Dutch Bros (BROS - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Over the past month, shares of this drive-thru coffee chain operator and franchisor have returned +13.9%, compared to the Zacks S&P 500 composite's +0.7% change. During this period, the Zacks Retail - Restaurants industry, which Dutch Bros falls in, has gained 10.3%. The key question now is: What could be the stock's future direction?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
For the current quarter, Dutch Bros is expected to post earnings of $0.24 per share, indicating a change of +26.3% from the year-ago quarter. The Zacks Consensus Estimate has changed -2.2% over the last 30 days.
For the current fiscal year, the consensus earnings estimate of $0.98 points to a change of +29% from the prior year. Over the last 30 days, this estimate has changed -0.1%.
For the next fiscal year, the consensus earnings estimate of $1.29 indicates a change of +32.1% from what Dutch Bros is expected to report a year ago. Over the past month, the estimate has changed +1.6%.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Dutch Bros is rated Zacks Rank #4 (Sell).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
In the case of Dutch Bros, the consensus sales estimate of $548.97 million for the current quarter points to a year-over-year change of +29.6%. The $2.14 billion and $2.66 billion estimates for the current and next fiscal years indicate changes of +30.4% and +24.4%, respectively.
Last Reported Results and Surprise HistoryDutch Bros reported revenues of $550.85 million in the last reported quarter, representing a year-over-year change of +32.5%. EPS of $0.33 for the same period compares with $0.26 a year ago.
Compared to the Zacks Consensus Estimate of $524.2 million, the reported revenues represent a surprise of +5.08%. The EPS surprise was +13.79%.
Over the last four quarters, Dutch Bros surpassed consensus EPS estimates three times. The company topped consensus revenue estimates each time over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Dutch Bros is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Dutch Bros. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.
Short sellers have piled into 10 stocks valued at $2 billion or more, and the crowding has reached extreme levels. Screener data reviewed Friday morning shows short interest above 34% of the float for every name on the list.
Heavy short interest carries real risk short sellers who profit when a stock falls. A surprise rally, however, can force them to buy back shares to limit losses, and the rush to cover can send prices sharply higher in a short squeeze.
ONDS stock is heavily shorted. Get all the details here. Here are the most heavily shorted stocks (with market caps above $2 billion and 14-day average trading volumes of at least 1 million shares) as Friday, according to data from Benzinga Pro.
The 10 Most-Shorted StocksThe LeadersVenture Global Inc. (NYSE:VG) leads the pack with 83.81% of its float sold short. The company also carries the largest market value in the group at $37.38 billion and has averaged 13.93 million shares traded per day over the past 14 sessions.
MiniMed Group Inc. (NASDAQ:MMED) ranks second at 72.56%. Dutch Bros Inc. (NYSE:BROS) claims third place at 49.08%, well behind the top two but still among the most crowded bearish bets in the market.
Ondas Holdings Inc. (NASDAQ:ONDS) follows at 43.86%. Ondas stands apart on trading activity. Its 14-day average volume of 61.94 million shares tops every other stock in the group by a wide margin.
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The Rest of the Pack Under Armour Inc. (NYSE:UAA) and Kohl’s Corp. (NYSE:KSS) both carry short interest above 40%. Beam Therapeutics Inc. (NASDAQ:BEAM) and Charter Communications Inc. (NASDAQ:CHTR) sit just below 40%, separated by less than half a percentage point. Navan Inc. (NASDAQ:NAVN) and Acadia Healthcare Co. Inc. (NASDAQ:ACHC) round out the top 10 at 36.11% and 34.54%, respectively. A Shaky BackdropMegacap earnings have rattled the market all week. Alphabet Inc. (NASDAQ:GOOG)(NASDAQ:GOOGL) shares tanked Thursday after the company reported worse-than-expected earnings, revenue and capital spending, along with negative free cash flow of $9.07 billion.
Friday brought more pain. Amazon.com Inc. (NASDAQ:AMZN) slid 7% and Intel Corp. (NASDAQ:INTC) sank 28% in early trading after both reported quarterly numbers that disappointed investors, pulling the Nasdaq down. Amazon missed on both earnings and revenue, while Intel issued guidance below expectations.
Crypto offered no relief. Binance halted trading Thursday after hackers allegedly linked to North Korea stole more than $6 billion, the largest crypto hack in history. The exchange said an initial investigation tied the breach to a compromised laptop belonging to one of its engineers, and co-founder Yi He pledged Binance will cover all hacking losses.
Bitcoin (CRYPTO:BTC) traded down 5% and under $77,000 on Friday morning, according to Benzinga Pro market data.
Sudden swings in sentiment can work in either direction for crowded trades. Fear can reward the bears. A relief rally can punish them fast.
What Could Spark a SqueezeEarnings beats, stronger guidance or a broad market rebound could each push short sellers to cover. Without a catalyst, bears may keep pressing their bets. Squeezes rarely announce themselves in advance. Each of these 10 stocks carries enough short interest to make the next surprise a big one.
Reminders: Highly shorted stocks are battlegrounds where negative fundamentals meet speculative trading. Short squeezes can deliver huge, fast gains, but at high risk and volatility. Monitoring the short interest leaderboard can help identify which stocks might be the next short squeeze, but timing such trades remains extremely challenging. Always conduct due diligence, as the volatility often reflects deep underlying risks and business uncertainty. Read Next
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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.82% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Fox (FOXA - Free Report) Headquartered in New York, Fox Corporation is a news, sports and entertainment content provider. It became a standalone, publicly traded company on March 19, 2019 following the merger of Disney and Twenty-First Century Fox, Inc.
FOXA is a #2 (Buy) on the Zacks Rank, with a VGM Score of B.
Momentum investors should take note of this Consumer Discretionary stock. FOXA has a Momentum Style Score of A, and shares are up 5.3% over the past four weeks.
For fiscal 2027, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.12 to $6.06 per share. FOXA boasts an average earnings surprise of +45%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, FOXA should be on investors' short list.
Dominion Energy (D - Free Report) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.2 per share. This compares to earnings of $1.06 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +6.67%. A quarter ago, it was expected that this energy company would post earnings of $0.73 per share when it actually produced earnings of $0.79, delivering a surprise of +8.22%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Dominion Energy, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $5.62 billion for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 17.03%. This compares to year-ago revenues of $4.53 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.
Dominion Energy shares have added about 11.2% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for Dominion Energy?While Dominion Energy 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 Dominion Energy 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 $0.69 on $4.4 billion in revenues for the coming quarter and $3.59 on $18.36 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, Utility - Electric Power is currently in the top 41% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Consolidated Edison (ED - Free Report) , is yet to report results for the quarter ended September 2026. The results are expected to be released on November 5.
This utility is expected to post quarterly earnings of $2.07 per share in its upcoming report, which represents a year-over-year change of +9%. The consensus EPS estimate for the quarter has been revised 12.2% higher over the last 30 days to the current level.
Consolidated Edison's revenues are expected to be $4.77 billion, up 5.2% from the year-ago quarter.
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
Zacks Premium includes access to the Zacks Style Scores as well.
What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.82% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Corpay (CPAY - Free Report) Corpay, Inc. is a global commercial payments solution provider. The company's principal executive offices are at 3280 Peachtree Road, Suite 2400, Atlanta, GA 30305. Through its portfolio of brands, Corpay helps companies automate, secure, digitize and control payments to, or on behalf of, their employees and suppliers. Corpay serves businesses, partners and merchants in North America, Latin America, Europe and the Asia Pacific.
CPAY is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 14.5; value investors should take notice.
Four analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.05 to $27.45 per share. CPAY boasts an average earnings surprise of +3.6%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, CPAY should be on investors' short list.
WALTHAM, Mass., Oct. 30, 2026 (GLOBE NEWSWIRE) -- Werewolf Therapeutics, Inc. (the “Company” or “Werewolf”) (Nasdaq: HOWL), an innovative biopharmaceutical company pioneering the development of conditionally activated therapeutics engineered to stimulate the body's immune system for the treatment of cancer, today announced that it has been selected for an oral presentation and will present two posters at the upcoming Society for Immunotherapy of Cancer's (SITC) 2026 Annual Meeting, taking place November 4-8, 2026, in Phoenix, Arizona.
F5 Networks (FFIV - Free Report) has been beaten down lately with too much selling pressure. While the stock has lost 18.1% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.
We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of price movements.
RSI oscillates between zero and 100. Usually, a stock is considered oversold when its RSI reading falls below 30.
Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fundamentals. And the beauty of RSI is that it helps you quickly and easily check if a stock's price is reaching a point of reversal.
So, by this measure, if a stock has gotten too far below its fair value just because of unwarranted selling pressure, investors may start looking for entry opportunities in the stock for benefiting from the inevitable rebound.
However, like every investing tool, RSI has its limitations, and should not be used alone for making an investment decision.
Here's Why FFIV Could Experience a TurnaroundThe heavy selling of FFIV shares appears to be in the process of exhausting itself, as indicated by its RSI reading of 26.6. So, the trend for the stock could reverse soon for reaching the old equilibrium of supply and demand.
This technical indicator is not the only factor that calls for a potential rebound for the stock. There is a fundamental indicator as well. A strong agreement among sell-side analysts covering FFIV in raising earnings estimates for the current year has led to an increase in the consensus EPS estimate by 0.6% over the last 30 days. And an upward trend in earnings estimate revisions usually translates into price appreciation in the near term.
Moreover, FFIV currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. This is a more conclusive indication of the stock's potential turnaround in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Total revenue of $258.9 millionNet income of $40.4 millionNet cash provided from operations of $114.5 millionRecord bookings quarter in Government Solutions, excluding quarter in which we booked the New York City Department of Transportation ("NYCDOT") contract renewalReaffirming fiscal year 2026 guidance provided August 5, 2026Board appointed Matthew Kvarda as Interim Chief Financial OfficerUpdate on Commercial Services' customer contracts , /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today the financial results for the third quarter ended September 30, 2026.
Third Quarter 2026 Financial Highlights
Revenue: Total revenue for the third quarter of 2026 was $258.9 million, a decrease of 1% compared to $261.9 million for the third quarter of 2025. Service revenue decreased 1%, driven by a 14% decline in our Commercial Services segment partially offset by 13% growth in our Government Solutions segment.Net income and Diluted Earnings Per Share ("EPS"): Net income for the third quarter of 2026 was $40.4 million, or $0.27 per share, based on 152.1 million diluted weighted average shares outstanding. Net income for the comparable 2025 period was $46.8 million, or $0.29 per share, based on 161.9 million diluted weighted average shares outstanding. The decrease in net income for the third quarter of 2026 was primarily due to decreased revenue and margins.Adjusted EPS*: Adjusted EPS for the third quarter of 2026 was $0.36 per share compared to $0.37 per share for the third quarter of 2025.Adjusted EBITDA*: Adjusted EBITDA was $103.9 million for the third quarter of 2026 compared to $113.3 million for the same period in 2025. Adjusted EBITDA Margin* was 40% and 43% of total revenue for the 2026 and 2025 periods, respectively. The primary driver of the Adjusted EBITDA margin decline was an approximate 560 basis point decline in the Commercial Services segment profit margin.Net Cash Provided from Operations: Cash provided by operating activities increased by $36.8 million from $77.7 million for the three months ended September 30, 2025 to $114.5 million for the three months ended September 30, 2026. Net income quarter-over-quarter decreased by $6.4 million, from $46.8 million in 2025 to $40.4 million in 2026. The aggregate adjustments to reconcile net income to net cash provided by operating activities decreased $12.3 million mainly due to decreases in stock-based compensation, deferred income taxes, and an uncertain tax position reserve release. The aggregate changes in operating assets and liabilities increased by $55.5 million in 2026 compared to the prior year period, of which the majority was attributable to a decrease in accounts receivable, partially offset by a decrease in accounts payable.Free Cash Flow*: Free Cash Flow was $89.4 million for the third quarter of 2026 compared to $49.0 million for the prior year period. The increase in Free Cash Flow is attributable to the items impacting cash provided by operating activities (as discussed above) and a reduction in capital expenditures.*Non-GAAP measure; refer to "Non-GAAP Financial Measures" further below for explanatory notes and a reconciliation to the most directly comparable GAAP measure.
We report our results of operations based on three operating segments:
Commercial Services offers automated toll and violations management and title and registration solutions to rental car companies, fleet management companies and other large fleet owners.Government Solutions delivers automated safety solutions to municipalities, school districts and government agencies, including services and technology that enable photo enforcement cameras to detect and process traffic violations related to speed, red-light, school bus and city bus lane management.Parking Solutions provides an integrated suite of parking software, transaction processing and hardware solutions to universities, municipalities, parking operators, healthcare facilities and transportation hubs in the United States and Canada.Third Quarter 2026 Segment Detail
The Commercial Services segment generated total revenue of $100.3 million, a 14% decrease compared to $117.3 million in the same period in 2025. Segment profit was $61.3 million, a 22% decrease from $78.3 million in the prior year period. The decreases in revenue and segment profit compared to the prior year period resulted from a $16.1 million or 20% reduction in rental car companies ("RAC") tolling revenue, due to the effect of contract extensions entered into with two of our significant customers on terms materially less favorable to us than those of the prior agreement, fleet volume fluctuations with one significant customer, and reduced travel demand compared to the same period in 2025. U.S Transportation and Security Administration passenger volume in the third quarter of 2026 was approximately 3% less compared to the prior year period. Revenue derived from fleet management companies decreased $2.2 million or 13% in 2026 compared to the same period in 2025 due to a one-time operational adjustment and prior period churn. Normalizing for these adjustments, fleet management revenue would have grown 4% over the prior year period. The segment profit margin was 61% for the third quarter of 2026 and 67% for the third quarter of 2025. Third quarter 2026 segment profit margins declined due to reduced RAC tolling revenue, increased credit loss expense and decreased volume rebates earned from total spend on credit card transactions due to decreased tolling and travel activity.The Government Solutions segment generated total revenue of $136.8 million, a 12% increase compared to $122.6 million in the same period in 2025. The increase was due to a 13% increase in service revenue over the prior year period, primarily driven by an increase of $8.6 million attributable to expansion in speed, red light, bus lane, school bus and other services, outside of NYCDOT. The remaining $5.6 million of growth, or 12%, is attributable to NYCDOT installation revenue on new camera installations, net of pricing changes under the new contract. In addition, product revenue increased approximately $0.1 million from the prior year period. The segment profit was $39.1 million in 2026 compared to $31.3 million in the prior year period with segment profit margins of 29% for 2026 and 26% for 2025. The increase in segment profit margins compared to the prior year period was primarily driven by NYCDOT installation volume, revenue mix and decreased wage expenses.The Parking Solutions segment generated total revenue of $21.7 million, a 2% decrease compared to $22.1 million in the same period in 2025, which was due primarily to a decrease in professional services and subscription services related to parking management solutions, partially offset by increases in software as a service ("SaaS") product offerings compared to the prior year period. The segment profit was $3.5 million compared to $3.8 million in the prior year period with segment profit margins of 16% for 2026 and 17% for 2025.Liquidity and Debt: As of September 30, 2026, cash and cash equivalents were $137.0 million and total debt, net was $1,033 million. Net cash provided by operating activities was $114.5 million for the three months ended September 30, 2026, and $211.8 million for the nine months ended September 30, 2026.
Net Debt and Net Leverage*: As of September 30, 2026, Net Debt was $903.3 million and Net Leverage was 2.2x, as compared to $971.8 million and 2.3x as of December 31, 2025.
*Non-GAAP measure; refer to "Non-GAAP Financial Measures" further below for explanatory notes and a reconciliation to the most directly comparable GAAP measure.
Change in Executive Leadership and Organizational Realignment
As previously announced, on September 30, 2026, the Board appointed Jon Newhard as President and Chief Executive Officer of Verra Mobility, effective November 1, 2026, following a comprehensive search led by the Board and an executive search firm. He will succeed Jon Keyser, who has served as Interim President and Chief Executive Officer during the leadership transition. Mr. Newhard brings more than two decades of experience in the transportation and mobility industry. His leadership will support the continued execution of Verra Mobility's strategy, build on the Company's strong foundation and position the business for long-term growth. To help facilitate a smooth transition, Mr. Keyser has agreed to serve as Special Advisor through the remainder of 2026.
On October 15, 2026, we announced that Craig Conti will step down as Executive Vice President and Chief Financial Officer, effective November 4, 2026. The Board has retained a leading executive search firm, Spencer Stuart, to conduct a comprehensive search for a permanent CFO who can help advance the Company's strategy and support its next phase of growth.
On October 29, 2026, the Board appointed Matthew Kvarda as Interim Chief Financial Officer, effective November 5, 2026, to serve until a permanent Chief Financial Officer is appointed.
Mr. Kvarda is a Managing Director of Alvarez & Marsal North America, LLC ("A&M") in Los Angeles, California where he has worked since 2004. At A&M, Mr. Kvarda has served as Interim Chief Financial Officer or Interim senior management for a variety of public and non-public companies including Jacuzzi Brands, TEAM, Inc., Revlon, Inc. and 23andMe. Prior to joining A&M, Mr. Kvarda was a Senior Director at KPMG, LLP from 2002 to 2003. Mr. Kvarda was also a Senior Director with Arthur Andersen & Co. from 1996 to 2002 and also served as an Assistant Vice President at Bank of America from 1992 to 1996. Mr. Kvarda earned a bachelor's degree in economics from the University of California, San Diego, and an MBA from the University of California, Los Angeles. The Board believes that Mr. Kvarda's extensive financial experience and prior experience serving as Interim Chief Financial Officer make him well suited to serve as Interim Chief Financial Officer of the Company.
Following the pending executive leadership transition, and upon evaluating how the company is organized and managed, the company will make a determination as to its future segment reporting.
Commercial Services Customer Contracts
In July 2026, we entered into a seven-year contract extension with Avis Budget Group ("ABG") following the withdrawal of its previously issued termination notice. The revised agreement included materially less favorable terms compared to the prior contract and provided ABG with greater flexibility to adjust its fleet volumes.
During the third quarter, ABG significantly and abruptly reduced its fleet volumes under the parties' agreement, contrary to its prior stated intent to continue the parties' longstanding relationship. Given the significant reduction in fleet volumes and other factors, we determined that our mutual interests were no longer aligned, and terminating the contract was in Verra Mobility's best interest. As a result, on October 2, 2026, Verra Mobility exercised its contractual right to terminate the agreement effective on January 30, 2027. We have engaged Quinn Emanuel Urquhart & Sullivan, LLP to vigorously support our protection of intellectual property, trade secrets and confidential information related to our tolling and violations solutions. Looking ahead, Verra Mobility will continue prioritizing opportunities that support sustainable growth and strong customer outcomes. We remain focused on serving our customers, managing the financial implications of these contractual changes and positioning the business for long-term success.
Separately, we also renewed our agreement with Hertz for five years, extending our more than 20 years of partnership, and agreed to collaborate on the development of new technology solutions. As previously disclosed, this contract extension was on materially less favorable terms to us than the prior agreement and contains fleet volume modulation rights that are subject to terms and conditions set forth in the agreement.
The Company's contract with Enterprise Mobility expires September 30, 2027, and Verra Mobility is following Enterprise's procurement process.
Goodwill and Intangible Assets Impairments
We recorded a $64.0 million impairment to goodwill in our Parking Solutions segment during the nine months ended September 30, 2026, which is presented in a separate line item on the condensed consolidated statements of operations. This was in connection with our 2026 assessment of goodwill impairment which determined that the Parking Solutions reporting unit carrying value exceeded the estimated fair value. As part of this assessment, we determined that the carrying value of certain intangibles within the Parking Solutions segment were not recoverable and recorded a $40.4 million impairment to intangibles in our Parking Solutions segment during the nine months ended September 30, 2026, which is presented in a separate line item on the condensed consolidated statements of operations.
2026 Full Year Guidance
Based on year-to-date 2026 results and our outlook for the fourth quarter, we are reaffirming 2026 full year guidance for all financial measures, provided in our second quarter earnings announcement, dated August 5, 2026.
Total Revenue of $945 million to $965 millionAdjusted EBITDA of $360 million to $370 millionAdjusted EPS of $1.11 to $1.17Free Cash Flow of $105 million to $115 millionUnderlying Assumptions for 2026 Full Year Guidance
Full Year 2026 TSA volume assumed to decline over 1% compared to full year 2025.Weighted average fully diluted share count expected to be approximately 153 million shares for the full year 2026Effective tax rate (including state taxes) is expected to be 28.0% to 29.0%, with approximately $30 million in total cash taxes expected to be paid in 2026. The effective tax rate for non-GAAP adjustments is provided in the Reconciliation of Net Income to Adjusted Net Income and Calculation of Adjusted EPSDepreciation and amortization expense expected to be approximately $120 million for 2026Total interest expense, net expected to be approximately $62 million, of which approximately $60 million is expected to be net cash interest paidChange in working capital (change in operating assets and liabilities) is expected to result in a use of cash of approximately $40 million for 2026 primarily related to both our RAC contract renewals and the timing of expenditures and collections of our ongoing installation work in New York CityCapital expenditures (purchases of installation and service parts and property and equipment) are expected to be approximately $125 million for 2026 relating primarily to camera installations and MOSAIC implementationThe forward-looking guidance provided includes Adjusted EBITDA, Adjusted EPS, and Free Cash Flow, all of which are non-GAAP financial measures and are defined below.
Conference Call
As previously announced, given the pending leadership transitions, Verra Mobility will not hold a conference call in connection with the release of its third quarter financial results. The Company expects to resume its customary quarterly earnings conference calls beginning with its fourth quarter and full-year 2026 results.
About Verra Mobility
Verra Mobility Corporation (NASDAQ: VRRM) is a leading provider of smart mobility technology solutions that make transportation safer, smarter, and more connected. The company sits at the center of the mobility ecosystem, bringing together vehicles, hardware, software, data, and people to enable safe, efficient solutions for customers globally. Verra Mobility's transportation safety systems and parking management solutions protect lives, improve urban and motorway mobility, and support healthier communities. The company also solves complex payment, utilization, and compliance challenges for fleet owners and rental car companies. Headquartered in Arizona, Verra Mobility operates in the United States, Australia, Europe, and Canada. For more information, please visit www.verramobility.com.
Forward-Looking Statements
This press release contains forward-looking statements which address our expected future business and financial performance, and may contain words such as "goal," "target," "future," "estimate," "expect," "anticipate," "intend," "plan," "believe," "seek," "project," "may," "should," "will" or similar expressions. Forward-looking statements include statements regarding changes and trends in the market for our products and services, including expected operating results and metrics, such as revenue growth and expected margins; expansion plans and opportunities; expectations regarding the impact of the termination of our contract with ABG, effective January 30, 2027, and our ability to replace the revenue expected under that contract; expectations regarding fluctuations in fleet volume under our arrangement with our second significant Commercial Services customer; expectations relating to our selection by the City of Los Angeles to implement California's largest speed safety program and the contract with NYCDOT; expectations regarding the upcoming renewal of our contract with our third significant Commercial Services customer; our ability to protect our intellectual property, trade secrets and confidential information; our ability to support sustainable growth and strong customer outcomes; our leadership transitions, including the transition to our new President and Chief Executive Officer and the search for a permanent Chief Financial Officer; potential changes to our segment reporting; full year guidance for 2026, including expected total revenue, Adjusted EBITDA, Adjusted EPS, and Free Cash Flow, and the underlying assumptions for the 2026 full-year guidance, including anticipated TSA volume, expected weighted average fully diluted share count, effective tax rate and cash taxes, expected depreciation and amortization expenses, expected interest expense, net and total net cash interest, expected change in working capital, expected capital expenditures, and expected operating expenditures; expectations relating to momentum across key growth areas and our pipeline; our ability to meet our long-term outlook; the expected benefits of our smart mobility platform, including margin expansion impact; and expectations concerning our share repurchase program. Forward-looking statements involve risks and uncertainties, and a number of factors could cause actual results to differ materially from those currently anticipated. These factors include, but are not limited to, the impact of negative industry and macroeconomic conditions, including inflation and higher interest rates, the impact of government actions and regulations, such as tariffs, trade protection measures, and military conflicts, on our customers or Verra Mobility; customer concentration in our Commercial Services and Government Solutions segments, including risks impacting these segments such as travel demand and legislation, and the risk of losing a customer; risks related to our contract with NYCDOT, which comprises a material portion of our revenue, including the timing of payments; risks related to the termination of our contract with one of our significant Commercial Services customers, effective January 30, 2027, and our ability to replace the revenue expected under that contract on a timely basis or at all; risks associated with fluctuations in fleet volume under the contract extension with our second significant Commercial Services customer; risks related to the upcoming renewal of our contract with our third significant Commercial Services customer, which may involve a competitive process, including the risk that we may not be successful in retaining the contract or may retain it only on terms less favorable to us than the current agreement; risks related to the future termination of any such contracts; risks and uncertainties related to our government contracts, including legislative changes, termination rights, delays in payments, audits, and investigations; decreases in the prevalence or political acceptance of, or an increase in governmental restrictions regarding, automated and other similar methods of photo enforcement, parking solutions, or the use of tolling; our ability to successfully implement our acquisition strategy or integrate acquisitions; failures in or breaches of our networks or systems, including as a result of cyber-attacks or other incidents; risks and uncertainties related to our international operations and our ability to develop and successfully market new products and technologies into new markets; our failure to acquire necessary intellectual property or adequately protect our intellectual property; our ability to successfully improve operational efficiencies, generate cost savings, and achieve expected benefits from our transformation and strategic initiatives, including organizational changes that could result in a change to our segment reporting; risks related to our ongoing leadership transitions, including the transition to our new President and Chief Executive Officer, our reliance on an Interim Chief Financial Officer provided through a third-party engagement and the search for a permanent Chief Financial Officer, and our ability to attract and retain key management personnel; our ability to manage our substantial level of indebtedness; our ability to maintain effective internal controls over financial reporting; risks related to our goodwill and intangible assets, which have been subject to impairment and may be subject to further impairment in the future; our ability to properly perform under our contracts and otherwise satisfy our customers; risks associated with the use of artificial intelligence ("AI") and related tools and our ability to achieve expected benefits from AI; our ability to incorporate AI into our business and transform our data into valuable insights, deliver more intelligent software and hardware, improve our efficiency of our operations and create a new generation of AI-enabled transportation solutions that strengthens customer outcomes, improves roadway safety and increases the long-term value of our technology platform; decreased interest in outsourcing from our customers; our ability to keep up with technological developments and changing customer preferences; our ability to compete in a highly competitive and rapidly evolving market; risks and uncertainties related to our share repurchase program; risks and uncertainties related to litigation, including pending securities litigation, and other disputes and regulatory investigations; our reliance on specialized third-party providers; and other risks and uncertainties indicated from time to time in documents we filed or will file with the Securities and Exchange Commission (the "SEC"). In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this press release can or will be achieved. This press release should be read in conjunction with the information included in our other press releases, reports, and other filings with the SEC. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in our SEC filings, including our 2025 Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q for the quarters ended March 31, 2026, June 30, 2026, and September 30, 2026. These forward-looking statements speak only as of the date of this press release and except to the extent required by applicable law, we do not assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events and developments, or otherwise. Understanding the information contained in these filings is important in order to fully understand our reported financial results and our business outlook for future periods.
Additional Information
We periodically provide information for investors on our corporate website, www.verramobility.com, and our investor relations website, ir.verramobility.com.
We intend to use our website including our quarterly earnings presentation as a means of disclosing material non-public information, additional financial and operating metrics and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media. In addition, you may enroll to automatically receive e-mail alerts and other information about our company by visiting "Email Alerts" under the "Investor Resources" section of the "Investors" portion of our website.
Non-GAAP Financial Measures
In addition to disclosing financial results that are determined in accordance with U.S. generally accepted accounting principles ("GAAP"), we also disclose certain non-GAAP financial information in this press release. These financial measures are not recognized measures under GAAP and are not intended to be, and should not be, considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. EBITDA, Adjusted EBITDA, Free Cash Flow, Adjusted Net Income, Adjusted EPS, Adjusted EBITDA Margin, Net Debt, and Net Leverage are non-GAAP financial measures as defined by SEC rules. These non-GAAP financial measures may be determined or calculated differently by other companies. As a result, they may not be comparable to similarly titled performance measures presented by other companies. Reconciliations of these non-GAAP measurements to the most directly comparable GAAP financial measurements have been provided in the financial statement tables included in this press release, and investors are encouraged to review the reconciliations.
We are not providing a quantitative reconciliation of Adjusted EBITDA, Adjusted EPS, or Free Cash Flow which are included in our 2026 financial guidance above, in reliance on the "unreasonable efforts" exception for forward-looking non-GAAP measures set forth in SEC rules because certain financial information, the probable significance of which cannot be determined, is not available and cannot be reasonably estimated without unreasonable effort and expense. In this regard, we are unable to provide a reconciliation of forward-looking Adjusted EBITDA to GAAP net income, Adjusted EPS to net income per share and Free Cash Flow to net cash provided by operating activities, due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliation. Due to the uncertainty of estimates and assumptions used in preparing forward-looking non-GAAP measures, we caution investors that actual results could differ materially from these non-GAAP financial projections.
We use the non-GAAP metrics EBITDA, Adjusted EBITDA, Free Cash Flow, Adjusted Net Income, Adjusted EPS, and Adjusted EBITDA Margin to measure our performance from period to period, to evaluate and fund incentive compensation programs and to compare our results to those of our competitors. We use the non-GAAP metrics Free Cash Flow in connection with managing the business and we use the non-GAAP metrics "Net Debt" and "Net Leverage" to understand our overall leverage position and to evaluate capital allocation decisions. In addition, we also believe that these non-GAAP measures provide useful information to investors regarding financial and business trends related to our results of operations and that when non-GAAP financial information is viewed with GAAP financial information, investors are provided with a more meaningful understanding of our ongoing operating performance, liquidity, and leverage relative to other periods. These non-GAAP measures have certain limitations as analytical tools and should not be used as substitutes for net income, cash flows from operations, earnings per share, other consolidated income, cash flow, or debt data prepared in accordance with GAAP.
EBITDA and Adjusted EBITDA
We define "EBITDA" as net income adjusted to exclude interest expense, net, income taxes, depreciation and amortization. "Adjusted EBITDA" further excludes certain non-cash expenses and non-recurring items.
Free Cash Flow
We define "Free Cash Flow" as net cash flow provided by operating activities less purchases of installation and service parts and property and equipment.
Adjusted Net Income
We define "Adjusted Net Income" as net income adjusted to exclude amortization of intangibles and certain non-cash or non-recurring expenses such as loss on extinguishment of debt, among other items.
Adjusted EPS
We define "Adjusted EPS" as Adjusted Net Income divided by the diluted weighted average shares for the period.
Adjusted EBITDA Margin
We define "Adjusted EBITDA Margin" as Adjusted EBITDA as a percentage of total revenue.
Net Debt
We define "Net Debt" as total debt, net excluding original issue discounts and unamortized deferred financing costs, less cash and cash equivalents.
Net Leverage
We define "Net Leverage" as Net Debt divided by the trailing twelve months Adjusted EBITDA as of the current quarter-end.
Additional Metrics
Recurring Revenue or Recurring Service Revenue
We define "Recurring Revenue" or "Recurring Service Revenue" as all revenue other than product sales for each of our segments, as we typically generate revenue on a recurring monthly basis under long-term contracts with our customers. This includes our Commercial Services segment where we generate service revenue through processing of tolls, violations, and titles and registrations.
TSA Volume
TSA passenger volume represents the number of airline passengers passing through Transportation Security Administration checkpoints.
VERRA MOBILITY CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited)
(In thousands, except per share data)
September 30,
2026
December 31,
2025
Assets
Current assets:
Cash and cash equivalents
$ 136,972
$ 65,272
Restricted cash
3,144
3,046
Accounts receivable (net of allowance for credit losses of $20.7 million and $23.0
million at September 30, 2026 and December 31, 2025, respectively)
192,181
234,288
Unbilled receivables
108,721
56,100
Inventory
21,412
20,662
Prepaid expenses and other current assets
65,313
61,534
Total current assets
527,743
440,902
Installation and service parts, net
38,173
27,081
Property and equipment, net
266,947
208,703
Operating lease assets
43,869
36,359
Intangible assets, net
87,164
168,641
Goodwill
676,789
741,610
Other non-current assets
31,724
22,366
Total assets
$ 1,672,409
$ 1,645,662
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable
$ 132,591
$ 101,813
Deferred revenue
28,863
26,650
Accrued liabilities
80,736
69,851
Tax receivable agreement liability, current portion
5,257
5,257
Current portion of debt
9,506
6,888
Total current liabilities
256,953
210,459
Debt, net of current portion
1,023,056
1,021,157
Operating lease liabilities, net of current portion
45,807
31,338
Tax receivable agreement liability, net of current portion
33,418
38,418
Asset retirement obligations
19,096
17,789
Deferred tax liabilities, net
10,319
16,341
Other long-term liabilities
18,943
17,200
Total liabilities
1,407,592
1,352,702
Commitments and contingencies
Stockholders' equity
Preferred stock, $0.0001 par value
—
—
Class A common stock, $0.0001 par value
15
15
Additional paid-in capital
542,140
547,274
Accumulated deficit
(267,736)
(243,759)
Accumulated other comprehensive loss
(9,602)
(10,570)
Total stockholders' equity
264,817
292,960
Total liabilities and stockholders' equity
$ 1,672,409
$ 1,645,662
VERRA MOBILITY CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
AND COMPREHENSIVE INCOME
(Unaudited)
Three Months Ended September 30,
Nine Months Ended September 30,
(In thousands, except per share data)
2026
2025
2026
2025
Service revenue
$ 239,905
$ 243,219
$ 700,007
$ 678,598
Product sales
18,970
18,719
46,027
42,619
Total revenue
258,875
261,938
746,034
721,217
Cost of service revenue, excluding depreciation and
amortization
14,888
9,246
36,489
18,658
Cost of product sales
17,638
12,826
39,963
29,804
Operating expenses
90,404
88,036
266,924
243,092
Selling, general and administrative expenses
43,438
47,757
128,281
147,724
Depreciation, amortization and (gain) loss on disposal
of assets, net
26,947
29,264
85,405
86,551
Goodwill impairment
—
—
64,037
—
Impairment of intangible assets
—
—
40,354
—
Total costs and expenses
193,315
187,129
661,453
525,829
Income from operations
65,560
74,809
84,581
195,388
Interest expense, net
15,027
16,421
45,920
49,629
Loss on extinguishment of debt
—
21
—
69
Other income, net
(4,744)
(6,298)
(14,878)
(16,410)
Total other expenses
10,283
10,144
31,042
33,288
Income before income taxes
55,277
64,665
53,539
162,100
Income tax provision
14,889
17,826
34,585
44,347
Net income
$ 40,388
$ 46,839
$ 18,954
$ 117,753
Other comprehensive income (loss):
Change in foreign currency translation adjustment
144
(790)
968
7,723
Total comprehensive income
$ 40,532
$ 46,049
$ 19,922
$ 125,476
Net income per share:
Basic
$ 0.27
$ 0.29
$ 0.12
$ 0.74
Diluted
$ 0.27
$ 0.29
$ 0.12
$ 0.73
Weighted average shares outstanding:
Basic
151,996
159,552
151,930
159,525
Diluted
152,120
161,861
152,988
161,824
VERRA MOBILITY CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)
Three Months Ended September 30,
($ in thousands)
2026
2025
Cash Flows from Operating Activities:
Net income
$ 40,388
$ 46,839
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
26,223
28,534
Amortization of deferred financing costs and discounts
547
953
Loss on extinguishment of debt
—
21
Unrealized loss on remeasurement of share-based proceeds
819
—
Credit loss expense
6,626
4,521
Deferred income taxes
5,016
9,173
Stock-based compensation
721
4,961
Uncertain tax position reserve release
(4,008)
—
Other
819
870
Changes in operating assets and liabilities:
Accounts receivable
60,500
(15,961)
Unbilled receivables
(11,398)
(7,731)
Inventory
(5,529)
3,580
Prepaid expenses and other assets
(2,977)
(11,119)
Deferred revenue
7,137
(442)
Accounts payable and other current liabilities
(13,973)
20,385
Other liabilities
3,618
(6,869)
Net cash provided by operating activities
114,529
77,715
Cash Flows from Investing Activities:
Purchases of installation and service parts and property and equipment
(25,117)
(28,750)
Cash proceeds from the sale of assets
296
116
Net cash used in investing activities
(24,821)
(28,634)
Cash Flows from Financing Activities:
Borrowings on Amended Revolver
23,000
—
Repayment on Amended Revolver
(23,000)
—
Repayment of term loan debt
(1,722)
(2,255)
Equipment financing arrangements
15
—
Repayment of equipment financing arrangements
(732)
—
Payment of debt issuance costs
(182)
(187)
Proceeds from the exercise of stock options
—
213
Payment of employee tax withholding related to RSUs and PSUs vesting
(58)
(171)
Net cash used in financing activities
(2,679)
(2,400)
Effect of exchange rate changes on cash and cash equivalents
(103)
(307)
Net increase in cash, cash equivalents and restricted cash
86,926
46,374
Cash, cash equivalents and restricted cash - beginning of period
53,190
153,925
Cash, cash equivalents and restricted cash - end of period
$ 140,116
$ 200,299
VERRA MOBILITY CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)
Nine Months Ended September 30,
($ in thousands)
2026
2025
Cash Flows from Operating Activities:
Net income
$ 18,954
$ 117,753
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
83,978
85,179
Amortization of deferred financing costs and discounts
1,669
2,856
Loss on extinguishment of debt
—
69
Share-based proceeds from legal settlement
(7,865)
—
Unrealized loss on remeasurement of share-based proceeds
3,447
—
Credit loss expense
13,836
18,377
Deferred income taxes
(246)
4,706
Stock-based compensation
7,868
18,696
Uncertain tax position reserve release
(4,008)
(1,682)
Goodwill impairment
64,037
—
Impairment of intangible assets
40,354
—
Other
1,700
2,097
Changes in operating assets and liabilities:
Accounts receivable
28,088
(39,635)
Unbilled receivables
(52,256)
(10,441)
Inventory
(15,274)
3,762
Prepaid expenses and other assets
8,060
(5,144)
Deferred revenue
2,128
(498)
Accounts payable and other current liabilities
8,958
28,285
Other liabilities
8,347
(8,552)
Net cash provided by operating activities
211,775
215,828
Cash Flows from Investing Activities:
Purchases of installation and service parts and property and equipment
(80,165)
(84,868)
Cash proceeds from the sale of assets
507
215
Net cash used in investing activities
(79,658)
(84,653)
Cash Flows from Financing Activities:
Borrowings on Amended Revolver
133,500
—
Repayment on Amended Revolver
(133,500)
—
Repayment of term loan debt
(5,166)
(6,764)
Equipment financing arrangements
2,923
—
Repayment of equipment financing arrangements
(942)
—
Payment of debt issuance costs
(718)
(449)
Share repurchases and retirement
(51,567)
—
Proceeds from the exercise of stock options
336
1,054
Payment of employee tax withholding related to RSUs and PSUs vesting
(5,532)
(7,161)
Net cash used in financing activities
(60,666)
(13,320)
Effect of exchange rate changes on cash and cash equivalents
347
1,290
Net increase in cash, cash equivalents and restricted cash
71,798
119,145
Cash, cash equivalents and restricted cash - beginning of period
68,318
81,154
Cash, cash equivalents and restricted cash - end of period
$ 140,116
$ 200,299
VERRA MOBILITY CORPORATION
RECONCILIATION OF NET INCOME TO ADJUSTED EBITDA (Unaudited)
Three Months Ended September 30,
Nine Months Ended September 30,
($ in thousands)
2026
2025
2026
2025
Net income
$ 40,388
$ 46,839
$ 18,954
$ 117,753
Interest expense, net
15,027
16,421
45,920
49,629
Income tax provision
14,889
17,826
34,585
44,347
Depreciation and amortization
26,223
28,534
83,978
85,179
EBITDA
96,527
109,620
183,437
296,908
Transaction and other related expenses (i)
123
—
123
1,093
Transformation expenses (ii)
5,743
283
13,155
(1,120)
Legal accrual/settlement (iii)
820
(1,540)
(8,360)
(1,540)
Goodwill impairment (iv)
—
—
64,037
—
Impairment of intangible assets (v)
—
—
40,354
—
Transfer pricing adjustments
5
—
2
—
Loss on extinguishment of debt
—
21
—
69
Stock-based compensation (vi)
721
4,961
7,868
18,696
Adjusted EBITDA
$ 103,939
$ 113,345
$ 300,616
$ 314,106
Adjusted EBITDA Margin
40 %
43 %
40 %
44 %
Net Income Margin
16 %
18 %
3 %
16 %
Revenue
258,875
261,938
746,034
721,217
(i)
Transaction and other related expenses for the periods presented primarily related to deal costs incurred for potential acquisitions.
(ii)
Transformation expenses for the 2026 periods consist of severance and other employee separation costs. Transformation expenses for the nine-month period in 2025 represent a non-cash benefit in relation to a building lease.
(iii)
For the three months ended September 30, 2026 this consists of the quarterly adjustment relating to the equity securities to remeasure to fair value at the end of the reporting period. For the nine months ended September 30, 2026 this relates to a legal settlement finalized in the first quarter of 2026 in the form of cash and equity securities, an adjustment relating to the equity securities to remeasure to fair value at the end of the reporting period, and directly associated legal costs incurred during the quarter. For the 2025 periods, this relates to adjustments to loss contingencies.
(iv)
This relates to the non-cash impairment of goodwill in our Parking Solutions segment further discussed above.
(v)
This relates to the non-cash impairment of intangible assets in our Parking Solutions segment further discussed above.
(vi)
Stock-based compensation represents the non-cash charge related to the issuance of awards under the Verra Mobility Corporation Amended and Restated 2018 Equity Incentive Plan.
RECONCILIATION OF NET CASH PROVIDED BY OPERATING ACTIVITIES TO FREE CASH
FLOW (Unaudited)
Three Months Ended September 30,
Nine Months Ended September 30,
($ in thousands)
2026
2025
2026
2025
Net cash provided by operating activities
$ 114,529
$ 77,715
$ 211,775
$ 215,828
Purchases of installation and service parts and
property and equipment
(25,117)
(28,750)
(80,165)
(84,868)
Free Cash Flow
$ 89,412
$ 48,965
$ 131,610
$ 130,960
RECONCILIATION OF NET INCOME TO ADJUSTED NET INCOME AND CALCULATION OF
ADJUSTED EPS (Unaudited)
Three Months Ended September 30,
Nine Months Ended September 30,
(In thousands, except per share data)
2026
2025
2026
2025
Net income
$ 40,388
$ 46,839
$ 18,954
$ 117,753
Amortization of intangibles
11,575
15,645
41,490
48,719
Transaction and other related expenses (i)
123
—
123
1,093
Transformation expenses (ii)
5,743
283
13,155
(1,120)
Legal accrual/settlement (iii)
820
(1,540)
(8,360)
(1,540)
Goodwill impairment (iv)
—
—
64,037
—
Impairment of intangible assets (v)
—
—
40,354
—
Tax credit on impairment
—
—
(11,254)
—
Loss on extinguishment of debt
—
21
—
69
Stock-based compensation (vi)
721
4,961
7,868
18,696
Total adjustments before income tax effect
18,982
19,370
147,413
65,917
Income tax effect on adjustments
(5,315)
(5,611)
(15,198)
(19,096)
Total adjustments after income tax effect
13,667
13,759
132,215
46,821
Adjusted Net Income
$ 54,055
$ 60,598
$ 151,169
$ 164,574
Adjusted EPS
$ 0.36
$ 0.37
$ 0.99
$ 1.02
Diluted weighted average shares outstanding
152,120
161,861
152,988
161,824
Annual estimated effective income tax rate (vii)
28 %
29 %
28 %
29 %
(i)
Transaction and other related expenses for the periods presented primarily related to deal costs incurred for potential acquisitions.
(ii)
Transformation expenses for the 2026 periods consist of severance and other employee separation costs. Transformation expenses for the nine-month period in 2025 represent a non-cash benefit in relation to a building lease.
(iii)
For the three months ended September 30, 2026 this consists of the quarterly adjustment relating to the equity securities to remeasure to fair value at the end of the reporting period. For the nine months ended September 30, 2026 this relates to a legal settlement finalized in the first quarter of 2026 in the form of cash and equity securities, an adjustment relating to the equity securities to remeasure to fair value at the end of the reporting period, and directly associated legal costs incurred during the quarter. For the 2025 periods, this relates to adjustments to loss contingencies.
(iv)
This relates to the non-cash impairment of goodwill in our Parking Solutions segment further discussed above.
(v)
This relates to the non-cash impairment of intangible assets in our Parking Solutions segment further discussed above.
(vi)
Stock-based compensation represents the non-cash charge related to the issuance of awards under the Verra Mobility Corporation Amended and Restated 2018 Equity Incentive Plan.
(vii)
The annual estimated effective tax rate used above excludes discrete items as they do not impact taxable income. This rate differs from the period-to-date effective tax rate used on our condense consolidated statements of operations which includes the discrete items.
RECONCILIATION OF TOTAL DEBT, NET TO NET DEBT AND NET LEVERAGE (Unaudited)
($ in thousands)
September 30,
2026
December 31,
2025
Total debt, net
$ 1,032,562
$ 1,028,045
Original issue discounts
1,948
2,193
Unamortized deferred financing costs
5,810
6,844
Total debt, excluding original issue discounts and unamortized deferred financing
costs
1,040,320
1,037,082
Cash and cash equivalents
(136,972)
(65,272)
Net Debt
$ 903,348
$ 971,810
Net Leverage
2.2x
2.3x
Trailing twelve months adjusted EBITDA (i)
402,415
415,905
(i)
Trailing Twelve Months or "TTM" refers to the trailing four quarters and is calculated by adding the sum of the current quarter's and the prior three quarters' being measured.
QUARTERLY RESULTS AND RECONCILIATION OF NET INCOME (LOSS) TO ADJUSTED
EBITDA
(Unaudited)
($ in millions)
Q1 2025
Q2 2025
Q3 2025
Q4 2025
TTM
2025
Q1 2026
Q2 2026
Q3 2026
TTM
2026
Net income (loss)
$ 32.3
$ 38.6
$ 46.8
$ 18.9
$ 136.6
$ 26.7
$ (48.2)
$ 40.4
$ 37.8
Interest expense, net
16.6
16.6
16.4
15.0
64.6
15.4
15.5
15.0
60.9
Income tax provision
12.5
14.0
17.8
14.0
58.3
13.7
6.0
14.9
48.6
Depreciation and amortization
27.6
29.1
28.6
28.9
114.2
29.3
28.5
26.2
112.9
EBITDA
89.0
98.3
109.6
76.8
373.7
85.1
1.8
96.5
260.2
Transaction and other related
expenses (i)
—
1.1
—
6.3
7.4
—
—
0.1
6.4
Transformation expenses (ii)
—
(1.4)
0.2
10.3
9.1
4.2
3.2
5.7
23.4
Legal accrual/settlement (iii)
—
—
(1.5)
—
(1.5)
(10.3)
1.1
0.8
(8.4)
Goodwill impairment (iv)
—
—
—
—
—
—
64.0
—
64.0
Impairment of intangible assets (v)
—
—
—
—
—
—
40.4
—
40.4
Loss on extinguishment of debt
—
—
—
1.3
1.3
—
—
—
1.3
Tax receivable agreement
liability adjustment
—
—
—
0.7
0.7
—
—
—
0.7
Stock-based compensation (vi)
6.4
7.3
5.0
6.5
25.2
7.0
0.1
0.8
14.4
Adjusted EBITDA
$ 95.4
$ 105.3
$ 113.3
$ 101.9
$ 415.9
$ 86.0
$ 110.6
$ 103.9
$ 402.4
(i)
Transaction and other related expenses for the periods presented primarily related to deal costs incurred for potential acquisitions and debt modification costs related to the 2025 refinancing on our first lien term loan
(ii)
Transformation expenses for the 2026 periods consist of severance and other employee separation costs. Transformation expenses for the periods in 2025 primarily consist of expenses related to exit activities initiated during the fourth quarter in addition to a non-cash benefit in relation to a building lease for the full year.
(iii)
For the 2026 periods, this relates to a legal settlement finalized in the first quarter of 2026 in the form of cash and equity securities, adjustments related to the equity securities to remeasure to fair value at the end of the reporting periods, and directly associated legal costs incurred. For the periods in 2025 this item relates to adjustments to loss contingencies.
(iv)
This relates to the non-cash impairment of goodwill in our Parking Solutions segment further discussed above.
(v)
This relates to the non-cash impairment of intangible assets in our Parking Solutions segment further discussed above.
(vi)
Stock-based compensation represents the non-cash charge related to the issuance of awards under the Verra Mobility Corporation Amended and Restated 2018 Equity Incentive Plan.
Investor Relations Contact
Mark Zindler
[email protected]
VERRA MOBILITY CORP (VRRM - Free Report) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.37 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +38.46%. A quarter ago, it was expected that this company would post earnings of $0.33 per share when it actually produced earnings of $0.38, delivering a surprise of +15.15%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Verra Mobility, which belongs to the Zacks Internet - Software industry, posted revenues of $258.88 million for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 8.42%. This compares to year-ago revenues of $261.94 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Verra Mobility shares have lost about 85.1% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for Verra Mobility?While Verra Mobility 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 Verra Mobility was unfavorable. 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 #4 (Sell) for the stock. So, the shares are expected to underperform 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 $0.25 on $235.08 million in revenues for the coming quarter and $1.13 on $961.03 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Software is currently in the top 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Sportradar Group AG (SRAD - Free Report) , is yet to report results for the quarter ended September 2026. The results are expected to be released on November 3.
This company is expected to post quarterly earnings of $0.09 per share in its upcoming report, which represents a year-over-year change of +12.5%. The consensus EPS estimate for the quarter has been revised 7.1% lower over the last 30 days to the current level.
Sportradar Group AG's revenues are expected to be $403.9 million, up 18.3% from the year-ago quarter.
Axon Enterprise maintains a dominant position in the public safety market through its integrated hardware and software ecosystem. Datadog provides a critical AI-powered observability platform that thousands of global enterprises rely on for cloud infrastructure health.
NEW YORK--(BUSINESS WIRE)--Super Age, the longevity media company, today announced a collaboration between World of Hyatt, Hyatt's loyalty program, and the Super Age Games, a live longevity fitness competition testing the eight markers of healthspan. The collaboration brings Hyatt's hospitality together with Super Age's science-backed longevity fitness training platform, The Super Age Standard, to help travelers stay on track before, during, and after their trip to the Games. The collaboration.
Home Depot Stock Keeps Falling—Analysts Say the Upside Is Still ThereFloor & Decor NYSE: FND reported fiscal third-quarter earnings growth as the specialty flooring retailer managed costs and expanded its professional customer business despite continued pressure on demand for large discretionary home-improvement projects.
Diluted earnings per share rose 15% year over year to $0.61, including an approximately $0.02-per-share benefit from a lower tax rate, Chief Executive Officer Brad Paulsen said. Excluding that benefit, earnings per share increased 11%, which Paulsen attributed to expense discipline and operational execution.
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Why Warren Buffett Is Selling: A Look at His Latest Market MovesTotal sales increased 3% to $1.21 billion, while comparable-store sales declined 1.4%. The comparable-sales decline improved from a 2.1% decline in the second quarter and a 3.7% decline in the first quarter. Comparable sales fell 2.3% in July and 2.6% in August before increasing 0.4% in September, Floor & Decor’s first month of positive comparable-sales growth since January 2026.
Pro Business and Category Trends
The company said its sales to professional customers accelerated during the quarter, with Pro sales rising 9% in September, the strongest monthly growth rate of the year. Pro penetration reached 55% of quarterly sales, compared with about 50% a year earlier.
Retail Sector Comeback Plays: SPDR S&P Retail ETF, FND, and SHAK Paulsen said Floor & Decor is seeking to deepen relationships with existing professional customers through stronger sales capabilities, quote generation, closing rates, inventory availability and store expansion. The company recently began piloting a Pro Digital Loyalty program in select markets and remains on track for a broader launch in the first quarter of 2027.
Comparable average ticket increased 1.6%, accelerating from 0.8% growth in the second quarter, while comparable transactions declined 2.9%. The transaction decline was unchanged from the second quarter but improved from a 5.5% decline in the first quarter.
Among merchandise categories, tile sales grew 5% year over year and represented about 23% of sales. Installation materials, also representing 22% of sales, grew 10%. Paulsen said the company believes it is gaining share in tile and installation materials, particularly through its efforts to serve professionals with a “supply house mentality.”
Laminate and vinyl flooring sales remained under pressure but improved sequentially. Chief Financial Officer Bryan Langley said total laminate and vinyl sales declined 10.4% in the first quarter, 4.6% in the second quarter and 3% in the third quarter. Management said it has used special buys, new everyday products and targeted pricing to improve the category’s value proposition.
Margins, Cash Flow and Share Repurchases
Gross profit increased 3.8% to $19.4 million, while gross margin expanded 30 basis points to 43.7%. Langley said the increase was primarily driven by the recognition of IEEPA tariff refunds as affected inventory was sold. Higher supply-chain costs, including diesel fuel prices that were about 70% above the prior-year period, partially offset the benefit and represented an approximately 100-basis-point gross-margin headwind.
The company recognized approximately $14 million of tariff-refund benefits during the third quarter and expects the remaining approximately $8 million to flow through during the fourth quarter.
SG&A expenses rose 3% to $13.4 million, driven primarily by new store openings. SG&A as a percentage of sales was flat year over year at 37.3%. Langley said comparable-store SG&A declined by $7.9 million during the quarter, while the company has removed nearly $100 million in comparable-store costs since the fourth quarter of 2023.
For the first 39 weeks of fiscal 2026, operating cash flow totaled $485.3 million, compared with $257.8 million a year earlier. Floor & Decor ended the quarter with $1 billion in unrestricted liquidity, including $392.5 million of cash and cash equivalents and $641.3 million available under its asset-based lending facility.
The company repurchased 1.8 million shares for $91.4 million during the third quarter. Through the first three quarters, it repurchased 3.1 million shares for $157.1 million under its $400 million authorization, leaving $242.9 million available.
Store Growth Moderated for 2027
Floor & Decor opened 12 warehouse-format stores through the first three quarters of 2026 and plans to open eight more in the fourth quarter, bringing the full-year total to 20. However, management expects to moderate warehouse-store openings to 10 to 15 in 2027, citing subdued existing-home sales and a challenging flooring-demand backdrop.
Paulsen said the decision is a matter of pacing rather than a change in the company’s long-term goal of operating 500 warehouse stores in the U.S. The company will continue to prioritize tier-one and tier-two markets, including smaller-format stores of roughly 55,000 to 65,000 square feet.
“We believe this is temporary and not a reflection of the new run rate around new store openings,” Paulsen said during the question-and-answer session.
Mature stores, defined as locations at least five years old, are producing about $20 million in annual sales on average and roughly 23% EBITDA margins, Langley said. Those volumes remain below historical peak levels of approximately $26 million to $28 million.
Outlook Reflects Continued Demand Pressure
Management said demand remains constrained by elevated mortgage rates, weak existing-home sales, higher energy costs and cautious consumer spending. Fourth-quarter-to-date comparable-store sales were down approximately 3.8%.
For fiscal 2026, Floor & Decor expects:
Sales of $4.765 billion to $4.835 billion, up 2% to 3% from fiscal 2025.
Comparable-store sales to decline 3.5% to 2.0%.
Adjusted gross margin of approximately 43.6%.
Adjusted EBITDA of $535 million to $550 million.
Adjusted diluted earnings per share of $1.88 to $1.98.
Capital expenditures of $235 million to $250 million.
The company’s fiscal year includes a 53rd week, which it expects will contribute approximately $65 million in sales, $11 million in adjusted EBITDA and $0.08 in adjusted diluted earnings per share.
Floor & Decor also announced board changes. Norman Axelrod will not stand for reelection at the company’s 2027 annual meeting. Effective Jan. 1, 2027, Tom Taylor will move from executive chair to chair of the board. Lauren Taylor Wolfe will join the board as an independent director effective Feb. 1, 2027.
About Floor & Decor (NYSE:FND)Floor & Decor Holdings, Inc is a specialty retailer focused on hard-surface flooring and related products. The company offers a broad selection of tile, natural stone, wood, laminate and vinyl flooring, along with installation materials, tools, accessories and home-decor items.
Floor & Decor serves homeowners, professional installers, designers, remodelers and commercial customers through warehouse-format stores, smaller design studios and its e-commerce platform. Its stores are designed to provide a wide product assortment for renovation and construction projects, while also offering services such as design support and product fulfillment.
Founded in 2000 and headquartered in Atlanta, Georgia, Floor & Decor operates primarily in the United States.
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Gold and silver are approaching critical support levels, and I believe the final shakeout is underway.
The current correction closely resembles the 2022 midterm election pattern, when gold established a major bottom just days before voters went to the polls. With sentiment extremely bearish and next week’s elections approaching, a significant turning point could be near.
Gold’s 2022 Pattern: Gold is following a remarkably similar correction to 2022, suggesting a major bottom could form within days. Metals and Miners: Gold, silver, and mining stocks are approaching critical support levels that could mark the end of the correction. Election Wild Card: Next week’s election results could trigger an immediate reversal or extend the selloff into December, potentially pushing gold toward $3,500. Gold 2022 vs. 2026 Gold experienced a similar correction in 2022, which was also a midterm election year. Prices peaked in the first quarter, established an initial low in July, rallied into August, and then formed a final bottom just days before the November elections. The current setup closely resembles that pattern, suggesting gold could bottom any day now.
Gold futures trade near $3,919, with the chart highlighting similarities between the 2022 and 2026 corrections and a projected recovery toward $10,000. WTIC Crude oil remains a wild card as we enter November. A sustained breakout above $105 could trigger a rapid advance toward $120. If Republicans lose big on November 3, Trump could take an aggressive stance toward Iran. This is purely speculation, but it’s a geopolitical risk worth keeping on the radar.
WTI crude oil trades at $104.18, testing descending resistance near $105. The chart highlights a potential move toward $120 on a breakout, with ascending support near $95. Gold Gold is approaching critical support near $3,950, and I believe a bottom could form any day, similar to what we saw in 2022. However, if Democrats sweep both the House and Senate next week, a broader equity selloff could drag gold below $3,800. Under that scenario, I would shift my focus to a potential bottom around the December 9 Fed announcement.
In short, price action surrounding next week’s elections should help determine whether gold establishes an immediate bottom or extends its correction for another month.
Gold trades at $3,919.61, slipping below the $3,950 support level after a prolonged decline from its February peak near $5,608. Silver Silver is trading within a falling wedge pattern and is currently retesting its lower trendline. With prices approaching this critical support, a bottom could be imminent.
Silver trades at $49.41, approaching the lower trendline of a falling wedge after declining from its February peak near $121.64. Silver Monthly The monthly chart also points to the potential for a backtest of the breakout area near $49.50.
Silver trades at $49.41, retesting the $49.50 breakout area after retreating from its peak at $121.64. The monthly chart highlights this historical price level and a long-term rounded recovery pattern. Platinum Platinum is breaking below $1,500, raising the possibility of a further decline toward support at the lower trendline.
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Platinum trades at $1,424.40 after breaking below $1,500, extending its decline from the $2,880.40 peak toward the lower descending trendline. GDX Miners have surrendered most of their August gains, with prices approaching the final gap support near $76.00. I expect miners to outperform gold going forward, and establishing a bottom above the July low would strengthen that outlook.
GDX trades at $77.46 after retreating from its August peak near $105.67, approaching horizontal support at $76. The chart also highlights the July low near $69.74. GDXJ Junior miners have retraced nearly all of their August gains and are approaching final gap support near $92.50, a key level to watch for a potential bottom.
GDXJ trades at $95.65 after retreating from its August peak near $136.25, approaching horizontal support at $92.50. The chart also highlights the recent low near $97.34. SILJ Silver juniors need consecutive closes below $23.00 to confirm a breakdown toward $20.00. Conversely, a close back above $24.00 next week would signal a potential bottom.
SILJ trades at $22.63 after declining from its August peak near $33.58, approaching the $20 support level. The chart also highlights the recent low at $22.68 and resistance near $24. NEM Newmont remains the market leader, and I expect it to be among the first miners to confirm a durable bottom. I’ll be watching for sustained closes above the downtrend line as an early indication that a meaningful reversal is underway.
Newmont trades at $106.82 after retreating from its August peak near $135.01. The chart highlights a descending resistance trendline and a recent low at $106.96. S&P 500 In my view, the stock market remains vulnerable to a sharp post-election selloff, particularly if Democrats sweep both the House and Senate next week. A break below 7,500 could trigger accelerated selling, potentially dragging metals and miners lower into December.
The S&P 500 trades at 7,631.49 after retreating from its October peak near 7,844.52. The chart highlights horizontal support at 7,500 and a recent low near 7,612.07. Bitcoin Bitcoin is rolling over, and consecutive closes below $75,000 would confirm a breakdown and open the door to fresh lows in Q4. In my view, this bearish scenario would likely require a sharp post-election stock market selloff.
Bitcoin trades near $77,004 after retreating from its September high of $87,300. The chart highlights critical support at $75,000, with RSI weakening and MACD turning negative. Conclusion Sentiment toward metals and miners is extremely bearish, suggesting prices may be approaching a significant bottom. If prices stabilize and begin to strengthen following next week’s elections, it could signal that the lows are in place and a new uptrend is beginning.
However, if gold breaks below $3,800 after the elections, the correction could extend toward $3,500, with a potential bottom forming around the December 9 Fed decision.
For more price predictions and daily market commentary, consider subscribing at www.GoldPredict.com.
AG Thorson is a registered CMT and expert in technical analysis. He believes we are in the final stages of a global debt super-cycle that will begin to unravel in 2020.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Fluence Energy To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Fluence Energy between November 24, 2025 and September 16, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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New York, New York--(Newsfile Corp. - October 30, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Fluence Energy, Inc. (""Fluence Energy" or the "Company") (NASDAQ: FLNC) and reminds investors of the November 30, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) that the Company's ability to deliver its backlog and recognize the revenue underlying its fiscal 2026 guidance depended on new contract manufacturing facilities, including facilities that were not completed, not operational, and/or not capable of producing at the volumes the guidance assumed; (2) that the corrective measures the Company had implemented to address production problems at its contract manufacturers were not remediating those problems, which persisted and extended to the Company's new facilities; (3) as a result, a material portion of the backlog that Defendants represented as "securing" or "covering" the Company's fiscal 2026 revenue guidance were likely to be delivered and recognized in fiscal 2026; and (4) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
On February 4, 2026, after the market closed, the Company reported first quarter 2026 financial results, including a GAAP gross profit margin of approximately 4.9%, a 6.5 percentage point decline year over year, due to "additional estimated costs on two projects." On this news Fluence Energy's stock price fell $10.04, or 34.63%, to close at $18.95 per share on February 5, 2026, on unusually heavy trading volume.
On August 5, 2026, after the market closed, Fluence Energy announced third quarter financial results, including that revenue was "weaker than expected, primarily reflecting production delays at new contract manufacturing facilities," and that it "now expects that $400.0 million in project deliveries will be delayed into fiscal 2027 due to production issues at a new international contract manufacturing facility and construction related delays that affected the completion and start-up of a new U.S. contract manufacturing facility." On this news Fluence Energy's stock price fell $1.02, or 7.17%, to close at $13.21 per share on August 6, 2026, on unusually heavy trading volume.
On September 16, 2026, after the market closed, Fluence Energy announced a mid-quarter guidance update, revealing that the Company was cutting its full year revenue guide by approximately $0.6 billion, to $2.4 billion, and dramatically cut its full year adjusted EBITDA guide from negative $10 million to negative $200 million, attributing the revision to ongoing "delays in the ramp-up of our contract manufacturing facility." On this news Fluence Energy's stock price fell $1.39, or 15.36%, to close at $7.66 per share on September 17, 2026, on unusually heavy trading volume.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Fluence Energy's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Fluence Energy class action, go to www.faruqilaw.com/FLNC or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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Frequently Asked Questions (FAQ) for Investors Regarding the Fluence Energy Securities Class Action Lawsuit:
What is the Fluence Energy securities fraud lawsuit about?
The lawsuit alleges that Fluence Energy, Inc. (NASDAQ: FLNC) misled investors about its ability to meet fiscal 2026 revenue guidance. The complaint claims production and manufacturing delays undermined the company's projections, leading to revenue shortfalls, guidance cuts, and declines in Fluence Energy's stock price.
Who may be eligible to participate in the lawsuit?
Investors who purchased or acquired Fluence Energy (NASDAQ: FLNC) securities between November 24, 2025 and September 16, 2026 may be eligible. Investors who suffered losses during the Class Period may potentially share in any recovery, even if they do not seek appointment as lead plaintiff.
What is a lead plaintiff, and how can I seek appointment?
A lead plaintiff is a court-appointed investor who represents the class and helps oversee the litigation. Fluence Energy investors who purchased shares during the Class Period and suffered losses may seek appointment as lead plaintiff by November 30, 2026. Investors do not need to serve as lead plaintiff to participate in any potential recovery.
Why should investors contact Faruqi & Faruqi, LLP?
Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Fluence Energy securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/321597
Source: Faruqi & Faruqi LLP
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LOS ANGELES, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Schall, Brown & Schwartz LLP (“SBS”), a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Fluence Energy, Inc. (“Fluence” or “the Company”) (NASDAQ: FLNC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of FLNC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: November 24, 2025 to September 16, 2026
DEADLINE: November 30, 2026
If you are a shareholder who suffered a loss, click here to participate.
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Fluence would require new contract manufacturing facilities to achieve its fiscal 2026 guidance, including facilities that were not yet operational. The Company’s corrective plan failed to address its issues with contract manufacturers. The Company was unlikely to recognize revenue on the impacted portions of its backlog in fiscal year 2026. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Fluence, investors suffered damages.
We also encourage you to contact Brian Schall or David Schwartz of Schall, Brown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
Join the case to recover your losses
WHY SBS? Schall, Brown & Schwartz LLP represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. Bringing together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is dedicated to aggressively advocating for every investor.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
Schall, Brown & Schwartz LLP
Brian Schall, Esq.,
Andrew Brown, Esq.,
David Schwartz, Esq.,
www.schallfirm.com
Office: 310-301-3335 [email protected]
Wall Street analysts forecast that Cencora (COR - Free Report) will report quarterly earnings of $4.55 per share in its upcoming release, pointing to a year-over-year increase of 18.5%. It is anticipated that revenues will amount to $88.16 billion, exhibiting an increase of 5.3% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has undergone a downward revision of 3.6% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
In light of this perspective, let's dive into the average estimates of certain Cencora metrics that are commonly tracked and forecasted by Wall Street analysts.
The collective assessment of analysts points to an estimated 'Revenue- Total U.S. Healthcare Solutions' of $78.26 billion. The estimate suggests a change of +3.3% year over year.
Based on the collective assessment of analysts, 'Revenue- Total International Healthcare Solutions' should arrive at $7.75 billion. The estimate indicates a change of -2.5% from the prior-year quarter.
Analysts forecast 'Operating income- International Healthcare Solutions' to reach $157.49 million. The estimate is in contrast to the year-ago figure of $150.66 million.
Analysts predict that the 'Operating income- U.S. Healthcare Solutions' will reach $992.82 million. Compared to the current estimate, the company reported $872.41 million in the same quarter of the previous year.
View all Key Company Metrics for Cencora here>>>
Over the past month, Cencora shares have recorded returns of +6.7% versus the Zacks S&P 500 composite's +0.7% change. Based on its Zacks Rank #4 (Sell), COR will likely underperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Key Takeaways Comfort Systems emerges as the better HVAC buy, backed by stronger growth, backlog momentum and valuation.FIX's $17.81B backlog surged 90% year over year, fueled by data center demand and modular construction.FIX trades at 23.24X forward earnings versus TT's 24.91X, with faster projected EPS growth in 2027.
Comfort Systems USA, Inc. (FIX - Free Report) and Trane Technologies plc (TT - Free Report) are capitalizing on rising demand for advanced heating, ventilation and air conditioning (HVAC) solutions, supported by expanding data center investments, energy-efficiency initiatives and commercial infrastructure development. Both companies are strengthening their capabilities to address increasingly complex cooling and building requirements.
While Comfort Systems specializes in mechanical and electrical contracting, modular construction and mission-critical infrastructure, Trane focuses on energy-efficient HVAC equipment, intelligent building controls, thermal management and aftermarket services. Both compete in an evolving industry alongside Carrier Global Corporation (CARR - Free Report) and Johnson Controls International plc (JCI - Free Report) .
With artificial intelligence (AI)-driven infrastructure investments accelerating, comparing their growth prospects, operational strengths, valuations and earnings expectations has become particularly relevant.
With both companies having recently reported their third-quarter 2026 results, let's compare their growth drivers, financial outlooks and valuations to determine which stock offers better upside potential.
The Case for Comfort Systems StockComfort Systems is benefiting from robust demand for mission-critical infrastructure, particularly data centers, semiconductor facilities and other technology-intensive projects. Its integrated mechanical and electrical capabilities, modular construction expertise and expanding geographic presence position it favorably to capitalize on rising infrastructure spending. (Read more: Comfort Systems Q3 Earnings & Revenues Beat Estimates, Backlog Surges).
A major growth catalyst is its expanding modular construction business, which enables faster project delivery, improved productivity and greater execution efficiency. Management expects modular capacity to exceed 4 million square feet by year-end 2026 and approach 6 million square feet by year-end 2027. Growing commitments from established technology customers provide visibility into future utilization.
Comfort Systems' record backlog of $17.81 billion at September-end 2026, up approximately 90% year over year, strengthens revenue visibility. Management anticipates same-store revenue growth in the mid-20% range in 2027, supported by sustained demand and project execution.
Acquisitions are another important growth driver, expanding electrical capabilities, regional reach and customer relationships. Strong operating cash generation provides flexibility for capacity investments and strategic expansion.
However, increasing exposure to large technology projects introduces customer concentration and spending-cycle risks. Labor shortages, execution complexity, rising capital requirements and fluctuating project mix could pressure profitability. Rapid capacity expansion also creates utilization risks if demand moderates.
Unlike equipment-focused competitors such as Carrier Global and Johnson Controls, Comfort Systems faces substantial labor-intensive construction execution risks. Nevertheless, its accelerating backlog and strong customer commitments support favorable growth prospects.
The Case for Trane StockTrane is benefiting from structural demand for energy-efficient HVAC systems, building electrification, digital controls and sophisticated commercial cooling solutions. Its diversified portfolio across commercial HVAC, residential systems, transport refrigeration and services provides multiple growth opportunities (Read more: Trane Technologies' Q3 Earnings Beat on Strong Commercial HVAC Demand).
Commercial HVAC remains a major strength, supported by data center development and modernization of existing buildings. Global applied HVAC bookings increased more than 40% in the third quarter of 2026, contributing to a $12.5 billion backlog, up 73% year over year.
Trane's service business, representing approximately one-third of revenues, provides recurring income and reduces dependence on equipment replacement cycles. Connected systems, advanced controls and energy-management solutions further strengthen customer relationships.
Management raised its 2026 organic revenue growth outlook to approximately 11% while reaffirming adjusted earnings per share (EPS) guidance of $15.20-$15.30. Strong cash generation, disciplined acquisitions and shareholder returns reinforce its financial position.
However, supply-chain constraints, inflationary pressures and elevated reinvestment have weighed on operating leverage. Trane reduced its expected organic leverage to the low-20% range from more than 25%. Weakness in China, geopolitical disruptions in the Middle East and uneven transport refrigeration demand remain concerns.
Competition from Carrier Global and Johnson Controls also intensifies pressure to innovate and maintain pricing discipline. Carrier Global is expanding its data center cooling capabilities, while Johnson Controls is strengthening integrated thermal-management solutions. Both Carrier Global and Johnson Controls compete for large commercial projects, potentially challenging Trane's market share and margins.
FIX Leads TT in Share Price PerformanceComfort Systems shares have surged 42.1% year to date, significantly outperforming Trane's 10.8% gain and the Zacks S&P 500 Composite's 12.4% increase.
FIX's stronger performance reflects investor confidence in its expanding backlog, earnings momentum and growing data center exposure. Trane's relatively modest appreciation suggests a more measured market response to its operational progress.
FIX vs TT Price Performance (YTD)
Image Source: Zacks Investment Research
FIX Offers a More Attractive ValuationOn a forward 12-month price-to-earnings (P/E) basis, Comfort Systems trades at 23.24X, below Trane's 24.91X. Despite stronger earnings growth expectations, Comfort Systems trades at a discount to Trane, suggesting a more attractive growth-adjusted valuation. Although Trane's recurring service revenues and diversified operations support its premium, FIX offers a compelling combination of faster growth and lower valuation.
FIX vs TT Valuation (P/E F12M)
Image Source: Zacks Investment Research
Earnings Estimate Revisions Favor FIXThe Zacks Consensus Estimate for Comfort Systems' 2026 EPS has increased from $48.35 to $49.72 over the past seven days, while the 2027 estimate has climbed from $58.85 to $65.30. These estimates indicate EPS growth of 72.2% in 2026 and 31.3% in 2027, accompanied by revenue growth of 48.6% and 23.6%, respectively.
FIX’s EPS Estimate
Image Source: Zacks Investment Research
For Trane, the consensus estimate for EPS has edged up from $15.31 to $15.32 for 2026 and from $17.56 to $17.71 for 2027 over the past 30 days. Earnings are expected to grow 17.3% in 2026 and 15.7% in 2027, while revenues are projected to increase 11.2% and 9.7%, respectively.
Comfort Systems' sharper upward estimate revisions and superior projected growth provide a distinct advantage over Trane.
TT’s EPS Estimate
Image Source: Zacks Investment Research
FIX or TT: Which Stock Has Better Upside Potential?Both companies offer exposure to favorable HVAC industry trends. Trane benefits from diversified operations, recurring service revenues and energy-efficiency innovation, while Comfort Systems enjoys exceptional demand for data center infrastructure, modular construction and electrical contracting. Trane currently carries a Zacks Rank #3 (Hold).
Comfort Systems — currently carrying a Zacks Rank #1 (Strong Buy) — appears to be the better buy, supported by stronger backlog momentum, faster projected earnings growth, more substantial positive estimate revisions and a comparatively attractive valuation. Its robust stock performance further reinforces investor confidence. You can see the complete list of today’s Zacks #1 Rank stocks here.
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What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.82% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Encompass Health (EHC - Free Report) Encompass Health Corporation is a provider of integrated healthcare services. It offers facility-based patient care through its network of inpatient rehabilitation hospitals. Through its extensive network of 173 hospitals across 39 states and Puerto Rico as of Dec. 31 2025, the company delivers high-quality, cost-effective, integrated care in the healthcare space. It provides a continuum of facility-based care for its patients and their families, which will gain more prevalence as coordinated care and integrated delivery payment models, such as accountable care organizations and bundled payment arrangements.
EHC is a #2 (Buy) on the Zacks Rank, with a VGM Score of A.
It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 21.54; value investors should take notice.
For fiscal 2026, one analyst revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.03 to $6.11 per share. EHC boasts an average earnings surprise of +8.5%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, EHC should be on investors' short list.
RBC Bearings (RBC - Free Report) came out with quarterly earnings of $3.74 per share, beating the Zacks Consensus Estimate of $3.55 per share. This compares to earnings of $2.88 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +5.35%. A quarter ago, it was expected that this maker of bearings and components would post earnings of $3.42 per share when it actually produced earnings of $3.88, delivering a surprise of +13.45%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
RBC Bearings, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $524.6 million for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 1.63%. This compares to year-ago revenues of $455.3 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.
RBC Bearings shares have added about 10.6% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for RBC Bearings?While RBC Bearings 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 RBC Bearings was unfavorable. 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 #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $3.67 on $524.96 million in revenues for the coming quarter and $14.80 on $2.14 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, Manufacturing - General Industrial is currently in the bottom 36% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Parker-Hannifin (PH - Free Report) , is yet to report results for the quarter ended September 2026. The results are expected to be released on November 5.
This maker of motion and control products is expected to post quarterly earnings of $8.23 per share in its upcoming report, which represents a year-over-year change of +14%. The consensus EPS estimate for the quarter has been revised 0.6% higher over the last 30 days to the current level.
Parker-Hannifin's revenues are expected to be $5.82 billion, up 14.5% from the year-ago quarter.
Analysts on Wall Street project that Edwards Lifesciences (EW - Free Report) will announce quarterly earnings of $0.73 per share in its forthcoming report, representing an increase of 9% year over year. Revenues are projected to reach $1.68 billion, increasing 8% from the same quarter last year.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Edwards Lifesciences metrics that are routinely monitored and predicted by Wall Street analysts.
Based on the collective assessment of analysts, 'Net Sales by Product Group- Transcatheter Mitral and Tricuspid Therapies' should arrive at $195.98 million. The estimate indicates a year-over-year change of +35%.
Analysts' assessment points toward 'Net Sales by Product Group- Surgical Structural Heart' reaching $267.05 million. The estimate indicates a change of +3.5% from the prior-year quarter.
According to the collective judgment of analysts, 'Net Sales by Product Group- Transcatheter Aortic Valve Replacement' should come in at $1.21 billion. The estimate indicates a change of +5.1% from the prior-year quarter.
View all Key Company Metrics for Edwards Lifesciences here>>>
Over the past month, shares of Edwards Lifesciences have returned +10.9% versus the Zacks S&P 500 composite's +0.7% change. Currently, EW carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
On its third-quarter 2026 earnings call, held on Oct. 22, 2026, Pinnacle Financial (PNFP +0.12%) highlighted that banker retention and market share growth are accelerating following its merger. Sustaining high talent retention through a major bank integration protects client relationships and long-term earnings power.
Three key takeaways stand out for long-term investors.
1. Banker Retention Remains Exceptionally High During IntegrationHigh turnover typically plagues bank mergers, but revenue-producing bankers aren't leaving. Keeping key producers preserves core client relationships and fuels loan growth across its geographic footprint.
Producer retention, excluding merger-related synergies, is 95% year to date. That is better than our historical years, and we posted it in the middle of a merger. It says a lot about the underlying model.
-- Kevin Blair, President and Chief Executive Officer2. Client Attrition Declines as Deposit Growth Outpaces PeersClient retention improved over the prior year rather than degrading during platform integration. Core non-certificate of deposit (non-CD) account closures decreased in both total dollar volume and overall account numbers.
Non-CD deposit account closures are down in 2026 versus 2025 in both dollars and number of accounts. When a bank of our size goes through a combination, you expect some clients to head for the door. Fewer are leaving this year than last.
-- Kevin Blair, President and Chief Executive Officer3. Artificial Intelligence Accelerates System Integration and Cuts Operational RiskAutomating test scripts using artificial intelligence (AI) speeds up system conversion tasks while reducing potential errors. This strategy keeps the operational migration on track for March 2027 without risking client service disruptions.
Across the 838 test scripts completed to date, we estimate AI handled close to 80% of the scripting and cut the time required by roughly 70%.
-- Kevin Blair, President and Chief Executive OfficerLooking AheadLoan growth and fee income momentum are lifting net interest margin (NIM, the difference between interest earned on assets and interest paid on deposits) expectations for the fourth quarter. Pinnacle Financial relies on its relationship-centric hiring, strong core deposit franchise, and strict pricing discipline to expand market share while building capital ratios. Management is keeping close watch on credit quality and deposit costs as full platform conversion approaches.
Rate movements to date should benefit us modestly from here, and we expect the margin to slightly expand in the fourth quarter.
-- Jamie Gregory, Chief Financial OfficerExecution across integration milestones continues to eliminate operational uncertainties ahead of the planned March 2027 brand and systems conversion.
The things that go wrong in a merger this size, losing bankers, losing clients, losing credit discipline, have each had three quarters to show up. None of them has.
-- Kevin Blair, President and Chief Executive OfficerThe Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Papa John's To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Papa Johns between August 7, 2025 and August 5, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
New York, New York--(Newsfile Corp. - October 30, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Papa John's International Inc. ("Papa Johns" or the "Company") (NASDAQ: PZZA) and reminds investors of the November 2, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that the true state of Papa Johns' transformation; notably, that it was "taking longer than expected," and ultimately was unable to prevent further market share losses. Papa Johns ultimately required a significant shift in strategy toward a sharp increase in promotional efforts to abate the Company's declining competitive position.
On August 6, 2026, Papa Johns announced an 8.3% decrease in North American comparable sales, the suspension of its dividend, and a sharp reduction in its 2026 outlook from a 3% decline in North American comparable sales at the midpoint to a 7% annual decline. The Company attributed its strategic shift and guidance reset on the soft consumer trends and the execution of Papa Johns' own turnaround efforts, admitting they were unable to "meet the consumer as much as [they] should have," and the rebuilt innovation pipeline was "not bringing in as many new customers" as had been expected.
On this news, the price of Papa Johns' common stock declined dramatically. From a closing market price of $29.75 per share on August 5, 2026, Papa Johns' stock price fell to $24.64 per share on August 6, 2026, a decline of about 17.18% in the span of just a single day.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Papa Johns' conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about Papa John's International Inc. class action, go to www.faruqilaw.com/PZZA or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Frequently Asked Questions (FAQ) for Investors Regarding the Papa Johns Securities Class Action Lawsuit:
What is the Papa Johns securities fraud lawsuit about?
The lawsuit alleges Papa Johns misled investors about its transformation strategy, including delays in its turnaround, continued market share losses, and the need for increased promotions to address its declining competitive position.
Who may be eligible to participate in the lawsuit?
Investors who purchased or acquired Papa John's International (NASDAQ: PZZA) securities between August 7, 2025 and August 5, 2026 may be eligible if they suffered losses.
What is a lead plaintiff, and how can I seek appointment?
A lead plaintiff represents the proposed class during the litigation. Eligible investors must file a motion with the court by November 2, 2026. Investors may participate without serving as lead plaintiff.
Why should investors contact Faruqi & Faruqi, LLP?
Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Papa Johns securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/321604
Source: Faruqi & Faruqi LLP
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Gates Industrial (GTES - Free Report) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +4.44%. A quarter ago, it was expected that this manufacturer of power transmission and fluid power systems would post earnings of $0.4 per share when it actually produced earnings of $0.44, delivering a surprise of +10%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Gates Industrial, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $903.6 million for the quarter ended September 2026, missing the Zacks Consensus Estimate by 0.03%. This compares to year-ago revenues of $855.7 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Gates Industrial shares have added about 22.3% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for Gates Industrial?While Gates Industrial 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 Gates Industrial 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 $0.44 on $919.27 million in revenues for the coming quarter and $1.68 on $3.61 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, Manufacturing - General Industrial is currently in the bottom 36% 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, Xometry (XMTR - Free Report) , has yet to report results for the quarter ended September 2026. The results are expected to be released on November 3.
This marketplace for on-demand manufacturing is expected to post quarterly earnings of $0.19 per share in its upcoming report, which represents a year-over-year change of +72.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Xometry's revenues are expected to be $235.82 million, up 30.5% from the year-ago quarter.
For the quarter ended September 2026, Gates Industrial (GTES - Free Report) reported revenue of $903.6 million, up 5.6% over the same period last year. EPS came in at $0.47, compared to $0.39 in the year-ago quarter.
The reported revenue represents a surprise of -0.03% over the Zacks Consensus Estimate of $903.91 million. With the consensus EPS estimate being $0.45, the EPS surprise was +4.44%.
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 Gates Industrial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- Fluid Power: $343.5 million versus $341.12 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +6.5% change.Net Sales- Power Transmission: $560.1 million versus $562.4 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +5% change.Adjusted EBITDA- Fluid Power: $78.3 million versus the three-analyst average estimate of $81.03 million.Adjusted EBITDA- Power Transmission: $137.1 million versus $132.93 million estimated by three analysts on average.View all Key Company Metrics for Gates Industrial here>>>
Shares of Gates Industrial have returned -0.9% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
Key Takeaways Five stocks passed a screen based on four efficiency ratios exceeding their industry averages.The screen narrowed more than 7,906 stocks to 16 using efficiency metrics and a favorable Zacks Rank.HCSG, KMX, HAS, FORM and MXL posted average four-quarter earnings surprises ranging from 11.1% to 70.8% A company’s efficiency level indicates how effectively it utilizes its resources, including labor, capital and assets, to generate revenues, maximize profitability and support business growth. It serves as an important measure of financial health and operational performance, highlighting how well a company manages its resources, controls costs and maintains its ability to generate consistent and sustainable profits over the long term. Companies with higher efficiency levels usually manage their operations better and generate stronger returns, making them more likely to deliver solid long-term stock performance.
However, at times, it becomes difficult to measure the efficiency level of a company. This is why one must consider the popular efficiency ratios listed below while selecting stocks.
The stocks of Healthcare Services Group (HCSG - Free Report) , CarMax (KMX - Free Report) , Hasbro (HAS - Free Report) , FormFactor (FORM - Free Report) and MaxLinear (MXL - Free Report) made it through the screening process.
These efficiency ratios are:
Receivables Turnover: This is the ratio of 12-month sales to four-quarter average receivables. It shows a company’s potential to extend its credit and collect debt in terms of that credit. A high receivables turnover ratio, or the “accounts receivable turnover ratio” or “debtor’s turnover ratio” is desirable as it shows that the company is capable of collecting its accounts receivables or that it has quality customers.
Asset Utilization: This ratio indicates a company’s capability to convert assets into output and is thus a widely known measure of efficiency level. It is calculated by dividing total sales over the past 12 months by the last four-quarter average of total assets. Like the above ratios, high asset utilization may indicate that a company is efficient.
Inventory Turnover: The ratio of the 12-month cost of goods sold (COGS) to a four-quarter average inventory is considered one of the most popular efficiency ratios. It indicates a company’s ability to maintain a suitable inventory position. While a high value indicates that the company has a relatively low level of inventory compared to COGS, a low value indicates that the company is facing declining sales, which has resulted in excess inventory.
Operating Margin: This efficiency measure is the ratio of operating income over the past 12 months to sales over the same period. It measures a company’s ability to control operating expenses. Hence, a high value of the ratio may indicate that the company manages its operating expenses more efficiently than its peers.
Screening CriteriaIn addition to the above-mentioned ratios, we have added a favorable Zacks Rank — Zacks Rank #1 (Strong Buy) — to the screen to make this strategy more profitable. You can see the complete list of today’s Zacks #1 Rank stocks here.
Inventory Turnover, Receivables Turnover, Asset Utilization, and Operating Margin greater than the industry average(Values of these ratios higher than industry averages may indicate that the efficiency level of the company is higher than its peers.)
The use of these few criteria narrowed down the universe of over 7,906 stocks to 16.
Here are the top five stocks that made it through the screen:
Healthcare Services Group
Healthcare Services Group provides housekeeping, laundry, linen, facility maintenance and food services to the health care industry, including nursing homes, retirement complexes, rehabilitation centers and hospitals. HCSG has an average four-quarter earnings surprise of 70.8%.
CarMax
CarMax is the largest retailer of used vehicles in the United States. KMX has an average four-quarter earnings surprise of 56%.
Hasbro
Hasbro designs, manufactures and markets games, toys and licensed products. HAS has an average four-quarter earnings surprise of 37.3%.
FormFactor
FormFactor is a provider of electrical and optical test and measurement technologies across the semiconductor product lifecycle, from characterization and design debug to qualification and production test. FORM has an average four-quarter earnings surprise of 27.8%.
MaxLinear
MaxLinear is a fabless semiconductor company that designs and markets high-performance communications system-on-chip solutions for broadband, wired and wireless infrastructure, data centers, and industrial and multi-market applications. MXL has an average four-quarter earnings surprise of 11.1%.
For the quarter ended September 2026, Howmet (HWM - Free Report) reported revenue of $2.7 billion, up 29.4% over the same period last year. EPS came in at $1.46, compared to $0.95 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $2.59 billion, representing a surprise of +4.37%. The company delivered an EPS surprise of +6.57%, with the consensus EPS estimate being $1.37.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
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 Howmet performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Total Sales- Engine Products: $1.45 billion versus $1.42 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +31.4% change.Total Sales- Forged Wheels: $327 million versus the two-analyst average estimate of $286.77 million. The reported number represents a year-over-year change of +32.4%.Total Sales- Engineered Structures: $308 million versus the two-analyst average estimate of $277.2 million. The reported number represents a year-over-year change of +5.8%.Total Sales- Fastening Systems: $630 million compared to the $599.84 million average estimate based on two analysts. The reported number represents a change of +40.6% year over year.Adjusted EBITDA- Engine Products: $567 million compared to the $534.75 million average estimate based on two analysts.Adjusted EBITDA- Forged Wheels: $86 million versus $80.3 million estimated by two analysts on average.Adjusted EBITDA- Engineered Structures: $70 million compared to the $65.84 million average estimate based on two analysts.Adjusted EBITDA- Fastening Systems: $185 million versus $181.45 million estimated by two analysts on average.View all Key Company Metrics for Howmet here>>>
Shares of Howmet have returned -9.8% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.
Blue Owl Capital delivered a stronger Q3 than its valuation implies, with fee-related earnings up 14% year-over-year. Some fee growth was driven by non-recurring deal fees; core business growth remains in the low single digits, with Credit platform flat. OWL trades at a significant discount to peers, at 11.7x DE and an 8.8% yield, with intrinsic value estimated at $12–$14 per share.
Společnost Reddit zveřejnila další velmi silné výsledky, které potvrdily rychlý růst reklamního byznysu, vysokou ziskovost i mimořádně silnou tvorbu hotovosti.
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Index Dow Jones -0,22 % na 52225,46 b.
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Přední americké akciové indexy se nacházejí pod tlakem kvůli rostoucím obavám z návratnosti investic do umělé inteligence. Negativní sentiment podpořily výsledky Amazonu (-2,4 %), které společnost zveřejnila včera po uzavření trhu. Její cloudová divize nenaplnila zvýšená očekávání investorů. Společnost zároveň vykázala záporný volný peněžní tok, a to v souvislosti s rozsáhlými investicemi do umělé inteligence. Zprávu k výsledkům připravujeme.
Z indexu S&P500 odepisují nejvíce akcie Intelu (-29 %). Investory zklamal především výhled, který je významně slabší, než trh očekával. Důvodem je zejména pokles poptávky po osobních počítačích a přetrvávající problémy v dodavatelském řetězci. Významně ztrácejí také akcie společnosti Reddit (-26 %), která vykázala nižší než očekávaný počet denních aktivních uživatelů a poskytla výhled výnosů na 4Q pod odhady trhu. Na opačné straně spektra jsou akcie Fedex Freight Holding (+15 %), která rovněž reportovala kvartální výsledky. Analytici kvitují především potenciál možného dalšího zlepšování provozní efektivity, růstu marží a ziskovosti.
Ztrácí také akcie společností navázaných na kryptoměny, a to po hackerském útoku na kryptoměnovou burzu Binance. Odhadovaný dopad útoku je 6,3 mld. USD.
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Church & Dwight (CHD - Free Report) came out with quarterly earnings of $0.92 per share, beating the Zacks Consensus Estimate of $0.9 per share. This compares to earnings of $0.81 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +2.22%. A quarter ago, it was expected that this maker of household and personal products would post earnings of $0.89 per share when it actually produced earnings of $0.89, delivering no surprise.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Church & Dwight, which belongs to the Zacks Consumer Products - Staples industry, posted revenues of $1.6 billion for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 1.13%. This compares to year-ago revenues of $1.59 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.
Church & Dwight shares have added about 26.4% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for Church & Dwight?While Church & Dwight 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 Church & Dwight 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 $1.03 on $1.65 billion in revenues for the coming quarter and $3.78 on $6.24 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Consumer Products - Staples is currently in the bottom 18% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Energizer Holdings (ENR - Free Report) , has yet to report results for the quarter ended September 2026.
This battery and personal care products company is expected to post quarterly earnings of $1.31 per share in its upcoming report, which represents a year-over-year change of +24.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Energizer Holdings' revenues are expected to be $813.31 million, down 2.3% from the year-ago quarter.
For the quarter ended September 2026, Church & Dwight (CHD - Free Report) reported revenue of $1.6 billion, up 1% over the same period last year. EPS came in at $0.92, compared to $0.81 in the year-ago quarter.
The reported revenue represents a surprise of +1.13% over the Zacks Consensus Estimate of $1.58 billion. With the consensus EPS estimate being $0.90, the EPS surprise was +2.22%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
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 Church & Dwight performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net sales - Organic impact - Specialty Products - YoY change: 5% versus the three-analyst average estimate of 3.2%.Net sales - Organic impact - Consolidated - YoY change: 5.1% versus the three-analyst average estimate of 3.2%.Net sales - Organic impact - Consumer International - YoY change: 7.8% versus 6.7% estimated by three analysts on average.Net sales - Organic impact - Consumer Domestic - YoY change: 4.4% compared to the 2.3% average estimate based on three analysts.Net sales- Total Consumer Net Sales: $1.52 billion compared to the $1.5 billion average estimate based on five analysts. The reported number represents a change of +0.8% year over year.Net sales- Consumer- Consumer Domestic: $1.23 billion versus $1.19 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +0.4% change.Net sales- Consumer- Consumer International: $297.4 million versus $307.14 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +2.5% change.Net sales- Specialty Products Division: $79.6 million versus the five-analyst average estimate of $78.08 million. The reported number represents a year-over-year change of +5%.Net sales- Consumer- Consumer Domestic- Household Products: $711.6 million versus $676.7 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +10% change.Net sales- Consumer- Consumer Domestic- Personal Care Products: $513.5 million versus the three-analyst average estimate of $522.34 million. The reported number represents a year-over-year change of -10.4%.View all Key Company Metrics for Church & Dwight here>>>
Shares of Church & Dwight have returned +12.6% over the past month versus the Zacks S&P 500 composite's +0.7% 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.
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.
It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.82% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Planet Fitness (PLNT - Free Report) Planet Fitness, Inc. is a fitness club franchisor and operator focused on the low-cost, high-volume segment of the gym industry. The company targets first-time and occasional gym users with a simple offering, extended operating hours and a “Judgement Free Zone” brand position. Clubs typically operate with a mix of cardio and strength equipment, standardized layouts and limited staffing to support a value price point.
PLNT is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 16.68; value investors should take notice.
Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.05 to $3.22 per share. PLNT boasts an average earnings surprise of +9.3%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, PLNT should be on investors' short list.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of SOFI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Disclaimer: I am not an investment advisor or professional. This article is my own personal opinion and is not meant to be a recommendation of the purchase or sale of stock. The investments and strategies discussed within this article are solely my personal opinions and commentary on the subject. This article has been written for research and educational purposes only. Anything written in this article does not take into account the reader’s particular investment objectives, financial situation, needs, or personal circumstances and is not intended to be specific to you. Investors should conduct their own research before investing to see if the companies discussed in this article fit into their portfolio parameters. Just because something may be an enticing investment for myself or someone else, it may not be the correct investment for you.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Kenvue (KVUE - Free Report) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +3.57%. A quarter ago, it was expected that this consumer health company would post earnings of $0.32 per share when it actually produced earnings of $0.31, delivering a surprise of -3.13%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Kenvue, which belongs to the Zacks Consumer Products - Staples industry, posted revenues of $3.89 billion for the quarter ended September 2026, missing the Zacks Consensus Estimate by 0.08%. This compares to year-ago revenues of $3.76 billion. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Kenvue shares have added about 13.4% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for Kenvue?While Kenvue 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 Kenvue was unfavorable. 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 #4 (Sell) for the stock. So, the shares are expected to underperform 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 $0.28 on $3.88 billion in revenues for the coming quarter and $1.14 on $15.58 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Consumer Products - Staples is currently in the bottom 18% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
BBB Foods (TBBB - Free Report) , another stock in the same industry, has yet to report results for the quarter ended September 2026. The results are expected to be released on November 2.
This discount retailer is expected to post quarterly loss of $0.15 per share in its upcoming report, which represents a year-over-year change of +77.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
BBB Foods' revenues are expected to be $1.61 billion, up 48.3% from the year-ago quarter.
Key Takeaways Eastman Chemical's Q3 adjusted EPS rose 61.4% year over year to $1.84 but missed estimates.Higher selling prices and improved asset utilization lifted adjusted EBIT to $305 million from $210 million.Eastman expects 2026 adjusted EPS of $6-$6.20 and operating cash flow of approximately $850 million. Eastman Chemical Company (EMN - Free Report) reported adjusted earnings of $1.84 per share for the third quarter of 2026, up 61.4% from $1.14 a year ago. The figure missed the Zacks Consensus Estimate of $1.92 by 4.2%.
Sales rose 8.3% year over year to $2,385 million and missed the consensus estimate of $2,387.2 million by 0.1%. Higher selling prices and improved asset utilization supported results, while elevated raw material and distribution costs remained a challenge. Companywide sales volume/mix increased 1%, while selling prices rose 7%.
EMN Benefits From Pricing and Improved MarginsEastman's adjusted earnings before interest and taxes (EBIT) increased to $305 million from $210 million in the year-ago quarter. Adjusted EBIT margin expanded to 12.8% from 9.5%, reflecting favorable price-cost dynamics, improved asset utilization and lower planned maintenance expenses.
Higher selling prices across specialty businesses helped offset elevated input costs. Chemical Intermediates benefited from tighter market conditions related to the Middle East conflict. Cost-reduction initiatives also supported profitability, partly offset by higher variable compensation expenses.
EMN’s Segment HighlightsAdvanced Materials segment sales increased 4.7% year over year to $762 million from $728 million. It was below our estimate of $783 million. The improvement reflected 4% higher selling prices and a 1% favorable foreign-currency impact. Sales volume/mix remained flat as growth in specialty plastics and advanced interlayers was offset by weakness in performance films.
Adjusted EBIT surged to $103 million from $53 million, while adjusted EBIT margin expanded to 13.5% from 7.3%. Substantially improved asset utilization and lower planned maintenance costs supported earnings. Higher specialty-plastics pricing helped counter increased raw material and distribution expenses.
Additives & Functional Products segment revenues rose 9.5% to $784 million from $716 million. The figure beat our estimate of $764 million. The increase was driven by 10% higher selling prices, partially offset by a 1% decline in volume/mix. Price increases primarily reflected cost-pass-through contracts adjusting to higher raw material and distribution costs. Adjusted EBIT increased to $154 million from $128 million, with margin improving to 19.6% from 17.9%.
Chemical Intermediates segment sales surged 16.2% to $580 million from $499 million. It was above our estimate of $545 million. Selling prices increased 12%, while volume/mix advanced 4%, supported by greater product availability and tight market conditions. Adjusted EBIT climbed to $35 million from $1 million, primarily reflecting higher spreads.
Fibers segment revenues were nearly flat at $255 million compared with $254 million a year earlier. The figure beat our estimate of $234 million. Sales volume/mix increased 4%, offsetting a 4% decline in selling prices. Higher sales of textiles and acetyl chemical products supported volume/mix, while lower acetate tow contract prices weighed on revenues.
Adjusted EBIT decreased to $52 million from $67 million. Adjusted EBIT margin contracted to 20.4% from 26.4%, reflecting lower acetate tow pricing and higher raw material and distribution costs. Acetate tow volumes remained comparable to the prior-year period.
EMN Reports Lower Operating Cash FlowEastman ended the third quarter with cash and cash equivalents of $768 million. Total borrowings stood at $5,218 million as of Sept. 30, 2026, while net debt was $4,450 million.
Cash provided by operating activities declined to $290 million from $402 million a year ago. For the first nine months, operating cash flow totaled $377 million. The company returned $96 million to shareholders through dividends during the quarter and did not repurchase shares.
Eastman Projects Solid Earnings and Cash Flow in 2026For 2026, Eastman expects adjusted earnings of $6-$6.20 per share and operating cash flow of approximately $850 million. The company anticipates releasing roughly $250 million in working capital during the fourth quarter. Capital expenditures are projected at approximately $400 million.
The company remains on track to achieve cost savings of $125 million to $150 million, net of inflation, and expects approximately 3% growth in sales volume/mix for the year. Innovation-led specialty growth, favorable price-cost dynamics and increased product availability in Chemical Intermediates are expected to support performance.
However, ongoing Middle East tensions, higher input costs and cautious customer demand remain headwinds. Management expects normal seasonal demand declines and higher planned shutdown costs in the fourth quarter, partly offset by continued cost reductions and increased acetate tow purchases.
Eastman also announced the reinstatement of a $375 million U.S. Department of Energy award to support its circular recycling platform. The revised project includes plans to increase output at its Kingsport methanolysis facility by approximately 30%, supporting the company's longer-term growth initiatives.
EMN’s Price PerformanceEMN’s shares have gained 14.2% over a year compared with the 9.1% growth recorded by the Zacks Chemicals Diversified industry.
Image Source: Zacks Investment Research
EMN’s Zacks Rank & Key PicksEMN currently carries a Zacks Rank #5 (Strong Sell).
Better-ranked stocks in the basic materials space include Green Plains Inc. (GPRE - Free Report) , Perimeter Solutions, Inc. (PRM - Free Report) and Avient Corporation (AVNT - Free Report) .
Green Plains is scheduled to report third-quarter results on Nov. 5. The Zacks Consensus Estimate for GPRE’s third-quarter earnings is pegged at 76 cents. GPRE sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Perimeter Solutions is slated to report third-quarter results on Nov. 5. The Zacks Consensus Estimate for earnings is pegged at 95 cents per share. PRM carries a Zacks Rank #2 (Buy) at present.
Avient is slated to report third-quarter results on Nov. 4. The consensus estimate for AVNT’s earnings per share is pegged at 81 cents. AVNT presently carries a Zacks Rank #2.
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Key Takeaways Sterling's Q3 earnings surged 118%, while revenues jumped 127%, prompting higher full-year 2026 guidance.STRL's scoped work neared $8 billion, up 90%, driven by strong data center and semiconductor project demand.StRL targets 20-30% annual organic profit growth, backed by capacity expansion and strategic acquisitions.
Sterling Infrastructure, Inc. (STRL - Free Report) emphasized expanding demand for mission-critical infrastructure during its third-quarter 2026 earnings call, highlighting larger projects, growing electrical operations and increasing visibility into future work.
Management raised its full-year outlook following strong earnings and revenue growth. Executives also addressed margin pressures, capacity constraints and geographic expansion, particularly in Texas, where demand continues to exceed available resources.
STRL Beats Earnings and Revenue EstimatesSterling reported adjusted earnings of $7.58 per share, up 118% year over year, surpassing the Zacks Consensus Estimate of $6.07 by 24.90%.
Quarterly revenues reached $1.563 billion, increasing 127% year over year and exceeding the Zacks Consensus Estimate of $1.168 billion by 33.80%. Organic revenue growth was approximately 70%.
Adjusted EBITDA increased 117% to $337.8 million, while the adjusted EBITDA margin stood at 21.6%. CEO and president Joseph Cutillo attributed the performance to strong market demand, execution and the company's strategy.
Sterling Raises Its Full-Year OutlookSterling increased its 2026 revenue guidance to $4.63-$4.73 billion and adjusted earnings guidance to $21.70-$21.96 per share.
CFO Nicholas Grindstaff also outlined adjusted EBITDA expectations of $970-$981 million. At the guidance midpoints, management projects 88% revenue growth and 101% adjusted earnings growth year over year.
Cutillo cautioned that fourth-quarter assumptions incorporate greater weather-related disruptions than in 2025. Seasonal labor scheduling and holiday-related slowdowns also remain considerations.
STRL Sees Expanding Mission-Critical DemandCOO Daniel Govin reported that E-Infrastructure Solutions revenues increased 212% to $1.303 billion, driven by data center and semiconductor projects.
Electrical subsidiary CEC generated $426 million in quarterly revenues, more than quadrupling its comparable prior-year contribution. Management now expects CEC's full-year revenues could exceed $1 billion.
Sterling's total scoped work approached $8 billion, increasing approximately 90% year over year. This includes $4.1 billion in signed backlog, $2 billion in unsigned awards and approximately $1.7 billion in upcoming design phases.
Sterling Addresses Electrical Margin PressuresDuring the Q&A, a Cantor Fitzgerald analyst questioned the anticipated fourth-quarter margin decline and its implications for 2027.
Cutillo explained that CEC's faster growth reduces consolidated margins because electrical operations structurally generate lower margins than site development. However, the business requires substantially less capital.
Management remains committed to improving CEC's operating margins by 300-500 basis points within 18-24 months of acquisition. Cutillo noted that underlying improvements have already exceeded 150 basis points, excluding legacy noncore operations.
STRL Targets Capacity Expansion and AcquisitionsAn Oppenheimer analyst questioned CEC's ability to sustain growth amid labor constraints. Cutillo highlighted hiring approximately 80 electricians weekly in Texas and expanding prefabrication capabilities.
Management expects Texas to become a major growth contributor but acknowledged that available opportunities currently exceed Sterling's operating capacity. Acquisitions remain important for accelerating expansion.
Cutillo reiterated a multiyear target of 20-30% annual organic profitability growth. Combined with strategic acquisitions, management aspires to approximately 50% annual earnings growth, although acquisition timing remains uncertain.
Sterling Maintains Its Long-Term Growth FocusSterling enters the remainder of 2026 emphasizing selective project execution, capacity investments and expansion into high-demand infrastructure markets.
Management also highlighted $427 million in operating cash flow during the first nine months and a $122 million net cash position, supporting continued investment and acquisition opportunities.
STRL Zacks Rank and Style Scores Signal Growth PotentialSTRL currently carries a Zacks Rank #2 (Buy), indicating favorable near-term earnings estimate revision characteristics. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Its Growth and Momentum Scores of A highlight attractive growth prospects and price momentum, while its Value Score of D indicates comparatively weaker valuation characteristics.
The stock's VGM Score of B reflects a favorable combined assessment of value, growth and momentum. Together with its Zacks Rank #2 (Buy), these indicators support a constructive near-term outlook under the Zacks framework. However, the Zacks Rank can change as analysts revise earnings estimates following the latest quarterly results.
Piper Sandler Companies (PIPR - Free Report) came out with quarterly earnings of $0.87 per share, missing the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.95 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -6.45%. A quarter ago, it was expected that this company would post earnings of $0.85 per share when it actually produced earnings of $1.04, delivering a surprise of +22.35%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
PIPER SANDLR CP, which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $456.04 million for the quarter ended September 2026, missing the Zacks Consensus Estimate by 2.01%. This compares to year-ago revenues of $455.31 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
PIPER SANDLR CP shares have lost about 19.1% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for PIPER SANDLR CP?While PIPER SANDLR CP 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 PIPER SANDLR CP was unfavorable. 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 #5 (Strong Sell) for the stock. So, the shares are expected to underperform 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 $1.44 on $592.09 million in revenues for the coming quarter and $4.47 on $2.02 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 - Miscellaneous Services is currently in the bottom 33% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Upstart Holdings, Inc. (UPST - Free Report) , another stock in the same industry, has yet to report results for the quarter ended September 2026. The results are expected to be released on November 3.
This company is expected to post quarterly earnings of $0.60 per share in its upcoming report, which represents a year-over-year change of +15.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Upstart Holdings, Inc.'s revenues are expected to be $364.63 million, up 31.6% from the year-ago quarter.
FTI Consulting NYSE: FCN reported third-quarter 2026 revenue above $1 billion for the first time, with growth across all five business segments and record adjusted earnings per share. Management said the results reflected a return to the company’s longer-term growth trajectory after an approximately 18-month period in which weakness at its Compass Lexecon economic consulting business weighed on consolidated performance.
Revenue rose 6% year over year, while adjusted EBITDA increased 18% to $153.7 million. Adjusted EBITDA margin expanded 150 basis points to 15.2%. Adjusted EPS reached a record $3.84, up 48% from $2.60 in the prior-year quarter.
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GAAP EPS was $2.35, compared with $2.60 a year earlier. The company said GAAP results included a $46 million special charge, equivalent to $1.36 per share, and $4.5 million of extraordinary litigation-related expenses, or $0.13 per share.
Leadership cites recovery in economic consulting
CEO and Chairman Steve Gunby said the quarter included favorable items such as unusually high success fees and a lower tax rate, but he said underlying performance also improved materially. After normalizing for those items, Gunby said he had “a hard time getting the number below $2.90 a share,” compared with average adjusted EPS in the low-$2 range over the preceding four quarters.
Gunby attributed much of the company’s recent relative underperformance to disruption in Compass Lexecon. He said FTI’s economic consulting segment had generally generated $25 million to $30 million of quarterly adjusted EBITDA in 2023 and 2024, but its cumulative adjusted EBITDA over the most recent four quarters was approximately zero.
“The dislocation that we have been working through in Compass Lexecon” was the principal factor obscuring progress elsewhere in the business, Gunby said. He added that the segment became accretive to year-over-year results during the third quarter, though he cautioned investors not to expect an immediate return to its historical profitability levels.
Gunby said the company issued significant forgivable loans in connection with retaining and recruiting talent during the disruption. He expects their amortization to remain a factor, estimating that approximately $50 million of forgivable loans could be amortized this year, with a comparable level possible next year under current contracts.
Targeted workforce actions expected to yield $80 million in annual savings
CFO Angela Nam said FTI recorded a $46 million third-quarter special charge, including $45.5 million in salary and benefits costs tied to targeted headcount actions and $500,000 of non-cash real estate-related costs. The actions affected all segments and regions, but were concentrated in the Middle East and the United Kingdom, as well as selected investments in EMEA and Asia-Pacific.
The company also cited construction solutions operations primarily outside the U.S. and certain strategic communications activities as areas affected by the actions. Nam said FTI is shifting strategic communications toward higher-margin, event-driven work.
FTI expects an additional $7 million special charge in the fourth quarter, including approximately $2 million in salary and benefits costs and $5 million in real estate-related costs. The third- and fourth-quarter actions are expected to generate approximately $80 million in annualized cost savings.
About 4% of FTI’s total employees were affected by the actions. Approximately 230 impacted employees remained included in third-quarter headcount because of varied notice periods, with most expected to depart by the end of the fourth quarter. Nam said the company expects about $15 million of benefits from the actions during the fourth quarter.
Gunby characterized the actions as responses to investments or market positions that were not working as intended rather than a reaction to normal cyclical demand weakness. He said the company generally seeks to retain strong employees through down cycles, but will exit or address bets that do not offer a credible path to improvement.
Segment results included record success fees and growth across businesses
Corporate Finance & Restructuring: Revenue increased 5%, aided by higher success fees and realized bill rates. Adjusted segment EBITDA rose 7% to a record $102.8 million. Record success fees of $40.7 million included a particularly large fee from a transactions assignment involving the sale of a loan portfolio for the Federal Reserve Bank of Boston.
Forensic and Litigation Consulting: The segment delivered record revenue, despite lower volumes in global risk and investigations and data and analytics. Nam attributed the lower volume largely to reduced regulatory enforcement. Adjusted segment EBITDA was $38 million, compared with $42.6 million a year earlier, when the segment benefited from a legal gain contingency.
Economic Consulting: Revenue increased 9%, driven by non-M&A and M&A-related antitrust demand in North America and EMEA. Adjusted segment EBITDA increased $18.5 million year over year.
Technology: Revenue grew 10%, supported by demand for M&A-related second requests and antitrust services across North America, EMEA and Asia-Pacific. Adjusted segment EBITDA increased $2.4 million, and margin rose 100 basis points to 15.5%.
Strategic Communications: Revenue rose 13%, led by public affairs and corporate reputation demand. The business supported transactions involving Prologis, SEGRO and McCormick-Unilever Foods, among others.
Management said demand remains uneven in major end markets. The company cited lower overall volumes in restructuring, M&A and regulatory work as it enters the seasonally slower fourth quarter. In particular, FTI said announced deal volume slowed notably in the third quarter, while reduced U.S. regulatory enforcement and the completion of several large engagements created headwinds for Forensic and Litigation Consulting.
Guidance updated for earnings
FTI reaffirmed its full-year revenue outlook of $3.94 billion to $4.1 billion. It raised its adjusted EPS guidance to $9.50 to $10.00 from a previous range of $9.10 to $9.70, while forecasting GAAP EPS of $7.55 to $8.05.
The company said its adjusted EPS outlook excludes expected third- and fourth-quarter special charges of $1.55 per share and extraordinary litigation-related expenses of $0.40 per share. FTI expects fourth-quarter economic consulting adjusted segment EBITDA to be closer to its second-quarter level, reflecting third-quarter benefits that it does not expect to recur, including a paid-time-off true-up and lower bad debt.
During the quarter, FTI repurchased approximately 524,000 shares for $79.4 million, at an average price of $151.55 per share. Through the first nine months of 2026, the company repurchased 3.9 million shares for an average of $153.09 per share. Total debt fell to $852 million at Sept. 30 from $1 billion at June 30, following $168 million in debt repayment during the quarter.
About FTI Consulting (NYSE:FCN)FTI Consulting, Inc is a global business advisory firm that helps organizations address complex financial, legal, operational and reputational challenges. The company provides independent expertise to corporations, law firms, financial institutions, government agencies and other organizations involved in major disputes, transactions, investigations, restructurings and regulatory matters.
FTI Consulting operates through several practice areas, including Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology and Strategic Communications.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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Key Takeaways MasTec's Q3 earnings rose 19.4% to $2.96 per share, while revenues jumped 29.9% to $5.15 billion.Power Delivery revenues surged 65.2%, fueling MasTec's growth as backlog hit a record $24.55 billion.MasTec raised its 2026 revenue outlook to $18.3B but lowered its earnings forecast amid pipeline delays. MasTec, Inc. (MTZ - Free Report) reported strong third-quarter 2026 results, with adjusted earnings and revenues surpassing the Zacks Consensus Estimate and increasing on a year-over-year basis.
The company's quarterly performance benefited from robust growth in Power Delivery, supported by strong execution across legacy operations and contributions from the Superior Group acquisition. Higher activity in Clean Energy and Infrastructure and sustained demand for utility and large-load infrastructure further supported results. Record backlog highlighted strong project opportunities and provided improved revenue visibility heading into 2027.
However, MasTec faced operational challenges, including pipeline project delays that affected crew and equipment utilization. Customer spending deferrals in Communications also weighed on segment revenues and profitability.
MasTec shares have lost more than 3% in the after-hour trading session yesterday following the earnings release.
Inside the Headlines of MasTec's Quarterly ResultsMasTec reported adjusted earnings of $2.96 per share in the third quarter of 2026, beating the Zacks Consensus Estimate of $2.94 by 0.7%. The figure increased 19.4% from $2.48 in the year-ago quarter.
Revenues of $5.15 billion surpassed the consensus mark of $4.94 billion by 4.3% and increased 29.9% year over year.
Estimated 18-month backlog reached a record $24.55 billion at September-end, up 46.3% from $16.78 billion a year earlier and 14.8% from $21.39 billion at the end of the second quarter. The sequential increase amounted to approximately $3.16 billion.
Power Delivery backlog surged 73.8% year over year to $8.91 billion. Clean Energy and Infrastructure backlog increased 65.4% to $8.32 billion, while Pipeline Infrastructure backlog rose 44.2% to $2.27 billion. Communications backlog remained nearly flat year over year at $5.05 billion.
MTZ's Segment Performance Remains MixedCommunications revenues declined 11.8% year over year to $806.9 million. Adjusted EBITDA fell 40.7% to $61.1 million, reflecting reduced customer spending and continued profitability challenges.
Clean Energy and Infrastructure revenues increased 33.9% year over year to $1.83 billion, while EBITDA advanced 29.3% to $149.3 million. Power Delivery revenues surged 65.2% to $1.84 billion, with EBITDA more than doubling to $241.5 million, supported by strong performance across legacy operations and the recently acquired Superior Group.
Pipeline Infrastructure revenues increased 21.1% year over year to $724.1 million. However, EBITDA declined 18.4% to $75.1 million, primarily due to permitting-related access delays that resulted in underutilized crews and equipment.
MasTec's EBITDA Rises Despite Margin PressuresAdjusted EBITDA increased 30.2% year over year to $486.4 million. However, the adjusted EBITDA margin remained unchanged at 9.4%, reflecting uneven profitability across the company's operating segments.
Power Delivery recorded the strongest margin improvement, with its EBITDA margin expanding 380 basis points to 13.2%, supported by favorable execution and contributions from Superior.
Meanwhile, Pipeline Infrastructure's EBITDA margin contracted 500 basis points to 10.4%, reflecting project delays and associated utilization challenges. Communications margin declined 370 basis points to 7.6%, while Clean Energy and Infrastructure margin narrowed 30 basis points to 8.2%.
MasTec's Cash Flow and Balance Sheet in FocusCash provided by operating activities increased to $267 million in the third quarter from $89 million a year earlier. Free cash flow improved significantly to $206 million from $36 million in the prior-year period.
For the first nine months of 2026, operating cash flow totaled $387.8 million compared with $173 million in the prior-year period.
Cash and cash equivalents were $481.8 million at September-end, up from $396 million at 2025-end. Total debt, including finance leases, was approximately $4.17 billion, reflecting increased borrowings associated with acquisitions and growth investments.
The company expects 2026 cash flow from operations to exceed $1 billion and anticipates year-end leverage below 2X.
MTZ Updates 2026 GuidanceFor 2026, MasTec now anticipates revenues of $18.3 billion, up from its previous expectation of approximately $18.2 billion, reflecting continued strength in Power Delivery and Clean Energy and Infrastructure.
However, the company revised its adjusted EBITDA outlook to $1.565-$1.60 billion from the previous expectation of approximately $1.60 billion. The adjusted EBITDA margin is now projected to be 8.6-8.7% compared with the earlier forecast of 8.8%.
Adjusted earnings are now expected to be $8.92-$9.30 per share compared with the previous projection of $9.30 per share. Adjusted net income is anticipated to be $755-$785 million compared with the earlier expectation of $785 million.
The revised profitability outlook reflects permitting-related delays in Pipeline Infrastructure, which have affected labor and equipment utilization. Management expects revenues and earnings deferred by project timing to shift into 2027.
At the segment level, MasTec expects 2026 revenues of approximately $5.9 billion from Power Delivery, $6.7 billion from Clean Energy and Infrastructure, $2.6 billion from Pipeline Infrastructure and $3.2 billion from Communications.
MasTec’s Zacks Rank & Recent Construction ReleasesMasTec currently carries a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
EMCOR Group, Inc. (EME - Free Report) delivered strong third-quarter 2026 results, with earnings and revenues surpassing the Zacks Consensus Estimate. Both the top and bottom lines increased on a year-over-year basis.
EMCOR lifted its 2026 revenue outlook to $20.6-$21 billion from $20-$20.5 billion. The company now projects earnings of $34.5-$35.5 per share, compared with $32-$33.25 previously. Its operating margin target is approximately 10%, up from the prior 9.5-9.8% range.
Quanta Services, Inc. (PWR - Free Report) reported impressive third-quarter 2026 results, with adjusted earnings and revenues surpassing the Zacks Consensus Estimate. Performance benefited from robust demand for grid, power generation and technology infrastructure, increased self-performed project scope, efficient resource utilization and strong execution across both segments.
Quanta raised its full-year 2026 revenue expectations to $41.30-$41.60 billion, representing a $1.95 billion midpoint increase from its previous guidance. Adjusted earnings are now projected to be $17.90-$18.30 per share, while adjusted EBITDA is expected to be between $4.40 billion and $4.49 billion.
Sterling Infrastructure, Inc. (STRL - Free Report) delivered a strong third quarter of 2026, with adjusted earnings and revenues topping the Zacks Consensus Estimate and increasing sharply year over year. Results were driven by outsized growth in E-Infrastructure Solutions, supported by robust organic growth, strong execution and contributions from acquired operations.
Sterling raised its 2026 revenue guidance to $4.63-$4.73 billion from the prior range of $4-$4.15 billion, reflecting strong execution, expanding project opportunities and sustained demand for E-Infrastructure services. The company now expects net income of $596-$604 million and adjusted net income of $675-$683 million.
Newell Brands (NWL - Free Report) came out with quarterly earnings of $0.2 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.
A quarter ago, it was expected that this consumer products company would post earnings of $0.19 per share when it actually produced earnings of $0.42, delivering a surprise of +121.05%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Newell Brands, which belongs to the Zacks Consumer Products - Staples industry, posted revenues of $1.87 billion for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 1.14%. This compares to year-ago revenues of $1.81 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Newell Brands shares have added about 36.6% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for Newell Brands?While Newell Brands has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Newell Brands was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.19 on $1.92 billion in revenues for the coming quarter and $0.76 on $7.32 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Consumer Products - Staples is currently in the bottom 18% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Krispy Kreme (DNUT - Free Report) , another stock in the same industry, has yet to report results for the quarter ended September 2026. The results are expected to be released on November 5.
This doughnut wholesaler and retailer is expected to post quarterly earnings of $0.02 per share in its upcoming report, which represents a year-over-year change of +100%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Krispy Kreme's revenues are expected to be $316.04 million, down 15.8% from the year-ago quarter.
Newell Brands (NWL - Free Report) reported $1.87 billion in revenue for the quarter ended September 2026, representing a year-over-year increase of 3.7%. EPS of $0.20 for the same period compares to $0.17 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.85 billion, representing a surprise of +1.14%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.20.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
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 Newell Brands performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- Outdoor and Recreation: $169 million versus $185.97 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -7.7% change.Net Sales- Home and Commercial Solutions: $1.01 billion versus the four-analyst average estimate of $956.15 million. The reported number represents a year-over-year change of +7.4%.Net Sales- Learning and Development: $692 million compared to the $710.52 million average estimate based on four analysts. The reported number represents a change of +1.6% year over year.Normalized Operating Income (Loss)- Corporate: $-49 million versus the two-analyst average estimate of $-30.63 million.Normalized Operating Income (Loss)- Learning & Development: $157 million versus $137.15 million estimated by two analysts on average.Normalized Operating Income (Loss)- Home and Commercial Solutions: $86 million versus $69.51 million estimated by two analysts on average.View all Key Company Metrics for Newell Brands here>>>
Shares of Newell Brands have returned -4.3% over the past month versus the Zacks S&P 500 composite's +0.7% 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.
Five dividend stocks are paying out in November, but three of them stop accepting new buyers as early as today. Miss the window by even one day and the payment goes to whoever sold you the shares.
Three of these five stocks go ex-dividend on Monday, November 2, so today, Friday, October 30, is the last day to buy them and still receive the next payment. The other two cutoffs come later next week, on November 5 and November 6. All five payments arrive in November.
How the timing works: the ex-dividend date is the cutoff. You have to own the shares before that date to receive the payout. If you buy on or after it, the payment goes to the seller. The pay date is when the cash reaches your account.
East West Bancorp (EWBC): Cutoff Is Today
East West Bancorp (NASDAQ:EWBC | EWBC Price Prediction) is paying $0.80 a share on November 17. Shares go ex-dividend on November 2, which makes today the last day to buy. The annualized $3.20 works out to a 2.4% yield at a $132.80 share price. The yield looks low mostly because the stock is up 20.48% year to date.
The payout looks well covered. Against Q2 2026 EPS of $2.63, the quarterly dividend is about a 30% payout ratio. Net income rose 17% year over year to $363.7 million, and the bank has raised its quarterly dividend from $0.55 in 2024 to $0.60 in 2025 and $0.80 in 2026. Watch credit quality. Nonperforming assets rose to 0.29% of total assets, and net charge-offs were 19 bps.
NVE Corp (NVEC): Big Yield, Thin Coverage
NVE Corp (NASDAQ:NVEC) is paying $1.00 a share on November 30. Shares also go ex-dividend on November 2, so today is the deadline. At $78.39, the $4 annual payout yields 5.1%. Part of that yield comes from a falling share price: the stock is down 29.42% over the past month, despite a 14.67% rebound over the past week.
Coverage on an earnings basis is weak. Fiscal Q2 EPS came in at $0.65, which means the dividend took about 154% of earnings. Over the first half of the fiscal year, EPS of $1.97 covered roughly 102% of the dividend, essentially break-even. Q2 revenue fell 19.7% to $5.83 million. The balance sheet is the buffer: $44.39 million in cash and marketable securities, only $1.89 million in total liabilities, and no debt. The $1 payment has held steady every quarter since 2021, but it depends on earnings recovering.
Dorchester Minerals (DMLP): Variable Payout, Same-Day Deadline
Dorchester Minerals (NASDAQ:DMLP) pays $0.882297 per unit on November 12. Shares go ex-dividend on November 2, so today is also the last day to buy. Trailing 12-month distributions of $3.193574 give a 10.3% yield at $31.05. If you annualize the current quarter instead, the yield is 11.4%.
The distribution changes every quarter. This one is down 30.7% from the prior $1.272943, and 2026 payments have run from $0.475036 to that high. Dorchester is a royalty partnership that passes through its current cash receipts from royalty and net profits interests, so payouts rise and fall with oil and gas prices and production. The prior quarter also benefited from a non-recurring Midland County, TX settlement.
For an MLP, the right test is distributable cash flow. Because Dorchester pays out what it takes in, the distribution is covered by design, but the dollar amount is never fixed. Q2 operating revenue rose 73% to $56.08 million.
Wintrust Financial (WTFC): Lowest Payout Ratio on the List
Wintrust Financial (NASDAQ:WTFC) is paying $0.55 a share on November 19. With an ex-date of November 5, the last day to buy is Wednesday, November 4. The yield is 1.4% at $154.86.
The yield is small but very well covered. Q3 EPS of $3.37 beat the $3.31 consensus and brings the payout ratio near 16%. Net income rose 11% to $239.05 million, and the dividend has increased from $0.45 in 2024 to $0.55 in 2026. On the risk side, net charge-offs rose to 15 bps from 10 bps, and office commercial real estate exposure is $1.66 billion.
SiriusXM (SIRI): Last Cutoff of the Week
SiriusXM (NASDAQ:SIRI) is paying $0.27 a share on November 23. Shares go ex-dividend on November 6, so the last day to buy is Thursday, November 5. The yield is 3.8% at $28.45. Shares are up 46.86% year to date, but still down 43.5% over five years.
Q3 EPS was $0.78, missing the $0.79 estimate, for a payout ratio of about 35%. Free cash flow of $293 million covered the $91 million in dividends paid, a 31% cash payout, and full-year free cash flow guidance was raised to about $1.40 billion. The main risks are debt, with long-term debt of about $9.45 billion as of Q2, and a 7% drop in Pandora monthly active users.
Three Deadlines Close Today
The first cutoff is today for East West, NVE, and Dorchester, all of which go ex-dividend on November 2. Wintrust and SiriusXM give you until November 4 and November 5. Buying a stock to take in one payment rarely pays off, because share prices usually drop by about the dividend amount when the stock goes ex-dividend, so payout coverage matters more than the deadline. Still, the timing rule doesn’t bend: if you miss the ex-date, you miss that payment.
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Organon (OGN - Free Report) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $1.01 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +3.30%. A quarter ago, it was expected that this pharmaceutical company would post earnings of $0.87 per share when it actually produced earnings of $0.85, delivering a surprise of -2.3%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Organon, which belongs to the Zacks Medical Services industry, posted revenues of $1.57 billion for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 0.43%. This compares to year-ago revenues of $1.6 billion. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Organon shares have added about 92.6% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for Organon?While Organon has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Organon was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.82 on $1.53 billion in revenues for the coming quarter and $3.37 on $6.08 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical Services is currently in the top 42% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, DocGo Inc. (DCGO - Free Report) , is yet to report results for the quarter ended September 2026.
This company is expected to post quarterly loss of $0.04 per share in its upcoming report, which represents a year-over-year change of +63.6%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
DocGo Inc.'s revenues are expected to be $76.97 million, up 8.7% from the year-ago quarter.
