Weatherford (WFRD - Free Report) came out with quarterly earnings of $0.55 per share, missing the Zacks Consensus Estimate of $0.92 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 -40.22%. A quarter ago, it was expected that this oilfield service company would post earnings of $1.02 per share when it actually produced earnings of $1.49, delivering a surprise of +46.08%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Weatherford, which belongs to the Zacks Oil and Gas - Field Services industry, posted revenues of $1.11 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 3.82%. This compares to year-ago revenues of $1.2 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.
Weatherford shares have lost about 0.1% since the beginning of the year versus the S&P 500's gain of 8.7%.
What's Next for Weatherford?While Weatherford 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 Weatherford was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.40 on $1.17 billion in revenues for the coming quarter and $5.94 on $4.69 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, Oil and Gas - Field Services is currently in the bottom 36% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
RPC (RES - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on July 30.
This oil and gas services company is expected to post quarterly earnings of $0.04 per share in its upcoming report, which represents a year-over-year change of -50%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
RPC's revenues are expected to be $464 million, up 10.3% from the year-ago quarter.
In the latest trading session, Toast (TOST - Free Report) closed at $30.37, marking a -1.56% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 0.89%. On the other hand, the Dow registered a gain of 0.74%, and the technology-centric Nasdaq increased by 1.29%.
Shares of the restaurant software provider witnessed a gain of 27.16% over the previous month, beating the performance of the Computer and Technology sector with its loss of 6.6%, and the S&P 500's loss of 0.63%.
Analysts and investors alike will be keeping a close eye on the performance of Toast in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.32, signifying a 33.33% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $1.87 billion, showing a 20.82% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $1.35 per share and a revenue of $7.38 billion, demonstrating changes of +51.69% and +19.95%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for Toast. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Toast is currently a Zacks Rank #3 (Hold).
Digging into valuation, Toast currently has a Forward P/E ratio of 22.81. Its industry sports an average Forward P/E of 19.97, so one might conclude that Toast is trading at a premium comparatively.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 85, which puts it in the top 35% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
Datadog (DDOG - Free Report) closed the most recent trading day at $254.79, moving -3.2% from the previous trading session. This change lagged the S&P 500's 0.89% gain on the day. Meanwhile, the Dow gained 0.74%, and the Nasdaq, a tech-heavy index, added 1.29%.
The data analytics and cloud monitoring company's shares have seen an increase of 18.9% over the last month, surpassing the Computer and Technology sector's loss of 6.6% and the S&P 500's loss of 0.63%.
Market participants will be closely following the financial results of Datadog in its upcoming release. The company plans to announce its earnings on August 6, 2026. The company is forecasted to report an EPS of $0.58, showcasing a 26.09% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.08 billion, indicating a 30.22% increase compared to the same quarter of the previous year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.41 per share and a revenue of $4.34 billion, representing changes of +17.56% and +26.62%, respectively, from the prior year.
Any recent changes to analyst estimates for Datadog should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Datadog presently features a Zacks Rank of #3 (Hold).
From a valuation perspective, Datadog is currently exchanging hands at a Forward P/E ratio of 109.05. This represents a premium compared to its industry average Forward P/E of 19.97.
It is also worth noting that DDOG currently has a PEG ratio of 7.11. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Internet - Software was holding an average PEG ratio of 1.1 at yesterday's closing price.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 85, this industry ranks in the top 35% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
Quanta Services (PWR - Free Report) ended the recent trading session at $639.20, demonstrating a +1.05% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.89% for the day. Elsewhere, the Dow gained 0.74%, while the tech-heavy Nasdaq added 1.29%.
Coming into today, shares of the specialty contractor for utility and energy companies had lost 14.54% in the past month. In that same time, the Construction sector lost 7.42%, while the S&P 500 lost 0.63%.
The investment community will be closely monitoring the performance of Quanta Services in its forthcoming earnings report. The company is scheduled to release its earnings on July 30, 2026. On that day, Quanta Services is projected to report earnings of $3.29 per share, which would represent year-over-year growth of 32.66%. Meanwhile, the latest consensus estimate predicts the revenue to be $8.53 billion, indicating a 25.87% increase compared to the same quarter of the previous year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $14.03 per share and a revenue of $34.76 billion, indicating changes of +30.51% and +22.03%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Quanta Services. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.02% lower. Quanta Services presently features a Zacks Rank of #3 (Hold).
In the context of valuation, Quanta Services is at present trading with a Forward P/E ratio of 45.09. Its industry sports an average Forward P/E of 24.67, so one might conclude that Quanta Services is trading at a premium comparatively.
It is also worth noting that PWR currently has a PEG ratio of 2.27. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Engineering - R and D Services stocks are, on average, holding a PEG ratio of 1.57 based on yesterday's closing prices.
The Engineering - R and D Services industry is part of the Construction sector. With its current Zacks Industry Rank of 100, this industry ranks in the top 41% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Nutanix (NTNX - Free Report) closed at $54.19 in the latest trading session, marking a -1.67% move from the prior day. This change lagged the S&P 500's daily gain of 0.89%. Meanwhile, the Dow gained 0.74%, and the Nasdaq, a tech-heavy index, added 1.29%.
Heading into today, shares of the enterprise cloud platform services provider had gained 18.24% over the past month, outpacing the Computer and Technology sector's loss of 6.6% and the S&P 500's loss of 0.63%.
Investors will be eagerly watching for the performance of Nutanix in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.48, signifying a 29.73% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $737.46 million, indicating a 12.89% increase compared to the same quarter of the previous year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.91 per share and revenue of $2.83 billion, indicating changes of +17.9% and +11.57%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Nutanix. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Currently, Nutanix is carrying a Zacks Rank of #2 (Buy).
Digging into valuation, Nutanix currently has a Forward P/E ratio of 28.84. This represents a premium compared to its industry average Forward P/E of 12.98.
One should further note that NTNX currently holds a PEG ratio of 1.79. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Computers - IT Services industry had an average PEG ratio of 0.99.
The Computers - IT Services industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 68, which puts it in the top 28% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
Moog Inc. earns a buy rating, driven by durable embedded positions in missile, space, and aircraft platforms with high switching costs. MOG.A benefits from accelerating missile and aircraft production, with strong demand visibility supported by multi-year contracts and substantial OEM backlogs. Capacity expansions are contributing to profit, with Q2 2026 Space and Defense sales up 16% and adj. EBIT margin expanding 200 bps to 14.6%.
On July 21, 2026, Valmont Industries Inc (VMI) shares fell 3.9% to a current price of $505.35. This drop is part of a broader trend, with the stock declining 11
On July 21, 2026, Hasbro Inc (HAS) shares rose 8.9% to $88.78. This upward movement is notable within the context of the stock's 52-week range of $69.50 to $106
Hasbro’s strongest growth in the second quarter came from an audience most toy companies chase last: adult collectors, hobby gamers and longtime fans. For example, revenue in the Wizards of the Coast and Digital Gaming segment increased 27%, led by the Magic: The Gathering trading card franchise.
“Magic fans play and collect for years because mastery never ends,” CEO Chris Cocks said on the company’s second quarter earnings call Tuesday (July 21). “That retention is what powers a robust secondary market and a passionate community of tens of millions of fans who treat the game as a lifelong pursuit rather than a passing trend.”
That fan base is now reshaping Hasbro’s digital strategy. The company is cutting $56 million in games that no longer meet its investment thresholds and doubling down on the platforms its most loyal fans already use. The platforms staying in the lineup—Magic: The Gathering Arena, Baldur’s Gate 3, Dungeons and Dragons Beyond and two new titles set for 2027 (Exodus, a sci-fi role-playing game and Warlock, a Dungeons & Dragons expansion)—are built for the fans driving Hasbro’s revenue growth today.
On the cost side, Hasbro is also shifting more development work to lower-cost regions, with Montreal emerging as its primary hub, and total digital spending is expected to fall at least 25% annually by 2028. Some of those savings are funding CharacterOS, Hasbro’s behavioral licensing platform, which turns Hasbro characters into digital avatars and interactive experiences that fans can license directly.
Grown-Up Fans Are Driving Every Category Internally, Hasbro calls this strategy GEM Squared: gamified, entertainment-driven, multi-purchase and multi-generational. In plain terms, it means designing products built for adults who grew up with the brand and never left it.
That customer is showing up across every category. Magic: The Gathering revenue grew 32% in the second quarter, and the Marvel Super Heroes set became the fastest release in the game’s history to reach $300 million, setting records for both day-one and month-one sales. Distribution grew by double digits across hobby stores, mass retail and international markets, with hobby stores now accounting for roughly 70% of Magic sales, mass retail about 20% and international markets the remaining 10%.
The adult-focused push extends beyond gaming. Blooms by Play-Doh, a new line aimed at adult crafters, sold out at major retailers within 24 hours of launch, Cocks said. A multi-year licensing deal with Nintendo to develop Legend of Zelda products will begin appearing in 2027.
“Retailers are leaning in and are pretty eager for more product in those GEM Squared categories,” Cocks said. “The gamified, entertainment-driven, multi-purchase, multi-generational. Basically the stuff for kidults.”
What Else Stood Out A March cyberattack cost Hasbro less than the company had feared. Lost revenue came in at approximately $25 million, well below the prior forecast of $40 million to $60 million, and operations were fully restored ahead of schedule. Twelve Hasbro characters are already available for licensing pilots through CharacterOS, spanning digital avatars, customer support tools and location-based entertainment. On the broader cost side, Hasbro’s cost transformation program contributed $70 million in the first half against a full-year commitment of $150 million, helping offset higher input costs, royalties and digital investment. The Entertainment segment posted a 67.2% adjusted operating margin, up more than 400 basis points, on a favorable mix within Family Brands and film and TV, though revenue fell 20% against a difficult prior-year comparison. Q2 Results and Full-Year Outlook Hasbro reported second-quarter net revenue of $1.14 billion, up 16% year over year. Adjusted operating profit was $282 million, up 14%, with an adjusted operating margin of 24.8%. Adjusted earnings per diluted share were $1.28, down 2% due to the digital write-down.
Through the first half, net revenue of $2.1 billion grew 15%, adjusted operating profit of $569 million grew 21% and adjusted operating margin expanded 150 basis points.
Wizards segment revenue grew 27% to $664 million, with operating profit up 12% to $270 million and an adjusted operating margin of 40.7%. Consumer products revenue grew 5% to $463 million, though the segment posted an operating loss of $7.5 million. Entertainment revenue was $12.8 million, down 20%.
For the full year, Hasbro raised its consolidated revenue growth guidance to a range of 5% to 7% on a constant currency basis and lifted its adjusted operating margin outlook to 25% top 26%, with an adjusted EBITDA now expected between $1.45 billion and $1.5 billion. Consumer products revenue is expected to grow in the low single digits. The company also increased its share repurchase target to a minimum of $200 million for the year, up from $100 million previously.
Core & Main (CNM - Free Report) closed at $43.37 in the latest trading session, marking a -1.05% move from the prior day. The stock's change was less than the S&P 500's daily gain of 0.89%. On the other hand, the Dow registered a gain of 0.74%, and the technology-centric Nasdaq increased by 1.29%.
The stock of distributor of water and fire protection products has fallen by 7.24% in the past month, lagging the Industrial Products sector's loss of 5.7% and the S&P 500's loss of 0.63%.
The upcoming earnings release of Core & Main will be of great interest to investors. The company is expected to report EPS of $0.94, up 8.05% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $2.14 billion, up 2.42% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.13 per share and revenue of $7.89 billion. These totals would mark changes of +5.39% and +3.12%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Core & Main. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. At present, Core & Main boasts a Zacks Rank of #2 (Buy).
Looking at its valuation, Core & Main is holding a Forward P/E ratio of 14. Its industry sports an average Forward P/E of 17.27, so one might conclude that Core & Main is trading at a discount comparatively.
One should further note that CNM currently holds a PEG ratio of 1.49. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The average PEG ratio for the Manufacturing - Tools & Related Products industry stood at 1.37 at the close of the market yesterday.
The Manufacturing - Tools & Related Products industry is part of the Industrial Products sector. Currently, this industry holds a Zacks Industry Rank of 190, positioning it in the bottom 23% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
In the latest trading session, Axon Enterprise (AXON - Free Report) closed at $511.28, marking a -3.07% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.89% for the day. Elsewhere, the Dow saw an upswing of 0.74%, while the tech-heavy Nasdaq appreciated by 1.29%.
Heading into today, shares of the maker of stun guns and body cameras had gained 28.64% over the past month, outpacing the Aerospace sector's loss of 6.03% and the S&P 500's loss of 0.63%.
The investment community will be closely monitoring the performance of Axon Enterprise in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $1.89, reflecting a 10.85% decrease from the same quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $868.35 million, indicating a 29.89% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $7.83 per share and a revenue of $3.65 billion, demonstrating changes of +14.31% and +31.45%, respectively, from the preceding year.
Investors should also take note of any recent adjustments to analyst estimates for Axon Enterprise. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Axon Enterprise presently features a Zacks Rank of #3 (Hold).
In terms of valuation, Axon Enterprise is currently trading at a Forward P/E ratio of 67.37. This indicates a premium in contrast to its industry's Forward P/E of 36.26.
It's also important to note that AXON currently trades at a PEG ratio of 2.23. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. AXON's industry had an average PEG ratio of 2.28 as of yesterday's close.
The Aerospace - Defense Equipment industry is part of the Aerospace sector. This group has a Zacks Industry Rank of 79, putting it in the top 33% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
NEW YORK--(BUSINESS WIRE)--Labaton Keller Sucharow LLP (“Labaton”) has filed a securities class action lawsuit (the “Action”) on behalf of its clients Boston Retirement System (“Boston”) and NS Pension Public Equity Fund (“NS Pension”) against Primoris Services Corporation (“Primoris” or the “Company”) (NYSE: PRIM) and certain Primoris officers and directors (collectively, “Defendants”). The Action, which is captioned Boston Retirement System v. Primoris Services Corp., No. 26-cv-02416-B (N.D. T.
In the latest trading session, Duolingo, Inc. (DUOL - Free Report) closed at $124.71, marking a -6.86% move from the previous day. This change lagged the S&P 500's daily gain of 0.89%. Meanwhile, the Dow gained 0.74%, and the Nasdaq, a tech-heavy index, added 1.29%.
Shares of the company witnessed a gain of 5.22% over the previous month, beating the performance of the Business Services sector with its gain of 4.27%, and the S&P 500's loss of 0.63%.
Market participants will be closely following the financial results of Duolingo, Inc. in its upcoming release. The company plans to announce its earnings on August 5, 2026. The company is expected to report EPS of $0.61, down 32.97% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $297.2 million, indicating a 17.81% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $2.81 per share and revenue of $1.2 billion, which would represent changes of -67.21% and +16.1%, respectively, from the prior year.
Any recent changes to analyst estimates for Duolingo, Inc. should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.65% higher. Right now, Duolingo, Inc. possesses a Zacks Rank of #2 (Buy).
Investors should also note Duolingo, Inc.'s current valuation metrics, including its Forward P/E ratio of 47.7. For comparison, its industry has an average Forward P/E of 16.53, which means Duolingo, Inc. is trading at a premium to the group.
We can also see that DUOL currently has a PEG ratio of 1.02. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Technology Services was holding an average PEG ratio of 1.44 at yesterday's closing price.
The Technology Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 99, putting it in the top 41% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Lisa Bodensteiner, the Senior Vice President, Chief Legal Officer and Corporate Secretary at Synaptics Incorporated (SYNA +5.14%), reported a sale of 1,502 shares, according to an SEC Form 4 filing.
Transaction summaryMetricValueTransaction value~$171,709Shares sold1,502Post-transaction shares (directly held)60,487Post-transaction value$6.87 millionTransaction value based on SEC Form 4 weighted average sale price ($114.32); post-transaction value based on July 20, 2026 market close ($113.60).
Key questionsWhat were the primary drivers of this equity disposition?
The reported activity consisted of two distinct components: 1,052 shares were withheld by the company to satisfy tax obligations related to the settlement of restricted stock units, while 450 shares were sold on the open market via a Rule 10b5-1 trading plan.How does the current share price relate to recent performance?
The weighted average execution price of $114.32 follows a period of significant appreciation, with the stock delivering a 72% return over the 12 months ending July 20, 2026.What is the insider's remaining stake in the company?
Following the transactions, Lisa Bodensteiner maintains direct ownership of 60,487 shares. Company OverviewMetricValueShare Price (as of market close 2026-07-17)$114.05Market Capitalization$4.5 billionRevenue (TTM)$1.2 billionNet Income (TTM)-$48.1 millionCompany SnapshotSynaptics develops and markets semiconductor product solutions, including AudioSmart for advanced sound and voice processing, ConnectSmart for high-speed multimedia connectivity, and DisplayLink for compressed video transmission, generating revenue across audio, video, and connectivity solutions.The company operates a fabless semiconductor business model, designing specialized chips for consumer electronics and computing devices while leveraging third-party manufacturing partners to optimize capital efficiency and scalability.Synaptics serves original equipment manufacturers and system integrators in the personal computing, mobile, and consumer electronics markets, with primary customers including major laptop, smartphone, and peripheral device manufacturers.Synaptics Incorporated is a global semiconductor solutions provider with approximately $1.2 billion in TTM revenue, specializing in human-machine interface and connectivity technologies. The company has demonstrated significant market momentum, with its stock appreciating 72% over the past year, reflecting investor confidence in its product portfolio and market positioning. Synaptics maintains competitive advantages through its specialized expertise in audio processing, video transmission, and connectivity solutions that enhance user experience across diverse consumer and computing platforms.
What this transaction means for investorsIf you strip out the taxes, Bodensteiner's actual move amounted to 450 shares, about $51,000 worth. The other 1,052 were withheld automatically when her restricted stock settled. A discretionary slice that small, executed under a preset plan against a remaining 60,487 shares, isn’t indicative of a company’s long-term prospects.
Meanwhile, the firm’s latest quarter was strong despite a somewhat sobering outlook from management. Synaptics posted fiscal third-quarter revenue of $294.2 million, up 10%, with its core internet-of-things products growing 31% and non-GAAP earnings per share of $1.09, up 21%. That marked a sixth straight quarter of double-digit growth. But CEO Rahul Patel also warned on the firm’s latest earnings call that "there could be headwinds in the second half of '26" for personal computer markets, and Synaptics still leans heavily on that end market through its enterprise and automotive segment, which made up 57% of revenue. Ultimately, that split defines the setup. The fast-growing IoT piece is roughly a third of sales, while the larger segment carries the PC exposure management flagged. Investors should watch to see how each holds up.
Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool recommends Synaptics. The Motley Fool has a disclosure policy.
Chief Executive Officer Rahul G. Patel reported a disposition of 24,452 shares of Synaptics Incorporated (SYNA +5.14%) in a SEC Form 4 filing.
Transaction summaryMetricValueTransaction value$2.8 millionShares sold (direct)24,452Post-transaction shares (directly held)86,868Post-transaction value$9.87 millionTransaction value based on SEC Form 4 weighted average sale price ($114.20); post-transaction value based on July 20, 2026 market close ($113.60).
Key questionsWhat was the composition of this transaction?
Approximately 81% of the volume, or 19,898 shares, was comprised of non-discretionary tax withholding associated with the settlement of restricted stock units, while the remaining 4,554 shares were sold via an existing trading plan.How did the transaction price compare to recent market levels?
The 10b5-1 plan sales were executed at weighted average prices ranging from $113.63 to $115.92 per share, while the stock was priced at $114.05 as of the July 17, 2026, market close.What is the insider's remaining stake in the company?
Following the disposition, the insider retains direct ownership of 86,868 shares, which represent an equity position of about $9.87 million.Was there any indirect ownership disclosed?
The filing indicates that all reported holdings are held directly, with no indirect equity positions through trusts or other legal entities identified in the disclosure.Company OverviewMetricValueShare Price (as of market close 2026-07-17)$114.05Market Capitalization$4.5 billionRevenue (TTM)$1.2 billionNet Income (TTM)-$48.1 millionCompany SnapshotSynaptics develops and markets semiconductor product solutions, including AudioSmart for advanced sound and voice processing, ConnectSmart for high-speed multimedia connectivity, and DisplayLink for compressed video transmission, generating revenue across audio, video, and connectivity solutions.The company operates a fabless semiconductor business model, designing specialized chips for consumer electronics and computing devices while leveraging third-party manufacturing partners to optimize capital efficiency and scalability.Synaptics serves original equipment manufacturers and system integrators in the personal computing, mobile, and consumer electronics markets, with primary customers including major laptop, smartphone, and peripheral device manufacturers.Synaptics Incorporated is a global semiconductor solutions provider with approximately $1.2 billion in TTM revenue, specializing in human-machine interface and connectivity technologies. The company has demonstrated significant market momentum, with its stock appreciating 72% over the past year, reflecting investor confidence in its product portfolio and market positioning. Synaptics maintains competitive advantages through its specialized expertise in audio processing, video transmission, and connectivity solutions that enhance user experience across diverse consumer and computing platforms.
What this transaction means for investorsFor a chief executive, this is a relatively lean position, and since he just became CEO last year, it seems Patel is still building his stake rather than drawing it down, which is what you'd expect from a leader relatively early in the job.
The results, meanwhile, give him something to build on. Fiscal third-quarter revenue reached $294.2 million, up 10%, with core internet-of-things products jumping 31% and non-GAAP earnings per share hitting $1.09. On the latest earnings call, Patel said Synaptics is seeing "accelerating adoption,” with customer engagements continuing to expand, and the company guided to about $305 million for the following quarter and repurchased $39 million of stock, bringing the fiscal year total to $93 million. It carries $404.4 million in cash against $836.7 million in long-term debt. For long-term investors, that debt load is worth weighing against the buybacks, but ultimately Synaptics is returning cash while owing twice what it holds, signaling that it’s counting on continued growth.
Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool recommends Synaptics. The Motley Fool has a disclosure policy.
Howmet (HWM - Free Report) closed the most recent trading day at $279.00, moving +2.58% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.89% for the day. Meanwhile, the Dow experienced a rise of 0.74%, and the technology-dominated Nasdaq saw an increase of 1.29%.
The maker of engineered products for the aerospace and other industries's shares have seen a decrease of 2.99% over the last month, surpassing the Aerospace sector's loss of 6.03% and falling behind the S&P 500's loss of 0.63%.
The investment community will be closely monitoring the performance of Howmet in its forthcoming earnings report. The company is scheduled to release its earnings on August 6, 2026. The company is forecasted to report an EPS of $1.23, showcasing a 35.16% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $2.41 billion, up 17.52% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.98 per share and a revenue of $9.74 billion, indicating changes of +32.1% and +18.02%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Howmet. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.11% higher. Howmet currently has a Zacks Rank of #2 (Buy).
Digging into valuation, Howmet currently has a Forward P/E ratio of 54.63. Its industry sports an average Forward P/E of 22.53, so one might conclude that Howmet is trading at a premium comparatively.
We can additionally observe that HWM currently boasts a PEG ratio of 2.17. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Aerospace - Defense industry had an average PEG ratio of 1.59.
The Aerospace - Defense industry is part of the Aerospace sector. Currently, this industry holds a Zacks Industry Rank of 90, positioning it in the top 37% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow HWM in the coming trading sessions, be sure to utilize Zacks.com.
Wingstop (WING - Free Report) closed the most recent trading day at $134.95, moving -4.36% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.89%. Meanwhile, the Dow experienced a rise of 0.74%, and the technology-dominated Nasdaq saw an increase of 1.29%.
Prior to today's trading, shares of the restaurant chain had lost 9.98% lagged the Retail-Wholesale sector's gain of 1.33% and the S&P 500's loss of 0.63%.
The investment community will be paying close attention to the earnings performance of Wingstop in its upcoming release. The company is slated to reveal its earnings on July 29, 2026. On that day, Wingstop is projected to report earnings of $1.02 per share, which would represent year-over-year growth of 2%. Our most recent consensus estimate is calling for quarterly revenue of $190.17 million, up 9.09% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $4.57 per share and revenue of $774.12 million, indicating changes of +12.01% and +11.09%, respectively, compared to the previous year.
Investors should also take note of any recent adjustments to analyst estimates for Wingstop. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.46% lower. Wingstop is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, Wingstop currently has a Forward P/E ratio of 30.85. This valuation marks a premium compared to its industry average Forward P/E of 20.47.
It is also worth noting that WING currently has a PEG ratio of 1.68. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As the market closed yesterday, the Retail - Restaurants industry was having an average PEG ratio of 1.99.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 207, this industry ranks in the bottom 16% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
In the latest close session, Pilgrim's Pride (PPC - Free Report) was down 2.09% at $28.55. The stock trailed the S&P 500, which registered a daily gain of 0.89%. Elsewhere, the Dow saw an upswing of 0.74%, while the tech-heavy Nasdaq appreciated by 1.29%.
Shares of the poultry producer have appreciated by 9.5% over the course of the past month, outperforming the Consumer Staples sector's gain of 2.44%, and the S&P 500's loss of 0.63%.
The upcoming earnings release of Pilgrim's Pride will be of great interest to investors. The company's earnings report is expected on July 29, 2026. The company is predicted to post an EPS of $0.75, indicating a 55.88% decline compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $4.9 billion, up 3% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $3.01 per share and a revenue of $18.7 billion, representing changes of -41.78% and +1.09%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Pilgrim's Pride. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 14.51% fall in the Zacks Consensus EPS estimate. As of now, Pilgrim's Pride holds a Zacks Rank of #5 (Strong Sell).
Looking at valuation, Pilgrim's Pride is presently trading at a Forward P/E ratio of 9.7. This signifies a discount in comparison to the average Forward P/E of 11.89 for its industry.
The Food - Meat Products industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 213, putting it in the bottom 14% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Range Resources (RRC - Free Report) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +41.07%. A quarter ago, it was expected that this independent oil and gas company would post earnings of $1.33 per share when it actually produced earnings of $1.52, delivering a surprise of +14.29%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Range Resources, which belongs to the Zacks Oil and Gas - Exploration and Production - United States industry, posted revenues of $795.3 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 10.53%. This compares to year-ago revenues of $732.89 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Range Resources shares have added about 4% since the beginning of the year versus the S&P 500's gain of 8.7%.
What's Next for Range Resources?While Range Resources 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 Range Resources was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #5 (Strong Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.66 on $797 million in revenues for the coming quarter and $3.62 on $3.37 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, Oil and Gas - Exploration and Production - United States is currently in the bottom 19% 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.
Infinity Natural Resources (INR - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026.
This company is expected to post quarterly earnings of $0.88 per share in its upcoming report, which represents a year-over-year change of -25.4%. The consensus EPS estimate for the quarter has been revised 4.9% higher over the last 30 days to the current level.
Infinity Natural Resources' revenues are expected to be $164.12 million, up 120.4% from the year-ago quarter.
Pegasystems (PEGA - Free Report) came out with quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -18.61%. A quarter ago, it was expected that this business software company would post earnings of $0.76 per share when it actually produced earnings of $0.46, delivering a surprise of -39.47%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Pegasystems, which belongs to the Zacks Computer - Software industry, posted revenues of $420.72 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 1.84%. This compares to year-ago revenues of $384.51 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Pegasystems shares have lost about 46.9% since the beginning of the year versus the S&P 500's gain of 8.7%.
What's Next for Pegasystems?While Pegasystems 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 Pegasystems 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 $0.62 on $484.54 million in revenues for the coming quarter and $2.73 on $1.98 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, Computer - Software is currently in the top 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, OptimizeRx Corp. (OPRX - Free Report) , is yet to report results for the quarter ended June 2026.
This company is expected to post quarterly earnings of $0.11 per share in its upcoming report, which represents a year-over-year change of -54.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
OptimizeRx Corp.'s revenues are expected to be $20.48 million, down 29.8% from the year-ago quarter.
Pegasystems (PEGA - Free Report) reported $420.72 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 9.4%. EPS of $0.35 for the same period compares to $0.28 a year ago.
The reported revenue represents a surprise of -1.84% over the Zacks Consensus Estimate of $428.61 million. With the consensus EPS estimate being $0.43, the EPS surprise was -18.61%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Pegasystems performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue- Subscription: $370.49 million compared to the $386.54 million average estimate based on two analysts. The reported number represents a change of +13.7% year over year.Revenue- Consulting: $50.23 million compared to the $55.03 million average estimate based on two analysts. The reported number represents a change of -13.1% year over year.Revenue- Pega Cloud: $213.93 million versus the two-analyst average estimate of $221.77 million. The reported number represents a year-over-year change of +28.3%.View all Key Company Metrics for Pegasystems here>>>
Shares of Pegasystems have returned +7.9% over the past month versus the Zacks S&P 500 composite's -0.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Twilio Inc (NYSE:TWLO) is expected to deliver second quarter results that exceed expectations on revenue and operating income, with investors likely to focus on whether the communications software company's gross profit growth can remain in the mid-teens during the second half of the year, according to Jefferies analysts.
Ahead of Twilio's August 6 earnings release, Jefferies wrote that it expects the company to post revenue and operating income above expectations, although it does not anticipate the same degree of outperformance as in the first quarter.
The firm added that while business fundamentals remain strong, the stock's premium valuation and heavy investor positioning could limit upside unless Twilio significantly raises its outlook.
Jefferies forecasts second-quarter revenue of $1.427 billion, up 16% year over year and broadly in line with consensus expectations and the company's guidance range of $1.42 billion to $1.43 billion.
The firm expects gross profit of $684 million, implying a gross margin of 47.9%, compared with consensus expectations of $690 million and a 48.3% margin. It projects operating income of $255 million, or a 17.9% operating margin, and earnings per share of $1.30, versus Wall Street expectations of $258 million in operating income and EPS of $1.33.
Jefferies expects gross profit dollar growth of 9.7% year over year, a moderation from the 16% growth reported in the first quarter as comparisons become more challenging.
Jefferies noted that investors will be looking for evidence that the broad-based momentum seen in the first quarter can continue, after growth was supported by stronger customer expansion, increased cross-selling and wider adoption of multiple products.
Key areas of focus include whether messaging growth remains resilient, whether voice growth accelerates alongside rising adoption of voice AI, continued strength in self-service and independent software vendor channels, and higher-margin software offerings such as Verify and branded messaging.
The firm also expects investors to assess whether Twilio's platform strategy, go-to-market improvements and AI-related product investments continue translating into sustainable growth beyond a single quarter.
Jefferies believes investors will also be watching for another increase to full-year guidance after the company raised its revenue outlook following first-quarter results. While the firm sees consensus forecasts as reasonable, it noted that many investors appear to be expecting organic revenue growth in the mid-to-high teens.
For the third quarter, Jefferies forecasts revenue of $1.459 billion, gross profit of $704 million, operating income of $266 million and earnings per share of $1.35.
Although Jefferies expects the company's fundamentals to continue improving, it noted that Twilio's strong share price performance this year has raised expectations, potentially making it harder for future earnings reports to drive further gains.
Shares of Twilio were down more than 4% on Tuesday at $196.
Twilio (TWLO - Free Report) ended the recent trading session at $196.22, demonstrating a -4.39% change from the preceding day's closing price. This change lagged the S&P 500's 0.89% gain on the day. Meanwhile, the Dow experienced a rise of 0.74%, and the technology-dominated Nasdaq saw an increase of 1.29%.
Shares of the company have appreciated by 11.76% over the course of the past month, outperforming the Computer and Technology sector's loss of 6.6%, and the S&P 500's loss of 0.63%.
The upcoming earnings release of Twilio will be of great interest to investors. The company's earnings report is expected on August 6, 2026. The company is expected to report EPS of $1.32, up 10.92% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $1.42 billion, indicating a 15.84% upward movement from the same quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $5.64 per share and revenue of $5.81 billion. These totals would mark changes of +15.34% and +14.61%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Twilio. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Twilio currently has a Zacks Rank of #1 (Strong Buy).
From a valuation perspective, Twilio is currently exchanging hands at a Forward P/E ratio of 36.4. This represents a premium compared to its industry average Forward P/E of 19.97.
Investors should also note that TWLO has a PEG ratio of 2.02 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Internet - Software was holding an average PEG ratio of 1.1 at yesterday's closing price.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 85, putting it in the top 35% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Arch Capital Group (ACGL - Free Report) closed the most recent trading day at $100.55, moving -1.26% from the previous trading session. This change lagged the S&P 500's daily gain of 0.89%. Meanwhile, the Dow experienced a rise of 0.74%, and the technology-dominated Nasdaq saw an increase of 1.29%.
The property and casualty insurer's stock has climbed by 10.64% in the past month, exceeding the Finance sector's gain of 1.82% and the S&P 500's loss of 0.63%.
The investment community will be closely monitoring the performance of Arch Capital Group in its forthcoming earnings report. The company is scheduled to release its earnings on July 28, 2026. The company is predicted to post an EPS of $2.45, indicating a 5.04% decline compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $4.59 billion, down 3.51% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $9.35 per share and revenue of $18.24 billion, indicating changes of -4.98% and -2.91%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for Arch Capital Group. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.5% higher. Arch Capital Group currently has a Zacks Rank of #3 (Hold).
From a valuation perspective, Arch Capital Group is currently exchanging hands at a Forward P/E ratio of 10.89. This expresses a discount compared to the average Forward P/E of 12.06 of its industry.
We can also see that ACGL currently has a PEG ratio of 5.07. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As of the close of trade yesterday, the Insurance - Property and Casualty industry held an average PEG ratio of 2.86.
The Insurance - Property and Casualty industry is part of the Finance sector. With its current Zacks Industry Rank of 154, this industry ranks in the bottom 38% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
SentinelOne (S - Free Report) closed at $18.81 in the latest trading session, marking a -3.34% move from the prior day. The stock's change was less than the S&P 500's daily gain of 0.89%. On the other hand, the Dow registered a gain of 0.74%, and the technology-centric Nasdaq increased by 1.29%.
Coming into today, shares of the cybersecurity provider had gained 32.02% in the past month. In that same time, the Computer and Technology sector lost 6.6%, while the S&P 500 lost 0.63%.
The investment community will be closely monitoring the performance of SentinelOne in its forthcoming earnings report. The company's upcoming EPS is projected at $0.07, signifying a 75.00% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $290.03 million, indicating a 19.76% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.36 per share and revenue of $1.2 billion, which would represent changes of +80% and +19.89%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for SentinelOne. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.29% higher within the past month. As of now, SentinelOne holds a Zacks Rank of #2 (Buy).
Valuation is also important, so investors should note that SentinelOne has a Forward P/E ratio of 54.6 right now. Its industry sports an average Forward P/E of 50.85, so one might conclude that SentinelOne is trading at a premium comparatively.
We can also see that S currently has a PEG ratio of 1.17. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the Security industry stood at 3.24 at the close of the market yesterday.
The Security industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 40, putting it in the top 17% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
On July 21, 2026, Erie Indemnity Co (ERIE) shares fell 4.1% today, reaching a current price of $215.82. This decline is part of a broader trend, with the stock
But the move higher may soon end. The shares are getting close to a resistance level. This is why Archer is the Stock of the Day.
• Archer Aviation stock is trading near recent lows. Where is ACHR stock headed?
As you can see on the chart, the $5.50 level was support for Archer. Now it has become a resistance level.
Support is a price level where there is a large amount of demand for a stock. In other words, there are a lot of buy orders. This is why selloffs end when they reach support.
Sometimes stocks rally after they reach support. This happens when some of the buyers who created the support become anxious and impatient.
They increase bid prices. Other anxious and impatient buyers see this and do the same thing, and this results in a rally.
But sometimes when stocks reach support levels, sellers eventually overpower buyers and push the price below support. When this happens, traders say support has been broken.
If support breaks, some of the people who purchased shares at the support level come to regret doing so. They decide to hold on to losing positions, but also decide that if they can eventually do so, they will sell out at breakeven.
As a result, when the shares rally back up to what had been a support level, these unhappy buyers place sell orders. If there is a large quantity of these orders, it can create resistance at the same price that had been support.
As you can see on the chart, the $5.50 level was support for Archer. Now it is a resistance level.
Traders who can identify important price levels will profit.
Photo: Courtesy Archer Aviation
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East West Bancorp (EWBC - Free Report) came out with quarterly earnings of $2.63 per share, beating the Zacks Consensus Estimate of $2.61 per share. This compares to earnings of $2.28 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +0.77%. A quarter ago, it was expected that this bank holding company would post earnings of $2.46 per share when it actually produced earnings of $2.57, delivering a surprise of +4.47%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
East West Bancorp, which belongs to the Zacks Banks - West industry, posted revenues of $791.14 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.66%. This compares to year-ago revenues of $703.25 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
East West Bancorp shares have added about 19.2% since the beginning of the year versus the S&P 500's gain of 8.7%.
What's Next for East West Bancorp?While East West Bancorp 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 East West Bancorp 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 $2.66 on $802.4 million in revenues for the coming quarter and $10.56 on $3.18 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - West is currently in the top 20% 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, Central Pacific Financial (CPF - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on July 24.
This operator of Central Pacific Bank is expected to post quarterly earnings of $0.78 per share in its upcoming report, which represents a year-over-year change of +16.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Central Pacific Financial's revenues are expected to be $75.8 million, up 4.1% from the year-ago quarter.
For the quarter ended June 2026, East West Bancorp (EWBC - Free Report) reported revenue of $791.14 million, up 12.5% over the same period last year. EPS came in at $2.63, compared to $2.28 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $785.94 million, representing a surprise of +0.66%. The company delivered an EPS surprise of +0.77%, with the consensus EPS estimate being $2.61.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how East West Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net interest margin: 3.4% compared to the 3.5% average estimate based on four analysts.Efficiency ratio: 36.7% versus the four-analyst average estimate of 35.4%.Average Balance - Total interest-earning assets: $80.09 billion compared to the $79.83 billion average estimate based on three analysts.Annualized quarterly net charge-offs to average loans HFI: 0.2% compared to the 0.2% average estimate based on three analysts.Total nonperforming assets: $246.96 million compared to the $221.84 million average estimate based on two analysts.Leverage ratio: 11% versus the two-analyst average estimate of 11%.Tier 1 capital ratio: 15.4% versus the two-analyst average estimate of 15.2%.Total capital ratio: 16.8% compared to the 16.5% average estimate based on two analysts.Total nonaccrual loans: $204.96 million compared to the $186.16 million average estimate based on two analysts.Total Noninterest Income: $106.49 million versus the four-analyst average estimate of $98.34 million.Net Interest Income: $684.65 million versus the four-analyst average estimate of $687.82 million.Commercial and consumer deposit-related fees: $31.62 million compared to the $30.01 million average estimate based on three analysts.View all Key Company Metrics for East West Bancorp here>>>
Shares of East West Bancorp have returned +3.7% over the past month versus the Zacks S&P 500 composite's -0.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
On July 21, 2026, Arrow Electronics Inc (ARW) shares rose 5.2% today, bringing the current price to $216.23. The stock has exhibited significant volatility over
Hancock Whitney (HWC - Free Report) came out with quarterly earnings of $1.55 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $1.37 per share a year ago. These figures are adjusted for non-recurring items.
A quarter ago, it was expected that this holding company of Whitney Bank and Hancock Bank would post earnings of $1.48 per share when it actually produced earnings of $1.52, delivering a surprise of +2.7%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Hancock Whitney, which belongs to the Zacks Banks - Southeast industry, posted revenues of $401.36 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.26%. This compares to year-ago revenues of $375.48 million. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Hancock Whitney shares have added about 21.4% since the beginning of the year versus the S&P 500's gain of 8.7%.
What's Next for Hancock Whitney?While Hancock Whitney 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 Hancock Whitney was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.64 on $411.43 million in revenues for the coming quarter and $6.47 on $1.53 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, Banks - Southeast 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.
Another stock from the same industry, Chemung Financial (CHMG - Free Report) , has yet to report results for the quarter ended June 2026.
This financial holding company is expected to post quarterly earnings of $1.70 per share in its upcoming report, which represents a year-over-year change of +29.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Chemung Financial's revenues are expected to be $31.1 million, up 207.9% from the year-ago quarter.
For the quarter ended June 2026, Hancock Whitney (HWC - Free Report) reported revenue of $401.36 million, up 6.9% over the same period last year. EPS came in at $1.55, compared to $1.37 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $396.38 million, representing a surprise of +1.26%. The company has not delivered EPS surprise, with the consensus EPS estimate being $1.55.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Hancock Whitney performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net interest margin (TE): 3.6% compared to the 3.6% average estimate based on four analysts.Efficiency Ratio: 55.3% compared to the 55.8% average estimate based on four analysts.Total net charge-offs as a percentage of average loans: 0.2% versus the three-analyst average estimate of 0.2%.Average Balance - Total interest earning assets: $33.21 billion versus the three-analyst average estimate of $32.82 billion.Total nonperforming loans: $113.68 million versus $110.97 million estimated by two analysts on average.Total nonperforming assets (Total nonaccrual loans + ORE and foreclosed assets): $126.54 million versus the two-analyst average estimate of $124.77 million.Total Noninterest Income: $108.35 million compared to the $106.33 million average estimate based on four analysts.Net interest income (TE): $295.23 million versus the four-analyst average estimate of $292.89 million.Net Interest Income: $293.01 million versus $290.15 million estimated by three analysts on average.Secondary mortgage market operations: $4.07 million versus the two-analyst average estimate of $3.99 million.Bank card and ATM fees: $23.18 million versus $22.16 million estimated by two analysts on average.Investment and annuity fees and insurance commissions: $14.62 million versus the two-analyst average estimate of $12.12 million.View all Key Company Metrics for Hancock Whitney here>>>
Shares of Hancock Whitney have returned +9.2% over the past month versus the Zacks S&P 500 composite's -0.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Ashleigh Wilshire - Senior VP & Head of Investor Relations
John Hairston - President, CEO & Director
Michael Achary - Senior EVP, CFO & Principal Accounting Officer
D. Loper - Senior EVP & COO
Conference Call Participants
Michael Rose - Raymond James & Associates, Inc., Research Division
Catherine Mealor - Keefe, Bruyette, & Woods, Inc., Research Division
Feddie Strickland - Hovde Group, LLC, Research Division
Stephen Scouten - Piper Sandler & Co., Research Division
Brett Rabatin - The Benchmark Company, LLC, Research Division
Casey Haire
Christopher Marinac - Brean Capital, LLC, Research Division
Presentation
Operator
Good day, ladies and gentlemen, and welcome to Hancock Whitney Corporation's Second Quarter 2026 Earnings Conference Call. [Operator Instructions] As a reminder, this call may be recorded.
I would now like to introduce your host for today's conference, Ashleigh Wilshire, Head of Investor Relations. You may begin.
Ashleigh Wilshire
Senior VP & Head of Investor Relations
Thank you, and good afternoon. During today's call, we may make forward-looking statements. We would like to remind everyone to carefully review the safe harbor language that was published with the earnings release and presentation and in the company's most recent 10-K and 10-Q, including the risks and uncertainties identified therein. You should keep in mind that any forward-looking statements made by Hancock Whitney speak only as of the date on which they were made. As everyone understands, the current economic environment is rapidly evolving and changing.
Hancock Whitney's ability to accurately project results or predict the effects of future plans or strategies or predict market or economic developments is inherently limited. We believe that the expectations reflected or implied by any forward-looking statements are based on reasonable assumptions but are not guarantees of performance or results, and our actual results and
On July 21, 2026, Littelfuse Inc (LFUS) shares rose 3.2% today, bringing the current price to $414.54. The stock has experienced a 52-week range of $226.18 to $
On July 21, 2026, Guidewire Software Inc (GWRE) shares fell 4.5% today, closing at $142.53. The stock has experienced a volatile year, trading between a 52-week
NEW YORK--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced the appointment of Roy Gori, former President and Chief Executive Officer of Manulife, as a Senior Advisor to the firm. Mr. Gori, an accomplished leader in the global insurance and financial services industry, will advise KKR on strategic opportunities across global financial services and insurance with a focus on Asia Pacific and international markets. He will provide strategic counsel across insurance, wealth ma.
MPLX LP (MPLX - Free Report) closed the most recent trading day at $56.49, moving -1.12% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.89%. Meanwhile, the Dow gained 0.74%, and the Nasdaq, a tech-heavy index, added 1.29%.
The stock of company has risen by 0.4% in the past month, lagging the Oils-Energy sector's gain of 4.15% and overreaching the S&P 500's loss of 0.63%.
Investors will be eagerly watching for the performance of MPLX LP in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 4, 2026. The company is expected to report EPS of $1.07, up 3.88% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.26 billion, up 8.52% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $4.21 per share and revenue of $13.09 billion, indicating changes of -12.66% and +0.71%, respectively, compared to the previous year.
Investors should also take note of any recent adjustments to analyst estimates for MPLX LP. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.24% lower. MPLX LP is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note MPLX LP's current valuation metrics, including its Forward P/E ratio of 13.57. This represents a discount compared to its industry average Forward P/E of 20.1.
Meanwhile, MPLX's PEG ratio is currently 5.49. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the Oil and Gas - Production and Pipelines industry had an average PEG ratio of 1.81.
The Oil and Gas - Production and Pipelines industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 216, positioning it in the bottom 13% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
On Holding (ONON - Free Report) closed the most recent trading day at $37.24, moving -1.09% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.89%. At the same time, the Dow added 0.74%, and the tech-heavy Nasdaq gained 1.29%.
Heading into today, shares of the running-shoe and apparel company had gained 3.98% over the past month, outpacing the Retail-Wholesale sector's gain of 1.33% and the S&P 500's loss of 0.63%.
Analysts and investors alike will be keeping a close eye on the performance of On Holding in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.43, showcasing a 490.91% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.12 billion, indicating a 23.17% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.77 per share and revenue of $4.51 billion. These totals would mark changes of +82.47% and +23.9%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for On Holding. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 1.75% increase. On Holding presently features a Zacks Rank of #3 (Hold).
Looking at valuation, On Holding is presently trading at a Forward P/E ratio of 21.33. Its industry sports an average Forward P/E of 16.53, so one might conclude that On Holding is trading at a premium comparatively.
Investors should also note that ONON has a PEG ratio of 0.6 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Retail - Apparel and Shoes industry had an average PEG ratio of 1.23 as trading concluded yesterday.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 62, which puts it in the top 26% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Personalis, Inc. (NasdaqGM: PSNL) to Tempus AI, Inc. (NasdaqGS: TEM). Under the terms of the proposed transaction, shareholders of Personalis will receive $16.25 per common share. The consideration is reported to be structured as a 100% stock transaction, with Tempus having the option to elect paymen.
In the latest close session, Pagaya Technologies Ltd. (PGY - Free Report) was up +2.28% at $17.48. The stock exceeded the S&P 500, which registered a gain of 0.89% for the day. Meanwhile, the Dow experienced a rise of 0.74%, and the technology-dominated Nasdaq saw an increase of 1.29%.
Heading into today, shares of the company had gained 13.25% over the past month, outpacing the Finance sector's gain of 1.82% and the S&P 500's loss of 0.63%.
Investors will be eagerly watching for the performance of Pagaya Technologies Ltd. in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on July 30, 2026. The company's earnings per share (EPS) are projected to be $0.71, reflecting a 10.94% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $358.15 million, up 9.73% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.23 per share and revenue of $1.48 billion, indicating changes of -2.42% and +13.68%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Pagaya Technologies Ltd. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Pagaya Technologies Ltd. currently has a Zacks Rank of #3 (Hold).
With respect to valuation, Pagaya Technologies Ltd. is currently being traded at a Forward P/E ratio of 5.29. Its industry sports an average Forward P/E of 10.75, so one might conclude that Pagaya Technologies Ltd. is trading at a discount comparatively.
The Financial - Miscellaneous Services industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 186, finds itself in the bottom 25% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Shares of Nebius Group (NBIS +18.91%) surged on Tuesday after Nvidia (NVDA +2.10%) disclosed a sizable stake in the cloud infrastructure specialist.
Image source: Getty Images.
Backed by an AI leader In a filing with the U.S. Securities and Exchange Commission (SEC), Nvidia said it owns 22,256,412 shares of Nebius via common stock and prefunded warrants. That amounts to a 9.3% equity stake in the data center operator, currently valued at about $5 billion.
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Nvidia and Nebius announced a strategic partnership in March. The two companies are working together to deploy high-performance cloud computing infrastructure geared toward artificial intelligence (AI) workloads.
"Nebius is building an AI cloud designed for the agentic era, fully integrated from silicon to software and powered by Nvidia's next-generation accelerated compute," Nvidia CEO Jensen Huang said at the time. "Together, we are scaling the cloud to meet the surging global demand for intelligence."
The tech giants have an insatiable appetite for compute Nvidia isn't the only AI leader Nebius has partnered with. The neocloud provider has announced multibillion-dollar infrastructure deals with tech titans like Microsoft and Meta Platforms.
In all, Nebius has already secured over $40 billion in contracted revenue from its customers. With the AI boom still in its early innings, that figure is set to grow far larger in the coming years.
Joe Tenebruso has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Meta Platforms, Microsoft, and Nvidia. The Motley Fool has a disclosure policy.
Redwire Corporation (RDW +9.48%) stock investors had an amazing day Tuesday, with their stock closing up 9.4% on a couple of announcements suggesting Redwire has momentum:
Yesterday, Redwire announced a "major expansion" of its Huntsville, Ala., factory for building Stalker UAS armed surveillance drones.
And today, Redwire opened a second factory in Georgetown, Ind., to produce "microgravity payloads" for operation in space.
Image source: Getty Images.
Redwire's a space stock -- and a defense stock, too Redwire started off life as a space company, specializing in developing space "infrastructure" -- not rockets or satellites per se, but primarily equipment for use in space, on board satellites and space stations.
Early last year, Redwire pivoted hard into the defense sphere, spending $925 million to acquire drone company Edge Autonomy and its portfolio of artificial intelligence-enhanced military drones.
This week's twin announcements confirm Redwire's interest in keeping both these businesses -- and indeed expanding them. The Huntsville factory will add 164,000 square feet for both space and defense production. Redwire plans to complete construction by Q4 2027.
Meanwhile, in Indiana, Redwire just opened an additional 30,000 square feet of space to develop microgravity payloads for conducting experiments and manufacturing goods in Low-Earth Orbit and on the moon. Redwire noted in its announcement that the focus of the Georgetown facility will be "pharmaceutical/biotech innovation."
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Redwire's biggest risk Unmentioned in either announcement, I fear, is the cost of expanding and building the facilities -- but that's definitely a number investors should watch out for. Redwire reported losses of $300 million over the last 12 months and is burning cash at the rate of about $155 million per year.
Building new factories may be necessary as Redwire scales up. It's not doing the company's bank account statement any favors, though.
Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Aptiv PLC (APTV - Free Report) closed the most recent trading day at $57.91, moving +1.05% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.89%. Elsewhere, the Dow saw an upswing of 0.74%, while the tech-heavy Nasdaq appreciated by 1.29%.
Shares of the company have depreciated by 9.85% over the course of the past month, underperforming the Business Services sector's gain of 4.27%, and the S&P 500's loss of 0.63%.
Investors will be eagerly watching for the performance of Aptiv PLC in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 4, 2026. The company is predicted to post an EPS of $1.42, indicating a 33.02% decline compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $3.32 billion, indicating a 36.26% decrease compared to the same quarter of the previous year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $5.93 per share and a revenue of $12.94 billion, representing changes of -24.17% and -36.55%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Aptiv PLC. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 6.94% lower. Aptiv PLC is holding a Zacks Rank of #3 (Hold) right now.
Valuation is also important, so investors should note that Aptiv PLC has a Forward P/E ratio of 9.66 right now. This indicates a discount in contrast to its industry's Forward P/E of 16.53.
Investors should also note that APTV has a PEG ratio of 1.07 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Technology Services industry currently had an average PEG ratio of 1.44 as of yesterday's close.
The Technology Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 99, putting it in the top 41% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow APTV in the coming trading sessions, be sure to utilize Zacks.com.
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of LXP Industrial Trust (NYSE: LXP) to Brookfield Asset Management (NYSE: BAM) and Canada Pension Plan Investment Board. Under the terms of the proposed transaction, shareholders of LXP will receive $61.20 in cash for each share of LXP that they own. KSF is seeking to determine whether this consid.
Copa Holdings (CPA - Free Report) closed at $140.83 in the latest trading session, marking a +1.28% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 0.89% for the day. Meanwhile, the Dow gained 0.74%, and the Nasdaq, a tech-heavy index, added 1.29%.
Prior to today's trading, shares of the holding company for Panama's national airline had lost 9.11% lagged the Transportation sector's gain of 4.54% and the S&P 500's loss of 0.63%.
The investment community will be closely monitoring the performance of Copa Holdings in its forthcoming earnings report. The company is scheduled to release its earnings on August 5, 2026. In that report, analysts expect Copa Holdings to post earnings of $1.88 per share. This would mark a year-over-year decline of 47.92%. Simultaneously, our latest consensus estimate expects the revenue to be $1.07 billion, showing a 26.46% escalation compared to the year-ago quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $16.6 per share and a revenue of $4.39 billion, signifying shifts of +1.97% and +21.26%, respectively, from the last year.
Any recent changes to analyst estimates for Copa Holdings should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has moved 3.97% higher. At present, Copa Holdings boasts a Zacks Rank of #3 (Hold).
With respect to valuation, Copa Holdings is currently being traded at a Forward P/E ratio of 8.38. This denotes a discount relative to the industry average Forward P/E of 11.09.
One should further note that CPA currently holds a PEG ratio of 1.02. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Transportation - Airline industry had an average PEG ratio of 0.77 as trading concluded yesterday.
The Transportation - Airline industry is part of the Transportation sector. Currently, this industry holds a Zacks Industry Rank of 75, positioning it in the top 31% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Futu Holdings Limited (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026, inclusive (the “Class Period”), of the important August 25, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Futu securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Futu was not in compliance with the requirements of the China Securities Regulatory Commission (the “CSRC”), including because Futu continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu’s financial results were overstated; and (4) as a result of the foregoing, defendants’ positive statements about Futu’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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Nano Nuclear Energy (NNE +5.42%) is a nuclear energy company that wants to build small, portable nuclear power systems. It does not yet have commercial reactors in operation, yet its flagship microreactor design, called KRONOS, is moving through the Nuclear Regulatory Commission (NRC) regulatory process and is tied to a University of Illinois project.
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That's a decent elevator pitch for the nuclear stock, but it doesn't really do justice to what this company is trying to accomplish. In addition to building portable microreactors, the company also aims to control parts of the nuclear reactor infrastructure, such as fuel transportation. To that end, Nano may have just pulled off one of its most strategically important moves of 2026.
Let's take a look.
A critical piece of the nuclear puzzle purchased In late May 2026, Nano acquired Secured Transportation Services (STS), a profitable nuclear logistics company with 21 years of experience moving radioactive and nuclear materials.
Nano agreed to pay up to $13 million for STS, which is about 1.8 times the logistics company's trailing sales (about $7.1 million in 2025). STS also reported a net income of about $1.3 million, with net margins of roughly 18%.
At first glance, those numbers might produce little more than a half-shrug of indifference. So what? A million and some change in profits is hardly a drop in the bucket for a company whose first microreactor is expected to cost between $300 million and $350 million. Nano reported a net loss for 2025 of about 30 times that $1.3 million ($40 million in fiscal 2025).
Image source: Getty Images.
So, no, the deal isn't going to unleash a fire hose of cash on Nano's balance sheet. But there are much subtler reasons why this acquisition was critical to Nano's business, and they all revolve around the vertical integration model Nano is seeking to establish.
What you have to remember is that transportation in nuclear is not like ordinary trucking. Moving nuclear fuel and waste commercially requires more inspections, security protocols, rules, requirements, approvals, and route planning than putting a bunch of goods on the highway and telling the driver where to go. This is especially true of "spent fuel," or fuel that's already been used in reactors, as fuel at that stage is highly radioactive.
In this regard, STS' current operations could come in handy. According to Nano, STS "currently holds approval for more than 90% of the active U.S. NRC approved spent fuel routes in the United States."
Obviously, operating on nine out of 10 of the NRC-approved spent-fuel routes can help Nano's operations directly. It could also become a profit-making machine. In fact, it could transport fuel for utilities, government agencies, nuclear fuel suppliers, and even Nano's competitors. The business could, in short, grow with a broadening nuclear industry, even if Nano's KRONOS reactors haven't yet turned on the revenue spigot.
Don't get me wrong, though. If Nano wants to become a major, or even a nontrivial, player in the advanced nuclear space, it needs to commercialize its reactors. But I like where management's thought process is. With the stock currently trading more than 40% lower year to date, this could be an attractive entry point for risk-tolerant long-term investors.
Due to Meta Platforms' (META 0.30%) plans to spend massive sums on artificial intelligence infrastructure, its shares have fallen substantially from the 52-week high of $796.25 they reached last August. But the stock's trajectory has changed in recent days, edging up past $600.
The catalyst for Wall Street's renewed optimism is Meta CEO Mark Zuckerberg's plan to turn the company's expensive AI infrastructure into a cloud computing business that sells access to its artificial intelligence models. This will provide it with a new revenue stream and diversify Meta beyond its advertising-fueled social media foundation.
That new direction could become a key sales driver, as it has been for other tech titans that pursued cloud computing, such as Amazon, Microsoft, and notably, Meta's chief rival in digital advertising, Google parent Alphabet. But is Meta joining this cadre too late, or does its AI opportunity change the dynamics of its investment thesis?
Image source: Getty Images.
A look at Meta's cloud computing ambitions Amazon, Microsoft, and Google are the world's top three providers of cloud computing capacity, demonstrating that this market is a natural fit for tech businesses already pouring money into data center infrastructure. Meta -- the fourth of the big hyperscalers -- finally throwing its hat into the ring makes sense, especially since it plans to spend as much as $145 billion on capital expenditures this year, up substantially from 2025's $72.2 billion.
However, it could take years for the revenue it generates from its cloud business to become meaningful. The Facebook parent hoped to make the metaverse a significant new sales and profit source, and even changed its name back in 2021 to reflect that goal, but to no avail. After enormous investments in its metaverse aspirations, the company continues to make nearly all of its revenue from advertising. For instance, $55 billion of its $56.3 billion in first-quarter sales came from ads.
Yet Meta's cloud strategy is a different beast. Artificial intelligence is already gaining broad market traction, unlike the metaverse. The company is providing its proprietary AI models to customers for a fee, akin to the approach adopted by the likes of OpenAI.
Moreover, the barriers to entry in this space are high. Developing a proprietary AI model requires significant funding to establish the necessary infrastructure. So much money is required that even Alphabet's enormous cash-generating business isn't enough to cover its costs; it recently engaged in a massive $84.75 billion equity offering, the largest in U.S. history.
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Meta's approach to AI Another factor making AI a unique opportunity is that Zuckerberg sees the tech evolving into a superintelligence.
"We have begun to see glimpses of our AI systems improving themselves," he said. Rather than this technology being used in a general capacity, he envisions AIs tailored to individual needs.
"Meta's vision is to bring personal superintelligence to everyone," Zuckerberg said. "We believe in putting this power in people's hands to direct it toward what they value in their own lives."
If Meta can deliver on this vision, its AI cloud business could become a substantial revenue source. After all, Google's cloud division delivered $17.7 billion in sales last year, representing fast growth from 2021's $5.5 billion, the year before OpenAI's ChatGPT exploded onto the scene.
Even though Meta's stock has ticked upward, its forward price-to-earnings ratio of 21 remains near its low point for the past year. This suggests a good share price valuation, making now an opportune time to consider buying Meta shares.
Robert Izquierdo has positions in Alphabet, Amazon, Meta Platforms, and Microsoft. The Motley Fool has positions in and recommends Alphabet, Amazon, Meta Platforms, and Microsoft. The Motley Fool has a disclosure policy.
Key Takeaways Analysts expect Tesla to report Q2 EPS of $0.50.The options market is implying a 6% post-EPS move.Energy and future tech timelines will be important clues for investors to observe. Tesla Q2 EarningsZacks Rank #3 (Hold) stock Tesla ((TSLA - Free Report) ) will report earnings on second quarter earnings results on Wednesday, July 22, after the equity market close. Zacks Consensus Analyst Estimates predict that Tesla will earn $0.50 for Q2, up from the $0.41 the company earning in Q1.
Image Source: Zacks Investment Research
Tesla’s Recent EPS HistoryTesla’s recent earnings track record has been spotty to say the least. The EV maker has missed Zacks Consensus Estimates in 6 of the past 10 quarters.
Image Source: Zacks Investment Research
Nevertheless, Tesla is exhibiting some recent signs of a turn around. Over the past two quarters Tesla has beaten Wall Street estimates by double digits and has an average EPS surprise of 5.48% over the past four.
Image Source: Zacks Investment Research
TSLA Implied Post-EPS MoveThe options market is currently pricing in a rather subdued post-EPS move of +/- $24 or 6%.
The Legacy EV Business: Volume vs. MarginsAlthough most investors own Tesla shares because they are betting on future products such as the Optimus humanoid robot and robotaxi, it’s electric vehicle business still comprises the lion’s share (~85%) of its total revenues. Last month, Tesla delivered a spectacular deliver beat when it reported ~480k vehicles for Q2. The 480K delivery number trounced Wall Street estimates of 406k and represented a 25% year-over-year increase.
However, it’s important that investors do not view the delivery number in a vacuum. Amid a sunsetting of the federal EV tax credits and a slowing EV market Tesla has offered generous promotional financing and has slashed prices in key markets such as China and Europe. The question for investors is “Will increased EV sales volumes supersede incentives or will deep discounts erode profit margins?”
Tesla EnergyTesla’s Energy business continues to be a consistent bright spot for the company. Deployments soared 40% year-over-year. Meanwhile, Tesla is expanding its energy business. SunRun ((RUN - Free Report) ) and TSLA announced a 16GW distributed energy pact targeting utilities and data center operators. Additionally, Tesla brough the largest lithium refinery in the U.S. online earlier this year. While growth will likely continue, investors will be watching to see if CAPEX stabilizes in this segment.
Future Product TimelinesTesla CEO Elon Musk has a reputation for setting extremely aggressive (and sometimes unrealistic) timelines. While these optimistic timelines can lead to increased productivity, they have been a thorn in the side of Wall Street investors, who are often hyper focused on quarterly results as opposed to long-term results. As a result, investors will want to see progress on Tesla’s Robotaxi & Cybercab commercialization, its FSD adoption rates, and Optimus and AI Compute expansion.
Bottom Line
Tesla’s Q2 EPS will answer important questions about the company’s legacy EV business, energy growth, and future product timelines. If strong delivery volumes can offset incentives and Elon Musk delivers tangible updates on autonomous tech, Tesla shares could finally get the spark they need.
