Track market-moving stories before they get noisy

Century Communities (CCS - Free Report) came out with quarterly earnings of $1.3 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $1.37 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +106.35%. A quarter ago, it was expected that this single-family homebuilder would post earnings of $0.61 per share when it actually produced earnings of $0.88, delivering a surprise of +44.26%.

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

Century Communities, which belongs to the Zacks Building Products - Home Builders industry, posted revenues of $927.23 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 9.86%. This compares to year-ago revenues of $1 billion. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Century Communities shares have added about 7.5% since the beginning of the year versus the S&P 500's gain of 9.7%.

What's Next for Century Communities?While Century Communities has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Century Communities was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.98 on $971 million in revenues for the coming quarter and $3.84 on $3.77 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Building Products - Home Builders is currently in the bottom 17% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Meritage Homes (MTH - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on July 29.

This homebuilder is expected to post quarterly earnings of $1.30 per share in its upcoming report, which represents a year-over-year change of -36.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Meritage Homes' revenues are expected to be $1.43 billion, down 12.2% from the year-ago quarter.

Pinnacle Financial (PNFP - Free Report) reported $1.23 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 144%. EPS of $2.50 for the same period compares to $2.00 a year ago.

The reported revenue represents a surprise of +0.45% over the Zacks Consensus Estimate of $1.23 billion. With the consensus EPS estimate being $2.46, the EPS surprise was +1.63%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Pinnacle Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Net Interest Margin: 3.4% versus the four-analyst average estimate of 3.5%.Average balances - Total interest-earning assets: $112.67 billion compared to the $111.82 billion average estimate based on three analysts.Nonaccrual loans: $415 million versus $468.37 million estimated by three analysts on average.Annualized net loan charge-offs to avg. loans: 0.2% versus 0.2% estimated by three analysts on average.Total nonperforming assets: $444 million versus the three-analyst average estimate of $500.84 million.Net Interest Income: $956 million versus $965.58 million estimated by four analysts on average.Total noninterest income: $247 million compared to the $263.11 million average estimate based on four analysts.Non-Interest Revenue- Income from equity method investment: $24 million compared to the $24.03 million average estimate based on two analysts.Non-Interest Revenue- Capital markets income: $18 million versus the two-analyst average estimate of $14.97 million.Non-Interest Revenue- Income from bank-owned life insurance: $19 million versus $19.9 million estimated by two analysts on average.Non-Interest Revenue- Other non-interest income: $28 million compared to the $26.82 million average estimate based on two analysts.Non-Interest Revenue- Wealth management revenue: $85 million versus $86.1 million estimated by two analysts on average.View all Key Company Metrics for Pinnacle Financial here>>>

Shares of Pinnacle Financial have returned +0.8% over the past month versus the Zacks S&P 500 composite's +0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

On July 22, 2026, Delek Logistics Partners LP (DKL) shares rose 3.6% today, bringing the current price to $57.22. The stock has been quite volatile over the pas

, /PRNewswire/ -- 

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Badger Meter, Inc. (NYSE: BMI) between April 18, 2024 and April 16, 2026, inclusive (the "Class Period"), of the important August 3, 2026 lead plaintiff deadline.

So what: If you purchased Badger Meter common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Badger Meter class action, go to https://rosenlegal.com/cases/badger-meter-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 3, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements concerning the drivers of Badger Meter's "record" financial results, demand for Badger Meter's products, and its prospects for continued growth. During the Class Period, defendants told investors that Badger Meter's strong financial results reflected "ongoing favorable industry trends," "secular growth drivers," and "solid operating execution." They likewise touted "strong" demand and said they were seeing "robust order pacing and a strong bid pipeline that positions us well for continued sales and earnings growth," and that Badger Meter possessed a "long runway" for growth.

According to the lawsuit, these statements were materially false and misleading. In truth, Badger Meter's financial results during the Class Period were at least partially attributable to Badger Meter's practice of pulling-forward customer orders to recognize revenue early, which concealed weakening demand and deteriorating near-term order trends. This practice also depleted revenue otherwise available for future periods, ultimately causing the disappointing financial results Badger Meter later reported. When the true details entered the market, the lawsuit claims that investors suffered damages. 

To join the Badger Meter class action, go to https://rosenlegal.com/cases/badger-meter-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.

Onto Innovation (ONTO - Free Report) ended the recent trading session at $295.25, demonstrating a -1.27% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.14%. Elsewhere, the Dow lost 0.01%, while the tech-heavy Nasdaq lost 0.57%.

The maker of semiconductor manufacturing equipment's stock has dropped by 5.33% in the past month, falling short of the Computer and Technology sector's loss of 4.82% and the S&P 500's gain of 0.25%.

The investment community will be closely monitoring the performance of Onto Innovation in its forthcoming earnings report. The company is scheduled to release its earnings on August 6, 2026. In that report, analysts expect Onto Innovation to post earnings of $1.68 per share. This would mark year-over-year growth of 34.4%. In the meantime, our current consensus estimate forecasts the revenue to be $325.6 million, indicating a 28.39% growth compared to the corresponding quarter of the prior year.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $7.14 per share and a revenue of $1.33 billion, signifying shifts of +44.53% and +32.56%, respectively, from the last year.

Any recent changes to analyst estimates for Onto Innovation should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. At present, Onto Innovation boasts a Zacks Rank of #1 (Strong Buy).

With respect to valuation, Onto Innovation is currently being traded at a Forward P/E ratio of 41.9. This expresses no noticeable deviation compared to the average Forward P/E of 41.9 of its industry.

It is also worth noting that ONTO currently has a PEG ratio of 1.22. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Nanotechnology was holding an average PEG ratio of 1.22 at yesterday's closing price.

The Nanotechnology industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 1, which puts it in the top 1% of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.

Stifel Financial: A Wealth Manager’s Stock for Wealth InvestorsRaymond James Financial NYSE: RJF reported record fiscal third-quarter revenue and earnings, citing growth across its wealth management, asset management and banking businesses, continued advisor recruiting momentum and a stronger investment banking environment, though management said capital markets activity remains below normalized levels.

Chief Executive Officer Paul Shoukry said the company generated record quarterly revenues of $3.93 billion, up 16% from the prior-year quarter and 2% from the preceding quarter. Pre-tax income rose 33% year over year and 2% sequentially to $750 million.

Get RJF alerts:

AI Panic Hits Wall Street: 3 Financial Stocks on Sale“Our results for the Q3 were strong and contributed to our record results through the first nine months of the fiscal year,” Shoukry said. He attributed the performance to Raymond James’ long-term growth strategies, diversified business model and conservative management approach.

Chief Financial Officer Butch Oorlog said net income available to common shareholders was $595 million, while earnings per diluted share reached a record $3.01. Adjusted net income available to common shareholders, excluding acquisition-related expenses, was $620 million, resulting in record adjusted earnings per diluted share of $3.14.

Private Client Group assets reach record level 3 Finance Stocks Leaving Coal in Investors StockingsThe Private Client Group ended the quarter with a record $1.86 trillion in client assets under administration, up 9% from the preceding quarter and 18% from a year earlier. Domestic net new assets were $21.7 billion during the quarter, representing a 5.5% annualized growth rate.

Shoukry said Raymond James recruited financial advisors to its domestic independent contractor and employee channels during the quarter with trailing 12-month production totaling $156 million and nearly $23 billion of client assets at their prior firms. Through the first nine months of the fiscal year, the company recruited advisors with $393 million in trailing 12-month production and more than $56 billion in client assets at previous firms.

During the question-and-answer session, Shoukry said the company’s recruiting pipeline remains broad-based across affiliation options and is not tied to a single competitor or market catalyst. He also emphasized advisor retention, saying Raymond James has a 97% advisor satisfaction rate based on company surveys.

“That retention is the foundation for the growth,” Shoukry said. He added that advisors are attracted to the firm’s combination of culture, technology, product capabilities and affiliation choice.

The Private Client Group generated pre-tax income of $423 million on record quarterly net revenues of $2.84 billion. Oorlog said revenues increased 14% year over year, primarily because of higher assets under administration, market appreciation, strong retention and net new assets. Pre-tax income rose 3% from the year-ago period, with revenue growth partly offset by lower interest rates and investments in growth, including recruiting.

Capital Markets improves, but activity remains below normal Raymond James’ Capital Markets segment posted quarterly net revenues of $477 million and pre-tax income of $48 million. Oorlog said revenue rose both year over year and sequentially, largely because of higher M&A and advisory revenue and higher debt underwriting revenue.

Shoukry said investment banking results improved in the quarter, but activity levels remain below what the company would consider a normalized environment, particularly in the middle market and sponsor-driven client segments. He said Raymond James entered the fiscal fourth quarter with an “encouraging pipeline.”

Asked what is needed for activity to return to normalized levels, Shoukry pointed to pent-up demand among financial sponsors, portfolio companies held longer than originally expected and buyer dry powder. He also cited industry-specific issues, including concerns around artificial intelligence in software and fintech, and valuation gaps between buyers and sellers.

“We think that there’s going to be significant room for upside in investment banking,” Shoukry said, while noting that timing remains difficult to predict.

Asset Management boosted by market gains, inflows and Clark Capital The Asset Management segment generated record net revenues of $362 million and pre-tax income of $143 million. Oorlog said results were driven by higher financial assets under management compared with the prior-year quarter, reflecting market appreciation and strong net inflows into Private Client Group fee-based accounts.

Raymond James also completed its acquisition of Clark Capital during the quarter. Shoukry said the acquisition added wealth-focused solutions and approximately $47 billion in combined assets under management and non-discretionary assets to Raymond James’ platform.

In response to an analyst question, Shoukry said Clark Capital is a strong cultural fit and that the company is focused initially on stabilizing the client base and team before pursuing broader revenue synergies.

“Frankly, for the first year or so after you join a family, you really focus on stabilizing your client base, stabilizing your team, and getting everyone comfortable with the new family,” he said.

At the consolidated level, asset management and related administrative fees were $2.08 billion, up 20% from the prior year and 3% from the preceding quarter. Oorlog said fiscal fourth-quarter asset management and related administrative fees are expected to increase approximately 11% from the third-quarter level, primarily because of higher Private Client Group fee-based assets at quarter-end.

Bank loans hit record as securities-based lending grows The bank segment reported net revenues of $488 million and record pre-tax income of $206 million. Oorlog said revenue increased 7% year over year, largely due to net loan growth. The segment also benefited from a loan loss reserve release tied to stronger credit quality as the loan portfolio shifted toward lower-risk securities-based and residential mortgage loans.

Total bank loans ended the quarter at a record $56.2 billion, up 13% from the year-ago quarter and 3% sequentially. Shoukry said growth was driven primarily by securities-based lending balances, which increased more than $6 billion, or 34%, from a year earlier and 8% sequentially.

Oorlog said securities-based loans and residential mortgages represented 64% of total loans held for investment, at approximately 44% and 20% of the total, respectively.

Client domestic cash sweep and Enhanced Savings Program balances ended the quarter at $58.8 billion, up 2% sequentially and 7% year over year. Oorlog said growth in Enhanced Savings Program balances allowed Raymond James to shift part of its cash sweep program balances from its banks to third-party banks.

Combined net interest income and RJBDP fees from third-party banks were $658 million, up 1% from the prior quarter. Oorlog said Raymond James expects that combined figure to be approximately flat in the fiscal fourth quarter, assuming static interest rates and unchanged quarter-end balances, net of fiscal fourth-quarter fee billing collection.

Technology, AI and capital returns remain priorities Management highlighted Raymond James’ technology investments, including more than $1.1 billion in annual technology spending. Shoukry said the company completed the enterprise rollout of Rai, its proprietary AI assistant, after a pilot program and phased deployment.

During the Q&A session, Shoukry said Rai had 6,500 unique users shortly after its June 15 rollout and a 99.5% satisfaction rate. He also said nearly 20,000 people had completed the company’s AI Academy four-course module.

“AI will not replace advisors. Advisors who use AI will replace advisors who do not use AI,” Shoukry said, describing the firm’s goal of helping advisors use AI to spend more time developing client relationships.

Raymond James returned $506 million of capital to shareholders during the quarter through dividends and share repurchases. The company repurchased $400 million of common stock at an average price of $152 per share during the quarter. Over the past 12 months, it repurchased 9.8 million shares for about $1.6 billion and returned nearly $2 billion to common shareholders, including dividends.

Oorlog said Raymond James ended the quarter with a Tier 1 leverage ratio of 11.7% and a total capital ratio of 22.5%, remaining above regulatory requirements. Parent company cash was $2.5 billion, including $1.3 billion above the company’s $1.2 billion target.

Shoukry said Raymond James enters the fiscal fourth quarter with momentum from strong business drivers, recruiting, investment banking pipelines and capital and liquidity to support growth.

About Raymond James Financial (NYSE:RJF)Raymond James Financial is a diversified financial services firm headquartered in St. Petersburg, Florida. Founded in 1962, the company provides a range of services to individual investors, businesses and institutions through a combination of wealth management, capital markets, investment banking, asset management, banking and trust services. Its business model centers on a network of financial advisors and broker-dealer operations that deliver personalized financial planning, investment advisory services and brokerage solutions.

The firm's core offerings include private client wealth management delivered by independent and employee advisors, equity and fixed-income research, institutional sales and trading, and investment banking services such as mergers and acquisitions advisory and capital raising.

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].

Should You Invest $1,000 in Raymond James Financial Right Now?Before you consider Raymond James Financial, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Raymond James Financial wasn't on the list.

While Raymond James Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead. This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.

Get This Free Report

Goosehead Insurance (GSHD - Free Report) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.49 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +23.08%. A quarter ago, it was expected that this insurance company would post earnings of $0.2 per share when it actually produced earnings of $0.3, delivering a surprise of +50%.

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

Goosehead, which belongs to the Zacks Insurance - Multi line industry, posted revenues of $113.39 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 9.70%. This compares to year-ago revenues of $94.03 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Goosehead shares have lost about 27% since the beginning of the year versus the S&P 500's gain of 9.7%.

What's Next for Goosehead?While Goosehead has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Goosehead was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.59 on $106.96 million in revenues for the coming quarter and $2.18 on $418.27 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Insurance - Multi line is currently in the bottom 32% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the same industry, Oscar Health, Inc. (OSCR - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 6.

This company is expected to post quarterly earnings of $0.45 per share in its upcoming report, which represents a year-over-year change of +150.6%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Oscar Health, Inc.'s revenues are expected to be $4.89 billion, up 70.9% from the year-ago quarter.

SoFi Technologies, Inc. (SOFI - Free Report) ended the recent trading session at $17.07, demonstrating a -3.23% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 0.14%. On the other hand, the Dow registered a loss of 0.01%, and the technology-centric Nasdaq decreased by 0.57%.

Coming into today, shares of the company had gained 2.02% in the past month. In that same time, the Finance sector gained 2.55%, while the S&P 500 gained 0.25%.

Market participants will be closely following the financial results of SoFi Technologies, Inc. in its upcoming release. The company plans to announce its earnings on July 29, 2026. On that day, SoFi Technologies, Inc. is projected to report earnings of $0.11 per share, which would represent year-over-year growth of 37.5%. Alongside, our most recent consensus estimate is anticipating revenue of $1.11 billion, indicating a 29.67% upward movement from the same quarter last year.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.59 per share and a revenue of $4.66 billion, signifying shifts of +51.28% and +29.85%, respectively, from the last year.

Investors should also note any recent changes to analyst estimates for SoFi Technologies, Inc. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.21% lower within the past month. At present, SoFi Technologies, Inc. boasts a Zacks Rank of #3 (Hold).

Looking at its valuation, SoFi Technologies, Inc. is holding a Forward P/E ratio of 29.81. This valuation marks a premium compared to its industry average Forward P/E of 11.

The Financial - Miscellaneous Services industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 186, finds itself in the bottom 25% echelons of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

Equity Lifestyle Properties (ELS - Free Report) came out with quarterly funds from operations (FFO) of $0.74 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to FFO of $0.69 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an FFO surprise of +2.78%. A quarter ago, it was expected that this resort community operator would post FFO of $0.84 per share when it actually produced FFO of $0.84, delivering no surprise.

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

Equity Lifestyle Properties, which belongs to the Zacks REIT and Equity Trust - Residential industry, posted revenues of $397.82 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 4.02%. This compares to year-ago revenues of $376.87 million. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.

Equity Lifestyle Properties shares have added about 7.1% since the beginning of the year versus the S&P 500's gain of 9.7%.

What's Next for Equity Lifestyle Properties?While Equity Lifestyle Properties has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Equity Lifestyle Properties was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus FFO estimate is $0.79 on $398.99 million in revenues for the coming quarter and $3.18 on $1.57 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Residential is currently in the top 38% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the same industry, LXP Industrial (LXP - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on July 29.

This real estate investment trust is expected to post quarterly earnings of $0.83 per share in its upcoming report, which represents a year-over-year change of +3.8%. The consensus EPS estimate for the quarter has been revised 0.8% higher over the last 30 days to the current level.

LXP Industrial's revenues are expected to be $88.12 million, up 0.5% from the year-ago quarter.

NEW YORK, July 22, 2026 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, continues to investigate potential breaches of fiduciary duties by the directors and officers of Manhattan Associates, Inc. (NASDAQ: MANH).

If you currently own shares of Manhattan Associates stock, please visit the firm’s website at https://rosenlegal.com/submit-form/?case_id=35966 for more information. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected].

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:        

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        www.rosenlegal.com

These 3 Stocks Just Got Upgraded—and Could Keep ClimbingKnight-Swift Transportation NYSE: KNX executives said the truckload freight market tightened sharply during the second quarter of 2026, helping drive year-over-year earnings improvement and prompting the company to issue third-quarter adjusted earnings guidance above its second-quarter result.

Chief Executive Officer Adam Miller said spot rates have been “trending well ahead of normal seasonality,” tender rejection rates have reached levels not seen since 2021, and contractual bid activity has become increasingly supportive. He characterized the tightening as “largely supply-driven,” though he said signs of improving demand are beginning to appear.

Get KNX alerts:

Why Goldman Sachs Suddenly Boosted These 3 Trucking StocksMiller said the company’s own tender rejection rates ran at roughly twice the level of public market indications during the second quarter, which he cited as evidence that demand for Knight-Swift’s truckload service offering is outpacing the broader market. He said realized revenue per mile began to recover in the quarter, with revenue per mile accelerating in June as more recent bids took effect. Those bids, he said, largely reflected double-digit percentage pricing gains.

Second-Quarter Earnings Improve Chief Financial Officer Andrew Hess said consolidated revenue, excluding truckload and LTL fuel surcharge, increased 5.5% year over year. GAAP earnings per diluted share were $0.26, up 23.8% from the prior-year period, while adjusted earnings per share were $0.63, an 80% increase. Consolidated adjusted operating ratio improved 240 basis points to 91.4%.

Saia Builds Value: Why Its Uptrend Is Set to ContinueHess said the earnings improvement was primarily driven by pricing and network efficiency gains across the company’s asset-based businesses. He said all reportable segments other than Logistics improved their operating margins and income contribution year over year.

The company projected adjusted earnings per share of $0.71 to $0.77 for the third quarter of 2026. Treasurer and Senior Vice President of Investor Relations Brad Stewart said the outlook reflects recent trends in volumes, spot rates, rate activity and driver hiring, as well as expected seasonal patterns in truckload and LTL services.

Truckload Segment Benefits From Pricing and Network Efficiency Knight-Swift’s Truckload segment increased revenue, excluding fuel surcharge, by 2.8% year over year, while adjusted operating income rose 69.4%. Revenue per loaded mile, excluding fuel surcharge and intersegment transactions, increased 5.5% for the quarter.

Hess said the company reduced deadhead miles by 140 basis points, improving revenue per total mile. The segment’s adjusted operating ratio improved 360 basis points year over year to 91%, which he said was the best adjusted operating margin for the combined Truckload segment in more than three years.

Rate improvement accelerated in June, Hess said, with Truckload revenue per loaded mile, excluding fuel surcharge, up 8.4% year over year and revenue excluding fuel surcharge per tractor up 10.1%. He said results were stronger in the over-the-road service, which he described as the most capacity-constrained portion of the market.

Hess also said U.S. Xpress is making greater rate gains than Knight-Swift’s legacy brands, consistent with the company’s acquisition thesis. He said the U.S. Xpress over-the-road division posted its first profitable quarter since the acquisition.

During the question-and-answer portion of the call, Miller said Knight-Swift started the year with spot market exposure of about 10% and is now in the mid-teens. He said the company is continuing to see mini-bids, turnback bids and project activity as shippers look for capacity.

LTL, Logistics and Intermodal Results Diverge In the LTL segment, revenue excluding fuel surcharge declined 1.4% year over year, driven by a 3.7% decrease in shipments per day as the company metered certain volumes to improve freight mix and network efficiency. Daily tonnage increased 4%, weight per shipment rose 7.9%, and length of haul increased 5.3%.

Revenue per hundredweight, excluding fuel surcharge, declined 4.2%, which Hess attributed to the increase in weight per shipment, while revenue per shipment rose 3.4%. The segment’s adjusted operating ratio improved 100 basis points to 92.1%, and adjusted operating income increased 13.3%.

Hess said LTL demand has been generally stable, with “pockets of improvement” and some indirect benefits from truckload tightness. In response to an analyst question, he said shipments per day improved through the quarter, with year-over-year declines narrowing from 6.5% in April to 3.2% in May and 1.3% in June.

The Logistics segment grew revenue 8.9% year over year, driven by a 29.6% increase in revenue per load, partially offset by a 16.4% decline in load count. Stewart said the company maintained a disciplined approach to profitability and carrier quality. Gross margin declined to 15.4%, down 350 basis points year over year, and the adjusted operating ratio deteriorated 160 basis points to 96.4%.

Intermodal revenue increased 34.9% year over year, with load count up 19.6% and revenue per load up 12.8%. The segment improved its operating ratio by 470 basis points. Stewart said load count improved progressively through the quarter, while core pricing also improved. He said intermodal pricing remains more competitive than truckload, but the company is seeing opportunities from mini-bids, turnback bids and modal conversion.

Regulatory and Legal Changes Seen Tightening Capacity Miller said the company expects ongoing federal efforts to address invalid commercial driver’s licenses, cabotage, non-compliant CDL schools and hours-of-service abuses to continue affecting capacity. He said those initiatives should have an “outsized impact” on the one-way truckload market, particularly among lower-priced capacity.

Miller also discussed the Supreme Court’s Montgomery ruling, saying it could tighten the market further by increasing insurance costs and raising shipper and broker selection standards. He said the ruling should not add cost to Knight-Swift’s asset-based business because of the company’s longstanding safety investments, but could create opportunities as shippers favor quality asset-based capacity.

For brokerage operations, Miller said the ruling could change economic incentives across a large portion of the industry. He said some shippers are asking for higher insurance limits, seeking more information on carrier vetting practices, or requesting the right to approve broker carriers before assignment. He also said Knight-Swift’s brokerage insurance renewal was affected shortly after the ruling, with premium rates increasing to multiples of the prior coverage.

Driver Availability and Capital Structure in Focus Miller said recruiting and retaining quality drivers has become more challenging as market conditions tighten. He said the company is making targeted investments beginning in the third quarter, generally in the form of hiring and productivity incentives, while seeking to preserve margin recovery.

In response to analyst questions, Miller said the current driver labor market differs from 2020 and 2021, when carriers were competing with government stimulus and a tighter overall labor market. He said driver pay increases are expected to be more targeted this cycle, and not as broad-based as in the prior upcycle.

Stewart also reviewed the company’s second-quarter convertible bond issuance. He said Knight-Swift issued bonds at 1% to repay floating-rate debt around 5%, which the company expects to generate approximately $44 million in annual pretax savings after deal costs. The company also used $107 million of proceeds to purchase a call spread, increasing the effective conversion price from roughly $80 per share to $105 per share.

About Knight-Swift Transportation (NYSE:KNX)Knight-Swift Transportation Holdings Inc NYSE: KNX is one of North America's largest asset-based truckload carriers, offering a wide range of transportation and logistics services. The company was formed in 2017 through the merger of Knight Transportation and Swift Transportation, each with decades of experience in long-haul dry van and refrigerated freight. Since the merger, Knight-Swift has pursued a growth strategy that includes fleet expansions, targeted acquisitions, and investments in technology to enhance service reliability and network efficiency.

The company's core business activities include full truckload operations for dry van, temperature-controlled and flatbed shipments.

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].

Should You Invest $1,000 in Knight-Swift Transportation Right Now?Before you consider Knight-Swift Transportation, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Knight-Swift Transportation wasn't on the list.

While Knight-Swift Transportation currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead. This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.

Get This Free Report

Equity Residential (EQR - Free Report) came out with quarterly funds from operations (FFO) of $1.02 per share, beating the Zacks Consensus Estimate of $1.01 per share. This compares to FFO of $0.99 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an FFO surprise of +0.99%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.95 per share when it actually produced FFO of $0.99, delivering a surprise of +4.21%.

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

Equity Residential, which belongs to the Zacks REIT and Equity Trust - Residential industry, posted revenues of $785.05 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 0.08%. This compares to year-ago revenues of $768.83 million. The company has topped consensus revenue estimates just once over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.

Equity Residential shares have added about 8.3% since the beginning of the year versus the S&P 500's gain of 9.7%.

What's Next for Equity Residential?While Equity Residential has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Equity Residential was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus FFO estimate is $1.04 on $793.72 million in revenues for the coming quarter and $4.07 on $3.16 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Residential is currently in the top 38% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Mid-America Apartment Communities (MAA - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on July 29.

This real estate investment trust is expected to post quarterly earnings of $2.08 per share in its upcoming report, which represents a year-over-year change of -3.3%. The consensus EPS estimate for the quarter has been revised 0.3% higher over the last 30 days to the current level.

Mid-America Apartment Communities' revenues are expected to be $557.28 million, up 1.3% from the year-ago quarter.

In the latest close session, e.l.f. Beauty (ELF - Free Report) was down 1.09% at $79.03. The stock's performance was behind the S&P 500's daily loss of 0.14%. Elsewhere, the Dow lost 0.01%, while the tech-heavy Nasdaq lost 0.57%.

Coming into today, shares of the cosmetics company had gained 25.85% in the past month. In that same time, the Consumer Staples sector gained 1.73%, while the S&P 500 gained 0.25%.

Analysts and investors alike will be keeping a close eye on the performance of e.l.f. Beauty in its upcoming earnings disclosure. The company is expected to report EPS of $0.71, down 20.22% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $425.66 million, indicating a 20.33% growth compared to the corresponding quarter of the prior year.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $3.31 per share and a revenue of $1.86 billion, representing changes of +5.75% and +13.57%, respectively, from the prior year.

Investors should also note any recent changes to analyst estimates for e.l.f Beauty. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.12% higher. Right now, e.l.f. Beauty possesses a Zacks Rank of #3 (Hold).

Investors should also note e.l.f. Beauty's current valuation metrics, including its Forward P/E ratio of 24.11. This expresses no noticeable deviation compared to the average Forward P/E of 24.11 of its industry.

Also, we should mention that ELF has a PEG ratio of 2.27. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Cosmetics stocks are, on average, holding a PEG ratio of 0.81 based on yesterday's closing prices.

The Cosmetics industry is part of the Consumer Staples sector. This industry, currently bearing a Zacks Industry Rank of 172, finds itself in the bottom 31% echelons of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

AST SpaceMobile, Inc. (ASTS - Free Report) ended the recent trading session at $61.95, demonstrating a -2.19% change from the preceding day's closing price. This change lagged the S&P 500's daily loss of 0.14%. Meanwhile, the Dow lost 0.01%, and the Nasdaq, a tech-heavy index, lost 0.57%.

The company's stock has dropped by 13.08% in the past month, falling short of the Computer and Technology sector's loss of 4.82% and the S&P 500's gain of 0.25%.

Investors will be eagerly watching for the performance of AST SpaceMobile, Inc. in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of -$0.28, marking a 31.71% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $34.13 million, indicating a 2842.24% upward movement from the same quarter last year.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$1.38 per share and revenue of $163.68 million. These totals would mark changes of -2.99% and +130.8%, respectively, from last year.

Investors should also note any recent changes to analyst estimates for AST SpaceMobile, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 5.55% higher. Right now, AST SpaceMobile, Inc. possesses a Zacks Rank of #3 (Hold).

The Wireless Equipment industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 69, placing it within the top 29% of over 250 industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

SoundHound AI, Inc. (SOUN - Free Report) ended the recent trading session at $6.46, demonstrating a -1.45% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.14%. At the same time, the Dow lost 0.01%, and the tech-heavy Nasdaq lost 0.57%.

Heading into today, shares of the company had gained 1.79% over the past month, outpacing the Computer and Technology sector's loss of 4.82% and the S&P 500's gain of 0.25%.

The investment community will be closely monitoring the performance of SoundHound AI, Inc. in its forthcoming earnings report. The company's upcoming EPS is projected at -$0.05, signifying a 66.67% drop compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $52.49 million, indicating a 22.99% increase compared to the same quarter of the previous year.

For the full year, the Zacks Consensus Estimates are projecting earnings of -$0.18 per share and revenue of $233.16 million, which would represent changes of -38.46% and +38.03%, respectively, from the prior year.

Investors should also pay attention to any latest changes in analyst estimates for SoundHound AI, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Currently, SoundHound AI, Inc. is carrying a Zacks Rank of #3 (Hold).

The Computers - IT Services industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 64, placing it within the top 27% of over 250 industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow SOUN in the coming trading sessions, be sure to utilize Zacks.com.

Rogers Communications Inc. remains a value/income play for patient investors, despite recent underperformance. RCI's undervaluation thesis centers on rising free cash flow and untapped sports/media asset value. Material upside hinges on confirming MLSE's value and meaningful debt reduction.

In the latest trading session, GigaCloud Technology Inc. (GCT - Free Report) closed at $37.10, marking a -3.61% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.14%. Elsewhere, the Dow saw a downswing of 0.01%, while the tech-heavy Nasdaq depreciated by 0.57%.

The company's shares have seen an increase of 15.55% over the last month, surpassing the Business Services sector's gain of 4.1% and the S&P 500's gain of 0.25%.

The investment community will be closely monitoring the performance of GigaCloud Technology Inc. in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $0.85, reflecting a 6.59% decrease from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $383.7 million, up 18.94% from the year-ago period.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $4.18 per share and a revenue of $1.53 billion, signifying shifts of +16.43% and +18.96%, respectively, from the last year.

Any recent changes to analyst estimates for GigaCloud Technology Inc. should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. GigaCloud Technology Inc. is currently a Zacks Rank #3 (Hold).

From a valuation perspective, GigaCloud Technology Inc. is currently exchanging hands at a Forward P/E ratio of 9.21. This denotes a discount relative to the industry average Forward P/E of 16.41.

The Technology Services industry is part of the Business Services sector. At present, this industry carries a Zacks Industry Rank of 98, placing it within the top 40% of over 250 industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

SL Green (SLG - Free Report) came out with quarterly funds from operations (FFO) of $1.43 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to FFO of $1.63 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an FFO surprise of +20.17%. A quarter ago, it was expected that this commercial real estate investment trust would post FFO of $1.06 per share when it actually produced FFO of $0.84, delivering a surprise of -20.75%.

Over the last four quarters, the company has surpassed consensus FFO estimates three times.

SL Green, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $171.85 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.21%. This compares to year-ago revenues of $147.54 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.

SL Green shares have added about 10.8% since the beginning of the year versus the S&P 500's gain of 9.7%.

What's Next for SL Green?While SL Green has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.

Ahead of this earnings release, the estimate revisions trend for SL Green was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus FFO estimate is $1.16 on $174.14 million in revenues for the coming quarter and $4.61 on $687.33 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Other is currently in the top 24% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, Rexford Industrial (REXR - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on July 23.

This industrial real estate investment trust is expected to post quarterly earnings of $0.60 per share in its upcoming report, which represents a year-over-year change of +1.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Rexford Industrial's revenues are expected to be $246.07 million, down 1.4% from the year-ago quarter.

Today's Change

(

4.44

%) $

0.34

Current Price

$

8.00

Ondas (ONDS +4.44%), a drone networking and autonomous defense systems provider, closed at $8.00, up 4.44%. Premarket, the company announced $70 million in new orders over the past month, and investors are watching the execution of the order backlog next. Trading volume reached 171.9M shares, coming in about 107% above its three-month average of 82.9M shares. Ondas IPO'd in 2020 and has grown 30% since going public.

How the markets moved todayThe S&P 500 (^GSPC -0.14%) fell 0.13% to 7,499, while the Nasdaq Composite (^IXIC -0.57%) dropped 0.57% to 25,691. Among aerospace & defense peers in private wireless, drone, and counter-UAS systems, AeroVironment closed at $150.35, up 1.01%, while Red Cat Holdings finished at $7.83, down 8.85%, underscoring uneven sentiment across the group.

What this means for investorsAfter seeing its stock nearly halve from $12 to $6 since the start of June, drone-focused Ondas has rebounded nicely over the last week, announcing $70 million in new orders over the last four weeks. This figure is attention-grabbing because it shows a sharp rise from $40 million in June and $30 million in May, indicating an acceleration in growth.

Buoyed by this burgeoning order book, a backlog of over $450 million, and $1.4 billion in cash available for use with the company’s serial acquisition strategy, Ondas and its management believe it will generate $525 million in sales in 2026. Compared to the company’s market cap of $4.4 billion, this growth is an interesting story to monitor. That said, Ondas is relying heavily upon shareholder dilution to fund its voracious appetite for M&A -- shares outstanding have doubled over the last year -- so ONDS stock will remain a highly volatile, high-risk, high-reward proposition.

Blue Bird (BLBD - Free Report) ended the recent trading session at $80.20, demonstrating a -1.33% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.14% for the day. On the other hand, the Dow registered a loss of 0.01%, and the technology-centric Nasdaq decreased by 0.57%.

Coming into today, shares of the school bus maker had gained 10.26% in the past month. In that same time, the Auto-Tires-Trucks sector lost 4.03%, while the S&P 500 gained 0.25%.

The investment community will be closely monitoring the performance of Blue Bird in its forthcoming earnings report. In that report, analysts expect Blue Bird to post earnings of $1.22 per share. This would mark year-over-year growth of 2.52%. Meanwhile, the latest consensus estimate predicts the revenue to be $498.7 million, indicating a 25.3% increase compared to the same quarter of the previous year.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $4.74 per share and revenue of $1.74 billion. These totals would mark changes of +8.22% and +17.88%, respectively, from last year.

It is also important to note the recent changes to analyst estimates for Blue Bird. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 3.45% higher. Currently, Blue Bird is carrying a Zacks Rank of #3 (Hold).

Investors should also note Blue Bird's current valuation metrics, including its Forward P/E ratio of 17.15. Its industry sports an average Forward P/E of 19.24, so one might conclude that Blue Bird is trading at a discount comparatively.

It's also important to note that BLBD currently trades at a PEG ratio of 1.04. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Automotive - Domestic industry stood at 1.04 at the close of the market yesterday.

The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 105, putting it in the top 43% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.

Powell Industries (POWL - Free Report) ended the recent trading session at $240.68, demonstrating a -1.52% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.14%. Elsewhere, the Dow lost 0.01%, while the tech-heavy Nasdaq lost 0.57%.

Heading into today, shares of the energy equipment company had lost 16.16% over the past month, lagging the Industrial Products sector's loss of 3.37% and the S&P 500's gain of 0.25%.

Market participants will be closely following the financial results of Powell Industries in its upcoming release. The company plans to announce its earnings on August 3, 2026. The company is predicted to post an EPS of $1.49, indicating a 12.88% growth compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $318.25 million, indicating a 11.17% growth compared to the corresponding quarter of the prior year.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $5.47 per share and revenue of $1.2 billion. These totals would mark changes of +10.51% and +8.73%, respectively, from last year.

It is also important to note the recent changes to analyst estimates for Powell Industries. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. As of now, Powell Industries holds a Zacks Rank of #3 (Hold).

Looking at valuation, Powell Industries is presently trading at a Forward P/E ratio of 44.68. This valuation marks a premium compared to its industry average Forward P/E of 22.68.

It is also worth noting that POWL currently has a PEG ratio of 3.19. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Manufacturing - Electronics was holding an average PEG ratio of 1.61 at yesterday's closing price.

The Manufacturing - Electronics industry is part of the Industrial Products sector. This industry currently has a Zacks Industry Rank of 105, which puts it in the top 43% of all 250+ industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.

SpaceX (SPCX -6.70%) is once again looking to launch a test flight of its Starship megarocket. Investors should be paying very close attention, as the impact on SpaceX’s stock price should be meaningful.

After several aborted attempts, the company is looking to complete the rocket’s thirteenth test flight on July 23. As with most SpaceX launches, the attempt will be livestreamed via the company’s website.

“The booster’s primary test objective will be executing a successful launch, ascent, stage separation, boostback burn, and landing burn at an offshore landing point in the Gulf of America,” SpaceX explains. “There have been several modifications to hardware and software to address issues seen on the previous flight.”

The impact of this test flight for SpaceX cannot be overstated. In many ways, SpaceX’s long-term growth plans hinge on the company’s ability to successfully commercialize its Starship rocket.

If you’re a current or potential SpaceX investor, there are two things you need to know.

Today's Change

(

-6.70

%) $

-8.28

Current Price

$

115.26

1. Starship is critical for SpaceX growth plansIn its IPO prospectus filed earlier this year, SpaceX was not shy about predicting its growth potential.

“We believe we have identified the largest actionable total addressable market in human history,” the company boasted. “We estimate that our quantifiable TAM is $28.5 trillion.”

Digging deeper, it may be surprising to learn that SpaceX attributes just $370 billion to what it calls “space-enabled solutions”. That bucket includes the total revenue potential of commercializing its Starship rockets.

With a market cap well above $2 trillion, successfully commercializing rockets may not seem critical to SpaceX’s long-term plan, given its relatively low growth potential. But investors must understand that the success of SpaceX’s Starship rocket will enable other growth opportunities that are much more lucrative long term. In other words, Starship’s value won’t be relegated to payload fees alone.

For example, SpaceX attributes $1.6 trillion of its total addressable market to its Starlink internet service. If successful, its Starship rocket would dramatically increase the number of satellites SpaceX can launch in any given year while also lowering the cost of getting them into space.

In other words, SpaceX’s Starship rocket will increase the odds that SpaceX will be able to realize as much of its claimed $1.6 trillion opportunity as possible.

Meanwhile, SpaceX attributes a massive $26.5 trillion of its total $28.5 trillion addressable market to a single opportunity: AI. While this bucket contains many smaller opportunities, one of SpaceX’s biggest growth catalysts should be the realization of orbital data centers.

Orbital data centers are exactly what they sound like: data centers that operate in space. In space, data centers can take better advantage of solar energy and low ambient temperatures, lowering ongoing operating costs.

There are many technical challenges to getting data centers to operate successfully in space. One of the biggest, however, is simply getting these systems into space economically. If successful, SpaceX’s Starship rocket would meaningfully improve the company’s chances of doing so.

Image Source: Getty Images

2. Competition for Starship is heating upSpaceX’s rocket program is arguably the most advanced rocket program on the planet. But there’s rising investment across the industry, which will create more competition for SpaceX over the coming months and years.

Government entities like China’s CNSA and India’s ISRO are pursuing their own rocket developments. Meanwhile, private companies, including Blue Origin, Rocket Lab (RKLB +0.91%), and Relativity Space are also aggressively pursuing the development of their own rocket systems.

SpaceX’s rocket program, however, is unique in terms of its vertical integration.

“SpaceX has also effectively achieved a high degree of vertical integration,” observes Government Technology, a public sector magazine. “It owns almost all parts of its supply chain, designing, building, and testing all its major hardware components in-house, with a minimal use of suppliers. That gives it not just control over its hardware but considerably lower costs, and the price tag is the top consideration for launch contracts.”

It’s hard to disagree about SpaceX’s success, both in terms of its launch achievements and its cost competitiveness. But it’s also clear that competition is heating up.

If SpaceX’s upcoming test flight is successful, that will help clear the path for the full commercialization of Starship. In this scenario, SpaceX will once again put itself ahead of the pack in terms of both technology and launch costs. Both of those factors will prove critical to the company’s ability to execute on its long-term growth potential.

SpaceX’s rocket program is arguably the most advanced rocket program on the planet. But there’s rising investment across the industry, a fact that will create more competition for SpaceX over the coming months and years.

Meta Platforms (META - Free Report) ended the recent trading session at $627.17, demonstrating a -2.58% change from the preceding day's closing price. This change lagged the S&P 500's 0.14% loss on the day. Meanwhile, the Dow lost 0.01%, and the Nasdaq, a tech-heavy index, lost 0.57%.

The social media company's stock has climbed by 14.52% in the past month, exceeding the Computer and Technology sector's loss of 4.82% and the S&P 500's gain of 0.25%.

Market participants will be closely following the financial results of Meta Platforms in its upcoming release. The company plans to announce its earnings on July 29, 2026. The company's upcoming EPS is projected at $7.13, signifying a 0.14% drop compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $60.17 billion, up 26.63% from the year-ago period.

For the full year, the Zacks Consensus Estimates project earnings of $33.03 per share and a revenue of $253.26 billion, demonstrating changes of +40.61% and +26.02%, respectively, from the preceding year.

Investors should also note any recent changes to analyst estimates for Meta Platforms. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 2.34% higher. Currently, Meta Platforms is carrying a Zacks Rank of #3 (Hold).

In terms of valuation, Meta Platforms is presently being traded at a Forward P/E ratio of 19.49. This signifies a discount in comparison to the average Forward P/E of 19.55 for its industry.

Investors should also note that META has a PEG ratio of 0.97 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Internet - Software industry had an average PEG ratio of 1.06 as trading concluded yesterday.

The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 104, placing it within the top 43% of over 250 industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

HomeEarnings AnalysisConsumer 

SummaryTesla, Inc. delivered a solid revenue result in Q2, but earnings fell dramatically short of street estimates.Short-term performance was driven by strong auto sales amid high gas prices, shifting focus from long-term autonomous ambitions.TSLA stock trades at a substantial premium to the auto space and tech giants, but recent results don't justify this valuation. jetcityimage/iStock Editorial via Getty Images

After the bell on Wednesday, we received second quarter results from Tesla, Inc. (TSLA). The electric vehicle maker had a strong sales period thanks to higher gas prices amidst the U.S.

38.95K Followers

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.

Investors are always reminded that before making any investment, you should do your own proper due diligence on any name directly or indirectly mentioned in this article. Investors should also consider seeking advice from a broker or financial adviser before making any investment decisions. Any material in this article should be considered general information, and not relied on as a formal investment recommendation.

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.

Tesla reported Q2 earnings with a massive profit miss and significant margin deterioration. TSLA achieved solid delivery numbers, but only by sacrificing profitability. The high valuation is not justified given the deteriorating financial metrics revealed in this report.