Why the Comcast Spin-Off Won't Fix What's Actually BrokenComcast NASDAQ: CMCSA executives said the company’s second-quarter results reflected progress in wireless, streaming and studios, while broadband and theme parks remained under pressure amid competitive and macroeconomic challenges.
On the company’s earnings call, Chairman and Co-CEO Brian Roberts and Co-CEO Mike Cavanagh also emphasized the strategic separation Comcast announced three weeks earlier, saying the company is moving toward creating two focused businesses with investment-grade financial profiles.
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Comcast Highlights Separation Plans Comcast’s NBCUniversal Split Puts Broadband Back in FocusRoberts said feedback from employees, partners and other constituencies has been “overwhelmingly positive” since the separation announcement. He said the structure is intended to give both businesses “the focus and agility to win in markets that are changing fast.”
Cavanagh said Comcast is working through details of the transaction with a goal of completing the separation in approximately one year. He said a key focus is the balance sheet and capital structure, with the intention of setting up both companies with “strong investment-grade profiles” and financial flexibility to pursue growth strategies.
3 Low P/E Stocks: Separating Multibaggers From a Value TrapCFO Jason Armstrong said Comcast paused share repurchases as of July 1 and expects to remain paused through the separation. He said the priority is ensuring both businesses are well-capitalized with favorable investment-grade ratings.
Second-Quarter Results Reflect Growth and Investment Pressures Armstrong said second-quarter revenue increased 5% on a pro forma basis, partly benefiting from Telemundo and Peacock’s airing of the FIFA World Cup. Adjusted EBITDA declined 5%, which he attributed to investment in Comcast’s Connectivity & Platforms business and the first year of NBA rights costs in Content & Experiences. Adjusted earnings per share were $1.04.
Comcast generated $4.6 billion of free cash flow in the quarter and returned $2.1 billion to shareholders, including $900 million in share repurchases before the July pause. Armstrong noted that Comcast issued updated pro forma schedules reflecting the removal of Sky Germany after the sale of that business on May 31.
In Connectivity & Platforms, Cavanagh said results were broadly in line with prior commentary. He described Comcast as being nearly a year into a deliberate broadband pivot focused on simplified pricing and packaging, improved customer experience and a stronger push into wireless.
Armstrong said broadband subscriber losses improved by 34,000 year over year to a loss of 167,000. However, broadband average revenue per user declined 3.8%, reflecting simplified pricing, lower everyday price points and the impact of free wireless lines. Connectivity & Platforms EBITDA declined 5.8%.
Armstrong said Comcast expects “modest improvements” beginning in the third quarter as the company laps early go-to-market investments and more free wireless lines convert to paid relationships.
Wireless Posts Record Additions as Broadband Competition Remains Intense Wireless was a major focus of management’s remarks. Cavanagh said Comcast crossed 10 million wireless lines for the first time in the quarter, calling it a meaningful milestone. Armstrong said the company ended the quarter with 10.2 million total lines, representing 17% penetration of Comcast’s domestic residential broadband customer base and 7% of the total wireless line opportunity in its footprint.
Comcast added 448,000 net wireless lines in the quarter, its best quarter on record. Armstrong said roughly half of residential postpaid phone connects came from customers taking a free line, while premium unlimited plans accounted for about 30% of postpaid phone connects.
Steve Croney, CEO of Connectivity and Platforms, said the free-line offer is driving awareness and allowing customers to trial the product. He said a “significant majority” of customers rolling off free lines are converting to paid, consistent with expectations.
On broadband competition, Croney said the market remains intense, citing continued fiber expansion, fixed wireless aggressiveness and satellite as an emerging competitor. Armstrong said Comcast is not currently seeing Starlink as a meaningful competitive factor in its markets, but expects satellite to become more competitive over time, particularly in rural and underserved areas.
Armstrong said Comcast’s strategy is to improve its competitive position through its network, Wi-Fi product and customer experience. He added that Comcast already works with Starlink in Comcast Business by combining Comcast’s managed connectivity portfolio with satellite capabilities for enterprise customers.
Business services revenue grew 3.7% and EBITDA increased 5%, though Armstrong said both benefited from a non-recurring item tied to a long-term fiber lease renewal. Excluding that benefit, underlying revenue and EBITDA growth were just under 3%. He said enterprise solutions continue to drive growth, with larger customers seeking more complex connectivity, security and managed services.
Peacock Reaches Profitability; Media and Studios Strengthen Comcast’s media segment delivered stronger results, with Cavanagh saying it generated mid-single-digit EBITDA growth. Armstrong said media revenue increased 25% and EBITDA increased 4%, even as the company absorbed first-year NBA rights costs.
Peacock reached profitability for the first time, generating $189 million of EBITDA in the quarter, according to Armstrong. Peacock revenue increased 54%, with distribution revenue up more than 50% and advertising revenue up nearly 70%. Paid subscribers rose by 2 million sequentially to 48 million, and Armstrong said Peacock had 7 million more paid subscribers than a year earlier.
Cavanagh said Peacock’s profitability is an important milestone but added that results will vary by quarter because of sports schedules and content timing. He said the company expects Peacock profitability to continue improving on an annual basis.
Management pointed to the FIFA World Cup, NBA playoffs and “Love Island” as engagement and advertising drivers. Cavanagh said the World Cup delivered the biggest Spanish-language sporting event in U.S. media history for Telemundo and Peacock, while “Love Island” was the top overall streaming title in the U.S. this summer.
Studios also had a strong quarter. Armstrong said Studios revenue increased 25% and EBITDA rose by $141 million year over year, driven by releases including the “Super Mario Galaxy” movie, “Obsession” and international distribution of “Michael.” Cavanagh also highlighted “Minions & Monsters,” “Disclosure Day” and “The Odyssey” as contributors to the studio slate’s momentum.
Parks Face Attendance Pressure, but Long-Term Outlook Unchanged Theme parks revenue increased 3%, while EBITDA declined 5%. Armstrong said the EBITDA decline was primarily driven by continued pressure at Osaka, where China-related travel restrictions are affecting attendance. U.S. parks partially offset that pressure.
Cavanagh said the Orlando market softened beginning in June, and that trend has continued into the third quarter. He attributed the weakness mainly to attendance rather than per-capita spending, citing weaker consumer sentiment and higher travel costs as possible factors.
Epic Universe continues to perform in line with expectations, according to Cavanagh, who said guest response remains strong and the park is helping strengthen Orlando as a multi-destination resort. He said the broader softness does not change Comcast’s long-term view of the parks business.
Executives also discussed Sky’s proposed acquisition of ITV’s media and entertainment business. Cavanagh said the deal would strengthen Sky’s long-term position in the U.K. by combining Sky’s premium content, connectivity and sports leadership with ITV’s reach and digital user base.
Roberts closed his prepared remarks by saying Comcast is positioned for an AI-driven technology cycle that will require more data, bandwidth, lower latency and smarter networks. He said the company’s network roadmap includes multi-gig, symmetrical and low-latency capabilities, which he believes will support Comcast’s long-term competitive position.
About Comcast (NASDAQ:CMCSA)Comcast Corporation NASDAQ: CMCSA is a diversified global media and technology company headquartered in Philadelphia, Pennsylvania. Its principal operations are organized around Comcast Cable, which provides broadband internet, video, voice and wireless services to residential and business customers in the United States under the Xfinity and Comcast Business brands, and NBCUniversal, a media and entertainment group that develops, produces and distributes content across broadcast and cable networks, film, and streaming platforms.
NBCUniversal's assets include the NBC broadcast network, a portfolio of cable channels, Universal Pictures and other film and television production businesses, and the Peacock streaming service.
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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Using the word “independent” multiple times to describe NBCUniversal‘s forthcoming independence, Comcast Co-CEOs Brian Roberts and Mike Cavanagh said they are already talking with potential partners.
Speaking to Wall Street investors on Comcast’s second-quarter earnings call Thursday, the execs said NBCU has started to explore its options. In an apparent reference to this month’s edition of the annual Allen & Co. Sun Valley event for media and tech execs, Roberts said, “We just came from one of the conferences, and there’s just great ideas, and I’m excited about the road ahead to expand the partnerships we’ve already got.”
Cavanagh added that NBCU is “in a great position to partner with others.”
The comments were the first in an earnings context by Comcast execs since the company announced its plan to split into two separate companies. One, anchored by NBCUniversal and Sky, will focus on entertainment content, while the other will operate the legacy cable TV, broadband and wireless networks. The separation is expected to be completed by next summer.
Asked about whether NBCU will have enough scale to be a viable player, or whether it might instead merge or acquire another company in the sector, Cavanagh called it “an extremely valuable collection of assets.” He said NBCU and Sky “do have the heft and the relationships and the operational capabilities to continue to be a major player, as an independent.” The split, he added, will “give it the focus and opportunity and platform to invest behind the growth opportunities that it has in its own businesses, and the spaces around these businesses that offer growth, and where the business has the right to play.”
The exec name-checked various networks and studio operations, throwing in viewership stats and reach metrics.
Sports is a key element in the mix, Cavanagh said, noting this year’s Super Bowl, Winter Olympics and World Cup coverage, plus ongoing deals with the NFL, NBA and others. “Our relationships with our leagues go way beyond our financial terms of our deals,” he maintained. “We’ve built very longstanding relationships that are growing their audiences, elevate the presentation of their sports for the long term, and expand the value of their rights, frankly. And then we do that through the world-class production that we are known for, great distribution across both broadcast and streaming, and the ability to reach fans at scale.”
Ultimately, Cavanagh said, “We do feel really good about the business that we have. We do think that these assets are incredibly valuable. We love the fact that they operate well together.” At the same time, he continued, “As an independent, we take all these great assets and we are willing to partner with others. So other strategies are a little more walled gardens. Our approach is to build great businesses that serve our own platforms, but look for opportunities to partner or bundle, and exhibit other people’s IP in our parks, and create IP in our studios that go to other platforms. I think that’s a good strategy for the collection of assets we have, and I think it presents a path for growth in this business over time.”
Roberts said said “being independent” will enable NBCU to “partner well, and to bring to life people’s dreams and content, and sporting events, and the like.”
For the quarter ended June 2026, Comcast (CMCSA - Free Report) reported revenue of $29.94 billion, down 1.2% over the same period last year. EPS came in at $1.04, compared to $1.25 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $29.18 billion, representing a surprise of +2.62%. The company delivered an EPS surprise of +7.22%, with the consensus EPS estimate being $0.97.
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 Comcast performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Additions / (Losses) - Total Domestic Wireless Lines: 448 thousand versus the four-analyst average estimate of 401.29 thousand.Total Domestic Wireless Lines: 10.19 million compared to the 10.14 million average estimate based on four analysts.Total Domestic Video Customers: 10.67 million versus the four-analyst average estimate of 10.67 million.Net Additions / (Losses) - Total Domestic Broadband Residential Customers: -167 thousand versus the four-analyst average estimate of -161.46 thousand.Revenue- Connectivity & Platforms- Total: $19.8 billion versus $19.72 billion estimated by six analysts on average. Compared to the year-ago quarter, this number represents a -2.9% change.Revenue- Content & Experiences- Total: $10.73 billion versus the six-analyst average estimate of $9.8 billion. The reported number represents a year-over-year change of +1%.Revenue- Residential Connectivity & Platforms- Other: $1.13 billion compared to the $1.13 billion average estimate based on five analysts. The reported number represents a change of -6.6% year over year.Revenue- Residential Connectivity & Platforms- Video: $6.09 billion versus $6.13 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -9.4% change.Revenue- Content & Experiences- Media: $5.69 billion versus the five-analyst average estimate of $5.42 billion. The reported number represents a year-over-year change of -11.6%.Revenue- Content & Experiences- Studios: $3.04 billion versus $2.64 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +25% change.Revenue- Content & Experiences- Theme Parks: $2.41 billion compared to the $2.47 billion average estimate based on five analysts. The reported number represents a change of +2.7% year over year.Revenue- Residential Connectivity & Platforms- Residential Connectivity- Domestic convergence- Domestic broadband: $6.28 billion versus the five-analyst average estimate of $6.25 billion. The reported number represents a year-over-year change of -3.8%.View all Key Company Metrics for Comcast here>>>
Shares of Comcast have returned +3.9% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?
Let's take a look at what these Wall Street heavyweights have to say about Cadence Design Systems (CDNS - Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.
Cadence currently has an average brokerage recommendation (ABR) of 1.39, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 23 brokerage firms. An ABR of 1.39 approximates between Strong Buy and Buy.
Of the 23 recommendations that derive the current ABR, 18 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 78.3% and 4.4% of all recommendations.
Brokerage Recommendation Trends for CDNS
Check price target & stock forecast for Cadence here>>>
While the ABR calls for buying Cadence, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential.
Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations.
This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements.
With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision.
Zacks Rank Should Not Be Confused With ABRIn spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures.
The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.
On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.
There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices.
Is CDNS a Good Investment?Looking at the earnings estimate revisions for Cadence, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $7.94.
Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.
The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Cadence. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Cadence.
Credo Technology (NASDAQ:CRDO | CRDO Price Prediction) and Marvell Technology (NASDAQ:MRVL) just posted results that frame the AI connectivity race in sharp relief.
Investor litigation firm [url="]Kaskela Law[/url] announces that it is investigating DexCom, Inc. (Nasdaq: DXCM) on behalf of the company's long-term investors
The market expects DexCom (DXCM - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis medical device company is expected to post quarterly earnings of $0.61 per share in its upcoming report, which represents a year-over-year change of +27.1%.
Revenues are expected to be $1.3 billion, up 11.9% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.07% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for DexCom?For DexCom, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -1.36%.
On the other hand, the stock currently carries a Zacks Rank of #2.
So, this combination makes it difficult to conclusively predict that DexCom will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that DexCom would post earnings of $0.47 per share when it actually produced earnings of $0.56, delivering a surprise of +19.15%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
DexCom doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Copart, Inc. ("Copart" or the "Company") (NASDAQ: CPRT). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether Copart and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On June 29, 2026, Copart announced that Jeff Liaw would step down from his roles as Chief Executive Officer and member of Copart's board of directors, effective July 31, 2026.
On this news, Copart's stock price fell $2.45 per share, or 8.02%, to close at $28.10 per share on June 29, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
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Wall Street expects a year-over-year increase in earnings on higher revenues when Hershey (HSY - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis chocolate bar and candy maker is expected to post quarterly earnings of $1.45 per share in its upcoming report, which represents a year-over-year change of +19.8%.
Revenues are expected to be $2.65 billion, up 1.3% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.09% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Hershey?For Hershey, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -3.42%.
On the other hand, the stock currently carries a Zacks Rank of #4.
So, this combination makes it difficult to conclusively predict that Hershey will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Hershey would post earnings of $2.05 per share when it actually produced earnings of $2.35, delivering a surprise of +14.63%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Hershey doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Many investors who want exposure to the booming artificial intelligence (AI) market often focus on top-tier chipmakers like Nvidia (NVDA -2.55%). However, investors shouldn't overlook the AI infrastructure leaders, which build the foundations that support those powerful chips.
The global AI infrastructure market could expand at a 26.6% CAGR from 2026 to 2034, according to Fortune Business Insights, as more companies expand and upgrade their data centers to handle the latest AI applications. Here are three stocks that will capitalize on that secular trend: Marvell (MRVL -2.03%), Coherent (COHR -0.27%), and Vertiv (VRT +0.52%).
Image source: Getty Images.
Why are these 3 AI infrastructure stocks long-term winners? Marvell sells high-speed connectivity chips, custom application-specific integrated circuits (ASICs) for hyperscalers, Ethernet switches, and data processing units (DPUs) that combine CPUs, networking interfaces, and programmable data acceleration engines. Data centers need to upgrade their infrastructure with Marvell's products to handle demanding AI workloads.
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Coherent, the world's leading photonics company, produces optical transceivers and components that convert electronic data into light signals, transmit them through fiber-optic cables, and convert them back into accessible data. Its business is booming as more companies replace copper cables in their data centers with fiber-optic cables, which offer greater bandwidth and better thermal resistance to handle the latest AI applications.
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Vertiv produces thermal management, liquid cooling, and uninterruptible power supply (UPS) systems for data centers. The latest AI chips run so hot that data centers need to use Vertiv's products to cool their servers and keep them running smoothly. It's also co-developing its latest physical infrastructure, reference architectures, and liquid cooling systems with Nvidia.
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How fast are these 3 companies growing? Marvell, Coherent, and Vertiv will all grow rapidly as the AI market expands. From fiscal 2026 (which ended this January) to fiscal 2029, analysts expect Marvell's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to grow at a 44% CAGR.
From fiscal 2025 (which ended last June) to fiscal 2028, they expect Coherent's adjusted EBITDA to grow at a 44% CAGR. From 2025 to 2028, they expect Vertiv's adjusted EBITDA to increase at a 38% CAGR. Based on their current enterprise values, Marvell, Coherent, and Vertiv trade at 43, 39, and 34 times their current-year adjusted EBITDA.
These stocks aren't screaming bargains, but they still seem reasonably valued relative to their long-term growth potential. So if you're looking for solid AI infrastructure plays that might deliver multibagger gains over the next few decades, these three stocks check all the right boxes.
Pool Corp. (POOL - Free Report) came out with quarterly earnings of $5.38 per share, beating the Zacks Consensus Estimate of $5.3 per share. This compares to earnings of $5.17 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +1.51%. A quarter ago, it was expected that this distributor of supplies for swimming pools would post earnings of $1.34 per share when it actually produced earnings of $1.43, delivering a surprise of +6.72%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Pool Corp., which belongs to the Zacks Leisure and Recreation Products industry, posted revenues of $1.82 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.22%. This compares to year-ago revenues of $1.78 billion. 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.
Pool Corp. shares have lost about 14.2% since the beginning of the year versus the S&P 500's gain of 9.6%.
What's Next for Pool Corp.?While Pool Corp. 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 Pool Corp. 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 $3.49 on $1.47 billion in revenues for the coming quarter and $11.05 on $5.42 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, Leisure and Recreation Products is currently in the top 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.
Another stock from the same industry, Clarus Corporation (CLAR - Free Report) , has yet to report results for the quarter ended June 2026.
This company is expected to post quarterly loss of $0.05 per share in its upcoming report, which represents a year-over-year change of -66.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Clarus Corporation's revenues are expected to be $51.55 million, down 6.7% from the year-ago quarter.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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.
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.
Lincoln Electric Holdings (LECO - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis manufacturer of specialized welding products and other equipment is expected to post quarterly earnings of $2.81 per share in its upcoming report, which represents a year-over-year change of +8.1%.
Revenues are expected to be $1.17 billion, up 7.3% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Lincoln Electric?For Lincoln Electric, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -1.17%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Lincoln Electric will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Lincoln Electric would post earnings of $2.42 per share when it actually produced earnings of $2.50, delivering a surprise of +3.31%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Lincoln Electric doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerAmong the stocks in the Zacks Manufacturing - Tools & Related Products industry, Stanley Black & Decker (SWK - Free Report) , is soon expected to post earnings of $1.2 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +11.1%. This quarter's revenue is expected to be $3.93 billion, down 0.3% from the year-ago quarter.
Over the last 30 days, the consensus EPS estimate for Stanley Black & Decker has been revised 0.4% down to the current level. Nevertheless, the company now has an Earnings ESP of -0.18%, reflecting a lower Most Accurate Estimate.
This Earnings ESP, combined with its Zacks Rank #3 (Hold), makes it difficult to conclusively predict that Stanley Black & Decker will beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Wall Street expects a year-over-year increase in earnings on higher revenues when IdaCorp (IDA - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on July 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis utility company is expected to post quarterly earnings of $1.79 per share in its upcoming report, which represents a year-over-year change of +1.7%.
Revenues are expected to be $478.43 million, up 6.1% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.59% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for IdaCorp?For IdaCorp, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -4.76%.
On the other hand, the stock currently carries a Zacks Rank of #2.
So, this combination makes it difficult to conclusively predict that IdaCorp will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that IdaCorp would post earnings of $1.12 per share when it actually produced earnings of $1.21, delivering a surprise of +8.04%.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
IdaCorp doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
CARPINTERIA, Calif.--(BUSINESS WIRE)--Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced three new Digital Coworker packages that make it easier for construction organizations to adopt and scale AI. A key upcoming capability, Procore Skills, enables organizations to teach Procore AI their own processes, standards, and best practices, so AI agents consistently apply company-specific ways of working across every project. The n.
Wall Street expects a year-over-year increase in earnings on higher revenues when Federated Hermes (FHI - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis one of the nation's largest managers of money market funds is expected to post quarterly earnings of $1.19 per share in its upcoming report, which represents a year-over-year change of +2.6%.
Revenues are expected to be $494.1 million, up 16.3% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 4.09% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Federated Hermes?For Federated Hermes, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Federated Hermes will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Federated Hermes would post earnings of $1.2 per share when it actually produced earnings of $1.27, delivering a surprise of +5.83%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Federated Hermes doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
The market expects Builders FirstSource (BLDR - Free Report) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis construction supply company is expected to post quarterly earnings of $1.29 per share in its upcoming report, which represents a year-over-year change of -45.8%.
Revenues are expected to be $3.9 billion, down 7.9% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Builders FirstSource?For Builders FirstSource, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -8.74%.
On the other hand, the stock currently carries a Zacks Rank of #4.
So, this combination makes it difficult to conclusively predict that Builders FirstSource will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Builders FirstSource would post earnings of $0.39 per share when it actually produced earnings of $0.27, delivering a surprise of -30.77%.
Over the last four quarters, the company has beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Builders FirstSource doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Celestica (NYSE:CLS | CLS Price Prediction) is one of the most direct ways for a long-horizon portfolio to gain exposure to the AI infrastructure buildout right now. The company designs and manufactures electronics and hardware for major technology customers, earning revenue by building products such as servers, networking equipment, and data-center systems.
The company is compounding revenue north of 50% with expanding margins, management has raised full-year guidance twice in six months, and the stock trades at a forward multiple below its growth rate. This is a pick-and-shovel play with visible 2027 program wins already booked.
Celestica’s AI Growth Is Accelerating Q1 FY26 revenue hit $4.05 billion, up 52.8% year over year, with adjusted EPS of $2.16 beating the $2.08 consensus. That was the fifth straight EPS beat. Adjusted operating margin printed 8.0%, a company record, and the Connectivity & Cloud Solutions segment grew 76% year over year to $3.24 billion. Management raised FY26 guidance to $19.0 billion in revenue and $10.15 in adjusted EPS, up from $17.0 billion and $8.75 just one quarter earlier.
The Valuation Has Not Caught Up With the Growth At $335.50, CLS trades at a forward P/E of 30 against quarterly earnings growth of 147.3% year over year. The Street consensus target sits at $448, with 20 of 21 analysts rating it Buy or Strong Buy and zero Sells. The stock is still trading roughly 30% below its 52-week high of $474.02, giving new buyers a discount to a name that returned 113.82% over the past year.
Why Celestica Is Crushing Its EMS Peers Flex (NASDAQ:FLEX) and Jabil (NYSE:JBL) are the obvious EMS (Electronics Manufacturing Services) alternatives, and neither is keeping up. Flex grew FY26 revenue just 8.14% to $27.9 billion with an adjusted operating margin of 6.5% in its most recent quarter. Jabil’s Q3 FY26 revenue rose 11.8% year over year against a full-year core operating margin guide of 5.8%.
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Celestica is growing more than four times faster than Flex and posting a stronger margin profile roughly 200 basis points above Jabil’s.
Customer Concentration Is Fueling the AI Opportunity Customer concentration is one of the standard talking points among bears. Three customers were 36%, 15%, and 12% of Q4 FY25 revenue, meaning they cumulatively accounted for 63% of revenue.
Those customers are hyperscalers with published capex trajectories, and CLS just won a Co-packaged Optics Ethernet switch program using 1.6 Terabit silicon that begins ramping in 2027, alongside expanded U.S. manufacturing capacity for Google TPU systems. While customer concentration introduces risk, it also provides a tailwind when the customer list includes the largest AI spenders on earth.
Celestica Deserves a Spot at the Top of Your AI Watchlist Long-term investors seeking direct AI infrastructure exposure at a reasonable multiple might consider putting Celestica at the top of their research list today. Celestica is scheduled to release Q2 earnings after the market closes on July 27.
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D.A. Davidson & CO. lifted its holdings in shares of Datadog, Inc. (NASDAQ:DDOG – Free Report) by 203.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,052 shares of the company’s stock after buying an additional 8,082 shares during the period. D.A. Davidson & CO.’s holdings in Datadog were worth $1,423,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Brighton Jones LLC bought a new position in shares of Datadog in the fourth quarter worth $209,000. Bison Wealth LLC bought a new stake in shares of Datadog during the fourth quarter valued at about $228,000. Empowered Funds LLC lifted its holdings in Datadog by 7.0% in the first quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock worth $1,023,000 after purchasing an additional 672 shares during the period. Geneos Wealth Management Inc. lifted its holdings in Datadog by 17.6% in the first quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock worth $76,000 after purchasing an additional 115 shares during the period. Finally, Sivia Capital Partners LLC bought a new position in Datadog in the 2nd quarter valued at about $509,000. 78.29% of the stock is owned by institutional investors.
Insiders Place Their Bets In related news, Director Michael James Callahan sold 12,500 shares of the firm’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $267.47, for a total value of $3,343,375.00. Following the transaction, the director directly owned 14,996 shares in the company, valued at approximately $4,010,980.12. This trade represents a 45.46% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 53,912 shares of Datadog stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $257.24, for a total transaction of $13,868,322.88. Following the completion of the transaction, the chief technology officer owned 509,805 shares in the company, valued at $131,142,238.20. This trade represents a 9.56% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,396,309 shares of company stock valued at $317,712,002 in the last three months. Company insiders own 6.48% of the company’s stock.
Analysts Set New Price Targets DDOG has been the topic of several research analyst reports. Capital One Financial raised their target price on shares of Datadog from $217.00 to $268.00 and gave the company an “overweight” rating in a research note on Wednesday, June 17th. Canaccord Genuity Group upped their price target on shares of Datadog from $225.00 to $250.00 and gave the stock a “buy” rating in a research note on Wednesday, June 10th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $226.00 price objective on shares of Datadog in a report on Thursday, June 11th. Wall Street Zen upgraded shares of Datadog from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Finally, Wedbush assumed coverage on Datadog in a report on Monday, June 15th. They set a “neutral” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Datadog has an average rating of “Moderate Buy” and a consensus target price of $261.68.
Check Out Our Latest Research Report on Datadog
Datadog Price Performance Shares of DDOG opened at $245.77 on Thursday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40. The firm has a market cap of $87.48 billion, a PE ratio of 646.78, a PEG ratio of 25.91 and a beta of 1.54. The firm’s 50 day moving average price is $239.79 and its 200 day moving average price is $167.23. Datadog, Inc. has a twelve month low of $98.01 and a twelve month high of $278.70.
Datadog (NASDAQ:DDOG – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.51 by $0.09. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The company’s revenue for the quarter was up 32.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.46 earnings per share. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. As a group, research analysts expect that Datadog, Inc. will post 0.64 EPS for the current fiscal year.
About Datadog (Free Report)
Datadog (NASDAQ: DDOG) is a cloud-based monitoring and observability platform that helps organizations monitor, troubleshoot and secure their applications and infrastructure at scale. Its software-as-a-service offering collects and analyzes metrics, traces and logs from servers, containers, cloud services and applications to provide real-time visibility into system performance and health. Datadog’s platform is widely used by engineering, operations and security teams to reduce downtime, accelerate incident response and improve application reliability.
The company’s product suite includes infrastructure monitoring, application performance monitoring (APM), log management, real user monitoring (RUM), synthetic monitoring and network performance monitoring, along with security-focused products such as security monitoring and cloud SIEM.
Further Reading Five stocks we like better than Datadog Could Truth API Become Trump Media’s First Meaningful Revenue Driver? Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying Moog Is More Than a Missile Maker, and Wall Street Is Noticing A Boring Dividend Growth Strategy Becomes a Solid Defensive Play Want to see what other hedge funds are holding DDOG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Datadog, Inc. (NASDAQ:DDOG – Free Report).
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Wall Street expects a year-over-year increase in earnings on higher revenues when Exelon (EXC - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis energy company is expected to post quarterly earnings of $0.53 per share in its upcoming report, which represents a year-over-year change of +35.9%.
Revenues are expected to be $5.69 billion, up 4.8% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 3.91% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Exelon?For Exelon, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -14.56%.
On the other hand, the stock currently carries a Zacks Rank of #2.
So, this combination makes it difficult to conclusively predict that Exelon will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Exelon would post earnings of $0.89 per share when it actually produced earnings of $0.91, delivering a surprise of +2.25%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Exelon doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
An Industry Player's Expected ResultsAnother stock from the Zacks Utility - Electric Power industry, Entergy (ETR - Free Report) , is soon expected to post earnings of $1.05 per share for the quarter ended June 2026. This estimate indicates no change from the year-ago quarter. Revenues for the quarter are expected to be $3.56 billion, up 6.9% from the year-ago quarter.
The consensus EPS estimate for Entergy has been revised 1% higher over the last 30 days to the current level. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -9.77%.
When combined with a Zacks Rank of #3 (Hold), this Earnings ESP makes it difficult to conclusively predict that Entergy will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates two times.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Steven Madden (SHOO - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The earnings report, which is expected to be released on July 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis footwear and accessories retailer is expected to post quarterly earnings of $0.32 per share in its upcoming report, which represents a year-over-year change of +60%.
Revenues are expected to be $629.57 million, up 12.6% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Steven Madden?For Steven Madden, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +13.68%.
On the other hand, the stock currently carries a Zacks Rank of #2.
So, this combination indicates that Steven Madden will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Steven Madden would post earnings of $0.42 per share when it actually produced earnings of $0.45, delivering a surprise of +7.14%.
Over the last four quarters, the company has beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Steven Madden appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
The market expects Carpenter Technology (CRS - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis maker of stainless steels and special alloys is expected to post quarterly earnings of $3.03 per share in its upcoming report, which represents a year-over-year change of +37.1%.
Revenues are expected to be $847.78 million, up 12.2% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 3.74% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Carpenter?For Carpenter, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.
On the other hand, the stock currently carries a Zacks Rank of #1.
So, this combination makes it difficult to conclusively predict that Carpenter will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Carpenter would post earnings of $2.59 per share when it actually produced earnings of $2.77, delivering a surprise of +6.95%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Carpenter doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
The market expects Quaker Chemical (KWR - Free Report) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on July 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis specialty chemical company is expected to post quarterly earnings of $1.68 per share in its upcoming report, which represents a year-over-year change of -1.8%.
Revenues are expected to be $511.83 million, up 5.9% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.46% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Quaker Chemical?For Quaker Chemical, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.67%.
On the other hand, the stock currently carries a Zacks Rank of #2.
So, this combination makes it difficult to conclusively predict that Quaker Chemical will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Quaker Chemical would post earnings of $1.66 per share when it actually produced earnings of $1.63, delivering a surprise of -1.81%.
Over the last four quarters, the company has beaten consensus EPS estimates just once.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Quaker Chemical doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerAmong the stocks in the Zacks Chemical - Specialty industry, Sherwin-Williams (SHW - Free Report) , is soon expected to post earnings of $3.56 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +5.3%. This quarter's revenue is expected to be $6.62 billion, up 4.8% from the year-ago quarter.
Over the last 30 days, the consensus EPS estimate for Sherwin-Williams has remained unchanged. Nevertheless, the company now has an Earnings ESP of +0.94%, reflecting a higher Most Accurate Estimate.
When combined with a Zacks Rank of #2 (Buy), this Earnings ESP indicates that Sherwin-Williams will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Teledyne Technologies (NYSE:TDY) upbeat earnings for the second quarter on Wednesday.
The company reported quarterly earnings of $6.28 per share which beat the analyst consensus estimate of $5.80 per share. The company reported quarterly sales of $1.662 billion which beat the analyst consensus estimate of $1.579 billion.
Teledyne raised its FY2026 adjusted EPS guidance from $23.85-$24.15 to $24.45-$24.65 and also boosted its GAAP EPS guidance from $20.08-$20.44 to $20.73-$20.99.
Teledyne Technologies shares gained 0.6% to trade at $653.97 on Thursday.
These analysts made changes to their price targets on Teledyne Technologies following earnings announcement.
Needham analyst James Ricchiuti maintained the stock with a Buy and raised the price target from $735 to $750. Stifel analyst Jonathan Siegmann maintained the stock with a Buy and raised the price target from $750 to $775. Considering buying TDY stock? Here’s what analysts think:
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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.
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What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also 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.
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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.
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Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
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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.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.94% 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.
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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: Samsara Inc. (IOT - Free Report) Samsara provides a cloud-based Connected Operations Platform that enables organizations with physical operations to increase safety, efficiency, and sustainability. The platform unifies data from Internet-connected devices, third-party systems, and enterprise applications, delivering insights through a web dashboard, mobile apps, alerts, and automated workflows.
IOT is a #2 (Buy) on the Zacks Rank, with a VGM Score of B.
Momentum investors should take note of this Computer and Technology stock. IOT has a Momentum Style Score of B, and shares are up 6.7% over the past four weeks.
Five analysts revised their earnings estimate upwards in the last 60 days for fiscal 2027. The Zacks Consensus Estimate has increased $0.06 to $0.75 per share. IOT boasts an average earnings surprise of +41.4%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, IOT should be on investors' short list.
COLUMBIA, Md., July 23, 2026 (GLOBE NEWSWIRE) -- Tenable® Holdings, Inc. (NASDAQ: TENB), the exposure management company, today announced that it has joined Cisco’s SolutionsPlus program to offer its unified exposure management capabilities to Cisco customers. This partnership provides global enterprises with a fast, proven transition to an industry-leading exposure management platform without losing critical visibility into enterprise risk.
As a leader in open and connected AI-powered exposure management platforms, the Tenable One Exposure Management Platform delivers visibility, insight and action across the entire attack surface, empowering organizations to reduce risk with speed and precision.
Tenable One enables Cisco customers to gain immediate access to unified exposure data from Tenable native sensors, over 330 integrations and custom data sources, delivering the context needed for precise prioritization. Equipped with Tenable Hexa AI, the platform's agentic AI engine, Tenable One transforms exposure intelligence into coordinated, end-to-end action at machine speed. The secure migration path provides continuous coverage, eliminating the gap in organizations’ defenses that attackers target.
“Our partnership with Cisco offers Cisco Vulnerability Management customers a clear, modernization path to evolve their preemptive defenses,” said Ray Komar, vice president of Cloud and Technology Alliances, Tenable. “As customers transition to the Tenable One platform, they gain more than deep visibility and contextualized exposure insights, they gain a powerful risk reduction force that helps them stay ahead of attackers in the AI era.”
Tenable is dedicated to supporting Cisco customers’ smooth transition to Tenable One. Tenable Professional Services works with customers to accelerate deployment and integration, aligning with unique organizational needs and goals, and optimize services to maximize value and efficiency.
About Tenable
Tenable® is the exposure management company, exposing and closing the cybersecurity gaps that erode business value, reputation and trust. The company’s AI-powered exposure management platform radically unifies security visibility, insight and action across the attack surface, equipping modern organizations to protect against attacks from IT infrastructure to cloud environments to critical infrastructure and everywhere in between. By protecting enterprises from security exposure, Tenable reduces business risk for over 40,000 customers around the globe. Learn more at tenable.com.
Huntington Bancshares (HBAN - Free Report) reported $2.86 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 42%. EPS of $0.39 for the same period compares to $0.38 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $2.85 billion, representing a surprise of +0.22%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.39.
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 Huntington Bancshares performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency Ratio: 61.5% versus the two-analyst average estimate of 57.9%.Regulatory Tier 1 risk-based capital ratio: 11.3% versus 11.6% estimated by two analysts on average.Net charge-offs / Average total loans and leases: 0.3% versus 0.3% estimated by two analysts on average.Average Balance - Total earning assets: $258.6 billion compared to the $262.14 billion average estimate based on two analysts.Net Interest Margin (FTE): 3.2% versus the two-analyst average estimate of 3.2%.Tier 1 Leverage Ratio: 8.8% versus 8.8% estimated by two analysts on average.Wealth and asset management revenue: $134 million versus the two-analyst average estimate of $127 million.Customer deposit and loan fees: $128 million versus $118.01 million estimated by two analysts on average.Payments and cash management revenue: $204 million versus the two-analyst average estimate of $199.32 million.Net interest income - FTE: $2.07 billion versus the two-analyst average estimate of $2.11 billion.Mortgage banking income: $53 million versus $42.08 million estimated by two analysts on average.Capital markets and advisory fees: $140 million versus $137.46 million estimated by two analysts on average.View all Key Company Metrics for Huntington Bancshares here>>>
Shares of Huntington Bancshares have returned +3.9% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Key Takeaways QuantumScape added Honda while expanding PowerCo work on larger-format cells and its roadmap.First-half billings reached $21.8 million, topping full-year 2025 billings of $19.5 million.QS aims to double cell output in the second half as Eagle Line tool uptime exceeds 90%. QuantumScape Corporation (QS - Free Report) used its second-quarter 2026 earnings call to shift investor attention away from a simple quarterly loss figure and toward commercialization milestones, customer expansion and new end markets. Management’s message was that the company is broadening the path to scale while keeping its core automotive plans intact.
That framing mattered because the quarter combined a narrower-than-expected loss with several strategic updates, including a Honda partnership, revised PowerCo milestones and a formal push into AI data centers and defense.
QS Lands a New Automotive PartnerPresident, CEO and director Siva Sivaram put the new Honda partnership at the top of the call. He described it as a multi-year agreement covering automotive and other applications in Honda’s portfolio, and he framed the deal as the result of a demanding technical evaluation.
Management also said it amended the ongoing collaboration and licensing arrangement with Volkswagen PowerCo, with the updated scope tied to automotive cell development, larger-format cells and the future technology roadmap.
Beyond Honda and PowerCo, Sivaram said QS is working with two other top-10 auto OEMs under joint development agreements and shipped cells to an additional automotive OEM during the quarter. That kept the automotive story centered on customer count, technical progress and paid relationships rather than near-term revenues.
QS Keeps the Financial Message NarrowChief financial officer Kevin Hettrich said second-quarter GAAP operating expenses were $106.1 million and GAAP net loss was $98.2 million, while adjusted EBITDA loss was $64.2 million. The company reported second-quarter loss of 16 cents per share, narrower than the Zacks Consensus Estimate of a loss of 18 cents.
Hettrich reiterated full-year 2026 adjusted EBITDA loss guidance of $250 million to $275 million. He also lowered capital expenditure guidance to $27 million to $37 million from prior expectations, citing capital discipline and savings on specific projects.
Customer billings were another focus. Hettrich said second-quarter billings reached $10.8 million and first-half 2026 billings totaled $21.8 million, already above full-year 2025 billings of $19.5 million. He emphasized that billings can be lumpy, but management clearly wants investors tracking commercial traction through this metric.
QuantumScape Broadens the Addressable MarketQuantumScape also formalized three verticals: QSEV for electric vehicles, QSDC for AI data centers and QSAS for advanced solutions such as aerospace and defense. Sivaram said the same underlying technology stack can serve multiple markets, with different go-to-market models layered on top.
The AI data center pitch centered on rising rack power demands and the move toward 800-volt DC architectures. Management said QSDC is already working with original design manufacturers and data center architects on QSE-5-based solutions.
On the defense side, QSAS shipped QSE-5 cells to a major American defense prime. In Q&A, Sivaram added that advanced solutions also cover medical devices and consumer electronics, showing the company wants this unit to be a broader commercialization channel beyond autos.
QS Puts Eagle Line at the CenterThe Eagle Line remained the core operational proof point. Sivaram said the automated pilot line in San Jose is now showing core tool uptime above 90%, while key productivity metrics are meeting targets and sample shipments are ramping.
Management said it aims to double cell output again in the second half of 2026. That target matters because Eagle Line serves three functions at once: producing more customer samples, speeding process learning, and providing the manufacturing template for future scale-up and technology transfer.
In the analyst Q&A, Sivaram repeatedly tied future milestones, especially with PowerCo, back to Eagle Line execution. He said progress there is what determines how quickly QuantumScape can transfer its process to partners for larger-scale production.
QuantumScape Highlights Safety and RoadmapAnother notable management theme was safety. QuantumScape said broader testing on QSE-5 continued to support its argument that the cell design is safer than both conventional and next-generation lithium-ion approaches, with results spanning nail penetration, external short circuit, and thermal stability up to 300 degrees Celsius.
The company also pointed to progress on larger-area separators produced with its Cobra process. Management presented that as evidence that the technology can move beyond the current QSE-5 format toward higher-capacity cells with better packaging efficiency.
Analyst questions reinforced that these roadmap items now sit closer to the center of the PowerCo relationship. Sivaram said larger-format cells and advanced roadmap elements are part of the milestone set now guiding joint work.
QuantumScape Leaves Investors With a Broader PitchThe clearest takeaway from the call was that management wants QuantumScape judged on expanding commercialization options, not just on a single automotive timetable. Sivaram’s prepared remarks and Q&A answers consistently linked autos, AI infrastructure and defense to one common need: better batteries backed by a scalable production system.
At the same time, management did not back away from existing automotive goals. On Q&A, Sivaram said the 2029 production target tied to PowerCo remains unchanged, leaving the quarter’s message as one of addition rather than strategic replacement.
Zacks Signals Remain CautiousQS currently carries a Zacks Rank #4 (Sell), along with a Value Score of F, Growth Score of B, Momentum Score of A and VGM Score of C. Under the Zacks framework, the rank is the primary signal, while Style Scores work best as a complement rather than a substitute.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
That combination points to mixed style characteristics, with stronger growth and momentum traits offset by weak value measures, but the rank keeps the overall signal cautious. The Zacks framework also notes that the rank can change as earnings estimate revisions adjust after results, so that assessment is not fixed.
Key Takeaways QuantumScape narrowed its Q2 loss as operating expenses fell 14.1% year over year.QS expanded automotive ties with Honda and Volkswagen while working with four top-10 automakers.Eagle Line productivity improved, while 2026 capex guidance fell to $27-$37 million from $40-$60 million. QuantumScape Corporation (QS - Free Report) reported second-quarter 2026 loss of 16 cents per share, narrower than the Zacks Consensus Estimate of a loss of 18 cents. The company delivered an earnings surprise of 11.1%. The company had incurred a loss of 20 cents per share a year earlier.
QuantumScape did not report GAAP revenues. The quarter featured lower operating expenses, improving Eagle Line productivity and $10.8 million in customer billings. The company also expanded its automotive relationships and established business verticals targeting electric vehicles, AI data centers, aerospace and defense.
QS Narrows Loss as Operating Expenses DeclineGAAP net loss narrowed 14.4% year over year to $98.24 million from $114.70 million. Total operating expenses fell 14.1% to $106.13 million, supporting the improvement in the bottom line.
Research and development expenses declined 18.4% to $82.53 million. General and administrative expenses increased 5.3% to $23.59 million. Interest income was $8.36 million, down from $8.94 million in the prior-year quarter.
QuantumScape Builds Automotive PartnershipsThe company announced a multi-year partnership with Honda to advance its solid-state lithium-metal battery technology for automotive and other applications. The agreement followed an extensive evaluation of QuantumScape’s technology and adds another top-10 global automaker to its customer portfolio.
QS also updated its collaboration and licensing arrangement with Volkswagen Group’s PowerCo. The revised milestones focus on automotive cell development, larger-format cells and QuantumScape’s future technology roadmap. The company is working with four top-10 automakers and shipped cells to another automotive customer during the quarter.
QS Eagle Line Ramps Sample ProductionQuantumScape continued to ramp the Eagle Line, its automated pilot production line in San Jose. Core tools achieved uptime above 90%, while key productivity measures reached management’s targets. The company is increasing cell volumes and shipping samples to customers.
QS aims to double cell output further in the second half of 2026. Higher production is expected to accelerate customer shipments, shorten development cycles and provide a foundation for transferring manufacturing processes to future high-volume facilities. QS continues to work with Murata Manufacturing and Corning on scaling ceramic separator production through the Cobra process.
QuantumScape Targets New High-Value MarketsThe company created three business verticals. QSEV will focus on electric vehicles, QSDC will pursue AI data centers, and QSAS will address advanced applications such as aerospace and defense.
QSDC is working with original design manufacturers and data center architects on solutions based on the QSE-5 platform. QSAS shipped QSE-5 cells to a major U.S. defense contractor and is engaging other aerospace and defense customers. Management believes the technology’s energy density, power capability and safety profile can support these markets.
QS Advances Safety and Larger-Format CellsIncreased Eagle Line output enabled broader safety testing of QSE-5 cells. Testing included nail penetration, external short circuits and thermal stability at temperatures up to 300 degrees Celsius. Management said the larger test set replicated findings from earlier prototypes.
The company also demonstrated that its Cobra process can produce larger ceramic separators. Larger-format cells can improve packaging efficiency and raise cell-level energy density, while giving QS greater flexibility to meet varying customer requirements.
QuantumScape Lowers Capital Spending OutlookAdjusted EBITDA loss was $64.19 million compared with a loss of $63.01 million a year earlier. QuantumScape maintained its full-year 2026 adjusted EBITDA loss guidance of $250-$275 million.
Capital expenditures totaled $4.62 million, down 46.2% from $8.59 million in the prior-year quarter. QS lowered its 2026 capex guidance to $27-$37 million from $40-$60 million, reflecting capital discipline and savings on specific projects.
QS Maintains Strong Liquidity PositionNet cash used in operating activities improved to $56.75 million from $61.84 million a year ago. Customer billings totaled $21.8 million during the first half of 2026, surpassing the $19.5 million recorded for all of 2025.
QuantumScape ended June with $859 million in liquidity, comprising $132.87 million in cash and cash equivalents and $726.13 million in marketable securities. The balance sheet provides funding as the company scales the Eagle Line, develops larger-format cells and pursues commercialization across its three business verticals.
QS currently carries a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Key Releases From Auto SpaceGeneral Motors Company (GM - Free Report) reported second-quarter 2026 adjusted earnings of $3.57 per share, up 41.3% year over year. The figure beat the Zacks Consensus Estimate of $3.13 by 14.06%. Revenues increased 1.9% to $48.03 billion and surpassed the consensus estimate of $46.56 billion by 3.15%. Strong pricing, lower costs and disciplined incentives supported results. General Motors raised its full-year adjusted EBIT guidance to $14-$16 billion from $13.5-$15.5 billion. Adjusted earnings are now projected at $12-$14 per share, up from the prior range of $11.50-$13.50.
Autoliv (ALV - Free Report) reported second-quarter 2026 adjusted earnings of $2.43 per share, which increased 10% year over year and came above the Zacks Consensus Estimate of $2.34 by 3.85%. Net sales rose 3.3% to $2.80 billion, topping the consensus estimate of $2.76 billion by 1.45%. Autoliv maintained its 2026 guidance for roughly flat organic sales, an adjusted operating margin of 10.5-11% and operating cash flow of around $1.2 billion. Autoliv’s capital expenditure, net, is expected to remain below 5% of sales.
Genuine Parts (GPC - Free Report) reported second-quarter 2026 adjusted earnings of $2.15 per share, beating the Zacks Consensus Estimate of $2.10 by 2.38%. The bottom line increased 2.4% from $2.10 in the year-ago quarter. Revenues rose 6% year over year to $6.54 billion and surpassed the consensus estimate of $6.39 billion by 2.36%. Genuine Parts reaffirmed its 2026 adjusted earnings guidance of $7.50-$8 per share and total sales growth outlook of 3-5.5%. Genuine Parts ended June with $2.3 billion of liquidity, including $559 million in cash.
Old Republic International (ORI - Free Report) came out with quarterly earnings of $0.76 per share, missing the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.83 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -1.30%. A quarter ago, it was expected that this insurance underwriter would post earnings of $0.79 per share when it actually produced earnings of $0.68, delivering a surprise of -13.92%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Old Republic, which belongs to the Zacks Insurance - Multi line industry, posted revenues of $2.33 billion for the quarter ended June 2026, missing the Zacks Consensus Estimate by 1.85%. This compares to year-ago revenues of $2.22 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.
Old Republic shares have lost about 8.9% since the beginning of the year versus the S&P 500's gain of 9.6%.
What's Next for Old Republic?While Old Republic 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 Old Republic 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 $0.77 on $2.47 billion in revenues for the coming quarter and $2.95 on $9.66 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, Insurance - Multi line 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.
One other stock from the same industry, MetLife (MET - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 5.
This insurer is expected to post quarterly earnings of $2.36 per share in its upcoming report, which represents a year-over-year change of +16.8%. The consensus EPS estimate for the quarter has been revised 1% higher over the last 30 days to the current level.
MetLife's revenues are expected to be $19.38 billion, up 8.1% from the year-ago quarter.
The market expects Huntington Ingalls (HII - Free Report) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis shipbuilder is expected to post quarterly earnings of $3.79 per share in its upcoming report, which represents a year-over-year change of -1.8%.
Revenues are expected to be $3.15 billion, up 2.1% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.03% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Huntington Ingalls?For Huntington Ingalls, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.12%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Huntington Ingalls will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Huntington Ingalls would post earnings of $3.7 per share when it actually produced earnings of $3.79, delivering a surprise of +2.43%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Huntington Ingalls doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
An Industry Player's Expected ResultsAnother stock from the Zacks Aerospace - Defense industry, General Dynamics (GD - Free Report) , is soon expected to post earnings of $3.95 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +5.6%. Revenues for the quarter are expected to be $13.49 billion, up 3.4% from the year-ago quarter.
The consensus EPS estimate for General Dynamics has been revised 0.1% lower over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +1.61%.
When combined with a Zacks Rank of #2 (Buy), this Earnings ESP indicates that General Dynamics will most likely beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success.
One of our most popular services, Zacks Premium offers 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 like the Earnings ESP filter. All are useful tools to find what stocks to buy, what to sell, and what are today's hottest industries.
Also included in Zacks Premium is the Focus List. This is a long-term portfolio of top stocks that have all the traits to beat the market.
Breaking Down the Zacks Focus ListIf you could, wouldn't you jump at the chance for access to a curated list of stocks to kickstart your investing journey?
That's what the Zacks Focus List offers. It's a portfolio of 50 stocks that serve as a starting point for long-term investors to build their individual portfolios. The stocks included in the list are set to outperform the market over the next 12 months.
One thing that makes the Focus List even more advantageous is that each pick comes with a full Zacks Analyst Report. This helps explain why each stock was selected and why we believe it's a good pick for the long-term.
The portfolio's past performance only solidifies why investors should consider it as a starting point. For 2020, the Focus List gained 13.85% on an annualized basis compared to the S&P 500's return of 9.38%. Cumulatively, the portfolio has returned 2,519.23% while the S&P returned 854.95%. Returns are for the period of February 1, 1996 to March 31, 2021.
Focus List MethodologyWhen stocks are picked for the Focus List, it reflects our enduring reliance on the power of earnings estimate revisions.
Earnings estimates, or expectations of growth and profitability, come from brokerage analysts who track publicly traded companies; these analysts work together with company management to analyze every aspect that may affect future earnings, like interest rates, the economy, and sector and industry optimism.
Earnings estimate revisions are very important, since investors also need to take into consideration what a company will earn in the future.
Stocks that receive upward earnings estimate revisions are more likely to receive even more upward changes in the future. For example, if an analyst raised their estimates last month, they're more likely to do it again this month, and other analysts are likely to do the same.
Harnessing the power of earnings estimate revisions is where the Zacks Rank comes in. The Zacks Rank, which is a unique, proprietary stock-rating model, employs earnings estimate revisions to make it easier to build a winning portfolio.
Four primary factors make up the Zacks Rank: Agreement, Magnitude, Upside, and Surprise. Each is given a raw score that's recalculated every night and compiled into the Rank, and with this data, stocks are then classified into five groups, ranging from "Strong Buy" to "Strong Sell."
The Focus List is comprised of stocks hand-picked from a long list of #1 (Strong Buy) or #2 (Buy) ranked companies, meaning that each new addition boasts a bullish earnings consensus among analysts.
Since stock prices respond to revisions, it can be very profitable to buy stocks with rising earnings estimates. By buying Focus List stocks, then, you're likely getting into companies whose future earnings estimates will be raised, potentially leading to price momentum.
Focus List Spotlight: Smucker (SJM - Free Report) The J. M. Smucker Company, headquartered in Orrville, Ohio, is a leading marketer and manufacturer of branded food and beverage products and pet food and pet snacks in North America. The company's operations are primarily U.S.-based, with additional international activities, principally in Canada.
Since being added to the Focus List on August 29, 2024 at $114.73 per share, shares of SJM have increased 2.89% to $118.05. The stock is currently a #3 (Hold) on the Zacks Rank.
Six analysts revised their earnings estimate upwards in the last 60 days for fiscal 2027. The Zacks Consensus Estimate has increased $0.25 to $9.95. SJM boasts an average earnings surprise of 1.5%.
Moreover, analysts are expecting SJM's earnings to grow 8.7% for the current fiscal year.
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Labcorp Holdings (LH - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis medical laboratory operator is expected to post quarterly earnings of $4.79 per share in its upcoming report, which represents a year-over-year change of +10.1%.
Revenues are expected to be $3.72 billion, up 5.4% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.11% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Labcorp?For Labcorp, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.71%.
On the other hand, the stock currently carries a Zacks Rank of #2.
So, this combination indicates that Labcorp will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Labcorp would post earnings of $4.09 per share when it actually produced earnings of $4.25, delivering a surprise of +3.91%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Labcorp appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has ArcBest (ARCB - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
ArcBest is a member of our Transportation group, which includes 110 different companies and currently sits at #1 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. ArcBest is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for ARCB's full-year earnings has moved 39.3% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, ARCB has gained about 114.8% so far this year. In comparison, Transportation companies have returned an average of 18.2%. This means that ArcBest is performing better than its sector in terms of year-to-date returns.
Another stock in the Transportation sector, JB Hunt (JBHT - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 50.4%.
In JB Hunt's case, the consensus EPS estimate for the current year increased 6.4% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Breaking things down more, ArcBest is a member of the Transportation - Truck industry, which includes 12 individual companies and currently sits at #7 in the Zacks Industry Rank. This group has gained an average of 49.1% so far this year, so ARCB is performing better in this area. JB Hunt is also part of the same industry.
ArcBest and JB Hunt could continue their solid performance, so investors interested in Transportation stocks should continue to pay close attention to these stocks.
Valley National (VLY - Free Report) came out with quarterly earnings of $0.3 per share, missing the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.23 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -3.23%. A quarter ago, it was expected that this holding company for Valley National Bank would post earnings of $0.27 per share when it actually produced earnings of $0.29, delivering a surprise of +7.41%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Valley National, which belongs to the Zacks Banks - Northeast industry, posted revenues of $562.1 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.83%. This compares to year-ago revenues of $496.28 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.
Valley National shares have added about 24.3% since the beginning of the year versus the S&P 500's gain of 9.6%.
What's Next for Valley National?While Valley National 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 Valley National 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 $0.34 on $570.28 million in revenues for the coming quarter and $1.30 on $2.27 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Northeast 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, The Bancorp (TBBK - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on July 30.
This holding company for The Bancorp Bank is expected to post quarterly earnings of $1.36 per share in its upcoming report, which represents a year-over-year change of +7.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
The Bancorp's revenues are expected to be $166.7 million, down 8% from the year-ago quarter.
For the quarter ended June 2026, Valley National (VLY - Free Report) reported revenue of $562.1 million, up 13.3% over the same period last year. EPS came in at $0.30, compared to $0.23 in the year-ago quarter.
The reported revenue represents a surprise of +1.83% over the Zacks Consensus Estimate of $552.02 million. With the consensus EPS estimate being $0.31, the EPS surprise was -3.23%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Valley National performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Interest Margin: 3.2% versus 3.2% estimated by four analysts on average.Annualized ratio of total net charge-offs to total average loans: 0.2% versus the four-analyst average estimate of 0.2%.Efficiency Ratio: 52.1% versus the four-analyst average estimate of 52.7%.Average Balance - Total interest earning assets: $61.06 billion compared to the $60.69 billion average estimate based on four analysts.Total risk-based capital ratio: 13.8% compared to the 13.6% average estimate based on two analysts.Tier 1 risk-based capital ratio: 11.4% compared to the 11.6% average estimate based on two analysts.Total non-accrual loans: $462.63 million compared to the $430.49 million average estimate based on two analysts.Total Non-performing Assets: $467.78 million versus $437.47 million estimated by two analysts on average.Service charges on deposit accounts: $18.73 million versus $18.12 million estimated by four analysts on average.Bank owned life insurance: $5.91 million versus the four-analyst average estimate of $5.31 million.Gains on sales of loans, net: $1.74 million compared to the $2.79 million average estimate based on four analysts.Wealth management and trust fees: $17.66 million versus $16.27 million estimated by four analysts on average.View all Key Company Metrics for Valley National here>>>
Shares of Valley National have returned -0.6% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
3 high-yielding, small banks to buy on the dipValley National Bancorp NASDAQ: VLY reported second-quarter 2026 earnings that management said reflected continued progress in deposit gathering, relationship-based lending, fee income growth and operating efficiency.
Chief Executive Officer Ira Robbins said the bank generated “strong customer deposit growth,” including meaningful gains in non-interest-bearing balances, while loan growth remained concentrated in commercial and industrial lending and owner-occupied commercial real estate. The company reported net income of approximately $171 million, or $0.29 per diluted share. Excluding certain non-core items, adjusted net income was approximately $173 million, or $0.30 per diluted share.
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S&P Downgrades 5 Banks: What Does It Mean For The Market?Robbins said adjusted pre-provision net revenue rose 6% from the prior quarter and reached 1.64% of average assets, which he said was the highest level since the fourth quarter of 2022.
Deposits and Lending Drive Growth Chief Financial Officer Travis Lan said direct customer deposits increased $1.1 billion during the quarter. That included nearly $300 million of non-interest-bearing deposit growth, $200 million of interest-bearing non-maturity deposits and $600 million of retail certificates of deposit.
Analysts Remain Bullish On These 3 Regional BanksLan said Valley also used $200 million of incremental brokered deposits to fund a temporary timing mismatch tied to strong loan growth. The company also rotated nearly $700 million of floating-rate NOW balances into brokered CDs within its indirect deposit portfolio. Total deposit costs were effectively unchanged from the first quarter and remained below the 2.67% level from a year earlier, according to Lan.
Loans increased $1.6 billion during the quarter, or about 13% on an annualized basis. Lan said growth continued to focus on C&I and owner-occupied CRE loans, with strength in New York, Florida and Illinois, as well as the company’s healthcare vertical. Regulatory CRE, which excludes owner-occupied loans, grew less than $100 million during the quarter.
Valley’s CRE concentration ratio declined to approximately 317% at June 30 from 329% at March 31. Lan attributed the decline to organic capital generation and the company’s May 2026 subordinated debt issuance.
Net Interest Income and Fee Income Improve Net interest income on a tax-equivalent basis increased to $488 million, up approximately $16 million from the first quarter and $55 million from the year-earlier period. Net interest margin expanded three basis points from the prior quarter to 3.20% and was up 19 basis points from the second quarter of 2025.
Lan said the increase reflected higher average loan balances and higher yields on new loan originations and investment securities. Those benefits were partly offset by the cost of carrying excess subordinated debt between Valley’s issuance of $500 million in May and the redemption of $300 million of callable notes in June, which he estimated reduced net interest income by about $2 million.
Non-interest income increased $4.9 million to $73.7 million and represented more than 13% of total revenue. The sequential increase was driven primarily by a $2.6 million rise in capital markets revenue and a $1.6 million increase in wealth management and trust fees. Lan said fee growth reflected higher transaction volumes in loan participations and syndications, as well as tax credit advisory services.
Management said fee income is expected to move toward the higher end of Valley’s previously announced 6% to 9% growth range for 2026. During the question-and-answer session, Lan said interest rate swap income within capital markets was “slightly elevated” in the quarter due to strong commercial real estate originations, potentially by $1 million to $2 million, but said other fee categories continued to show growth opportunities.
Expense Discipline and AI Strategy in Focus Reported non-interest expense was $311 million, up approximately $1 million from the first quarter. Adjusted non-interest expense increased by $5 million, as lower compensation costs were offset by higher FDIC expense, third-party spending tied to operational transformation efforts and incremental costs related to growth and fee income results.
Valley’s efficiency ratio improved to 52.1% from 53.1% in the first quarter and 55.2% a year earlier. Lan said management expects the efficiency ratio to continue improving as revenue grows and expenses remain controlled.
Robbins highlighted technology and artificial intelligence as priorities for scaling the franchise. He said banks that effectively adopt AI could potentially lower efficiency ratios by around 500 basis points over time. Robbins pointed to Valley Ventures, the company’s international and technology banking business, and its relationship with Bank Leumi in Israel as structural advantages supporting its AI strategy.
In response to an analyst question, Robbins said Valley is already seeing returns from AI-related efforts. Lan said the company has generated about $15 million of savings in the expense run rate against approximately $3 million to $4 million of new AI-associated expenses, including headcount and vendor spending.
Lan also said Valley continues to expect its efficiency ratio to be 50% or lower as it exits 2026, with further improvement possible beyond that. Robbins said the company’s guidance for reaching a 15% return on tangible common equity around the beginning of 2028 remains unchanged and does not rely on AI benefits to achieve that target.
Credit Trends Show Mixed Signals Valley reported a modest increase in non-accrual and past due loans during the quarter, but management emphasized improvement in criticized and classified assets. Lan said criticized and classified assets declined to 7.3% of total loans from 8.1% in the prior quarter and 9.0% a year earlier.
Mark Saeger, executive vice president and chief credit officer, said improvements in CRE reflected upgrades and payoffs tied to assets that had been in transition or lease-up. He said the company is seeing positive progress in office lease-up and that Valley expects continued positive movement in criticized assets.
Net charge-offs totaled $22 million, or 17 basis points of average loans, compared with $18 million, or 14 basis points, in the first quarter. The provision for credit losses on loans was $29 million, up from $21 million in the prior quarter. Lan said the higher provision was due in part to strong loan growth, particularly in C&I loans. The allowance for credit losses declined to 1.16% of total loans from 1.18% at March 31.
Outlook Remains Positive Lan said Valley is maintaining its “strong outlook” for 2026 based on first-half results and continued business momentum. The bank now expects gross loan growth at or somewhat above the high end of its range, while fee income is expected to trend toward the high end of its prior range. Deposit growth and net interest income guidance were unchanged from the upward revision provided on the prior quarter’s call.
Valley returned approximately $81 million to shareholders during the quarter through common dividends and the repurchase of 1.5 million shares. Lan said buyback activity was lower because of exceptional loan growth and that the company will continue to adjust repurchases based on near-term loan growth expectations.
Robbins said Valley’s priorities remain focused on growing core deposits, deepening commercial relationships, generating more diversified loan and fee income growth, and improving operating efficiency. He said management expects continued execution in those areas to support stronger returns over time.
About Valley National Bancorp (NASDAQ:VLY)Valley National Bancorp NASDAQ: VLY is a regional bank holding company headquartered in Wayne, New Jersey, offering a comprehensive suite of commercial and consumer banking products and services. Through its banking subsidiary, Valley National Bank, the company provides deposit accounts, residential and commercial lending, mortgage services, treasury and cash management, foreign exchange and trade finance solutions. Complementary wealth management and insurance offerings round out its financial services platform, catering to individual, small-business and corporate clients.
Tracing its roots to the establishment of Wayne National Bank in 1927, Valley has grown into one of the largest banks in New Jersey by both assets and deposit share.
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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Valley National Bancorp (VLY) Q2 2026 Earnings Call July 23, 2026 8:30 AM EDT
Company Participants
Andrew Jianette - Investor Relations Executive
Ira Robbins - President, CEO & Chairman
Travis Lan - Senior Executive VP & CFO
Mark Saeger - Executive Vice President
Conference Call Participants
Feddie Strickland - Hovde Group, LLC, Research Division
Christopher McGratty - Keefe, Bruyette, & Woods, Inc., Research Division
David Smith - Truist Securities, Inc., Research Division
Timur Braziler - UBS Investment Bank, Research Division
Matthew Breese - Stephens Inc., Research Division
Sun Young Lee - TD Cowen, Research Division
Presentation
Operator
Good day, and thank you for standing by. Welcome to Q2 2026 Valley National Bancorp Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. I would now like to turn the call over to Andrew Jianette. Please go ahead.
Andrew Jianette
Investor Relations Executive
Good morning, and welcome to Valley's Second Quarter 2026 Earnings Conference Call. I am joined today by CEO, Ira Robbins; and CFO, Travis Lan. Our quarterly earnings release and supporting documents are available at valley.com. Reconciliations of any non-GAAP measures mentioned on the call can be found in today's earnings release and presentation.
Please also note Slide 2 of our earnings presentation and remember that comments made today may include forward-looking statements about Valley National Bancorp and the banking industry, and actual results may differ from those statements. For more information on these forward-looking statements and associated risk factors, please refer to our SEC filings, including Forms 8-K, 10-Q and 10-K. With that, I'll turn the call over to Ira Robbins.
Ira Robbins
President, CEO & Chairman
Thank you, Andrew. Our second quarter results illustrate continued progress against our strategic growth priorities. We delivered strong customer deposit growth, including meaningful growth in noninterest-bearing balances. We generated diverse loan growth concentrated in C&I and owner-occupied commercial
Ryder (R - Free Report) came out with quarterly earnings of $3.73 per share, beating the Zacks Consensus Estimate of $3.7 per share. This compares to earnings of $3.32 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +0.81%. A quarter ago, it was expected that this truck leasing company would post earnings of $2.29 per share when it actually produced earnings of $2.54, delivering a surprise of +10.92%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Ryder, which belongs to the Zacks Transportation - Equipment and Leasing industry, posted revenues of $3.35 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.14%. This compares to year-ago revenues of $3.19 billion. The company has topped consensus revenue estimates just once 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.
Ryder shares have added about 44.4% since the beginning of the year versus the S&P 500's gain of 9.6%.
What's Next for Ryder?While Ryder 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 Ryder 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 $4.23 on $3.36 billion in revenues for the coming quarter and $14.73 on $13.22 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, Transportation - Equipment and Leasing is currently in the bottom 31% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Freightcar America (RAIL - Free Report) , has yet to report results for the quarter ended June 2026.
This rail car maker is expected to post quarterly earnings of $0.01 per share in its upcoming report, which represents a year-over-year change of -90.9%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Freightcar America's revenues are expected to be $109.92 million, down 7.3% from the year-ago quarter.
LOS ANGELES, July 23, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against AeroVironment, Inc. (“AeroVironment” or “the Company”) (NASDAQ: AVAV) 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.
Investors who purchased the Company’s securities between June 25, 2025 and March 10, 2026, inclusive (the “Class Period”), are encouraged to contact the firm before July 27, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 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.
According to the Complaint, the Company made false and misleading statements to the market. AeroVironment downplayed the threat of competition related to its work with the U.S. Space Force's Satellite Communication Augmentation Resource ("SCAR") program. 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 AeroVironment, investors suffered damages.
Join the case to recover your losses
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335 [email protected]
, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against AeroVironment, Inc. ("AeroVironment" or the "Company") (NASDAQ: AVAV) and certain officers. The class action, filed in the United States District Court for the Eastern District of Virginia, and docketed under 26-cv-01429, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired AeroVironment securities between June 25, 2025 and March 10, 2026, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are an investor who purchased or otherwise acquired AeroVironment securities during the Class Period, you have until July 27, 2026, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
[Click here for information about joining the class action]
AeroVironment operates as a defense technology provider delivering integrated capabilities across air, land, sea, space, and cyber.
On May 1, 2025, AeroVironment announced it had completed the acquisition of BlueHalo, LLC ("BlueHalo"), a defense technology firm specializing in advanced engineering products, in an all-stock transaction with an enterprise value of approximately $4.1 billion.
Three years earlier, BlueHalo had been awarded a $1.4 billion contract to deliver BADGER phased array antenna systems (a type of advanced ground-terminal system used to track satellites), to support the United States Space Force's Satellite Communication Augmentation Resource ("SCAR") program. The BADGER would be a bespoke product designed for the United States ("U.S.") Space Force, according to its specifications. This contract value subsequently increased to $1.7 billion.
The SCAR program represents the U.S. Space Force's efforts to modernize antennas used by the Satellite Control Network ("SCN"), which is comprised of 19 fixed antennas across the world and executes tasks such as tracking satellites, transmitting signals, and conducting telemetry, or accessing data from satellites to assess their status and health.
In an April 2023 report, the U.S. Government Accountability Office described the SCN as "aging and difficult to maintain." The U.S. Space Force has described the purpose of the SCAR program as modernizing the aging SCN by introducing phased array antennas to the network that boast newer capabilities, such as the ability to communicate with more than one satellite simultaneously.
During the Class Period, Defendants consistently assured investors that the SCAR program would drive revenue growth for AeroVironment moving forward. Among other items, Defendants stated that the SCAR program represented a "tremendous growth opportunity," that AeroVironment's work pursuant to the contract was "very much on track," that the customer was "asking for more [BADGER systems]," and that the Company stood "ready to build more."
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force's ongoing efforts to modernize the SCN; (ii) accordingly, Defendants overstated AeroVironment's business and financial prospects; and (iii) as a result, Defendants' public statements were materially false and misleading at all relevant times.
On January 20, 2026, AeroVironment announced that the U.S. government had issued a stop work order on the Company's agreement to deliver BADGER systems to the SCAR program. In the same announcement, AeroVironment stated that the stop work order "allows for the parties to negotiate an amended agreement for the future of the SCAR program" and that "[t]he Company expects to continue to deliver capabilities and products for the SCAR program."
On this news, AeroVironment's stock price fell $61.97 per share, or 15.77%, to close at $330.89 per share on January 20, 2026.
Then, on March 2, 2026, Space News reported that the U.S. Space Force was reopening the SCAR program and "reassessing how to move forward." Space News quoted Colonel Owen Stevens, director of contracting at the Space Rapid Capabilities Office, which supervised SCAR, as stating, "We have been in conversations with the [senior acquisition executive] for a little while now, and we are going to move into a new acquisition strategy for SCAR."
On this news, AeroVironment's stock price fell $43.93 per share, or 17.42%, to close at $208.32 per share on March 2, 2026.
Then, on March 10, 2026, AeroVironment announced its financial results for the third quarter of fiscal year 2026. Among other items, AeroVironment reported a third-quarter operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025. These financial results reflected the impact of a $151.3 million goodwill impairment in the Company's space division after the stop work order on the Company's BADGER systems built for the SCAR program. AeroVironment also reported that the U.S. Space Force had terminated the Company's contract concerning the SCAR program, and as a result, it would have to "recompete" for the SCAR program.
On this news, AeroVironment's stock price fell $13.84 per share, or 6.24%, to close at $207.73 per share on March 11, 2026.
On March 31, 2026, the U.S. Space Force announced its decision to diversify suppliers and rely on less costly commercial, off-the-shelf solutions in connection with its work to upgrade the SCN, instead of pursuing another single-vendor bespoke solution.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered billions of dollars in damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
Notice to Pension Funds, Asset Managers, and Fiduciaries Holding AeroVironment Positions: Alleged Misrepresentations About the $1.7 Billion SCAR Contract May Trigger Fiduciary Review Obligations
, /PRNewswire/ -- Institutional investors holding positions in AeroVironment, Inc. (NASDAQ: AVAV) during the period between June 25, 2025 and March 10, 2026 may wish to evaluate lead plaintiff opportunities in a pending securities class action. Contact us to learn more about institutional recovery options. You may also contact Joseph E. Levi, Esq. at [email protected] or (888) SueWallSt.
AVAV shares declined from $392.86 before the first corrective disclosure to $207.73 after the third, a peak-to-trough loss exceeding 47%. The lead plaintiff deadline is July 27, 2026.
Notice to Institutional Holders
Pension funds, mutual funds, hedge funds, and registered investment advisors that held AVAV shares between June 25, 2025 and March 10, 2026 should assess whether fiduciary obligations require evaluation of this litigation. The lawsuit contends that AeroVironment and certain of its officers — Wahid Nawabi, Kevin P. McDonnell, and Mary Clum — made materially misleading statements about the Company's largest contract, the $1.7 billion Satellite Communication Augmentation Resource ("SCAR") program, while the U.S. Space Force was moving toward a multi-vendor acquisition strategy that ultimately resulted in contract termination.
Institutional holders with concentrated defense-sector exposure may have experienced amplified portfolio impact from the three successive corrective disclosures between January and March 2026.
ERISA and Fiduciary Considerations
For ERISA-governed plans that held AVAV in participant-directed accounts or as part of a managed portfolio, the corrective disclosure sequence raises potential monitoring questions. The allegations center on whether plan fiduciaries had access to the same public statements that the lawsuit claims were misleading, including management's repeated characterization of SCAR as a growth driver and a "$1 billion franchise" through December 2025, approximately six weeks before the stop work order.
Fiduciary Obligations and Recovery Options
Institutional investors with the largest documented losses are best positioned for lead plaintiff appointment under the PSLRA Lead plaintiffs gain direct oversight of litigation strategy, settlement negotiations, and counsel selection Serving as lead plaintiff carries no additional financial obligation; counsel fees are paid from any recovery Fiduciaries may have an affirmative duty to investigate recovery options on behalf of beneficiaries when portfolio losses stem from alleged securities fraud Institutional lead plaintiffs historically achieve larger recoveries per share than retail-led actions Multiple corrective events over 50 days created a complex damages profile that benefits from sophisticated loss analysis Contact us for institutional recovery options or call (888) SueWallSt.
Portfolio Impact Assessment
The three-stage corrective disclosure sequence complicates loss calculations. Institutions that purchased shares after the September 30, 2025 Investor Open House, where management touted SCAR as central to future growth, and held through the January 20, 2026 stop work order announcement, face distinct damages from those that purchased after January 20 and held through the March 10, 2026 contract termination and $151.3 million goodwill impairment disclosure. Professional loss analysis can help quantify recoverable damages across these tranches.
"Institutional investors play a critical role in securities class actions. Their participation strengthens the litigation and ensures that the class is represented by shareholders with substantial interests and the resources to oversee complex proceedings like this one," stated Joseph E. Levi, Esq.
Case Summary
The action alleges AeroVironment understated the likelihood that the U.S. Space Force would shift away from a single-vendor strategy for the SCAR program, causing the Company's securities to trade at artificially inflated prices throughout the Class Period. Three corrective disclosures between January and March 2026 revealed the stop work order, the Space Force's decision to reopen the program to competing vendors, and the ultimate contract termination accompanied by a $151.3 million goodwill impairment and $179.0 million quarterly operating loss.
WHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
Frequently Asked Questions About the AVAV Lawsuit
Q: Who is eligible to join the AVAV investor lawsuit? A: Investors who purchased AVAV stock or securities between June 25, 2025 and March 10, 2026 and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses, not on whether you still hold the shares.
Q: What is the AVAV lead plaintiff deadline? A: The deadline to apply for lead plaintiff appointment is July 27, 2026. This deadline applies only to investors seeking to serve as lead plaintiff. Class members who do not apply may still participate in any recovery without taking action before this date.
Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class. Lead plaintiffs are typically investors with the largest documented losses. Being appointed does not increase individual recovery but gives direct oversight of how the case is run.
Q: What documents do I need to make a claim? A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.
Q: What if I already sold my AVAV shares, can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.
Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. You submit a claim form to receive your portion of recovery.
Q: Can I join a different law firm's lawsuit instead? A: Multiple firms often file competing complaints. The court consolidates and appoints a single lead counsel. Contacting Levi & Korsinsky before July 27, 2026 ensures your losses are considered.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (888) SueWallSt
Fax: (212) 363-7171
Attorney Advertising. Prior results do not guarantee similar outcomes.
Bank of New York Mellon Corp lowered its stake in shares of Valmont Industries, Inc. (NYSE:VMI – Free Report) by 1.8% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 153,379 shares of the industrial products company’s stock after selling 2,871 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.79% of Valmont Industries worth $61,286,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in VMI. Invesco Ltd. grew its position in shares of Valmont Industries by 8.3% during the 3rd quarter. Invesco Ltd. now owns 422,997 shares of the industrial products company’s stock valued at $164,009,000 after acquiring an additional 32,382 shares during the period. Geode Capital Management LLC lifted its stake in Valmont Industries by 3.5% in the fourth quarter. Geode Capital Management LLC now owns 369,059 shares of the industrial products company’s stock valued at $148,509,000 after purchasing an additional 12,480 shares during the last quarter. Sei Investments Co. grew its holdings in Valmont Industries by 3.1% during the third quarter. Sei Investments Co. now owns 290,948 shares of the industrial products company’s stock valued at $112,809,000 after purchasing an additional 8,715 shares during the period. AQR Capital Management LLC grew its holdings in Valmont Industries by 118.8% during the third quarter. AQR Capital Management LLC now owns 282,610 shares of the industrial products company’s stock valued at $108,884,000 after purchasing an additional 153,418 shares during the period. Finally, Vaughan Nelson Investment Management L.P. increased its position in Valmont Industries by 3.7% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 252,605 shares of the industrial products company’s stock worth $100,933,000 after buying an additional 9,130 shares during the last quarter. Hedge funds and other institutional investors own 87.84% of the company’s stock.
Analyst Ratings Changes A number of equities research analysts recently issued reports on the company. Wall Street Zen upgraded Valmont Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 18th. Zacks Research lowered shares of Valmont Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday. Stifel Nicolaus lifted their target price on shares of Valmont Industries from $645.00 to $678.00 and gave the stock a “buy” rating in a research note on Monday. JPMorgan Chase & Co. boosted their price target on shares of Valmont Industries from $600.00 to $620.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, Oppenheimer set a $600.00 price target on shares of Valmont Industries and gave the company an “outperform” rating in a research note on Thursday, May 28th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Valmont Industries has a consensus rating of “Moderate Buy” and an average target price of $587.00.
Get Our Latest Stock Report on VMI
Valmont Industries Trading Down 3.4% Valmont Industries stock opened at $487.94 on Thursday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.59 and a current ratio of 2.35. Valmont Industries, Inc. has a fifty-two week low of $352.60 and a fifty-two week high of $585.71. The stock has a market cap of $9.47 billion, a P/E ratio of 19.00, a PEG ratio of 1.17 and a beta of 1.33. The firm’s fifty day moving average price is $539.13 and its 200-day moving average price is $477.68.
Valmont Industries (NYSE:VMI – Get Free Report) last posted its earnings results on Tuesday, July 21st. The industrial products company reported $6.14 EPS for the quarter, topping the consensus estimate of $5.80 by $0.34. Valmont Industries had a return on equity of 25.57% and a net margin of 11.70%.The business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same period in the previous year, the business earned $4.88 earnings per share. The firm’s revenue was up 6.5% on a year-over-year basis. Equities research analysts forecast that Valmont Industries, Inc. will post 22.82 earnings per share for the current fiscal year.
Valmont Industries Announces Dividend The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Friday, June 26th were paid a $0.77 dividend. This represents a $3.08 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Friday, June 26th. Valmont Industries’s dividend payout ratio (DPR) is currently 17.10%.
Insider Transactions at Valmont Industries In other Valmont Industries news, Director Mogens C. Bay sold 17,500 shares of Valmont Industries stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $492.34, for a total transaction of $8,615,950.00. Following the completion of the sale, the director directly owned 112,309 shares in the company, valued at $55,294,213.06. The trade was a 13.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.42% of the stock is currently owned by insiders.
Key Stories Impacting Valmont Industries Here are the key news stories impacting Valmont Industries this week:
Positive Sentiment: Valmont posted stronger-than-expected Q2 results, with EPS of $6.14 versus the consensus near $5.80 and revenue of $1.12 billion above estimates. Article: Valmont Industries (VMI) Tops Q2 Earnings and Revenue Estimates Positive Sentiment: Management raised its full-year 2026 sales and earnings outlook, helped by strength in utilities and coatings, which supports the longer-term investment case. Article: VMI Q2 Earnings Beat Estimates on Utility Strength, FY26 View Raised Neutral Sentiment: Analyst sentiment remains constructive overall, with JPMorgan raising its price target to $620 and keeping an overweight rating, suggesting Wall Street still sees upside from current levels. Article: JPMorgan Raises Valmont Industries Price Target Neutral Sentiment: However, Zacks Research downgraded Valmont to hold, reflecting a more cautious stance after the earnings move. Article: Zacks Research Downgrades Valmont Industries Negative Sentiment: Investors are still weighing weakness in agriculture and softer telecom demand, which may be tempering enthusiasm despite the earnings beat and guidance increase. Article: Valmont Industries slips as investors weigh a modest guidance raise against lingering weak spots Valmont Industries Profile (Free Report)
Valmont Industries, Inc (NYSE: VMI) is a diversified industrial manufacturer specializing in infrastructure and agricultural products. Headquartered in Omaha, Nebraska, the company engages in the design, production and distribution of engineered products that support water management, power transmission, lighting and traffic infrastructure. Valmont’s solutions range from center-pivot and lateral-move irrigation systems to utility poles, transmission towers, lighting structures and highway traffic signal support structures.
The company operates through several core business segments.
Further Reading Five stocks we like better than Valmont Industries Could Truth API Become Trump Media’s First Meaningful Revenue Driver? Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying Moog Is More Than a Missile Maker, and Wall Street Is Noticing A Boring Dividend Growth Strategy Becomes a Solid Defensive Play Want to see what other hedge funds are holding VMI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Valmont Industries, Inc. (NYSE:VMI – Free Report).
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The market expects Live Nation (LYV - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis ticket seller and concert promoter is expected to post quarterly earnings of $0.59 per share in its upcoming report, which represents a year-over-year change of +43.9%.
Revenues are expected to be $7.58 billion, up 8.1% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.53% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Live Nation?For Live Nation, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +31.57%.
On the other hand, the stock currently carries a Zacks Rank of #5.
So, this combination makes it difficult to conclusively predict that Live Nation will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Live Nation would post a loss of$0.27 per share when it actually produced a loss of -$0.32, delivering a surprise of -18.52%.
Over the last four quarters, the company has beaten consensus EPS estimates just once.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Live Nation doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Guardant Health (GH - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis provider of oncology testing services is expected to post quarterly loss of $0.40 per share in its upcoming report, which represents a year-over-year change of +9.1%.
Revenues are expected to be $316 million, up 36.2% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.52% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Guardant Health?For Guardant Health, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -4.48%.
On the other hand, the stock currently carries a Zacks Rank of #4.
So, this combination makes it difficult to conclusively predict that Guardant Health will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Guardant Health would post a loss of$0.47 per share when it actually produced a loss of -$0.45, delivering a surprise of +4.26%.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Guardant Health doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Mettler-Toledo (MTD - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis maker of precision instruments is expected to post quarterly earnings of $10.78 per share in its upcoming report, which represents a year-over-year change of +6.8%.
Revenues are expected to be $1.03 billion, up 5% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Mettler-Toledo?For Mettler-Toledo, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.
On the other hand, the stock currently carries a Zacks Rank of #2.
So, this combination makes it difficult to conclusively predict that Mettler-Toledo will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Mettler-Toledo would post earnings of $8.7 per share when it actually produced earnings of $8.91, delivering a surprise of +2.41%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Mettler-Toledo doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Key Takeaways Microchip offers faster growth, higher margins and a lower valuation, strengthening its investment case.MCHP's fiscal 2027 and 2028 revenue estimates call for 32.3% and 18.2% year-over-year growth.Vishay faces higher material costs and limited pricing tailwinds that could restrain margin expansion. Vishay Intertechnology, Inc. (VSH - Free Report) and Microchip Technology Incorporated (MCHP - Free Report) are established U.S. semiconductor companies serving industrial, automotive and embedded electronics markets, but they operate in different areas of the chip industry.
Vishay is known for its discrete semiconductors and passive components, while Microchip focuses on microcontrollers, analog chips and embedded control solutions. Both companies are benefiting from improving demand across industrial automation, electric vehicles and artificial intelligence (AI) infrastructure.
However, differences in their profitability, growth outlook and valuation make one stock stand out as the stronger investment opportunity today. Let’s delve deeper.
Vishay: Growth Momentum Is ImprovingThe company's multi-year Vishay 3.0 transformation is now translating into stronger operating performance. The strategy focuses on expanding manufacturing capacity, broadening the product portfolio, improving customer engagement and increasing technical support, enabling Vishay to capture more business across growing markets.
The benefits became visible in the first quarter of 2026. Revenues increased 17.3% year over year to $839.2 million, exceeding management's guidance. Growth was broad-based across every end market, every sales channel and all three major geographic regions. Volume increased 5.8%, supported by stronger customer demand, inventory replenishment and continued market-share gains.
AI-related demand remains one of the strongest growth engines. VSH continues receiving orders for high-voltage MOSFETs, polymer capacitors, current-sense resistors and magnetics used in AI servers, networking equipment and power management systems. Management expects AI-related revenues in 2026 to be well above last year's level, helped by expanding customer relationships and additional design wins.
Vishay also reported a healthy book-to-bill ratio of 1.34, including 1.47 for semiconductors, while the backlog expanded 21% to $1.6 billion, representing 5.7 months of sales visibility. These numbers indicate that demand continues to outpace shipments, providing a favorable setup for future revenue growth. The Zacks Consensus Estimate for Vishay’s 2026 and 2027 revenues indicates year-over-year growth of 16.7% and 10.4%, respectively.
Vishay Revenue Estimates
Image Source: Zacks Investment Research
However, Vishay still faces challenges. It continues to face higher metals and materials costs, which management cited as a headwind that must be offset by volume and manufacturing efficiencies. Average selling prices, including tariff adders, declined 1.1% versus the prior quarter, showing limited pricing tailwind in the early stages of the upcycle. Inventory write-offs for obsolescence were $11.1 million in the first quarter, and inventories rose to $791 million as raw materials and work in process increased with higher metal prices and buffer stock builds. If costs stay elevated while pricing remains competitive, margin expansion can lag revenue growth.
Microchip: Stronger Fundamentals Support Long-Term GrowthMicrochip has entered a stronger recovery phase. The company’s fourth-quarter fiscal 2026 revenues increased 35.1% year over year to $1.31 billion, beating expectations. Non-GAAP gross margin reached 61.6% from 52% in the year-ago quarter, while non-GAAP earnings jumped more than fivefold to 57 cents per share. Management is expecting another quarter of double-digit sequential revenue growth in the first quarter of fiscal 2027.
Microchip is also benefiting from growing AI and data center demand. Its expanding portfolio of PCIe Gen 6 switches, retimers, storage controllers and memory controllers is generating new design wins that should support future growth.
Microchip continues to lean on long-cycle aerospace and defense programs and a broad FPGA roadmap. During the last earnings call, management highlighted that the strongest sales performance in the fourth quarter was aerospace and defense, while FPGA products were the strongest business unit performer.
Microchip’s radiation-tolerant FPGA solutions are positioned for power-sensitive platforms, and the company has also introduced cost-optimized FPGA offerings aimed at lowering system cost without sacrificing security. The PolarFire 2 device is expected to launch later in 2026, with initial sample runs already allocated and demand extending beyond aerospace and defense. Security controllers and post-quantum-ready capabilities further support adoption in regulated and high-reliability applications.
Microchip’s strong financial performance is likely to continue as depicted for the Zacks Consensus Estimate for its fiscal 2027 and 2028 revenues. The consensus mark for the company’s fiscal 2027 and 2028 revenues indicates a year-over-year rise of 32.3% and 18.2%, respectively. The expected top-line growth rates are significantly higher than Vishay’s.
Microchip Revenue Estimates
Image Source: Zacks Investment Research
VSH vs. MCHP: Earnings Estimate Revision TrendBoth companies are benefiting from an improving demand scenario across the industrial, automotive and embedded electronics markets, but analysts appear more optimistic about Microchip's earnings outlook.
Over the past 60 days, analysts have raised the Zacks Consensus Estimate for Microchip's fiscal 2027 and 2028 earnings by 1.62% and 1.78%, respectively. These meaningful upward revisions reflect growing confidence that MCHP’s growing AI opportunities will continue to support earnings growth.
Microchip Earnings Estimates Revision
Image Source: Zacks Investment Research
On the contrary, estimates for Vishay’s 2026 and 2027 earnings have remained unchanged over the past 60 days. Estimate revision trends for both companies suggest that analysts currently see stronger earnings momentum at Microchip.
Vishay Earnings Estimates Revision
Image Source: Zacks Investment Research
Valuation: Microchip Has the Edge Over VishayVishay has been the stronger stock performer this year, with shares soaring 175.3% year to date compared with Microchip's 33.2% gain. However, that rally has pushed VSH's valuation higher.
Vishay currently trades at a forward P/E of 33.5X, while Microchip trades at a more attractive 25X. Given Microchip's healthier earnings momentum and growing AI opportunities, its lower valuation makes it the more appealing choice.
Conclusion: MCHP Seems a Better BetBoth companies are well-positioned to benefit from the semiconductor industry's recovery, but Microchip offers the stronger overall investment case. Vishay's turnaround is encouraging, but higher metal and materials costs along with limited pricing tailwinds could limit profitability gains.
Microchip combines stronger earnings momentum, higher margins, expanding AI exposure and a cheaper valuation. These advantages make Microchip the better semiconductor stock to buy right now.
Microchip currently carries a Zacks Rank #2 (Buy), making it a better investment bet than Vishay, which has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Dutch Bros (BROS - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.
Dutch Bros is one of 187 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #4 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Dutch Bros is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for BROS' full-year earnings has moved 3.6% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, BROS has moved about 6.1% on a year-to-date basis. At the same time, Retail-Wholesale stocks have lost an average of 0.1%. This means that Dutch Bros is performing better than its sector in terms of year-to-date returns.
Williams-Sonoma (WSM - Free Report) is another Retail-Wholesale stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 24.5%.
Over the past three months, Williams-Sonoma's consensus EPS estimate for the current year has increased 2%. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Dutch Bros is a member of the Retail - Restaurants industry, which includes 36 individual companies and currently sits at #209 in the Zacks Industry Rank. On average, stocks in this group have lost 1.5% this year, meaning that BROS is performing better in terms of year-to-date returns.
Williams-Sonoma, however, belongs to the Retail - Home Furnishings industry. Currently, this 10-stock industry is ranked #80. The industry has moved -6.1% so far this year.
Investors interested in the Retail-Wholesale sector may want to keep a close eye on Dutch Bros and Williams-Sonoma as they attempt to continue their solid performance.
Albertsons Companies, Inc. (NYSE: ACI) today announced that Sharon McCollam, the company's President and Chief Financial Officer plans to retire later this ye
Albertsons® Companies, Inc. (NYSE: ACI) today announced a new regional operating model and the next step in its Merch United merchandising model, two connected changes designed to simplify how the company operates and position teams to respond more quickly to customer needs.
“We call it the ACI Edge. It combines the scale and capabilities of a national retailer with the accountability and local focus that have long distinguished our banners,” said Susan Morris, Chief Executive Officer of Albertsons Cos. “By consolidating 11 divisions into four regions and centralizing center store merchandising, we can make faster decisions, improve in-stocks and move accountability closer to our stores, where fresh, service and local execution matter most to customers.”
The new operating model will move the company from 11 divisions to four regions. Each region will include local markets focused on strengthening customer connections, supporting stores and driving results in their communities.
The California Region will include the Southern California and Northern California markets. The West Region will include the Mountain West, Portland and Seattle markets. The South Region will include the Southwest, Southern and United markets. The East Region will include the Jewel-Osco, Mid-Atlantic and Shaw’s markets.
The company is also advancing Merch United by centralizing center store merchandising, bringing customer insights, supplier relationships, strategy, product, placement, promotion and price under a single enterprise team while continuing to combine national scale with local expertise. Merch United combines the buying power, data and analytics of a national retailer with the customer focus and local insights of Albertsons Cos.' market teams.
“Center store centralization is an important next step in Merch United and in how we build a stronger, more connected merchandising organization,” said Michelle Larson, Executive Vice President and Chief Merchandising Officer of Albertsons Cos. “By bringing center store work together at the enterprise level, we can better leverage our scale, strengthen supplier partnerships and create more capacity for our regional and market teams to focus on fresh, local and the customer needs that make each community unique.”
Fresh merchandising decisions will remain in the markets and continue to be guided by the Merch United strategy, local customer preferences and market needs. Regional and market teams will continue to play an essential role in serving customers, supporting stores and delivering locally relevant experiences.
There are no plans to realign stores or districts as part of this transition. The company’s banners will continue serving customers with the local identity, history and community connections that have made them trusted shopping destinations.
Ultimately, these changes are intended to improve how Albertsons Cos. serves customers. A simpler operating structure, combined with the company's growing data and AI capabilities, will help teams respond more quickly to customer needs, improve in-stock performance and deliver a more consistent experience across stores and digital channels.
About Albertsons Companies
Albertsons Companies is a leading food and drug retailer in the United States. As of June 20, 2026, the Company operated 2,240 retail stores with 1,708 in-store pharmacies, 408 associated fuel centers, 22 dedicated distribution centers and 19 manufacturing facilities. The Company operates stores across 35 states and the District of Columbia under 22 well known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw's, ACME, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen, Carrs, Kings Food Markets and Balducci's Food Lovers Market. The Company is committed to helping people across the country live better lives by making a meaningful difference, neighborhood by neighborhood. In 2025, along with the Albertsons Companies Foundation, the Company contributed $497 million in food and financial support, including $56 million through its Nourishing Neighbors Program, to ensure those living in its communities and those impacted by disasters have enough to eat.
Albertsons, Safeway, Vons, Jewel-Osco, Tom Thumb, Randalls, United Supermarkets, Pavilions, Haggen and Balducci's Food Lovers Market are registered trademarks of Albertsons Companies Inc. or its subsidiaries. ACME, Carrs, Kings Food Markets, Shaw's, and Star Market are trademarks of Albertsons Companies Inc. or its subsidiaries. Albertsons associated logos, product names and services are trademarks of Albertsons Companies, Inc. All other trademarks are the property of their respective owners.
Important Notice Regarding Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the federal securities laws. The "forward-looking statements" include our current expectations, assumptions, perspectives and projections about our business and our industry. You can identify forward-looking statements by the use of words such as "outlook," "may," "should," "could," "estimates," "predicts," "potential," "continue," "anticipates," "believes," "plans," "expects," "future" and "intends" and similar expressions which are intended to identify forward-looking statements. The forward-looking statements are based on the Company’s current expectations and involve risks and uncertainties which are beyond our control and difficult to predict and could cause actual results to differ materially from the results expressed or implied by the statements. In evaluating our forward-looking statements, you should carefully consider the risks and uncertainties more fully described in the “Risk Factors” section or other sections in our reports filed with the SEC including the most recent annual report on Form 10-K and any subsequent periodic reports on Form 10-Q and current reports on Form 8-K and available at the SEC’s website at www.sec.gov.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260723720139/en/
