Wall Street expects a year-over-year increase in earnings on higher revenues when Southern Co. (SO - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on July 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis power company is expected to post quarterly earnings of $1.01 per share in its upcoming report, which represents a year-over-year change of +11%.
Revenues are expected to be $7.38 billion, up 5.9% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.43% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Southern Co.?For Southern Co., the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +4.22%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Southern Co. will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Southern Co. would post earnings of $1.21 per share when it actually produced earnings of $1.32, delivering a surprise of +9.09%.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Southern Co. appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Key Takeaways Interparfums' Q2 net sales rose 2% to $341 million, led by an 18% increase in U.S.-based sales.U.S. gains came from 17% organic growth, with Ferragamo up 41% and Donna Karan/DKNY up 28%.Europe sales fell 4% as Lacoste declined 19%, while the Middle East conflict created a 3% Q2 headwind. Interparfums, Inc. (IPAR - Free Report) announced its sales results for the second quarter, which ended June 30, 2026. The results reflected modest top-line growth, driven by strong U.S. performance and favorable foreign exchange, partially offset by continued weakness in Europe and headwinds from the ongoing Middle East conflict.
Interparfums’ Solid Sales NumbersFor the second quarter of 2026, Interparfums posted a 2% increase in net sales to $341 million, compared with $334 million in the prior-year period. First-half of 2026 net sales also rose 2% to $686 million from $673 million a year earlier, supported by strength across several key brands and favorable currency movements.
The ongoing war in the Middle East remained a drag on performance, representing a 3% headwind in the second quarter and a 2% headwind during the first six months of 2026. Excluding this impact, organic sales increased 4% in the second quarter and 1% in the first half. Meanwhile, favorable dollar/euro exchange rates contributed a 1% positive foreign exchange impact in the second quarter and 3% in the first half of 2026.
Interparfums’ Europe-Based Sales PerformanceEurope-based net sales declined 4% to $231 million in the second quarter from $241 million a year ago. The decline reflected a 5% organic sales drop, partially offset by a 1% favorable foreign exchange impact. For the first six months of 2026, Europe-based sales slipped 1%, despite a 3% benefit from foreign exchange.
Several brands delivered mixed performances during the quarter. Jimmy Choo fragrance sales rebounded strongly, rising 23% in the second quarter and 8% in the first half, supported by continued momentum in the I Want Choo women's franchise and the successful launch of Jimmy Choo Man Parfum.
Coach fragrance sales declined 8% against a difficult comparison after last year's 42% growth, although first-half sales still increased 10% thanks to robust demand across existing lines and new Coach Woman and Coach Man fragrance extensions.
Montblanc fragrance sales were broadly flat during the quarter but increased 6% in the first half, benefiting from the continued success of the Montblanc Explorer Extreme line and the launch of Montblanc Legend Elixir earlier this year.
Meanwhile, Lacoste fragrance sales declined 19% in the second quarter and 16% in the first half, reflecting exceptionally strong comparison periods in 2025 and continued weakness in Eastern Europe, although management remains confident in the brand's long-term growth prospects.
Interparfums’ US-Based MetricsU.S.-based net sales increased 18% to $113 million in the second quarter from $96 million a year earlier, driven by 17% organic growth and a 1% favorable foreign exchange impact. For the first half of 2026, U.S. sales rose 10%, including 8% organic growth and a 2% positive foreign exchange impact.
GUESS, the company's largest U.S.-based brand, posted 10% growth in the second quarter and 11% in the first half, supported by the successful launch of Iconic Blue and the newest Amore Napoli fragrance.
Donna Karan/DKNY delivered a strong rebound, with fragrance sales increasing 28% in the quarter and 12% in the first half, reflecting healthy consumer demand across product categories and strengthening e-commerce momentum.
Ferragamo was among the standout performers, with fragrance sales surging 41% in the second quarter and 17% during the first half, driven by strong demand for the Signorina line and the launch of Ferragamo Sublime Leather.
Meanwhile, Roberto Cavalli fragrance sales declined 9% in the second quarter due to a difficult year-over-year comparison and macroeconomic weakness in the Middle East, its largest market. However, first-half sales still increased 8%, supported by new fragrance extensions and continued success of the Serpentine franchise.
IPAR’s Management OutlookInterparfums remains cautiously optimistic despite continued macroeconomic and geopolitical uncertainty. Management highlighted the resilience of the global fragrance category and expects its diversified brand portfolio, disciplined execution and strong innovation pipeline to support growth.
Looking ahead, the company expects a rich lineup of fragrance extensions during the second half of 2026, followed by several major product launches planned for 2027 and 2028, positioning the business for continued expansion as market conditions improve.
This Zacks Rank #3 (Hold) stock has gained 22.9% in the past month compared with the industry’s rise of 8.3%.
IPAR Price Performance vs. Industry
Image Source: Zacks Investment Research
Stocks Worth ConsideringDuluth Holdings (DLTH - Free Report) sells casual wear, workwear, outdoor apparel and accessories for men and women in the United States. DLTH presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Duluth Holdings’ current fiscal-year earnings implies growth of 39.5% from the year-ago figures. DLTH delivered a trailing four-quarter earnings surprise of 107.5%, on average.
Vince Holding Corp. (VNCE - Free Report) provides luxury apparel and accessories in the United States and internationally. At present, the company holds a Zacks Rank of 2 (Buy). VNCE delivered a trailing four-quarter earnings surprise of 635.7%, on average.
The Zacks Consensus Estimate for Vince Holding’s current fiscal-year earnings indicates growth of 34.1% from the year-ago figures.
Revolve Group, Inc. (RVLV - Free Report) operates as an online fashion retailer for millennial and generation z consumers in the United States and internationally. It currently carries a Zacks Rank of 2. RVLV delivered a trailing four-quarter average earnings surprise of 52.1%.
The Zacks Consensus Estimate for Revolve Group’s current fiscal-year sales implies growth of 10.6%, from the year-ago figures.
Wall Street expects a year-over-year increase in earnings on higher revenues when SPX Technologies (SPXC - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on July 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis infrastructure equipment supplier is expected to post quarterly earnings of $1.85 per share in its upcoming report, which represents a year-over-year change of +12.1%.
Revenues are expected to be $635.64 million, up 15.1% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for SPX Technologies?For SPX Technologies, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +1.35%.
On the other hand, the stock currently carries a Zacks Rank of #2.
So, this combination indicates that SPX Technologies will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that SPX Technologies would post earnings of $1.55 per share when it actually produced earnings of $1.69, delivering a surprise of +9.03%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
SPX Technologies appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
An Industry Player's Expected ResultsAmong the stocks in the Zacks Building Products - Air Conditioner and Heating industry, Lennox International (LII - Free Report) , is soon expected to post earnings of $7.63 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of -2.4%. This quarter's revenue is expected to be $1.56 billion, up 4.2% from the year-ago quarter.
The consensus EPS estimate for Lennox has been revised 1.1% higher over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +0.56%.
When combined with a Zacks Rank of #2 (Buy), this Earnings ESP indicates that Lennox will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
The U.S. construction sector is expected to report a mixed set of second-quarter 2026 results, reflecting diverging trends across residential, non-residential and infrastructure markets. While AI-driven data center construction, transportation projects and public infrastructure spending likely continued to support engineering and civil contractors, homebuilders and certain commercial construction companies probably faced persistent demand pressures from elevated mortgage rates, affordability challenges and higher construction costs. At the same time, tariffs, labor shortages and project execution risks remained important variables influencing profitability.
With the help of the Zacks Stock Screener, some of the companies under the broader Zacks Construction sector, including CRH Plc (CRH - Free Report) , KBR, Inc. (KBR - Free Report) , Owens Corning (OC - Free Report) , SPX Technologies, Inc. (SPXC - Free Report) , Amentum Holdings, Inc. (AMTM - Free Report) , are poised to beat on earnings this reporting cycle.
Per the latest Earnings Trends report, the second-quarter earnings season has so far seen releases from approximately 17.6% of the companies on the S&P 500 Index. Of these, the Construction sector's total earnings declined 20.4% year over year, while revenues fell 3.9%. Despite the weaker overall performance, 100% of the companies beat earnings per share (EPS) estimates and 66.7% exceeded revenue expectations.
Infrastructure Spending Likely Remained the Sector's Biggest TailwindInfrastructure-oriented contractors are expected to have delivered another healthy quarter, supported by continued execution of federally funded highway, bridge, water and aviation projects. Demand also remained robust from utility, energy and grid modernization investments. Engineering and heavy civil companies likely benefited from a large backlog, providing strong revenue visibility despite macroeconomic uncertainty.
Private investment in AI infrastructure remained another major growth catalyst. Construction activity tied to hyperscale data centers, power infrastructure and advanced manufacturing facilities likely supported companies with exposure to mission-critical projects. Although semiconductor and certain reshoring-related projects moderated compared with their earlier peak, AI-related spending continued to offset part of that weakness.
Residential Construction Likely Remained UnevenResidential construction probably remained the weakest area of the sector during the quarter. High mortgage rates, elevated home prices and affordability constraints likely weighed on buyer demand, forcing homebuilders to continue offering incentives to stimulate sales. While demographic demand remained supportive over the long term, near-term operating conditions were challenging. Single-family housing starts and building permits weakened further during the quarter, suggesting softer construction activity. Builders also continued balancing production with inventory levels rather than pursuing aggressive expansion, which likely restrained revenue growth across many residential-focused companies.
Non-Residential Markets Presented a Mixed PictureCommercial construction trends likely varied considerably by end market. Data centers, healthcare facilities, public buildings and education projects probably remained relatively resilient, supported by strong project pipelines and long-duration contracts. Conversely, office construction continued to face structural weakness, while several manufacturing and warehouse projects progressed more cautiously amid higher financing costs and evolving capital-spending priorities. Industrial construction also reflected mixed trends, as reshoring investments remained selective and some factory projects were delayed because of rising costs. Warehouse construction showed signs of recovery after an extended slowdown, though developers remained disciplined.
Margins Likely Reflected Both Pricing Strength and Cost PressuresProfitability across the sector is expected to have remained uneven. Contractors with specialized capabilities, disciplined bidding strategies and favorable contract structures likely preserved margins through pricing actions and efficient project execution. Companies benefiting from higher-margin data center and infrastructure work may have reported continued margin resilience. However, rising labor expenses, tariffs on construction materials, supply-chain disruptions and equipment procurement costs likely continued to pressure project economics. Homebuilders probably experienced additional margin compression from elevated incentives and higher input costs, while commercial contractors with fixed-price contracts may also have encountered cost inflation challenges.
Q2 ExpectationsPer the latest Earnings Trends report, construction sector earnings are expected to decline 3.4% for the second quarter from a year ago. This indicates a narrower decrease from the first quarter of 2026’s 4.7% decline. Revenues, however, are projected to grow 4.8%, suggesting a decline from 5.8% growth registered in the preceding quarter.
Second-quarter 2026 earnings are expected to underscore a construction industry increasingly divided between resilient infrastructure and technology-driven projects on one hand, and a still-challenging residential and traditional commercial environment on the other. Companies with diversified end-market exposure, strong execution capabilities and sizable backlogs are likely to remain the sector's best performers in the current environment.
The Zacks MethodologyPicking the right stock could be difficult unless one knows the proper method. To make the task simple, we rely on the Zacks methodology, combining a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) and a positive Earnings ESP.
Our proprietary methodology, Earnings ESP, shows the percentage difference between the Most Accurate Estimate and the Zacks Consensus Estimate. Research shows that for stocks with this combination of the Zacks Rank and ESP, chances of a positive earnings surprise are as high as 70%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Winning StocksFor investors willing to adopt this strategy, we have highlighted five construction stocks that may stand out this earnings season.
CRH — a global provider of building materials and solutions serving infrastructure, non-residential, and residential construction — topped earnings estimates in two of the trailing four quarters, met in one and missed on another occasion, with the average surprise being 0.7%.
CRH is likely to beat expectations when it reports second-quarter 2026 results on July 30, 2026, before the opening bell. This Zacks Rank #3 company has an Earnings ESP of +4.08%. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for CRH’s second-quarter EPS is pegged at $1.96, representing 1% growth from the year-ago reported figure.
KBR — a global engineering, construction and services firm serving the global energy and international government services markets — topped earnings estimates in all the trailing four quarters, with the average surprise being 4.8%.
KBR is likely to beat expectations when it reports second-quarter 2025 results on July 30, before the opening bell. This Zacks Rank #3 company has an Earnings ESP of +8.70%.
The Zacks Consensus Estimate for KBR’s second-quarter EPS is pegged at 92 cents, representing growth of 1.1% from the year-ago reported figure on a 3.5% revenue decline.
Owens Corning — A branded building products leader with market-leading roofing, insulation and door businesses serving residential markets across North America and Europe — topped earnings estimates in three of the trailing four quarters, with the average being 3.8%.
Owens Corning is likely to beat expectations when it reports second-quarter 2026 results on Aug. 5, 2026, before market open. This Zacks Rank #3 company has an Earnings ESP of +1.66%.
The Zacks Consensus Estimate for Owens Corning’s second-quarter EPS is pegged at $3.06, representing a decline of 27.3% from a year ago.
Owens Corning Inc Price and EPS SurpriseSPX Technologies — supplies engineered HVAC, detection and measurement solutions across North America and international markets — topped earnings estimates in all the trailing four quarters, with the average surprise being 9.7%.
SPX Technologies is likely to beat expectations when it reports second-quarter 2026 results on July 30, 2026, before market open. This Zacks Rank #2 company has an Earnings ESP of +1.35%.
The Zacks Consensus Estimate for SPX Technologies’ second-quarter EPS is pegged at $1.85, representing growth of 12.1% from a year ago on 15.1% higher revenues.
Amentum — provides engineering and technology solutions in the United States and internationally — topped earnings estimates in all the trailing four quarters, with the average surprise being 4%.
Amentum is likely to beat expectations when it reports third-quarter fiscal 2026 results on Aug. 11, 2026, before market open. This Zacks Rank #2 company has an Earnings ESP of +3.18%.
The Zacks Consensus Estimate for Amentum’s fiscal third-quarter EPS is pegged at 63 cents, representing growth of 12.5% from a year ago on 1% higher revenues.
Snap-On (SNA - Free Report) reported $1.24 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 4.7%. EPS of $4.96 for the same period compares to $4.72 a year ago.
The reported revenue represents a surprise of +1.12% over the Zacks Consensus Estimate of $1.22 billion. With the consensus EPS estimate being $4.90, the EPS surprise was +1.22%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Snap-On performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- Financial Services Revenue: $99.7 million versus $102.57 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -2% change.Net Sales- Intersegment eliminations: $-149.8 million versus $-135.47 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +17% change.Net Sales- Repair Systems & Information Group: $480.3 million versus $488.12 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +2.5% change.Net Sales- Snap-on Tools Group: $508.8 million versus $504.15 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +3.6% change.Net Sales- Commercial & Industrial Group: $395.8 million versus $366.85 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +13.8% change.Operating earnings / (losses)- Financial services: $67.5 million versus $69.07 million estimated by three analysts on average.Operating earnings / (losses)- Commercial & Industrial Group: $66.5 million versus the two-analyst average estimate of $56.51 million.Operating earnings / (losses)- Corporate: $-27.8 million compared to the $-27.66 million average estimate based on two analysts.Operating earnings / (losses)- Snap-on Tools Group: $115.1 million compared to the $119.05 million average estimate based on two analysts.Operating earnings / (losses)- Repair Systems & Information Group: $115.1 million versus the two-analyst average estimate of $122.69 million.View all Key Company Metrics for Snap-On here>>>
Shares of Snap-On have returned +3.6% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Wall Street expects a year-over-year increase in earnings on lower revenues when Olin (OLN - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis chlor-alkali and ammunition producer' is expected to post quarterly earnings of $0.07 per share in its upcoming report, which represents a year-over-year change of +40%.
Revenues are expected to be $1.72 billion, down 2.2% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 7.33% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Olin?For Olin, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +42.18%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Olin will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Olin would post a loss of$0.67 per share when it actually produced a loss of -$0.65, delivering a surprise of +2.99%.
Over the last four quarters, the company has beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Olin appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerMethanex (MEOH - Free Report) , another stock in the Zacks Chemical - Diversified industry, is expected to report earnings per share of $4 for the quarter ended June 2026. This estimate points to a year-over-year change of +312.4%. Revenues for the quarter are expected to be $1.41 billion, up 77.4% from the year-ago quarter.
Over the last 30 days, the consensus EPS estimate for Methanex has been revised 13.9% up to the current level. Nevertheless, the company now has an Earnings ESP of +0.06%, reflecting a higher Most Accurate Estimate.
This Earnings ESP, combined with its Zacks Rank #2 (Buy), suggests that Methanex will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed EPS estimates just once.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Wall Street expects a year-over-year increase in earnings on higher revenues when Agco (AGCO - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis farm equipment maker is expected to post quarterly earnings of $1.50 per share in its upcoming report, which represents a year-over-year change of +11.1%.
Revenues are expected to be $2.71 billion, up 3% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.53% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Agco?For Agco, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.51%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Agco will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Agco would post earnings of $0.44 per share when it actually produced earnings of $0.94, delivering a surprise of +113.64%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Agco appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
United Bankshares (UBSI - Free Report) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +6.74%. A quarter ago, it was expected that this holding company for United Bank would post earnings of $0.85 per share when it actually produced earnings of $0.89, delivering a surprise of +4.71%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
United Bankshares, which belongs to the Zacks Banks - Southeast industry, posted revenues of $324.61 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.99%. This compares to year-ago revenues of $306.79 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.
United Bankshares shares have added about 22.2% since the beginning of the year versus the S&P 500's gain of 9.6%.
What's Next for United Bankshares?While United Bankshares 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 United Bankshares 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 $0.92 on $329.42 million in revenues for the coming quarter and $3.64 on $1.3 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, Banks - Southeast is currently in the top 31% 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, HomeTrust Bancshares (HTB - Free Report) , has yet to report results for the quarter ended June 2026.
This holding company for HomeTrust Bank is expected to post quarterly earnings of $0.89 per share in its upcoming report, which represents a year-over-year change of -11%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
HomeTrust Bancshares' revenues are expected to be $53.22 million, down 2.2% from the year-ago quarter.
For the quarter ended June 2026, United Bankshares (UBSI - Free Report) reported revenue of $324.61 million, up 5.8% over the same period last year. EPS came in at $0.95, compared to $0.85 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $321.44 million, representing a surprise of +0.99%. The company delivered an EPS surprise of +6.74%, with the consensus EPS estimate being $0.89.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how United Bankshares performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency Ratio: 47.8% versus the three-analyst average estimate of 48.1%.Earning assets-Average balance: $30.1 billion compared to the $30.48 billion average estimate based on three analysts.Net interest margin: 3.8% compared to the 3.8% average estimate based on three analysts.Net Charge-off (% of Average Loans): 0.1% versus the two-analyst average estimate of 0.1%.Income from mortgage banking operations: $2.92 million versus the three-analyst average estimate of $2.86 million.Total Noninterest Income: $38.51 million compared to the $32.54 million average estimate based on three analysts.Income from bank-owned life insurance: $3.13 million versus the two-analyst average estimate of $3.3 million.Fees from deposit services: $10.07 million versus $10.06 million estimated by two analysts on average.Other service charges, commissions, and fees: $1.23 million versus $1.13 million estimated by two analysts on average.Bankcard fees and merchant discounts: $2.37 million compared to the $2.03 million average estimate based on two analysts.Net Interest Income (Taxable Equivalent): $286.1 million compared to the $288.74 million average estimate based on two analysts.Net Interest Income: $285.31 million versus the two-analyst average estimate of $287.93 million.View all Key Company Metrics for United Bankshares here>>>
Shares of United Bankshares have returned +2.7% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Investor litigation firm Kaskela Law announces that it is investigating QuidelOrtho Corporation (Nasdaq: QDEL) (“QuidelOrtho”) on behalf of the company’s long-term investors.
Click here for additional information: https://kaskelalaw.com/case/quidelortho-corp/
Recently a securities fraud complaint was filed against QuidelOrtho on behalf of certain investors who purchased shares of the company’s stock between February 17, 2022 and April 1, 2024 (the “Wrongdoing Period”). According to the complaint, during the Wrongdoing Period, the defendants made a series of materially false and misleading statements to investors concerning QuidelOrtho’s business, operations, and prospects.
As further detailed in the complaint, on February 13, 2024, QuidelOrtho issued a press release reporting disappointing quarterly financial results, and “slashed” its 2024 financial forecasts, including a dramatic cut to its COVID-19 revenue forecast. On this news, shares of the company’s stock fell $21.50 per share, or 32% in value, to close on February 14, 2024 at $45.27 per share, on unusually heavy trading volume.
The investigation seeks to determine whether the members of QuidelOrtho’s board of directors violated the securities laws and/or breached their fiduciary duties in connection with the above alleged misconduct.
Current QuidelOrtho shareholders who purchased or acquired their QDEL shares prior to February 13, 2024 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) for additional information about this investigation and their legal rights and options at (484) 229 – 0750, by email at [email protected], or online at:
https://kaskelalaw.com/case/quidelortho-corp/
ABOUT KASKELA LAW:
Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis (i.e., the firm’s clients are never responsible for any out-of-pocket costs for legal representation). Since 2020, the firm has helped to recover over $500 million for investors. For additional information about Kaskela Law LLC, including the firm’s recent notable recoveries for investors, please visit www.kaskelalaw.com.
This communication may constitute attorney advertising in certain jurisdictions.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260723699295/en/
NEW YORK, July 23, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquired the securities of Hub Group, Inc. (“Hub Group” or the “Company”) (NASDAQ: HUBG) between April 28, 2023 and May 11, 2026, inclusive.
Should You Join The Hub Group Class Action Lawsuit:
Do you, or did you, own shares of Hub Group, Inc. (NASDAQ: HUBG)?Did you purchase your shares between April 28, 2023 and May 11, 2026, inclusive?Did you lose money in your investment in Hub Group, Inc.? What To Do Next:
Investors are encouraged to act promptly and submit a form at Hub Group, Inc. Shareholder Class Action Lawsuit or contact Investor Relations Manager Peter Allocco at (212) 951-2030 or [email protected].
If you wish to serve as lead plaintiff for the Class, you must file papers by August 28, 2026. A lead plaintiff is a representative party acting on other class members’ behalf in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
About The Lawsuit:
The lawsuit alleges that defendants made materially false and misleading statements and omissions regarding the Company’s business operations, growth prospects, and financial stability. As a result of these alleged misrepresentations, Hub Group securities traded at artificially inflated prices during the Class Period. When the truth was disclosed, investors allegedly suffered significant losses.
About Bernstein Liebhard:
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for sixteen consecutive years.
, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Hub Group, Inc. ("Hub Group" or the "Company") (NASDAQ: HUBG). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
The class action concerns whether Hub Group and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
You have until August 28, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Hub Group securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.
[Click here for information about joining the class action]
On February 5, 2026, Hub Group announced that the Company's financial statements for the first three quarters of 2025 should not be relied upon due to "an error that resulted in the understatement of purchased transportation costs and accounts payable in the first nine months of 2025." The Company revealed that its reports for those quarters "were in each case materially misstated due to the aforementioned error and should no longer be relied upon" and that "the Company [wa]s also continuing to assess the effectiveness of its disclosure controls and procedures and internal control over financial reporting and appropriate remediation steps." The Company also estimated that "[t]he total amount of the reduction to accounts payable and purchased transportation costs related to this issue that was recorded during these periods is $77 million." As such, Hub Group stated that it "plans to restate its financial statements for the first, second and third quarters of 2025."
On this news, Hub Group's stock price fell $9.37 per share, or 18.25%, to close at $41.96 per share on February 6, 2026.
Then, on May 12, 2026, Hub Group announced that it had "identified certain transactions that were prematurely or incorrectly recognized or not adequately supported," causing its 2023 and 2024 annual reports filed with the SEC to be "materially misstated," such that they "should no longer be relied upon." The Company did not quantify the expected misstatement, although it "expect[ed] to conclude that it did not maintain effective disclosure controls and procedures and internal control over financial reporting for each of the years ended December 31, 2024 and 2023."
On this news, Hub Group's stock price fell $5.24 per share, or 12.52%, to close at $36.62 per share on May 12, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
Kevin Beth Allegedly Oversaw Hub Group's $77 Million Cost Understatement and Signed SOX Certifications Attesting to Financial Accuracy Before His Departure in May 2026
, /PRNewswire/ -- SueWallSt notifies investors in Hub Group, Inc. (NASDAQ: HUBG) that Kevin Beth, the Company's former Chief Financial Officer, is named as a defendant in a securities class action covering purchases between April 28, 2023, and May 11, 2026. Find out if you may qualify to recover losses. You may also contact Joseph E. Levi, Esq. at [email protected] or (888) SueWallSt.
Hub Group shares fell a cumulative $14.71 per share, or 28.6%, from a Class Period high of $51.33 to $36.62 following two corrective disclosures that revealed materially misstated financials spanning three years. The last day to move for lead plaintiff is August 28, 2026.
Kevin Beth's Tenure and Financial Oversight Responsibilities
Beth served as Hub Group's CFO, Executive Vice President, and Treasurer from January 1, 2024, until the announcement of his departure on May 28, 2026. Before becoming CFO, he served as the Company's Chief Accounting Officer and EVP, giving him direct involvement in Hub Group's financial reporting processes across a significant portion of the Class Period.
As CFO, Beth was responsible for the accuracy of Hub Group's financial disclosures, signed quarterly and annual SEC filings, and provided Sarbanes-Oxley certifications attesting that the Company's financial statements "fairly present in all material respects the financial condition, results of operations and cash flows" of Hub Group.
What Beth Allegedly Oversaw
The complaint identifies specific actions and statements attributed to Beth during his tenure as CFO:
Signed Hub Group's Forms 10-Q and 10-K filed with the SEC from Q1 2023 through Q3 2025 Provided SOX certifications for each filing period affirming that disclosure controls were effective and financial statements were materially accurate Stated on the Q1 2025 earnings call that purchased transportation costs decreased $82 million "due to strong cost controls as well as lower rail and warehouse expenses," when costs were allegedly understated by tens of millions Repeated similar cost reduction claims on Q2 and Q3 2025 earnings calls, each time attributing declines to operational efficiency rather than accounting errors Departed the Company on May 28, 2026, just sixteen days after the second corrective disclosure on May 12, 2026 rendered 2023 and 2024 annual reports unreliable Beth's SOX Certifications and Personal Liability
Under Sections 302 and 906 of the Sarbanes-Oxley Act, the certifying officer bears personal responsibility for the accuracy of financial statements filed with the SEC. The lawsuit contends that Beth certified financial statements he knew, or should have known, contained material misstatements regarding purchased transportation costs and accounts payable.
The action further asserts that Beth, as a controlling person under Section 20(a) of the Exchange Act, had the power to influence the content of Hub Group's SEC filings and public statements, and failed to ensure their accuracy.
"Individual officers who sign SEC certifications bear personal responsibility for the accuracy of corporate disclosures. When a company later admits those disclosures were materially misstated across multiple years, the certifying officers face serious questions about what they knew and when." -- Joseph E. Levi, Esq.
Submit your information here or call (888) SueWallSt.
LEAD PLAINTIFF DEADLINE: August 28, 2026
WHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
Frequently Asked Questions About the HUBG Lawsuit
Q: Who are the defendants named in the HUBG lawsuit? A: The complaint names Hub Group, Inc. and individual defendants including CEO Phillip Yeager, Executive Chairman David Yeager, former CFO Kevin Beth, former CFO Geoffrey DeMartino, CAO Dennis Mathews, and former CAO Brent Rhodes, all of whom signed SEC filings or made public statements during the Class Period.
Q: What specific misstatements does the HUBG lawsuit allege? A: The complaint alleges Hub Group materially misstated its financial results by understating purchased transportation costs and accounts payable, prematurely recognizing revenue, and falsely certifying that internal controls were effective, across filings from 2023 through the first three quarters of 2025.
Q: What if I already sold my HUBG shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.
Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.
Q: How do I know if I lost enough money to be the lead plaintiff? A: There is no minimum loss threshold. Courts appoint the investor with the largest provable loss who is willing and able to represent the class adequately. Contact Levi & Korsinsky before August 28, 2026 to evaluate.
Q: What do HUBG investors need to do right now? A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Contact SueWallSt, a brand of Levi & Korsinsky LLP, for a no-cost, no-obligation case evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible as an absent class member.
Q: Has Levi & Korsinsky handled similar cases before? A: Yes, including securities class actions involving revenue inflation, earnings guidance fraud, financial restatements, and executive misconduct across numerous industries.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (888) SueWallSt
Fax: (212) 363-7171
Attorney Advertising. Prior results do not guarantee similar outcomes.
NEW ORLEANS, July 23, 2026 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until August 28, 2026 to file lead plaintiff applications in a securities class action lawsuit against Hub Group, Inc. (NasdaqGS: HUBG) (“Hub” or the “Company”), if they purchased or otherwise acquired the Company’s securities between April 28, 2023 and May 11, 2026, inclusive (the “Class Period”). This action is pending in the United States District Court for the Northern District of Illinois.
Get Help
Hub investors should visit us at https://www.claimsfiler.com/cases/nasdaqgs-hubg or call toll-free (833) 538-3601. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.
About the Lawsuit
Hub Group and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On February 5, 2026, the Company disclosed that its financial statements and reports for the first three quarters of 2025 should not be relied upon due to “an error that resulted in the understatement of purchased transportation costs and accounts payable in the first nine months of 2025” and that it planned to restate the statements. On this news, the price of Hub Group shares fell approximately 18%, from $51.33 per share on February 5, 2026 to $41.96 on February 6, 2026.
Then, on May 12, 2026, the Company disclosed that it had “identified certain transactions that were prematurely or incorrectly recognized or not adequately supported,” causing its 2023 and 2024 annual reports filed with the SEC to be “materially misstated,” such that they should no longer be relied upon, and “expect[ed] to conclude that it did not maintain effective disclosure controls and procedures and internal control over financial reporting for each of the years ended December 31, 2024 and 2023.” On this news, the price of Hub Group shares fell an additional 13%, from $41.86 per share at close on May 11, 2026 to $36.62 on May 12, 2026.
The case is Lawler v. Hub Group, Inc., et al, No. 26-cv-07596.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
NEW YORK, July 23, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquired the securities of Insulet Corporation (“Insulet” or the “Company”) (NASDAQ: PODD) between February 21, 2025 and May 26, 2026, inclusive.
Should You Join The Insulet Class Action Lawsuit:
Do you, or did you, own shares of Insulet Corporation (NASDAQ: PODD)?Did you purchase your shares between February 21, 2025 and May 26, 2026, inclusive?Did you lose money in your investment in Insulet Corporation? What To Do Next:
Investors are encouraged to act promptly and submit a form at Insulet Corporation Shareholder Class Action Lawsuit or contact Investor Relations Manager Peter Allocco at (212) 951-2030 or [email protected].
If you wish to serve as lead plaintiff for the Class, you must file papers by August 31, 2026. A lead plaintiff is a representative party acting on other class members’ behalf in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
About The Lawsuit:
A lawsuit was filed on behalf of investors (the “Class”) who purchased or acquired the securities of Insulet between February 21, 2025 and May 26, 2026, inclusive, alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its senior officers.
The lawsuit alleges that defendants made materially false and misleading statements and omissions regarding the Company’s business operations, growth prospects, and financial stability. As a result of these alleged misrepresentations, Insulet securities traded at artificially inflated prices during the Class Period. When the truth was disclosed, investors allegedly suffered significant losses.
About Bernstein Liebhard:
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for sixteen consecutive years.
, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Insulet Corporation ("Insulet" or the "Company") (NASDAQ: PODD) and certain officers. The class action, filed in the United States District Court for the District of Massachusetts, and docketed under 26-cv-13062, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Insulet securities between February 21, 2025 and May 26, 2026, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are an investor who purchased or otherwise acquired Insulet securities during the Class Period, you have until August 31, 2026, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
[Click here for information about joining the class action]
Insulet develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes in the United States ("U.S.") and internationally.
The Company offers, inter alia, its "Omnipod 5" automated insulin delivery ("AID") system, which includes a proprietary AID algorithm embedded in the pod that integrates with a third-party continuous glucose monitor to obtain glucose values through wireless Bluetooth communication; and its "Omnipod Dash", which features a Bluetooth enabled Pod that is controlled by a smartphone-like Personal Diabetes Manager.
Insulet also formerly offered the Omnipod Insulin Management System, its predecessor to the Omnipod 5, prior to the Class Period, but had already begun to phase out the product by the start of the Class Period.
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Insulet's manufacturing controls and procedures were defective; (ii) the foregoing created a foreseeable heightened risk that one or more Insulet products would be found to be in violation of applicable safety regulations and/or pose a risk of injury; and (iii) as a result, Defendants' public statements were materially false and misleading at all relevant times.
The truth began to emerge on March 12, 2026, when Insulet disclosed that it had "initiated a voluntary Medical Device Correction for specific lots of Omnipod® 5 Pods after identifying a manufacturing issue through its ongoing product monitoring."
On this news, Insulet's stock price fell $16.23 per share, or 6.88%, to close at $219.84 per share on March 13, 2026.
Then, on May 26, 2026, Insulet disclosed the "initat[ion]" of another "voluntary Medical Device Correction", this time "for specific lots of Omnipod® 5, Omnipod Dash®, and Omnipod® Insulin Management System (Omnipod Eros) Pods due to a manufacturing issue, identified through ongoing product monitoring, that could result in insulin under-delivery."
On this news, Insulet's stock price fell $7.79 per share, or 5.07%, to close at $146.01 per share on May 27, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered billions of dollars in damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
Insulet's SEC Filings Touted Quality Assurance Inspections "At Various Steps in the Manufacturing Cycle" While Defective Controls at Its Acton Facility Allegedly Produced 7 Million Flawed Pods
, /PRNewswire/ -- SueWallSt examines the adequacy of Insulet Corporation's (NASDAQ: PODD) risk disclosures during the Class Period of February 21, 2025 through May 26, 2026. A securities class action has been filed alleging that Insulet's public filings contained materially misleading statements about manufacturing quality while defective controls at the Company's Acton, Massachusetts facility went undisclosed. Investors who lost money on PODD may find out if you might qualify for recovery or contact Joseph E. Levi, Esq. at [email protected] or (888) SueWallSt.
Shares declined a cumulative $24.02 per share across two corrective disclosures, falling from $236.07 to $146.01, after the Company initiated Medical Device Corrections affecting millions of Omnipod insulin delivery devices. The lead plaintiff deadline is August 31, 2026.
What the Company Disclosed in SEC Filings
Insulet's FY 2024 and FY 2025 annual reports on Form 10-K contained nearly identical quality assurance language. Both filings stated that outside vendors "are audited periodically by our Quality team to confirm conformity with the specifications, policies, and procedures for our products" and that the Quality team "inspects and tests our products at various steps in the manufacturing cycle to facilitate compliance with our specifications."
Quarterly filings on Form 10-Q during the Class Period projected that gross margins would "increase compared with 2024 primarily due to improved manufacturing efficiencies."
What the Lawsuit Alleges Was Missing
The action contends that these boilerplate quality assurance descriptions concealed specific, known deficiencies in Insulet's manufacturing controls at its Acton facility. The complaint charges that:
Cannula handling procedures at the Acton plant were defective, producing pods with small tears in internal tubing that could cause insulin to leak or under-deliver The Company's quality inspection process failed to detect these defects before distribution, despite claiming multi-step testing Risk factor language in SEC filings described general manufacturing risks without disclosing that specific, identified control failures were already producing defective units After the March 2026 recall, management claimed the issue was limited to "specific lots" and that unreleased pods were "very safe to use," when the same cannula tear defect would trigger a second, far larger recall two months later Why Generic Warnings Allegedly Failed to Protect Investors
The complaint challenges the gap between Insulet's specific public assurances and its generic risk factor language. Executives made concrete representations about manufacturing quality. On earnings calls, management stated the Company had "pioneered advanced automation" and could "deliver tens of millions of complex electromechanical devices per year at medical standards." The FY 2025 earnings call featured the claim that Insulet produces pods "with high-quality medical-grade quality at consumer electronic scale."
The lawsuit maintains that generic risk disclosures about potential manufacturing problems did not cure allegedly misleading affirmative statements about product quality and manufacturing controls. The May 2026 MDC revealed that approximately 7 million pods, representing 8.5% of 2025 global production, were affected by the same type of cannula tear defect.
"Generic risk factor language cannot substitute for disclosing specific, known problems that are already affecting a company's operations. When a company's SEC filings describe robust quality controls while manufacturing defects are producing millions of flawed medical devices, investors are denied the information they need to make informed decisions." -- Joseph E. Levi, Esq.
LEAD PLAINTIFF DEADLINE: August 31, 2026
Submit your information now or call (888) SueWallSt.
WHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
Frequently Asked Questions About the PODD Lawsuit
Q: What specific misstatements does the PODD lawsuit allege? A: The complaint alleges Insulet made materially false or misleading statements regarding the quality and safety of its Omnipod manufacturing processes during the Class Period, while its Acton, Massachusetts facility was producing pods with defective cannula handling that caused insulin under-delivery. When two Medical Device Corrections revealed the scope of the problem, shares declined significantly.
Q: When did Insulet allegedly mislead investors? A: The class period runs from February 21, 2025 to May 26, 2026. During this time, SEC filings and executive statements allegedly presented a misleading picture of manufacturing quality. The truth emerged through corrective disclosures on March 12, 2026 and May 26, 2026.
Q: What is the PODD lead plaintiff deadline? A: The deadline to apply for lead plaintiff appointment is August 31, 2026. This deadline applies only to investors seeking to serve as lead plaintiff. Class members who do not apply may still participate in any recovery without taking action before this date.
Q: What if I already sold my PODD shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought during the class period and sold at a loss may still participate.
Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. You submit a claim form to receive your portion of recovery.
Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.
Q: What documents do I need to make a claim? A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.
Q: What if I missed the lead plaintiff deadline? A: The deadline applies only to investors seeking lead plaintiff appointment. Class members who miss it can still participate in any settlement or recovery.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
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Fax: (212) 363-7171
Attorney Advertising. Prior results do not guarantee similar outcomes.
Key Takeaways RPM enters fiscal 2027 with 3% to 7% sales growth outlook and favorable construction backlogs.RPM targets about $75M in SG&A savings to support 5% to 10% adjusted EBITDA growth.RPM faces DIY weakness, raw material inflation and customer concentration risks entering fiscal 2027. RPM International Inc. (RPM - Free Report) enters fiscal 2027 with operating momentum in construction-linked businesses and a still-muted consumer backdrop.
The stock story depends on whether demand for engineered systems, repair work and efficiency savings can keep offsetting do-it-yourself weakness and early-year inflation.
How RPM International Makes MoneyRPM manufactures high-performance coatings, sealants and specialty chemicals used mainly in maintenance and improvement applications. Its products were sold in nearly 167 countries and territories as of May 31, 2026.
Its mix spans Construction Products, Performance Coatings, Consumer and Specialty-related operations after portfolio changes moved units into the larger groups. Products include roofing systems, concrete repair, flooring, fireproofing, hobby paints, caulks, adhesives, wood stains and building-envelope solutions.
RPM Gains From Repair and Infrastructure DemandInfrastructure and repair work remain central to RPM’s fiscal 2027 setup. Construction Products Group sales rose 8.8% in the latest quarter, supported by concrete admixtures, roofing restoration systems and labor-saving wall systems.
Performance Coatings Group sales increased 5%, helped by fireproofing systems, infrastructure projects and emerging-market demand. Backlogs in both construction segments were favorable entering fiscal 2027, while full-year consolidated sales are expected to increase 3% to 7%.
RPM Uses Systems To Win More Project SpendRPM’s system-selling strategy gives it a way to capture more of each project. Integrated roofing, wall, flooring and building-envelope offerings can simplify procurement, reduce labor needs and shorten construction schedules.
That matters when customers are managing tight timelines and skilled-labor constraints. The strategy also differentiates RPM from broader coatings peers such as The Sherwin-Williams Company (SHW - Free Report) , a major paints and coatings company, by emphasizing bundled project solutions rather than stand-alone product volume alone.
RPM Expands With Deals and Efficiency ProgramsAcquisitions are adding capability and category exposure. Kalzip brings metal roofing and façade offerings to Construction Products, while The Pink Stuff and Ready Seal supported Consumer Group sales during soft do-it-yourself conditions.
Efficiency is the other lever. RPM expects previously announced actions to generate about $75 million of fiscal 2027 selling, general and administrative benefits, including about $25 million in the fiscal first quarter, while plant consolidation and MAP-driven process work support its 5% to 10% adjusted EBITDA growth outlook.
What Could Slow RPM InternationalCost pressure is the clearest near-term issue. Raw material inflation is expected to remain elevated in the first half of fiscal 2027, with price-cost likely somewhat negative before improving later in the year.
Consumer demand is another constraint. Organic sales in the Consumer Group declined 0.8% in the latest quarter, and unit volumes fell about 2% to 3%. Masco Corporation (MAS - Free Report) , which operates in branded home improvement and building products, offers a relevant comparison point for investors watching consumer repair and remodeling demand.
Customer concentration adds risk because large retail customers accounted for about 65% of Consumer segment sales in fiscal 2025 and 22% of consolidated sales. Weather, interest rates and broader economic conditions can also affect construction, roofing and exterior paint demand.
How RPM’s Ratings Fit This StoryThe bottom line is balanced. RPM has credible drivers in infrastructure, restoration, acquisitions and cost discipline, but the near-term signal is not aggressive because inflation and consumer softness still limit earnings visibility.
The stock currently carries a Zacks Rank #3 (Hold). Its VGM Score of D, Value Score of C, Growth Score of C and Momentum Score of F point to a mixed style profile, especially after the current fiscal-year earnings estimate moved 0.4% lower over the past four weeks. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Those ratings fit a cautious stance. The Style Scores are designed to complement the Zacks Rank, and higher scores generally indicate more favorable value, growth or momentum characteristics. RPM’s current mix suggests investors may want more confirmation from estimate trends, margin recovery and consumer stabilization before taking a stronger view.
RPM International's earnings beat and construction strength support the story, but inflation, DIY weakness and modest upside keep the stock in hold territory.
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of HCA Healthcare, Inc. ("HCA" or the "Company") (NYSE: HCA). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether HCA and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On July 14, 2026, HCA issued a press release reporting its preliminary financial and operating results for the second quarter of 2026. Among other items, HCA sharply lowered its full-2026 profit guidance, citing an unfavorable shift in the Company's payer mix, which impacted revenue by approximately $400 million in the quarter.
On this news, HCA's stock price fell $27.14 per share, or 6.95%, to close at $363.60 per share on July 14, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
Wall Street expects a year-over-year decline in earnings on higher revenues when Ryan Specialty Group (RYAN - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on July 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis insurance company is expected to post quarterly earnings of $0.61 per share in its upcoming report, which represents a year-over-year change of -7.6%.
Revenues are expected to be $873.71 million, up 2.2% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.78% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Ryan Specialty?For Ryan Specialty, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Ryan Specialty will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Ryan Specialty would post earnings of $0.43 per share when it actually produced earnings of $0.47, delivering a surprise of +9.30%.
Over the last four quarters, the company has beaten consensus EPS estimates just once.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Ryan Specialty doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
New mineral-based composite trim product is a low-maintenance, durable, and dimensionally stable alternative to PVC
, /PRNewswire/ -- Edge, a leader in exterior trim and siding products and part of UFP Industries (NASDAQ: UFPI), announced today the launch of Arris™, premium mineral-based composite trim made with proprietary Surestone® technology. The product will be on display at the Southeast Building Conference (SEBC) July 29–30, 2026, in Orlando, Florida.
Arris trim by Edge The name "Arris" is drawn from a traditional woodworking term for the sharp, clean edge formed where two surfaces meet. Exterior trim projects frequently require precise mitered corners, but thermal changes can create movement that causes joints to separate, leaving unwanted gaps, particularly with PVC trim products. Arris lives up to its name with minimal thermal movement and tight, clean-looking joints throughout seasonal temperature changes.
"We're proud to be introducing Arris to contractors, builders, and homeowners alike," said Dominic Beaulieu, managing director at Edge. "We've taken the technology and credibility of Surestone, paired that with customer feedback, and applied it to the development of a superior trim product. We're eager to see how this transforms the exterior trim space, and we are committed to bringing this level of advancement to other categories in the future."
Arris showcases innovation never before seen in the industry, creating an entirely new category. More dimensionally stable than traditional trim products, Arris is engineered to solve common jobsite and long-term performance challenges. The use of Surestone technology, a proprietary mineral-based composite first proven in premium Deckorators® decking, sets a new standard for durability and ease of installation.
Arris trim:
Is available now in an S1S2E profile (textured on one side, smooth on three), with an S4S profile (smooth on four sides) to follow Comes in widths ranging from 4–12 inches and nominal 1x and 5/4x thicknesses, launching in 20-foot lengths with shorter and longer options planned Features a durable white capstock that's scratch, scuff, and weather-exposure resistant Is lightweight, easy to work with, and arrives ready to install to streamline project timelines and reduce labor For additional information on Arris, please visit https://www.ufpedge.com/arris.
ABOUT EDGE
Edge is a leading provider of trim, siding, and interior accents. Its product lines include prefinished and natural solutions such as ForgeWood thermally modified siding; the Timeless interior accent board collection; Arris™, a mineral-based composite trim made with Surestone® technology; and the primed, exterior-rated trim lines EvoTrim™, Premium Primed, and Primed SPF. Sourced and manufactured in North America, its high-quality, convenient, and beautiful products make Edge a valued provider to building materials distributors and retailers nationwide. Edge is a brand of UFP Retail Solutions, a business segment of UFP Industries.
Learn more at https://www.ufpedge.com/.
UFP INDUSTRIES, INC. (NASDAQ: UFPI)
UFP Industries, Inc. is a holding company whose operating subsidiaries—UFP Packaging, UFP Construction, and UFP Retail Solutions—manufacture, distribute, and sell a wide variety of value-added products used in residential and commercial construction, packaging, and other industrial applications worldwide. Founded in 1955, the company is headquartered in Grand Rapids, Michigan, with affiliates in North America, Europe, Asia and Australia. For more about UFP Industries, go to www.ufpi.com.
Cinemark Holdings (CNK - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The earnings report, which is expected to be released on July 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis movie theater owner is expected to post quarterly earnings of $0.99 per share in its upcoming report, which represents a year-over-year change of +57.1%.
Revenues are expected to be $1.02 billion, up 8% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 15.08% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Cinemark?For Cinemark, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +6.40%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Cinemark will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Cinemark would post a loss of$0.05 per share when it actually produced a loss of -$0.06, delivering a surprise of -20.00%.
The company has not been able to beat consensus EPS estimates in any of the last four quarters.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Cinemark appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Ameren (AEE - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The earnings report, which is expected to be released on July 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis utility is expected to post quarterly earnings of $1.08 per share in its upcoming report, which represents a year-over-year change of +6.9%.
Revenues are expected to be $2.4 billion, up 8% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 3.72% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Ameren?For Ameren, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.
On the other hand, the stock currently carries a Zacks Rank of #2.
So, this combination makes it difficult to conclusively predict that Ameren will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Ameren would post earnings of $1.17 per share when it actually produced earnings of $1.28, delivering a surprise of +9.40%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Ameren doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of The Ensign Group, Inc. ("Ensign Group" or the "Company") (NASDAQ: ENSG). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether Ensign Group and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On June 8, 2026, Hunterbrook published a short report alleging that Ensign Group's business model relies on inadequate patient care and gaming quality metrics. The Hunterbrook report further alleges that Ensign Group's profits depend on understaffing facilities while routing taxpayer dollars to executives and affiliates, and that patients have suffered and died as a result.
Following publication of the Hunterbrook report, Ensign Group's stock price fell $13.88 per share, or 8.15%, to close at $156.42 per share on June 8, 2026.
Then, on June 11, 2026, Muddy Waters Research published a short report on Ensign Group, alleging possible Medicare and Medicaid fraud via a scheme to rent licenses of administrators of skilled nursing facilities who are not actually managing the facilities, potentially in violation of the False Claims Act.
Following publication of the Muddy Waters report, Ensign's stock price fell $4.52 per share, or 2.98%, to close at $147.13 per share on June 11, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
SAN FRANCISCO, July 23, 2026 (GLOBE NEWSWIRE) -- The Ensign Group (NASDAQ: ENSG) investors saw the price of their shares in the skilled nursing facilities (“SNFs”) provider tumble over 8% on June 8 and another 3% on June 11, 2026 after Hunterbrook Media and Muddy Waters Research, respectively, published highly critical reports questioning Ensign’s business practices.
In total, over $500 million of Ensign’s market capitalization has been wiped out since June 7, 2026, the day before the first of the two reports.
These developments have prompted national shareholder rights firm Hagens Berman to open an investigation into allegations within the two reports and whether Ensign may have violated the federal securities laws.
The firm encourages Ensign investors who suffered substantial losses to submit your losses now.
The Ensign Group (ENSG) Investigation:
The investigation is primarily focused on the propriety of Ensign’s disclosures about SNF acquisitions, regulatory compliance, and certain accounting matters.
In the past, Ensign repeatedly assured investors that “compliance and quality outcomes are precursors to outstanding financial performance” and “we strive to aggressively increase quality in every facility we acquire, and to adjust our overall policies to adapt to CMS’s changing criteria for the Five-Star Quality Rating System.”
But, on June 8, 2026, Hunterbrook published its report, contending in part that “Ensign’s profits can be traced to providing less care than its patients need – and less care than it is meant to provide based on the tax dollars it receives from the government.” In addition, the firm said that “[w]e found Ensign’s growth strategy is to buy struggling nursing homes – then cut staff at those facilities and bank the savings, all while claiming quality improves.”
Then, on June 11, 2026, Muddy Waters Research published its report, adding to Hunterbrook’s analysis. Muddy Waters sent investigators to 57 of Ensign’s SNFs and found “red flags consistent with rented” NHA licenses that enabled “Ensign to state the facilities have licensed Administrators when in fact these administrators are seldom on premise and do not substantively manage the facilities.”
The firm concluded that “this scheme, which could amount to fraud against states, Medicare, and Medicaid, is the pillar upon which Ensign’s acquisition strategy and margins is built[]” and “[u]nder the False Claims Act, if these practices have been in place for one year at ~20% of facilities, we estimate the violations carry theoretical sanctions in the billions of dollars.”
“Our investigation is focused on whether the analysts’ allegations are accurate and, if so, whether Ensign may have misled investors about its business practices and accounting,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.
If you invested in Ensign and have substantial losses, or have knowledge that will assist the firm’s investigation, submit your losses now »
If you’d like more information and answers to other frequently asked questions about the firm’s Ensign investigation, read more »
Whistleblowers: Persons with non-public information regarding Ensign should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.
, /PRNewswire/ -- As the water industry faces growing workforce demands, Pennsylvania American Water, the state's largest regulated water utility, is investing in programs and partnerships that create career opportunities while helping develop the next generation of skilled water professionals.
Workforce development remains a key priority for Pennsylvania American Water as the company works to attract, develop and retain the talent needed to provide safe, clean, reliable and affordable water and wastewater services for customers across the state.
"Like many industries, the water sector is experiencing significant workforce transitions as experienced employees retire and the demand for skilled workers continues to grow," said Pennsylvania American Water President Justin Ladner. "That's why we're investing in programs and partnerships that help connect people with meaningful career opportunities while building the next generation of talent our industry needs."
Pennsylvania American Water recently concluded two sessions of its Flow Forward Summer Camp Program, which offered more than 30 high school sophomores, juniors and seniors from 14 school districts, a multi-day workforce development experience. Participants explored career pathways and participated in hands-on opportunities and mentorship related to jobs in the water and wastewater industries.
The company also offers the Future Wavemakers Internship Program for college students. Designed to cultivate the next generation of water and wastewater industry leaders, this initiative is built on the foundation of mentorship, professional development and real-world projects that align with both students' academic backgrounds and American Water's organizational goals. Interns participate in capstone projects, networking events and skill-building workshops, all while contributing fresh perspectives and innovative ideas to the company. This year, the program welcomed 16 college interns at Pennsylvania American Water workplaces across the state, offering hands-on experience in engineering, finance, operations, health and safety, communications and more.
In addition to internship experiences, the company conducts outreach throughout the year to educate students and adults alike about career paths and job opportunities in the water and wastewater industry. The company also partners with schools, colleges, elected officials, government agencies and non-profits and statewide organizations to promote careers in the water industry through participation at school presentations, facility tours, career fairs, community events and more. To request a Pennsylvania American Water representative at an upcoming career fair or outreach event, interested groups can contact [email protected].
Additionally, the American Water Charitable Foundation's annual Workforce Readiness Grant Program focuses on general career readiness, financial and business literacy, positive youth development and life skills. In 2025, the foundation awarded $75,000 to two non-profit organizations in Pennsylvania through this grant program.
Through these efforts, Pennsylvania American Water is helping create pathways to impactful, rewarding careers while strengthening the workforce that will support the future of the water industry.
To learn more about working at American Water or to view open positions visit jobs.amwater.com.
About American Water
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886 and celebrating 140 years in 2026, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to approximately 14 million people with regulated operations in 14 states and on 18 military installations. American Water's approximately 7,000 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram.
About Pennsylvania American Water
Pennsylvania American Water, a subsidiary of American Water, is the largest regulated water utility in the state with approximately 1,200 dedicated employees working to provide safe, clean, reliable and affordable water and wastewater services to approximately 2.5 million people.
, /PRNewswire/ -- California American Water is investing $2.5 million in its Northern District Well Rehabilitation Program, a multi-year effort to strengthen groundwater infrastructure, maintain well performance, and ensure safe, reliable water service across the region. Customers in the Northern District depend on more than 100 groundwater wells that require ongoing maintenance, rehabilitation, and replacement to support long-term reliability and water supply.
The Well Rehabilitation Program includes upgrades at multiple well sites and will continue through December 2027. These efforts are intended to maintain groundwater production capacity and extend the life of essential water infrastructure.
As part of the program, California American Water recently began rehabilitation at the Auberry Well in Sacramento's Parkway water system. Built in 1989, the well is being cleaned, redeveloped, and tested to optimize performance and improve long-term reliability. Work at the site includes inspections, pump removal and reinstallation, well testing, and condition assessments to enhance overall performance.
"Regular well rehabilitation is an important part of maintaining a resilient and reliable water system," said Usmita Pokhrel, Senior Manager of Engineering at California American Water. "These investments help ensure our groundwater facilities continue operating efficiently, extend the life of critical infrastructure, and provide dependable service for our customers."
Well rehabilitation may involve video inspections, cleaning, redevelopment, pump testing, electrical modifications, and other improvements to restore groundwater production capacity. Additional upgrades may include chemical treatment, freeze protection, equipment upgrades, and piping improvements, both below and above ground.
California American Water coordinates rehabilitation activities to minimize customer impact and maintain reliable water service during construction. No service interruptions are expected as a result of this program.
About American Water
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water's 6,700 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.
For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram.
About California American Water
California American Water, a subsidiary of American Water, provides safe, clean, reliable and affordable water and wastewater services to approximately 750,000 people.
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of AppLovin Corporation ("AppLovin" or the "Company") (NASDAQ: APP). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether AppLovin and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On July 13, 2026, a Bank of America Securities analyst published a note reporting softer-than-expected e-commerce ad growth for the month of June, raising concerns over the rollout of AppLovin's new AI-driven merchant platform.
Following publication of the note, AppLovin's stock price fell $64.13 per share, or 12.65%, to close at $442.85 per share on July 13, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
Constellation Energy’s (CEG) venture arm has taken a stake in a reactor development company that is working around a gas-to-nuclear deployment model in coordination with GE Vernova (GEV). The transaction marks Constellation’s first equity investment in a U.S. nuclear developer focused on advanced small modular reactors (SMRs).
Key Takeaways Constellation Technology Ventures completed its first equity stake in a U.S. advanced SMR developer via Blue Energy. Blue Energy previously raised $380 million to develop multi-gigawatt gas-to-nuclear projects with GE Vernova. Financial advisors can access exposure to both Constellation Energy and GE Vernova through the Range Nuclear Renaissance ETF (NUKZ). Accelerating the Deployment of Small Modular Reactors (SMRs) Constellation’s venture arm has made a strategic equity investment in prefabricated nuclear power plant developer Blue Energy. As the operator behind the largest nuclear reactor fleet in the U.S., Constellation expects the deal to accelerate commercialization. According to a company statement, Constellation’s investment will help Blue Energy meet growing national power demands by making nuclear development predictable, rapidly scalable, and project-financeable.
Furthermore, Constellation said the investment in Blue Energy reinforces its deployment plans for GE Vernova Hitachi’s small modular reactor (SMR), the BWRX-300. The technology provides a proven, scalable path toward next-generation nuclear infrastructure across domestic markets.
See more: Advanced Nuclear Power Projects: Commercial SMR Deals Boost NUKZ
Gas-to-Nuclear Infrastructure Gains Traction The deal follows significant momentum for Blue Energy earlier this year. The firm previously secured $380 million in capital and established a strategic alliance with GE Vernova to construct multi-gigawatt gas-to-nuclear projects.
This energy generation deployment method has attracted strong interest. Power becomes available on-site almost immediately from gas turbines while SMRs are built in the background. Once the reactors are operational, the gas turbines are removed from the site and the load operates only on the clean nuclear power source.
Accessing Nuclear Supply Chains via NUKZ Investors tracking the sector can find direct exposure to these market leaders through nuclear ETFs. Both GE Vernova and Constellation Energy are holdings in the Range Nuclear Renaissance Index ETF (NUKZ). GE Vernova represents the fund’s second-largest position, accounting for 4.3% of total portfolio assets as of July 20.
NUKZ tracks the VettaFi Nuclear Renaissance Index, which provides exposure to companies across the nuclear energy ecosystem, including hardware providers and fuel suppliers.
Looking for nuclear insights in your inbox? Subscribe here to keep a pulse on nuclear investing through our weekly research.
For more news, information, and analysis, visit the Nuclear Energy Content Hub.
vettafi.com is owned by VettaFi LLC (“VettaFi”). VettaFi is the index provider for NUKZ, for which it receives an index licensing fee. However, NUKZ is not issued, sponsored, endorsed, or sold by VettaFi. VettaFi has no obligation or liability in connection with the issuance, administration, marketing, or trading of NUKZ.
Wall Street expects a year-over-year increase in earnings on higher revenues when Huntsman (HUN - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on July 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis chemical company is expected to post quarterly earnings of $0.06 per share in its upcoming report, which represents a year-over-year change of +130%.
Revenues are expected to be $1.55 billion, up 6% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Huntsman?For Huntsman, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +56.80%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Huntsman will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Huntsman would post a loss of$0.23 per share when it actually produced a loss of -$0.20, delivering a surprise of +13.04%.
Over the last four quarters, the company has beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Huntsman appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Schneider National (SNDR - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis trucking company is expected to post quarterly earnings of $0.22 per share in its upcoming report, which represents a year-over-year change of +4.8%.
Revenues are expected to be $1.51 billion, up 6.3% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.34% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Schneider National?For Schneider National, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +1.50%.
On the other hand, the stock currently carries a Zacks Rank of #2.
So, this combination indicates that Schneider National will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Schneider National would post earnings of $0.11 per share when it actually produced earnings of $0.12, delivering a surprise of +9.09%.
Over the last four quarters, the company has beaten consensus EPS estimates just once.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Schneider National appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
An Industry Player's Expected ResultsAmong the stocks in the Zacks Transportation - Services industry, C.H. Robinson Worldwide (CHRW - Free Report) , is soon expected to post earnings of $1.51 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +17.1%. This quarter's revenue is expected to be $4.42 billion, up 6.8% from the year-ago quarter.
The consensus EPS estimate for C.H. Robinson has been revised 0.5% higher over the last 30 days to the current level. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -1.23%.
When combined with a Zacks Rank of #3 (Hold), this Earnings ESP makes it difficult to conclusively predict that C.H. Robinson will beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Wall Street analysts expect Commvault Systems (CVLT - Free Report) to post quarterly earnings of $1.18 per share in its upcoming report, which indicates a year-over-year increase of 16.8%. Revenues are expected to be $311.03 million, up 10.3% from the year-ago quarter.
Over the last 30 days, there has been an upward revision of 4.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
That said, let's delve into the average estimates of some Commvault metrics that Wall Street analysts commonly model and monitor.
Based on the collective assessment of analysts, 'Revenues- Perpetual license' should arrive at $6.57 million. The estimate points to a change of -10.4% from the year-ago quarter.
It is projected by analysts that the 'Revenues- Other services' will reach $12.71 million. The estimate points to a change of -8.6% from the year-ago quarter.
The consensus among analysts is that 'Revenues- Customer support' will reach $80.31 million. The estimate points to a change of +1.6% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Revenues- Subscription' of $211.30 million. The estimate suggests a change of +16.3% year over year.
Analysts expect 'Annualized Recurring Revenue (ARR)' to come in at $1160.77 . The estimate is in contrast to the year-ago figure of $996.20 .
View all Key Company Metrics for Commvault here>>>
Over the past month, Commvault shares have recorded returns of +7.3% versus the Zacks S&P 500 composite's +0.4% change. Based on its Zacks Rank #3 (Hold), CVLT will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Wall Street expects a year-over-year decline in earnings on higher revenues when AptarGroup (ATR - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on July 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis maker of consumer-product dispensing systems is expected to post quarterly earnings of $1.34 per share in its upcoming report, which represents a year-over-year change of -19.3%.
Revenues are expected to be $1 billion, up 3.9% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.47% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for AptarGroup?For AptarGroup, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.56%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that AptarGroup will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that AptarGroup would post earnings of $1.15 per share when it actually produced earnings of $1.19, delivering a surprise of +3.48%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
AptarGroup appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
The market expects Alnylam Pharmaceuticals (ALNY - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis RNA interference drug developer is expected to post quarterly earnings of $2.05 per share in its upcoming report, which represents a year-over-year change of +540.6%.
Revenues are expected to be $1.32 billion, up 70.2% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 2.02% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Alnylam?For Alnylam, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.16%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Alnylam will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Alnylam would post earnings of $1.43 per share when it actually produced earnings of $1.99, delivering a surprise of +39.16%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Alnylam doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
An Industry Player's Expected ResultsAnother stock from the Zacks Medical - Biomedical and Genetics industry, LENZ Therapeutics, Inc. (LENZ - Free Report) , is soon expected to post loss of $1.21 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of -128.3%. Revenues for the quarter are expected to be $2.21 million, down 55.8% from the year-ago quarter.
The consensus EPS estimate for LENZ Therapeutics, Inc. has been revised 7.6% higher over the last 30 days to the current level. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -8.04%.
This Earnings ESP, combined with its Zacks Rank #4 (Sell), makes it difficult to conclusively predict that LENZ Therapeutics, Inc. will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates two times.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Ameriprise Financial Inc (AMP) released its 8-K filing on July 23, 2026, highlighting robust growth in the second quarter of 2026. The financial services giant
Ameriprise Financial Services (AMP - Free Report) came out with quarterly earnings of $11.07 per share, beating the Zacks Consensus Estimate of $10.72 per share. This compares to earnings of $9.11 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +3.27%. A quarter ago, it was expected that this financial services company would post earnings of $10.2 per share when it actually produced earnings of $11.26, delivering a surprise of +10.39%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Ameriprise, which belongs to the Zacks Financial - Investment Management industry, posted revenues of $4.9 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.30%. This compares to year-ago revenues of $4.34 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.
Ameriprise shares have added about 7.4% since the beginning of the year versus the S&P 500's gain of 9.6%.
What's Next for Ameriprise?While Ameriprise 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 Ameriprise was favorable. 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 #2 (Buy) for the stock. So, the shares are expected to outperform 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 $11.21 on $4.93 billion in revenues for the coming quarter and $43.74 on $19.65 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, Financial - Investment Management is currently in the top 31% 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.
Silvercrest (SAMG - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026.
This investment company is expected to post quarterly earnings of $0.13 per share in its upcoming report, which represents a year-over-year change of -48%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Silvercrest's revenues are expected to be $30.9 million, up 0.8% from the year-ago quarter.
For the quarter ended June 2026, Ameriprise Financial Services (AMP - Free Report) reported revenue of $4.9 billion, up 13% over the same period last year. EPS came in at $11.07, compared to $9.11 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $4.79 billion, representing a surprise of +2.3%. The company delivered an EPS surprise of +3.27%, with the consensus EPS estimate being $10.72.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Ameriprise performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Total Assets Under Management - Eliminations: $-47.67 million versus the three-analyst average estimate of $-47.74 million.Total Assets Under Administration: $374.62 million versus the three-analyst average estimate of $365.77 million.Total Assets Under Management - Asset Management AUM: $714.81 million versus $690.55 million estimated by three analysts on average.Total Assets Under Management - Corporate & Other AUM: $1.19 million versus the three-analyst average estimate of $1.05 million.Revenues- Distribution fees: $573 million compared to the $579.01 million average estimate based on four analysts. The reported number represents a change of +14.1% year over year.Revenues- Net investment income: $893 million versus the four-analyst average estimate of $819.41 million. The reported number represents a year-over-year change of +0.2%.Revenues- Premiums, policy and contract charges: $341 million compared to the $367.66 million average estimate based on four analysts. The reported number represents a change of -5.5% year over year.Revenues- Other revenues: $140 million compared to the $148.75 million average estimate based on four analysts. The reported number represents a change of +2.9% year over year.Revenues- Management and financial advice fees: $3.07 billion versus $2.98 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +17.9% change.Revenues- Asset Management- Other revenues: $5 million compared to the $5.4 million average estimate based on two analysts. The reported number represents a change of +25% year over year.Revenues- Asset Management: $947 million versus the two-analyst average estimate of $912.85 million. The reported number represents a year-over-year change of +14.1%.Revenues- Eliminations: $-387 million compared to the $-377.8 million average estimate based on two analysts. The reported number represents a change of +6.9% year over year.View all Key Company Metrics for Ameriprise here>>>
Shares of Ameriprise have returned +14.3% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
Key Takeaways Ameriprise posted Q2 adjusted operating EPS of $11.07, topping estimates as revenues rose 13% y/y.AMP ended the quarter with record AUM and AUA of $1.81 trillion, up 14% from a year earlier.Ameriprise repurchased 1.7 million shares for $774 million as adjusted operating expenses rose 12%. Ameriprise Financial’s (AMP - Free Report) second-quarter 2026 adjusted operating earnings were $11.07 per share, which handily surpassed the Zacks Consensus Estimate of $10.72. The bottom line reflected a rise of 22% from the year-ago quarter.
Results benefited from higher revenues and an improvement in the assets under management (AUM) and assets under administration (AUA) balance to record levels. However, an increase in expenses was a headwind.
After considering significant items, net income (GAAP basis) was $1.11 billion or $11.98 per share, up from $1.06 billion or $10.73 per share in the prior-year quarter.
AMP’s Adjusted Revenues Improve, Expenses RiseAdjusted operating total net revenues in the reported quarter were $4.90 billion, increasing 13% year over year. The top line beat the Zacks Consensus Estimate of $4.79 billion. Total GAAP net revenues were $4.94 billion, up 13% year over year.
Adjusted operating expenses totaled $3.57 billion, rising 12% year over year.
As of June 30, 2026, total AUM and AUA were a record $1.81 trillion, up 14% year over year.
Update on Ameriprise’s Share RepurchasesThe company repurchased 1.7 million shares for $774 million in the reported quarter.
Our Take on AMPAmeriprise is well-positioned for impressive top-line growth on the back of its robust AUM balance and business-restructuring initiatives. However, elevated expenses (mainly due to technology upgrades) will likely continue to hurt the bottom line.
AMP currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performance of Another Asset ManagerBlackRock’s (BLK - Free Report) second-quarter 2026 adjusted earnings of $13.91 per share handily surpassed the Zacks Consensus Estimate of $12.72. The figure reflects a 15% rise from the year-ago quarter.
BLK’s results benefited from a rise in revenues. The AUM balance witnessed robust year-over-year growth, driven by net inflows, to record levels. However, higher expenses created a headwind.
Upcoming Asset Manager ReleaseInvesco (IVZ - Free Report) is scheduled to announce second-quarter 2026 numbers on July 28.
Over the past seven days, the Zacks Consensus Estimate for IVZ’s quarterly earnings has been revised upward to 67 cents. The figure implies a rise of 86.1% from the prior-year quarter’s actual.
The market expects Terex (TEX - Free Report) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis machinery products maker is expected to post quarterly earnings of $1.25 per share in its upcoming report, which represents a year-over-year change of -16.1%.
Revenues are expected to be $2.14 billion, up 43.7% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.73% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Terex?For Terex, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.13%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Terex will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Terex would post earnings of $0.78 per share when it actually produced earnings of $0.98, delivering a surprise of +25.64%.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Terex appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Super Micro Computer finally gets a timely upgrade to a Buy, with renewed AI CapEx imperatives and a rock-solid preliminary Q4 business update. SMCI's gross margin outlook of 15–17% and a $60B+ order backlog provide visibility into a more robust FY2027, despite revenue at the lower end of guidance. But the valuation disconnect is stark. SMCI trades at just 9.4x forward earnings versus peers in the teens or higher, offering an enticing recovery opportunity.
Key Takeaways Western Digital offers AI storage exposure with improving profitability and a stronger balance sheet.WDC benefits from AI-driven HDD demand, long-term customer agreements and rising free cash flow.SMCI is expanding AI server capacity but faces margin, inventory, competition and regulatory risks. AI is driving one of the biggest infrastructure spending cycles in technology history. While much of the attention has centered on GPU leader NVIDIA (NVDA - Free Report) , investors are increasingly looking for secondary beneficiaries across the AI hardware ecosystem. Two companies that stand out are Western Digital Corporation (WDC - Free Report) and Super Micro Computer (SMCI - Free Report) .
Although both firms are tied to AI infrastructure, they operate in very different segments. Western Digital provides the storage solutions needed to handle exploding AI datasets, while Super Micro Computer builds the AI servers that power model training and inference.
So, which stock offers the better investment opportunity? The answer depends on whether investors prioritize stability and long-term data growth or faster revenue expansion with higher execution risk.
The Case for SMCI StockSuper Micro Computer is capitalizing on the AI server boom. The company designs high-performance servers optimized for NVIDIA, AMD and Intel processors, allowing customers to quickly deploy AI infrastructure. Its strength is in its modular “Building Block” design approach. This enables the company to create many product variations rapidly by reusing components across systems. Customers gain more options and quicker access to new technology. It also helps reduce time-to-market and keeps development costs lower. This rapid innovation is essential in today's tech environment, where hardware cycles are shortening, and customers want more customization. SMCI is also improving operations and logistics through increased automation to boost business efficiency.
The company is transforming from a server manufacturer into a full-stack AI data center solutions provider, fueled by strong demand from NeoCloud, AI, enterprise and storage customers. Its Data Center Building Block Solutions (DCBBS) now contribute more than 4% of profits and are expected to account for 25% over time, while software revenue from data center management tools exceeded $46 million, supporting long-term profitability.
Despite ongoing CPU, GPU and memory shortages, the company continues to maintain strong supplier relationships and has seen no disruption in NVIDIA GPU supply. To meet growing AI infrastructure demand, it is expanding manufacturing capacity across the United States, Taiwan, Malaysia and the Netherlands, with its Silicon Valley campus expected to produce more than 6,000 AI racks per month. It also boasts a record backlog and a growing, more diversified customer base, with increasing demand from large and midsized enterprises despite recent legal challenges. Gross margin is projected to remain in the 8.2-8.4% range for fourth quarter, supported by a higher mix of DCBBS, AI enterprise and traditional server sales. Future capital requirements will depend on working capital needs and the pace of AI infrastructure growth.
Image Source: Zacks Investment Research
Nonetheless, SMCI faces several near-term risks despite strong AI-driven revenue growth. Gross margins remain volatile due to pricing pressure, financing costs and the complexity of scaling rack-scale AI and DCBBS solutions. Elevated inventory levels, including write-downs tied to older-generation AI components, increase the risk of further valuation losses and working capital strain as technology cycles evolve. Cash flow has weakened significantly because of higher inventory and reduced accounts payable, resulting in a longer cash conversion cycle and greater liquidity pressure.
The company also faces intense competition from established server vendors and low-cost ODMs, which could lead to pricing pressure and lower profitability. In addition, ongoing U.S. export-control investigations and evolving trade restrictions create regulatory and operational risks. Higher debt levels, driven by working capital and expansion needs, further reduce financial flexibility and could pressure earnings if customer deployments are delayed or financing costs remain elevated.
The Case for WDC StockWestern Digital has transformed into a more focused storage company following the separation of its NAND flash business into Sadisnk (SNDK - Free Report) . Currently, the company is concentrating on high-capacity HDDs, enterprise storage and AI data infrastructure. It is well-positioned to benefit through its enterprise HDD portfolio, especially its UltraSMR and ePMR technologies that deliver increasingly higher storage densities. It has also benefited from improving storage pricing and recovering enterprise demand. AI-related investments by hyperscalers are also driving stronger HDD shipments. WDC's profitability has improved significantly as industry supply discipline has stabilized pricing.
Western Digital continues to benefit from surging AI-driven data storage demand, with workloads such as AI inference, agentic AI, synthetic data and physical AI driving long-term HDD growth. The company is expanding its technology roadmap with 40TB ePMR, 44TB HAMR and UltraSMR drives, targeting capacities beyond 100TB, while next-generation ePMR is expected to ramp in the second half of 2026 and HAMR in 2027.
Western Digital is improving profitability through value-based pricing, lower cost per exabyte and supply chain efficiencies, with gross margin expected to reach 51–52% in the fourth quarter. Long-term customer agreements extending into 2028–2029 provide pricing visibility and support predictable demand, while strong free cash flow enables higher dividends and ongoing share repurchases. It remains focused on increasing drive density rather than expanding manufacturing capacity, maintaining high product quality and reliability to support growing hyperscale customer demand.
Image Source: Zacks Investment Research
In addition, WDC continues to enhance shareholder returns while strengthening its balance sheet. The company raised its quarterly dividend by 20% and is using robust free cash flow to fund share repurchases and strategic investments. In the fiscal third quarter, operating cash flow more than doubled year over year to $1.1 billion, generating $978 million in free cash flow. During the quarter, WD repurchased $752 million of shares, paid $43 million in dividends and reduced debt by $3.1 billion through the sale of SanDisk shares. The company ended the quarter with $2 billion in cash and a net cash position of $450 million, providing greater financial flexibility for future growth.
Price Performance for SMCI & WDCOver the past year, WDC has soared 706.5% while SMCI slipped 41.8%.
Image Source: Zacks Investment Research
Valuation PerspectiveIn terms of the forward 12-month price/earnings ratio, SMCI and WDC are trading at 10.99 and 28.44, respectively, compared with the Computer-Storage Devices industry’s multiple of 12.13.
Image Source: Zacks Investment Research
How Do Zacks Estimates Compare for SMCI & WDC?WDC’s estimate revisions are on an upward trajectory currently. The Zacks Consensus Estimate for WDC’s earnings for fiscal 2026 has been raised 0.5% to $10.07 over the past 60 days, while the same for fiscal 2027 has gone up 7.1% to $18.41.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for SMCI’s earnings for fiscal 2026 has been revised downward.
Image Source: Zacks Investment Research
SMCI or WDC: Which Stock is the Better Buy?Both Western Digital and Super Micro Computer are positioned to benefit from the AI revolution. As enterprises and hyperscalers continue investing aggressively in AI infrastructure, demand for GPU-optimized servers and liquid-cooled racks should remain robust. Investors seeking maximum AI exposure may find SMCI a compelling choice, despite near-term challenges. WDC, however, provides a steadier way to invest in AI. Every AI model, application and inference engine generates vast amounts of data that must be stored, managed and archived. With improving enterprise storage demand, and a focused business strategy, Western Digital offers a balanced combination of AI exposure and financial resilience.
WDC at present sports a Zacks Rank #1 (Strong Buy), while SMCI has a Zacks Rank #3 (Hold). Consequently, in terms of Zacks Rank, Western Digital stands out as the better value investment. You can see the complete list of today’s Zacks #1 Rank stocks here.
Key Takeaways HPE offers diversified AI infrastructure with stronger earnings visibility and backlog support.HPE is benefiting from AI demand, server refresh cycles and the Juniper acquisition across networking.HPE is presented as the safer AI infrastructure choice despite SMCI's record orders and backlog. Super Micro Computer (SMCI - Free Report) and Hewlett Packard Enterprise (HPE - Free Report) are both leading the AI infrastructure space, providing organizations with server-based capabilities that deliver high computing power. Considering the unprecedented growth forecast of the AI market, both companies are likely to capitalize on the emerging trends.
Given this scenario, let's closely examine the fundamentals of the two companies, so investors can make an informed bet.
The Case for SMCI StockSuper Micro Computer is benefiting from a rapid surge in global AI infrastructure spending, driven by hyperscalers, NeoCloud providers, sovereign AI initiatives, AI factories and enterprise customers as they deploy next-generation AI workloads. SMCI has rapidly transformed from a traditional server manufacturer into a full-stack AI infrastructure and end-to-end data center solutions provider through its expanding Data Center Building Block Solutions portfolio.
However, this approach has also led Super Micro Computer to face inventory-related risks tied to the rapidly evolving AI hardware market. The company recorded inventory valuation adjustment write-downs of approximately $239.3 million during the first nine months of fiscal 2026, largely related to older-generation GPUs and components. This points to risks associated with forecasting customer demand and managing product transitions in a fast-changing market.
Super Micro Computer’s cash flow and working capital profile weakened significantly in the third quarter of fiscal 2026. The company reported cash flow used in operations of approximately $6.6 billion during the quarter compared with only $24 million used in the previous quarter. The deterioration was driven by a large reduction in accounts payable and continued inventory buildup. The company’s cash conversion cycle increased sharply to 106 days from 54 days in the prior quarter, while days inventory outstanding rose to 106 days from 63 days.
Nevertheless, SMCI’s backlog and order activity remain at record levels at present. Supported by industry-wide AI infrastructure demand and ongoing shortages of GPUs, CPUs and memory, SMCI continues to benefit from close relationships with major semiconductor vendors, especially NVIDIA, AMD, Intel and Arm. SMCI recently released a preliminary business update for the fourth quarter of fiscal 2026, reporting more than $60 billion in new orders during the fourth quarter.
SMCI reported that these new orders are expected to be delivered over future quarters and that its backlog reached a record level at the end of fiscal 2026. The company now expects gross margin of 15% to 17% for the fourth quarter, up from its previous guidance of 8.2% to 8.4%, primarily due to a favorable customer and product mix. The Zacks Consensus Estimate for SMCI’s fourth-quarter earnings of fiscal 2026 suggests a year-over-year improvement of 66%. Estimates have been revised downward in the past seven days.
Image Source: Zacks Investment Research
The Case for HPE StockHewlett Packard Enterprise is benefiting from the modernization of traditional IT infrastructure and huge capex investment in artificial intelligence. HPE’s foray beyond traditional server architecture to accommodate compute, networking, storage, security, private cloud, virtualization, software for AI data centers and AI fabs is enabling it to monetize at a rapid pace.
Simultaneously, the demand for traditional servers, led by the end of the server technology cycle, has emerged as a major growth driver, with orders increasing by triple digits year over year. Enterprises are replacing aging infrastructure while also investing in servers for AI inferencing. These two tailwinds caused a multiplier effect, driving the second quarter of fiscal 2026 revenues to reach $10.7 billion.
Looking ahead, as AI moves into production, millions of enterprises will need infrastructure to run inference close to their proprietary data and applications. HPE is also benefiting directly from AI systems demand, entering the third quarter with $5.9 billion in AI Systems backlog, primarily from enterprise and sovereign customers. Juniper acquisition has also strengthened HPE in campus networking, data-center switching, routing and security.
HPE’s Private Cloud AI business continues to gain momentum as enterprises increasingly deploy AI workloads within their own infrastructure rather than relying solely on public cloud environments. The company's second-quarter fiscal 2026 results indicate that demand remains robust, raising the question of whether this adoption trend can continue over the coming quarters.
Hewlett Packard Enterprise also reported a record AI Systems backlog of $5.9 billion, including $1.8 billion in new AI Systems orders, providing meaningful visibility into future deployments. The company is uniquely positioned as it is one of the few companies that provide networking solutions as a part of wider AI infrastructure support. HPE’s self-driving networking capabilities, powered by agentic AI, further differentiate the portfolio. The Zacks Consensus Estimate for HPE’s third-quarter earnings of fiscal 2026 suggests a year-over-year improvement of 112%. Estimates have been revised upward in the past 30 days.
Image Source: Zacks Investment Research
Stock Price Performance and Valuation of SMCI & HPEIn the year-to-date period, shares of SMCI and HPE have risen 4.4% and 100.3%, respectively.
YTD Performance Chart
Image Source: Zacks Investment Research
SMCI is trading at a forward 12-month ratio of 0.36X, which is lower than its median of 0.45X, while HPE is trading at a forward sales multiple of 1.31X, much above its median of 0.79X.
Forward 12-Month (P/S) Valuation Chart
Image Source: Zacks Investment Research
Conclusion: SMCI vs. HPEBoth SMCI and HPE are well-positioned to benefit from accelerating AI infrastructure demand, but their risk-reward profiles differ. SMCI offers higher near-term upside driven by explosive order growth, strong backlog and deep ties with leading chipmakers, though inventory risks and volatile cash flows remain concerns. HPE, on the other hand, provides more balanced and sustainable growth through diversified AI, networking and private cloud offerings, supported by improving earnings visibility and upward estimate revisions. Given these factors, HPE seems to be a safer choice right now. HPE sports a Zacks Rank #1 (Strong Buy), while SMCI carries Zacks Rank #3 (Hold) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Vancouver, British Columbia--(Newsfile Corp. - July 23, 2026) - Canagold Resources Ltd. (TSX: CCM) (OTCQB: CRCUF) (FSE: CANA) ("Canagold" or the "Company") is pleased to announce the successful completion of landing craft trials on the Taku River, demonstrating the use of a shallow-draft, self-propelled landing craft to transport freight from Juneau, Alaska, to the Tulsequah River confluence near the Company's proposed New Polaris Gold-Antimony Mine in northwestern British Columbia.
The successful trial confirms that the Taku River is a viable alternative freight corridor for the New Polaris Project and represents an important milestone in finalizing the Company's long-term logistics strategy for the proposed construction and operations.
"The trials were an important step in de-risking the logistics plan for New Polaris," said Catalin Kilofliski, Chief Executive Officer of Canagold. "Demonstrating that a shallow-draft landing craft can safely and reliably navigate the Taku River provides additional flexibility as we finalize our freight transportation strategy while addressing environmental and community considerations. We greatly appreciate the support, collaboration, and commitment of everyone involved in bringing these trials to a successful conclusion."
To address concerns expressed by the Taku River Tlingit First Nation and other Taku River users regarding the use of conventional tug-and-barge operations, Canagold evaluated a shallow-draft, self-propelled landing craft as an alternative transportation method. The vessel selected for the trial was the Inlet Raider, a 98-foot-long by 23-foot-wide landing craft with a draft of approximately four feet and a cargo capacity of 100 tons (pictured below).
The trials were conducted between June 11 and June 19, 2026, and consisted of multiple trips along the Taku River to the Tulsequah River confluence during this period.
Each voyage was led by a guide boat equipped with sonar instrumentation to continuously measure water depths and identify the optimal navigation route. A separate monitoring vessel carried independent environmental consultants together with monitors from the Taku River Tlingit First Nation, who observed vessel operations throughout the trial.
In addition to confirming the vessel's ability to safely navigate the Taku River and the tidal flats above Taku Inlet, the trial was designed to collect information required for future project planning and environmental assessment. Data collected included:
Navigation routes and river bathymetry;Water depths under varying tidal conditions;Above-water and underwater noise levels;Shoreline wake heights;Water quality measurements; andDrone video of the vessel along the river.Environmental monitoring was conducted by independent specialist consultants, with Taku River Tlingit First Nation participating throughout the program as environmental monitors.
Preliminary observations are that the landing craft passage had no significant negative effects on water quality, noise, or shoreline wake. A more detailed report will be prepared when all the information collected during the trial is received from the consultants.
The data collected during the trial will be used to further evaluate the suitability of the landing craft transportation method and to support ongoing studies for the New Polaris Project.
Qualified Persons
In accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects, Garry Biles, P.Eng, President & COO is the Qualified Person for the Company and has prepared, validated, and approved the technical and scientific content of this news release. The Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting activities on its projects.
About Canagold
Canagold Resources Ltd. is an advanced development company dedicated to advancing the New Polaris Project through feasibility, permitting, and production stages. Additionally, Canagold aims to expand its asset base by acquiring advanced projects, positioning itself as a leading project developer. With a team of technical experts, the Company is poised to unlock substantial value for its shareholders.
"Catalin Kilofliski"
Catalin Kilofliski
Chief Executive Officer
Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.
Greene County Bancorp offers a conservative community bank play with strong credit metrics, low LTVs, and sticky municipal deposits. GCBC has negligible AI exposure and a history of greatly outperforming during interest rate hikes, making it attractive amid current inflation and macro uncertainty.
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of FirstSun Capital Bancorp ("FirstSun" or the "Company") (NASDAQ: FSUN). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether FirstSun and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On July 9, 2026, FirstSun disclosed that it "expect[s] charge-offs to average loans to be in the high 50s range in basis points" and projected a $40 million to $41 million provision for credit losses and $42 million to $43 million in charge-offs, including a $22 million charge-off tied to a suspected-fraud loan.
On this news, FirstSun's stock price fell $2.85 per share, or 7.5%, to close at $35.08 per share on July 10, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
Horizon Bancorp IN) (NASDAQ: HBNC management said the bank’s second-quarter 2026 results reflected continued strength in net interest margin, fee income, commercial lending and credit quality, while also noting a one-time legal expense accrual tied to an unfavorable litigation decision.
President and Chief Executive Officer Thomas Prame said the quarter “continued to show impressive results,” citing a net interest margin in the mid-4.30% range, strong fee income performance and favorable credit trends. He said the company ended the quarter with a common equity Tier 1 capital ratio of 11.09% and total risk-based capital of 15.01%.
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Prame said Horizon’s first-half performance reflected a “practical approach” to growth, with deposits up approximately 5% annualized year to date and lending growth of approximately 4% annualized. Commercial loans grew at a 5.7% annualized pace in the second quarter.
The company established a $3.1 million accrual for legal expenses related to an unfavorable litigation decision during the quarter. Prame said the accrual is expected to remain in place until Horizon finalizes its appeal process in later quarters. Excluding the one-time item, which management said represented approximately $0.05 per share in the quarter, Prame said results were positive and aligned with full-year expectations.
Commercial Lending Drives Loan Growth Executive Vice President and Chief Commercial Banking Officer Lynn Kerber said the second quarter was “another solid quarter from a lending perspective,” with loan growth improving from the first quarter. Loans held for investment ended the quarter at just under $5 billion, up approximately $81 million, or 6.6% annualized.
Commercial balances increased approximately $64 million during the quarter, while residential and consumer portfolios contributed modest growth. Kerber said mortgage pipelines improved entering the third quarter, supported by production trends and strategic hiring.
Within commercial lending, Kerber said most of the growth came from commercial and industrial loans, which increased approximately $62 million and represented 31% of the commercial portfolio. Growth was broad-based across the franchise, with contributions from Michigan, Indianapolis and Northwest Indiana.
Commercial real estate balances were relatively flat, which Kerber attributed primarily to elevated payoff activity rather than weaker production. She said most payoffs resulted from customers completing business plans through property sales or reaching the natural conclusion of financing needs. During the question-and-answer session, Kerber added that some deals were allowed to leave over pricing or structure because Horizon chose not to compromise on profitability or portfolio mix.
Kerber said C&I growth was led by the community banking franchise and supported by the equipment finance team. Key segments included professional services, construction services, property management, warehouse and logistics, and utility-related businesses.
Credit Quality Remains Stable Horizon reported net charge-offs of approximately $605,000, or five basis points annualized. Kerber described that level as “exceptionally low” relative to historical levels and peer performance.
Early-stage delinquencies remained low, borrower performance was stable, and substandard loans totaled $64.6 million, or 1.3% of loans. Non-performing loans declined to $34.9 million, or 0.70% of loans. The allowance for credit losses was $51.9 million, or 1.05% of loans held for investment.
In response to an analyst question about changes in the mix of non-performing loans, Kerber said mortgage and consumer balances improved as some clients were upgraded. On the commercial side, she said there was nothing concerning, noting that commercial real estate was performing well and that some larger credits were still moving through rehabilitation or collection processes.
Deposits Support Balance Sheet Strategy Prame said Horizon’s deposit portfolio delivered favorable first-half performance, with growth in non-interest-bearing and interest-bearing categories and relatively flat certificate of deposit balances year to date. Deposits were up $125 million year to date, representing a 4.8% annualized growth rate.
He said the company expected to use liquidity gathered in the first quarter to fund loan growth in the second quarter. That approach helped Horizon maintain what Prame described as its historically low cost of interest-bearing deposits, which increased only four basis points during the quarter.
During the Q&A session, Prame said competition varies across markets and products. He described large commercial real estate lending as highly competitive in both pricing and structure, while also noting elevated CD rates in some credit union markets. However, he said Horizon’s model is based on relationship banking rather than leading with rate.
Margin Expands, Fee Income Rises Chief Financial Officer John Stewart said the net interest margin expanded eight basis points in the second quarter to 4.37%. He attributed the improvement partly to lower average interest-earning cash balances, which declined by about $59 million, as well as a favorable spread between loan yields and deposit costs.
Loan yields increased nine basis points from the prior quarter, while total deposit costs, including non-interest-bearing balances, rose three basis points. Stewart said the weighted average new production rate on total loans was about 6.75% in the second quarter and had continued at that level into July.
Stewart said Horizon expects interest-bearing deposit costs to trend modestly higher assuming no additional rate cuts. However, he said marginal loan and deposit growth should generally support the company’s net interest margin and net interest income outlook.
Non-interest income increased 10% year over year, led by fiduciary activities and mortgage banking, which each grew about 20%. Stewart said both business lines benefited from new leadership, talent investments and improved sales management practices. Interchange fees also grew as card usage and spending increased.
Expenses totaled $43.8 million, including the $3.1 million legal charge. Excluding that item, Stewart said expenses were modestly better than expectations and largely unchanged from the prior quarter.
Guidance Updated Modestly Higher Stewart said Horizon’s 2026 outlook is “modestly more favorable.” The company still expects period-end loan and deposit balances to grow in the mid-single digits, with balance sheet growth driven by deposit growth.
Non-FTE net interest income is expected to grow in the low teens year over year. Fully taxable equivalent net interest margin is expected to be in the 4.30% to 4.35% range over the second half of 2026. Fee income is expected to be in the mid-$40 million range for the year. Excluding the legal charge, full-year expenses are expected to be in the low to mid-$160 million range. The effective tax rate is expected to be 18% to 20%. The outlook now assumes one 25-basis-point Federal Reserve rate hike in October, compared with no rate changes in the company’s April update. Stewart said the change did not affect Horizon’s outlook because management views the company’s interest rate exposure as close to neutral.
Management also discussed capital deployment during the call. Prame said Horizon does not have a published target capital level and does not consider the company overcapitalized with CET1 just above 11%. He said acquisitions would be considered only as an “accelerant” to Horizon’s strategy, with a focus on logical market extensions, cultural fit and attractive core deposits. Stewart said the company has 1.5 million shares remaining under a prior buyback authorization and will continue evaluating repurchases alongside other capital deployment options.
About Horizon Bancorp (IN) (NASDAQ:HBNC)Horizon Bancorp NASDAQ: HBNC is a financial holding company headquartered in Columbus, Indiana, offering community banking and wealth management services through its subsidiary, Horizon Bank. As a locally focused institution, it provides a full range of retail and commercial banking products, including checking and savings accounts, consumer and mortgage lending, commercial real estate financing, and treasury management solutions.
In addition to traditional deposit and loan products, Horizon Bancorp's services encompass investment advisory and trust administration, retirement planning, and insurance products.
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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CATSKILL, N.Y., July 23, 2026 (GLOBE NEWSWIRE) -- Greene County Bancorp, Inc. (the “Company”) (NASDAQ: GCBC), the holding company for the Bank of Greene County and its subsidiary Greene County Commercial Bank, today reported net income for the quarter and fiscal year ended June 30, 2026. Net income for the quarter and fiscal year ended June 30, 2026 was $11.3 million, or $0.67 per basic and diluted share, and $41.0 million, or $2.41 per basic and diluted share, respectively, as compared to $9.3 million, or $0.55 per basic and diluted share, and $31.1 million, or $1.83 per basic and diluted share, for the quarter and fiscal year ended June 30, 2025, respectively. Net income increased $9.9 million, or 31.7%, when comparing the fiscal years ended June 30, 2026 and 2025.
Highlights:
Net Income: $41.0 million for the fiscal year ended June 30, 2026, a new record highTotal Assets: $3.2 billion at June 30, 2026, a new record highNet Loans: $1.7 billion at June 30, 2026, a new record highTotal Deposits: $2.7 billion at June 30, 2026Return on Average Assets: 1.35% for the fiscal year ended June 30, 2026Return on Average Equity: 15.91% for the fiscal year ended June 30, 2026 Donald Gibson, President & CEO stated: “Fiscal 2026 was a truly exceptional year for Greene County Bancorp, Inc. We achieved record net income of $41.0 million, record quarterly earnings of $11.3 million, and reached all-time highs in both assets and net loans. These accomplishments reflect the strength of our relationship-based community banking model, the loyalty of our customers, and the dedication of our employees throughout the organization.
We are especially honored to be recognized by Bank Director Magazine’s RankingBanking report as one of the nation’s top-performing banks under $5.0 billion in assets. This recognition is particularly meaningful because it is based on key measures of profitability, asset quality, and capital strength-areas that have long been central to our operating philosophy.
As we look ahead, we remain committed to serving the individuals, businesses, municipalities, and communities that have contributed to our success. Our consistent performance, strong balance sheet, and disciplined growth strategy position us well to continue creating long-term value for our customers, shareholders, employees, and communities.”
Total consolidated assets for the Company were $3.2 billion at June 30, 2026, primarily consisting of $1.7 billion of net loans and $1.2 billion of total securities available-for-sale and held-to-maturity. Consolidated deposits totaled $2.7 billion at June 30, 2026, consisting of retail, business, municipal and private banking relationships.
Pre-provision net income was $43.1 million for the year ended June 30, 2026 as compared to $32.5 million for the year ended June 30, 2025, an increase of $10.6 million, or 32.7%. Pre-provision net income measures the Company’s net income not including the provision for credit losses. Management believes that this non-GAAP measure assists investors in comprehending the impact of the provision for credit losses on the Company’s reported results, offering an alternative view of the Company’s performance and the Company’s ability to generate income in excess of its provision for credit losses.
The Company strategically manages its balance sheet by focusing on higher-yielding loans and securities, and lowering deposit rates to align with the Federal Reserve’s interest rate cuts. This resulted in a higher net interest margin for the year ended June 30, 2026 as compared to the year ended June 30, 2025. Continued geopolitical disruptions, higher energy prices and shifting tariff policies complicate the economic outlook. With shifting global alliances and market volatility, our focus remains our commitment to building shareholder value while serving the financial needs of our communities. The Company continues to deliver strong performance and stability against an unpredictable geopolitical landscape.
Selected highlights for the quarter and fiscal year ended June 30, 2026, are as follows:
Net Interest Income and Margin
Net interest income increased $4.4 million to $21.1 million for the three months ended June 30, 2026, from $16.7 million for the three months ended June 30, 2025. Net interest income increased $17.8 million to $77.9 million for the year ended June 30, 2026, from $60.1 million for the year ended June 30, 2025. The increase in net interest income was due to an increase in the average balance of interest-earning assets, which increased $135.6 million and $195.6 million when comparing the three months and years ended June 30, 2026 and 2025, respectively, an increase in interest rates on interest-earning assets, which increased 17 basis points for both the three months and years ended June 30, 2026 and 2025, and a decrease in rates paid on interest-bearing liabilities, which decreased 34 and 29 basis points when comparing the three months and years ended June 30, 2026 and 2025, respectively. The increase in net interest income was offset by an increase in the average balance of interest-bearing liabilities, which increased $74.9 million and $143.4 million when comparing the three months and years ended June 30, 2026 and 2025, respectively.Average loan balances increased $123.4 million and $143.5 million and the yield on loans increased 7 and 13 basis points when comparing the three months and years ended June 30, 2026 and 2025, respectively. The average balance of securities increased $36.5 million and $72.8 million and the yield on such securities increased 29 and 26 basis points when comparing the three months and years ended June 30, 2026 and 2025, respectively. The average interest-bearing bank balances and federal funds decreased $25.1 million and $21.6 million and the yield on interest-bearing bank balances and federal funds decreased 84 and 71 basis points when comparing the three months and years ended June 30, 2026 and 2025, respectively.
The cost of NOW deposits decreased 38 and 36 basis points, the cost of certificates of deposits decreased 42 and 57 basis points and the cost of savings and money market deposits decreased 6 and 2 basis points when comparing the three months and years ended June 30, 2026 and 2025, respectively. The growth in interest-bearing liabilities was primarily due to an increase in average NOW deposits of $65.2 million and $124.5 million and an increase in average certificates of deposits of $21.1 million and $39.2 million when comparing the three months and years ended June 30, 2026 and 2025, respectively. This was partially offset by a decrease in average savings and money market deposits of $8.2 million and $12.6 million when comparing the three months and years ended June 30, 2026 and 2025, respectively. When comparing the three months and years ended June 30, 2026 and 2025, yields on interest-earning assets increased while the costs of interest-bearing deposits declined, reflecting continued asset repricing and the Company’s strategic reduction in deposit rates.
Net interest rate spread increased 51 basis points to 2.65% for the three months ended June 30, 2026 as compared to 2.14% for the three months ended June 30, 2025. Net interest rate spread increased 46 basis points to 2.43% for the year ended June 30, 2026 as compared to 1.97% for the year ended June 30, 2025.Net interest margin increased 49 basis points to 2.86% for the three months ended June 30, 2026 as compared to 2.37% for the three months ended June 30, 2025. Net interest margin increased 46 basis points to 2.65% for the year ended June 30, 2026 as compared to 2.19% for the year ended June 30, 2025. The increase in net interest rate spread and net interest margin for the three months and year ended June 30, 2026 was driven by higher interest income on loans and securities, as earning assets repriced and new originations reflected yields above prior-period levels, combined with disciplined deposit pricing that reduced funding costs.Net interest income on a taxable-equivalent basis includes the additional amount of interest income that would have been earned if the Company’s investment in tax-exempt securities and loans had been subject to federal and New York State income taxes yielding the same after-tax income. Tax equivalent net interest margin was 3.15% and 2.67% for the three months ended June 30, 2026 and 2025, respectively, and was 2.95% and 2.47% for the years ended June 30, 2026 and 2025, respectively.
Credit Quality and Provision for Credit Losses
Provision for credit losses amounted to a charge of $126,000 and a benefit of $880,000 for the three months ended June 30, 2026 and 2025, respectively, and a charge of $2.0 million and $1.3 million for the years ended June 30, 2026 and 2025, respectively. The provision for the year ended June 30, 2026 was primarily attributable to an increase in loan volume. The allowance for credit losses on loans to total loans receivable was 1.25% at June 30, 2026 as compared to 1.24% at June 30, 2025.Commercial and commercial real estate loans classified as substandard and special mention totaled $40.0 million at June 30, 2026, and $39.4 million at June 30, 2025, an increase of $524,000. Of the loans classified as substandard or special mention, $38.8 million were performing at June 30, 2026. There were no loans classified as doubtful or loss at June 30, 2026 or June 30, 2025. Net charge-offs on loans amounted to $65,000 and $44,000 for the three months ended June 30, 2026 and 2025, respectively, an increase of $21,000. Net charge-offs totaled $338,000 and $349,000 for the years ended June 30, 2026 and 2025, respectively, a decrease of $11,000. There were no material charge-offs in any loan segment during the three months and year ended June 30, 2026. Nonperforming loans amounted to $3.9 million at June 30, 2026 and $3.1 million at June 30, 2025. The activity in nonperforming loans during the period included $871,000 in loan repayments, $117,000 in charge-offs, and $1.9 million of loans placed into nonperforming status. At June 30, 2026, nonperforming assets were 0.12% of total assets as compared to 0.10% at June 30, 2025. At June 30, 2026, nonperforming loans were 0.23% of net loans as compared to 0.19% at June 30, 2025.
Noninterest Income and Noninterest Expense
Noninterest income increased $61,000, or 1.6%, to $3.8 million for the three months ended June 30, 2026 as compared to $3.8 million for the three months ended June 30, 2025. Noninterest income decreased $566,000, or 3.7%, to $14.7 million for the year ended June 30, 2026 as compared to $15.2 million for the year ended June 30, 2025. The decrease during the year ended June 30, 2026 was primarily due to a reduction of $619,000 in fee income earned on customer interest rate swap contracts and the Company earning an Employee Retention Tax Credit (“ERTC”) of $610,000 during the year ended June 30, 2025. This was partially offset by an increase in income from bank owned life insurance of $210,000, an increase of $203,000 in service charge income, and an increase of $112,000 in debit card fees and incentives.Noninterest expense increased $1.5 million, or 14.7%, to $11.9 million for the three months ended June 30, 2026 as compared to $10.4 million for the three months ended June 30, 2025. The increase during the three months ended June 30, 2026 was primarily due to an increase of $866,000 in salaries and employee benefits, an increase of $250,000 in charitable contributions as the Bank made a charitable donation to the Bank of Greene County Charitable Foundation, and an increase of $157,000 in the allowance for credit losses unfunded commitment expense, due to an increase in the Company’s contractual obligation to extend credit. Noninterest expense increased $4.3 million, or 11.0%, to $43.7 million for the year ended June 30, 2026 as compared to $39.4 million for the year ended June 30, 2025. The increase during the year ended June 30, 2026 was primarily due to an increase of $2.3 million in salaries and employee benefits, a $905,000 non-cash settlement charge as a result of the completed termination of the Company’s defined benefit pension plan, an increase of $500,000 in charitable contributions as the Bank made a charitable donation to the Bank of Greene County Charitable Foundation, an increase of $369,000 in computer software, supplies and support fees, an increase of $265,000 in service and data processing expenses, an increase of $244,000 in occupancy expenses, and an increase of $134,000 in legal and professional fees. This was partially offset by a $864,000 decrease in the allowance for credit losses unfunded commitment expense.
Income Taxes
Provision for income taxes reflects the expected tax associated with the pre-tax income generated for the given period and certain regulatory requirements. The effective tax rate was 12.3% and 12.4% for the three months and year ended June 30, 2026, and 14.8% and 10.2% for the three months and year ended June 30, 2025, respectively. The statutory tax rate is impacted by the benefits derived from tax-exempt bond and loan income, the Company’s real estate investment trust subsidiary income, income received on the bank owned life insurance and tax credits to arrive at the effective tax rate. The decrease during the three months ended June 30, 2026 and 2025 is primarily due to the mix of permanent tax differences. The increase during the years ended June 30, 2026 and 2025 is primarily due to higher mix of pre-tax income and reflects a lower mix of tax-exempt income from municipal bonds, tax advantage loans, and bank owned life insurance in proportion to pre-tax income.
Balance Sheet Summary
Total assets of the Company were $3.2 billion at June 30, 2026 and $3.0 billion at June 30, 2025, an increase of $142.8 million, or 4.7%.During the year ended June 30, 2026, the Company terminated its defined benefit pension plan, with all remaining obligations settled using plan assets for approximately $3.5 million.
Total cash and cash equivalents for the Company were $144.9 million at June 30, 2026 and $183.1 million at June 30, 2025. The Company has continued to maintain strong capital and liquidity positions as of June 30, 2026.Securities available-for-sale and held-to-maturity increased $45.1 million, or 4.0%, to $1.2 billion at June 30, 2026 as compared to $1.1 billion at June 30, 2025. Securities purchased totaled $694.2 million during the year ended June 30, 2026, primarily consisting of $340.5 million of state and political subdivision securities, $254.2 million of U.S. Treasuries, $78.0 million of mortgage-backed securities, $12.5 million of collateralized mortgage obligations, and $9.0 million of corporate debt securities. Principal pay-downs and maturities during the year ended June 30, 2026, amounted to $644.8 million, primarily consisting of $320.1 million of state and political subdivision securities, $261.0 million of U.S. Treasuries, $44.5 million of mortgage-backed securities, $15.3 million of corporate debt securities, and $3.9 million of collateralized mortgage obligations. Net loans receivable increased $124.2 million, or 7.7%, to $1.7 billion at June 30, 2026 as compared to $1.6 billion at June 30, 2025. Loan growth experienced during the year ended June 30, 2026, consisted primarily of $92.3 million in commercial real estate loans, $24.7 million in commercial loans, and $11.3 million in home equity loans. The allowance for credit losses on loans increased $1.7 million, or 8.5%, to $21.9 million at June 30, 2026 as compared to $20.1 million at June 30, 2025. The increase in the allowance for credit losses was primarily attributable to an increase in loan volume.Deposits totaled $2.7 billion at June 30, 2026 as compared to $2.6 billion at June 30, 2025, an increase of $73.6 million, or 2.8%. The Company had $52.4 million and $51.6 million of brokered deposits at June 30, 2026 and June 30, 2025, respectively. NOW deposits increased $30.2 million, or 1.5%, noninterest bearing deposits increased $30.1 million, or 27.3%, and certificates of deposits increased $20.6 million, or 9.0%, when comparing June 30, 2026 and June 30, 2025. Savings deposits decreased $3.7 million, or 1.5%, and money market deposits decreased $3.6 million, or 3.5%, when comparing June 30, 2026 and June 30, 2025. Borrowings amounted to $155.1 million at June 30, 2026 as compared to $128.1 million at June 30, 2025, an increase of $27.0 million. At June 30, 2026, borrowings included $119.0 million of overnight borrowings with the Federal Home Loan Bank of New York (“FHLB”), $29.9 million of Fixed-to-Floating Rate Subordinated Notes and $6.2 million of long-term borrowings with the FHLB. On October 1, 2025, the entire outstanding principal amount of the $20.0 million 4.75% Fixed-to-Floating Rate Subordinated Notes, due September 17, 2030, was redeemed. The redemption was funded by cash on hand.Shareholders’ equity increased to $277.8 million at June 30, 2026 as compared to $238.8 million at June 30, 2025, resulting primarily from net income of $41.0 million and a decrease in accumulated other comprehensive loss of $2.0 million, partially offset by dividends declared and paid of $4.0 million. Under the stock repurchase program, the Company repurchased 1,343 shares of common stock during the three months ended June 30, 2026, at an average price of $23.50, for an aggregate purchase price of $31,558. As of the year ended June 30, 2026, 398,657 shares remain in the current stock repurchase program. There were no repurchases during the fiscal year ended June 30, 2025.
Corporate Overview
Greene County Bancorp, Inc. is the holding company for the Bank of Greene County, and its subsidiary Greene County Commercial Bank. The Company is the leading provider of community-based banking services throughout the Hudson Valley and Capital Region of New York State. Its customers include individuals, businesses, municipalities and other institutions. Greene County Bancorp, Inc. (GCBC) is publicly traded on the Nasdaq Capital Market and is dedicated to promoting economic development and a high quality of life in the communities it serves. For more information on Greene County Bancorp, Inc., visit www.tbogc.com.
Forward-Looking Statements
In addition to historical information, this earnings release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which describes the future plans, strategies and expectations of the Company. Forward-looking statements can be identified by the use of words such as “estimate,” “project,” “believe,” “intend,” “anticipate,” “assume,” “plan,” “seek,” “expect,” “will,” “may,” “should,” “indicate,” “would,” “contemplate,” “continue,” “target” and words of similar meaning. Forward-looking statements are based on our current beliefs and expectations and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control. In addition, these forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Accordingly, you should not place undue reliance on such statements. We are under no duty to and do not take any obligation to update any forward-looking statements after the date of this report. Factors which could have a material adverse effect on the operations of the Company and its subsidiaries include, but are not limited to, changes in general economic conditions, interest rates and inflation; changes in asset quality; our ability to access cost-effective funding; fluctuations in real estate values; changes in laws or regulations; the effects of any federal government shutdown; changes in liquidity, including the size and composition of our deposit portfolio and the percentage of uninsured deposits in the portfolio; changes in technology; failures or breaches of our IT security systems; our ability to introduce new products and services and capitalize on growth opportunities; changes in accounting policies and practices; our ability to retain key employees; and the effects of natural disasters and geopolitical events, including terrorism, conflict and acts of war.
For more information, please see our reports filed with the United States Securities and Exchange Commission (“SEC”), including our most recent annual report on Form 10-K and quarterly reports on Form 10-Q.
Non-GAAP Measures
In addition to presenting information in conformity with accounting principles generally accepted in the United States of America (GAAP), this news release contains financial information determined by methods other than GAAP (non-GAAP). The following measures used in this release, which are commonly utilized by financial institutions, have not been specifically exempted by the Securities and Exchange Commission ("SEC") and may constitute "non-GAAP financial measures" within the meaning of the SEC's rules.
The Company has provided in this news release supplemental disclosures for the calculation of net interest margin utilizing a fully taxable-equivalent adjustment and pre-provision net income. Management believes that the non-GAAP financial measures disclosed by the Company from time to time are useful in evaluating the Company's performance and that such information should be considered as supplemental in nature and not as a substitute for or superior to the related financial information prepared in accordance with GAAP. Our non-GAAP financial measures may differ from similar measures presented by other companies. Refer to the tables on page 9 for Non-GAAP to GAAP reconciliations.
Greene County Bancorp, Inc.
Consolidated Statements of Income and Selected Financial Ratios (Unaudited)
At or for the Three Months
At or for the Years
Ended June 30,
Ended June 30,
Dollars in thousands, except share and per share data 2026 2025 2026 2025 Interest income$33,429 $30,739 $131,127 $117,705 Interest expense 12,280 14,033 53,213 57,584 Net interest income 21,149 16,706 77,914 60,121 Provision for credit losses 126 (880) 2,033 1,316 Noninterest income 3,826 3,765 14,667 15,233 Noninterest expense 11,921 10,394 43,716 39,372 Income before taxes 12,928 10,957 46,832 34,666 Tax provision 1,590 1,624 5,810 3,528 Net income$11,338 $9,333 $41,022 $31,138 Basic and diluted EPS$0.67 $0.55 $2.41 $1.83 Weighted average shares outstanding 17,025,485 17,026,828 17,025,485 17,026,828 Dividends declared per share(4)$0.10 $0.09 $0.40 $0.36 Selected Financial Ratios Return on average assets(1) 1.48% 1.28% 1.35% 1.10%Return on average equity(1) 16.64% 15.98% 15.91% 14.08%Net interest rate spread(1) 2.65% 2.14% 2.43% 1.97%Net interest margin(1) 2.86% 2.37% 2.65% 2.19%Fully taxable-equivalent net interest margin(2) 3.15% 2.67% 2.95% 2.47%Efficiency ratio(3) 47.73% 50.77% 47.22% 52.25%Non-performing assets to total assets 0.12% 0.10%Non-performing loans to net loans 0.23% 0.19%Allowance for credit losses on loans to non-performing loans 555.36% 658.37%Allowance for credit losses on loans to total loans 1.25% 1.24%Shareholders’ equity to total assets 8.73% 7.85%Dividend payout ratio(4) 16.60% 19.67%Actual dividends paid to net income(5) 9.87% 14.37%Book value per share $16.32 $14.03 (1) Ratios are annualized when necessary.
(2) Interest income calculated on a taxable-equivalent basis (non-GAAP) includes the additional interest income that would have been earned if the Company’s investment in tax-exempt securities and loans had been subject to federal and New York State income taxes yielding the same after-tax income.
(3) The efficiency ratio has been calculated as noninterest expense divided by the sum of net interest income and noninterest income.
(4) The dividend payout ratio has been calculated based on the dividends declared per share divided by basic earnings per share. No adjustments have been made to account for dividends waived by Greene County Bancorp, MHC (“MHC”), the Company’s majority shareholder, owning 54.1% of the shares outstanding.
(5) Dividends declared divided by net income. The MHC waived its right to receive dividends declared during the three months ended March 31, 2025, June 30, 2025, September 30, 2025, December 31, 2025, and June 30, 2026. Dividends declared during the three months ended September 30, 2024, December 31, 2024, and March 31, 2026, were paid to the MHC. Greene County Bancorp, Inc.
Consolidated Statements of Financial Condition (Unaudited)
At
June 30, 2026 At
June 30, 2025Dollars in thousands, except share data Assets Cash and due from banks$12,306 $12,788 Interest-bearing deposits 132,599 170,290 Total cash and cash equivalents 144,905 183,078 Long-term certificate of deposit 1,225 1,425 Securities available-for-sale, at fair value 373,810 356,062 Securities held-to-maturity, at amortized cost, net of allowance for credit losses of $530 and $548 at June 30, 2026 and June 30, 2025 803,553 776,147 Equity securities, at fair value 388 402 Federal Home Loan Bank stock, at cost 7,777 5,504 Loans receivable 1,753,342 1,627,406 Less: Allowance for credit losses on loans (21,859) (20,146)Net loans receivable 1,731,483 1,607,260 Premises and equipment, net 14,839 15,232 Bank owned life insurance 68,895 59,795 Accrued interest receivable 17,184 16,381 Prepaid expenses and other assets 19,368 19,323 Total assets$3,183,427 $3,040,609 Liabilities and shareholders’ equity Noninterest bearing deposits$140,229 $110,163 Interest bearing deposits 2,573,170 2,529,672 Total deposits 2,713,399 2,639,835 Borrowings, short-term 119,000 74,000 Borrowings, long-term 6,166 4,189 Subordinated notes payable, net 29,979 49,867 Accrued expenses and other liabilities 37,052 33,881 Total liabilities 2,905,596 2,801,772 Total shareholders’ equity 277,831 238,837 Total liabilities and shareholders’ equity$3,183,427 $3,040,609 Common shares outstanding 17,025,485 17,026,828 Treasury shares 197,195 195,852 The above information is preliminary and based on the Company’s data available at the time of presentation.
Non-GAAP to GAAP Reconciliations
The following table summarizes the adjustments made to arrive at the fully taxable-equivalent net interest margins.
For the three months ended
June 30,For the years ended
June 30,(Dollars in thousands) 2026 2025 2026 2025 Net interest income (GAAP)$21,149 $16,706 $77,914 $60,121 Tax-equivalent adjustment(1) 2,189 2,130 8,676 7,679 Net interest income-fully taxable-equivalent basis (non-GAAP)$23,338 $18,836 $86,590 $67,800 Average interest-earning assets (GAAP)$2,960,541 $2,824,952 $2,935,094 $2,739,472 Net interest margin-fully taxable-equivalent basis (non-GAAP) 3.15% 2.67% 2.95% 2.47% (1) Interest income calculated on a taxable-equivalent basis (non-GAAP) includes the additional interest income that would have been earned if the Company’s investment in tax-exempt securities and loans had been subject to federal and New York State income taxes yielding the same after-tax income. The rate used for this adjustment was 21% for federal income taxes for the three and twelve months ended June 30, 2026 and 2025, 4.44% for New York State income taxes for the three and twelve months ended June 30, 2026 and 2025.
The following table summarizes the adjustments made to arrive at pre-provision net income.
For the three months ended June 30,(Dollars in thousands) 2026 2025 Net income (GAAP)$11,338 $9,333 Provision for credit losses 126 (880)Pre-provision net income (non-GAAP)$11,464 $8,453 For the years ended June 30,(Dollars in thousands) 2026 2025 Net income (GAAP)$41,022 $ 31,138 Provision for credit losses 2,033 1,316 Pre-provision net income (non-GAAP)$43,055 $ 32,454 The above information is preliminary and based on the Company’s data available at the time of presentation.
For Further Information Contact:
Donald E. Gibson
President & CEO
(518) 943-2600 [email protected]
The Bancorp (TBBK - Free Report) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis holding company for The Bancorp Bank is expected to post quarterly earnings of $1.36 per share in its upcoming report, which represents a year-over-year change of +7.1%.
Revenues are expected to be $166.7 million, down 8% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for The Bancorp?For The Bancorp, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -1.47%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that The Bancorp will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that The Bancorp would post earnings of $1.34 per share when it actually produced earnings of $1.41, delivering a surprise of +5.22%.
Over the last four quarters, the company has beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
The Bancorp doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
An Industry Player's Expected ResultsAmong the stocks in the Zacks Banks - Northeast industry, HBT Financial (HBT - Free Report) , is soon expected to post earnings of $0.74 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +17.5%. This quarter's revenue is expected to be $80.7 million, up 37.2% from the year-ago quarter.
Over the last 30 days, the consensus EPS estimate for HBT Financial has remained unchanged. Nevertheless, the company now has an Earnings ESP of -2.04%, reflecting a lower Most Accurate Estimate.
This Earnings ESP, combined with its Zacks Rank #2 (Buy), makes it difficult to conclusively predict that HBT Financial will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
The 5 top-rated dividend stocks by analystsConnectOne Bancorp NASDAQ: CNOB reported stronger second-quarter 2026 earnings, with management citing continued margin expansion, balance sheet growth and benefits from its Long Island acquisition completed a little over a year ago.
Chairman and Chief Executive Officer Frank Sorrentino said the company’s operating performance “continued to accelerate” during the quarter, pointing to “strong revenue and earnings, healthy deposit and loan growth, continued margin expansion, and accelerating financial returns.” He said the bank remains focused on client relationships, core deposit growth and disciplined loan growth.
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Senior Executive Vice President and Chief Financial Officer Bill Burns said net income available to common shareholders was $40.2 million, or $0.80 per share, up from $36.3 million, or $0.72 per share, in the first quarter. Operating pre-provision net revenue improved to 1.94%, compared with 1.81% in the prior quarter and 1.52% a year earlier.
Margin Expansion Continues ConnectOne’s net interest margin widened for the seventh consecutive quarter, reaching 3.42%. Burns said the three-basis-point sequential increase followed wider gains in the two previous quarters and was driven largely by adjustable-rate loan repricing.
Year to date, about $700 million of loan balances came up for repricing, or roughly $100 million per month. Burns said approximately 20% of those loans paid off, while the remaining 80% were retained at a weighted average rate increase of 255 basis points.
Burns maintained prior guidance for a year-end spot margin of 3.50%, citing some pressure from rising deposit costs. However, he said management still expects wider margins through the rest of 2026 and into 2027, with loan repricing expected to outweigh higher funding costs.
In response to an analyst question, Burns said deposit costs have risen slightly, with certificate of deposit rates around 4%. He said growth in non-interest-bearing demand deposits could help offset pressure from higher-cost funding.
Loan and Deposit Growth Remain Solid Loans grew at an annualized rate of about 5% on a period-end basis, while average loan balances increased at a 10% annualized pace. Burns said the growth contributed to stronger net interest income.
Client deposits, defined as total deposits less brokered deposits, grew 8% annualized on a point-to-point basis. Non-interest-bearing demand deposits grew at a 20% annualized rate. Burns said deposit growth came from commercial and retail accounts as well as municipalities, including in Southeast Florida.
During the question-and-answer session, management said it still expects mid-single-digit loan growth for 2026. Sorrentino said loan pipeline activity in the “top of the funnel” supports expectations that momentum will continue in the second half of the year.
Sorrentino also discussed the company’s Florida operations, saying the market remains a growth opportunity for ConnectOne. He said the bank’s Florida presence is approaching $700 million in footings and that about half of the growth is coming from clients with ties to New York and New Jersey who are expanding into Florida.
Non-Interest Income Rises as Expenses Stay Controlled Non-interest income increased to $7.9 million, up more than $1 million sequentially, driven by higher Small Business Administration loan sale gains. Burns said the company expects higher levels of non-interest income in the second half of the year.
Sorrentino said SBA and BoeFly are contributing to the bank’s non-interest income trajectory, while the company’s residential build-out is gaining momentum.
Operating expenses declined slightly to $55.3 million from $55.7 million in the first quarter. The efficiency ratio improved to 42.7%, compared with 45.4% in the prior quarter and 49.2% a year earlier.
Sorrentino said ConnectOne is using technology to improve efficiency, including a partnership with nCino that deploys digital agents and business intelligence into its loan platform. He said the effort has reduced time spent on some manual processes by more than 50%, allowing employees to spend more time on clients and revenue growth.
Credit Metrics Affected by Rent-Stabilized Loan Relationship Credit quality was a major focus of the call, particularly a $63.8 million relationship secured by New York City rent-stabilized multifamily properties that management flagged in the prior quarter.
Burns said the borrower’s issues centered on administrative matters, including delays in the New York State tax abatement process. During the second quarter, ConnectOne received payments that brought $20 million of the exposure current. The remaining $44 million was moved to non-accrual status, followed by a $13.8 million charge-off based on conservative valuations.
Burns clarified during the Q&A that, after the charge-off, the remaining outstanding exposure was about $30 million. He said management hopes to resolve the credit over the next year while continuing to work with the client.
The charge-off was partially offset by a $9.2 million release of reserves previously allocated to the rent-stabilized subsegment, including the specific relationship. The net effect added $4.6 million to provision expense, bringing total provision for loan losses to $8.3 million, compared with $5.2 million in the first quarter.
Non-performing assets increased to 0.55% of total assets from 0.29% in the prior quarter, and annualized charge-offs were 56 basis points, above what Burns described as a typical level of about 20 basis points. He said the increase was “substantially attributable” to the one relationship.
Management emphasized that broader credit trends remain stable. Total criticized and classified loans fell to 1.89% of total loans from 2.26%, while 30- to 89-day delinquencies declined to three basis points of total loans. Burns said there was no other area of the portfolio that was a particular concern.
The rent-stabilized portfolio represents about 5% of total loans and has declined approximately 10% year over year. Burns said ConnectOne is actively exploring a potential bulk sale to further reduce exposure, depending on market conditions.
Capital Builds as Buybacks Remain Opportunistic Tangible book value per share increased 3.1% sequentially to $24.66 and was up 12.4% year over year. The tangible common equity ratio rose to 8.78%, up 70 basis points from last June, when the First of Long Island merger closed.
ConnectOne repurchased 90,000 shares year to date at an average price of $26.21, though it did not repurchase shares during the second quarter. Burns said 550,000 shares remain under the current authorization and that the company will continue to repurchase shares opportunistically.
The board declared a common dividend of $0.195 per share, unchanged from the prior quarter. Burns said the dividend payout ratio remains in the mid-20% range, giving the company flexibility around dividends and buybacks.
Sorrentino said the company remains focused on organic growth rather than near-term bank acquisitions, though he said ConnectOne would continue to be opportunistic if future opportunities arise.
About ConnectOne Bancorp (NASDAQ:CNOB)ConnectOne Bancorp is a New Jersey‐based bank holding company whose primary subsidiary, ConnectOne Bank, offers a suite of commercial banking services to small and medium‐sized businesses, professionals and individuals. Established in 2005 and headquartered in Englewood Cliffs, New Jersey, the company seeks to deliver customized lending and deposit solutions through a network of branches across northern New Jersey and the New York metropolitan area.
The company's lending portfolio centers on commercial real estate financing, construction lending, owner‐occupied real estate loans and working capital lines of credit.
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