Keysight: The AI and Defense Stock Seeing Big Price Target BoostsKeyCorp NYSE: KEY reported higher second-quarter 2026 earnings and raised parts of its full-year outlook, citing stronger commercial loan growth, expanding net interest income and continued momentum in fee-based businesses, while management also addressed investor questions about margin performance, deposit growth and the timing of a recovery in middle-market investment banking.
Chairman and Chief Executive Officer Chris Gorman said KeyCorp earned $0.44 per share in the quarter, up 26% from a year earlier. Revenue rose 7% year-over-year, while pre-provision net revenue increased 9%. The bank’s net interest margin expanded sequentially to 2.89%, and Gorman said the company remains on track to meet or exceed a 3% margin by year-end.
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Banks Are Buying Back Stock Hand Over Fist, Including These 3 Names“Our second quarter results reflect strong business momentum and continued progress against our strategic and financial commitments,” Gorman said.
Commercial Lending Drives Growth KeyCorp’s commercial loan growth was a central focus of the call. Gorman said period-end commercial and industrial loans increased $2.1 billion, or 3%, sequentially, reflecting new client wins and deeper existing relationships. Chief Financial Officer Clark Khayat said average loans rose $2.3 billion sequentially, while period-end loans increased $1.2 billion, as C&I growth was partly offset by the planned runoff of lower-yielding consumer loans.
Intel's New Orbit: From Chip Lag to Leading EdgeKhayat said growth was broad-based across industries and regions, with the largest contributors including utilities, power and renewables, real estate and technology. He also noted that C&I line utilization declined 50 basis points sequentially to 31%, driven by higher commitments.
Management said the bank is intentionally pursuing higher-quality commercial relationships, even where spreads may be somewhat lower. Gorman said about 58% of KeyCorp’s C&I loans are investment grade, and he emphasized that lending is intended to lead to broader relationships in payments, hedging, advisory and other services.
“In order to get the kind of returns that we have to get, we’ve got to do a lot more things for them,” Gorman said.
Guidance Raised on Loan Momentum KeyCorp raised several full-year 2026 guidance metrics. Khayat said the bank now expects revenue to grow 7% to 8%, compared with previous guidance of approximately 7%. Full-year net interest income is now expected to increase 9% to 11%, compared with the prior range of 9% to 10%.
The company also raised its average loan growth forecast to 4% to 5%, from 2% to 4%, and now expects average commercial loans to increase 8% to 10% this year.
Khayat said the updated outlook reflects strong first-half loan growth, success adding and expanding client relationships, and healthy commercial loan pipelines. Gorman said the bank expects revenue to grow about twice as fast as expenses in 2026, producing substantial positive operating leverage.
KeyCorp expects to exit the year with a net interest margin of 3% to 3.05%. Khayat said more than $9 billion of low-yielding fixed assets are expected to reprice through year-end, with a pickup of about 1.25%, helping support margin expansion. He also said the bank expects average client deposits to grow by more than 2% through year-end, largely from core operating deposits.
Deposit Costs and Margin Questions Draw Analyst Focus Analysts repeatedly questioned management about the bank’s margin trajectory after second-quarter net interest margin rose less than expected. Khayat said the quarter reflected stronger-than-expected loan growth, tighter spreads on higher-quality loans and a temporary need for wholesale funding as deposits reached a seasonal low in May.
“We chose to fill that with wholesale funds rather than reprice the client deposit base because the expectation is we’re going to see some good deposit growth here in the second half,” Khayat said.
Average deposits were relatively flat sequentially and year-over-year, while total deposit costs declined two basis points to 1.63%. Average non-interest-bearing deposits increased 2.3% sequentially and represented 19% of total deposits, or 24% when adjusted for hybrid accounts. Khayat said end-of-quarter deposit balances of $153 billion were temporarily elevated by about $4 billion because of transaction timing among relationship clients.
In response to investor questions, Khayat said KeyCorp has good visibility into expected deposit growth, largely from commercial relationship clients. Gorman added that the bank has been focused for years on primacy in commercial relationships, saying KeyCorp has primacy in 82% of its commercial deposits.
Fee Businesses Show Mixed Trends KeyCorp’s fee-based businesses remained an area of emphasis. Gorman said investment banking, commercial payments and wealth collectively grew 8% in the first half of 2026 compared with the first half of 2025.
Investment banking and debt placement fees totaled $169 million in the second quarter. For the first half, investment banking fees were $366 million, up 4% from the year-ago period. Gorman acknowledged that investment banking results were below the company’s expectations in the quarter but said pipelines remain strong. Khayat said overall investment banking pipelines were up 9% from the prior quarter, while M&A pipelines rose 7% to a record level.
KeyCorp expects third-quarter investment banking fees to be up more than 20% sequentially and continues to target mid-single-digit investment banking fee growth for the full year. Gorman said middle-market M&A activity has lagged larger transactions, noting that 40% of KeyCorp’s investment banking fees are driven by private equity.
“I think we are in the early innings of the renaissance of middle market M&A,” Gorman said in response to an analyst question.
In commercial payments, Gorman said total gross payment fees increased 12% year-over-year, helped by investments in bankers and embedded banking. In wealth management, assets under management reached a record $74 billion. Since launching its Mass Affluent strategy in 2023, KeyCorp has added 59,000 households, more than $4 billion of assets under management and nearly $8 billion of total client assets, Gorman said.
Credit, Capital and Strategic Investments Asset quality remained broadly stable, though non-performing assets increased. Khayat said net charge-offs were $115 million, or 42 basis points of average loans, and criticized loans were relatively stable at 4.9%. Non-performing assets rose $126 million sequentially to 74 basis points of loans, largely tied to three credits in real estate, consumer goods and agriculture.
Chief Risk Officer Mohit Ramani said the migration was not related to private credit and did not indicate a broader macro trend. He said KeyCorp continues to expect full-year net charge-offs of 40 to 45 basis points.
“Overall, we don’t feel like a lot of loss content relative to this move,” Ramani said.
KeyCorp reported a CET1 ratio of 11.2% and a marked CET1 ratio of 9.8% at quarter-end. Gorman said the company repurchased more than $340 million of common stock during the quarter and remains on pace to repurchase at least $1.3 billion for the year. Khayat suggested investors assume about $300 million of repurchases per quarter in the second half.
The company also announced an agreement during the quarter to acquire Clearwater U.K., which Gorman described as a strategic extension of KeyCorp’s middle-market advisory franchise. He said the transaction, expected to close in the second half of 2026, will expand the bank’s ability to serve M&A clients and prospects internationally.
Gorman said that despite macroeconomic uncertainty, KeyCorp enters the second half of the year with strong momentum and remains confident in its ability to generate a return on tangible common equity above 15% by the end of 2027, on the way to its longer-term 16% to 19% target.
About KeyCorp (NYSE:KEY)KeyCorp is a bank holding company headquartered in Cleveland, Ohio, that operates through its primary banking subsidiary, KeyBank. It provides a broad range of banking and financial services to individual consumers, small businesses, middle-market companies and large corporations. KeyBank's offerings span traditional deposit and lending products as well as more specialized financial solutions designed for commercial and institutional clients.
The company's product and service mix includes retail banking products such as checking and savings accounts, consumer and residential mortgage lending, and auto financing.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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Key Takeaways KeyCorp beat Q2 earnings estimates as NII and non-interest income increased y/y.KEY benefited from higher loan balances and lower credit loss provisions, though expenses increased.KEY's credit quality was mixed and capital ratios declined. The company repurchased $341 million in shares. KeyCorp’s (KEY - Free Report) second-quarter 2026 earnings from continuing operations of 44 cents per share outpaced the Zacks Consensus Estimate of 42 cents. The bottom line reflected a 25.7% rise from the prior-year quarter.
Results primarily benefited from higher net interest income (NII) and non-interest income. Higher average loan balances, along with lower provisions, were other tailwinds. However, higher expenses hurt the results to some extent.
Net income from continuing operations attributable to common shareholders was $472 million, up from $387 million in the prior-year quarter.
KEY’s Revenues Improve, Expenses RiseTotal revenues (taxable-equivalent or TE) increased 6.7% year over year to $1.96 billion. However, the top line missed the Zacks Consensus Estimate of $1.98 billion.
NII (TE basis) jumped 9.4% from the prior-year quarter to $1.26 billion. The net interest margin (TE basis) from continuing operations expanded 23 basis points (bps) to 2.89%. Both metrics benefited from lower deposit costs as a result of declining interest rates and proactive deposit beta management, the reinvestment of proceeds from maturing low-yielding investment securities and fixed-rate swaps into higher-yielding investments, and a shift in the balance sheet composition to a more favorable mix of higher-yielding commercial and industrial loans, partially offset by the impact of lower interest rates on repricing earning assets.
Non-interest income was $706 million, up 2.3% year over year. The rise was mainly driven by higher trust and investment services income, cards and payments income, service charges on deposit accounts, corporate services income, corporate-owned life insurance income, consumer mortgage income, and other income.
Non-interest expenses increased 5.5% year over year to $1.22 billion. The rise was due to an increase in personnel expenses, computer processing costs and equipment costs.
At the end of the second quarter, average total loans were $110.07 billion, up 2.2% from the previous quarter. Average total deposits were $147.58 billion, up marginally sequentially.
KEY’s Credit Quality: A Mixed BagThe provision for credit losses was $92 million, down 33.3% from the prior-year quarter.
However, net loan charge-offs, as a percentage of average total loans, increased 3 bps year over year to 0.42%. Also, non-performing assets, as a percentage of period-end portfolio loans, other real estate-owned property assets and other non-performing assets, were 0.74%, up 8 bps.
The allowance for loan and lease losses was $1.45 billion, stable year over year.
KeyCorp’s Capital Ratios DeteriorateKEY's tangible common equity to tangible assets ratio was 7.7% as of June 30, 2026, down from 7.8% in the corresponding period of 2025.
The Tier 1 risk-based capital ratio was 12.8%, down from 13.4%. The Common Equity Tier 1 ratio was 11.2%, down from 11.7% as of June 30, 2025.
Update on KEY’s Share RepurchasesIn the reported quarter, KeyCorp repurchased shares worth $341 million.
Our Take on KEYIn April, KeyCorp entered a definitive agreement to acquire Clearwater Corporate Finance LLP’s UK business, marking its entry into Western Europe. The acquisition is expected to expand KEY’s middle-market investment banking advisory capabilities and strengthen its cross-border merger and acquisition platform.
Along with this, robust loan balances, balance sheet repositioning efforts and stabilizing funding costs will likely support the company’s top-line growth in the near term. However, weak asset quality amid a tough macroeconomic backdrop is concerning.
KeyCorp currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performance of Major BanksBank of America’s (BAC - Free Report) second-quarter 2026 earnings of $1.21 per share handily surpassed the Zacks Consensus Estimate of $1.13. The bottom line grew 34.4% year over year.
BAC recorded an improvement in trading numbers for the 17th straight quarter. The company’s investment banking (IB) performance was solid this time as well. These, along with higher NII, drove Bank of America’s total revenues. While provisions declined in the quarter on a year-over-year basis, non-interest expenses increased, which hurt the results to some extent.
JPMorgan (JPM - Free Report) posted second-quarter 2026 adjusted earnings of $6.14 per share, which beat the Zacks Consensus Estimate of $5.59 by 9.8%. The bottom line rose 17.2% from $5.24 reported a year ago.
Strong Markets and IB activity powered core growth, while NII got support from decent loan demand. Lower provisions also offered support. However, an increase in operating expenses was the undermining factor for JPMorgan.
The market expects UMB Financial (UMBF - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on July 28, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis bank holding company is expected to post quarterly earnings of $3.08 per share in its upcoming report, which represents a year-over-year change of +4.1%.
Revenues are expected to be $725.8 million, up 5.3% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.4% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for UMB?For UMB, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.42%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that UMB will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that UMB would post earnings of $2.82 per share when it actually produced earnings of $3.41, delivering a surprise of +20.92%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
UMB doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerAmong the stocks in the Zacks Banks - Midwest industry, 1st Source (SRCE - Free Report) , is soon expected to post earnings of $1.71 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +13.3%. This quarter's revenue is expected to be $115.2 million, up 6.4% from the year-ago quarter.
Over the last 30 days, the consensus EPS estimate for 1st Source has remained unchanged. Nevertheless, the company now has an Earnings ESP of +0.10%, reflecting a higher Most Accurate Estimate.
When combined with a Zacks Rank of #2 (Buy), this Earnings ESP indicates that 1st Source will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Key Takeaways BOK Financial beat Q2 earnings estimates as higher NII, fee income and loan growth lifted results.BOKF reported higher revenues, stronger deposits and improved credit quality y/y.BOKF posted higher profitability ratios, though operating expenses increased from a year earlier. BOK Financial Corporation's (BOKF - Free Report) second-quarter 2026 adjusted earnings of $2.59 per share surpassed the Zacks Consensus Estimate of $2.56. The bottom line jumped 18.3% from the prior-year quarter.
BOKF’s results benefited from higher net interest income (NII) and total fees and commissions. An increase in loans was another positive. However, the rise in operating expenses was a major undermining factor.
Excluding the net gain related to the exchange of Visa B shares and the loss from repositioning the available-for-sale securities portfolio, net income attributable to shareholders (GAAP basis) was $176.5 million compared with $140 million in the prior-year quarter.
BOK Financial’s Revenues & Expenses RiseQuarterly net revenues of $589.4 million (NII and total other operating revenues) rose 10.1% year over year. The top line surpassed the Zacks Consensus Estimate of $559 million.
NII was $351.8 million, up 7.2% year over year. The net interest margin expanded 11 basis points to 2.91%.
Total fees and commissions were $202 million, up 2.4% year over year. The rise was driven by higher transaction card revenues, fiduciary and asset management revenues, and deposit service charges and fees, partially offset by lower brokerage and trading revenues, mortgage banking revenues, and other revenues.
Total other operating expenses were $361.7 million, up 2% year over year. This rise was mainly driven by personnel, business promotion, net occupancy and equipment, FDIC and other insurance, data processing and communications, printing, postage and supplies, mortgage banking costs, and other expenses.
The efficiency ratio was 60.21% compared with the prior-year quarter’s 65.42%. A fall in the efficiency ratio indicates a rise in profitability.
BOKF’s Loans & Deposits Rise SequentiallyAs of June 30, 2026, total loans were $27.1 billion, up 3.4% from the prior quarter. The increase was driven by growth in commercial loans and loans to individuals, while commercial real estate loans remained relatively stable.
Total deposits were $39.9 billion, up 3% sequentially. The rise was due to higher demand, interest-bearing transaction and time deposits, partially offset by a decline in savings deposits.
BOKF Credit Quality ImprovesAs of June 30, 2026, non-performing assets were $62.7 million or 0.23% of outstanding loans and repossessed assets compared with $81.1 million or 0.33% in the prior-year quarter.
The company recorded nil provisions for credit losses, unchanged from the prior-year quarter.
The company recorded net charge-offs of $500,000 compared with $561,000 in the year-ago quarter.
The allowance for loan losses was 1.02% of outstanding loans as of June 30, 2026, which declined 12 bps from the year-ago quarter.
BOKF’s Capital & Profitability RatiosAs of June 30, 2026, the common equity Tier 1 capital ratio was 12.89% compared with 13.59% a year earlier. The Tier 1 capital ratio and total capital ratio were 12.90% and 14.67%, respectively, compared with 13.60% and 14.48% as of June 30, 2025.
At the end of the second quarter, return on average equity was 11.73%, up from the year-earlier quarter’s 9.70%. Return on average assets was 1.30%, up from 1.07% a year ago.
BOK Financial’s Share Repurchase UpdateThe company repurchased 2,519 shares for $327,000 during the second quarter of 2026 at an average price of $129.89 per share.
Our View on BOK FinancialBOKF’s higher NII, fee income and solid loan balances continue to support its overall performance. The company’s improving profitability ratios and deposit growth are positive. However, rising operating expenses pose a near-term concern.
Currently, BOK Financial carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performance of Other BanksFirst Horizon Corporation (FHN - Free Report) posted second-quarter 2026 earnings per share of 54 cents, surpassing the Zacks Consensus Estimate of 52 cents. This compares favorably with 45 cents in the year-ago quarter.
FHN’s results benefited from higher NII and non-interest income, along with a lower provision for credit losses. Higher loan and deposit balances also provided support. However, rising expenses and weaker capital ratios were headwinds.
M&T Bank Corporation (MTB - Free Report) reported second-quarter net operating earnings per share of $5.35, which beat the Zacks Consensus Estimate of $4.66. The bottom line compared favorably with earnings of $4.28 in the year-ago quarter.
MTB’s results were aided by higher NII and a rise in non-interest income on a year-over-year basis, along with loan growth. However, higher expenses acted as headwinds.
Wall Street expects a year-over-year decline in earnings on higher revenues when CMS Energy (CMS - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 28. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis energy company is expected to post quarterly earnings of $0.63 per share in its upcoming report, which represents a year-over-year change of -11.3%.
Revenues are expected to be $1.95 billion, up 6.2% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 6.1% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for CMS Energy?For CMS Energy, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -10.40%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that CMS Energy will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that CMS Energy would post earnings of $1.11 per share when it actually produced earnings of $1.13, delivering a surprise of +1.80%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
CMS Energy doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerNextEra Energy (NEE - Free Report) , another stock in the Zacks Utility - Electric Power industry, is expected to report earnings per share of $1.08 for the quarter ended June 2026. This estimate points to a year-over-year change of +2.9%. Revenues for the quarter are expected to be $7.97 billion, up 18.9% from the year-ago quarter.
The consensus EPS estimate for NextEra has been revised 5% higher over the last 30 days to the current level. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -0.47%.
This Earnings ESP, combined with its Zacks Rank #2 (Buy), makes it difficult to conclusively predict that NextEra will beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
The upcoming report from Snap-On (SNA - Free Report) is expected to reveal quarterly earnings of $4.90 per share, indicating an increase of 3.8% compared to the year-ago period. Analysts forecast revenues of $1.22 billion, representing an increase of 3.6% year over year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Snap-On metrics that are commonly monitored and projected by Wall Street analysts.
Analysts forecast 'Net Sales- Financial Services Revenue' to reach $102.57 million. The estimate points to a change of +0.9% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Net Sales- Repair Systems & Information Group' of $488.12 million. The estimate indicates a change of +4.2% from the prior-year quarter.
Analysts' assessment points toward 'Net Sales- Snap-on Tools Group' reaching $504.15 million. The estimate indicates a year-over-year change of +2.7%.
The average prediction of analysts places 'Net Sales- Commercial & Industrial Group' at $366.85 million. The estimate indicates a year-over-year change of +5.5%.
The consensus estimate for 'Operating earnings / (losses)- Financial services' stands at $69.07 million. Compared to the current estimate, the company reported $68.20 million in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Operating earnings / (losses)- Commercial & Industrial Group' should arrive at $56.51 million. Compared to the current estimate, the company reported $46.90 million in the same quarter of the previous year.
It is projected by analysts that the 'Operating earnings / (losses)- Snap-on Tools Group' will reach $119.05 million. Compared to the current estimate, the company reported $116.70 million in the same quarter of the previous year.
The consensus among analysts is that 'Operating earnings / (losses)- Repair Systems & Information Group' will reach $122.69 million. Compared to the current estimate, the company reported $119.80 million in the same quarter of the previous year.
View all Key Company Metrics for Snap-On here>>>
Shares of Snap-On have experienced a change of +4.1% in the past month compared to the -0.6% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), SNA is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One stock to keep an eye on is Avient (AVNT - Free Report) . AVNT is currently holding a Zacks Rank #2 (Buy) and a Value grade of A. The stock has a Forward P/E ratio of 11.51. This compares to its industry's average Forward P/E of 13.24. AVNT's Forward P/E has been as high as 18.10 and as low as 9.82, with a median of 13.31, all within the past year.
We should also highlight that AVNT has a P/B ratio of 1.36. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 2.10. Over the past year, AVNT's P/B has been as high as 2.04 and as low as 1.14, with a median of 1.54.
Another great Chemical - Diversified stock you could consider is Chemours (CC - Free Report) , which is a Zacks Rank of #2 (Buy) stock with a Value Score of A.
Additionally, Chemours has a P/B ratio of 10.65 while its industry's price-to-book ratio sits at 2.10. For CC, this valuation metric has been as high as 10.98, as low as 2.42, with a median of 4.32 over the past year.
These are just a handful of the figures considered in Avient and Chemours's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that AVNT and CC is an impressive value stock right now.
For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Avient (AVNT - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Avient is one of 275 individual stocks in the Basic Materials sector. Collectively, these companies sit at #15 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Avient is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for AVNT's full-year earnings has moved 1.1% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, AVNT has returned 15.6% so far this year. In comparison, Basic Materials companies have returned an average of 4.2%. This means that Avient is performing better than its sector in terms of year-to-date returns.
Another stock in the Basic Materials sector, Ternium S.A. (TX - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 16.6%.
For Ternium S.A., the consensus EPS estimate for the current year has increased 36.8% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Avient belongs to the Chemical - Diversified industry, which includes 31 individual stocks and currently sits at #156 in the Zacks Industry Rank. On average, this group has gained an average of 17.9% so far this year, meaning that AVNT is slightly underperforming its industry in terms of year-to-date returns.
In contrast, Ternium S.A. falls under the Steel - Producers industry. Currently, this industry has 17 stocks and is ranked #42. Since the beginning of the year, the industry has moved +29.3%.
Going forward, investors interested in Basic Materials stocks should continue to pay close attention to Avient and Ternium S.A. as they could maintain their solid performance.
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Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Invesco (IVZ - Free Report) Headquartered in Atlanta, GA, Invesco Ltd. operates as an independent investment manager and offers a wide range of investment products and services. The company was incorporated in 1935. As of March 31, 2026, Invesco served clients in more than 120 countries and had AUM worth $2.16 trillion.
IVZ is a #2 (Buy) on the Zacks Rank, with a VGM Score of A.
Additionally, the company could be a top pick for growth investors. IVZ has a Growth Style Score of B, forecasting year-over-year earnings growth of 37% for the current fiscal year.
For fiscal 2026, six analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.20 to $2.78 per share. IVZ boasts an average earnings surprise of +7.9%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, IVZ should be on investors' short list.
Wall Street expects a year-over-year increase in earnings on higher revenues when Invesco (IVZ - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 28. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis investment management company is expected to post quarterly earnings of $0.67 per share in its upcoming report, which represents a year-over-year change of +86.1%.
Revenues are expected to be $1.33 billion, up 20.1% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 13.25% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Invesco?For Invesco, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.08%.
On the other hand, the stock currently carries a Zacks Rank of #2.
So, this combination indicates that Invesco will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Invesco would post earnings of $0.58 per share when it actually produced earnings of $0.57, delivering a surprise of -1.72%.
Over the last four quarters, the company has beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Invesco appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerAmeriprise Financial Services (AMP - Free Report) , another stock in the Zacks Financial - Investment Management industry, is expected to report earnings per share of $10.72 for the quarter ended June 2026. This estimate points to a year-over-year change of +17.7%. Revenues for the quarter are expected to be $4.79 billion, up 10.5% from the year-ago quarter.
Over the last 30 days, the consensus EPS estimate for Ameriprise has been revised 2.6% up to the current level. Nevertheless, the company now has an Earnings ESP of +0.25%, reflecting a higher Most Accurate Estimate.
This Earnings ESP, combined with its Zacks Rank #2 (Buy), suggests that Ameriprise will most likely beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Wall Street analysts expect First BanCorp (FBP - Free Report) to post quarterly earnings of $0.54 per share in its upcoming report, which indicates a year-over-year increase of 8%. Revenues are expected to be $263.6 million, up 6.8% from the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
In light of this perspective, let's dive into the average estimates of certain First BanCorp metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts forecast 'Efficiency ratio' to reach 48.3%. Compared to the current estimate, the company reported 50.0% in the same quarter of the previous year.
Analysts' assessment points toward 'Net Interest Margin' reaching 5.0%. The estimate is in contrast to the year-ago figure of 4.7%.
According to the collective judgment of analysts, 'Total Interest-Earning Assets - Average Balance' should come in at $18.96 billion. The estimate compares to the year-ago value of $18.99 billion.
The consensus estimate for 'Card and processing income' stands at $11.94 million. The estimate is in contrast to the year-ago figure of $11.88 million.
Analysts predict that the 'Net interest income on a tax-equivalent basis and excluding valuations' will reach $237.71 million. Compared to the present estimate, the company reported $223.01 million in the same quarter last year.
The consensus among analysts is that 'Service charges and fees on deposit accounts' will reach $9.82 million. Compared to the current estimate, the company reported $9.76 million in the same quarter of the previous year.
Analysts expect 'Total non-interest income' to come in at $32.35 million. Compared to the current estimate, the company reported $30.95 million in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Mortgage banking activities' of $3.87 million. Compared to the current estimate, the company reported $3.40 million in the same quarter of the previous year.
View all Key Company Metrics for First BanCorp here>>>
Over the past month, shares of First BanCorp have returned +6.6% versus the Zacks S&P 500 composite's -0.6% change. Currently, FBP carries a Zacks Rank #2 (Buy), suggesting that it may outperform. the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
The market expects Herc Holdings (HRI - Free Report) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 28. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis equipment rental supplier is expected to post quarterly earnings of $0.76 per share in its upcoming report, which represents a year-over-year change of -59.4%.
Revenues are expected to be $1.15 billion, up 16.8% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 6.09% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Herc Holdings?For Herc Holdings, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +14.47%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Herc Holdings will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Herc Holdings would post a loss of$1.02 per share when it actually produced earnings of $0.21, delivering a surprise of +120.59%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Herc Holdings appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerRyder (R - Free Report) , another stock in the Zacks Transportation - Equipment and Leasing industry, is expected to report earnings per share of $3.7 for the quarter ended June 2026. This estimate points to a year-over-year change of +11.5%. Revenues for the quarter are expected to be $3.31 billion, up 3.8% from the year-ago quarter.
Over the last 30 days, the consensus EPS estimate for Ryder has been revised 1.3% down to the current level. Nevertheless, the company now has an Earnings ESP of 0.00%, reflecting an equal Most Accurate Estimate.
When combined with a Zacks Rank of #3 (Hold), this Earnings ESP makes it difficult to conclusively predict that Ryder will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
, /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Hub Group, Inc. (NASDAQ: HUBG).
Shareholders who purchased shares of HUBG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
ALLEGATIONS: According to the filed complaint, defendants made false and/or misleading statements and/or failed to disclose that: Company's financial statements prepared for the periods from Q1 2023 to Q4 2024, including annual reports for 2023 and 2024, contained material misstatements—caused by the premature and incorrect recognition of certain transactions—concerning, inter alia, the Company's operating revenue, operating income, revenue recognition, effectiveness of internal controls and procedures, and drivers of financial results and growth. The Company's financial statements prepared for the periods from Q1 2025 to Q3 2025 contained material misstatements—caused by the understatement of purchased transportation costs and accounts payable —concerning, inter alia, the Company's operating expenses, purchased transportation and warehousing expenses, operating income, effectiveness of internal disclosure controls and procedures, and drivers of financial results and growth.
DEADLINE: August 28, 2026 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/hub-group-inc-loss-submission-form/?id=194984&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of HUBG during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is August 28, 2026. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
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Email: [email protected]
Phone: (646) 453-8903
LOS ANGELES, July 21, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Hub Group, Inc. (“Hub” or “the Company”) (NASDAQ: HUBG) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company’s securities between April 28, 2023 and May 11, 2026, inclusive (the “Class Period”), are encouraged to contact the firm before August 28, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Hub suffered from material misstatements in its financial statements from Q1 2023 to Q4 2024 including its annual reports for 2023 and 2024. The Company’s misstatements included operating revenue, operating income, and revenue recognition. The Company’s financial statements from Q1 2025 to Q3 2025 contained misstatements related to the understatement of purchased transportation costs amongst other errors. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Hub, investors suffered damages.
Join the case to recover your losses
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335 [email protected]
NEW YORK, July 21, 2026 (GLOBE NEWSWIRE) -- When BTIG slashed its valuation multiple on Insulet Corporation (NASDAQ: PODD) from approximately 4.5x to 4x on May 26, 2026, analysts cited "continued negative investor sentiment" and "some risk of reputation damage or increased regulatory scrutiny" from the company's second voluntary medical device correction in less than three months. The next day, Goldman Sachs went further, writing that it did "not fully subscribe to the reiteration of guidance" and had "lowered estimates accordingly." Investors who purchased PODD securities between February 21, 2025 and May 26, 2026 and suffered losses may be entitled to recover compensation. Find out if you could qualify to recover your losses or contact Joseph E. Levi, Esq. at [email protected] or (888) SueWallSt.
PODD shares declined from $236.07 to $146.01 across two corrective disclosures, a cumulative loss of approximately $90 per share. The lead plaintiff deadline is August 31, 2026.
Initial Analyst Optimism Built on Manufacturing Claims
Throughout 2025, sell-side coverage of Insulet reflected management's repeated assurances about manufacturing quality, automation leadership, and the ability to produce "tens of millions of complex electromechanical devices per year at medical standards." Management's statements regarding manufacturing efficiencies, improving gross margins and continued Omnipod 5 growth contributed to investor expectations that Insulet would sustain expanding margins and uninterrupted commercial momentum for Omnipod 5.
The Downgrades Begin: March 2026 MDC
On March 12, 2026, Insulet disclosed its first voluntary Medical Device Correction for Omnipod 5 Pods due to “a small tear in the internal tubing that delivers insulin” that could cause insulin to leak inside the Pod. PODD shares fell $16.23, or 6.88%, the following trading day. Yet management characterized the issue as affecting only "a very small number of pods" and assured investors that non-recalled pods were "very safe to use."
Execution Concerns Deepen: May 2026 MDC
The second MDC on May 26, 2026 shattered that narrative. This time, approximately 7 million Pods across Omnipod 5, Omnipod Dash, and Omnipod Eros product lines were affected, representing 8.5% of 2025 global production. Analyst reaction was swift and pointed:
BTIG cut its price target approximately 9.6%, from $260 to $235, on May 26, 2026BTIG trimmed its valuation multiple from approximately 4.5x to 4x, citing reputation damage riskGoldman Sachs stated it was "not so sure that referencing back to the March MDC sufficiently captures the magnitude of the quality issues"Goldman Sachs wrote that it did "not fully subscribe to the reiteration of guidance and have lowered estimates accordingly"PODD shares fell another $7.79, or 5.07%, to close at $146.01 on May 27, 2026 Why Analyst Shifts Matter for PODD Investors
The lawsuit contends that management's manufacturing quality and safety assurances were materially false when made, because defective manufacturing controls at the Acton, Massachusetts facility created a foreseeable risk of product corrections. Those representations contributed to analyst and investor confidence in Insulet's manufacturing execution and the continued commercial success of Omnipod 5. The corrective disclosures forced a repricing that Goldman Sachs and BTIG explicitly tied to concerns about the gap between management's representations and operational reality.
"When analyst expectations are built on incomplete or misleading company disclosures, the resulting corrections can cause significant investor harm. The analyst commentary following the second Insulet MDC suggests the market had not been given an accurate picture of manufacturing risk." -- Joseph E. Levi, Esq.
Submit your information here or call (888) SueWallSt.
WHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
Frequently Asked Questions About the PODD Lawsuit
Q: What specific misstatements does the PODD lawsuit allege? A: The complaint alleges Insulet made materially false or misleading statements regarding its manufacturing quality controls, product safety, and the scope of defects affecting its Omnipod insulin delivery systems during the class period. When the true state was revealed through two medical device corrections, the stock price declined sharply.
Q: How much did PODD stock drop? A: Shares fell approximately 6.88% ($16.23 per share) after the first medical device correction on March 12, 2026, and an additional 5.07% ($7.79 per share) after the second correction on May 26, 2026. From pre-disclosure levels to approximately $146.01 per share, Insulet shares declined by roughly $90 per share.
Q: What is the PODD lead plaintiff deadline? A: The deadline to apply for lead plaintiff appointment is August 31, 2026. This deadline applies only to investors seeking to serve as lead plaintiff. Class members who do not apply may still participate in any recovery without taking action before this date.
Q: What do PODD investors need to do right now? A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Contact SueWallSt, a brand of Levi & Korsinsky LLP, for a no-cost, no-obligation case evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible as an absent class member.
Q: What if I already sold my PODD shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.
Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. You submit a claim form to receive your portion of recovery.
Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004 [email protected]
Tel: (888) SueWallSt
Fax: (212) 363-7171
Attorney Advertising. Prior results do not guarantee similar outcomes.
, /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Insulet Corporation (NASDAQ: PODD).
Shareholders who purchased shares of PODD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Insulet's manufacturing controls and procedures were defective; (ii) the foregoing created a foreseeable heightened risk that one or more Insulet products would be found to be in violation of applicable safety regulations and/or pose a risk of injury; and (iii) as a result, defendants' public statements were materially false and misleading at all relevant times.
DEADLINE: August 31, 2026 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/insulet-corporation-loss-submission-form/?id=194985&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of PODD during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is August 31, 2026. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
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Email: [email protected]
Phone: (646) 453-8903
LOS ANGELES, July 21, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Insulet Corporation (“Insulet” or “the Company”) (NASDAQ: PODD) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company’s securities between February 21, 2025 and May 26, 2026, inclusive (the “Class Period”), are encouraged to contact the firm before August 31, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Insulet suffered from defective controls over its manufacturing processes. The Company faced increased risks of safety violations due to these deficiencies. The Company’s manufacturing problem necessitating its March 2026 Medical Device Cirrection impacted a greater number of its Pod Products than it claimed. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Insulet, investors suffered damages.
Join the case to recover your losses
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335 [email protected]
The S&P 600’s newest, familiar members: Are they winners?Vicor NASDAQ: VICR reported a sharp sequential revenue increase for the second quarter of 2026, driven by growth in advanced products and royalty income from a recent licensing agreement, while management pointed to additional capacity, licensing activity and demand for power delivery technology as key factors in its outlook.
Chief Financial Officer Jim Schmidt said the company recorded product and royalty revenue of $143.4 million for the quarter ended June 30, up 26.9% from $113 million in the first quarter of 2026. Revenue was up 1.6% from the second quarter of 2025, which included a $45 million patent litigation settlement.
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Generac Powers Up as Summer Temperatures RiseAdvanced products revenue rose 45% sequentially to $94.2 million, while brick products revenue increased 2.4% to $49.2 million. Advanced products represented 65.7% of total revenue, up from 57.5% in the prior quarter. Shipments to stocking distributors increased 4.2% from the first quarter and 38.8% year over year.
Royalty Income Boosts Second-Quarter Results Schmidt said royalty income from Vicor’s most recent license agreement contributed $15 million to second-quarter revenue. The agreement provides for four $5 million quarterly payments in its first year and $10 million quarterly payments in its second year, for a total of $60 million.
Because of the accounting treatment of the agreement, Schmidt said the license is expected to contribute $5 million in revenue in the third quarter and $10 million per quarter for the following four quarters. He later clarified during the question-and-answer session that the $15 million recognized in the second quarter differed from cash collections because of GAAP accounting treatment and termination clauses in the agreement.
Chief Executive Officer Patrizio Vinciarelli declined to identify the licensee, saying the company does not comment on licensee identities. He said Vicor has “a multiplicity of OEM licensees” and one hyperscaler licensee as of now.
Margins, Expenses and Profitability Vicor reported a consolidated gross profit margin of 58%, up 280 basis points from the prior quarter. Schmidt said total operating expenses increased 6.1% sequentially to $48.2 million, with a substantial portion of the increase tied to contingent legal expenses paid to law firms involved in the licensing deal reached during the quarter.
The company recorded a tax benefit of approximately $10.9 million, representing an effective tax rate of negative 27.9%. Schmidt said the tax provision and effective tax rate were positively affected by stock options exercised during the quarter.
Net income totaled $49.8 million, and GAAP diluted income per share was $1.04, based on 47.7 million diluted shares.
Cash and cash equivalents were $453.6 million at quarter-end, up $49.4 million sequentially. Schmidt also said Vicor received a $14.3 million payment from the IRS on July 13 related to its application for a CHIPS Act investment tax credit as a refund from its 2023 tax return. He said additional tax credit amounts expected from later tax returns should add to the company’s cash balance in the third quarter and beyond.
Backlog Rises as Company Guides for Growth Vicor’s second-quarter book-to-bill ratio was above one, and one-year backlog rose 26% from the prior quarter to $379.7 million. Schmidt said the company expects “a nearly 10% increase” in third-quarter revenue and more than $600 million in 2026 revenue.
To meet those growth objectives, Schmidt said Vicor is planning for double-digit sequential increases in product revenue for advanced products. He added that the guidance is based on conservative assumptions about the company’s licensing practice, noting that new licensing agreements may not occur until Vicor’s second International Trade Commission case reaches a final determination in 2027.
In response to a question about backlog, Vinciarelli said relatively little of the increase was attributable to the new licensing agreement. He and Corporate Vice President of Global Sales and Marketing Phil Davies cited strength across multiple markets, including aerospace and defense, industrial, high-performance computing and automatic test equipment.
Vertical Power Delivery Remains Central to Strategy Davies said Vicor’s updated financial objectives are $2.5 billion in revenue, 70% gross margins and 40% operating income. He said those targets supersede prior objectives of $1 billion in revenue and 65% gross margins set in 2023 and are based on a two-pronged strategy involving power module sales and intellectual property licensing.
Davies said the company’s power module business is focused on 100 customers across high-performance computing, industrial, automotive, and aerospace and defense markets. He highlighted Vertical Power Delivery, or VPD, as a key opportunity for AI data center hyperscalers and OEMs seeking higher compute density.
Vinciarelli said Vicor has completed development for an initial chipset for its lead customer at a baseline of 3 amps per square millimeter current density and is completing demo systems for other customers. He said the company is working to raise performance beyond that level late this year or early next year.
Davies said Vicor expects to engage with a hyperscaler and a couple of OEMs during the remainder of the year, with programs potentially evolving into production systems in the late third quarter or fourth quarter of next year. He said Vicor’s second-generation VPD offers three amps per square millimeter now, moving toward five amps per square millimeter early next year, with a 1.5 millimeter package.
Capacity Expansion and Second Fab Plans Management said capacity remains a major focus. Vinciarelli said Vicor is expanding and absorbing capacity at its first chip fab and is approaching higher utilization. He said the company is working to close on a second facility and has several site options, with decisions likely in the next few weeks.
Asked whether Vicor could reach its $2.5 billion revenue target with its existing facility, Vinciarelli said, “No,” adding that a second fab would be required. He said the company is evaluating sites that could support “as much as 2x, potentially 3x” the first fab, although he later clarified that the second facility would be built out in stages to avoid unnecessary or premature depreciation.
Vinciarelli said Vicor’s near-term strategy has shifted toward adding capacity through a second chip fab that it can fully control, rather than relying on alternative sources. He said alternate sourcing may still be part of the long-term strategy, but would not provide the needed predictability and timing for key customers over the next couple of years.
Management also said lead times have stretched somewhat, consistent with broader industry trends where demand exceeds capacity in several areas. Vinciarelli said Vicor is in a position to be selective about customer engagements as it approaches capacity utilization.
About Vicor (NASDAQ:VICR)Vicor Corporation is a designer and manufacturer of modular power components and systems, serving a wide range of industries that demand high performance and efficiency. Headquartered in Andover, Massachusetts, the company develops power conversion solutions that help customers optimize energy delivery in applications from telecommunications and data centers to industrial and automotive systems.
The company's product portfolio includes high-density DC-DC converters, AC-DC front-end modules, point-of-load regulators and complete power systems that combine multiple conversion stages in a single package.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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Analysts on Wall Street project that RPM International (RPM - Free Report) will announce quarterly earnings of $1.84 per share in its forthcoming report, representing an increase of 7% year over year. Revenues are projected to reach $2.19 billion, increasing 5% from the same quarter last year.
The consensus EPS estimate for the quarter has undergone a downward revision of 1.3% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
With that in mind, let's delve into the average projections of some RPM International metrics that are commonly tracked and projected by analysts on Wall Street.
The consensus among analysts is that 'Net Sales- Construction Products Group/ CPG' will reach $891.00 million. The estimate suggests a change of +10% year over year.
The consensus estimate for 'Net Sales- Consumer Segment' stands at $751.41 million. The estimate indicates a change of +8.7% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Net Sales- Performance Coatings Group/ PCG' of $549.23 million. The estimate indicates a year-over-year change of +37.6%.
According to the collective judgment of analysts, 'Adjusted EBIT- Consumer Segment' should come in at $128.59 million. Compared to the present estimate, the company reported $122.47 million in the same quarter last year.
Analysts predict that the 'Adjusted EBIT- Performance Coatings Group/ PCG' will reach $76.55 million. Compared to the current estimate, the company reported $57.77 million in the same quarter of the previous year.
It is projected by analysts that the 'Adjusted EBIT- Construction Products Group/ CPG' will reach $173.82 million. The estimate compares to the year-ago value of $158.11 million.
View all Key Company Metrics for RPM International here>>>
Shares of RPM International have demonstrated returns of -5.5% over the past month compared to the Zacks S&P 500 composite's -0.6% change. With a Zacks Rank #3 (Hold), RPM is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
RADNOR, Pa., July 21, 2026 (GLOBE NEWSWIRE) -- Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, is investigating potential violations of the federal securities laws by HCA Healthcare, Inc. (NYSE: HCA) on behalf of investors who purchased or acquired HCA Healthcare, Inc. securities and experienced significant financial losses.
HCA Announces Disappointing Financial Results
On July 14, 2026, HCA issued a press release reporting its preliminary financial and operating results for the second quarter of 2026. Among other items, HCA sharply lowered its full-2026 profit guidance, citing an unfavorable shift in the company's payer mix, which impacted revenue by approximately $400 million in the quarter.
HCA’s Stock Drops Over 6%
Following the news of HCA’s poor financial results, HCA Healthcare, Inc.’s stock price fell over 6%.
CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired HCA Healthcare, Inc. securities and have lost money on your investment, please provide your information here: https://www.ktmc.com/hca-hca-healthcare-inc-investigation?utm_campaign=hc?utm_source=Globe&utm_medium=pressrelease&utm_campaign=hca&mktm=PR
You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected]. There is no cost or obligation to speak with an attorney.
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):
Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.
CONTACT:
Jonathan Naji, Esq.
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Radnor, PA 19087
(484) 270-1453 [email protected]
May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.
Wall Street expects a year-over-year increase in earnings on higher revenues when CenterPoint Energy (CNP - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on July 28, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis energy delivery company is expected to post quarterly earnings of $0.36 per share in its upcoming report, which represents a year-over-year change of +24.1%.
Revenues are expected to be $2.11 billion, up 8.4% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.5% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for CenterPoint?For CenterPoint, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +2.07%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that CenterPoint will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that CenterPoint would post earnings of $0.58 per share when it actually produced earnings of $0.56, delivering a surprise of -3.45%.
Over the last four quarters, the company has beaten consensus EPS estimates just once.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
CenterPoint appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
The market expects Unum (UNM - Free Report) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on July 28, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis insurance company is expected to post quarterly earnings of $2.14 per share in its upcoming report, which represents a year-over-year change of +3.4%.
Revenues are expected to be $2.95 billion, down 12.6% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.67% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Unum?For Unum, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.89%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Unum will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Unum would post earnings of $2.07 per share when it actually produced earnings of $2.14, delivering a surprise of +3.38%.
Over the last four quarters, the company has beaten consensus EPS estimates just once.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Unum doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
The market expects IQVIA Holdings (IQV - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on July 28, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis clinical testing company is expected to post quarterly earnings of $3.02 per share in its upcoming report, which represents a year-over-year change of +7.5%.
Revenues are expected to be $4.3 billion, up 7% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.45% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for IQVIA?For IQVIA, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -2.98%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that IQVIA will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that IQVIA would post earnings of $2.83 per share when it actually produced earnings of $2.90, delivering a surprise of +2.47%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
IQVIA doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
AppLovin (APP - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Shares of this mobile app technology company have returned -9.5% over the past month versus the Zacks S&P 500 composite's -0.6% change. The Zacks Technology Services industry, to which AppLovin belongs, has lost 6.8% over this period. Now the key question is: Where could the stock be headed in the near term?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
AppLovin is expected to post earnings of $3.72 per share for the current quarter, representing a year-over-year change of +64.6%. Over the last 30 days, the Zacks Consensus Estimate has changed -0.2%.
For the current fiscal year, the consensus earnings estimate of $15.93 points to a change of +58.7% from the prior year. Over the last 30 days, this estimate has changed -0.3%.
For the next fiscal year, the consensus earnings estimate of $20.89 indicates a change of +31.2% from what AppLovin is expected to report a year ago. Over the past month, the estimate has changed -0.7%.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, AppLovin is rated Zacks Rank #3 (Hold).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
In the case of AppLovin, the consensus sales estimate of $1.94 billion for the current quarter points to a year-over-year change of +54%. The $8.24 billion and $10.59 billion estimates for the current and next fiscal years indicate changes of +42% and +28.4%, respectively.
Last Reported Results and Surprise HistoryAppLovin reported revenues of $1.84 billion in the last reported quarter, representing a year-over-year change of +24.2%. EPS of $3.56 for the same period compares with $1.67 a year ago.
Compared to the Zacks Consensus Estimate of $1.77 billion, the reported revenues represent a surprise of +3.86%. The EPS surprise was +4.71%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
AppLovin is graded C on this front, indicating that it is trading at par with its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about AppLovin. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Wall Street expects a year-over-year increase in earnings on higher revenues when Community Financial System (CBU - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on July 28, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis bank holding company is expected to post quarterly earnings of $1.19 per share in its upcoming report, which represents a year-over-year change of +22.7%.
Revenues are expected to be $222.08 million, up 11% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.6% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Community Financial?For Community Financial, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.28%.
On the other hand, the stock currently carries a Zacks Rank of #4.
So, this combination makes it difficult to conclusively predict that Community Financial will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Community Financial would post earnings of $1.1 per share when it actually produced earnings of $1.09, delivering a surprise of -0.91%.
Over the last four quarters, the company has beaten consensus EPS estimates just once.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Community Financial doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerAnother stock from the Zacks Financial - Miscellaneous Services industry, Bread Financial Holdings (BFH - Free Report) , is soon expected to post earnings of $2.43 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of -22.6%. Revenues for the quarter are expected to be $950.15 million, up 2.3% from the year-ago quarter.
Over the last 30 days, the consensus EPS estimate for Bread Financial has been revised 3.1% up to the current level. Nevertheless, the company now has an Earnings ESP of +3.60%, reflecting a higher Most Accurate Estimate.
When combined with a Zacks Rank of #3 (Hold), this Earnings ESP indicates that Bread Financial will most likely beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Tyler Technologies (TYL - Free Report) closed the last trading session at $317.96, gaining 15.5% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $429.62 indicates a 35.1% upside potential.
The mean estimate comprises 21 short-term price targets with a standard deviation of $55.16. While the lowest estimate of $334.00 indicates a 5% increase from the current price level, the most optimistic analyst expects the stock to surge 70.8% to reach $543.00. It's very important to note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.
While the consensus price target is highly sought after by investors, the ability and unbiasedness of analysts in setting price targets have long been questionable. And investors making investment decisions solely based on this tool would arguably do themselves a disservice.
But, for TYL, an impressive average price target is not the only indicator of a potential upside. Strong agreement among analysts about the company's ability to report better earnings than they predicted earlier strengthens this view. While a positive trend in earnings estimate revisions doesn't gauge how much a stock could gain, it has proven to be powerful in predicting an upside.
Price, Consensus and EPS Surprise
Here's What You May Not Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.
While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?
They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.
However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.
That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.
Here's Why There Could be Plenty of Upside Left in TYLThere has been increasing optimism among analysts lately about the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher. And that could be a legitimate reason to expect an upside in the stock. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
The Zacks Consensus Estimate for the current year has increased 0.3% over the past month, as two estimates have gone higher compared to no negative revision.
Moreover, TYL currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Therefore, while the consensus price target may not be a reliable indicator of how much TYL could gain, the direction of price movement it implies does appear to be a good guide.
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DXC Technology NYSE: DXC held its 2026 annual meeting of stockholders, with Chairman David Herzog acknowledging dissatisfaction with the company’s stock performance in fiscal 2026 while pointing to artificial intelligence initiatives and recently outlined financial goals as key elements of the company’s turnaround strategy.
Speaking on behalf of the board, Herzog said directors are “unsatisfied with our stock price performance during fiscal 2026” and are committed to long-term shareholder value appreciation. He said the board is working with senior leadership to chart a path toward “sustainable, profitable growth.”
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Herzog highlighted what he described as “encouraging building blocks” for the company’s future, including new AI-infused solutions across DXC’s offerings. He said the company’s ability to operate customers’ mission-critical systems underpins its global infrastructure business. Herzog also cited DXC’s insurance software and services business as a market leader, with AI-based applications aimed at modernizing legacy infrastructure without costly or risky replacement projects.
CEO Points to Investor Day Framework and Anthropic Partnership Raul Fernandez, DXC’s president and chief executive officer, said the company used its investor day in New York last month to present “a clear and compelling picture of who DXC is becoming.”
Fernandez said DXC outlined a disciplined financial framework through fiscal 2029, including a return to organic growth, expansion in non-GAAP EBIT margin and continued strong free cash flow generation. He said the company was transparent that the current fiscal year represents a transition.
Fernandez also said DXC demonstrated AI strategy, scale and products it is currently delivering to customers. He pointed to a recently announced global partnership with Anthropic, which he described as a “landmark” agreement intended to advance DXC’s AI capabilities in the mission-critical systems it operates globally.
“The early response from our customers and our partners has been very strong, reinforcing our confidence that DXC is extremely well-positioned for long-term growth and AI value creation,” Fernandez said.
Stockholders Elect Directors, Ratify Auditor DXC reported that 135,086,527 shares of common stock, or about 83.35% of shares entitled to vote, were represented by proxy or online, establishing a quorum for the meeting.
Stockholders elected all nine director nominees to serve until the 2027 annual meeting or until their successors are elected and qualified. The elected directors are David Barnes, Raul Fernandez, Anthony Gonzalez, David Herzog, Pinkie Mayfield, Dawn Rogers, Carrie Teffner, Kiko Washington and Bob Woods.
Herzog also thanked Karl Racine, who had served as a director since January 2023 and was not standing for re-election.
Stockholders ratified Deloitte & Touche LLP as DXC’s independent auditor for fiscal 2027. Herzog said the company will report first-quarter fiscal 2027 earnings after the market close on July 30 and would not discuss company performance beyond fiscal 2026 during the annual meeting.
Compensation Vote Passes, Omnibus Equity Plan Fails DXC said stockholders approved, on a non-binding advisory basis, the compensation of the company’s named executive officers. However, an amendment to the company’s 2017 Omnibus Incentive Plan did not receive the required affirmative votes and was not approved.
The rejected proposal would have increased the number of shares available for issuance under the omnibus plan by 20 million, from 51.2 million to 71.2 million, and extended the plan term to March 30, 2037.
Stockholders did approve an amendment to the company’s 2017 Non-Employee Director Incentive Plan. That amendment increases the number of shares available under the plan by 1 million, from 1.245 million to 2.245 million, and extends the term to March 30, 2037.
DXC said it will report final vote results in a Form 8-K filing within four business days.
Board Addresses Pay and Shareholder Alignment During the question-and-answer portion, DXC responded to a stockholder question about executive and board compensation in light of the company’s stock performance and its plan to improve results.
Herzog said the increase in reported CEO pay was driven by a multi-year, front-loaded equity award covering an extended period. He said the award was designed to support retention and align incentives with stockholders during a critical period in DXC’s transformation.
According to Herzog, the awards are tied to growth in revenue, growth in free cash flow and relative shareholder return targets. “If these targets are not met, the awards do not pay out at target,” he said.
Herzog said director compensation is benchmarked to peer companies and reviewed periodically to ensure the company can attract and retain directors with the skills required for the transformation. He also said management compensation is tied directly to the commitments outlined at the company’s investor day.
Before adjourning the meeting, Herzog said the board would continue dialogue with investors and review compensation programs to align with shareholder interests. He also said the board was disappointed that the omnibus equity plan proposal did not pass, calling equity compensation a critical and market-standard tool to attract and retain senior talent and align incentives with long-term shareholder value creation.
About DXC Technology (NYSE:DXC)DXC Technology, headquartered in Tysons Corner, Virginia, is a global leader in IT services and solutions. The company was formed in 2017 through the merger of Computer Sciences Corporation (CSC) and the Enterprise Services business of Hewlett Packard Enterprise, combining decades of experience in consulting, systems integration and managed services. Since its inception, DXC has focused on helping clients modernize IT environments and drive digital transformation across their organizations.
DXC Technology's core service offerings encompass cloud and platform services, applications and analytics, security, and workplace and mobility solutions.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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Washington Trust Bancorp NASDAQ: WASH reported stronger second-quarter 2026 earnings as higher net interest income, margin expansion and growth in commercial lending helped lift profitability from the prior quarter.
The Westerly, Rhode Island-based bank posted net income of $16 million, or $0.83 per share, for the quarter, up $3.4 million, or $0.17 per share, from the first quarter, Chief Financial Officer Ron Ohsberg said on the company’s earnings call. Pre-provision pretax net revenue rose 9% from the prior quarter and 23% from a year earlier.
Chairman and Chief Executive Officer Ned Handy said the company delivered “strong results” as disciplined execution drove higher profitability and loan and deposit growth. He pointed to the bank’s institutional banking initiative as a contributor to growth in commercial and industrial loans and deposits.
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Net Interest Income and Margin Improve Net interest income totaled $41.8 million in the second quarter, up 3% from the first quarter and 12% from the year-earlier period, Ohsberg said. The net interest margin was 2.73%, up 10 basis points from the prior quarter and 37 basis points year over year.
Ohsberg said the quarter benefited from the end of amortization tied to a deferred loss from a terminated hedge. The remaining deferred loss was fully amortized on May 1, eliminating that expense from the bank’s ongoing run rate. The second quarter included a two-month benefit of $1.4 million to net interest income, equal to nine basis points of margin. The third quarter is expected to capture an additional month of benefit, totaling about $700,000, or four basis points, compared with the second quarter.
In response to analyst questions, Ohsberg said the company expects the margin to be about 2.75% in the third quarter and 2.80% in the fourth quarter. He said most certificates of deposit and Federal Home Loan Bank funding have repriced lower, though “there’s probably a little bit left to go.” He also said the institutional banking team is expected to self-fund about 35% of its production, which should help the deposit mix.
Loan and Deposit Growth Led by Commercial Banking Total loans increased 2% from March 31, with total commercial loans up $63 million. Ohsberg said the increase was driven by growth in the commercial and industrial portfolio, mainly from the institutional banking team. Residential loans rose $13 million, while consumer loans increased $12 million.
Commercial real estate had solid production in the quarter, but that was more than offset by payoffs, Ohsberg said. The commercial pipeline stood at approximately $143 million at quarter-end.
Handy said commercial loans overall were up 2.4% and said the company expects that type of pace to continue in coming quarters. He reiterated that Washington Trust is targeting mid-single-digit overall loan growth for the year, led by the institutional banking group and C&I lending.
During the question-and-answer session, Handy said the institutional banking growth in the quarter was largely education-related, focused on schools rather than colleges. He said the existing loans were to “very well-heeled” not-for-profit schools with strong deposit relationships and operations. While colleges are a focus and some are in the pipeline, Handy said none of the current volume in that category is to colleges.
Deposits increased 4% from the end of the first quarter and 6% year over year. Wholesale funding declined $120 million, or 21%, from March 31. The loan-to-deposit ratio improved to 95.1% at June 30 from 96.9% at the end of the first quarter.
Fee Income, Wealth and Mortgage Banking Non-interest income rose $1.4 million, or 8%, from the first quarter and was up 9% year over year. Wealth management revenue increased $554,000, or 5%, from the prior quarter and $1.1 million, or 11%, from a year earlier. Ohsberg said the quarter included a $265,000 increase in transaction-based revenue, largely reflecting seasonal tax servicing fee income, while asset-based revenue increased $289,000 from the first quarter.
Mortgage banking revenue totaled $3.5 million, up 14% from both the first quarter and the year-earlier quarter. The mortgage pipeline was $121 million at June 30, up $7 million, or 6%, from March 31.
Asked about wealth management trends, Ohsberg said the company set a record in the quarter for wealth assets under management, though he said Washington Trust was not breaking out net flows.
Expenses and Capital Salaries and benefits expense increased $972,000, or 4%, reflecting staffing additions in commercial and retail banking, as well as volume- and performance-related compensation changes. Other categories of non-interest expense decreased by a net $140,000 in the second quarter, Ohsberg said.
Ohsberg told analysts the company expects third-quarter expenses to increase by about $1 million, citing mortgage volume, branch openings, open positions expected to be filled and timing of advertising expense. He said that would put third-quarter expenses just under $39 million. New branches are expected to add about $200,000 of expense in the third quarter and another $200,000 in the fourth quarter.
Total equity was $554 million at quarter-end, up $7 million from the end of the first quarter. The company’s dividend remained $0.56 per share. Ohsberg said the effective tax rate was 21.2% in the second quarter and that the company expects its full-year 2026 rate to be approximately 21.5%.
Credit Quality Stable; Branch and Digital Investments Continue Ohsberg described asset and credit quality metrics as stable. Non-accruing loans were 78 basis points of total loans at June 30, down from 81 basis points at the end of the first quarter. Past-due loans rose to 81 basis points from 33 basis points, which Ohsberg attributed to a single commercial real estate office loan that had already been placed on non-accrual status in the prior quarter. He said the increase did not reflect further deterioration in portfolio credit quality during the quarter.
The company recorded a $1.6 million provision for credit losses in the second quarter. The allowance for credit losses totaled $42.6 million, or 83 basis points of total loans.
Handy also highlighted planned investments in the franchise. Washington Trust plans to open its 30th branch later this year in Bristol, Rhode Island, and is finalizing its new Pawtucket branch. The company is also targeting a fall rollout of an enhanced digital banking solution for small business customers.
Handy said Washington Trust remains focused on disciplined growth, prudent risk management, customer service and long-term shareholder value.
About Washington Trust Bancorp (NASDAQ:WASH)Washington Trust Bancorp, Inc is the bank holding company for The Washington Trust Company, a community bank headquartered in Westerly, Rhode Island. Through its subsidiary, the company operates a network of branch offices across Rhode Island and southeastern Connecticut, serving individuals, small businesses and municipalities with a full suite of financial services.
The company's core business activities encompass retail and commercial banking, including checking and savings accounts, consumer and commercial loans, mortgage financing, and cash management solutions.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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West Coast Community Bancorp (WCCB - Free Report) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.26 per share. This compares to earnings of $1.23 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +1.59%. A quarter ago, it was expected that this company would post earnings of $1.23 per share when it actually produced earnings of $1.43, delivering a surprise of +16.26%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
WEST COAST BCP, which belongs to the Zacks Banks - Southwest industry, posted revenues of $34.31 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 5.21%. This compares to year-ago revenues of $34.21 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.
WEST COAST BCP shares have added about 23.9% since the beginning of the year versus the S&P 500's gain of 8.7%.
What's Next for WEST COAST BCP?While WEST COAST BCP 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 WEST COAST BCP was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.26 on $36.4 million in revenues for the coming quarter and $5.30 on $145.3 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Southwest is currently in the top 18% 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.
Cullen/Frost Bankers (CFR - 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 financial holding company is expected to post quarterly earnings of $2.53 per share in its upcoming report, which represents a year-over-year change of +5.9%. The consensus EPS estimate for the quarter has been revised 0.2% lower over the last 30 days to the current level.
Cullen/Frost Bankers' revenues are expected to be $594.16 million, up 4.6% from the year-ago quarter.
Atlantic Union (AUB - Free Report) reported $419.93 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 3.1%. EPS of $0.94 for the same period compares to $0.95 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $394.98 million, representing a surprise of +6.32%. The company delivered an EPS surprise of +2.17%, with the consensus EPS estimate being $0.92.
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 Atlantic Union performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency Ratio: 47.9% versus 50.4% estimated by four analysts on average.Net Interest Margin: 3.9% versus 3.9% estimated by four analysts on average.Average Balance - Total earning assets: $33.54 billion compared to the $33.58 billion average estimate based on four analysts.Net charge-offs / total average LHFI (annualized): 0% compared to the 0.1% average estimate based on three analysts.Total Noninterest Income: $90.25 million versus $63.4 million estimated by four analysts on average.Bank owned life insurance income: $5.73 million versus $5.19 million estimated by three analysts on average.Interchange fees, net: $3.75 million compared to the $3.71 million average estimate based on three analysts.Mortgage banking income, net: $2.66 million compared to the $2.94 million average estimate based on three analysts.Net interest income (FTE): $329.68 million versus $328.87 million estimated by three analysts on average.Fiduciary and asset management fees: $21.46 million versus the three-analyst average estimate of $20.45 million.Service charges on deposit accounts: $12.26 million versus $12.44 million estimated by two analysts on average.Other operating income: $35.62 million versus the two-analyst average estimate of $4.2 million.View all Key Company Metrics for Atlantic Union here>>>
Shares of Atlantic Union have returned +6.1% 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.
Here’s What Happens When a Stock is Removed from an IndexAtlantic Union Bankshares NYSE: AUB reported what management described as a strong second quarter of 2026, with higher loan balances, improved net interest margin and continued low credit losses, while a one-time gain from an equity investment sale boosted reported earnings.
President and CEO John Asbury said the quarter offered “an encouraging indication of the earnings power of the franchise” the company has been building. He highlighted that Atlantic Union incurred no merger-related costs for the first time in two years and recorded a $32.3 million pre-tax gain from the sale of its equity interest in Bearing Insurance.
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Excluding that gain, Executive Vice President and CFO Alex Dodd said adjusted operating earnings available to common shareholders were $134 million, or $0.94 per common share. Reported net income available to common shareholders was $158 million, or $1.11 per common share. On an adjusted operating basis, the company posted a return on tangible common equity of 20.11%, return on assets of 1.47% and an efficiency ratio of 47.47%.
Loan Growth Strengthens as Pipelines Remain Healthy Asbury said Atlantic Union delivered record loan production during the quarter, exceeding its fourth-quarter 2025 production level by about 8%, even though the fourth quarter is typically the company’s strongest period. He said the bank expects some seasonal moderation in the third quarter but that pipelines remain healthy.
Average loans were $28.2 billion and grew at about a 6% annualized pace during the quarter, while period-end loans increased 10.4% annualized from the first quarter to about $28.7 billion. Asbury said growth was broad-based, led by commercial lending, construction lending, multifamily and select consumer categories. Year-to-date annualized loan growth was 6.4%.
Management said full-year loan growth is now tracking toward the higher end of its mid-single-digit outlook. Dodd said the company continues to expect loan balances to end the year between $29 billion and $30 billion.
In the question-and-answer portion, David Ring, executive vice president and wholesale banking group executive, said the former Sandy Spring markets in Greater Washington and Maryland were showing double-digit pipeline growth and double-digit production growth. “We’re seeing very balanced, stable growth,” Ring said, adding that the company was not seeing an acquisition-related hangover.
Net Interest Income Rises, but Deposit Mix Pressures Outlook Tax-equivalent net interest income was $329.7 million, up $12.8 million from the first quarter, driven by higher loan volumes, higher loan yields and increased loan accretion income. The company’s tax-equivalent net interest margin rose nine basis points from the prior quarter to 3.94%. Dodd said the increase was primarily due to higher earning asset yields, partially offset by modestly higher deposit costs.
Excluding purchase accounting accretion, core net interest margin increased one basis point to 3.46%. Dodd said core margin is expected to “grind higher over time” because of fixed-rate loan repricing, though higher funding costs and deposit mix are expected to limit the pace of improvement.
Total deposits were $30.5 billion at June 30, up $77 million, or about 1% annualized, from the prior quarter. Asbury said growth was concentrated in interest-bearing deposits. The company reduced brokered deposits by about $53 million during the quarter and about $571 million year to date, leaving brokered deposits at 2% of total deposits at quarter-end.
Dodd said the company’s updated net interest income guidance was driven by funding-side pressures, particularly customer migration into higher-yielding interest-bearing products. He said deposit competition is “elevated but stable,” and that the change is primarily a mix issue. New interest-bearing deposits were coming in at a combined cost of more than 3%, generally between 3% and 3.5%, depending on product mix.
For 2026, Atlantic Union now projects fully tax-equivalent net interest income of $1.32 billion to $1.33 billion, including accretion income, and fully tax-equivalent net interest margin of 3.90% to 3.95%. Dodd said the outlook assumes the Federal Reserve increases rates by 25 basis points in September and term rates remain stable at current levels.
Credit Quality Remains Strong Credit performance remained favorable in the quarter. Net charge-offs were $2 million, or three basis points annualized, both for the quarter and year to date. The total allowance for credit losses was $331 million at quarter-end, up $9.1 million, primarily because of loan growth. The allowance as a percentage of loans held for investment was unchanged at 115 basis points.
Asbury said nonperforming assets increased modestly from the prior quarter but remained low at 39 basis points of loans held for investment. Past dues declined considerably, and criticized and classified assets improved to 4.4% of total loans from 4.5% in the prior quarter.
Based on first-half performance and current loss expectations, management lowered its full-year net charge-off outlook to a range of five to 10 basis points. Dodd said the allowance for credit losses is expected to remain in a 115- to 120-basis-point range.
Asked about C&I loans placed on nonaccrual during the quarter, Chief Credit Officer Doug Woolley said the increase involved two smaller credits that had “gone a little bit sideways” and did not indicate a broader portfolio issue.
Capital, Buybacks and Strategic Investments Dodd said the company and Atlantic Union Bank remained comfortably above well-capitalized regulatory levels. Tangible book value per common share increased $0.84, or 4.2%, from the prior quarter to $20.77, and was up 13% year over year. The CET1 ratio was 10.41%, within the company’s preferred range of 10% to 10.5%.
Atlantic Union repurchased about $10 million of common stock during the quarter at an average price of $37.76, leaving about $240 million under its share repurchase authorization. Dodd said the company plans to complete the program, though the timing will depend on share price, capital levels and loan growth.
Management also provided an update on its North Carolina expansion. Shawn O’Brien, executive vice president and consumer and business banking group executive, said Atlantic Union plans to open 10 new branches in North Carolina, focused on Raleigh and Wilmington. The first Raleigh branch was set to open in July, with two more Raleigh branches expected later in 2026. The company expects to complete most of the 10-branch plan in 2027, though some locations could extend into 2028.
Asbury said the company has no additional acquisitions currently planned during this phase of its strategic plan and is focused on demonstrating sustained performance and capital generation.
About Atlantic Union Bankshares (NYSE:AUB)Atlantic Union Bankshares, Inc is a bank holding company headquartered in Richmond, Virginia, operating through its principal subsidiary Atlantic Union Bank. The company offers a full suite of commercial and consumer banking services to individuals, businesses and institutions across Virginia, Maryland, North Carolina and the District of Columbia. Leveraging a network of full-service branches, commercial lending offices and digital platforms, Atlantic Union Bankshares focuses on relationship-driven solutions tailored to its regional client base.
Atlantic Union’s product lineup includes traditional deposit accounts, such as checking, savings and money market accounts, along with certificates of deposit.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
Should You Invest $1,000 in Atlantic Union Bankshares Right Now?Before you consider Atlantic Union Bankshares, you'll want to hear this.
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Robotics and automation are rapidly becoming essential infrastructure across healthcare, manufacturing, logistics, and many other industries.
"Physical AI" is coming to the United States, and there are four ways that investors can gain exposure to this new robotics revolution. Plus, learn which seven companies are most positioned to benefit as intelligent robots enter the workforce.
LEAWOOD, Kan., July 21, 2026 (GLOBE NEWSWIRE) -- Euronet (NASDAQ: EEFT), a global leader in payments processing and cross-border transactions, announced today it will release its second quarter 2026 earnings results prior to the market opening on Thursday, July 30, 2026. Euronet will hold a conference call on the same day at 9:00 a.m. Eastern Time to discuss the results.
The conference call and accompanying slide show presentation will be accessible via webcast by following the link posted on http://ir.euronetworldwide.com. Participants wanting to access the conference call by telephone must register at the Euronet Worldwide Second Quarter 2026 Earnings Call web link to receive dial-in information. While not required, it is recommended that participants join the call five minutes before the event starts.
A webcast replay will be available beginning approximately one hour after the event at https://ir.euronetworldwide.com and will remain available for one year.
About Euronet
Euronet (Nasdaq: EEFT) is a global leader in payment processing and cross-border transactions, operating for more than 30 years and now serving clients in 200+ countries and territories. We support financial institutions, merchants and global brands with technology-driven solutions, while enabling businesses and consumers to send, receive and spend money seamlessly worldwide. By operating one of the world’s largest independent electronic payment networks spanning merchant acquiring, transaction processing and point-of-sale infrastructure, Euronet enables real-time, digital and cross-border movement of money at global scale. In 2025, Euronet processed more than 20 billion transactions across its network. Headquartered in Leawood, Kansas USA, Euronet operates from 74 offices worldwide. For more information, visit www.euronet.com.
BSX faces Q2 results with growth expected in key businesses, but lowered full-year guidance, cost pressures and weak stock performance cloud the outlook.
For those looking to find strong Utilities stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Edison International (EIX - Free Report) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Utilities sector should help us answer this question.
Edison International is one of 111 companies in the Utilities group. The Utilities group currently sits at #14 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Edison International is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for EIX's full-year earnings has moved 0% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, EIX has moved about 28.7% on a year-to-date basis. Meanwhile, the Utilities sector has returned an average of 6.1% on a year-to-date basis. This means that Edison International is performing better than its sector in terms of year-to-date returns.
One other Utilities stock that has outperformed the sector so far this year is New Jersey Resources (NJR - Free Report) . The stock is up 27% year-to-date.
Over the past three months, New Jersey Resources' consensus EPS estimate for the current year has increased 5.9%. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Edison International belongs to the Utility - Electric Power industry, which includes 63 individual stocks and currently sits at #154 in the Zacks Industry Rank. This group has gained an average of 7.2% so far this year, so EIX is performing better in this area.
In contrast, New Jersey Resources falls under the Utility - Gas Distribution industry. Currently, this industry has 13 stocks and is ranked #189. Since the beginning of the year, the industry has moved +5.4%.
Investors with an interest in Utilities stocks should continue to track Edison International and New Jersey Resources. These stocks will be looking to continue their solid performance.
Expro Group Holdings (XPRO - Free Report) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 28. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis oil and gas pipe provider is expected to post quarterly earnings of $0.13 per share in its upcoming report, which represents a year-over-year change of -18.8%.
Revenues are expected to be $379 million, down 10.4% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 4.35% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Expro Group Holdings?For Expro Group Holdings, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.
On the other hand, the stock currently carries a Zacks Rank of #4.
So, this combination makes it difficult to conclusively predict that Expro Group Holdings will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Expro Group Holdings would post a loss of$0.07 per share when it actually produced earnings of $0.09, delivering a surprise of +228.57%.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Expro Group Holdings doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Corrugated Cash Flow: Hiding in Packaging StocksCrown NYSE: CCK raised its full-year earnings outlook after reporting stronger second-quarter results, supported by higher global beverage can shipments, gains in its beverage can equipment business and improved performance in North American tin plate operations.
Kevin Clothier, senior vice president and chief financial officer, said reported diluted earnings per share were $2.23, up from $1.56 in the prior-year quarter. Adjusted earnings per diluted share rose 16% to $2.49 from $2.15 a year earlier. Net sales increased to $3.7 billion, reflecting 5% growth in global beverage can shipments, the pass-through of higher material costs and favorable foreign currency translation.
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3 Stocks That Just Announced Big Dividend IncreasesSegment income rose to $501 million from $476 million in the second quarter of 2025. Clothier said the increase was driven by higher global beverage can shipments, strong performance in the beverage can equipment business and North American tin plate operations, partially offset by inflationary cost increases.
Crown Raises 2026 Earnings Guidance Based on first-half results and a positive demand outlook, Crown increased its full-year 2026 adjusted diluted EPS guidance to a range of $8.30 to $8.50, up from its prior range of $7.90 to $8.30. The company expects third-quarter adjusted diluted EPS of $2.20 to $2.30.
What are specialty REITs? How to invest in themCrown’s full-year assumptions include net interest expense of about $355 million, an effective tax rate of approximately 25%, depreciation of about $330 million and adjusted free cash flow of at least $900 million. Capital spending is expected to be approximately $550 million.
Clothier said the company repurchased $305 million of its shares in the second quarter. Through the first six months of the year, Crown repurchased $517 million of shares and paid $77 million in dividends, returning a total of $594 million to shareholders. He said the pace of buybacks reflects management’s confidence in the outlook, free cash flow generation and a disciplined capital allocation framework.
The company ended the quarter with an adjusted net leverage ratio of about 2.5 times, which Clothier said was consistent with Crown’s long-term leverage target. Crown continues to invest in growth initiatives in Brazil, Greece, Spain and India, which management said are progressing on schedule.
Beverage Can Demand Drives Regional Results Tim Donahue, president and chief executive officer, said Crown delivered another strong quarter, with revenue and EPS both up 16% from the prior-year period. Global beverage can volumes rose 5% in the second quarter, following 5% growth in the first quarter.
In Americas Beverage, revenue increased 21%, which Donahue said was almost entirely due to the pass-through of higher aluminum costs. Sales unit volumes in North America rose 5%, offsetting declines across Latin America. Segment income declined by $3 million, primarily due to cost inflation. Donahue said North American can demand remains strong and that Crown expects full-year shipments in the region to be 3% to 4% above 2025.
European volumes increased 7% in the quarter, with growth across almost all countries, leading to a 10% improvement in segment income. Donahue said the first line in Greece was commercialized earlier in July, adding needed capacity to Crown’s European system. Additional capacity is expected later in the year from a second Greek line and in Spain.
Asia Pacific income rose 6% as volume gains across most countries offset cost headwinds tied to the Middle East crisis. During the question-and-answer portion of the call, Donahue said Asia Pacific volumes were up double digits in the first half of the year and that management expects high single-digit growth in the second half.
Latin America, Transit Packaging and Food Cans Donahue said Latin America beverage can volumes were down 10% in the quarter. In response to an analyst question, Clothier said weakness in Brazil was largely a matter of customer mix, with Crown more exposed to customers serving lower-end consumers, who he said appear to be under more pressure than higher-end consumers. Donahue added that promotional activity by a major brewer in Brazil affected mix for Crown.
Crown is adding a line in Ponta Grossa, Brazil, which Donahue described as a regional size expansion intended to provide more size capability in the Southeast. He said Crown’s Brazilian team is projecting flat volumes for the full year after being down high single digits in the first half, though management is applying caution to that forecast.
Transit Packaging volumes were level with the prior year. Donahue said improved equipment and tool activity was offset by lower steel and plastic strap volumes, while inflation ran ahead of cost recovery. He said the business remains resilient and that second-half performance is expected to be firmer relative to the prior year than in the first half.
Crown’s North American food can volumes declined 3% in the quarter, though Donahue noted they had increased 9% in the prior-year second quarter. He said the business is now about 40% pet food, which provides stability, and that pet food volumes were stronger than human food volumes on a year-over-year basis.
Management Cites Caution on Inflation and Geopolitical Costs Despite the stronger outlook, management struck a cautious tone on the second half. Donahue said demand remains firm in North America and Europe, but the company is factoring in higher inflation tied to ocean freight, industrial gases and other costs related to the Middle East crisis.
In response to Anthony Pettinari of Citi, Donahue said the Middle East conflict had an estimated impact of about $0.05 to $0.06 per share in the second quarter, with a possible $0.07 to $0.10 impact in the second half embedded in current expectations. He said some of these costs are running ahead of Crown’s cost recovery mechanisms, which reset either at year-end or early next year.
Management also discussed the impact of the World Cup and other activity on North American volumes. Clothier said that, while difficult to isolate precisely, the World Cup or America 250-related activity may have represented roughly 2% of North American volume in the second quarter. Donahue said Crown does not expect that same benefit in the third quarter.
Capital Allocation Remains Focused on Buybacks and Internal Growth Asked about capital allocation, Donahue said Crown is not currently contemplating any major M&A and is not contemplating M&A broadly, aside from the possibility of very small transactions. He said free cash flow next year could again be in the $900 million to $1 billion range, subject to future results, and that beyond business investments, Crown expects continued share repurchases.
Clothier said Crown should be able to repurchase close to $200 million of stock in the second half of 2026. Donahue also said the board will review dividend policy as the company approaches year-end.
On India, Clothier said a new plant with two high-speed lines typically costs around $250 million, depending on land and construction costs. He said Crown generally seeks long-term contracts that anchor the economics of a greenfield plant, with commitments covering a large majority of expected volume.
Donahue closed the call by reiterating that the company remains positive on its business, even as it builds caution into second-half expectations because of inflation, geopolitical uncertainty and tougher comparisons in some markets.
About Crown (NYSE:CCK)Crown Holdings, Inc is a leading global supplier of rigid packaging products for consumer goods markets. The company designs, manufactures and sells metal packaging for beverage, food, household, personal care and specialty products. Its portfolio includes aluminum and steel beverage cans, steel food cans, aluminum aerosols, metal closures and ends, offering customers end-to-end solutions from design and prototyping to large-scale production.
Founded in 1919 as the Crown Cork & Seal Company, Crown has grown through strategic acquisitions and investments in advanced manufacturing technologies.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
Should You Invest $1,000 in Crown Right Now?Before you consider Crown, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Crown wasn't on the list.
While Crown currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
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The AI wave will soon hit public markets with Anthropic and OpenAI set to go public later this year. However, you don't have to wait to invest. This report shows seven AI stocks that you can buy today while the big model providers get ready to go public.
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It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
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Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
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How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
#1 (Strong Buy) stocks have produced an unmatched +23.94% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Radian (RDN - Free Report) Founded in 1977 and headquartered in Philadelphia, PA, Radian Group is a credit enhancement company that supports homebuyers, mortgage lenders, loan servicers and investors with a suite of private mortgage insurance and related risk-management products and services. Radian trades on the New York Stock Exchange under the symbol RDN.
RDN is a #2 (Buy) on the Zacks Rank, with a VGM Score of B.
It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 7.52; value investors should take notice.
For fiscal 2026, one analyst revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.10 to $5.17 per share. RDN boasts an average earnings surprise of +10.7%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, RDN should be on investors' short list.
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Focus List MethodologyWhen stocks are picked for the Focus List, it reflects our enduring reliance on the power of earnings estimate revisions.
Earnings estimates are expectations of growth and profitability, and are determined by brokerage analysts. Together with company management, these analysts examine every aspect that may affect future earnings, like interest rates, the economy, and sector and industry optimism.
Earnings estimate revisions are very important, since investors also need to take into consideration what a company will earn in the future.
The stocks that receive positive changes to earnings estimates are more likely to receive even more upward changes in the future. Take this example: if an analyst raised their estimates last month, they'll probably do so again this month, and other analysts will follow.
Utilizing the power of earnings estimate revisions is when the Zacks Rank joins the party. A unique, proprietary stock-rating model, the Zacks Rank uses changes to quarterly earnings expectations to help investors create a winning portfolio.
The Zacks Rank consists of four main pillars: Agreement, Magnitude, Upside, and Surprise. Each one is given a raw score, which is recalculated every night and compiled into the Rank. Then, stocks are classified into five groups, ranging from "Strong Buy" to "Strong Sell," using this data.
The Focus List is comprised of stocks hand-picked from a long list of #1 (Strong Buy) or #2 (Buy) ranked companies, meaning that each new addition boasts a bullish earnings consensus among analysts.
Because stock prices react to revisions, buying stocks with rising earnings estimates can be very profitable. Focus List stocks offer investors a great opportunity to get into companies whose future earnings estimates will be raised, potentially leading to price momentum.
Focus List Spotlight: CACI International (CACI - Free Report) Based in Reston, VA, CACI International delivers IT applications and infrastructure to improve communications and secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. The company’s solutions enrich defense and intelligence capabilities, assure homeland security, improve decision-making, and help customers operate smartly and proficiently.
Since being added to the Focus List on December 2, 2015 at $103.31 per share, shares of CACI have increased 336.87% to $451.33. The stock is currently a #3 (Hold) on the Zacks Rank.
One analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.17 to $28.13. CACI boasts an average earnings surprise of 12.6%.
Moreover, analysts are expecting CACI's earnings to grow 6.2% for the current fiscal year.
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Wall Street expects a year-over-year increase in earnings on higher revenues when TransUnion (TRU - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 28. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis credit reporting company is expected to post quarterly earnings of $1.14 per share in its upcoming report, which represents a year-over-year change of +5.6%.
Revenues are expected to be $1.29 billion, up 12.9% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for TransUnion?For TransUnion, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.73%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that TransUnion will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that TransUnion would post earnings of $1.11 per share when it actually produced earnings of $1.18, delivering a surprise of +6.31%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
TransUnion appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One stock to keep an eye on is Visteon (VC - Free Report) . VC is currently sporting a Zacks Rank #2 (Buy), as well as an A grade for Value. The stock has a Forward P/E ratio of 13.69. This compares to its industry's average Forward P/E of 18.37. VC's Forward P/E has been as high as 14.33 and as low as 8.02, with a median of 10.34, all within the past year.
We should also highlight that VC has a P/B ratio of 2.27. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 4.15. Over the past year, VC's P/B has been as high as 2.34 and as low as 1.31, with a median of 1.87.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Visteon is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, VC feels like a great value stock at the moment.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Vistra Corp. (VST - Free Report) .
Vistra currently has an average brokerage recommendation (ABR) of 1.12, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 17 brokerage firms. An ABR of 1.12 approximates between Strong Buy and Buy.
Of the 17 recommendations that derive the current ABR, 16 are Strong Buy, representing 94.1% of all recommendations.
Brokerage Recommendation Trends for VST
Check price target & stock forecast for Vistra here>>>
The ABR suggests buying Vistra, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.
Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations.
In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement.
With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision.
Zacks Rank Should Not Be Confused With ABRIn spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures.
The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them.
In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research.
Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns.
There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices.
Should You Invest in VST?Looking at the earnings estimate revisions for Vistra, the Zacks Consensus Estimate for the current year has increased 2.3% over the past month to $9.53.
Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason for the stock to soar in the near term.
The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #1 (Strong Buy) for Vistra. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Therefore, the Buy-equivalent ABR for Vistra may serve as a useful guide for investors.
Analysts on Wall Street project that SEI Investments (SEIC - Free Report) will announce quarterly earnings of $1.45 per share in its forthcoming report, representing a decline of 18.5% year over year. Revenues are projected to reach $637.92 million, increasing 14% from the same quarter last year.
Over the last 30 days, there has been an upward revision of 3.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Given this perspective, it's time to examine the average forecasts of specific SEI metrics that are routinely monitored and predicted by Wall Street analysts.
The combined assessment of analysts suggests that 'Revenue- Asset management, administration and distribution fees' will likely reach $506.94 million. The estimate indicates a year-over-year change of +15.9%.
The consensus estimate for 'Revenue- Information processing and software servicing fees' stands at $128.71 million. The estimate indicates a change of +5.5% from the prior-year quarter.
The consensus among analysts is that 'Revenue- Private Banks' will reach $152.63 million. The estimate indicates a change of +7.9% from the prior-year quarter.
Based on the collective assessment of analysts, 'Revenue- Investments in New Business' should arrive at $8.06 million. The estimate suggests a change of -51.3% year over year.
The collective assessment of analysts points to an estimated 'Assets under management - Investments in New Business' of $3.37 billion. The estimate compares to the year-ago value of $3.11 billion.
According to the collective judgment of analysts, 'Assets under management - Investment Advisors' should come in at $105.62 billion. Compared to the current estimate, the company reported $84.08 billion in the same quarter of the previous year.
It is projected by analysts that the 'Assets under management - Private Banks' will reach $33.24 billion. The estimate is in contrast to the year-ago figure of $30.64 billion.
The average prediction of analysts places 'Assets under management - Institutional Investors' at $88.21 billion. Compared to the present estimate, the company reported $81.88 billion in the same quarter last year.
Analysts expect 'Assets under management - LSV - Equity and Fixed Income programs' to come in at $103.76 billion. Compared to the present estimate, the company reported $91.80 billion in the same quarter last year.
Analysts forecast 'Assets under management - Investment Managers' to reach $255.24 billion. The estimate compares to the year-ago value of $226.00 billion.
Analysts predict that the 'Client assets under administration - Investment Managers' will reach 1,341,534 . Compared to the present estimate, the company reported 1,128,325 in the same quarter last year.
Analysts' assessment points toward 'Client assets under administration - Private Banks' reaching 9,420 . Compared to the present estimate, the company reported 8,431 in the same quarter last year.
View all Key Company Metrics for SEI here>>>
Shares of SEI have demonstrated returns of +9.8% over the past month compared to the Zacks S&P 500 composite's -0.6% change. With a Zacks Rank #2 (Buy), SEIC is expected to beat the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
SAN DIMAS, Calif.--(BUSINESS WIRE)--American States Water Company (NYSE:AWR) announced today that the company intends to release its second quarter ended June 30, 2026 financial results after the market closes on Wednesday, August 5, 2026. Robert Sprowls, president and chief executive officer, and Eva Tang, senior vice president-finance and chief financial officer, will host a conference call to discuss these results at 2:00 p.m. Eastern Time (11:00 a.m. Pacific Time) on Thursday, August 6. The.
Key Takeaways CDW continues acquisitions and capital allocation to support long-term growth and shareholder returns.CDW returned $282 million to shareholders in Q1 2026 through buybacks and dividends.CDW expects Geared for Growth to deliver $100M-$200M annual run-rate improvements by 2027-2028. CDW Corporation (CDW - Free Report) continues to execute a disciplined capital allocation strategy focused on supporting long-term growth while returning capital to shareholders. The company supplements organic growth through acquisitions that expand its capabilities across key technology areas. Previous acquisitions, including Mission Cloud Services, Enquizit, Sirius Computer Solutions and Lexicon Tech Solutions, have strengthened CDW's cloud, managed services and lifecycle offerings, enabling it to address evolving customer priorities. On the last earnings call, management stated that it continues to evaluate merger and acquisition opportunities that can accelerate its three-part growth strategy while maintaining flexibility within its capital structure.
The company also continues to generate strong cash flow that supports its shareholder-return strategy. During the first quarter of 2026, CDW generated adjusted free cash flow of $251 million, representing 85% of non-GAAP net income and remaining within its long-term objective of converting 80% to 90% of non-GAAP net income into cash. The company utilized this cash in line with its 2026 capital allocation objectives by returning $201 million through share repurchases and $81 million through dividends, bringing total capital returned to shareholders to $282 million, or 112% of adjusted free cash flow during the quarter.
Management remains committed to maintaining net leverage within its targeted range of 2x to 3x while proactively managing liquidity. At the end of the first quarter, net leverage was 2.5x, within the company's target range. CDW also reiterated that dividend growth remains its first capital allocation priority, targeting a payout ratio of approximately 25% of non-GAAP net income, while share repurchases and acquisitions continue to serve as important drivers of shareholder value.
In addition to its capital deployment strategy, CDW expects productivity initiatives under its Geared for Growth program to begin contributing benefits in the second half of 2026. The multi-year initiative is designed to simplify operations, modernize processes and embed AI across the business. Management has identified expected annual run-rate improvements of $100 million to $200 million through 2027 and 2028, with a portion of the savings being reinvested to support the company's broader growth strategy and future investment capacity. Separately, in May 2026, CDW's board authorized an additional $1 billion for share repurchases, increasing the company's remaining buyback authorization as of March 31, 2026, to approximately $1.48 billion subject to future board approvals.
Taking a Look at CDW’s CompetitorsTD SYNNEX Corporation (SNX - Free Report) maintains a balanced capital allocation strategy through shareholder returns while supporting business growth. In fiscal 2025, the company returned $742 million to shareholders, including $596 million through share repurchases and $146 million in dividends. In the second quarter of fiscal 2026, it returned $151 million, comprising $112 million of share buybacks and $39 million of dividends. During the first half of fiscal 2026, TD SYNNEX repurchased $192 million of shares and paid $77 million in dividends. The company stated that this shareholder return policy reflects its financial strength and expectations of generating sufficient earnings and distributable cash flows.
Accenture plc (ACN - Free Report) follows a disciplined capital allocation strategy, balancing acquisitions, investments and shareholder returns. In fiscal 2025, the company invested $1.5 billion across 23 acquisitions, including Avanseus, RANGR Data, Decho and IAMConcepts, to expand capabilities across AI, data, engineering and identity and access management. At the end of the third quarter of fiscal 2026, Accenture held $10.2 billion in cash and cash equivalents against $5 billion in long-term debt, while generating $3.8 billion in operating cash flow and $3.6 billion in free cash flow. The company also maintained its consistent dividend payments, distributing $3.7 billion in fiscal 2025.
CDW Price Performance, Valuation and EstimatesShares of CDW have gained 5.2% in the past month compared with the Computers - IT Services industry’s growth of 1.7%.
Image Source: Zacks Investment Research
Valuation-wise, CDW seems attractive, as suggested by the Value Score of B. CDW trades at a forward 12-month price-to-earnings (P/E) ratio of 12.04, below the industry’s 16.94.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for CDW’s earnings for 2026 has been revised marginally upward over the past 60 days.
Image Source: Zacks Investment Research
CDW currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Wall Street expects a year-over-year decline in earnings on higher revenues when Mirion Technologies, Inc. (MIR - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 28. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis company is expected to post quarterly earnings of $0.10 per share in its upcoming report, which represents a year-over-year change of -9.1%.
Revenues are expected to be $272.14 million, up 22.1% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Mirion Technologies?For Mirion Technologies, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +7.84%.
On the other hand, the stock currently carries a Zacks Rank of #4.
So, this combination makes it difficult to conclusively predict that Mirion Technologies will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Mirion Technologies would post earnings of $0.1 per share when it actually produced earnings of $0.10, delivering no surprise.
Over the last four quarters, the company has beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Mirion Technologies doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
An Industry Player's Expected ResultsAmong the stocks in the Zacks Technology Services industry, SLB (SLB - Free Report) , is soon expected to post earnings of $0.51 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of -31.1%. This quarter's revenue is expected to be $8.72 billion, up 2% from the year-ago quarter.
The consensus EPS estimate for SLB has been revised 6.5% lower over the last 30 days to the current level. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -1.35%.
This Earnings ESP, combined with its Zacks Rank #4 (Sell), makes it difficult to conclusively predict that SLB will beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
AUSTIN, Texas--(BUSINESS WIRE)--Accruent, a leading provider of solutions to unify the built environment and an operating company of Fortive (NYSE: FTV), today announced a new strategic partnership with PowerX, a telecom infrastructure intelligence company helping operators monitor and manage energy and tower performance across distributed site portfolios. Through the partnership, Accruent and PowerX will connect PowerX's AI-driven energy intelligence and data science capabilities with Accruent.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Energy Transfer LP (ET - Free Report) .
Energy Transfer LP currently has an average brokerage recommendation (ABR) of 1.26, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 19 brokerage firms. An ABR of 1.26 approximates between Strong Buy and Buy.
Of the 19 recommendations that derive the current ABR, 16 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 84.2% and 5.3% of all recommendations.
Brokerage Recommendation Trends for ET
Check price target & stock forecast for Energy Transfer LP here>>>
The ABR suggests buying Energy Transfer LP, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.
Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations.
In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement.
Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.
ABR Should Not Be Confused With Zacks RankAlthough both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether.
The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.
On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns.
Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements.
Should You Invest in ET?In terms of earnings estimate revisions for Energy Transfer LP, the Zacks Consensus Estimate for the current year has increased 0.6% over the past month to $1.43.
Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason for the stock to soar in the near term.
The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #1 (Strong Buy) for Energy Transfer LP. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Therefore, the Buy-equivalent ABR for Energy Transfer LP may serve as a useful guide for investors.
NEW YORK--(BUSINESS WIRE)--Global digital services leader TP (formerly Teleperformance) today announced it has been named a Leader in Everest Group's Healthcare CXM Intelligent Operations PEAK Matrix® Assessment, reinforcing its position as a strategic partner for healthcare organizations navigating rising complexity, regulatory demands, and growing consumer expectations. Everest Group evaluated 24 providers in this year's assessment, with TP ranked among the top performers for delivering high-.
