Fresh export financing and a booming AI power business should be reasons to celebrate, yet fuel cell stocks are getting crushed anyway. Here is what is rattling investors and what it means for the group heading into Plug Power's earnings…
Fuel cell stocks are giving back ground on a risk-off day, and fresh financing news isn’t protecting one fuel cell maker from the selling. FuelCell Energy (NASDAQ:FCEL) stock is at $10.77, down 12%, as the afternoon unfolds. That price sits well below the $12.18 prior close, set on the day the company announced it had completed an export financing package.
The pressure extends across the group. Bloom Energy (NYSE:BE) is slipping even though its AI power business is growing rapidly. Plug Power (NASDAQ:PLUG) is lower too. Big tech is dragging on the market as well, with the Invesco QQQ Trust (NASDAQ:QQQ) down 4% after this week’s major tech earnings reports.
FuelCell Energy Wraps Up Its $49 Million EXIM Package FuelCell Energy made an announcement on October 29. It had completed the second tranche of its $49 million financing backed by the Export-Import Bank of the United States (EXIM). An approximately $24.7 million balance, before fees, completed the package EXIM approved in June. Proceeds support delivery of five 2.8-megawatt FuelCell Energy Blocks to Gyeonggi Green Energy in South Korea, a site with nearly 60 MW of installed capacity.
According to FuelCell Energy, more than 90% of its supply chain comes from the U.S., and its global installed base is approaching one gigawatt. Chief Financial Officer Matt Latino called the deal a proof point for matching the right capital to the right opportunity.
Good company news often gets ignored when a whole speculative corner of the market sells off. The financing also funds an existing Korean project, so it adds little to FuelCell’s data center story or its $3.6 billion backlog of committed and awarded capacity. Over the past month, FuelCell Energy stock has fallen 36%.
Bloom Energy and Plug Power Fall With the Group Bloom Energy stock is at $200.14, down 10%, a smaller decline than FuelCell’s. On its October 22 earnings call, Bloom shared an update. The first power block at a 300 MW site in Vineland, New Jersey, for AI cloud provider Nebius Group (NASDAQ:NBIS | NBIS Price Prediction) was ready for customer use. “We will not be the bottleneck,” CEO K.R. Sridhar said.
AI cloud and neocloud stocks are selling off on worries about hyperscaler spending, and Bloom is caught in the same downdraft. During the past month, Bloom Energy stock has fallen 31%, a smaller drop than FuelCell’s.
Plug Power stock is at $1.36, down 4%. The hydrogen fuel cell company trades at a low share price and has an earnings report coming up. Across the past month, Plug shares are down 29%, the smallest decline of the three.
How the Three Fuel Cell Business Models Differ FuelCell Energy builds carbonate fuel cells packaged as megawatt-scale energy blocks for behind-the-meter power, while Bloom sells solid oxide Energy Servers that its CEO calls a standard for onsite AI power, and it now turns a profit.
Hydrogen anchors Plug Power’s model, which covers forklift fuel cells for warehouses, electrolyzers and the fuel itself, and that mix leaves Plug less tied to AI demand than its two rivals.
Why High-Beta Clean Energy Stocks Swing Harder Beta measures how much a stock moves compared with the overall market, and a reading above one means bigger swings in both directions. Speculative clean energy names like FuelCell Energy tend to carry high betas because their valuations rest on future growth rather than steady current profits.
On volatile days, investors often sell richly valued or unprofitable stocks first, and this week’s jitters over hyperscaler spending have hit anything tied to the AI expansion. For long-term savers, even a modest slice of a portfolio in these stocks can produce oversized swings.
What Comes Next for FuelCell Energy and Its Fuel Cell Peers Plug Power’s upcoming earnings report will be a key test, since management has targeted positive earnings before interest, taxes, depreciation, amortization and stock-based compensation (EBITDAS) in Q4 2026. FuelCell Energy faces a different question: whether data center proposals turn into signed contracts as production ramps up.
Supporters point to the shortage of electricity. Bloom lifted its full-year revenue outlook to $4.4 billion to $4.6 billion, and FuelCell calls its factory expansion fully funded. Skeptics may note that FuelCell Energy is still losing money and has issued many new shares, while Plug Power keeps working to shore up its cash position. Tighter financing for capital-intensive clean energy firms would add pressure, so traders may want to watch for changes in credit conditions alongside hyperscaler spending commentary.
Some conservative investors may prefer modest position sizes until the hyperscaler spending debate resolves. Plug Power’s report could offer the first fresh read on how the group is holding up.
Contact [email protected] for any questions or corrections.
Key Takeaways Coty's Q1 revenues are expected to decline 2.9% to $1.5B, while EPS is projected to remain flat at 12 cents.COTY may face weakness across Prestige and Consumer Beauty amid selective consumer spending and competition.Coty's profitability may face pressure from lower shipment volumes, inventory costs and tariffs. Coty Inc. (COTY - Free Report) is likely to register a decline in the top line when it reports first-quarter fiscal 2027 earnings on Nov. 4. The Zacks Consensus Estimate for revenues is pegged at $1.5 billion, indicating a decrease of 2.9% from the prior-year reported figure.
The consensus mark for earnings has remained unchanged at 12 cents per share over the past 30 days, in line with the prior-year reported figure. COTY delivered a trailing four-quarter negative earnings surprise of 47.4%, on average.
Things to Know About COTY’s Upcoming ResultsCoty is likely to have witnessed pressured top-line performance in the fiscal first quarter, reflecting continued challenges across its Prestige and Consumer Beauty businesses. On its fiscal fourth-quarter earnings call, management guided for like-for-like revenues to decline a low-to-mid-single-digit percentage in the fiscal first quarter. The timing of customer orders and unfavorable year-over-year comparisons might have contributed to the weakness in sales. Our model suggests like-for-like revenues to slip 2.7% in the first quarter of fiscal 2027.
The operating environment is likely to have remained mixed during the quarter. While consumer demand for fragrances and cosmetics has remained resilient, increasingly selective spending and intense competition might have constrained Coty's performance. In Prestige, innovation across BOSS Bottled Beyond, Calvin Klein Euphoria Elixirs and Marc Jacobs Beauty makeup, alongside expanded Sephora distribution, is likely to have provided some support. However, continued weakness across smaller fragrance lines might have limited growth.
Consumer Beauty is likely to have remained challenged, although improving trends across Sally Hansen, CoverGirl and Rimmel might have provided some relief. Coty's Color the Future initiative, emphasizing focused product innovation, stronger marketing support and streamlined assortments, is likely to have aided execution. Meanwhile, increased consumer engagement, AI-enabled content capabilities and more targeted brand investments might have supported efforts to improve retail performance.
On the margin front, Coty anticipates adjusted gross margin to decline 50-100 basis points year over year in the fiscal first quarter. Lower shipment volumes, unfavorable cost absorption, elevated inventory-related expenses and tariff pressures are likely to have weighed on profitability. However, productivity savings, procurement efficiencies and tighter cost controls under the Coty.Curated framework might have partially offset these headwinds. Management projects a low-teens percentage decline in adjusted EBITDA.
Earnings Whispers for COTY StockOur proven model does not predict an earnings beat for Coty this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here.
Coty has a Zacks Rank #4 and an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Some Stocks With a Favorable CombinationHere are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings this reporting cycle.
BJ’s Wholesale Club Holdings, Inc. (BJ - Free Report) has an Earnings ESP of +2.54% and currently carries a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for BJ’s Wholesale Club’s upcoming quarter’s earnings per share is pegged at 1.22 cents, implying 5.2% year-over-year growth. The consensus estimate for BJ’s Wholesale Club’s quarterly revenues is pegged at $5.9 billion, which indicates an increase of 11.1% from the figure reported in the prior-year quarter. BJ has a trailing four-quarter earnings surprise of 4.8%, on average.
Sysco Corporation (SYY - Free Report) currently has an Earnings ESP of +2.46% and a Zacks Rank of 3. The Zacks Consensus Estimate for Sysco’s upcoming quarter’s earnings per share is pegged at $1.17, which implies a 1.7% increase year over year.
The consensus estimate for Sysco’s quarterly revenues is pegged at $22.2 billion, which indicates a surge of 4.9% from the figure reported in the prior-year quarter. SYY delivered a trailing four-quarter earnings surprise of around 1%, on average.
General Mills, Inc. (GIS - Free Report) currently has an Earnings ESP of +0.26% and a Zacks Rank of 3. The Zacks Consensus Estimate for General Mills’ upcoming quarter’s EPS is pegged at 96 cents, implying a 12.7% year-over-year decrease.
The Zacks Consensus Estimate for quarterly revenues is pegged at $4.7 billion, which indicates a decrease of 2.8% from the figure reported in the prior-year quarter. GIS has a trailing four-quarter earnings surprise of 3.6%, on average.
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.
Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.
Below, we take a look at Elevance Health (ELV - Free Report) , a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.
It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Elevance Health currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.
You can see the current list of Zacks #1 Rank Stocks here >>>
Set to Beat the Market?Let's discuss some of the components of the Momentum Style Score for ELV that show why this health insurer shows promise as a solid momentum pick.
Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.
For ELV, shares are up 2.73% over the past week while the Zacks Medical Services industry is up 1.19% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 10.57% compares favorably with the industry's 0.73% performance as well.
While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of Elevance Health have increased 7.82% over the past quarter, and have gained 31.08% in the last year. In comparison, the S&P 500 has only moved 5.74% and 13.12%, respectively.
Investors should also pay attention to ELV's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. ELV is currently averaging 1,349,678 shares for the last 20 days.
Earnings OutlookThe Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with ELV.
Over the past two months, 5 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost ELV's consensus estimate, increasing from $27.19 to $28.12 in the past 60 days. Looking at the next fiscal year, 5 estimates have moved upwards while there have been 1 downward revision in the same time period.
Bottom LineGiven these factors, it shouldn't be surprising that ELV is a #2 (Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Elevance Health on your short list.
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) today announced the closing of its inaugural HomeXpress securitization backed by residential non-qualified mortgage (“NQM”) loans. The transaction, issued as PRISM 2026-HX1, is the first under Prism, Chimera's newly-established conduit for residential mortgage loans acquired from its residential mortgage origination subsidiary, HomeXpress Mortgage Corp. (“HomeXpress”), as well as third parties. PRISM 2026-HX1 is collateralize.
Key Takeaways Yum! Brands is set to report Q3 results on Nov. 3, with revenues expected to rise 3.9%.KFC's international expansion, menu innovation and digital engagement are expected to support sales growth.Taco Bell U.S. faces traffic and margin pressures from food safety concerns and promotional spending. Yum! Brands, Inc. (YUM - Free Report) is scheduled to report third-quarter 2026 results on Nov. 3, before the opening bell.
YUM’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, the average surprise being 3.6%.
Trend in the Estimate Revision of YUMThe Zacks Consensus Estimate for third-quarter earnings per share (EPS) is pegged at $1.47, indicating a decline of 7% from $1.58 reported in the year-ago quarter.
For revenues, the consensus mark is pegged at $2.06 billion. The metric indicates a rise of 3.9% from the year-ago quarter’s figure.
Let us take a look at how things might have shaped up in the quarter to be reported.
Factors Likely to Shape YUM’s Quarterly ResultsKFC is likely to have been a key contributor to Yum! Brands' top-line growth in third-quarter 2026. The brand continues to benefit from strong demand for chicken, international expansion and menu innovation. Its performance in markets such as the United Kingdom, Japan, Korea and Brazil reflects the benefits of locally relevant offerings and promotional initiatives. The introduction of new chicken tenders, an expanded range of sauces and the Kwench beverage platform is expected to have strengthened menu appeal and encouraged customer spending. Additionally, continued restaurant expansion, particularly in emerging markets, and growing loyalty program penetration are likely to have supported system sales.
Yum! Brands' expanding international presence, growing digital business and continued restaurant development are likely to have supported its third-quarter top line. Taco Bell International has been gaining traction in markets such as the United Kingdom, India and Canada, with localized menu offerings and digital engagement supporting growth. Meanwhile, the company's digital capabilities, including its Byte platform, loyalty programs and first-party ordering channels, have been helping strengthen customer relationships and drive sales. KFC's aggressive restaurant expansion also remains an important growth driver, with management expecting the brand to deliver its best development year ever.
Yum! Brands' third-quarter profitability is likely to have been pressured by weaker sales trends at Taco Bell U.S. following the food safety-related industry issue that emerged in July. The resulting decline in customer traffic and restaurant sales volumes is expected to have hurt operating leverage. Management estimates Taco Bell's third-quarter 2026 equity restaurant-level margins at 19-21%, reflecting lower sales, promotional investments to rebuild consumer confidence and the higher concentration of company-owned restaurants in more affected markets. These factors are likely to have weighed on the company's bottom line.
What Our Model Says About YUM StockOur proven model does not conclusively predict an earnings beat for Yum! Brands this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, that is not the case here.
Earnings ESP for YUM: Yum! Brands has an Earnings ESP of -4.08%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Yum! Brands’ Zacks Rank: The company currently has a Zacks Rank #5 (Strong Sell).
Stocks With the Favorable CombinationHere are some stocks worth considering from the Zacks Retail-Wholesale sector that investors may consider, as our model shows that these have the right combination of elements to post an earnings beat.
Cracker Barrel Old Country Store (CBRL - Free Report) currently has an Earnings ESP of +350.01% and a Zacks Rank of 1. You can see the complete list of today’s Zacks #1 Rank stocks here.
In the to-be-reported quarter, Cracker Barrel’s earnings are expected to register a 100% year-over-year increase. CBRL’s earnings surpassed estimates in each of the trailing four quarters, with the average surprise being 228.6%.
Sweetgreen, Inc. (SG - Free Report) has an Earnings ESP of +4.26% and a Zacks Rank of 2 at present.
In the to-be-reported quarter, Sweetgreen’s earnings are expected to register a 3.7% year-over-year decline. SG’s earnings lagged estimates in each of the trailing four quarters, with the average miss being 43%.
El Pollo Loco Holdings, Inc. (LOCO - Free Report) currently has an Earnings ESP of +2.08% and a Zacks Rank of 3.
In the to-be-reported quarter, El Pollo Loco earnings are expected to decrease 11.1% year over year. LOCO’s earnings surpassed estimates in each of the trailing four quarters, with the average surprise being 16.8%.
Rivian Automotive shares RIVN rose on Friday after the electric vehicle maker reported better-than-expected third-quarter results and raised its full-year delivery guidance. Analysts highlighted the R2 electric SUV, improving production prospects, and the company's autonomous driving technology as potential growth drivers.
In the face of substantial tech selling following earnings from the Mag 7 and Intel (INTC), Tim Bohen with @Stockstotrade expects volatility to wane once polls for the midterm election close. As for his Big 3, he points to technical strength in Nasdaq (NDAQ), sees Amazon (AMZN) repeating a previously bullish pattern, and continues to name SanDisk (SNDK) as a strong AI memory stock.
Key Takeaways BP, XOM, COP and E offer low-beta exposure amid market volatility.ExxonMobil and ConocoPhillips benefit from elevated crude prices.BP's upstream expansion and Eni's LNG growth support long-term prospects. Uncertainty and fear continue to dominate the stock market as oil prices remain high amid Middle East tensions. Investors are also closely watching the upcoming U.S. midterm elections to assess how the results could influence stock market performance. With the market expected to remain highly volatile, it is advisable for investors to increase their allocation to low-beta stocks. Companies that seem good bets now are BP plc (BP - Free Report) , ExxonMobil Holdings Corporation (XOM - Free Report) , ConocoPhillips (COP - Free Report) and Eni S.p.A. (E - Free Report) .
What Does Beta of a Stock Measure?Beta measures the volatility or risk of a particular asset compared to the market. In other words, beta measures the extent of a security’s price movement relative to the market. In this article, we are considering the S&P 500 as the market.
If a stock has a beta of 1, then the price of the stock will move with the market. So, the stock is more volatile than the market if its beta is more than 1. In the same way, the stock is not as volatile as the market if its beta is less than 1.
For example, if the market offers a return of 20%, a stock with a beta of 3 will return 60%, which is overwhelming. Similarly, when the market slips 20%, the stock will sink 60%, which is devastating.
Screening Criteria Using Research Wizard:We have taken a beta between 0 and 0.6 as our prime criterion for screening stocks that are less volatile than the market. However, this should not be the only factor to be considered while selecting a winning strategy. We need to take into account other parameters that can add value to the portfolio.
Percentage Change in Price in the Last 4 Weeks Greater Than Zero: This ensures that the stocks saw positive price movement over the last month.
Average 20-Day Volume Greater Than 50,000: A substantial trading volume ensures that the stocks are easily tradable.
Price Greater Than or Equal to $5: They must all be trading at a minimum of $5 or higher.
Zacks Rank Equal to 1 (Strong Buy): Zacks Rank #1 stocks indicate that they will significantly outperform the broader U.S. equity market over the next one to three months. You can see the complete list of today’s Zacks #1 Rank stocks here.
Here are four of the 29 stocks that qualified:
BP
BP's upstream portfolio offers long-term growth potential, supported by its focus on developing oil and gas resources across key markets. The ramp-up of major projects and increased production from its U.S. onshore operations highlight its ability to strengthen underlying output. Moreover, BP's efforts to advance exploration and development opportunities in Trinidad and Tobago, Venezuela and the Gulf of America could expand its production base, improve future earnings potential and support long-term cash generation.
ExxonMobil
West Texas Intermediate (“WTI”) crude is trading at more than $100 per barrel. The high prices are being driven by intensifying conflicts in the Middle East. The U.S. Energy Information Administration in its latest short-term energy outlook projected WTI at $88.21 per barrel for this year, higher than $65.40 last year. A highly favorable oil pricing environment is likely to continue supporting ExxonMobil’s exploration and production activities, which generate the majority of its earnings.
ConocoPhillips
ConocoPhillips is also well-positioned to capitalize on the ongoing high crude pricing environment. This is because COP is a major upstream energy company with a strong presence in the Lower 48, comprising prolific plays like Delaware Basin, Midland Basin, Eagle Ford and Bakken.
Eni S.p.A.
E is well-positioned for long-term growth, supported by its expanding upstream portfolio, promising exploration prospects and disciplined capital allocation. The company's ongoing development projects across Africa, Asia and the Mediterranean are expected to strengthen its production base, while growing LNG operations could provide additional earnings opportunities.
Key Takeaways Cenovus Energy is set to report Q3 earnings on Nov. 4, with EPS expected to surge 132.7% year over year.Strong refining margins may boost CVE's Q3 results, but widening Canadian crude discounts could hurt earnings.CVE's growth projects target over 1M BOE/d by 2028, while its 5.83X EV/EBITDA signals a valuation discount. Cenovus Energy Inc. (CVE - Free Report) is set to report third-quarter 2026 results on Nov. 4, before the opening bell.
The Zacks Consensus Estimate for third-quarter earnings is pegged at $1.21 per share, implying an improvement of 132.7% from the year-ago reported number. It has witnessed two upward estimate revisions in the past 30 days.
The Zacks Consensus Estimate for third-quarter revenues is currently pegged at $11.7 billion, suggesting an improvement of 22.2% from the year-ago actuals.
CVE beat the consensus estimate for earnings in three of the trailing four quarters and met the estimate once, delivering an average surprise of 16.9%. This is depicted in the graph below:
Image Source: Zacks Investment Research
Earnings Whispers for CVEOur proven model doesn’t predict an earnings beat for CVE this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. That isn’t the case here.
The leading Canadian integrated energy player has an Earnings ESP of 0.00%. CVE currently carries a Zacks Rank #1.
You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
CVE’s Factors to NoteCenovus Energy is an integrated energy firm with exposure to both the upstream and downstream segments of the industry. The company’s upstream production is primarily focused on its Canadian oil sands assets, while its downstream footprint includes refining operations in Canada and the United States.
The company’s downstream operations are expected to have benefited from strong refining margins in the quarter. Refining margins are expected to have remained elevated in the third quarter due to continued tensions and supply disruptions in the Middle East. Moreover, low global light-product inventories and constrained refining capacity are expected to have supported refining fundamentals.
However, the Canadian energy firm’s upstream business is expected to have been affected by a widening Canadian crude discount. Cenovus’ production mainly consists of Canadian heavy oil, which has a high sulfur content and is usually priced against the Western Canadian Select (WCS) benchmark. The widening crude discount may have affected upstream realizations, thereby affecting its financial performance in the to-be-reported quarter. These factors are likely to have affected demand and pricing dynamics, potentially hampering the company’s quarterly performance.
Price Performance & ValuationCVE’s stock has soared 96.6% over the past year compared with the 96.9% growth of the composite stocks belonging to the industry. Suncor Energy (SU - Free Report) and Imperial Oil Ltd. (IMO - Free Report) , two other leading Canadian integrated energy players, have gained 101.4% and 46.4%, respectively.
Image Source: Zacks Investment Research
CVE appears to be trading relatively cheaper, at a trailing 12-month enterprise value to EBITDA (EV/EBITDA) of 5.83X, lower than the broader industry average of 6.59X, implying that the stock is currently trading at a discount. Suncor Energy and Imperial Oil are currently trading at a trailing 12-month EV/EBITDA of 6.24X and 9.81X, respectively.
Image Source: Zacks Investment Research
Investment Thesis of CVECenovus Energy’s integrated business model allows the energy player to hedge against volatility in the energy markets. CVE’s upstream production mainly comes from its oil sands assets in northern Alberta, which consist of heavy and bitumen-blend crude. Crude oil prices are extremely volatile and can fluctuate heavily based on macroeconomic conditions, geopolitical factors and more.
However, the company’s downstream infrastructure and its access to pipeline capacity provide a cushion that can offset the risk of Canadian heavy oil price dislocations. Access to midstream infrastructure allows CVE to move its heavy oil production to markets that support better pricing. The integrated nature of the business allows CVE to capture higher margins during periods of price volatility and positions it to withstand pricing dislocations while maintaining profitability.
In addition, CVE is pursuing growth projects, which include the expansion of Christina Lake North, Sunrise and Foster Creek optimization, and the offshore West White Rose Project. The company has a long runway of growth projects, which is expected to increase its total upstream production to more than 1 million barrels of oil equivalent per day by 2028.
SU and IMO: Integrated Energy Firms Have the Edge?Suncor Energy is a leading Canadian integrated energy player whose operations include oil sands development and upgrading, conventional and offshore crude oil and gas production, petroleum refining, and product marketing. The company’s integrated business model, spanning upstream production and downstream refining, provides resilience across commodity cycles, supporting profitability and cash flow generation. Moreover, SU’s refineries can process various crude slates, while its logistics network broadens product outlets. The company is expected to release its third-quarter earnings on Nov. 3.
Imperial Oil Limited is another leading integrated energy company headquartered in Canada. IMO’s operations span exploration and production, refining and a petrochemicals business. The company’s diversified business operations can cushion weakness in one segment and preserve cash generation through varying commodity market conditions. Notably, the U.S. oil giant Exxon Mobil holds an approximately 69.6% stake in the Canadian operator. The company reported its third-quarter earnings on Oct. 30.
Final WordCenovus’ refining operations are expected to benefit from tight refined product markets amid the prolonged conflict in the Middle East and low product inventories, which are expected to take time to replenish, supporting refining margins. CVE’s Christina Lake North expansion, Sunrise and Foster Creek optimization, and the West White Rose project are expected to have sustained production growth. The company’s integrated business model enables it to weather commodity pricing volatility and preserve profitability.
The company’s focus on production growth and its relatively cheaper valuation support its investment case. As such, investors may consider owning Cenovus Energy’s stock, which currently sports a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
Two monthly dividend REITs both raised guidance this year, but one is charging into data centers while the other is pulling back on deals to guard its balance sheet. Which strategy actually grows your retirement income over the next 25…
Realty Income (NYSE:O) and Agree Realty (NYSE:ADC) both send shareholders a dividend check every month, and both raised 2026 AFFO guidance in their latest reports. Realty Income is moving into data centers and private funds. Agree is cutting back on deals to protect its returns on U.S. retail property. For retirees, those two strategies shape how big each future check will be.
Realty Income Pays More Now While Agree Grows Faster AFFO (adjusted funds from operations) measures the cash a REIT collects from rent after ongoing costs. It’s the fairest yardstick for whether a REIT can afford its dividend. Agree paid out about 69% of AFFO per share in the third quarter, which leaves a real buffer. Realty Income’s $3.258 forward dividend comes to roughly 73% of the midpoint of its 2026 AFFO guidance. That’s still covered, just with less room.
Metric Realty Income Agree Realty Forward Yield 5.7% 4.8% Latest Dividend Raise (YoY) 0.7% 3.4% Investment-Grade Rent 34% 65% Net Debt to EBITDA 5.4x 4.8x Realty Income has raised its dividend for 115 consecutive quarters, but each raise is now very small. Agree raises less often and by more each time.
Realty Income Expands Its Reach as Agree Narrows Its Focus Realty Income agreed to a $6 billion hyperscale data center joint venture and will invest up to $1.4 billion for a 45% interest. Industrial properties made up about 65% of its second-quarter real estate investments. CEO Sumit Roy said, “Our expanding capital platform is reducing our reliance on public equity.” The catch is its watch list of financially weaker tenants, which accounts for rent in the high-5% area and tends toward home furnishings and casual dining.
Agree is taking the opposite approach. It spent about $360 million at a 7.3% cap rate and cut its 2026 investment target to about $1.6 billion. New purchases included a Walmart Supercenter, a BJ’s Wholesale location, and ground leases to Lowe’s and Home Depot. Joey Agree put the approach: “We are going to preserve our most precious asset. That is our balance sheet liquidity.” Year-to-date losses from bad credit and vacancies totaled just 9 basis points.
Data Center Returns and Agree’s Deal Pricing Come Next Realty Income hasn’t disclosed the yields it expects once its data centers are fully leased. Until it does, I can’t judge whether the strategy adds to per-share income. I’ll be watching its third-quarter report for that detail.
Agree expects cap rates on its acquisitions to be materially higher in the fourth quarter and is guiding to mid-single-digit AFFO growth per share in 2027. If those higher-yielding deals arrive, the dividend should keep growing faster than Realty Income’s.
Why Agree Fits Retirees With a Long Runway If I needed the most income today, Realty Income’s higher yield and Fitch ‘A’ rating would win. It fits a retiree in their late 70s who values a regular check now over future raises.
For someone retiring at 62, Agree’s profile fits better. A higher share of investment-grade tenants, cut debt, and a dividend that’s better covered and growing faster should do more to keep up with inflation over 25 years. The stock is down 3.2% year to date, so shares now trade below their January level. My view would change if Agree’s tenant losses rise or Realty Income’s data center yields turn out higher than I expect.
Contact [email protected] for any questions or corrections.
NEW YORK, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against DICK’s Sporting Goods, Inc. (“Dick’s Sporting Goods” or the “Company”) (NYSE: DKS) on behalf of investors that purchased or otherwise acquired Dick’s Sporting Goods common stock between September 8, 2025 and August 24, 2026 (the “Class Period”).
CLICK HERE TO JOIN THE CASE
If you are an investor in Dick’s Sporting Goods and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.
DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than November 3, 2026 for an opportunity to be lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.
On September 8, 2025, the first day of the Class Period, Dick’s Sporting Goods announced the completion of its acquisition of Foot Locker, Inc. (“Foot Locker”) for approximately $2.5 billion in cash and stock.
The complaint alleges that throughout the Class Period, Defendants misled investors regarding the Company’s acquisition of Foot Locker, touting the acquisition as a strategic opportunity to drive growth and profitability while assuring investors that Foot Locker’s longstanding inventory and promotional challenges had been resolved. In reality, according to the complaint, those problems persisted, as Foot Locker remained heavily dependent on legacy footwear products that were exposed to intensifying promotional pressures across the athletic footwear industry.
The truth was allegedly revealed to investors before markets opened on August 25, 2026, when Dick’s Sporting Goods reported disappointing second-quarter 2026 results, which included revenue of $1.73 billion from Foot Locker that fell well short of analysts’ estimates of $1.81 billion. Dick’s Sporting Goods also reduced its net sales guidance for full-year 2026 and disclosed that it expected Foot Locker’s proforma comparable sales to yield a range of negative 2.0% to 0.0% for the year—down from Dick’s prior forecast of 1.5% to 3% growth.
On this news, the price of Dick’s Sporting Goods stock fell $55.02 per share, or 30.68%, to close at $124.31 per share on August 25, 2026.
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On its third-quarter 2026 earnings call, held on Oct. 29, 2026, Coursera (COUR -24.13%) announced Q3 revenue of $377 million. Investors watching the online learning provider need to weigh margin expansion against top-line growth pressure. Three key takeaways from management's call explain where the business is headed.
1. Cost Savings Accelerate Beyond Initial Synergy Expectations in the Udemy MergerManagement compressed its 24-month integration plan with Udemy down to eight months. Cost discipline generated immediate operating leverage, boosting adjusted EBITDA margin to 16% during the quarter.
We now expect to have more than $150 million of annualized gross cost savings in place by year-end. Those savings underpin the transaction's $115 million annual run rate net synergy target, which we are on track to deliver just 8 months after close.
-- Gregory Hart, President and Chief Executive Officer2. Project Helix Targets AI Workforce Skill PreparationEnterprise demand is shifting from generic learning content toward verifiable skill development. The company is building an adaptive platform, called Project Helix, to help businesses bridge the gap between AI infrastructure investments and employee readiness.
Project Helix is designed to deliver personalized learning by identifying the skills required to achieve a business goal, where the learner is at currently, and providing coursework with outcomes that validate the learner's new abilities.
We are taking a phased approach, working with a select group of customers and partners to shape the experience and targeting broad enterprise availability in the first half of 2027.
-- Gregory Hart, President and Chief Executive Officer3. Operational Discipline Shifts Focus Back to Commercial ExecutionWith structural expense reductions in the Udemy and Coursera merger integration moving quickly, management is redirecting focus toward driving platform engagement and organic growth. Subscription revenue now provides a recurring base as transactional revenue faces headwinds.
Our primary goal for 2026 has been to move through the most disruptive parts of integration thoughtfully and quickly so we can increasingly focus on commercial execution, product delivery, and the most important driver of future revenue, customer value creation.
-- Michael Foley, Chief Financial OfficerLooking AheadGenerative AI course enrollments are rising rapidly alongside demand for human critical thinking skills. Coursera relies on its global partner network of universities and industry leaders, along with Udemy's nearly 100,000 instructors, to build verified learning pathways while maintaining strict cost discipline.
Learners are not choosing between technical AI skills and human skills, they're building both. Across our platforms, the GenAI enrollment rate increased from 25 per minute in 2025 to more than 40 per minute in 2026. At the same time, critical thinking enrollments grew over 100% year over year.
-- Gregory Hart, President and Chief Executive OfficerA unified platform architecture and disciplined share repurchases support long-term capital allocation goals. Success hinges on turning integration efficiency between Udemy and Coursera into sustainable product value for enterprise customers.
Integration creates capacity. Product execution turns that capacity into customer value, and customer value is what unlocks more durable growth over time.
-- Gregory Hart, President and Chief Executive OfficerThe Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
While the broader market punishes companies burning cash on AI, Spotify just turned its own AI ambitions into a potential new revenue stream that has Wall Street buzzing and major record labels scrambling to negotiate their cut.
On a day when the market is punishing heavy spenders on AI, Spotify (NYSE:SPOT | SPOT Price Prediction) is being rewarded for a plan to charge customers for it. Spotify stock is at $587.91, up 6% in afternoon trading.
Even while SPOT stock climbs, the Invesco QQQ Trust (NASDAQ:QQQ), which tracks the NASDAQ 100, is down 3% as the selloff in big tech’s AI spenders deepens. Year to date (YTD), Spotify stock is up 1%.
Financial Times Report Puts a Price on Spotify’s AI Ambitions
The Financial Times reported the story. It said on October 30 that Spotify aims to launch a paid AI remix and cover service in Q1 2027, possibly around the Grammy Awards in February. Users could rework songs or make them sound like another artist performed them. According to the Financial Times, Spotify is considering an extra charge of $4 to $5 a month. Pricing and timing could still change, and nothing has launched.
Universal Music Group, Merlin and Believe have reportedly signed on to Spotify’s plan. Warner Music Group (NASDAQ:WMG) is still negotiating, along with Sony Music. Artists can opt out even if their label signs, and royalties would reportedly flow back to original artists.
The worry hanging over Spotify has been that AI could come between the platform and its users, and a paid add-on would let the company earn money from AI instead of only spending on it. Management guided Spotify’s Premium revenue per user growth to 4.5% to 5% at constant currency for Q4 2026, down from 7.5% in Q3 2026, as it cycles past price increases. With Spotify’s U.S. individual plan at $12.99 a month, an add-on offers a new tool.
What Spotify’s Q3 Report Showed Before the AI News
Spotify’s October 22 earnings report provides background. The company’s earnings per share missed consensus estimates as spending on marketing, cloud computing, and AI rose, but its revenue reached €5 billion, up 14% at constant currency. On the user side, Spotify ended the quarter with 306 million Premium subscribers, one million above its guidance, and 788 million monthly active users, up 11%.
For Q4, Spotify guided to 818 million monthly active users, 316 million Premium subscribers, revenue of €5.2 billion and operating income of €820 million. Buybacks added support, with Spotify buying back $1.1 billion of its shares through October 21.
Spotify Moves Apart From Its Peer Group
Warner Music Group stock is at $30.59, up 0.4%. That’s a weak reaction for a potential Spotify licensing partner that already has AI monetization models with firms including Suno. Streaming revenue at Warner Music Group grew 12% in the quarter ended June 30, and the company’s next results are expected in mid-November.
Meanwhile, Sirius XM Holdings (NASDAQ:SIRI) stock is at $28.88, up 0.7%. The satellite radio operator raised its full-year 2026 guidance on October 29 for the second straight quarter. On a YTD basis, Sirius XM stock is up 49%, a far stronger run than Spotify’s.
Additionally, Netflix (NASDAQ:NFLX) stock is at $62.26, up 0.3%. The video streamer is down 34% YTD, leaving it well behind both Spotify and Sirius XM.
How Spotify’s Business Model Stands Apart
Spotify sits between rights owners and users, paying for music it doesn’t own. Warner Music Group owns recordings and publishing rights, so an AI remix tier brings both new license revenue and harder royalty talks. For Netflix, which owns or licenses video, a music remix product doesn’t touch the business, while bundled sports, talk programming and in-car satellite subscriptions anchor Sirius XM, leaving it less exposed to on-demand music.
That split matters to investors planning for retirement. Heavy AI spenders carry the cost up front and ask shareholders to wait, while a company charging for AI ties the technology to measurable revenue. On paper, Spotify’s reported tier puts it in the second camp.
What Comes Next for Spotify’s AI Remix Plan
Spotify still needs to sign Sony Music and Warner Music Group. Licensing costs are the main risk, since Spotify already pays most of its revenue to rights owners. The valuation offers some support, with Spotify at a forward earnings multiple of 35x at the prior session’s close, near the low end of a range that has reached 69x since early 2024.
The bulls may see a platform charging for AI at a reasonable multiple, while the bears might see label negotiations, artist opt-outs and a product that hasn’t launched. Milestones to watch for at Spotify include an official announcement and the company’s next report, expected in early February. Investors may want to wait until Spotify’s licensing push plays out.
Contact [email protected] for any questions or corrections.
, /PRNewswire/ -- Zions Bancorporation, N.A. (NASDAQ: ZION) announced today that its board of directors has authorized share repurchases of up to $72 million of the company's common stock for the fourth quarter of 2026 as part of the company's previously authorized share repurchase target for 2026 of $300 million. The timing and amounts of any such actions will depend on market conditions, regulatory requirements, and other factors or uncertainties and may be updated at the discretion of the board.
The board also declared a regular quarterly dividend of $0.48 per common share, payable November 19, 2026, to shareholders of record at the close of business on November 12, 2026.
Additionally, the board declared the regular quarterly cash dividend on the company's Series A perpetual preferred shares (NASDAQ: ZIONP; CUSIP: 98973A104). The cash dividends on the preferred shares are payable December 15, 2026, to shareholders of record on December 1, 2026.
Zions Bancorporation, N.A. is one of the nation's premier financial services companies with approximately $89 billion of total assets at December 31, 2025, and annual net revenue of $3.4 billion in 2025. Zions operates under local management teams and distinct brands in 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The Bank is a consistent recipient of national and state-wide customer survey awards in small- and middle-market banking, as well as a leader in public finance advisory services and Small Business Administration lending. In addition, Zions is included in the S&P MidCap 400 and NASDAQ Financial 100 indices. Investor information and links to local banking brands can be accessed at www.zionsbancorporation.com.
Key Takeaways WY's third-quarter earnings rose 33.3% to 8 cents per share, while sales grew 8.4% to $1.86 billion.Timberlands' strength boosted adjusted EBITDA 14.3% year over year to $248 million.WY expects weaker Q4 results in Wood Products and Strategic Land Solutions.
Weyerhaeuser Company (WY - Free Report) reported better-than-expected third-quarter 2026 financial results, with adjusted earnings and net sales topping the Zacks Consensus Estimate. Year over year, both top and bottom lines increased.
The quarterly results reflect sequential improvement in Timberlands and higher Wood Products sales, partly offset by weaker profitability in Wood Products and Strategic Land Solutions. Adjusted EBITDA increased 14.3% year over year to $248 million.
Weyerhaeuser's Q3 HighlightsThird-quarter adjusted earnings were 8 cents per share, up 33.3% year over year and topping the Zacks Consensus Estimate of 5 cents by 60%.
Net sales of $1.86 billion increased 8.4% from the prior-year quarter and beat the consensus mark of $1.83 billion by 2%.
Gross margin was $257 million, up from $204 million in the year-ago quarter but down from $311 million sequentially. Selling expenses increased to $26 million from $23 million a year ago, while general and administrative expenses rose to $115 million from $107 million. Operating income declined to $100 million from $123 million.
WY's Wood Products Segment Faces Margin PressureWood Products net sales reached $1.39 billion, up 12.8% year over year. We expected segment sales to increase 11.1% year over year to $1.36 billion in the quarter. Operating income declined to $32 million from $71 million, while adjusted EBITDA fell to $91 million from $129 million. The segment's adjusted EBITDA margin contracted to 7% from 9%.
Lumber adjusted EBITDA decreased to $69 million from $73 million despite moderately higher sales volumes and slightly higher delivered realizations. Engineered Wood Products adjusted EBITDA declined to $41 million from $54 million, reflecting lower overall realizations and slightly higher costs. Oriented Strand Board posted an $18 million adjusted EBITDA loss compared with a $6 million loss in the preceding quarter, owing to lower realizations, extensive planned maintenance and elevated resin costs. Distribution adjusted EBITDA fell to $4 million from $8 million.
Weyerhaeuser's Timberlands Results ImproveTimberlands generated total net sales of $531 million, down 0.9% year over year but up $13 million sequentially. We expected segment sales to decrease 3% year over year to $519.9 million in the quarter. Net contribution to earnings decreased to $67 million from $130 million in the preceding quarter, which included a $71 million timberland sale gain. Adjusted EBITDA increased to $133 million from $123 million sequentially, although it declined from $148 million a year ago.
In the West, fee harvest volumes remained comparable sequentially, while sales volumes declined due to lower fiber log shipments and export vessel timing. Higher realizations and lower per-unit log and haul costs supported results. Southern fee harvest volumes increased significantly due to favorable weather conditions, while slightly lower realizations and seasonally higher forestry and road expenses partially offset the benefits.
WY's Strategic Land Solutions Sales DeclineStrategic Land Solutions recorded net sales of $99 million, down 3.9% year over year and $41 million sequentially. We expected segment sales to decline 2.3% to $100.6 million in the quarter. Operating income declined to $67 million from $94 million in the preceding quarter, while adjusted EBITDA decreased to $86 million from $129 million.
The sequential decline primarily reflected the timing and mix of Real Estate sales. Real Estate adjusted EBITDA fell to $43 million from $83 million, while Natural Resources adjusted EBITDA decreased to $24 million from $33 million. However, Climate Solutions adjusted EBITDA improved to $19 million from $13 million. Real Estate acres sold decreased significantly, while the average price per acre was moderately lower.
Weyerhaeuser's Cash Flow and Liquidity WeakenNet cash from operations totaled $193 million, down from $210 million in the year-ago quarter and $399 million sequentially. Capital expenditures totaled $137 million, including $54 million related to the Monticello engineered wood products facility. Adjusted funds available for distribution declined to $110 million from $323 million sequentially.
WY ended the quarter with $349 million in cash and cash equivalents and total debt of $5.35 billion. The company repurchased $10 million of common stock and paid $151 million in cash dividends during the quarter.
WY Issues Cautious Q4 Segment OutlookFor the fourth quarter of 2026, Timberlands’ earnings before special items and adjusted EBITDA are expected to remain comparable sequentially. Management anticipates slightly lower Western harvest volumes and moderately lower Southern harvest volumes, partly offset by improved export sales volumes and seasonally lower Western forestry and road costs.
Strategic Land Solutions earnings are projected to decline approximately $35 million sequentially, while adjusted EBITDA is expected to decrease roughly $45 million due to the timing and mix of Real Estate sales. Full-year segment adjusted EBITDA is forecasted at approximately $450 million, unchanged from the previous outlook.
Wood Products earnings and adjusted EBITDA are expected to be moderately lower, excluding changes in lumber and oriented strand board realizations. Lower lumber volumes and higher log costs may pressure results, while engineered wood products could face lower volumes and higher raw material costs. The company also lowered its full-year capital expenditure outlook to approximately $375 million from $400-$450 million, excluding the Monticello facility investment.
WY Stock’s Zacks Rank & Recent Construction ReleasesWeyerhaeuser currently carries a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Masco Corporation (MAS - Free Report) reported third-quarter 2026 adjusted earnings of $1.19 per share, surpassing the Zacks Consensus Estimate of $1.01 by 17.8%. The bottom line increased 22.7% from 97 cents a year ago. Net sales rose 2.6% year over year to $1.97 billion, beating the consensus mark of $1.93 billion by 1.8%.
Masco raised its 2026 adjusted earnings guidance to $4.65-$4.75 per share from the previous range of $4.40-$4.60, citing strong operational performance year to date. Reported earnings are projected to be between $4.51 and $4.61 per share.
Comfort Systems USA, Inc. (FIX - Free Report) delivered impressive third-quarter 2026 results, with earnings and revenues surpassing the Zacks Consensus Estimate and increasing sharply year over year. The quarterly performance reflected robust demand across technology-related projects, strong execution and continued expansion in construction activity. Backlog reached $17.81 billion, reinforcing management's confidence in sustained growth and profitability.
Comfort Systems also paid dividends of 90 cents per share during the quarter compared with 50 cents a year ago. Share repurchases totaled $340.9 million, reflecting continued shareholder returns alongside investments in business expansion.
United Rentals, Inc. (URI - Free Report) reported third-quarter 2026 results, with adjusted earnings per share and total revenues beating the Zacks Consensus Estimate and increasing year over year. URI’s adjusted earnings of $15.55 per share topped the Zacks Consensus Estimate of $13.83 by 12.4% and grew 32.9% year over year from $11.70. URI’s total revenues rose 15.7% year over year to $4.89 billion and surpassed the consensus estimate of $4.69 billion by 4.3%.
United Rentals management raised its revenue outlook to $18-$18.2 billion from $17.5-$17.8 billion. Adjusted EBITDA is now projected to be $8.3-$8.4 billion compared with $7.98-$8.13 billion previously.
TMX Group Limited (X:CA) Q3 2026 Earnings Call October 30, 2026 8:00 AM EDT
Company Participants
Amanda Tang - Director of Investor Relations
John McKenzie - CEO & Director
David Arnold - Chief Financial Officer
Conference Call Participants
Scott Fletcher - CIBC Capital Markets, Research Division
Aravinda Galappatthige - Canaccord Genuity Corp., Research Division
Jaeme Gloyn - National Bank Financial, Inc., Research Division
Stephen Boland - Raymond James Ltd., Research Division
Bart Dziarski - RBC Capital Markets, Research Division
Graham Ryding - TD Cowen, Research Division
Presentation
Operator
Thank you for standing by. This is a conference operator. Welcome to the TMX Group Limited Third Quarter 2026 Financial Results Conference Call. [Operator Instructions] The conference is being recorded. [Operator Instructions] I would now like to turn the conference over to Amanda Tang, Director of Investor Relations. Please go ahead, Ms. Tang.
Amanda Tang
Director of Investor Relations
Thank you, Jason, and good morning, everyone. We are joining you today from our Montreal office to discuss the 2026 Third quarter results for TMX Group. Last night, we announced the results, which included our ninth consecutive quarter of double-digit revenue growth. Copies of our press release and the MD&A are available on investors.tmx.com.
This morning, we have with us John McKenzie, our Chief Executive Officer; and David Arnold, our Chief Financial Officer.
Following remarks from John and David, we will have a question-and-answer session. Before we begin, I would like to remind you that certain statements made during this call may relate to future events and expectations and constitute forward-looking information within the meaning of the Canadian securities law. Actual results may differ materially from these expectations and additional information is contained in our press release and periodic reports that we have filed with the regulatory authorities. I will now turn the call over to John.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of VG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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.
Investors interested in Oil and Gas - Exploration and Production - United States stocks are likely familiar with APA (APA) and Cheniere Energy (LNG). But which of these two stocks is more attractive to value investors?
Key Takeaways Cheniere raises 2026 adjusted EBITDA guidance to $8.75-$9.25B on stronger gas spreads and additional cargoes.LNG targets 56-58M tons of production in 2027, up from 53-54M tons expected in 2026.Cheniere secures 5M tons in annual LNG supply deals with QatarEnergy and Petrobras to support expansion.
Cheniere Energy, Inc. (LNG - Free Report) emphasized higher earnings expectations, expanding production capacity and long-term contracting momentum during its third-quarter 2026 earnings call. Management raised full-year financial guidance for the third consecutive quarter, supported by stronger LNG pricing and operational improvements.
Executives also outlined production expectations for 2027, discussed expansion timelines and addressed how global supply disruptions are influencing customer demand and commercial opportunities.
LNG Raises 2026 Guidance on Stronger MarginsCheniere increased its 2026 consolidated adjusted EBITDA guidance to $8.75-$9.25 billion from $7.90-$8.40 billion. Distributable cash flow guidance rose to $6.05-$6.55 billion from $5.30-$5.80 billion.
Chief financial officer Zach Davis attributed the increases primarily to stronger global gas spreads, additional cargo deliveries and optimization activities. Management also benefited from the earlier-than-expected completion of Corpus Christi Stage 3.
Quarterly revenues reached $6.17 billion, exceeding the Zacks Consensus Estimate of $5.37 billion. Reported earnings of $3.62 per share missed the Zacks Consensus Estimate of $4.20.
Cheniere Outlines Higher Production for 2027Management introduced preliminary 2027 LNG production expectations of 56 million to 58 million tons compared with its maintained 2026 forecast of 53 million to 54 million tons.
Davis, Cheniere's CFO, explained that improved plant reliability, debottlenecking and the completed Stage 3 project support higher output. No major extended maintenance turnarounds are scheduled for 2027.
Approximately 52 million tons are expected to be covered by long-term contracts next year. Of roughly 5 million tons available for marketing, management indicated that only about 1 million tons remained unsold.
LNG Secures Long-Term Commercial CommitmentsChairman, president and chief executive officer Jack Fusco highlighted new long-term LNG supply agreements with QatarEnergy and Petrobras, totaling approximately 5 million tons annually.
The QatarEnergy agreements cover up to 4 million tons annually through 2054, while Petrobras contracted 0.8 million tons annually for 22 years. These commitments support Cheniere's planned brownfield expansions.
During the analyst discussion, JPMorgan questioned whether geopolitical developments could attract additional customers. Chief commercial officer Anatol Feygin emphasized opportunities among existing counterparties alongside new customers, with contracts extending well into the 2050s.
Cheniere Advances Its Brownfield Expansion PlansCorpus Christi Midscale Trains 8 and 9 were 58.6% complete at September-end, with substantial completion expected during the second half of 2028. Management excluded additional production from these trains in its 2027 outlook.
Fusco expects the first phase of the Sabine Pass expansion to reach a final investment decision following regulatory approvals anticipated around year-end. The project would add more than 6 million tons of annual capacity.
During Citi's questioning, management emphasized disciplined construction economics at Corpus Christi. Davis reiterated targets involving capital expenditure relative to EBITDA and contracted returns, while highlighting the advantages of existing infrastructure.
LNG Sees Tight Supply Supporting Global PricingFeygin described continued LNG supply constraints associated with disruptions around the Strait of Hormuz. European and Asian benchmark prices remained elevated during the quarter.
Europe entered October with storage approximately 72% full, increasing competition for winter cargoes. Management also highlighted resilient demand across India and Southeast Asia despite higher prices.
During Barclays' questioning about demand destruction, Feygin emphasized the protection provided by long-term contracts. He noted that contracted U.S. cargoes remained substantially cheaper than spot-market purchases, reinforcing their commercial appeal.
Cheniere Maintains Its Shareholder Return PrioritiesManagement reported approximately $730 million in third-quarter share repurchases and increased the quarterly dividend by more than 12% to 62.5 cents per share.
Davis reaffirmed the commitment to annual dividend growth of at least 10% through the decade while retaining financial flexibility for expansion investments.
The company also secured financing commitments for Sabine Pass expansion construction. Management continues balancing infrastructure development with repurchases, dividends and balance-sheet discipline.
LNG Management Emphasizes Execution and VisibilityManagement's commentary centered on operational reliability, contracted cash flows and disciplined investment decisions amid volatile commodity markets.
Executives emphasized converting strong market conditions into longer-term financial visibility while pursuing additional capacity through existing facilities.
Zacks Rank and Style Scores Signal Favorable MomentumLNG currently carries a Zacks Rank #2 (Buy), indicating favorable near-term performance potential. Its Momentum Score of A highlights strong momentum characteristics, while Value and Growth Scores of C indicate comparatively moderate attractiveness in those categories. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The stock's VGM Score of B reflects a favorable combined assessment of value, growth and momentum characteristics. This combination aligns with Zacks' framework for identifying potentially stronger-performing stocks, although the Zacks Rank can change as analysts revise earnings estimates following the latest results.
, /PRNewswire/ -- investors in LKQ Corporation (NASDAQ: LKQ) saw the price of their shares tumble $5.05 (-22%) on news of its CEO's immediate departure and revelations of continued problems with its Enterprise Resource Planning ("ERP") system implementation in Europe.
Previously, on July 30, 2026 shares fell $3.79 (-14%) when LKQ investors partially glimpsed the company's ERP implementation problems but were assured operational processes had normalized.
The developments and severe market reactions have prompted national shareholders rights firm Hagens Berman open an investigation into whether LKQ has been sufficiently transparent about its ERP implementation.
The firm urges investors with substantial losses to submit their trading information. The firm also encourages persons with knowledge who may assist the investigation to contact its attorneys.
LKQ is a global distributor of vehicle products, including replacement parts, components and systems used in vehicle repairs and maintenance. Europe is one of three LKQ operating segments and accounted for 46% of the company's total revenue during 2025.
The investigation's focus is on the propriety of LKQ's transparency about successfully implementing its ERP in Europe.
On April 30, 2026, when the company held its Q1 2026 earnings call, management said, "we executed a planned ERP migration in one of our key European markets, which was completed during the first week of April" and "we approached it with deliberate execution." The price of LKQ shares slightly rose that day.
Three months later, investors learned more. On July 30, 2026, LKQ announced its results for Q2 2026 and revealed that its Europe business fell short because of problems with its ERP implementation in Germany. During the earnings call, management disclosed "the implementation created disruption" and "[t]he customer impact lingered longer[.]" Management nonetheless assured investors that "[t]he system performance has improved, and operational processes have normalized."
The market quickly sent the price of LKQ shares down 14% the same day.
Then, on October 23, 2026, the company made a set of startling disclosures when it announced its Q3 2026 results.
LKQ announced the departure of CEO Justin Jude.The company reported a huge sequential variance in profitability – a net loss of $16 million, down from net income of $79 million the prior quarter (and compared with net income of $178 million in the prior year period).LKQ laid the blame squarely on "underperformance in the Europe segment, including operational disruptions associated with the ERP implementation in Germany and volume declines in the United Kingdom and Benelux."The market's reaction was severe, sending LKQ shares down 22%. In just three months, between July 29, 2026 and October 23, 2026, over $2.2 billion of the company's market capitalization has been wiped out.
"We're focused on the potential disparity between LKQ's assurances about the ERP migration versus what investors learned on October 23," said Reed Kathrein, the Hagens Berman partner leading the investigation.
If you invested in LKQ and have substantial losses, or have knowledge that will assist the firm's investigation, submit your losses now »
Whistleblowers: Persons with non-public information regarding LKQ should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
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The S&P 500 (SPX) is struggling to hold support, with Rachel Dashiell (@CharlesSchwab) warning of steeper selling should it break. She takes investors through the key levels to watch in Friday's trading action.
CHICAGO--(BUSINESS WIRE)--The board of directors of GATX Corporation (NYSE: GATX) today declared a quarterly dividend of $0.66 per common share, payable Dec. 31, 2026, to shareholders of record on Dec. 15, 2026. This quarterly dividend is unchanged from the prior quarter. COMPANY DESCRIPTION At GATX Corporation (NYSE: GATX), we empower our customers to propel the world forward. GATX leases transportation assets including railcars, aircraft spare engines and tank containers to customers worldwid.
Key Takeaways FMC posted a Q3 loss of $4.41 per share, while revenues fell 80.5% but beat estimates.Pricing actions cut revenues by $639 million, while sales volumes declined 21%.FMC lowered its 2026 revenue outlook to $2.75B-$2.85B amid softer demand.
FMC Corporation (FMC - Free Report) reported a third-quarter 2026 adjusted loss of $4.41 per share against earnings of 89 cents a year ago. The bottom line missed the Zacks Consensus Estimate of earnings of 8 cents per share. The results were hurt by substantial commercial adjustments and weaker demand.
Revenues were $105.9 million, down 80.5% year over year, but surpassed the consensus estimate of $96.9 million by 9.3%. Commercial actions reduced revenues by approximately $639 million, while underlying sales volumes declined 21%.
FMC's Regional Sales TrendNorth America recorded negative revenues of $371 million compared with revenues of $244 million a year ago. The sharp deterioration reflected the substantial impact of commercial adjustments associated with the company's transition to a new pricing and rebate structure.
Latin America revenues fell 43% year over year to $264 million from $463 million. EMEA sales declined 21.9% to $121 million from $155 million, while Asia revenues, excluding India, decreased 8.1% to $91 million from $99 million in the reported quarter.
FMC's FinancialsCash provided by operating activities totaled $7 million compared with cash used of $184 million in the year-ago quarter. The improvement reflected more favorable working capital dynamics despite the significant deterioration in reported profitability.
Free cash flow was negative $18 million, improving $214 million from the prior-year quarter. This included $23 million in restructuring expenditures. The commercial adjustments to high-priced channel products are expected to reduce future cash collections, although they did not affect current-period cash.
FMC Lowers Fourth-Quarter and Full-Year OutlookFor the fourth quarter of 2026, FMC expects revenues, excluding India, between $1.04 billion and $1.14 billion, essentially flat at the midpoint compared with the prior-year period. Adjusted EBITDA is projected at $210-$230 million, indicating a 22% decline at the midpoint. Adjusted earnings are forecast between 56 cents and 70 cents per share.
For full-year 2026, revenues, excluding India, are projected between $2.75 billion and $2.85 billion, indicating a 28% decline at the midpoint. Adjusted EBITDA is expected to range from negative $124 million to negative $104 million, while adjusted loss is forecast between $3.66 and $3.50 per share.
Full-year free cash flow is now expected between negative $350 million and negative $150 million, including approximately $180 million in restructuring expenditures. The reduced outlook reflects softer demand and the financial impact of third-quarter commercial actions.
FMC’s Price PerformanceShares of FMC have lost 68.7% in the past year compared with the industry’s 7.7% decline.
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FMC’s Zacks Rank & Key PicksFMC currently carries a Zacks Rank #5 (Strong Sell).
Some better-ranked stocks in the Basic Materials space are Reliance, Inc. (RS - Free Report) , Avino Silver & Gold Mines Ltd. (ASM - Free Report) and Avient Corporation (AVNT - Free Report) .
RS currently sports a Zacks Rank #1 (Strong Buy), while ASM and AVNT carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here
The Zacks Consensus Estimate for RS’ 2026 earnings is pegged at $23.70 per share, indicating a 66.2% year-over-year surge. RSshares have gained 55.7% over the past year.
The Zacks Consensus Estimate for ASM’s current fiscal-year earnings is pinned at 28 cents per share. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 75%.
The Zacks Consensus Estimate for AVNT’s 2026 earnings is pegged at $3.2 per share, indicating a year-over-year rise of 13.48%. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 3.4%.
Key Takeaways BWXT's Q3 sales are projected to rise 14.6% to $992.4 million, while earnings per share may grow 19%.Naval propulsion, defense fuels enrichment and HPDU programs are expected to support Government Operations.Commercial nuclear demand may boost revenues, but manufacturing investments and higher costs pose risks. BWX Technologies, Inc. (BWXT - Free Report) is scheduled to report third-quarter 2026 results on Nov. 2, 2026, after market close. The company delivered an earnings surprise of 5.94% in the last reported quarter.
Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.
Factors Likely to Affect BWXT’s Q3 2026 ResultsHigher revenues from naval nuclear propulsion programs, supported by continued production on the Virginia-class and Columbia-class submarine programs, are likely to have supported BWXT’s Government Operations segment. Growth in defense fuels enrichment and High-Purity Depleted Uranium (HPDU) programs, along with continued improvements in manufacturing efficiency and operational execution, is also expected to have supported the segment’s performance. However, lower microreactor volumes and improved cost performance on certain programs are likely to have affected reported revenue growth.
Higher demand for commercial nuclear components and services is expected to have boosted BWXT’s Commercial Operations segment. Continued growth in commercial nuclear power, higher Canadian field services and aftermarket activity, and contributions from Precision Components Group, acquired in July, are likely to have supported revenues. However, ongoing investments in U.S. commercial manufacturing capacity and workforce expansion are likely to have weighed on near-term margins.
Higher corporate expenses related to business transformation and growth initiatives are likely to have offset some of these positives in the to-be-reported quarter.
Q3 Estimates for BWXTThe Zacks Consensus Estimate for BWXT’s third-quarter sales is pegged at $992.4 million, which indicates an increase of 14.6% from the prior-year number.
The consensus estimate for earnings is pegged at $1.19 per share, which indicates year-over-year growth of 19%.
What the Zacks Model Unveils for BWX TechnologiesOur proven model predicts an earnings beat for BWX Technologies this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here.
Earnings ESP: BWX Technologies has an Earnings ESP of +0.22%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
Zacks Rank: BWXT currently carries a Zacks Rank of 3.
You can see the complete list of today’s Zacks #1 Rank stocks here.
Recent Defense ReleaseL3Harris Technologies, Inc. (LHX - Free Report) reported third-quarter 2026 earnings of $3.28 per share, which beat the Zacks Consensus Estimate of $2.99 by 9.7%. The bottom line also increased 33.3% from the year-ago quarter’s $2.46.
L3Harris’ revenues totaled $6.06 billion, which beat the Zacks Consensus Estimate of $5.90 billion by 2.8%. The top line also improved 7.1% from the year-ago quarter’s $5.66 billion.
Other Stocks to ConsiderCurtissWright (CW - Free Report) is set to report its third-quarter 2026 earnings on Nov. 4, 2026, after market close. It has an Earnings ESP of +0.23% and a Zacks Rank of 2 at present.
The Zacks Consensus Estimate for CW’s earnings is pegged at $3.76 per share. The consensus estimate for its sales is pegged at $937 million, indicating year-over-year growth of 7.8%.
Kratos Defense & Security Solutions (KTOS - Free Report) is set to report third-quarter 2026 earnings on Nov. 5, after market close. It has an Earnings ESP of +8.78% and a Zacks Rank of 2 at present.
The Zacks Consensus Estimate for KTOS’ earnings is pegged at 21 cents per share. The consensus estimate for its sales is pegged at $473.7 million, indicating year-over-year growth of 36.3%.
Key Takeaways Synopsys' Q3 fiscal 2026 revenues surged 42.4%, and non-GAAP EPS rose 15.3%.Synopsys' $10.9 billion backlog and 82% recurring revenue share provide visibility.Vicor's Advanced Products revenues rose 45% sequentially to $94.2 million. Vicor Corporation (VICR - Free Report) and Synopsys Inc. (SNPS - Free Report) are both benefiting from rising investment in artificial intelligence (AI) by serving different parts of the semiconductor ecosystem. Vicor develops high-density power-conversion components that support AI processors, data centers, industrial equipment and defense applications. Synopsys provides electronic design automation (EDA) software, semiconductor intellectual property (IP) and engineering simulation solutions that help companies design and verify increasingly complex chips and electronic systems.
With AI infrastructure expanding and chip designs becoming more sophisticated, both companies have opportunities to benefit from long-term industry growth. So, which stock offers greater upside potential? Let’s compare their growth prospects, business fundamentals, challenges and valuation to determine which presents a more compelling investment case.
The Case for VICR StockVicor is positioned to benefit from the increasing power requirements of AI processors and high-performance computing systems. Its high-density power-conversion technologies, including Factorized Power Architecture and Vertical Power Delivery (VPD), are designed to improve power efficiency and current delivery as computing workloads become more demanding.
The company’s Advanced Products business is emerging as an important growth driver. In the second quarter of 2026, Advanced Products revenues increased 45% sequentially to $94.2 million, accounting for 65.7% of total revenues compared with 57.5% in the preceding quarter. Demand remained healthy across high-performance computing, industrial, aerospace and defense markets, while the book-to-bill ratio stayed above 1.
Vicor’s backlog also signals improving demand visibility. Its 12-month backlog reached approximately $379.7 million in the second quarter of 2026, up 26% sequentially and 145% year over year. Management expects nearly 10% sequential revenue growth in the third quarter and projects more than $600 million in revenues for 2026, supported by Advanced Products growth and licensing income.
Licensing is providing an additional source of revenue for VICR. VICR’s second-quarter royalty revenues increased to $30.4 million from $10.4 million a year earlier, including $15 million recognized from a recent licensing agreement. The agreement is expected to contribute $5 million in the third quarter and $10 million per quarter for the following four quarters. Vicor is also developing second-generation VPD technology with its lead customer and engaging additional original equipment manufacturers and hyperscalers.
With these tailwinds, VICR expects third-quarter revenues to increase nearly 10% sequentially. The Zacks Consensus Estimate for VICR’s third-quarter revenues is pegged at $188.5 billion, indicating a year-over-year rise of 75.7%. The Zacks Consensus Estimate for VICR’s third-quarter earnings is pegged at $1.13, indicating a year-over-year increase of 12%. Estimates have been revised upward in the past 30 days.
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The Case for SNPS StockSynopsys is well-positioned to benefit from increasing semiconductor design complexity as AI accelerates demand for advanced chips, multi-die architectures, verification and engineering simulation. Its combination of EDA software, semiconductor IP and Ansys engineering simulation capabilities gives the company exposure across the chip-design and system-engineering lifecycle.
Recurring revenues provide considerable visibility. Recurring revenues accounted for 82% of total revenues in the third quarter of fiscal 2026, while backlog stood at $10.9 billion. Total deferred revenues reached approximately $2.72 billion as of July 31, 2026. These contracted revenues support visibility as customers continue investing in advanced semiconductor development.
Synopsys is also expanding its opportunity through Ansys, whose engineering simulation capabilities complement its existing chip-design portfolio. In the third quarter of fiscal 2026, Design Automation revenues, including Ansys, increased 52.7% year over year to $2 billion. Ansys contributed approximately $711 million to quarterly revenues, while management expects cost synergies to support profitability. The companies’ first joint Multiphysics Fusion solutions are expected to contribute to EDA growth beginning in fiscal 2027.
AI-driven engineering workflows offer another growth avenue. Synopsys is developing agentic AI capabilities that automate verification, debugging and other engineering tasks. More than 30 customer engagements were underway for its agentic AI platform as of the third quarter of fiscal 2026. Collaborations with NVIDIA, Microsoft and AMD have demonstrated improvements in verification speed, coverage and debugging efficiency.
The company’s latest results also reflect improving business momentum. Third-quarter fiscal 2026 revenues increased 42.4% year over year to $2.48 billion, while non-GAAP earnings rose 15.3% to $3.91 per share, beating the Zacks Consensus Estimate by 6.5%. Synopsys raised its fiscal 2026 revenue guidance to $9.69-$9.74 billion and its non-GAAP earnings guidance to $15.04-$15.10 per share.
The Zacks Consensus Estimate for SNPS’ fiscal 2026 revenue guidance is pegged at $9.69-$9.74 billion, indicating a year-over-year rise of 42%. The Zacks Consensus Estimate for SNPS’ fiscal 2026 earnings is pegged at $4.12, indicating a year-over-year increase of 42%. Estimates have been revised upward in the past 30 days.
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Stock Price Performance and Valuation of SNPS and VICRShares of SNPS and VICR have gained 4.4% and 88.5%, respectively, in the year-to-date period.
YTD Performance Chart
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SNPS is trading at a forward 12-month Price-to-Sales ratio of 8.57X, which is higher than its median of 8.05X, while VICR is trading at a forward sales multiple of 10.25X, lower than its median of 13.91X.
Conclusion: SNPS vs. VICRAlthough VICR offers substantial exposure to rising AI power requirements, SNPS appears better positioned to deliver more diversified and visible growth. Its recurring revenue base, $10.9 billion backlog, expanding engineering simulation portfolio and growing AI-driven design capabilities provide multiple avenues for expansion. SNPS sports a Zacks Rank #1 (Strong Buy), while VICR carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Key Takeaways Unum Group's Q3 earnings are expected to rise 4.3% to $2.18 per share, while revenues may fall 12.5%.Higher premiums, favorable persistency and sales growth are likely to support Unum Group's U.S. operations.UNM's results may face pressure from higher claims, rising expenses and weaker international performance. Unum Group (UNM - Free Report) is expected to register an improvement in its bottom line but a decline in the top line when it reports third-quarter 2026 results on Nov. 3, after the closing bell.
The Zacks Consensus Estimate for UNM’s third-quarter revenues is pegged at $2.96 billion, indicating a 12.5% decline from the year-ago reported figure.
The consensus estimate for earnings is pegged at $2.18 per share. The Zacks Consensus Estimate for UNM’s third-quarter earnings has moved north by 0.5% in the past 30 days. The estimate suggests a year-over-year increase of 4.3%.
What the Zacks Model Unveils for UNMOur proven model predicts an earnings beat for Unum Group this time around. This is because the stock has the right combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold).
Earnings ESP: Unum Group has an Earnings ESP of +0.64%. This is because the Most Accurate Estimate of $2.19 is pegged higher than the Zacks Consensus Estimate of $2.18. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Factors Likely to Shape Q3 Results of UNMFavorable persistency and better sales in the operating segments are likely to have favored premiums in the third quarter. Our estimate and the Zacks Consensus Estimate for premium income are both pegged at $2.6 billion.
Net investment income is likely to have increased primarily driven by higher invested assets and portfolio yields. Higher sales across its operating segments are also expected to have contributed to premium growth. Our estimate for investment income is pegged at $268 million, suggesting a 44% decrease from the year-ago quarter. The Zacks Consensus Estimate is pegged at $264 million.
The Unum U.S. segment is likely to have benefited from higher premiums in group disability and group life, supported by sales growth and favorable persistency. However, higher claim incidence in short-term disability, particularly paid family and medical leave products, could have weighed on group disability margins. We estimate Unum U.S. operating revenues at $2 billion
Colonial Life is likely to have benefited from higher sales, favorable claims experience and growth in premium income. Stronger performance in life, cancer and critical illness products, along with higher investment income, could have supported segment profitability. Persistency trends will also remain important for the segment. Our estimate for Colonial Life’s operating revenues is $513 million.
Unum International's performance is likely to have remained under pressure from higher benefit costs and lower investment income. In the UK, higher average claim sizes in group long-term disability and lower income from inflation-linked bonds could have weighed on results. Lower sales and persistency in certain product lines may also have limited growth, partly offset by in-force block expansion. Our estimate for Unum International’s operating revenues is pegged at $346.3 million.
Expenses are likely to have increased due to higher policy benefits, commissions, amortization of deferred acquisition costs, interest and debt expense, and other operating expenses.
Continued share buybacks are likely to have contributed to the bottom line.
Other Stocks to ConsiderSome insurance stocks with the right combination of elements to deliver an earnings beat this time around are:
NMI Holdings, Inc. (NMIH - Free Report) has an Earnings ESP of +0.88% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for third-quarter 2026 earnings is pegged at $1.77, indicating a year-over-year increase of 9.1%.
NMIH’s earnings beat estimates in each of the last four reported quarters.
The Allstate Corporation (ALL - Free Report) has an Earnings ESP of +5.25% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for third-quarter 2026 earnings is pegged at $5.61, indicating a year-over-year decrease of 37.1%.
ALL’s earnings beat estimates in each of the trailing four reported quarters.
Palomar Holdings, Inc. (PLMR - Free Report) has an Earnings ESP of +0.29% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for third-quarter 2026 earnings is pegged at $2.60, indicating a year-over-year increase of 29.4%.
PLMR’s earnings beat estimates in each of the last four reported quarters.
Key Takeaways Cinemark to report Q3 results on Nov. 3, with revenues projected to rise 19.5% and EPS to surge 135% YoY.Strong presales, 45-day theatrical windows and premium screens could lift Cinemark's admissions and yields.CNK's 29M-plus loyalty members may boost concessions, while clustered releases could constrain Q3 gains.
Cinemark Holdings (CNK - Free Report) is scheduled to report third-quarter 2026 results on Nov. 3, before the opening bell.
The Zacks Consensus Estimate for revenues is pegged at $1.02 billion, indicating 19.5% year-over-year growth. The consensus mark for earnings stands at 94 cents per share, suggesting a 135% increase from the prior-year quarter. The consensus EPS estimate has risen 19% over the past 30 days.
Cinemark surpassed the Zacks Consensus Estimate for earnings in only one of the trailing four quarters, delivering an average negative earnings surprise of 11.4%.
Let us see how things have shaped up for the upcoming announcement.
Key Factors Expected to Shape CNK's Q3 ResultsA compelling film slate is likely to have supported attendance and admissions revenues in the third quarter. Cinemark highlighted strong presales for Spider-Man: Brand New Day and continuing momentum for The Odyssey. The expansion of 45-day exclusive theatrical windows could also have encouraged more moviegoers to visit theaters. With its domestic box-office growth exceeding the North American industry by more than 200 basis points in the second quarter, Cinemark is likely to have capitalized on these releases to sustain market-share gains in the quarter under review.
Growing demand for premium moviegoing experiences is expected to have strengthened ticket yields. Premium large formats contributed nearly 15% of worldwide box-office proceeds in the second quarter of 2026, despite representing only 6% of auditoriums. In the first half of 2026, Cinemark added 21 XD, ScreenX and IMAX auditoriums and introduced D-BOX motion seats in 112 additional auditoriums. These upgrades, together with strategic pricing actions, are likely to have boosted average ticket prices and supported profitability in the to-be-reported quarter.
Expanding loyalty and concession initiatives are likely to have provided another growth catalyst. Cinemark's global loyalty programs exceeded 29 million members in the second quarter of 2026 and generated approximately half of worldwide attendance, while Movie Club surpassed 1.5 million members. Record quarterly concession revenues of $433 million, merchandise sales exceeding $25 million and rising mobile-ordering adoption point to additional spending opportunities. Continued personalization, collectibles tied to popular releases and ordering convenience are expected to have lifted concession sales and repeat visits in the third quarter of 2026.
However, a crowded release calendar may have constrained third-quarter performance. Management noted that similar films were overlapping at the beginning of the third quarter and cautioned about tightly clustered major releases during peak periods. Such scheduling can strain auditorium capacity, reduce showtime flexibility and create competition among films, even when overall demand is strong. Consequently, the uneven release cadence is likely to have limited admissions upside and operating leverage in the quarter under review.
What Our Model Says About CNK StockOur proven model predicts an earnings beat for Cinemark this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is exactly the case here.
CNK currently has an Earnings ESP of +5.33% and a Zacks Rank #1, suggesting favorable prospects for an earnings surprise. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Other Stocks to ConsiderHere are some other companies worth considering, as our model shows that these too have the right combination of elements to beat earnings in their upcoming releases:
Fox Corporation (FOXA - Free Report) currently has an Earnings ESP of +6.64% and sports a Zacks Rank #1. FOXA’s shares have declined 11.7% year to date. FOXA is set to report its first-quarter fiscal 2027 results on Nov. 2, 2026. You can see the complete list of today’s Zacks #1 Rank stocks here.
Marriott International (MAR - Free Report) presently has an Earnings ESP of +1.56% and a Zacks Rank #2. MAR’s shares have gained 28.7% year to date. MAR is set to report its third-quarter 2026 results on Nov. 2.
Angel Studios, Inc. (ANGX - Free Report) presently has an Earnings ESP of +7.69% and a Zacks Rank #2. However, ANGX’s shares have fallen 19.9% year to date. ANGX is set to report its third-quarter 2026 results on Nov. 10.
Key Takeaways A strong film slate and market share gains may support CNK's third-quarter performance.Premium experiences and expanded food and beverage offerings may boost revenues.Cost control and operating leverage may support profitability despite inflation and labor expenses. Cinemark Holdings, Inc. (CNK - Free Report) is scheduled to report third-quarter 2026 results on Nov. 3, before the opening bell.
CNK’s earnings surpassed estimates in one of the trailing four quarters and missed thrice, the average surprise being negative 11.4%.
Trend in Estimate Revision of CNKThe Zacks Consensus Estimate for the third quarter’s adjusted EPS has increased in the past 30 days to 94 cents from 79 cents. The revised estimated figure indicates 135% growth from the year-ago reported figure of 40 cents per share.
For revenues, the consensus mark is pegged at nearly $1.02 billion. The metric implies a 19.5% rise from the year-ago quarter’s figure.
Factors Likely to Shape Cinemark’s Q3 ResultsCinemark is expected to report higher revenues in the third quarter of 2026 compared with the year-ago quarter. A strong film slate, market share gains, premium viewing experiences, expanded food and beverage offerings and higher moviegoer spending are likely to support results. Attendance is also expected to have increased year over year, driven by the film slate and audience demand.
The Zacks Consensus Estimate for U.S. revenues is pegged at $790 million, up from $684 million reported a year ago. The estimate for International revenues stands at $191 million, up from $174 million reported a year ago.
A strong film slate and audience demand are likely to have supported attendance growth in the third quarter of 2026. The Zacks Consensus Estimate for attendance is pegged at 62 million patrons, up from 52 million reported a year ago.
CNK’s earnings are likely to have benefited from improved operating leverage and effective cost control. Higher attendance might have supported profitability, as some fixed costs do not rise at the same pace as business activity. However, cost inflation and labor expenses are likely to have partly offset these benefits.
The Zacks Consensus Estimate for U.S. adjusted EBITDA is pinned at $200 million, up from $140 million reported a year ago. The estimate for International adjusted EBITDA is pegged at $46.9 million, up from $37.4 million reported a year ago.
What Our Model Says About CNK StockOur proven model predicts an earnings beat for Cinemark this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is exactly the case here.
Earnings ESP for CNK: Cinemark presently has an Earnings ESP of +5.33%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Cinemark’s Zacks Rank: The company currently sports a Zacks Rank #1.
Other Stocks Poised to Beat on EarningsHere are some other stocks from the Zacks Consumer Discretionary sector that investors may consider, as our model shows that these, too, have the right combination of elements to post an earnings beat.
Planet Fitness, Inc. (PLNT - Free Report) currently has an Earnings ESP of +0.53% and a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.
PLNT’s earnings for the to-be-reported quarter are expected to remain flat. Planet Fitness reported better-than-expected earnings in each of the trailing four quarters, the average surprise being 9.3%.
Choice Hotels International, Inc. (CHH - Free Report) has an Earnings ESP of +0.19% and a Zacks Rank of 3 at present.
For the to-be-reported quarter, Choice Hotels is expected to register an 8.1% increase in earnings. Choice Hotels reported better-than-expected earnings in two out of the trailing four quarters and missed twice, the average surprise being negative 4.8%.
Marriott International, Inc. (MAR - Free Report) currently has an Earnings ESP of +1.56% and a Zacks Rank of 3.
MAR’s earnings for the to-be-reported quarter are expected to increase 16.2%. Marriott reported better-than-expected earnings in the trailing three out of four quarters and missed once, the average surprise being 2.5%.
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.
By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.
However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects.
Cinemark Holdings (CNK - Free Report) is on the list of such stocks currently recommended by our proprietary system. In addition to a favorable Growth Score, it carries a top Zacks Rank.
Studies have shown that stocks with the best growth features consistently outperform the market. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better.
While there are numerous reasons why the stock of this movie theater owner is a great growth pick right now, we have highlighted three of the most important factors below:
Earnings GrowthEarnings growth is arguably the most important factor, as stocks exhibiting exceptionally surging profit levels tend to attract the attention of most investors. And for growth investors, double-digit earnings growth is definitely preferable, and often an indication of strong prospects (and stock price gains) for the company under consideration.
While the historical EPS growth rate for Cinemark is 12.4%, investors should actually focus on the projected growth. The company's EPS is expected to grow 155.8% this year, crushing the industry average, which calls for EPS growth of 37.7%.
Impressive Asset Utilization RatioAsset utilization ratio -- also known as sales-to-total-assets (S/TA) ratio -- is often overlooked by investors, but it is an important indicator in growth investing. This metric shows how efficiently a firm is utilizing its assets to generate sales.
Right now, Cinemark has an S/TA ratio of 0.76, which means that the company gets $0.76 in sales for each dollar in assets. Comparing this to the industry average of 0.65, it can be said that the company is more efficient.
In addition to efficiency in generating sales, sales growth plays an important role. And Cinemark looks attractive from a sales growth perspective as well. The company's sales are expected to grow 17.7% this year versus the industry average of 11.2%.
Promising Earnings Estimate RevisionsSuperiority of a stock in terms of the metrics outlined above can be further validated by looking at the trend in earnings estimate revisions. A positive trend is of course favorable here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
There have been upward revisions in current-year earnings estimates for Cinemark. The Zacks Consensus Estimate for the current year has surged 6.2% over the past month.
Bottom LineCinemark has not only earned a Growth Score of A based on a number of factors, including the ones discussed above, but it also carries a Zacks Rank #1 because of the positive earnings estimate revisions.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
This combination indicates that Cinemark is a potential outperformer and a solid choice for growth investors.
Key Takeaways IFF's Q3 sales are expected to fall 28.9% to $1.92 billion, with EPS declining 22.9% to 81 cents.Volume growth, productivity and cost cuts may support margins, but higher input costs pose challenges.The Food Ingredients sale to CVC supports IFF's portfolio shift toward innovation-driven businesses.
International Flavors & Fragrances Inc. (IFF - Free Report) is scheduled to report third-quarter 2026 results on Nov. 3, after the closing bell.
The Zacks Consensus Estimate for sales is pegged at $1.92 billion, indicating a 28.9% dip from the year-ago reported figure.
The Zacks Consensus Estimate for earnings is pegged at 81 cents per share, which has been moved up in the past 60 days. The estimate indicates a year-over-year decline of 22.9%.
Image Source: Zacks Investment Research
IFF’s Earnings Surprise HistoryInternational Flavors’ earnings beat the Zacks Consensus Estimates in three of the trailing four quarters and missed in one, the average beat being 4.5%.
Image Source: Zacks Investment Research
What the Zacks Model Unveils for International FlavorsOur model does not predict an earnings beat for IFF this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That is not the case here.
Earnings ESP: IFF has an Earnings ESP of -2.54%. You can uncover the best stocks before they are reported with our Earnings ESP Filter.
Zacks Rank: The company currently carries a Zacks Rank of 2.
Factors Likely to Have Shaped IFF’s Q3 PerformanceThe company has been witnessing volume growth, with broad-based contributions across each of its businesses. IFF’s ongoing efforts to improve productivity and reduce costs are likely to have benefited its margins.
However, International Flavors has been incurring high raw material costs and additional costs related to labor, shipping and cleaning.
Despite its pricing actions and focused cost-reduction efforts, these factors are likely to have dented margins in the to-be-reported quarter.
In late May, International Flavors announced that it inked a deal with CVC Capital Partners to sell its Food Ingredients business. The deal is in sync with International Flavors’ portfolio transformation strategy, which is expected to solidify its focus on its innovation-driven businesses. Starting in second-quarter 2026, the Food Ingredients disposal group is reported as discontinued operations.
Projections for International Flavors’ Segments in Q3Our model estimates the Taste segment’s third-quarter sales to dip 0.1% year over year to $634 million. The segment’s adjusted operating EBITDA is projected to be $100 million, indicating a fall of 21.8% from the year-ago quarter’s reported numbers.
We expect the Scent segment’s sales to dip 2.7% year over year to $634 million. The ongoing momentum in Consumer Fragrance, as well as improvement in Fragrance Ingredients and Fine Fragrance, is likely to have aided its performance. However, the gains might have been partially negated by higher costs. Our estimate for the segment’s quarterly operating EBITDA is $139 million, indicating a year-over-year rise of 2.9%.
The Health & Biosciences segment’s sales are projected to be $637 million, indicating a 10.4% increase from the year-ago quarter’s reported figure. We expect operating EBITDA to increase 20.2% to $120 million.
IFF Stock’s Price PerformanceIn the past year, International Flavors shares have gained 43.8% compared with the industry’s 9.1% growth.
Image Source: Zacks Investment Research
Stocks to ConsiderHere are some Basic Materials stocks, which, according to our model, also have the right combination of elements to post an earnings beat in their upcoming releases.
Avient (AVNT - Free Report) , scheduled to release third-quarter 2026 earnings on Nov. 4, has an Earnings ESP of +0.58% and a Zacks Rank of 2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for earnings for Avient for the third quarter of 2026 is 81 cents per share, indicating a 15.7% year-over-year increase. Avient has a trailing four-quarter average earnings surprise of 3.4%.
Perimeter Solutions, SA (PRM - Free Report) , scheduled to release third-quarter 2026 earnings on Nov. 5, has an Earnings ESP of +3.16% and a Zacks Rank of 2 at present.
The Zacks Consensus Estimate for Perimeter Solutions’ earnings for the third quarter of 2026 is pegged at 95 cents per share, indicating 15.8% growth from the year-ago quarter's reported figure. PRM has a trailing four-quarter average earnings surprise of 61.6%.
Air Products and Chemicals (APD - Free Report) , scheduled to release third-quarter 2026 earnings on Nov. 5, has an Earnings ESP of +0.44% and a Zacks Rank of 3 at present.
The Zacks Consensus Estimate for earnings for Air Products and Chemicals for the third quarter of 2026 is pegged at $3.60 per share, suggesting a 6.2% year-over-year increase. APD has a trailing four-quarter average earnings surprise of 2.9%.
NEW YORK, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against AppLovin Corporation (NASDAQ: APP) and certain of its officers.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired AppLovin securities between February 12, 2026 and August 5, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/cases/applovin-corporation-app-class_action_lawsuit.
AppLovin Case Details
The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that:
the generative AI video creative feature for AppLovin’s Ads platform was subject to significant development delays, making its release on AppLovin’s stated timeline unlikely;Defendants overstated the consistency with which AppLovin was improving its AI models;AppLovin significantly overstated the benefits and reliability of the purported “virtuous cycle” and “compounding” value proposition provided by its AI models to customers and the Company; andas a result, Defendants’ public statements were materially false and/or misleading at all relevant times. What's Next for AppLovin Investors?
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/cases/applovin-corporation-app-class_action_lawsuit. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in AppLovin you have until November 16, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
No Cost to AppLovin Investors
We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC for AppLovin Securities Class Action?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
Follow us for updates on LinkedIn, X, Facebook, or Instagram.
Contact Info
Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]
Attorney advertising.
Prior results do not guarantee similar outcomes.
Who: AppLovin Corporation (NASDAQ: APP)What: Securities fraud class action lawsuit filedClass Period: February 12, 2026 through August 5, 2026Deadline to Seek Lead Plaintiff Status: November 16, 2026Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company’s projected revenue growth from its AI products and self-service applicationInvestor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options RADNOR, Pa., Oct. 30, 2026 (GLOBE NEWSWIRE) -- Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against AppLovin Corporation (AppLovin) (NASDAQ: APP) on behalf of those who purchased or acquired AppLovin securities between February 12, 2026 and August 5, 2026, inclusive. The lawsuit is filed in the United States District Court for the Northern District of California and is captioned Talbot v. AppLovin Corporation, No. 3: 26-cv-10584 (N.D. Cal.). Investors have until November 16, 2026, to file for lead plaintiff status.
CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired AppLovin securities and have lost money on your investment, please provide your information here: https://www.ktmc.com/app-applovin-corporation-class-action-lawsuit?utm_source=Globe&utm_medium=pressrelease&utm_campaign=app&mktm=PR
You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected]. There is no cost or obligation to speak with an attorney.
To view the AppLovin video on YouTube, click here:
https://youtu.be/Q0nWTDJTg1M?si=h71prPjHwSvP0jEK
APPLOVIN CORPORATION CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:
The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects. Specifically, Defendants misrepresented and/or failed to disclose that: (1) the generative AI video creative feature for the company’s AppLovin Ads platform was subject to significant development delays, making its release on AppLovin’s timeline unlikely; (2) AppLovin overstated the rate of its improvements to its AI models, in turn causing the benefits and reliability of its value proposition of its AI models to be unreliable; and (3) as a result of the foregoing, Defendants’ statements about the company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Why did AppLovin’s Stock Drop?
On July 13, 2026, a Bank of America Securities analyst published a note stating that "AppLovin's eCommerce footprint expanded at a slower pace in June" and "[w]eekly data has not shown a clear uptick since AppLovin [Ads] opened to all eComm advertisers on 6/22, suggesting a muted GA start." Accordingly, Bank of America Securities lowered its estimate for AppLovin's annual revenue. On this news, AppLovin's stock price dropped $64.13 per share, or 12.6%, from a closing price of $506.80 per share on July 10, 2026, to close at $442.85 per share on July 13, 2026.
Then, on August 5, 2026, AppLovin reported its financial results for the quarter and revealed, among other things, revenue below consensus estimates. AppLovin attributed the poor results, in part, to delays in the roll out of AppLovin Ads' generative AI video creation tool, which led to lower-than-expected AppLovin Ads revenue and hampered AppLovin's AI "model performance[.]" On this news, AppLovin's stock price dropped $82.13 per share, or 19.6%, from a closing price of $417.80 per share on August 5, 2026, to close at $335.67 per share on August 6, 2026.
WHAT APPLOVIN CORPORATION INVESTORS CAN DO NOW:
File to be lead plaintiff by November 16, 2026.Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.Retain counsel of choice or take no action.
THE LEAD PLAINTIFF PROCESS FOR APPLOVIN CORPORATION INVESTORS:
AppLovin investors may, no later than November 16, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.
Kessler Topaz Meltzer & Check, LLP encourages AppLovin investors to contact the firm for more information.
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):
Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent. The complaint in this matter was not filed by KTMC.
CONTACT:
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087 [email protected]
May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.
NEW YORK, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against AppLovin Corporation (“AppLovin” or the “Company”) (NASDAQ: APP) on behalf of investors that purchased or otherwise acquired AppLovin securities between February 12, 2026 and August 5, 2026 (the “Class Period”).
CLICK HERE TO JOIN THE CASE
If you are an investor in AppLovin and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.
DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than November 16, 2026 for an opportunity to be lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.
The complaint alleges, among other things, that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that “(i) the generative AI video creative feature for the Company’s AppLovin Ads platform was subject to significant development delays, making its release on the Company’s timeline unlikely,” and “(ii) Defendants overstated the constancy with which AppLovin was improving its AI models.”
According to the complaint, the truth began to emerge on July 13, 2026, when a Bank of America Securities analyst published a note raising concerns over the rollout of AppLovin Ads to all advertisers. Following publication of the note, AppLovin’s stock price fell $64.13 per share, or 12.65%, on July 13, 2026. Then, on August 5, 2026, according to the complaint, AppLovin reported revenue below consensus estimates and also revealed that its generative AI video tool was “still [a] work in progress.” On this news, AppLovin’s stock price fell $82.13 per share, or 19.66%, on August 6, 2026.
CLICK HERE TO LEARN MORE
WHY CONTACT KAPLAN FOX?
Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.
Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.
For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.
If you have any questions about this Notice, your rights, or your interests, please contact:
CONTACT:
Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003 [email protected]
Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1501
Oakland, California 94612
(415) 772-4704 [email protected]
Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.
, /PRNewswire/ -- AppLovin Corporation (NASDAQ: APP) faces a securities class action seeking to represent investors who purchased or otherwise acquired AppLovin securities between February 12, 2026 and August 5, 2026. The developments have prompted national shareholders rights firm Hagens Berman to open an investigation into claims that AppLovin violated the securities laws and urge AppLovin investors who suffered substantial losses to submit your losses now.
The suit follows the publication of a concerning analyst report on July 13, 2026 and the company's August 5, 2026 Q2 2026 financial results, each of which drove the price of AppLovin shares sharply lower.
Class Period: Feb. 12, 2026 – Aug. 5, 2026
Lead Plaintiff Deadline: Nov. 16, 2026
Visit: www.hbsslaw.com/app
Direct Contact Email: [email protected]
Firm Telephone: 844-916-0895
Video: https://youtu.be/c5nqdaiWyls
AppLovin Corporation (APP) Securities Class Action:
AppLovin provides end-to-end AI-powered advertising solutions for businesses to reach, monetize, and grow their global audience.
To investors, "uplift" is possibly the most critical driver of the company's revenue growth. The company improves its AI model to increase uplift, better matching the exact right ad to the exact right user at the exact right millisecond. In turn, this uplifts advertisers' return on ad spend, increases their advertising budgets, and (for AppLovin) accelerates high-margin revenue.
The lawsuit is focused on the propriety of AppLovin's statements about model improvements and uplift.
Most recently, several weeks into AppLovin's Q2, during its May 6, 2026 Q1 2026 earnings call, management left investors with high expectations for uplift and revenue growth.
CEO Adam Foroughi said that the most important milestone investors should focus on was the company's "improving the underlying model." He emphasized that "[l]ast quarter earnings, I mentioned we just had one new model that had just created an uplift[]" and "[t]he one we had a couple of weeks ago was quite substantial." He also explained, "that's why I highlighted […] that we saw a big acceleration going exiting the quarter[,]" and "then, April Q2, bigger than any quarter that we had[.]"
Investors' expectations began to unravel on July 13, 2026, when a prominent analyst published a report highlighting a lack of immediate advertiser influx following the general availability launch of AppLovin's advertising tools. In response, the price of AppLovin shares tumbled $64.13 (-12.6%).
Then, on August 5, 2026, the company reported its Q2 2026 revenue that was below midpoint. In apparent contrast to the "big acceleration," management said "[o]ur pace of meaningful model improvement was lighter than normal during the quarter[]" and "we didn't get the same level of model uplift we've seen in recent quarters[.]" This news drove the price of AppLovin shares crashing another $82.13 (-19.6%).
Between the two drops, the company lost over $44 billion of its market capitalization.
"We're focused on when during Q2 AppLovin first knew that the uplift and revenue acceleration investors had come to expect wasn't happening," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.
If you invested in AppLovin and have substantial losses, or have knowledge that will assist the firm's investigation, submit your losses now »
Whistleblowers: Persons with non-public information regarding AppLovin should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.
New York, New York--(Newsfile Corp. - October 30, 2026) - Lead Plaintiff Deadline: December 14, 2026. Investors who purchased (OTC Pink: ILLR) securities between October 16, 2024 and December 29, 2026 may be eligible to recover losses.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Triller securities between October 16, 2024 and December 29, 2025, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/cases/triller-group-inc-illr-class_action_lawsuit.
Triller Case Details
The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that:
Triller's control over and consolidation of Bare Knuckle Fighting Championship ("BKFC") was tenuous, overstated, and/or non-existent; Triller was unable to timely file certain periodic financial reports with the SEC, in part due to accounting issues related to its purported control over BKFC; As a result, Triller faced an increased risk of delisting from NASDAQ; Triller's disclosure controls and procedures were deficient, the severity of its financial control issues was understated, and the benefits of the Merger were overstated; Defendants overstated Triller's ability to resolve its non-compliance with NASDAQ's listing requirements; and As a result, Defendants' public statements were materially false and misleading at all relevant times.What's Next for Triller Investors?
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/cases/triller-group-inc-illr-class_action_lawsuit, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Triller you have until December 14, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
No Cost to Triller Investors
We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC for Triller Securities Class Action?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
Follow us for updates on LinkedIn, X, Facebook, or Instagram.
Attorney advertising.
Prior results do not guarantee similar outcomes.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/319424
Source: Bronstein, Gewirtz & Grossman, LLC
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Investors interested in stocks from the Medical - Drugs sector have probably already heard of Shionogi & Co., Ltd. Unsponsored ADR (SGIOY - Free Report) and United Therapeutics (UTHR - Free Report) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.
Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits.
Shionogi & Co., Ltd. Unsponsored ADR has a Zacks Rank of #2 (Buy), while United Therapeutics has a Zacks Rank of #3 (Hold) right now. The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that SGIOY has an improving earnings outlook. But this is just one piece of the puzzle for value investors.
Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.
The Value category of the Style Scores system identifies undervalued companies by looking at a number of key metrics. These include the long-favored P/E ratio, P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that help us determine a company's fair value.
SGIOY currently has a forward P/E ratio of 11.44, while UTHR has a forward P/E of 22.75. We also note that SGIOY has a PEG ratio of 3.39. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. UTHR currently has a PEG ratio of 4.30.
Another notable valuation metric for SGIOY is its P/B ratio of 1.44. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, UTHR has a P/B of 3.98.
These are just a few of the metrics contributing to SGIOY's Value grade of A and UTHR's Value grade of C.
SGIOY has seen stronger estimate revision activity and sports more attractive valuation metrics than UTHR, so it seems like value investors will conclude that SGIOY is the superior option right now.
AptarGroup NYSE: ATR reported third-quarter 2026 sales growth across its three business segments, while adjusted profitability declined from the prior year as emergency medicine destocking and lower margins in Beauty and Closures weighed on results.
Reported sales rose 6% to just over $1 billion, while core sales increased 5%. Adjusted EBITDA fell 2% to $217 million, and adjusted EBITDA margin declined to 21.3% from 23.2% a year earlier. Adjusted earnings per share were $1.52, down 6% from $1.62 at comparable exchange rates, primarily reflecting lower adjusted EBITDA, higher interest expense and a higher tax rate.
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“Our results in the quarter demonstrate the underlying strength of our businesses, with 5% core sales growth across all three segments and adjusted earnings per share at the higher end of our guidance range,” President and CEO Gael Touya said on his first earnings call in the role.
Pharma Growth Offset by Emergency Medicine Destocking
Pharma core sales increased 1% during the quarter, but rose 8% excluding the expected decline in emergency medicine sales. Aptar said it expects emergency medicine sales to decrease by approximately $65 million for the full year as inventory destocking continues. The company expects that headwind to lapse in the fourth quarter.
Within Pharma, prescription core sales declined 7%, though they increased 6% excluding emergency medicine. Growth in central nervous system therapies and asthma and chronic obstructive pulmonary disease treatments supported the underlying prescription business. Consumer healthcare core sales rose 13%, led by nasal decongestants and dermal solutions, while injectables core sales increased 9% on demand for elastomeric components used in GLP-1 medicines, biologics and vaccines.
Pharma’s adjusted EBITDA margin was 36.4%, down 80 basis points year over year. Chief Financial Officer Vanessa Kanu said the decline reflected the unfavorable mix from lower sales of high-margin emergency medicine products, though royalties and productivity efforts provided offsets.
Touya said Aptar expects naloxone-related destocking to be behind it after the fourth quarter, though the company is still assessing the market’s eventual baseline. He said Aptar expects naloxone demand to grow at a rate above gross domestic product over time, rather than at its historical rate, following the market’s transition toward broader over-the-counter and generic availability.
The company also highlighted its drug-delivery pipeline, including work in ophthalmic, nasal, inhalation and injectable treatments. Aptar is developing its Beat the Blink ophthalmic technology through an exclusive collaboration with Bausch + Lomb and cited an early clinical study that showed patient acceptance and preference for the product. The technology is not yet commercially available.
Aptar also recently announced research collaborations with Massachusetts General Hospital on nose-to-brain drug delivery and with Macquarie University on high-dose dry-powder delivery of biologic medicines using its Orbital Inhaler platform. The company is adding PULMOTREE’s Kolibri non-propellant liquid inhaler technology through an acquisition.
Beauty and Closures Deliver Sales Gains
Beauty core sales increased 8%, including an approximately 4-percentage-point contribution from pass-throughs of higher input costs. Demand increased for dispensing systems used in prestige fragrance, color cosmetics and hair care. Core sales in personal care rose 11%, supported by hair care, shower gel and baby care applications.
However, Beauty’s adjusted EBITDA margin declined 70 basis points to 11.4%, reflecting unfavorable mix and continuing operational challenges in North America. Touya said Aptar’s European and Asian Beauty operations are within their long-term targets, but North America remains the company’s largest area for improvement.
“We have done a deep dive,” Touya said. “We nearly completed the diagnostic, we understand the issues, and we have a plan for them.” He said the improvement effort would require “execution with discipline and accountability” and would not be a quick or linear fix.
Closures core sales rose 11%, with roughly half of the growth attributed to higher input-cost pass-throughs. Food core sales increased 9%, led by dispensing closures for sauces and condiments, while beverage core sales grew 19%, driven by bottled-water and concentrate applications as well as strong tooling sales.
Closures adjusted EBITDA margin declined 60 basis points to 15.5%. Kanu said indexation pass-throughs diluted the margin by 120 basis points; excluding that impact, the segment’s margin would have improved 60 basis points on favorable mix, particularly from higher-value beverage dispensing products.
Russian Charge and Capital Allocation
Aptar deconsolidated its Russian subsidiary effective Sept. 21 after it came under administrative control. The primarily Closures subsidiary was not material to the company’s ongoing revenue and earnings, Kanu said.
The company recorded a combined charge of $61.2 million before tax and $60.4 million after tax, or $0.94 per diluted share. The charge included a $58 million loss on deconsolidation, including approximately $30 million of cash held by the subsidiary, along with receivables reserves and legal costs. Aptar excluded the charge from adjusted earnings.
Year-to-date free cash flow was $198 million, consisting of $390 million in operating cash flow less $192 million in capital expenditures net of government grants. Aptar returned $272 million to shareholders through dividends and repurchases during the first nine months, including $180 million used to repurchase 1.3 million shares. The company had $420 million remaining under its repurchase authorization as of Sept. 30 and increased its quarterly dividend by 4%.
Fourth-Quarter Outlook
Aptar forecast fourth-quarter adjusted earnings per share of $1.39 to $1.47. At the midpoint, the outlook represents 17% growth from the prior-year fourth quarter at comparable exchange rates. The company’s guidance assumes an effective tax rate of 17.5% to 19.5% and a euro-to-U.S.-dollar exchange rate of 1.12.
For the full year, Aptar continues to expect capital investments of $260 million to $280 million and depreciation and amortization expense of $310 million to $320 million. Touya said the company expects to finish 2026 strongly, led by Pharma, as emergency medicine destocking ends and demand continues for consumer healthcare dispensing systems and injectable elastomeric components.
Aptar also announced that Virginie Maes will become president of Aptar Pharma effective Jan. 1. Touya said Maes brings global pharmaceutical and medical experience and will lead efforts to deepen customer relationships and pursue growth opportunities across the Pharma portfolio.
About AptarGroup (NYSE:ATR)AptarGroup, Inc NYSE: ATR develops and manufactures dispensing, sealing and delivery systems for the pharmaceutical, beauty, personal care, food and beverage markets. Its products are designed to control, protect and dispense a wide range of liquids, creams, lotions, fragrances and other formulations.
The company's offerings include pumps, valves, closures, aerosol systems and other dispensing components, as well as drug-delivery technologies. Through its pharmaceutical business, Aptar supports nasal, pulmonary, ophthalmic, dermal and injectable applications, serving pharmaceutical and biotechnology companies with components and systems used in prescription, over-the-counter and consumer health products.
Aptar serves customers internationally through manufacturing, research and development and commercial operations across North America, Europe, Asia and other global markets.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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Key Takeaways Alnylam's Q3 revenues rose 17% to $1.46 billion, while adjusted EPS reached $16.26.Amvuttra sales climbed 65% but missed estimates as slower patient starts raised demand concerns.Alnylam reaffirmed 2026 revenue guidance but flagged inventory, pricing and reimbursement headwinds. Alnylam Pharmaceuticals (ALNY - Free Report) reported third-quarter 2026 adjusted earnings of $16.26 per share, beating the Zacks Consensus Estimate of $2.19. The substantial earnings beat was primarily driven by a noncash income tax benefit of approximately $1.9 billion, stemming from the release of valuation allowances on certain U.S. deferred tax assets. The company had reported adjusted earnings of $3.19 per share in the year-ago quarter.
Third-quarter revenues rose 17% to $1.46 billion, beating the Zacks Consensus Estimate of $1.45 billion. Amvuttra drove growth as product revenues climbed 52% to $1.29 billion.
ALNY’s shares fell 25.1% despite the earnings and revenue beats, likely reflecting concerns over the slower-than-anticipated growth in Amvuttra patient demand and management's expectation that combined Amvuttra and Onpattro sales will finish 2026 near the low end of guidance. Slower-than-expected conversion of physician engagement into new patient starts further weighed on investor sentiment.
ALNY's Q3 Results in DetailAmvuttra is approved for polyneuropathy associated with hereditary transthyretin amyloidosis and for cardiomyopathy associated with transthyretin amyloidosis (ATTR-CM). Its cardiomyopathy launch has been the main driver of Alnylam's recent product revenue growth.
Amvuttra generated $1.13 billion in sales, up 65% year over year, but missed the Zacks Consensus Estimate of $1.15 billion. The sales miss likely contributed to the sharp decline in ALNY’s shares despite the company's better-than-expected quarterly results. Higher demand, mainly among U.S. ATTR-CM patients, supported growth. Sequential U.S. revenues from Amvuttra and Onpattro benefited from a $17 million inventory build and approximately $10 million in favorable gross-to-net adjustments, alongside an $81 million increase in demand.
Onpattro revenues fell 50% to $19.6 million, missing the $22.27 million consensus estimate, reflecting fewer treated patients. Givlaari sales rose 21% to $89.5 million on growth in patients receiving treatment, beating the $87.10 million estimate.
Oxlumo sales slipped 1% to $52.5 million and missed the Zacks Consensus Estimate of $55.69 million.
Year to date, Alnylam’s shares have plunged 56.2% against the industry’s 7.3% growth.
Image Source: Zacks Investment Research
Alnylam's Other Revenues Show Mixed TrendsCollaboration revenues plunged 80% year over year to $71.5 million. Roche (RHHBY - Free Report) contributed $39.1 million, down 88%, as the year-earlier period included a $300 million milestone tied to the first patient dosed in the phase III ZENITH study of zilebesiran.
ALNY and RHHBY are developing zilebesiran for uncontrolled hypertension. Meanwhile, revenues from Regeneron (REGN - Free Report) rose 43% to $32.3 million. ALNY and REGN are also collaborating on brezosiran for Huntington's disease, with a pivotal study planned for 2027, pending regulatory alignment.
Regeneron is advancing cemdisiran to treat adult patients with generalized myasthenia gravis who are anti-acetylcholine receptor antibody-positive. An FDA decision on the candidate is expected in November 2026. Subject to approval, Alnylam is eligible to receive tiered, double-digit royalties of up to 15% on global net sales of cemdisiran. Royalties climbed 105% to $94.7 million, driven by rising global sales of Leqvio by Novartis (NVS - Free Report) and higher royalty rates. NVS markets Leqvio for cholesterol management. As of September 2026, Leqvio is registered in 109 countries worldwide and is commercially available in 89 countries.
ALNY's Operating Expenses RiseCost of goods sold surged 83% to $361.8 million. Product gross margin narrowed five percentage points to 72%, largely due to increased Amvuttra sales and a higher blended royalty rate payable on the drug.
Adjusted research and development (R&D) expenses rose 21% to $375.7 million, reflecting increased spending on the ZENITH study and the phase III TRITON-CM and TRITON-PN studies of nucresiran, alongside preclinical programs.
Adjusted selling, general and administrative (SG&A) expenses increased 13% to $295.7 million due to investments supporting Amvuttra's global ATTR-CM launch. Adjusted operating income fell 11% to $424.9 million, partly reflecting lower collaboration revenues.
Alnylam Reaffirms Its 2026 Sales OutlookAlnylam maintained its 2026 total net product revenue outlook of $4.7-$5.1 billion. The company reiterated combined Amvuttra and Onpattro sales guidance of $4.2-$4.5 billion and Givlaari and Oxlumo guidance of $500-$600 million.
Management also reaffirmed its collaboration and royalty revenue outlook of $575-$625 million and combined adjusted R&D and SG&A expense guidance of $2.7-$2.8 billion.
The company expects fourth-quarter U.S. sales to face inventory and pricing headwinds. Potential hospital ordering disruptions surrounding proposed 340B reimbursement changes and more restrictive Medicare Advantage access requirements could further constrain demand. Alnylam plans to provide 2027 product revenue guidance with its February 2027 results, rather than in January.
Our Take on ALNY's Q3 PerformanceAlnylam's exceptional earnings beat contrasts with softer underlying operating trends. A roughly $1.9 billion noncash tax benefit from releasing valuation allowances boosted net income, while adjusted operating income declined year over year. Amvuttra's consensus miss matters more to investors than the headline earnings surprise because its adoption underpins the company's commercial growth ambitions.
The expanded sales force is reaching more physicians, but management acknowledged that engagement is taking longer than expected to translate into patient starts. Although broader prescribing and the development pipeline offer long-term opportunities, near-term execution and reimbursement uncertainties may keep investor sentiment cautious despite strong year-over-year product sales growth.
ALNY’s Zacks RankAlnylam currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Key Takeaways California Water's Q3 earnings rose 1.9% to $1.05 per share but missed estimates by 13.93%.CWT's revenues grew 6.7% to $332.2M, while operating expenses rose 3.7% and tax costs increased.CWT plans $627M in 2026 capital spending, backed by regulatory approvals and expanded financing.
California Water Service Group (CWT - Free Report) reported third-quarter 2026 earnings of $1.05 per share, up 1.9% from $1.03 in the year-ago quarter. The figure missed the Zacks Consensus Estimate of $1.22 by 13.93%.
Total RevenuesQuarterly revenues increased 6.7% year over year to $332.2 million but missed the Zacks Consensus Estimate of $335 million by 0.76%.
Results benefited from rate changes, new customers and regulatory recoveries, partially offset by lower water consumption. Infrastructure investment reached $148.3 million, reflecting continued spending on water system reliability.
Operating revenues increased $21 million from the prior-year quarter. Rate changes and new customers contributed $22.1 million, while changes in the Drought Response Memorandum Account added $3.9 million.
These gains were partially offset by a $4.4 million reduction attributable to lower customer water usage. The revenue increase reflected the April 2026 resolution of California Water's 2024 General Rate Case, which supported higher authorized rates.
California Water's Operating Costs IncreaseTotal operating expenses rose 3.7% year over year to $249.5 million from $240.6 million. Water production costs declined marginally to $102.1 million from $102.7 million as higher wholesale water costs were offset by reduced customer consumption.
Other operations expenses climbed 12.1% to $37.5 million, primarily reflecting a $2.8 million increase in water conservation program expenditures. Administrative and general expenses declined 3.4% to $35 million, while depreciation and amortization expenses decreased 3.9% to $34.7 million.
Net operating income increased 17.1% year over year to $82.7 million from $70.6 million, as revenue growth outpaced operating expense increases. Net income attributable to California Water Service Group rose 6.8% to $65.4 million from $61.2 million.
Income tax expense on operating income increased $7.1 million due to higher pretax income and a scheduled reduction in the Tax Cuts and Jobs Act refund. Net other income declined $6 million, reflecting a $3.9 million reduction in non-qualified benefit plan investment gains and $1.4 million of additional acquisition expenses. Net interest expense increased 10.7% to $19 million.
California Water Expands Infrastructure InvestmentThird-quarter capital expenditures totaled $148.3 million. For the first nine months of 2026, infrastructure investment increased 16.5% year over year to $424.8 million from $364.7 million.
The company projects capital investments of $627 million in 2026, followed by $667 million in 2027 and $700 million in 2028. Its rate base is expected to reach approximately $3.46 billion by 2028, excluding anticipated Nevada and Oregon investments. Management emphasized that infrastructure spending supports long-term earnings growth and system reliability.
CWT's Regulatory Approvals Support GrowthThe Washington Utilities and Transportation Commission approved a $4.1 million annual revenue increase, effective Oct. 1, 2026. Hawaii regulators subsequently authorized a $1.94 million annual increase for the Kapalua systems, effective Oct. 21, 2026.
California regulators also approved an advice letter process covering $113.1 million of capital costs for certain PFAS treatment projects and recovery of $2.5 million in previously incurred expenses. The company plans $228 million in PFAS treatment and well replacement investments, with 65 projects planned. Net litigation recoveries of $59.4 million are expected to help reduce customer rate impacts.
California Water's Liquidity Supports ExpansionCash and cash equivalents totaled $45.1 million as of Sept. 30, 2026, while restricted cash amounted to $45.8 million. The company had approximately $425 million in available short-term borrowing capacity across its credit facilities.
During the quarter, CWT raised $49.8 million through its at-the-market equity program and entered into forward sales agreements representing potential additional proceeds of $77.8 million. Subsequent financing agreements provided for $125 million in unsecured debt and $150 million in first mortgage bonds, strengthening resources for planned investments and acquisitions.
CWT Advances Acquisitions and Dividend GrowthThe company received regulatory approvals for its planned acquisitions of Nexus Water Group's Nevada and Oregon utility systems. Management expects both transactions to close in the fourth quarter of 2026, with estimated integration expenses ranging from $7 million to $9 million.
California Water declared its 327th consecutive quarterly dividend of 33.5 cents per share. The anticipated annual dividend of $1.34 represents an 8.1% increase over 2025 and marks the company's 59th consecutive year of dividend growth.
CWT’s Zacks RankCalifornia Water currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Upcoming Earnings ReleasesAmerican States Water (AWR - Free Report) is slated to report third-quarter 2026 results on Nov. 4, after market close. The Zacks Consensus Estimate for AWR’s third-quarter EPS is pegged at $1.09, implying an increase of 2.8% from the prior-year figure. The company has a dividend yield of 2.6%.
Essential Utilities Inc. (WTRG - Free Report) is scheduled to report its third-quarter 2026 results on Nov. 3, after the market opens. The Zacks Consensus Estimate for WTRG’s third-quarter EPS is pegged at 35 cents, implying an increase of 6.1% from the prior-year figure. The company has a dividend yield of 3.4%.
Consolidated Water Co. Ltd (CWCO - Free Report) is set to report its third-quarter 2026 results on Nov. 9. The Zacks Consensus Estimate for CWCO’s third-quarter EPS is pegged at 24 cents, implying a decrease of 29.25% from the prior-year figure. The company has a dividend yield of 2.1%.
Super Micro Computer heads into Q1 earnings with strong AI server demand, expanding rack-scale and liquid-cooling solutions, and a positive Earnings ESP.
Intel's blunt warning about memory shortages sent shockwaves through four major hardware makers today, but one of those companies is sitting on a $95 billion AI backlog that could either cushion the blow or make the selloff look like a…
A warning from Intel (NASDAQ:INTC | INTC Price Prediction) that memory shortages are choking PC demand is rippling through the companies that build computers and servers. Dell Technologies (NYSE:DELL) stock is at $421.74 in afternoon trading, down 11% from its prior close of $475.51. That decline hits a company whose AI server business has been one of the market’s strongest growth stories.
Dell stock is still up 239% year to date (YTD), so some of the selling looks like profit taking after a huge run. Three other hardware makers are decline alongside Dell. Fewer PCs sold means less revenue, while tighter memory supply raises component costs and can cap how many machines a company is able to ship.
Intel’s Memory Crunch Warning Lands on PC Makers
Intel laid out the problem on its earnings call on October 29. CEO Lip-Bu Tan said, “In recent weeks, our customers began signaling a PC slowdown based on the memory prices and availability.” He also noted, “Our OEM partners are aggressively managing inventory to match the softer sell-through.” Tan stated Intel expects the environment to persist until memory availability and prices begin to normalize, which reads directly through to Dell and its rivals.
Brian Sozzi of Yahoo Finance argued the broader tech rout is due more to hyperscalers’ ballooning AI spending bills. Sozzi pointed to Google, whose quarterly free cash flow came in at negative $9.1 billion. Amazon posted trailing 12-month free cash flow of negative $42.4 billion. That leaves Dell squeezed from two sides: a weaker PC market and doubts about how long data center spending can last.
HP, Hewlett Packard Enterprise and Super Micro Slide With Dell
HP Inc. (NYSE:HPQ) stock is at $28.99, down 9%, the closest match to Dell’s drop. With Personal Systems making up most of its revenue, the company is the most PC-exposed name in the group. On August 26, HP reported that its total PC unit shipments fell 16% and cited rising memory and storage costs as a risk. Despite trailing its competitors on October 28, HP stock is still up 35% YTD.
Meanwhile, Hewlett Packard Enterprise (NYSE:HPE) stock is at $54.70, down 7%. Hewlett Packard Enterprise focuses on enterprise hardware, so its exposure runs through memory costs inside its servers. Its server revenue rose 35.3% in Q3 FY2026 from a year earlier, and the stock remains up 130% YTD.
Super Micro Computer (NASDAQ:SMCI) stock is at $32.10, down 7%, leaving it up 10% YTD. Super Micro Computer reports after the close on November 3. Schaeffer’s noted the stock’s annual high of $51.40 and cited a 10-day call/put volume ratio of 4.99, higher than 90% of the past year’s readings, as a historically bearish signal. The firm also disclosed Super Micro Computer has averaged a 14.2% post-earnings move and finished lower after eight of the last 12 reports, though it posted three straight double-digit post-earnings gains.
Why Dell Straddles Both Sides of the Hardware Trade
Dell sits in the middle of the group, selling PCs through its Client Solutions Group and AI servers, storage and networking through its Infrastructure Solutions Group. HP leans hardest on PCs and printing, which gives it the most direct exposure to Intel’s warning. Hewlett Packard Enterprise sells servers, storage and Juniper networking gear to enterprises, while Super Micro Computer is a pure-play AI server builder with no consumer PCs. All four assemble machines from memory and processors bought from suppliers.
Thin margins make that assembly role risky. Hardware makers keep a smaller slice of each sale than chip designers or cloud providers, so a jump in memory prices or a parts shortage can squeeze profits quickly. That makes Dell and its peers more volatile stocks than the companies supplying their chips, a key concern for retirement-minded readers.
What Comes Next for Dell and the Hardware Trade
Dell’s backlog gives the bulls a offset. The company disclosed on September 1 that it booked record AI orders of $60.9 billion, lifted its AI backlog to $95 billion and hiked its fiscal 2027 revenue outlook to $192 billion. That followed Q4 FY2026 results in which Dell posted EPS of $3.89, ahead of estimates. The bears can point to Intel’s view that PC weakness lasts until memory stabilizes, which threatens Dell’s PC unit and HP more than Hewlett Packard Enterprise.
Dell’s next test is whether AI server demand can outrun weaker PC sales and higher component costs. Watch for Super Micro Computer’s report on November 3, memory pricing and any hyperscaler commentary on server orders. The server, power and cooling suppliers behind the data center expansion are the quieter way to play the same trade, and we rounded up seven such companies in a free AI infrastructure report. Traders may prefer to keep their share exposure smaller until the memory supply crunch resolves.
Contact [email protected] for any questions or corrections.
AutoNation NYSE: AN reported third-quarter 2026 adjusted earnings per share of $5.11, up 2% from $5.01 a year earlier, marking its seventh consecutive quarter of year-over-year adjusted EPS growth. Management said record after-sales profit, growth in its captive finance operation and share repurchases helped offset lower vehicle sales in what CEO Mike Manley characterized as a sluggish demand environment.
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.
FedEx Freight (FDXF +16.38%), the trucking business that packages giant FedEx (FDX +3.18%) spun off in June, reported its first earnings as an independent company last night -- and the numbers hit Wall Street like a freight train.
Shares of the less-than-truckload freighter soared 14.9% through 1:10 p.m. ET.
Image source: Getty Images.
FedEx Freight four-month earningsWhat's all the fuss about with FedEx Freight? You may be surprised to learn that the news isn't as objectively great as the stock price reaction might imply:
Sales for FedEx Freight's "four-month transition period ended September 30, 2026" grew 9% to $3.3 billion, a result management described as merely "solid," while operating profit declined 6% year over year, operating margins shrank by 190 basis points, and diluted earnings per share fell 43% year over year to $1.54.
Average daily shipments declined more than 1%, and the main reason FedEx Freight was able to keep its revenue growing, it seems, was because revenue per shipment climbed 10%. (In other words, FedEx Freight raised its prices -- mainly to keep pace with the rising cost of fuel.)
What's next for FedEx Freight stockOne thing that worries me is that, with revenue rising but profits falling, it would appear FedEx Freight didn't raise its prices enough to fully offset higher fuel costs. Management, however, seems unconcerned and says they "remain confident in the base business as we approach 2027."
In the final quarter of 2026, meanwhile, management is guiding investors to expect more than $2.3 billion in revenue -- 12.5% year-over-year growth -- but profits to fall to about $0.20 per share. This number doesn't, however, count "retirement plan accounting adjustments" or "costs related to the spin-off."
With so much still in flux surrounding FedEx Freight, it's hard to get a firm handle on whether the stock is overvalued or undervalued. Given the uncertainty, my best advice is to wait for things to settle down a bit before deciding whether to buy in -- especially now that the stock has suddenly gotten 15% more expensive today!
Rich Smith has no position in any of the stocks mentioned. The Motley Fool recommends FedEx and FedEx Freight Holding Company. The Motley Fool has a disclosure policy.
The Bancorp, Inc. (TBBK) Q3 2026 Earnings Call October 30, 2026 8:00 AM EDT
Company Participants
Dominic Canuso - Executive VP & CFO
Damian Kozlowski - CEO, President & Director
Conference Call Participants
Joseph Yanchunis - Raymond James & Associates, Inc., Research Division
Timothy Switzer - Keefe, Bruyette, & Woods, Inc., Research Division
Manuel Navas - Piper Sandler & Co., Research Division
Presentation
Operator
Hello, everyone. Thank you for joining us, and welcome to The Bancorp Inc. Third Quarter 2026 Earnings Conference Call. [Operator Instructions]
I will now hand the conference over to Dominic Canuso, Chief Financial Officer. Dominic, please go ahead.
Dominic Canuso
Executive VP & CFO
Thank you, Holly. Good morning, and thank you for joining us today for The Bancorp's Third Quarter 2026 Financial Results Conference Call. On the call with me today is Damian Kozlowski, our Chief Executive Officer. This morning's call is being webcast on our website at www.thebancorp.com. There will be a replay of the call available via webcast on our website beginning at approximately 12:00 p.m. Eastern Time today.
Before I turn the call over to Damian, I would like to remind everyone that comments made during today's call, including responses to any questions, reflect management's view as of today, October 30, 2026. Yesterday, we issued our third quarter earnings release and updated investor presentation. Both are available on our Investor Relations website. We may make certain forward-looking statements on this call. These statements are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are subject to risks and uncertainties that could cause actual results to differ materially from the expectations and assumptions we discuss today. These statements include, but are not limited to, statements regarding our future financial and operational performance, business strategies, growth initiatives, expectations, projections and guidance.
On its third-quarter 2026 earnings call, held on Oct. 22, 2026, S&T Bancorp (STBA -0.67%) announced record quarterly revenue of nearly $108 million. The regional bank maintained profit margins above 4% by prioritizing loan yields over raw lending volume.
Three things management said stand out.
1. Disciplined Pricing Protects Profit Margins Over Loan VolumeManagement slowed lending activity rather than lowering interest rates on commercial real estate and business loans to chase deal volume. Protecting net interest margin, the difference between what a bank earns on loans and pays on deposits, generated higher overall profit.
Growth was impacted by our decisions to balance overall profitability and net interest margin against loan volume.
-- Christopher J. McComish, Chief Executive Officer2. Staying Below $10 Billion Delays Federal Fee CapsCrossing $10 billion in total assets triggers the Durbin Amendment, a federal rule that caps debit card interchange fee revenue for larger banks. Holding asset growth temporarily below that mark protects fee income through at least mid-2028.
Given the slower loan growth this quarter, we do not expect to cross the $10 billion threshold before year end, which would delay the Durbin impact to mid-2028 at the earliest.
-- Mark Kochvar, Chief Financial Officer3. Pure Checking Deposits Strengthen Funding StabilityNoninterest-bearing demand deposit accounts, which are zero-cost checking accounts where customers can withdraw funds at any time, represent 28% of total deposits. S&T Bancorp also eliminated all higher-cost brokered deposits from its balance sheet to lower overall funding costs.
The demand deposits continue to represent a significant component of our deposit base at 28% of total deposits. As a reminder, we reduced broker deposits by over $180 million year to date and currently have no broker deposits on the balance sheet.
-- Christopher J. McComish, Chief Executive OfficerLooking AheadS&T Bancorp is keeping a tight grip on operating costs while directing investment toward digital banking platforms. Management is watching regional deposit competition and credit underwriting standards as interest rates fluctuate.
As we move forward into the final quarter of the year, we remain focused on driving profitable growth, maintaining strong credit discipline, enhancing our operating efficiency, and continue to create long term value for our shareholders.
-- Christopher J. McComish, Chief Executive OfficerTo protect profitability, management plans to control noninterest expenses while expanding core customer relationships in its regional footprint.
We remain committed to investing in our deposit franchise as the primary driver both profitability and growth here at S and T.
-- David G. Antolik, PresidentThe Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
