role as a core asset even amid aggressive market stress.

ETH Price Technical Outlook: Testing Key Support as Panic Selling Eases
Ethereum is attempting to stabilize after a steep breakdown below the $3,500 region, with price now reacting around the $3,300 zone. This level aligns closely with the 200-day moving average (red line), making it a critical support area for bulls to defend. The recent candle structure shows heavy volatility and high sell-side volume, confirming panic-driven liquidations as the primary force behind the move — rather than a fundamental shift in trend.

ETH testing critical demand | Source: ETHUSDT chart on TradingView
The aggressive flush followed a series of lower highs throughout October, signaling weakening momentum before the breakdown. The 50-day and 100-day moving averages (blue and green) are trending down and currently overhead, adding pressure and reinforcing the short-term bearish structure. A recovery above the 50-day MA would be an early sign of strength, but Ethereum must reclaim the $3,500 zone to regain bullish control.

Volume has spiked dramatically, suggesting capitulation behavior — often near cycle pivot points. The wick near $3,150 hints that buyers stepped in aggressively at lows, consistent with accumulation dynamics observed among sophisticated traders. If ETH holds above the 200-day MA and builds a base here, it could set up a relief rally. A sustained break below $3,150, however, risks further downside toward $2,900 as liquidity pockets remain thin below current levels.

Featured image from ChatGPT, chart from TradingView.com

On November 5, 2025, Harmonic announced a pioneering development for Solana's blockchain infrastructure with the launch of an open block building framework. This new system introduces a competitive aggregation layer that promises to enhance the speed, efficiency, and transparency of Solana's $72 billion validator economy.

17h05 ▪
3
min read ▪ by
James G.

Summarize this article with:

Ripple’s US dollar–pegged stablecoin, RLUSD, has rapidly climbed the ranks to become one of the top ten stablecoins by market capitalization. Less than a year after its December 2024 launch, RLUSD has surpassed the $1 billion mark—a milestone that reflects growing confidence in Ripple’s expanding digital asset ecosystem.

In brief

RLUSD soars 1,278% YTD, hitting a $1B market cap just months after launch, securing a spot among the top ten stablecoins.
Ripple expands RLUSD’s reach via partnerships with GTreasury, Ripple Prime, and Rail for faster global settlements.
Retail adoption grows through integrations with Transak, Xaman wallets, and dual-chain support on Ethereum and XRP Ledger.
Ripple’s acquisition of Hidden Road enhances its ecosystem, linking traditional finance with digital asset liquidity.

Ripple Stablecoin Emerges as Major Contender in $250B Stablecoin Market
Ripple USD (RLUSD) recorded a remarkable 1,278% year-to-date increase in market capitalization, according to recent market data. The stablecoin crossed $1 billion on Monday, just days after hitting $900 million on October 24. 

In an X post, Ripple mentioned that with Ripple Prime, GTreasury, and Rail joining its network, RLUSD and XRP are set to deliver faster, more efficient, and compliant global settlements.

While RLUSD still trails behind major players such as Tether’s USDT ($183 billion) and Circle’s USDC ($75 billion), it has emerged as a strong contender among dollar-pegged stablecoins. RLUSD currently ranks tenth, recording daily trading volumes of $174 million—comparable to PayPal’s PYUSD and MakerDAO’s Dai.

RLUSD Gains Retail Momentum as Ripple Expands Digital Asset Services
Initially positioned as an enterprise-focused asset, RLUSD has steadily gained traction among retail users through integrations with payment platforms and self-custody wallets. 

Notably, its adoption has been driven by several key factors:

Broader support from platforms like Transak, improving global access.
Increased use within self-custodial wallets such as Xaman.
Growing availability across both the Ethereum network and the XRP Ledger.
Wider acceptance in cross-border settlement solutions.
Rising participation from both institutional and retail traders.

Data from RWA.xyz shows that Ethereum-issued RLUSD represents around 80% of the total supply, while the XRP Ledger version accounts for 20%. The balance between networks indicates that Ripple’s dual-chain strategy is gaining momentum among developers and liquidity providers.

RLUSD’s milestone comes alongside Ripple’s expansion of its ecosystem services, which now include digital asset spot prime brokerage in the United States. The move follows Ripple’s $1.25 billion acquisition of crypto-friendly prime broker Hidden Road in October, positioning the company for deeper integration between traditional finance and digital assets.

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James G.

James Godstime is a crypto journalist and market analyst with over three years of experience in crypto, Web3, and finance. He simplifies complex and technical ideas to engage readers. Outside of work, he enjoys football and tennis, which he follows passionately.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

Solana price rebounds from $142 support after oversold conditions emerge. Holding above $145 could spark a relief rally toward $200 if bullish momentum confirms.

Summary

SOL defends $145 on the high time frame after an oversold decline.
Reclaiming the value area low is key for bullish confirmation.
Break above $200 resistance may trigger a larger upside move.

Solana (SOL) price is showing early signs of stabilization after weeks of heavy selling pressure pushed the token into the $142–$145 support region. This level, tested twice, appears to be holding firm, hinting at a potential oversold bounce and renewed bullish interest.

However, confirmation of a sustained rally depends on Solana reclaiming critical technical levels in the sessions ahead.

Solana price key technical points

Major Support: $145 tested twice and holding firm on the high-timeframe chart.
Immediate Resistance: $200, the next key barrier for bullish continuation.
Market Condition: Oversold, signaling potential for a short-term recovery.

SOLUSDT (1D) Chart, Source: TradingView
Solana’s recent correction has been aggressive, driving price action into oversold conditions, where buyers have now stepped in to defend the $142–$145 region. This area represents a high-timeframe support zone that has held firm on two separate attempts, suggesting strong demand despite recent bearish momentum.

From a technical perspective, this could be the early stages of a double bottom formation, a pattern that typically precedes short-term recoveries. For this setup to materialize fully, Solana must reclaim the value area low, which was lost during the prior decline. Regaining this level would indicate that buyers are re-establishing control and that market structure is beginning to recover.

The next critical resistance lies at $200, marking the upper boundary of the current trading range. A confirmed breakout above this level on substantial bullish volume would signal a potential shift in momentum and could open the door for a larger rally. Until then, Solana is likely to trade between $145 support and $200 resistance, forming a consolidation range as the market decides its next move.

Momentum indicators suggest a short-term rebound, with oversold signals flashing across multiple timeframes.

A sustained reversal requires both volume expansion and a clear reclaim of lost resistance levels. Without these, any bounce risks fading into continued sideways movement.

What to expect in the coming price action
If Solana maintains its footing above the $145 support, the likelihood of a short-term rotation toward $200 resistance increases.

A break and daily close above $200 would confirm a bullish structural shift, potentially setting the stage for a continuation rally toward higher resistances.

Failure to reclaim $200, however, could prolong consolidation or trigger another retest of support.

NewAmsterdam Pharma Company N.V. (NAMS - Free Report) came out with a quarterly loss of $0.41 per share versus the Zacks Consensus Estimate of a loss of $0.38. This compares to a loss of $0.18 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -7.89%. A quarter ago, it was expected that this company would post a loss of $0.52 per share when it actually produced a loss of $0.15, delivering a surprise of +71.15%.

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

NewAmsterdam Pharma Company N.V., which belongs to the Zacks Medical - Drugs industry, posted revenues of $0.35 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 91.03%. This compares to year-ago revenues of $29.11 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.

NewAmsterdam Pharma Company N.V. shares have added about 42.1% since the beginning of the year versus the S&P 500's gain of 15.1%.

What's Next for NewAmsterdam Pharma Company N.V.?While NewAmsterdam Pharma Company N.V. 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 NewAmsterdam Pharma Company N.V. 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 -$0.40 on $9.96 million in revenues for the coming quarter and -$1.30 on $27.64 million 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 - Drugs is currently in the top 40% 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, ARS Pharmaceuticals, Inc. (SPRY - Free Report) , is yet to report results for the quarter ended September 2025. The results are expected to be released on November 10.

This company is expected to post quarterly loss of $0.45 per share in its upcoming report, which represents a year-over-year change of -125%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

ARS Pharmaceuticals, Inc.'s revenues are expected to be $28.69 million, up 1285.9% from the year-ago quarter.

MannKind (MNKD - Free Report) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +200.00%. A quarter ago, it was expected that this biopharmaceutical company would post earnings of $0.04 per share when it actually produced break-even earnings, delivering a surprise of -100%.

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

MannKind, which belongs to the Zacks Medical - Biomedical and Genetics industry, posted revenues of $82.13 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.43%. This compares to year-ago revenues of $70.08 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.

MannKind shares have lost about 14.8% since the beginning of the year versus the S&P 500's gain of 15.1%.

What's Next for MannKind?While MannKind 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 MannKind 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 $0.02 on $88.91 million in revenues for the coming quarter and $0.09 on $324.74 million 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 - Biomedical and Genetics is currently in the top 40% 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.

Another stock from the same industry, Ovid Therapeutics (OVID - Free Report) , has yet to report results for the quarter ended September 2025.

This company is expected to post quarterly loss of $0.15 per share in its upcoming report, which represents a year-over-year change of +25%. The consensus EPS estimate for the quarter has been revised 5.3% higher over the last 30 days to the current level.

Ovid Therapeutics' revenues are expected to be $0.34 million, up 100% from the year-ago quarter.