Market Signal Briefing

Dogecoin (DOGE) is poised to end January 2026 with its first monthly gain since September 2025.

Newton Gitonga2 min read

29 January 2026, 03:14 PM

Dogecoin appears poised to break its longest losing streak in recent memory. The leading meme cryptocurrency has traded in negative territory since October 2025. January data now shows a potential reversal as DOGE trades 3.51% higher for the month.

The modest gain carries significant weight for investors who watched the token decline sharply over the previous quarter. DOGE fell 20% in October, 21.3% in November, and 19.9% in December 2025. These losses came despite historically strong average returns during those periods.

Historical data from Cryptorank indicates January typically delivers a 78% average gain for Dogecoin. The current 3% increase falls well short of this benchmark. However, market participants view the positive movement as encouraging given recent performance trends.

Market Conditions Impact PerformanceBroader cryptocurrency market volatility drove Dogecoin's fourth-quarter decline. Bitcoin's price movements heavily influenced DOGE, which maintains a strong correlation with the flagship digital asset. The sell-off intensified as Bitcoin faced its own headwinds during this period.

Trading data reveals mixed signals for the meme coin's near-term prospects. DOGE currently trades at $0.1206, down 3.27% in the past 24 hours. The token reached $0.127 earlier but failed to maintain that level as trading activity weakened.

Volume metrics paint a concerning picture. Daily trading volume has dropped 13.2% to $1.07 billion. Regulatory scrutiny from the United States and Russian authorities contributed to reduced market participation. Lower volume typically limits price appreciation potential and increases volatility.

Technical Analysis Shows Challenges AheadTechnical indicators suggest Dogecoin faces immediate resistance. The cryptocurrency has fallen below the $0.125 pivot point, a critical support level held since October 2025. This breakdown could signal further weakness if buyers fail to return.

The Relative Strength Index sits at 42.59, indicating DOGE has not yet reached oversold conditions. This metric suggests room for additional downside before the token becomes technically attractive to contrarian traders. Analysts monitor this level closely for reversal signals.

A sustained close above current levels would mark Dogecoin's first positive month since September 2025. Such an outcome could restore investor confidence heading into February. However, historical patterns show February typically underperforms for DOGE.

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Newton Gitonga covers cryptocurrencies, blockchain, and digital finance. He specializes in breaking down complex trends with clear, data-driven reporting. His work focuses on market analysis, technical insights, and the evolving role of altcoins in shaping global markets.

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Dogecoin (DOGE) News

SAN DIEGO, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that Smartsheet Inc. (NYSE: SMAR) shareholders who held Smartsheet securities as of the record date, October 25, 2024, and were harmed by defendants’ alleged violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 in connection with the acquisition of Smartsheet by Blackstone Inc., Vista Equity Partners Management, LLC, as well as the Abu Dhabi Investment Authority (“Merger”), have until February 24, 2026 to seek appointment as lead plaintiff of the Smartsheet class action lawsuit. The Smartsheet class action is captioned KaraEftimoglu v. Mader, No. 25-cv-02530 (W.D. Wash.).

If you held substantial Smartsheet securities as of the record date and wish to serve as lead plaintiff of the Smartsheet class action lawsuit, please provide your information here:

https://www.rgrdlaw.com/cases-smartsheet-inc-class-action-lawsuit-smar.html

You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected].

CASE ALLEGATIONS: Smartsheet is an enterprise software company providing software-as-a-service (“SaaS”) work management solutions. As a SaaS company, Smartsheet tracked its Annual Recurring Revenue (“ARR”) metric, which normalized contracted recurring revenue components of its subscription services to a one-year period.

The Smartsheet class action lawsuit alleges that in connection with Smartsheet’s solicitation of stockholder approval of the Merger, defendants issued and filed with the SEC a false and misleading Schedule 14A Proxy statement, as amended (“Proxy”). And as a direct result of the misleading Proxy, Smartsheet’s former shareholders approved the Merger and received the unfair price of $56.50 in cash for each share of Smartsheet common stock they owned, the complaint alleges.

Moreover, the Smartsheet class action lawsuit alleges among other things that every press release published and every associated earnings call during the period covered by the narrative in the Proxy touted Smartsheet’s increasing ARR metric, which management, after re-evaluating its business metrics, guided the market to rely on as the best indicator of Smartsheet’s future financial performance. Nevertheless, despite the clear materiality of this financial metric, the Proxy did not disclose this positive metric in the narrative, the complaint alleges. Nor did the Proxy disclose the January 2024 Forecasts prepared in the ordinary course of business – and not in the midst of negotiations – thereby preventing shareholders from comparing and fully assessing Smartsheet’s financial prospects, including any changes between the two sets of projections versus Smartsheet’s actual results and guidance, the Smartsheet shareholder class action alleges.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who held Smartsheet securities as of the record date of the Merger to seek appointment as lead plaintiff in the Smartsheet class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Smartsheet investor class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Smartsheet shareholder class action lawsuit. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Smartsheet class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud and shareholder litigation. Our Firm has been ranked #1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors. In 2024, we recovered over $2.5 billion for investors in securities-related class action cases – more than the next five law firms combined, according to ISS. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes. 
Services may be performed by attorneys in any of our offices. 

Contact:
        Robbins Geller Rudman & Dowd LLP
        J.C. Sanchez
        655 W. Broadway, Suite 1900, San Diego, CA 92101
        800-449-4900
        [email protected]

SAN DIEGO, Jan. 29, 2026 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Blue Owl Capital Inc. (NYSE: OWL) securities between February 6, 2025 and November 16, 2025, inclusive (the “Class Period”), have until February 2, 2026 to seek appointment as lead plaintiff of the Blue Owl class action lawsuit. Captioned Goldman v. Blue Owl Capital Inc., No. 25-cv-10047 (S.D.N.Y.), the Blue Owl class action lawsuit charges Blue Owl and certain of Blue Owl’s top executives with violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff of the Blue Owl class action lawsuit, please provide your information here:

https://www.rgrdlaw.com/cases-blue-owl-capital-inc-class-action-lawsuit-owl.html

You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected].

CASE ALLEGATIONS: Blue Owl is an alternative asset manager.

The Blue Owl class action lawsuit alleges that throughout the Class Period defendants failed to disclose that: (i) Blue Owl was experiencing a meaningful pressure on its asset base from business development company (“BDC”) redemptions; (ii) as a result, Blue Owl was facing undisclosed liquidity issues; and (iii) consequently, Blue Owl would be likely to limit or halt redemptions of certain BDCs.

The Blue Owl class action lawsuit further alleges that on October 30, 2025, Blue Owl reported financial results for the third quarter of 2025, including: fee-related earnings of only $376.2 million, which missed consensus estimates; fee-related earnings margins of 57.1% which missed expectations by roughly 20 basis points; and performance revenue, which fell 33% year over year to only $188,000. On this news, the price of Blue Owl stock fell, according to the complaint.

Then, on November 5, 2025, the complaint alleges two of Blue Owl’s direct lending businesses, Blue Owl Capital Corporation (“OBDC”) and Blue Owl Capital Corporation II (“OBDC II”), announced that they had entered into a definitive merger agreement, that “OBDC II does not anticipate conducting additional tender offers prior to the merger,” that the “proposed merger enhances liquidity for shareholders of the combined company,” that under the terms of the proposed merger, “shareholders of OBDC II will receive newly issued whole shares of OBDC for each share of OBDC II based on the exchange ratio determined prior to closing,” and that “[t]he exchange ratio will be calculated based upon (i) the NAV [net asset value] per share of OBDC and OBDC II, each determined before merger close and (ii) the market price of OBDC common stock (‘OBDC Price’) before merger close.” On this news, the price of Blue Owl stock fell nearly 5%, the Blue Owl class action lawsuit alleges.

Finally, the Blue Owl class action lawsuit alleges that on November 16, 2025, Financial Times published an article entitled “Blue Owl private credit fund merger leaves some investors facing 20% hit,” which provided an interview with the chief financial officer of OBDC, Jonathan Lamm, revealing that “[i]f shareholders were to vote down the deal, [Lamm] acknowledged that Blue Owl Capital Corporation II might be forced to limit redemptions.” The article allegedly further reported details of two critical aspects of the merger: (i) OBDC II investors would indeed be blocked from making any redemptions until the merger completes in 2026; and (ii) as part of the merger, OBDC II shareholders would see the value of their investments fall by about 20% because they would be forced to exchange OBDC II shares for OBDC shares at a rate based on OBDC’s market price, but because OBDC shares trade at a discount of about 20% to the stated value of its assets, OBDC II shareholders would see the value of their investments reduced by that amount. On this news, the price of Blue Owl stock fell nearly 6%, according to the complaint.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Blue Owl securities during the Class Period to seek appointment as lead plaintiff in the Blue Owl class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Blue Owl investor class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Blue Owl shareholder class action lawsuit. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Blue Owl class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud and shareholder litigation. Our Firm has been ranked #1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors. In 2024, we recovered over $2.5 billion for investors in securities-related class action cases – more than the next five law firms combined, according to ISS. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes.
Services may be performed by attorneys in any of our offices.

Contact:
        Robbins Geller Rudman & Dowd LLP
        J.C. Sanchez
        655 W. Broadway, Suite 1900, San Diego, CA 92101
        800-449-4900
        [email protected]

Dallas, Texas--(Newsfile Corp. - January 29, 2026) - MineralRite Corporation (OTCID: RITE) ("MineralRite" or the "Company") today announced that its wholly owned subsidiary, Peeples, Inc., has executed a Common Variety Mineral Materials Lease with the Arizona State Land Department covering approximately 377.11 acres of State trust land in Yavapai County, Arizona. The lease was executed on January 26, 2026, and is a successor to a prior lease covering the same property.

L3Harris (LHX - Free Report) came out with quarterly earnings of $2.86 per share, beating the Zacks Consensus Estimate of $2.76 per share. This compares to earnings of $3.47 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +3.57%. A quarter ago, it was expected that this technology and communications company would post earnings of $2.56 per share when it actually produced earnings of $2.7, delivering a surprise of +5.47%.

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

L3Harris, which belongs to the Zacks Aerospace - Defense industry, posted revenues of $5.65 billion for the quarter ended December 2025, missing the Zacks Consensus Estimate by 2.63%. This compares to year-ago revenues of $5.52 billion. The company has topped consensus revenue estimates two times over the last four quarters.

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

L3Harris shares have added about 22.7% since the beginning of the year versus the S&P 500's gain of 1.9%.

What's Next for L3Harris?While L3Harris has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

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

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

Ahead of this earnings release, the estimate revisions trend for L3Harris 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 $2.73 on $5.47 billion in revenues for the coming quarter and $12.39 on $23.4 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, Aerospace - Defense is currently in the top 35% 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, Huntington Ingalls (HII - Free Report) , has yet to report results for the quarter ended December 2025. The results are expected to be released on February 5.

This shipbuilder is expected to post quarterly earnings of $3.72 per share in its upcoming report, which represents a year-over-year change of +18.1%. The consensus EPS estimate for the quarter has been revised 0.6% higher over the last 30 days to the current level.

Huntington Ingalls' revenues are expected to be $3.06 billion, up 1.8% from the year-ago quarter.

Dover Corporation (DOV - Free Report) came out with quarterly earnings of $2.51 per share, beating the Zacks Consensus Estimate of $2.48 per share. This compares to earnings of $2.2 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +1.10%. A quarter ago, it was expected that this company would post earnings of $2.5 per share when it actually produced earnings of $2.62, delivering a surprise of +4.8%.

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

Dover, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $2.1 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 1.49%. This compares to year-ago revenues of $1.93 billion. The company has topped consensus revenue estimates two times over the last four quarters.

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

Dover shares have added about 5.5% since the beginning of the year versus the S&P 500's gain of 1.9%.

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

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

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

Ahead of this earnings release, the estimate revisions trend for Dover 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 $2.34 on $2.01 billion in revenues for the coming quarter and $10.60 on $8.48 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Manufacturing - General Industrial is currently in the top 33% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Luxfer (LXFR - Free Report) , another stock in the same industry, has yet to report results for the quarter ended December 2025.

This materials technology company specializing in aluminum, magnesium and zirconium is expected to post quarterly earnings of $0.24 per share in its upcoming report, which represents a year-over-year change of -17.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Luxfer's revenues are expected to be $92.7 million, down 10.4% from the year-ago quarter.

Key Takeaways NVIDIA is expanding beyond data centers, combining GPUs, software and simulation to power AI robotics.NVIDIA's full-stack approach lets developers train, simulate and deploy robots faster, improving reliability.NVDA's Automotive segment revenues rose 32% to $592M, with robotics seen driving long-term growth. NVIDIA Corporation (NVDA - Free Report) is expanding its focus beyond data centers by pushing deeper into robotics and physical artificial intelligence (AI). The company is building platforms that combine graphics processing units (GPUs), software and simulation tools to support the development of intelligent machines. These systems are used in areas such as factory automation, logistics, autonomous vehicles and service robots.

As labor shortages and efficiency needs rise, interest in AI-powered robotics is increasing. The independent research firm Mordor Intelligence estimates that the global robotics market will reach $218.56 billion by 2031 from $73.64 billion in 2025, reflecting a CAGR of 19.86% over the period.

NVIDIA’s robotics strategy centers on providing a full stack rather than selling chips alone. Developers can train models on powerful servers, test them in virtual environments and deploy them on edge systems. This approach helps shorten development cycles and improve reliability.

NVIDIA has been witnessing growing adoption of its robotics technologies. Companies such as Belden, Caterpillar, Foxconn, Lucid Motors, Toyota, TSMC and Wistron have adopted its robotics technologies to build factories that have accelerated AI-driven manufacturing.

NVIDIA’s robotics business forms part of its Automotive segment. In the third quarter of fiscal 2026, the Automotive segment’s revenues increased 32% year over year to $592 million. Though the Automotive segment contributes just 1% to total revenues at present, the growing demand for robotics is likely to drive the business unit’s growth over the long run. The Zacks Consensus Estimate for the Automotive segment’s fiscal 2026 revenues is pegged at $2.41 billion, indicating year-over-year growth of 42.2%.

How NVIDIA’s Rivals Fare in AI Robotics SpaceNVIDIA competes with Intel Corporation (INTC - Free Report) and Advanced Micro Devices, Inc. (AMD - Free Report) in the AI robotics space.

Intel offers comprehensive robotics solutions, focusing on enabling physical AI through a combination of high-performance edge computing hardware, AI software toolkits and computer vision technologies. Intel’s Robotics AI suite combines reference applications, simulation tools, and libraries to help developers build and deploy AI-powered robots faster.

Advanced Micro Devices provides the underlying chip, System-on-Modules (SOMs), and software stacks that enable faster, more intelligent and responsive robotic systems. Advanced Micro Devices’ core robotics technologies include Kria series SOMs, robotics starter kit and Ryzen embedded processors.

NVIDIA’s Price Performance, Valuation and EstimatesShares of NVIDIA have risen around 53.7% over the past year compared with the Zacks Semiconductor – General industry’s gain of 48.9%.

NVIDIA One-Year Price Return Performance
Image Source: Zacks Investment Research

From a valuation standpoint, NVDA trades at a forward price-to-earnings ratio of 26.22, lower than the industry’s average of 28.39.

NVIDIA Forward 12-Month P/E Ratio
Image Source: Zacks Investment Research

The Zacks Consensus Estimate for NVIDIA’s fiscal 2026 and 2027 earnings implies a year-over-year increase of approximately 55.9% and 57%, respectively. Estimates for fiscal 2026 have been revised upward by 2 cents to $4.66 per share in the past 60 days. Earnings estimates for fiscal 2027 have been revised upward by 8 cents to $7.32 per share in the past 30 days.

Image Source: Zacks Investment Research

NVIDIA currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Key Takeaways Avnet posted Q2 EPS of $1.05, topping estimates by 10.53% and increasing 20.7% year over year.Q2 sales rose 11.6% to $6.32 billion, driven by Electronic Components and Farnell segment gains.Shares surged 13.8% as Avnet's Q3 revenue and EPS guidance surpassed analyst expectations. Avnet, Inc. (AVT - Free Report) shares jumped 13.8% on Wednesday after the company reported better-than-expected second-quarter fiscal 2026 results. The company’s second-quarter adjusted earnings of $1.05 per share surpassed the Zacks Consensus Estimate by 10.53%. Moreover, the bottom line surged 20.7% on a year-over-year basis.

Net sales increased 11.6% year over year to $6.32 billion and outpaced the consensus mark by 5.28%. The year-over-year growth was primarily driven by strong sales across the company’s operating segments.

Avnet’s Q2 DetailsThe Electronic Components segment’s revenues were up 10.8% year over year and 7.1% sequentially to $5.89 billion. Our estimate for the Electronic Components segment’s revenues was pegged at $5.6 billion.

Farnell sales soared 23.6% year over year and 7.1% sequentially to $427.1 million. Our estimate for the Farnell segment’s revenues was pegged at $400.8 million.

From a regional perspective, on a year-over-year basis, sales increased 16.9% in Asia to $3.17 billion and 4.9% in the Americas to $1.44 billion. Sales in the EMEA jumped 8.3% to $1.71 billion.

The adjusted operating income came in at $171.7 million, which increased 7.7% year over year. The operating income for the Electronic Components segment rose 3% to $187.1 million, while that for Farnell’s jumped fivefold to $20 million from $3.5 million in the year-ago quarter.

Avnet’s adjusted operating margin shrank 10 basis points (bps) to 2.7% from the year-ago quarter. Electronic Components’ operating margin contracted 20 bps to 3.2%, while Farnell’s improved 370 bps to 4.7%.

Balance Sheet & Cash Flow of AvnetAs of Dec. 27, 2025, AVT had cash and cash equivalents of $286.5 million compared with $175.5 million reported as of Sept. 27, 2025.

The long-term debt was $2.47 billion as of Dec. 27, 2025, lower than $2.79 billion at the end of the previous quarter.

Avnet generated operating cash flow of $208 million in the second quarter and $63.7 million in the first half of fiscal 2026. In the second quarter, the company did not repurchase its shares but paid $28 million in dividends to shareholders. In the first half of fiscal 2026, it repurchased shares worth $138.3 million and paid $56.9 million in dividends.

Avnet Initiates Q3 GuidanceFor the third quarter of fiscal 2026, Avnet anticipates revenues in the range of $6.2-$6.5 billion (midpoint of $6.35 billion). The Zacks Consensus Estimate for revenues is pegged at $5.8 billion, suggesting a year-over-year increase of 9.1%.

AVT expects non-GAAP earnings between $1.20 and $1.30 per share. The consensus mark for the bottom line is pinned at $1.22, suggesting a year-over-year increase of 45.2%.

Avnet’s Zacks Rank & Stocks to ConsiderCurrently, AVT carries a Zacks Rank #3 (Hold).

Amphenol (APH - Free Report) , Micron Technology (MU - Free Report) and Analog Devices (ADI - Free Report) are some better-ranked stocks that investors can consider in the Zacks Computer and Technology sector. Amphenol and Micron Technology each sport a Zacks Rank #1 (Strong Buy) at present, while Analog Devices carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Amphenol’s 2026 earnings has been revised upward by 10 cents over the past seven days to $4.26 per share, calling for an increase of 28.7% year over year. Amphenol shares have surged 103.7% in the trailing 12 months.

The Zacks Consensus Estimate for Micron Technology’s fiscal 2026 earnings has moved southward by 7 cents in the past seven days to $33.01 per share, implying 298.2% year-over-year growth. Micron Technology shares have soared 370.6% over the past year.

The Zacks Consensus Estimate for Analog Devices’ fiscal 2026 earnings is pegged at $10.01 per share, revised upward by 22 cents over the past 30 days and suggests a year-over-year increase of 28.5%. Analog Devices’ shares have rallied 49.6% over the past year.

MultiChoice Group Limited (MCHOY) M&A Call Transcript

European video game developer UbiSoft Entertainment OTCMKTS: UBSFY saw its stock plummet last week following a wave of cancellations, most notably of the "Prince of Persia: Sands of Time Remake."

UbiSoft cancelled six games in total and announced a major business reset to shrink its studio count, causing the stock to drop more than 30% in just three days. With Ubisoft in trouble and Electronic Arts Inc. NASDAQ: EA soon to become a private entity under the Saudi Public Investment Fund (PIF), Take-Two Interactive Software Inc. NASDAQ: TTWO might be the last pure gaming stock left on U.S. exchanges. But does that make it a buy?

Get TTWO alerts:

A Bifurcated and Shrinking Video Game Industry The gaming industry has split into two distinct factions: mobile and console/PC. Mobile is the fastest-growing sector, but console and PC gaming remain crucial markets and are increasingly dominated by large-scale intellectual property (IP) franchises.

Take-Two Interactive Software Today

TTWO

Take-Two Interactive Software

$243.18 -2.34 (-0.95%)

As of 01/28/2026 04:00 PM Eastern

52-Week Range$181.86▼

$264.79Price Target$273.11

In the early days of the console wars, independent developers had specialties, such as Squaresoft’s role-playing games like "Final Fantasy." Today, developers like Ubisoft, EA, and Take-Two own numerous studios that produce a wide variety of games, from sports to first-person shooters to action RPGs.

With Ubisoft cutting to five studios and EA going private and tethering itself to sports conglomerates like the NFL and WWE-parent TKO Group Holdings Inc. NYSE: TKO, Take-Two is quickly becoming the best pure-play for investors who want exposure to the industry.

However, there’s an elephant in the room: the long-awaited arrival of "Grand Theft Auto VI" (GTA6), scheduled for release on Nov. 19. GTA6 has been rife with delays and setbacks, and now the company’s prospects increasingly depend on a smooth launch.

Take-Two’s 3 Pillar Strategy Take-Two has built itself into a $45 billion company using a multi-pronged strategy that produces massive (but risky) world-building games alongside consistent revenue drivers for both console and mobile gaming platforms. The company focuses on three distinct pillars:

Prestige Games: Take-Two’s biggest winners have come from the renowned studio Rockstar Games, home to classic series like "Grand Theft Auto," "Red Dead Redemption," and "Max Payne." These games often take years (or decades in GTA6’s case) to develop, but they frequently become cultural touchstones that generate massive revenue. GTA5 was released in 2013 and went on to sell 220 million units, with annual sales still totaling over a million annually despite 12-plus years on the market.

Reliable Revenue: Rockstar titles often take multiple years of development, so Take-Two needs some simpler games that can produce recurring annual revenue. This is where the 2K series comes in. Popular games like NBA 2K and WWE 2K are updated and released each year, similar to EA’s annual Madden and NCAA releases. NBA 2K25 sold more than 7 million copies during the fiscal year of its release, down from its peak in 2019 but still a strong driver of reliable sales. The current release, NBA 2K26, has already sold 5 million units as of fiscal Q2 2026.

Zynga Mobile Games: Take-Two purchased Zynga in 2022, and it's been a transformative acquisition. Mobile games offer both additional in-game purchase opportunities (or microtransactions as gamers deride them) and advertising space, and these revenue sources helped the company net more than $1.96 billion in fiscal Q2 2026 revenue, the best second quarter in its history. Mobile games Toon Blast and Match Factory each grew more than 20% year-over-year (YOY), and the mobile version of WWE 2K surpassed 38 million lifetime downloads. The key Recurring Consumer Spending metric also grew 20% in the quarter.

TTWO Stock Consolidating Around Technical Turning Points In its most recent earnings release, Take-Two bumped its full-year 2026 net bookings guidance to $6.5 billion, thanks to a record Q2, expecting outperformance across a wide range of titles. The company’s fiscal year will end before the release of GTA6 in November, but investors will remain focused on updates on its premier franchise. Meanwhile, the stock has several short-term catalysts, including fiscal Q3 2026 earnings after the market closes on Feb. 3.

The daily chart shows a stock at a crossroads, with the 50-day and 200-day simple moving averages (SMAs) converging ahead of the Q3 2026 release. The 200-day SMA had been a reliable support level as the stock price consolidated, forming higher lows and lower highs. The Relative Strength Index (RSI) is showing signs of turning bullish after nearly dipping into oversold territory, but investors are likely waiting for hints from Q3 earnings before making large bets on TTWO shares.

Should You Invest $1,000 in Take-Two Interactive Software Right Now?Before you consider Take-Two Interactive Software, you'll want to hear this.

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Nasdaq (NDAQ - Free Report) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +5.19%. A quarter ago, it was expected that this exchange operator would post earnings of $0.84 per share when it actually produced earnings of $0.88, delivering a surprise of +4.76%.

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

Nasdaq, which belongs to the Zacks Securities and Exchanges industry, posted revenues of $1.39 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 1.69%. This compares to year-ago revenues of $1.23 billion. The company has topped consensus revenue estimates four times over the last four quarters.

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

Nasdaq shares have added about 1.6% since the beginning of the year versus the S&P 500's gain of 1.9%.

What's Next for Nasdaq?While Nasdaq 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 Nasdaq 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 $0.91 on $1.37 billion in revenues for the coming quarter and $3.85 on $5.64 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, Securities and Exchanges is currently in the top 10% 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.

CME Group (CME - Free Report) , another stock in the same industry, has yet to report results for the quarter ended December 2025. The results are expected to be released on February 4.

This parent company of the Chicago Board of Trade and other exchanges is expected to post quarterly earnings of $2.75 per share in its upcoming report, which represents a year-over-year change of +9.1%. The consensus EPS estimate for the quarter has been revised 0.1% lower over the last 30 days to the current level.

CME Group's revenues are expected to be $1.63 billion, up 6.7% from the year-ago quarter.

Oshkosh (OSK - Free Report) came out with quarterly earnings of $2.26 per share, missing the Zacks Consensus Estimate of $2.33 per share. This compares to earnings of $2.58 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -3.18%. A quarter ago, it was expected that this heavy vehicle manufacturer for the military, emergency and commercial companies would post earnings of $3.12 per share when it actually produced earnings of $3.2, delivering a surprise of +2.56%.

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

Oshkosh, which belongs to the Zacks Automotive - Domestic industry, posted revenues of $2.69 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 4.95%. This compares to year-ago revenues of $2.62 billion. The company has topped consensus revenue estimates two times over the last four quarters.

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

Oshkosh shares have added about 16.3% since the beginning of the year versus the S&P 500's gain of 1.9%.

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

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

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

Ahead of this earnings release, the estimate revisions trend for Oshkosh 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 $2.36 on $2.4 billion in revenues for the coming quarter and $12.30 on $10.87 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, Automotive - Domestic is currently in the top 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the same industry, Fox Factory Holding (FOXF - Free Report) , is yet to report results for the quarter ended December 2025.

This vehicle suspension maker is expected to post quarterly earnings of $0.15 per share in its upcoming report, which represents a year-over-year change of -51.6%. The consensus EPS estimate for the quarter has been revised 21.8% lower over the last 30 days to the current level.

Fox Factory Holding's revenues are expected to be $355.47 million, up 0.7% from the year-ago quarter.

Marsh (MRSH - Free Report) came out with quarterly earnings of $2.12 per share, beating the Zacks Consensus Estimate of $1.97 per share. This compares to earnings of $1.87 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +7.61%. A quarter ago, it was expected that this global professional services firm providing strategy, risk and people solutions would post earnings of $1.79 per share when it actually produced earnings of $1.85, delivering a surprise of +3.35%.

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

Marsh, which belongs to the Zacks Business - Services industry, posted revenues of $6.6 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 1.18%. This compares to year-ago revenues of $6.07 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.

Marsh shares have lost about 4% since the beginning of the year versus the S&P 500's gain of 1.9%.

What's Next for Marsh?While Marsh 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 Marsh 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 $3.22 on $7.4 billion in revenues for the coming quarter and $10.26 on $28.17 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, Business - Services is currently in the bottom 29% 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, APi (APG - Free Report) , has yet to report results for the quarter ended December 2025.

This company is expected to post quarterly earnings of $0.40 per share in its upcoming report, which represents a year-over-year change of +17.7%. The consensus EPS estimate for the quarter has been revised 1.1% higher over the last 30 days to the current level.

APi's revenues are expected to be $2.09 billion, up 12.2% from the year-ago quarter.

Fourth Quarter 2025 Net Income Available to Common Shareholders Expected to be in the Range of $60.0 Million to $65.4 Million; Fourth Quarter 2025 Adjusted EBITDA Expected to be in the Range of $98.9 Million to $109.4 Million

Full Year 2025 Net Income Available to Common Shareholders Expected to be in the Range of $274.5 Million to $279.9 Million; Full Year 2025 Adjusted EBITDA Expected to be in the Range of $225.8 Million to $236.3 Million

, /PRNewswire/ -- BRC Group Holdings, Inc. (f/k/a B. Riley Financial, Inc.) (NASDAQ: RILY) ("BRC" or the "Company"), a diversified holding company, today is providing fourth quarter and full year 2025 preliminary financial estimates for the period ended December 31, 2025.

Fourth Quarter 2025 Highlights

Strong fourth quarter 2025 preliminary financial estimates were driven by a mix of investment appreciation and consistent performance from the Capital Markets, Wealth, and Communications segments. Net Debt(3) estimated to decline in the fourth quarter 2025 between $72 million and $94 million, and in the full year 2025 between $433 million and $455 million, achieved through asset sales, investment appreciation, cash flow from operations, bond exchanges and purchases. On January 27, 2026, received Nasdaq compliance letter indicating that compliance with the Periodic Filing Rule has been regained. Financial reporting brought current by filing three Form 10-Qs for Q1, Q2 & Q3 2025 between November 2025 and January 2026. Bryant Riley, Chairman and Co-Chief Executive Officer of BRC, commented: "Our strong fourth quarter and full year 2025 preliminary financial estimates demonstrate the broad economic contribution produced by our diverse platform of operating companies and investment holdings.  The success achieved in 2025 is the result of executing a complex strategy focused on repositioning our balance sheet and operating platform in the first half of the year and delivering strong operating performance in the second half of the year, which has positioned us for 2026 and beyond. The groundwork laid last year also provides a path towards lowering operating costs, including elevated professional fees booked in 2025.

"Net Debt is expected to range from $609 million and $631 million at December 31, 2025, compared to peak Net Debt of $1.39 billion at September 30, 2024.

"The strength of our company has always been our people, their agility, and their determination to serve our clients and shareholders – and 2025 demonstrated it.  We look forward to sharing our 2025 annual audited results in March."

BRC Fourth Quarter 2025 Preliminary Unaudited Estimates Summary

Net income available to common shareholders is expected to range from $60.0 million to $65.4 million, compared to $0.9 million in the fourth quarter 2024. Revenues are expected to range from $271.0 million to $282.5 million, compared to $178.6 million in the fourth quarter 2024. Adjusted EBITDA(1) is expected to range from $98.9 million to $109.4 million, compared to a loss of $(113.8) million in the fourth quarter 2024. Operating Adjusted EBITDA(2) is expected to range from $18.0 million to $21.0 million, compared to $15.2 million in the fourth quarter 2024. Total debt is estimated to be $1.4 billion, with Net Debt expected to range from $609.0 million and $631.0 million as of December 31, 2025, compared to $1.77 billion and $1.06 billion, respectively, as of December 31, 2024. Cash, cash equivalents, and restricted cash are estimated to be $229.0 million as of December 31, 2025, compared to $247.3 million as of December 31, 2024. Securities and other investments owned is expected to range from $443.0 million and $463.0 million as of December 31, 2025, compared to $282.3 million as of December 31, 2024. Total Investments(4) are expected to range from $514.0 million and $536.0 million as of December 31, 2025, compared to $432.6 million as of December 31, 2024. Basic and diluted earnings per common share (EPS) are expected to range from $1.96 and $2.14, compared to $0.03 in the fourth quarter 2024. BRC Full Year 2025 Preliminary Unaudited Estimates Summary

Net income available to common shareholders is expected to range from $274.5 million to $279.9 million, compared to a loss of $(772.3) million in the full year 2024. Revenues are expected to range from $960.2 million to $971.7 million, compared to $746.4 million in the full year 2024. Adjusted EBITDA is expected to range from $225.8 million to $236.3 million, compared to a loss of $(568.3) million in the full year 2024. Operating Adjusted EBITDA is expected to range from $109.6 million to $112.6 million, compared to $100.9 million in the full year 2024. Basic and diluted earnings per common share (EPS) are expected to range from $8.98 and $9.16, compared to a loss of $(25.46) in the full year 2024. About BRC Group Holdings, Inc.
BRC Group Holdings, Inc. (Nasdaq: RILY) is a diversified holding company, including financial services, telecom, and retail, and investments in equity, debt and venture capital. Our core financial services platform provides small cap and middle market companies customized end-to-end solutions at every stage of the enterprise life cycle. Our banking business offers comprehensive services in capital markets, sales, trading, research, merchant banking, M&A, and restructuring. Our wealth management business offers wealth management and financial planning services including brokerage, investment management, insurance, and tax preparation. Our telecom businesses provide consumer and business services including traditional, mobile and cloud phone, internet and data, security, and email. Our retail businesses provide mobile computing accessories and home furnishings. BRC deploys its capital inside and outside its core financial services platform to generate shareholder value through opportunistic investments. For more information, please visit www.brcgh.com.

Footnotes 
See "Note Regarding Use of Non-GAAP Financial Measures" for further discussion of these non-GAAP terms. A reconciliation of Adjusted EBITDA, Operating Adjusted EBITDA, Total Investments, and Net Debt to the comparable GAAP financial measures is included in the financial statements portion of this press release.

(1) Adjusted EBITDA includes earnings from continuing operations before interest, taxes, depreciation, amortization, restructuring charge, share-based payments, gain or loss on extinguishment of debt, gain on bargain purchase, gain on sale and deconsolidation of businesses, gain on senior note exchange, impairment of goodwill and tradenames, and transaction related and other costs.

(2) Operating Adjusted EBITDA is defined as Adjusted EBITDA excluding (i) trading gains (losses), net, net of (a) fixed income and variable rate transaction spread, (ii) fair value adjustments on loans, (iii) realized and unrealized gains (losses) on investments net of variable rate transaction spread, and (iv) other investment-related expenses.

(3) Net Debt is defined as the sum of (a) term loans, net, (b) senior notes payable, net, (c) revolving credit facility, and (d) notes payable, net of (i) cash and cash equivalents, (ii) restricted cash, (iii) due from clearing brokers net of due to clearing brokers, and (iv) Total Investments.

(4) Total Investments is defined as the sum of (a) securities and other investments owned net of (i) securities sold not yet purchased and (ii) noncontrolling interest related to investments from continuing operations, (b) loans receivable, at fair value net of loan participations sold, (c) equity investments, and (d) other investments reported in prepaid and other assets.

Note Regarding Use of Non-GAAP Financial Measures
Certain of the information set forth herein, including Adjusted EBITDA, Operating Adjusted EBITDA, Total Investments, and Net Debt, may be considered non-GAAP financial measures. BRC Group Holdings, Inc. believes this information is useful to investors because it provides a basis for measuring the Company's available capital resources, the operating performance of its business and its revenues and cash flow, (i) excluding in the case of Adjusted EBITDA, net interest expense, provisions for or benefit from income taxes, depreciation, amortization, restructuring charge, gain or loss on extinguishment of debt, gain on bargain purchase, gain on sale and deconsolidation of businesses, gain on senior note exchange, impairment of goodwill and tradenames, share-based compensation and transaction related and other costs, (ii) excluding in the case of Operating Adjusted EBITDA, the aforementioned adjustments for adjusted EBITDA as well as trading gains (losses), net, net of fixed income and variable rate transaction spread,  fair value adjustments on loans, realized and unrealized gains (losses) on investments net of variable rate transaction spread, and other investment related expenses, (iii)  including in the case of Total Investments, securities and other investments owned net of (a) securities sold not yet purchased and (b) noncontrolling interest related to investments from continuing operations, loans receivable, at fair value net of loan participations sold, equity investments, and other investments reported in prepaid and other assets, (iv) including in the case of Net Debt, term loans, net, senior notes payable, net, revolving credit facility, and notes payable net of (a) cash and cash equivalents, (b) restricted cash, (c) due from clearing brokers net of due to clearing brokers, and (d) aforementioned included items of Total Investments, that would normally be included in the most directly comparable measures calculated and presented in accordance with Generally Accepted Accounting Principles ("GAAP"). In addition, the Company's management uses these non-GAAP financial measures along with the most directly comparable GAAP financial measures in evaluating the Company's operating performance, management compensation, capital resources, and cash flow. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information presented in compliance with GAAP, and non-financial measures as reported by the Company may not be comparable to similarly titled amounts reported by other companies.

Forward-Looking Statements
Statements made in this press release that are not descriptions of historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are based on management's current expectations and assumptions and are subject to risks and uncertainties. If such risks or uncertainties materialize or such assumptions prove incorrect, our business, operating results, financial condition, and stock price could be materially negatively affected. You should not place undue reliance on such forward-looking statements, which are based on the information currently available to us and speak only as of today's date. The Company assumes no duty to update forward-looking statements, except as required by law. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company's performance or achievements to be materially different from any expected future results, performance, or achievements. Actual future results, performance or achievements may differ materially from historical results or those anticipated depending on a variety of factors, some of which are beyond the control of the Company, including, but not limited to, the risks described from time to time in the Company's periodic filings with the SEC, including, without limitation, the risks described in the Company's 2024 Annual Report on Form 10-K, its Quarterly Report on Form 10-Q for the period ended March 31, 2025, its Quarterly Report on Form 10-Q for the period ended June 30, 2025 and its Quarterly Report on Form 10-Q for the period ended September 30, 2025 under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" (as applicable). These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements.

The following selected financial data reflects the unaudited results of operations for the three months and year ended December 31, 2025 and comparable selected financial data for the comparable periods in 2024 reflecting the recasting of financial information for reporting the sale of Glass Ratner in discontinued operations.

BRC GROUP HOLDINGS, INC.

Selected Balance Sheets Totals

(Unaudited)

(Dollars in thousands)

Preliminary Estimate

December 31,

December 31,

2025

2024

Low

High

Actual

Total assets

$

1,694,000

$

1,724,000

$

1,783,263

Total liabilities

$

1,834,500

$

1,843,500

$

2,239,279

BRC GROUP HOLDINGS, INC.

Condensed Consolidated Statement of Operations (Loss)

(Unaudited)

(Dollars in thousands, except share and per share data)

Preliminary Estimate

Three Months Ended 

Three Months Ended 

December 31,

December 31,

2025

2024

Low

High

Actual

Total revenues

$

271,000

$

282,500

$

178,582

Total operating expenses

216,500

220,600

345,373

Other income (expense)

18,500

23,500

(90,345)

Income (loss) from continuing operations before income taxes

73,000

85,400

(257,136)

Provision for income taxes

(8,000)

(13,000)

(4,210)

Income (loss) from continuing operations

65,000

72,400

(261,346)

Income from discontinued operations, net of income taxes

—

—

255,740

Net income (loss)

65,000

72,400

(5,606)

Net income (loss) attributable to noncontrolling interests

3,000

5,000

(8,498)

Net income attributable to Registrant

62,000

67,400

2,892

Preferred stock dividends

2,000

2,000

2,015

Net income available to common shareholders

$

60,000

$

65,400

$

877

Diluted income per common share

$

1.96

$

2.14

$

0.03

Weighted average diluted common shares outstanding

30,597,066

30,597,066

30,499,931

BRC GROUP HOLDINGS, INC.

Condensed Consolidated Statement of Operations (Loss)

(Unaudited)

(Dollars in thousands, except share and per share data)

Preliminary Estimate

Twelve Months Ended 

Twelve Months Ended 

December 31,

December 31,

2025

2024

Low

High

Actual

Total revenues

$

960,236

$

971,736

$

746,421

Total operating expenses

890,989

895,089

1,243,968

Other income (expense)

154,091

159,091

(402,849)

Income (loss) from continuing operations before income taxes

223,338

235,738

(900,396)

Provision for income taxes

(9,194)

(14,194)

(22,013)

Income (loss) from continuing operations

214,144

221,544

(922,409)

Income from discontinued operations, net of income taxes

70,841

70,841

147,470

Net income (loss)

284,985

292,385

(774,939)

Net income (loss) attributable to noncontrolling interests

2,406

4,406

(10,665)

Net income (loss) attributable to Registrant

282,579

287,979

(764,274)

Preferred stock dividends

8,045

8,045

8,060

Net income (loss) available to common shareholders

$

274,534

$

279,934

$

(772,334)

Diluted income (loss) per common share

$

8.98

$

9.16

$

(25.46)

Weighted average diluted common shares outstanding

30,555,258

30,555,258

30,336,274

BRC GROUP HOLDINGS, INC.

Adjusted EBITDA and Operating Adjusted EBITDA Reconciliations

(Unaudited)

(Dollars in thousands)

Preliminary Estimate

Three Months Ended 

Three Months Ended 

December 31,

December 31,

2025

2024

Low

High

Actual

Net income attributable to Registrant

$

62,000

$

67,400

$

2,892

Income from discontinued operations, net of income taxes

—

—

255,740

Net (income) loss attributable to noncontrolling interests

(3,000)

(5,000)

8,498

Income (loss) from continuing operations

65,000

72,400

(261,346)

Adjustments:

Net (income) loss from continuing operations attributable to
noncontrolling interests

(3,000)

(5,000)

8,523

Provision for income taxes

8,000

13,000

4,210

Interest expense

20,000

20,000

31,113

Interest income

(200)

(200)

(708)

Share based payments

3,000

3,000

2,063

Depreciation and amortization

8,000

8,000

11,175

Restructuring charge

—

100

597

Gain on sale and deconsolidation of businesses

—

—

484

(Gain) loss on extinguishment of debt

(300)

(300)

12,945

Impairment of goodwill and tradenames

—

—

77,692

Transactions related costs and other

(1,600)

(1,600)

(586)

Total EBITDA adjustments

33,900

37,000

147,508

Adjusted EBITDA

$

98,900

$

109,400

$

(113,838)

Operating EBITDA Adjustments:

Trading (gains) losses, net

(59,000)

(63,000)

6,781

Fair value adjustments on loans

(4,500)

(5,500)

66,238

Realized and unrealized (gains) losses on investments

(35,000)

(38,000)

51,324

Fixed income and variable rate transaction spread

16,900

17,400

4,339

Other investment related expenses

700

700

366

Total Operating EBITDA Adjustments

(80,900)

(88,400)

129,048

Operating Adjusted EBITDA

$

18,000

$

21,000

$

15,210

BRC GROUP HOLDINGS, INC.

Adjusted EBITDA and Operating Adjusted EBITDA Reconciliations

(Unaudited)

(Dollars in thousands)

Preliminary Estimate

Twelve Months Ended 

Twelve Months Ended 

December 31,

December 31,

2025

2024

Low

High

Actual

Net income (loss) attributable to Registrant

$

282,579

$

287,979

$

(764,274)

Income from discontinued operations, net of income taxes

70,841

70,841

147,470

Net (income) loss attributable to noncontrolling interests

(2,406)

(4,406)

10,665

Income (loss) from continuing operations

214,144

221,544

(922,409)

Adjustments:

Net (income) loss from continuing operations attributable to
noncontrolling interests

(2,406)

(4,406)

8,920

Provision for income taxes

9,194

14,194

22,013

Interest expense

92,685

92,685

133,308

Interest income

(3,669)

(3,669)

(3,600)

Share based payments

12,981

12,981

17,437

Depreciation and amortization

35,079

35,079

44,932

Restructuring charge

505

605

1,522

Gain on sale and deconsolidation of businesses

(86,213)

(86,213)

(306)

Gain on senior note exchange

(67,208)

(67,208)

—

Loss on extinguishment of debt

21,343

21,343

18,725

Impairment of goodwill and tradenames

1,500

1,500

105,373

Transactions related costs and other

(2,133)

(2,133)

5,793

Total EBITDA adjustments

11,658

14,758

354,117

Adjusted EBITDA

$

225,802

$

236,302

$

(568,292)

Operating EBITDA Adjustments:

Trading (gains) losses, net

(123,521)

(127,521)

57,007

Fair value adjustments on loans

1,497

497

325,498

Realized and unrealized (gains) losses on investments

(63,472)

(66,472)

263,686

Fixed income and variable rate transaction spread

69,399

69,899

21,300

Other investment related expenses

(91)

(91)

1,704

Total Operating EBITDA Adjustments

(116,188)

(123,688)

669,195

Operating Adjusted EBITDA

$

109,614

$

112,614

$

100,903

BRC GROUP HOLDINGS, INC.

Total Investments and Net Debt Reconciliation

(Unaudited)

(Dollars in thousands)

Preliminary Estimate

December 31,

December 31,

2025

2024

Low

High

Actual

Cash, cash equivalents, and restricted cash

$

229,000

$

229,000

$

247,327

Due from clearing brokers

52,000

52,000

30,713

Securities and other investments owned

443,000

463,000

282,325

Securities sold not yet purchased

(10,000)

(10,000)

(5,675)

Loans receivable, at fair value

25,000

27,000

90,103

Loan participations sold

—

—

(6,000)

Equity investments

90,000

90,000

85,464

Other investments reported in prepaid and other assets

—

—

14,616

Noncontrolling interest

(34,000)

(34,000)

(28,217)

Total investments

514,000

536,000

432,616

Notes payable

—

—

28,021

Revolving credit facility

7,000

7,000

16,329

Term loans, net

119,000

119,000

199,429

Senior notes payable, net

1,300,000

1,300,000

1,530,561

     Total debt

1,426,000

1,426,000

1,774,340

          Net debt

$

631,000

$

609,000

$

1,063,684

Contacts

Investors
Mike Frank
[email protected]

Media
Elizabeth Fogerty
[email protected]

SOURCE BRC Group Holdings, Inc.

PURCHASE, N.Y.--(BUSINESS WIRE)--Mastercard (NYSE: MA) announced its fourth quarter and full year 2025 financial results through a release available at investor.mastercard.com.

When the market gets a little wobbly, investors have a habit of rediscovering an old truth: value never goes out of style. That’s exactly where today’s Bull of the Day shines. In an environment where consumers are still watching every dollar, it sits in the sweet spot of selling everyday necessities at prices that make stretched budgets breathe a little easier.

I’m talking about Zacks Rank #1 (Strong Buy)Dollar General ((DG - Free Report) ). Dollar General operates more than 20,000 stores across the U.S., with a heavy footprint in rural and underserved areas. That scale matters. It gives the company pricing power, distribution efficiency, and a captive customer base that isn’t suddenly trading down from Dollar General to somewhere cheaper, because there really isn’t anywhere cheaper. When inflation pinches, DG doesn’t get hurt; it gets busier.

What really puts Dollar General in Bull of the Day territory, though, is the earnings picture. Analysts have been nudging estimates higher, reflecting improving margins, better inventory discipline, and early signs that traffic trends are stabilizing. The company has been investing heavily in private-label brands, supply chain upgrades, and store remodels under its DG Fresh and other initiatives. Those investments weighed on results in the past, but they’re starting to look more like seeds that are about to sprout.

Analysts have taken notice, with 22 analysts increasing their estimates for both the current year and next year. The bullish moves have pushed up our Zacks Consensus Estimate for the current year from $6.14 to $6.49 while next year’s number is up from $6.68 to $7.08. That puts current year growth estimates at 9.6% with next year coming in at 9.1%. That’s on revenue growth of 4.79% this year and 4.06% next year.

Those bullish moves are a big reason why the stock has been on fire since mid-November. Back then, shares were down under $100. Since then, shares have surged nearly 50% to $145.04.

When global markets get selective, foreign financials are often the first place investors start trimming exposure. You get that double-edged sword of equity risk and currency risk. Risk-off typically means dollar strength, which is no good for foreign stocks. Today’s Bear of the Day has avoided these pitfalls for now. However, the near-term setup is far less compelling than it looks on the surface.

Today’s Bear of the Day is Zacks Rank #5 (Strong Sell) Banco De Chile ((BCH - Free Report) ). Banco De Chile, as the name implies, is principally engaged in commercial banking in Chile. Banco de Chile is not a small or fringe institution. It is one of the cornerstones of the Chilean banking system, with a history stretching back to 1893. The bank operates as a full-service financial institution, offering commercial banking, retail banking, corporate lending, wealth management, and treasury services. In terms of domestic relevance, this is about as “too important to ignore” as it gets in Chile.

The core issue is earnings momentum. Analyst estimate revisions have been drifting lower, reflecting pressure from slowing loan growth, tighter financial conditions, and a less forgiving macro backdrop in Chile. The country has been grappling with uneven economic growth, sticky inflation, and policy uncertainty, all of which tend to show up quickly on bank balance sheets. Net interest margins are no longer expanding the way they did when rates were moving higher, and credit costs are starting to creep back into the conversation.

While the stock has surged higher, earnings have taken a breather. Analysts have cut their earnings estimates for both the current year and next year over the course of the last month. The bearish moves have dropped our Zacks Consensus Estimates from $2.56 to $2.54 for the current year, while next year’s number is off from $2.81 to $2.73.

The Banks – Foreign industry is in the Top 16% of our Zacks Industry Rank. As such, there are other names within the industry that are in the good graces of our Zacks Industry Rank. These include Zacks Rank #1 (Strong Buy) stocks Banco Bilbao Viscaya Argentaria ((BBVA - Free Report) ) and Itau Unibanco ((ITUB - Free Report) ).

Attendees can find the kitchen collaboration featuring Omega Cabinetry at Cambria booth W749

, /PRNewswire/ -- MasterBrand, Inc. (NYSE: MBC, the "Company," or "MasterBrand") is excited to announce a collaboration with Cambria Surfaces debuting at this year's Kitchen and Bath Industry Show (KBIS) from Feb. 17-19, in Orlando, Fla., at the Orange County Convention Center. As part of this collaboration, MasterBrand is providing Omega Cabinetry to create a stunning feature kitchen at Cambria booth W749 located in West Hall.

Credit: Courtesy of MasterBrand, Inc. The feature kitchen highlights MasterBrand's cabinetry craftsmanship and Cambria's state-of-the-art natural quartz surfaces. MasterBrand will be showcasing two new products from Omega Cabinetry®, the Jonah micro-onlay slab door style and the brand's new wall cabinet arch door modification, which curves the top of the wall doors in a beautifully sophisticated eyebrow arch. The cabinets, painted in a custom cool gray-blue color, will pair with Cambria's latest designs, Traymore Bay™ and St. Isley™.

Additional kitchen design elements from Cambria include a full-range hood, a curved and vertical bullnose fluted island base, and floating shelves. These customizable features underscore the adaptability and elegance of quartz in kitchen design.

"Collaborating with Cambria at the Kitchen and Bath Industry Show is the perfect opportunity to showcase our premium products together," said Stephanie Pierce, senior director of marketing operations and innovation at MasterBrand. "With this joint effort, we are breaking new ground in kitchen design and demonstrating our shared commitment to quality and innovation."

For more information on this kitchen collaboration at KBIS, attendees are invited to visit the Cambria booth W749 in the West Hall to view the Omega Cabinetry kitchen or speak to a brand representative.

About MasterBrand
MasterBrand, Inc. (NYSE: MBC) is the largest manufacturer of residential cabinets in North America and offers a comprehensive portfolio of leading residential cabinetry products for the kitchen, bathroom and other parts of the home. MasterBrand products are available in a wide variety of designs, finishes and styles and span the most attractive categories of the cabinets market: stock, semi-custom and premium cabinetry. These products are delivered through an industry-leading distribution network of over 7,700 dealers, major retailers and builders. MasterBrand employs over 13,000 associates across more than 20 manufacturing facilities and offices. Additional information can be found at www.masterbrand.com.

About Omega Cabinetry
Omega Cabinetry stands out for its expert craftsmanship offering an extensive range of styles, sizes, species, and finishes to bring any vision to life. With robust custom cabinet capabilities, including true custom color options for paints and stains, clients can personalize every detail. Omega further empowers choice with selectable overlay, outer profile, and drawer front options. Omega and MasterBrand are committed to delivering exceptional quality, innovative designs, and exceptional customer service. Learn more at omegacabinetry.com.

About Cambria
Founded in 2000, Cambria is the leading family-owned, American-made producer of uniquely pure quartz surfaces. Cambria's innovative and iconic quartz designs are stain resistant, nonporous, durable, and maintenance free, backed by a transferable Full Lifetime Warranty. Cambria is sold through a network of premium, independent specialty retail and trade partners that can be found in Cambria's dealer locator. Cambriausa.com [cambriausa.com]

SOURCE MasterBrand Inc.

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Tesla Inc.’s (NASDAQ: TSLA) share price pulled back 4.0% in the past week. The company reported a 46% drop in annual profit for 2025 but announced plans for $20 billion in capital spending. It also said it would end production of its flagship Model S and Model X vehicles. While it began operating “unsupervised” robotaxi rides in Austin, Texas, the NHTSA is investigating reports of Tesla vehicles with automated systems running red lights and making dangerous lane changes.

Tesla stock is still 32.5% higher than six months ago, outperforming the S&P 500 in that time. However, shares are only 8.4% higher than a year ago, underperforming the Nasdaq. Yet, plenty of investors are still drawn to the EV market leader, which experienced a meteoric rise that has resulted in a gain of 27,060% since the company’s initial public offering on June 29, 2010. It debuted at $17 per share, or roughly $1 per share when adjusted for stock splits.

Regardless, investors are more concerned with the stock’s future performance over the next one, five, and 10 years. While most Wall Street analysts will calculate 12-month forward projections, it is clear that nobody has a consistent crystal ball, and plenty of unforeseen circumstances can render even near-term projections irrelevant. 24/7 Wall St. aims to present some long-term insights based on Tesla’s own numbers, along with business and market development information that may be of help to our readers’ own research.

Tesla’s Recent Success

Tesla has managed to thrive, boosting earnings and revenue even in high-interest-rate environments. Tesla’s Model S was the best-selling plug-in electric car in both 2015 and 2016. The mass-market Model 3 sedan followed, becoming the best-selling electric car from 2018 to 2021. The Model Y, a mass-market SUV version of the Model 3, debuted in 2019, with deliveries beginning in 2020. Since then, Tesla stock has experienced incredible growth.

Along with Tesla’s energy storage business and its charging station network, the company saw its revenues grow.

Fiscal Year Price Revenues Net Income 2015 $16.00 $4.046 B −$888.7 M 2016 $14.25 $7.000 B −$674.9 M 2017 $21.60 $11.759 B −$1.962 B 2018 $21.18 $21.461 B −$976 M 2019 $29.53 $24.578 B −$862 M 2020 $235.23 $31.536 B $721 M 2021 $352.26 $53.823 B $5.519 B 2022 $123.18 $81.462 B $12.556 B 2023 $248.48 $96.773 B $14.997 B 2024 $403.84 $97.690 B $7.13 B 2025 $449.72 $94.8 B $3.8 B Key Drivers for Tesla’s Performance

Improved Margins: Tesla’s management has been cutting manufacturing costs and expanding margins, resulting in strong revenue and net income gains since 2020. Its gigafactories in Shanghai, China, and Berlin, Germany, should help Tesla reduce export-related red tape and tariffs for upcoming EVs, resulting in lower overseas prices and increased sales. And Tesla has begun hiring for its new  “megafactory” near Houston.

R&D Paying Off: Thanks to its FSD and robotaxi R&D, Tesla is leading, well ahead of GM’s Cruise and Alphabet’s Waymo. Chinese companies like Apollo Go and WeRide are viewed as better-equipped robotaxi competitors in a field that may soon grow rapidly. Musk said Tesla plans to have 500 robotaxis in Austin and 1,000 in Silicon Valley by year-end.

Diversified Business Segments: Tesla’s Supercharger, energy, and battery businesses have grown rapidly, further distinguishing it from its EV peers as a company with many more technological initiatives. Musk recently announced plans for a large Optimus robot production line in Fremont, California.

Tesla Stock Forecast Through 2030

Wall Street’s consensus 12-month price target for Tesla has risen to $411.63 per share, but that is less than the most recent closing price. Barclays and Needham just reiterated Equal Weight and Hold ratings, respectively, on the shares, both citing that the stock’s performance in 2026 will be driven by progress in AI and robotics rather than traditional auto sales.

24/7 Wall St.’s year-end 2026 price target for Tesla is $461.73, which suggests 7% upside potential in the next 12 months. Our forecast through the end of the decade is based on the company seeing projected revenue growth climb from $133.94 billion this year to $297.43 billion in 2030, alongside normalized EPS growth of $2.98 in 2026 to $11.24 in 2030. Here’s how things may shake out:

Year Normalized EPS Projected Revenue Projected Stock Price Potential Upside 2026 $2.98 $133.938 B $461.73 7.0% 2027 $3.84 $155.708 B $556.71 29.0% 2028 $5.76 $193.500 B $837.58 94.1% 2029 $8.60 $248.572 B $980.46 127.2% 2030 $11.24 $297.430 B $1,116.86 158.9% Tesla Bull, Base, and Bear Stock Price Prediction and Forecast

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Group 1 Automotive (GPI - Free Report) came out with quarterly earnings of $8.49 per share, missing the Zacks Consensus Estimate of $9.36 per share. This compares to earnings of $10.02 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -9.25%. A quarter ago, it was expected that this auto dealer would post earnings of $10.64 per share when it actually produced earnings of $10.45, delivering a surprise of -1.79%.

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

Group 1 Automotive, which belongs to the Zacks Automotive - Retail and Whole Sales industry, posted revenues of $5.58 billion for the quarter ended December 2025, missing the Zacks Consensus Estimate by 1.39%. This compares to year-ago revenues of $5.55 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.

Group 1 Automotive shares have added about 0.8% since the beginning of the year versus the S&P 500's gain of 1.9%.

What's Next for Group 1 Automotive?While Group 1 Automotive 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 Group 1 Automotive was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $10.02 on $5.67 billion in revenues for the coming quarter and $43.95 on $23.32 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Automotive - Retail and Whole Sales is currently in the top 40% 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, Penske Automotive (PAG - Free Report) , has yet to report results for the quarter ended December 2025. The results are expected to be released on February 11.

This auto dealership chain is expected to post quarterly earnings of $3.23 per share in its upcoming report, which represents a year-over-year change of -8.8%. The consensus EPS estimate for the quarter has been revised 2.3% higher over the last 30 days to the current level.

Penske Automotive's revenues are expected to be $7.68 billion, down 0.5% from the year-ago quarter.

Apellis Pharmaceuticals (APLS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of BLOX 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.

January 29, 2026 08:08 ET  | Source: Fortrea Holdings Inc

DURHAM, N.C., Jan. 29, 2026 (GLOBE NEWSWIRE) -- Fortrea (Nasdaq: FTRE) (the “Company”), a leading global contract research organization (CRO), today announced that it will release its fourth quarter and full year 2025 financial results before the market opens on Thursday, February 26, 2026. Fortrea will host a conference call at 8:00 am ET that day to review its financial results and conduct a question-and-answer session.

To participate in the earnings call, participants should register online at the Fortrea Investor Relations website. To avoid potential delays, please join at least 10 minutes prior to the start of the call. The conference call can also be accessed through the following earnings webcast link.

A replay of the live conference call will be available shortly after the conclusion of the event and accessible on the events and presentations section of the Fortrea Investor Relations website.

About Fortrea

Fortrea (Nasdaq: FTRE) is a leading global provider of clinical development solutions to the life sciences industry. We partner with emerging and large biopharmaceutical, biotechnology, medical device and diagnostic companies to drive healthcare innovation that accelerates life changing therapies to patients. Fortrea provides phase I-IV clinical trial management, clinical pharmacology and consulting services. Fortrea’s solutions leverage three decades of experience spanning more than 20 therapeutic areas, a passion for scientific rigor, exceptional insights and a strong investigator site network. Our talented and diverse team working in about 100 countries is scaled to deliver focused and agile solutions to customers globally. Learn more about how Fortrea is becoming a transformative force from pipeline to patient at Fortrea.com and follow us on LinkedIn and X (formerly Twitter).

Fortrea Contacts

Tracy Krumme (Investors) – 984-385-6707, [email protected]

Sue Zaranek (Media) – 919-943-5422, [email protected]

Kate Dillon (Media) – 646-818-9115, [email protected]

Dow Inc. (DOW - Free Report) came out with a quarterly loss of $0.34 per share versus the Zacks Consensus Estimate of a loss of $0.47. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +26.85%. A quarter ago, it was expected that this materials science would post a loss of $0.31 per share when it actually produced a loss of $0.19, delivering a surprise of +38.71%.

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

Dow Inc., which belongs to the Zacks Chemical - Diversified industry, posted revenues of $9.46 billion for the quarter ended December 2025, missing the Zacks Consensus Estimate by 0.29%. This compares to year-ago revenues of $10.41 billion. The company has topped consensus revenue estimates just once over the last four quarters.

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

Dow Inc. shares have added about 18.8% since the beginning of the year versus the S&P 500's gain of 1.9%.

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

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

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

Ahead of this earnings release, the estimate revisions trend for Dow Inc. was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.16 on $10.26 billion in revenues for the coming quarter and -$0.23 on $40.53 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, Chemical - Diversified is currently in the bottom 14% 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, Stepan Co. (SCL - Free Report) , is yet to report results for the quarter ended December 2025.

This specialty chemicals company is expected to post quarterly earnings of $0.35 per share in its upcoming report, which represents a year-over-year change of +191.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Stepan Co.'s revenues are expected to be $565.2 million, up 7.5% from the year-ago quarter.

Key Takeaways SU is set to report Q4 2025 earnings on Feb. 3, with estimated EPS of 77 cents and revenues of $8.5B.SU's Q4 estimates reflect a 13.5% year-over-year EPS drop and a 5.1% decline in expected revenues.SU's strong performance supports cash flow, but weaker crude prices and a firm dollar pose risks. Suncor Energy Inc. (SU - Free Report) is set to report fourth-quarter 2025 earnings on Feb. 3, 2026, after the closing bell. The Zacks Consensus Estimate for earnings is pegged at 77 cents per share, and the same for revenues is pinned at $8.5 billion.

Let us delve into the factors that might have influenced SU’s performance in the to-be-reported quarter. Before that, it is worth taking a look at the company’s performance in the last reported quarter.

Highlights of SU’s Q3 Earnings & Surprise HistoryIn the third quarter, this Alberta-based integrated oil and gas company’s earnings beat the consensus mark. SU reported earnings per share of $1.07, which beat the Zacks Consensus Estimate of 85 cents. This was primarily due to strong production growth in its upstream segment in the reported quarter. The company’s operating revenues of $9.2 billion beat the Zacks Consensus Estimate by 11.1%.

SU’s earnings beat the consensus estimate in each of the trailing four quarters, delivering an average surprise of 10.6%.

This is depicted in the graph below: 

Trend in SU’s Estimate RevisionThe Zacks Consensus Estimate for fourth-quarter earnings has been revised 7% upward in the past 30 days. The estimated figure indicates a 13.5% year-over-year decrease. The Zacks Consensus Estimate for revenues implies a fall of 5.1% from the year-ago period.

Factors to Consider Ahead of SU’s Q4 ReleaseSuncor Energy operates in three main areas. First, in its Oil Sands business, SU extracts and processes oil from Canada's oil sands, producing crude oil and synthetic oil. Second, through its Exploration and Production segment, the company operates offshore oil and gas fields, producing and selling crude oil and natural gas. Finally, in its Refining and Marketing segment, Suncor Energy refines crude oil into products like gasoline and diesel. It sells these products through its retail gas stations and other distribution channels.

SU’s record third-quarter operational performance positions it well for the to-be-reported quarter. Industry-leading utilization across upstream and downstream assets, combined with faster, lower-cost turnarounds and flat operating costs despite higher volumes, should support stronger cash flow, margin resilience and predictable earnings even if oil prices remain volatile. In January 2026, Suncor Energy announced a record-breaking 2025 performance, in which it stated that it achieved its Investor Day performance targets, a year ahead of schedule, supported by the record operational performance, creating a positive trajectory for the company.

On a bearish note, despite strong execution, near-term performance remains exposed to external pressures. A weaker crude price environment, coupled with currency headwinds from a stronger Canadian dollar, could have compressed realized pricing and margins in the fourth quarter, potentially offsetting some of the gains from higher volumes and operational efficiency.

What Does Our Model Predict About SU?The proven Zacks model does not conclusively predict an earnings beat for Suncor Energy 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 is not the case here.

Earnings ESP of SU: Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, is -4.78%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

SU’s Zacks Rank: SU currently carries a Zacks Rank #3.

Stocks to ConsiderHere are some firms from the energy space that you may want to consider, as these have the right combination of elements to post an earnings beat this season.

Patterson-UTI Energy, Inc. (PTEN - Free Report) currently has an Earnings ESP of +19.15% and a Zacks Rank of 3.

PTEN is scheduled to release earnings on Feb. 4. Notably, Patterson’s earnings missed the Zacks Consensus Estimate in two of the trailing four quarters and beat the other two, delivering an average surprise of 17.5%. Valued at around $2.8 billion, the company’s shares have lost 11.3% in a year.

BP p.l.c. (BP - Free Report) presently has an Earnings ESP of +2.47% and a Zacks Rank #3. The firm is scheduled to release earnings on Feb. 10.

The Zacks Consensus Estimate for BP’s 2025 revenues indicates 5.2% year-over-year growth.Valued at around $98.1 billion, the company’s shares have gained 21% in a year.

Plains All American Pipeline, L.P. (PAA - Free Report) currently has an Earnings ESP of +15.06% and a Zacks Rank of 3. It is scheduled to release earnings on Feb. 6.

The Zacks Consensus Estimate for Plains All American Pipeline’s 2025 earnings per share indicates 0.7% year-over-year growth. Valued at around $13.8 billion, the company’s shares have lost 3.8% in a year.