Progress Software (PRGS - Free Report) closed the last trading session at $39.5, gaining 42.8% 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 $50.67 indicates a 28.3% upside potential.
The mean estimate comprises six short-term price targets with a standard deviation of $16.29. While the lowest estimate of $40.00 indicates a 1.3% increase from the current price level, the most optimistic analyst expects the stock to surge 110.1% to reach $83.00. 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.
However, an impressive consensus price target is not the only factor that indicates a potential upside in PRGS. This view is strengthened by the agreement among analysts that the company will report better earnings than what they estimated earlier. Though a positive trend in earnings estimate revisions doesn't give any idea as to how much the stock could surge, it has proven effective 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.
Why PRGS Could Witness a Solid UpsideThere 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.
Over the last 30 days, the Zacks Consensus Estimate for the current year has increased 1.7%, as two estimates have moved higher compared to no negative revision.
Moreover, PRGS 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 PRGS could gain, the direction of price movement it implies does appear to be a good guide.
Two factors often determine stock prices in the long run: earnings and interest rates. Investors can't control the latter, but they can focus on a company's earnings results every quarter.
We know earnings results are vital, but how a company performs compared to bottom line expectations can be even more important when it comes to stock prices, especially in the near-term. This means that investors might want to take advantage of these earnings surprises.
The ability to identify stocks that are likely to top quarterly earnings expectations can be profitable, but it's no simple task. Here at Zacks, our Earnings ESP filter helps make things easier.
The Zacks Earnings ESP, ExplainedThe Zacks Earnings ESP is more formally known as the Expected Surprise Prediction, and it aims to grab the inside track on the latest analyst estimate revisions ahead of a company's report. The idea is relatively intuitive as a newer projection might be based on more complete information.
The core of the ESP model is comparing the Most Accurate Estimate to the Zacks Consensus Estimate, where the resulting percentage difference between the two equals the Expected Surprise Prediction. The Zacks Rank is also factored into the ESP metric to better help find companies that appear poised to top their next bottom-line consensus estimate, which will hopefully help lift the stock price.
In fact, when we combined a Zacks Rank #3 (Hold) or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time. Perhaps most importantly, using these parameters has helped produce 28.3% annual returns on average, according to our 10 year backtest.
Stocks with a #3 (Hold) ranking, which is most stocks covered at 60%, are expected to perform in-line with the broader market. But stocks that fall into the #2 (Buy) and #1 (Strong Buy) ranking, or the top 15% and top 5% of stocks, respectively, should outperform the market. Strong Buy stocks should outperform more than any other rank.
Should You Consider Capital Southwest?Now that we understand what the ESP is and how beneficial it can be, let's dive into a stock that currently fits the bill. Capital Southwest (CSWC - Free Report) earns a #3 (Hold) right now and its Most Accurate Estimate sits at $0.58 a share, just 13 days from its upcoming earnings release on August 3, 2026.
By taking the percentage difference between the $0.58 Most Accurate Estimate and the $0.55 Zacks Consensus Estimate, Capital Southwest has an Earnings ESP of +6.10%. Investors should also know that CSWC is one of a large group of stocks with positive ESPs. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
CSWC is one of just a large database of Finance stocks with positive ESPs. Another solid-looking stock is Progressive (PGR - Free Report) .
Progressive, which is readying to report earnings on October 21, 2026, sits at a Zacks Rank #3 (Hold) right now. Its Most Accurate Estimate is currently $3.65 a share, and PGR is 92 days out from its next earnings report.
For Progressive, the percentage difference between its Most Accurate Estimate and its Zacks Consensus Estimate of $3.64 is +0.40%.
CSWC and PGR's positive ESP metrics may signal that a positive earnings surprise for both stocks is on the horizon.
Find Stocks to Buy or Sell Before They're ReportedUse the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they're reported for profitable earnings season trading. Check it out here >>
The market expects KLA (KLAC - 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 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 maker of equipment for manufacturing semiconductors is expected to post quarterly earnings of $1.00 per share in its upcoming report, which represents a year-over-year change of +6.4%.
Revenues are expected to be $3.61 billion, up 13.7% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.28% 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. 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 KLA?For KLA, 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 -0.59%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that KLA 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 KLA would post earnings of $0.92 per share when it actually produced earnings of $0.94, delivering a surprise of +2.17%.
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.
KLA 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.
Logitech (LOGI - Free Report) is expected 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 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 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 maker of keyboards, webcams and other computer accessories is expected to post quarterly earnings of $1.33 per share in its upcoming report, which represents a year-over-year change of +5.6%.
Revenues are expected to be $1.2 billion, up 4.7% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 2.24% 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 Logitech?For Logitech, 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 +1.35%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Logitech 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 Logitech would post earnings of $1.1 per share when it actually produced earnings of $1.13, delivering a surprise of +2.73%.
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.
Logitech 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.
An Industry Player's Expected ResultsAnother stock from the Zacks Computer - Peripheral Equipment industry, Logitech (LOGI - Free Report) , is soon expected to post earnings of $1.33 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +5.6%. Revenues for the quarter are expected to be $1.2 billion, up 4.7% from the year-ago quarter.
The consensus EPS estimate for Logitech has been revised 2.2% higher over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +1.35%.
This Earnings ESP, combined with its Zacks Rank #3 (Hold), suggests that Logitech 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.
The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Lennox International (LII - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Construction sector should help us answer this question.
Lennox International is a member of the Construction sector. This group includes 93 individual stocks and currently holds a Zacks Sector Rank of #13. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
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. Lennox International is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for LII's full-year earnings has moved 0.8% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, LII has moved about 9.9% on a year-to-date basis. Meanwhile, stocks in the Construction group have gained about 8.1% on average. This means that Lennox International is outperforming the sector as a whole this year.
Another stock in the Construction sector, Masco (MAS - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 22.1%.
The consensus estimate for Masco's current year EPS has increased 1.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Lennox International belongs to the Building Products - Air Conditioner and Heating industry, which includes 9 individual stocks and currently sits at #48 in the Zacks Industry Rank. On average, this group has gained an average of 35.3% so far this year, meaning that LII is slightly underperforming its industry in terms of year-to-date returns.
In contrast, Masco falls under the Building Products - Miscellaneous industry. Currently, this industry has 34 stocks and is ranked #100. Since the beginning of the year, the industry has moved -0.8%.
Lennox International and Masco could continue their solid performance, so investors interested in Construction stocks should continue to pay close attention to these stocks.
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 Ulta Beauty (ULTA - Free Report) .
Ulta currently has an average brokerage recommendation (ABR) of 1.66, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 25 brokerage firms. An ABR of 1.66 approximates between Strong Buy and Buy.
Of the 25 recommendations that derive the current ABR, 17 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 68% and 4% of all recommendations.
Brokerage Recommendation Trends for ULTA
Check price target & stock forecast for Ulta here>>>
The ABR suggests buying Ulta, 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.
This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements.
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.
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.
Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed 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.
Is ULTA a Good Investment?In terms of earnings estimate revisions for Ulta, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $28.76.
Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market 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 #3 (Hold) for Ulta. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Ulta.
Okta (OKTA - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Over the past month, shares of this cloud identity management company have returned +28%, compared to the Zacks S&P 500 composite's -0.6% change. During this period, the Zacks Security industry, which Okta falls in, has gained 17.9%. The key question now is: What could be the stock's future direction?
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.
Revisions to Earnings EstimatesRather 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.
For the current quarter, Okta is expected to post earnings of $0.96 per share, indicating a change of +5.5% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.
For the current fiscal year, the consensus earnings estimate of $3.83 points to a change of +9.4% from the prior year. Over the last 30 days, this estimate has remained unchanged.
For the next fiscal year, the consensus earnings estimate of $4.29 indicates a change of +12.1% from what Okta is expected to report a year ago. Over the past month, the estimate has remained unchanged.
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, Okta is rated Zacks Rank #2 (Buy).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthEven 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.
For Okta, the consensus sales estimate for the current quarter of $792.14 million indicates a year-over-year change of +8.8%. For the current and next fiscal years, $3.2 billion and $3.5 billion estimates indicate +9.5% and +9.6% changes, respectively.
Last Reported Results and Surprise HistoryOkta reported revenues of $765 million in the last reported quarter, representing a year-over-year change of +11.2%. EPS of $0.91 for the same period compares with $0.86 a year ago.
Compared to the Zacks Consensus Estimate of $751.34 million, the reported revenues represent a surprise of +1.82%. The EPS surprise was +7.06%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
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.
Okta is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe 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 Okta. However, its Zacks Rank #2 does suggest that it may outperform the broader market in the near term.
In its upcoming report, Kinder Morgan (KMI - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.31 per share, reflecting an increase of 10.7% compared to the same period last year. Revenues are forecasted to be $4.29 billion, representing a year-over-year increase of 6.2%.
The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over 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 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.
That said, let's delve into the average estimates of some Kinder Morgan metrics that Wall Street analysts commonly model and monitor.
The consensus among analysts is that 'Realized weighted average oil price' will reach 73 dollars per barrel. The estimate compares to the year-ago value of 68 dollars per barrel.
Analysts predict that the 'Realized weighted average NGL price' will reach 36 dollars per barrel. The estimate compares to the year-ago value of 32 dollars per barrel.
The collective assessment of analysts points to an estimated 'Terminals - Liquids leasable capacity' of N/A. Compared to the present estimate, the company reported N/A in the same quarter last year.
The combined assessment of analysts suggests that 'NGL sales volumes - net' will likely reach 9.73 thousands of barrels of oil per day. Compared to the current estimate, the company reported 9.03 thousands of barrels of oil per day in the same quarter of the previous year.
Analysts expect 'Total oil production - net' to come in at 26.25 thousands of barrels of oil per day. The estimate compares to the year-ago value of 25.52 thousands of barrels of oil per day.
The average prediction of analysts places 'Terminals - Bulk transload tonnage' at 12 millions of ton. Compared to the present estimate, the company reported 13 millions of ton in the same quarter last year.
Based on the collective assessment of analysts, 'Segment EBDA- Natural gas Pipelines' should arrive at $1.43 billion. Compared to the present estimate, the company reported $1.44 billion in the same quarter last year.
Analysts forecast 'Segment EBDA- Terminals' to reach $293.64 million. The estimate compares to the year-ago value of $300.00 million.
The consensus estimate for 'Segment EBDA- Products Pipelines' stands at $305.31 million. The estimate is in contrast to the year-ago figure of $289.00 million.
It is projected by analysts that the 'Segment EBDA- CO2' will reach $189.27 million. The estimate is in contrast to the year-ago figure of $150.00 million.
View all Key Company Metrics for Kinder Morgan here>>>
Over the past month, shares of Kinder Morgan have returned +1% versus the Zacks S&P 500 composite's -0.6% change. Currently, KMI carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Is Coherent (COHR - 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.
Coherent is a member of the Business Services sector. This group includes 247 individual stocks and currently holds a Zacks Sector Rank of #6. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Coherent is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for COHR's full-year earnings has moved 15.2% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, COHR has returned 54.6% so far this year. Meanwhile, the Business Services sector has returned an average of -8.8% on a year-to-date basis. This shows that Coherent is outperforming its peers so far this year.
One other Business Services stock that has outperformed the sector so far this year is Enpro (NPO - Free Report) . The stock is up 51.6% year-to-date.
For Enpro, the consensus EPS estimate for the current year has increased 3.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Coherent belongs to the Technology Services industry, which includes 121 individual stocks and currently sits at #99 in the Zacks Industry Rank. Stocks in this group have lost about 9.1% so far this year, so COHR is performing better this group in terms of year-to-date returns. Enpro is also part of the same industry.
Investors interested in the Business Services sector may want to keep a close eye on Coherent and Enpro as they attempt to continue their solid performance.
Quarterly financial reports play a vital role on Wall Street, as they help investors see how a company has performed and what might be coming down the road in the near-term. And out of all of the metrics and results to consider, earnings is one of the most important.
Life and the stock market are both about expectations, and rising above what is expected is often rewarded, while falling short can come with negative consequences. Investors might want to try to capture stronger returns by finding positive earnings surprises.
Hunting for 'earnings whispers' or companies poised to beat their quarterly earnings estimates is a somewhat common practice. But that doesn't make it easy. One way that has been proven to work is by using the Zacks Earnings ESP tool.
The Zacks Earnings ESP, ExplainedThe Zacks Earnings ESP is more formally known as the Expected Surprise Prediction, and it aims to grab the inside track on the latest analyst estimate revisions ahead of a company's report. The idea is relatively intuitive as a newer projection might be based on more complete information.
The core of the ESP model is comparing the Most Accurate Estimate to the Zacks Consensus Estimate, where the resulting percentage difference between the two equals the Expected Surprise Prediction. The Zacks Rank is also factored into the ESP metric to better help find companies that appear poised to top their next bottom-line consensus estimate, which will hopefully help lift the stock price.
When we join a positive earnings ESP with a Zacks Rank #3 (Hold) or stronger, stocks posted a positive bottom-line surprise 70% of the time. Plus, this system saw investors produce roughly 28% annual returns on average, according to our 10 year backtest.
Most stocks, about 60%, fall into the #3 (Hold) category, and they are expected to perform in-line with the broader market. Stocks with a #2 (Buy) and #1 (Strong Buy) rating, or the top 15% and top 5% of stocks, respectively, should outperform the market, with Strong Buy stocks outperforming more than any other rank.
Should You Consider Analog Devices?The final step today is to look at a stock that meets our ESP qualifications. Analog Devices (ADI - Free Report) earns a #1 (Strong Buy) 29 days from its next quarterly earnings release on August 19, 2026, and its Most Accurate Estimate comes in at $3.41 a share.
ADI has an Earnings ESP figure of +2.37%, which, as explained above, is calculated by taking the percentage difference between the $3.41 Most Accurate Estimate and the Zacks Consensus Estimate of $3.33. Analog Devices is one of a large database of stocks with positive ESPs. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
ADI is part of a big group of Computer and Technology stocks that boast a positive ESP, and investors may want to take a look at Pinterest (PINS - Free Report) as well.
Pinterest is a Zacks Rank #3 (Hold) stock, and is getting ready to report earnings on August 4, 2026. PINS' Most Accurate Estimate sits at $0.37 a share 14 days from its next earnings release.
Pinterest's Earnings ESP figure currently stands at +1.65% after taking the percentage difference between its Most Accurate Estimate and its Zacks Consensus Estimate of $0.36.
Because both stocks hold a positive Earnings ESP, ADI and PINS could potentially post earnings beats in their next reports.
Find Stocks to Buy or Sell Before They're ReportedUse the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they're reported for profitable earnings season trading. Check it out here >>
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By Gerelyn Terzo Updated Jul 21, 11:20AM EDT · Published Jul 21, 9:46AM EDT
The Nasdaq jumped 1% as chip stocks surged and 87% of reporting S&P 500 companies beat Q2 profit estimates, while UBS lifted its 2026 target to 8,100.
TSM is testing 10% price hikes for 2027 while AMZN Business crossed $60 billion in annualized gross sales, signaling durable AI demand strength.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Amazon didn't make the cut. Grab the names FREE today.
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Nvidia (Nasdaq; NVDA) gave the AI chip trade a direct confidence check, saying its next-gen Vera Rubin platform remains on schedule for data-center deployment. The company also drew a clear performance line against a rival, saying its new Vera processor is faster than AMD’s Turin, while adding that major customers are already testing Vera Rubin hardware.
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UBS gave the rally more runway, lifting its year-end 2026 S&P 500 target to 8,100. That would put the index roughly 8.8% above current levels, suggesting the firm still sees room for stocks to climb even after the market’s YTD advance of 9.29%. The call adds to the market’s tug-of-war: investors are questioning AI spending and valuation risk, but strategists are still finding enough earnings momentum, liquidity, and megacap strength to keep raising the bar.
This article will be updated throughout the day, so check back often for more daily updates.
Dow Jones Industrial Average: 51,929 Up 0.17%
Nasdaq Composite: 25,723 Up 0.85%
S&P 500: 7,473 Up 0.41%
Market Movers Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Amazon didn't make the cut. Grab the names FREE today.
Gerelyn Terzo is the author of dividend investing handbook "Dividend Investing Strategies: How to Have Your Cake & Eat It Too." A veteran financial journalist, she covers agri-finance for outlets like Global AgInvesting and the broader stock market and personal finance for 24/7 Wall Street. She began at CNBC and later helped launch Fox Business in New York. Gerelyn currently resides in Woodland Park, Colorado and dabbles in nature photography as a hobby.
V roce 2013 byla nezaměstnanost v USA nad 7 %. Inflace se pohybovala kolem 1,5 %. Rozvaha americké centrální banky v poměru k produktu byla asi na 21 %. Ale kdyby tehdy vrcholný zástupce Fedu řekl, že se spokojí s inflací u 3 %, zvedla by se hodně pravděpodobně velká vlna odporu. My si dnes i v této souvislosti povíme o tom, jak vrtkavé a nelogické jsou někdy dominantní příběhy na trzích.
Rozvaha Fedu v poměru k produktu je nyní podobně velká jako v roce 2013, inflace je již řadu let výrazně nad inflačním cílem. Nezaměstnanost je jen něco nad 4 %. Nový předseda Fedu dal přitom najevo, že inflaci nepovažuje za takový problém, pokud bude začínat dvojkou. Tedy pokud nedosáhne třech, či více procent. Jak jsem naznačil výše, můžeme zauvažovat o tom, co by se stalo, kdyby něco takového řekl Ben Bernanke. V mnohem méně inflační době. V době, kdy byla nezaměstnanost výrazně výš. Odhadoval bych, že by se tenkrát strhla mela. Proč ten rozdíl?
Možná „jen“ proto, že tehdy byla investiční, politická a asi i širší veřejnost přikloněna k jestřábovosti. Dominoval jiný příběh než dnes, i když dnes by na základě současných dat a zkušeností byl zřeba mnohem více namístě. Jenže nyní máme jiné příběhy. A trhy tak například interpretují postoje pana Warshe, včetně jeho prezentovaného pohledu na „neformální“ inflační cíl, jako jestřábí. Docela paradox.
Mezi lidem tak někdy kolují docela dobré příběhy a teorie, ale ve špatnou dobu. Výše uvedené může možná být jedním příkladem, druhým příkladem příběhu kolujícího ve špatnou dobu a nekolujícího v dobrou by mohlo být tzv. vytěsňování soukromých investic vládními dluhy. To byl docela populární koncept před pár desítkami let. Tedy v době, o které se podle mne dá docela přesvědčivě tvrdit, že tehdy šlo jen o teorii (někdy využívanou k politickým cílům). Nyní o tuto tezi a koncept v podstatě nezavadíme a to ani na jedné části politického spektra v USA, ani jinde. A to si vezměme následující:
Byl nastartován mohutný investiční boom související s AI, který do sebe začíná nasávat velký objem akciového i dluhového kapitálu. Ve stejnou dobu (a v době relativně silného ekonomického růstu) americká vláda dosahuje mimořádně vysokých rozpočtových deficitů, dluhová trajektorie není zrovna uklidňující. Samozřejmě můžeme spekulovat o tom, že AI tuto dluhovou trajektorii nakonec výrazně změní (tématu jsem se detailně věnoval před časem). Moje dnešní pointa je ale i tak taková, že pokud se někdy mělo hovořit o vytěsňování, bylo by to nyní. Stejně jako když se za posledních pár desítek let mělo hovořit o ohrožení nezávislosti Fedu a nepatřičně nastavené monetární politice (kvalitativní, kvantitativní i verbální), bylo by to možná hlavně nyní.
Podotýkám, že nejsem žádným fanouškem zkázopravectví jakéhokoliv druhu. A občas tu poukazuju na podle mě celkem přepálené úvahy o tom, kde se co má zhroutit (zkázopravecké úvahy se sice čas od času „potvrdí“, ale spíše tím, že i rozbité hodiny mají dvakrát denně pravdu). Nyní také neříkám, že je namístě nějak propadat dluhově - monetární skepsi*. Určitá témata jsou ale na druhou stranu podle mne docela opomíjena, zatímco v době jejich irelevance byla naopak často probírána.
*Mimochodem, často se mluví o tom, že jedním z řešení dluhů ve vysoká inflace. V kontextu dnešní úvahy bychom mohli říci, že „dluhovou nezodpovědnost vyřeší nezodpovědnost monetární“. Je ale dobré mít na paměti klíčový poměr tempa růstu ekonomiky a výše sazeb. Respektive výnosů z dluhopisů. Pro udržitelnost a nějaké narovnání míry zadlužení je totiž klíčový právě on. A nemusí ani zdaleka platit, že by byl lepší v prostředí dlouhodobě vyšší inflace.
Investors interested in Medical stocks should always be looking to find the best-performing companies in the group. Is DexCom (DXCM - 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.
DexCom is one of 914 companies in the Medical group. The Medical group currently sits at #9 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
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. DexCom is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for DXCM's full-year earnings has moved 3.5% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, DXCM has moved about 14% on a year-to-date basis. Meanwhile, the Medical sector has returned an average of -1.4% on a year-to-date basis. As we can see, DexCom is performing better than its sector in the calendar year.
Adaptive Biotechnologies (ADPT - Free Report) is another Medical stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 34.6%.
In Adaptive Biotechnologies' case, the consensus EPS estimate for the current year increased 6% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, DexCom belongs to the Medical - Instruments industry, a group that includes 77 individual companies and currently sits at #178 in the Zacks Industry Rank. On average, this group has lost an average of 16.4% so far this year, meaning that DXCM is performing better in terms of year-to-date returns.
In contrast, Adaptive Biotechnologies falls under the Medical - Biomedical and Genetics industry. Currently, this industry has 438 stocks and is ranked #98. Since the beginning of the year, the industry has moved +0.6%.
DexCom and Adaptive Biotechnologies could continue their solid performance, so investors interested in Medical stocks should continue to pay close attention to these stocks.
Expansions at the company's Tognana, Italy, technology campus support growing worldwide demand for advanced thermal infrastructure and strengthen Vertiv's cooling innovation capabilities
, /PRNewswire/ -- Vertiv (NYSE: VRT), a global leader in critical digital infrastructure, today announced investments at its Tognana campus near Padua, Italy, to expand manufacturing and integrated testing capabilities for data center cooling systems. The company expects the investments to double chiller production capacity in the region by the end of 2026 and plans to complete a new large-scale testing laboratory in early 2027, supporting growing demand for AI and high-density computing infrastructure.
Vertiv expects to double regional chiller manufacturing capacity with the expansion of its Tognana, Italy facility. The new laboratory will enable testing of large-scale chillers and validate their integration with liquid cooling systems under high-density load conditions and extreme temperature ranges. The expanded capability is intended to help customers validate thermal performance under expected site conditions and deploy increasingly complex cooling systems with greater speed and confidence.
"AI is driving thermal demands that didn't exist two years ago, with higher densities, faster deployment demands, and no room to compromise on reliability," said Gio Albertazzi, CEO of Vertiv. "The expansion at Tognana puts us further ahead with more manufacturing capacity, integrated testing, and advanced thermal management systems built for current and future generations of silicon. This investment reinforces our position at the front of the curve."
The campus serves as one of Vertiv's principal centers for cooling technology development, integrating research and development, product management, manufacturing, testing, and customer engagement. The site includes a Customer Experience Center where customers and consultants can participate in witness testing of a broad range of cooling technologies across the thermal chain under real-world operating conditions.
For more information on Vertiv's leading portfolio of power and thermal management, infrastructure solutions, IT systems, and services for critical digital applications, visit Vertiv.com.
About Vertiv
Vertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to enable its customers' vital applications to run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today's data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Headquartered in Westerville, Ohio, USA, Vertiv does business in more than 130 countries. For more information, and for the latest news and content from Vertiv, visit Vertiv.com.
Forward-looking statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27 of the Securities Act, and Section 21E of the Securities Exchange Act. These statements are only a prediction. Actual events or results may differ materially from those in the forward-looking statements set forth herein. Readers are referred to Vertiv's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q for a discussion of these and other important risk factors concerning Vertiv and its operations. Vertiv is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
Ally Financial (ALLY - Free Report) came out with quarterly earnings of $1.21 per share, missing the Zacks Consensus Estimate of $1.25 per share. This compares to earnings of $0.99 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -3.20%. A quarter ago, it was expected that this auto finance company and bank would post earnings of $0.93 per share when it actually produced earnings of $1.11, delivering a surprise of +19.35%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Ally Financial, which belongs to the Zacks Financial - Consumer Loans industry, posted revenues of $2.29 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 3.44%. This compares to year-ago revenues of $2.08 billion. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Ally Financial shares have added about 0.5% since the beginning of the year versus the S&P 500's gain of 8.7%.
What's Next for Ally Financial?While Ally Financial has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Ally Financial was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.46 on $2.3 billion in revenues for the coming quarter and $5.32 on $8.84 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Consumer Loans is currently in the bottom 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Navient (NAVI - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 6.
This student loan servicing company is expected to post quarterly earnings of $0.19 per share in its upcoming report, which represents a year-over-year change of -9.5%. The consensus EPS estimate for the quarter has been revised 18.2% lower over the last 30 days to the current level.
Navient's revenues are expected to be $129.07 million, down 1.5% from the year-ago quarter.
For the quarter ended June 2026, Ally Financial (ALLY - Free Report) reported revenue of $2.29 billion, up 9.8% over the same period last year. EPS came in at $1.21, compared to $0.99 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $2.21 billion, representing a surprise of +3.44%. The company delivered an EPS surprise of -3.2%, with the consensus EPS estimate being $1.25.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Ally Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net charge-offs to average finance receivables and loans outstanding: 1.1% versus 1.1% estimated by two analysts on average.Net interest margin (as reported): 3.6% versus 3.6% estimated by two analysts on average.Book value per share: $44.38 compared to the $44.57 average estimate based on two analysts.Total interest-earning assets (Average Balances): $188.42 billion compared to the $188.61 billion average estimate based on two analysts.Efficiency Ratio: 57.7% versus the two-analyst average estimate of 53.6%.Net financing revenue: $1.68 billion compared to the $1.67 billion average estimate based on two analysts. The reported number represents a change of +11.1% year over year.Insurance premiums and service revenue earned: $368 million compared to the $367.83 million average estimate based on two analysts. The reported number represents a change of +2.5% year over year.Total other revenue: $602 million versus $554.76 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +6.4% change.View all Key Company Metrics for Ally Financial here>>>
Shares of Ally Financial have returned -0.1% 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.
MarketBeat Week in Review – 05/11 - 05/15Ally Financial NYSE: ALLY reported higher second-quarter 2026 earnings and revenue, with management pointing to expanding margins, growth in retail auto and corporate finance assets, and stronger capital flexibility as evidence that its strategic repositioning is gaining traction.
Chief Executive Officer Michael Rhodes said the company’s “strategic choices” are creating “a franchise with meaningfully greater earnings power,” citing margin expansion, operating performance and increased capital returns. For the quarter, Ally reported adjusted earnings per share of $1.21, up 22% from a year earlier, while core return on tangible common equity rose to 11.8%.
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Ally Financial Is Back to Basics—And Investors Are WatchingAdjusted net revenue was $2.3 billion, up 10% year over year. Net interest margin, excluding original issue discount, improved 11 basis points sequentially to 3.63%. Rhodes said retail auto and corporate finance assets grew nearly $8 billion from the prior year, an 8% increase.
Auto Finance Originations Rise as Applications Hit Record Ally’s Dealer Financial Services segment continued to be a major driver of growth. Rhodes said auto finance applications reached a record 4.6 million, up 17% year over year, supporting $13.3 billion of originations, a 21% increase from the prior-year period.
Top 5 MarketRank™ Stocks Backed by Analysts and Big InstitutionsThe company said retail origination yield was 9.1%, with 47% of originations in the S tier. Chief Financial Officer Russ Hutchinson said the higher S-tier mix reflected normal seasonal trends, a measured credit posture and a higher-quality application mix. He cautioned analysts not to read too much into a single quarter’s mix, noting that Ally expects S-tier originations to decline modestly from second-quarter levels and settle in the low- to mid-40% range over time.
Hutchinson said approval and pull-through rates remained consistent with prior quarters, while stronger application volume widened the “top of the funnel” and gave Ally more opportunities for accretive growth. He said the company expects year-over-year growth rates in auto originations to moderate in the second half of the year.
In response to analyst questions about credit trends, Hutchinson said Ally was pleased with first-half retail auto credit performance, supported by low flow-to-loss rates and used vehicle prices. However, he said delinquencies remain “stubbornly high,” and management continues to monitor affordability pressures, gas prices, used values and flow-to-loss rates.
Retail auto net charge-offs were 157 basis points, down 40 basis points from the prior quarter and down 18 basis points year over year, marking a sixth consecutive quarter of year-over-year improvement. Thirty-plus day all-in delinquencies were 4.8%, down eight basis points from a year earlier.
Deposit Costs Help Drive Margin Expansion Hutchinson said net financing revenue, excluding original issue discount, was $1.7 billion, up 11% year over year, supported by balance sheet growth in core portfolios and lower funding costs. Adjusted other revenue rose $42 million year over year to $573 million, with contributions from insurance, SmartAuction and pass-through programs.
On the funding side, Ally said cost of funds fell 12 basis points from the prior quarter, driven by disciplined deposit pricing actions. Retail deposit balances ended the period at $144 billion, down $2.6 billion sequentially due to seasonal tax outflows, but deposits represented 87% of total funding.
The company said it now serves 3.6 million digital bank customers, up 7% year over year, marking its 69th consecutive quarter of customer growth. Rhodes said nearly 70% of new accounts come from millennials and younger consumers, typically starting with average balances just under $10,000 and growing over time.
Hutchinson said Ally reduced liquid deposit pricing by 20 basis points during the quarter and reached a cumulative liquid deposit beta of 69%. He said the company still expects to achieve a sustainable net interest margin in the “upper threes” over time, supported by accretive asset growth and efficient funding sources.
Corporate Finance Delivers Record Pre-Tax Income Ally’s Corporate Finance business delivered record pre-tax earnings and a 32% return on equity. Rhodes said the portfolio ended the quarter at $13.7 billion, up 25% from the prior year, supported by strong client demand and disciplined growth.
Hutchinson said credit in the Corporate Finance portfolio remained strong, with non-accrual loans at historic lows. During the quarter, Ally resolved a corporate finance exposure that had been in non-accrual status since 2018. The company recorded a profit-and-loss benefit because specific reserves exceeded the loss on the exposure.
Asked about the credit, Hutchinson said the loan was made in 2015 in a vertical where Ally no longer operates. Rhodes added that the company does not have additional loans like that in the portfolio and said the handling of the loan showed the team’s effectiveness in working out credits and its conservative reserving approach.
Insurance also contributed to diversified revenue. Written premiums were $382 million, up 9% year over year, while core pre-tax income was $24 million, up $26 million from the prior year.
Capital Returns Continue as CET1 Improves Ally’s common equity Tier 1 ratio was 10.1%, up about 20 basis points from a year earlier. Hutchinson said the company completed its fifth credit risk transfer transaction during the quarter, generating about 20 basis points of CET1 at execution.
The company also issued $1 billion of preferred stock at a 7.1% coupon and used the proceeds to support redemption of its Series B preferred stock ahead of its reset. Ally executed $148 million of share repurchases during the quarter and said it has repurchased nearly $300 million of shares year to date. It also announced a third-quarter dividend of $0.30 per share, consistent with the prior quarter.
Hutchinson said Ally is positioned to pursue what he described as a story of “and, not or” — supporting growth in core portfolios while also returning capital to shareholders. He said share repurchases are effectively a “plug” after the company funds accretive business growth and dividends.
Guidance Updated for Asset Growth and Credit Ally updated parts of its 2026 outlook. The company now expects average earning assets to rise 3% to 5%, compared with a prior outlook of 2% to 4%, reflecting stronger consumer auto originations and continued momentum in Corporate Finance.
The company tightened its consolidated net charge-off outlook to 1.2% to 1.3%, compared with the earlier range of 1.2% to 1.4%. Hutchinson said Ally remains comfortable with the midpoint of its retail auto net charge-off guide of 1.8% to 2%.
Ally maintained its full-year net interest margin guidance of 3.6% to 3.7%, with the potential to exit the year above the high end of the range. Hutchinson said the timing and magnitude of potential rate actions could influence margin in a given period, but management remains confident in the full-year guide.
Rhodes closed the call by saying the quarter showed progress on Ally’s stated path to higher returns, including lower auto losses, higher net interest margin, and disciplined expense and capital management. “This is a fundamentally different Ally,” he said, adding that the company sees a path to continued improvement.
About Ally Financial (NYSE:ALLY)Ally Financial Inc is a leading digital financial services company headquartered in Detroit, Michigan. The company offers a comprehensive suite of banking, lending, and insurance products designed for retail and commercial customers. Through its online-only platform, Ally Bank provides checking and savings accounts, certificates of deposit, money market accounts, and home mortgages, emphasizing competitive rates and user-friendly mobile and web experiences.
In addition to its banking operations, Ally Financial is a major player in automotive financing and leasing.
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 Ally Financial Right Now?Before you consider Ally Financial, you'll want to hear this.
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Teleflex Incorporated (NYSE: TFX) has been awarded a national group purchasing agreement for central venous access products with Premier, Inc. Effective July 1
In its upcoming report, Baker Hughes (BKR - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.51 per share, reflecting a decline of 19.1% compared to the same period last year. Revenues are forecasted to be $6.49 billion, representing a year-over-year decrease of 6.1%.
The consensus EPS estimate for the quarter has undergone a downward revision of 2.5% 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 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.
With that in mind, let's delve into the average projections of some Baker Hughes metrics that are commonly tracked and projected by analysts on Wall Street.
The combined assessment of analysts suggests that 'Revenue- Oilfield Services & Equipment' will likely reach $3.23 billion. The estimate indicates a change of -10.7% from the prior-year quarter.
Analysts expect 'Revenue- Industrial & Energy Technology' to come in at $3.26 billion. The estimate points to a change of -1.1% from the year-ago quarter.
It is projected by analysts that the 'Revenue- Gas Technology Services' will reach $820.21 million. The estimate suggests a change of +9.1% year over year.
The consensus among analysts is that 'Revenue- Climate Technology Solutions' will reach $216.18 million. The estimate indicates a year-over-year change of +38.6%.
According to the collective judgment of analysts, 'Revenue- Oilfield Services & Equipment- North America' should come in at $936.27 million. The estimate indicates a change of +0.9% from the prior-year quarter.
Analysts forecast 'Revenue- Oilfield Services & Equipment- International' to reach $2.29 billion. The estimate indicates a year-over-year change of -14.9%.
The collective assessment of analysts points to an estimated 'Revenue- Oilfield Services & Equipment- International- Middle East/Asia' of $1.09 billion. The estimate points to a change of -22.1% from the year-ago quarter.
The average prediction of analysts places 'Revenue- Oilfield Services & Equipment- International- Europe/CIS/Sub-Saharan Africa' at $567.14 million. The estimate suggests a change of -13.2% year over year.
Analysts' assessment points toward 'Orders - Industrial & Energy Technology - Gas Technology Services' reaching $918.38 million. The estimate compares to the year-ago value of $986.00 million.
Analysts predict that the 'Orders - Climate Technology Solutions' will reach $292.21 million. The estimate is in contrast to the year-ago figure of $923.00 million.
Based on the collective assessment of analysts, 'Orders - Industrial & Energy Technology' should arrive at $3.66 billion. The estimate is in contrast to the year-ago figure of $3.53 billion.
The consensus estimate for 'Orders - Industrial & Energy Technology - Gas Technology Equipment' stands at $1.64 billion. The estimate is in contrast to the year-ago figure of $781.00 million.
View all Key Company Metrics for Baker Hughes here>>>
Over the past month, shares of Baker Hughes have returned -6.8% versus the Zacks S&P 500 composite's -0.6% change. Currently, BKR carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
PALO ALTO, Calif.--(BUSINESS WIRE)--Intapp, Inc., (NASDAQ: INTA), the leading governed AI platform for professional firms in highly regulated industries, will report fiscal fourth quarter and fiscal year 2026 financial results after the market close on August 4, 2026. On that day, management will host a webcast at 5 p.m. ET to discuss the company's business and financial results. Investors and other interested parties can access the webcast as follows: What: Intapp fiscal fourth quarter and fis.
Recognition Highlights Company's Strong Employee Experience and Continued Commitment to Powering Social Impact
, /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading provider of AI-powered solutions for social impact, has been named to TIME America's Best Companies of 2026. The recognition reflects Blackbaud's ongoing commitment to fostering a purpose-driven culture, delivering innovative AI-driven technology, and creating meaningful impact for its customers, employees and communities.
"Blackbaud is driven by a powerful purpose to equip the people and organizations who change the world, delivering against our commitments with AI tools that help unleash the best results," said Margaret "Maggie" Driscoll, chief people and culture officer, Blackbaud. "Being recognized on TIME's list of America's Best Companies is a testament to our employees and the passion they bring to their work every day to support our social impact customers around the globe. We're proud to foster a culture that prioritizes wellbeing, flexibility and connection, empowering our teams to do their best work while making a difference."
To identify the top-performing companies in the U.S., TIME partnered with Statista to evaluate and rank the most prominent firms in the country based on employee satisfaction, financial performance, and sustainability transparency. Both public companies and private companies that report their financial and sustainability data were considered. The top 1,000 companies were named to America's Best Companies of 2026.
Blackbaud continues to prioritize a people-first culture and a remote-flexible workforce approach designed to support employee wellbeing and productivity. Internally, Blackbaud is equipping employees with the latest AI tools and education to fundamentally transform what's possible for the company and its ability to deliver stronger outcomes for customers. Blackbaud is building the trusted AI engine for social impact to help organizations achieve more for their missions, and making sure the sector as a whole is able to adopt AI effectively and responsibly by convening the AI Coalition for Social Impact.
This latest recognition adds to Blackbaud's growing list of accolades highlighting its leadership in workplace culture, sustainability and AI-first innovation.
To learn more about Blackbaud's culture and career opportunities, visit careers.blackbaud.com.
About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world's leading provider of AI-powered solutions for social impact. Serving nonprofits, educational institutions, companies committed to corporate social responsibility, and individual change makers, Blackbaud propels impact at scale with the sector's most intelligent solutions for fundraising and engagement, education solutions, financial management and CSR and grantmaking. With the deepest expertise powered by the world's largest philanthropic data set, the most connected workflows, and the most powerful impact network, Blackbaud's solutions are building a future where resources are unleashed at the speed of need. Blackbaud has been recognized by Fast Company, Newsweek, Quartz, Forbes and more for AI innovation, responsible leadership and workplace excellence. Blackbaud has operations in the United States, Australia, Canada, Costa Rica, India and the United Kingdom, supporting users in 100+ countries. Learn more at www.blackbaud.com or follow us on X/Twitter, LinkedIn, Instagram and Facebook.
Media Inquiries
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Forward-looking Statements
Except for historical information, all of the statements, expectations and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC's website at www.sec.gov or upon request from Blackbaud's investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.
Quanta Services, Inc. PWR is strengthening its competitive position by focusing on execution certainty as customers undertake increasingly large and complex infrastructure projects. Utilities are expanding capital programs to meet growing electricity demand, while technology customers require faster project delivery at scale.
Wall Street analysts forecast that Old Republic International (ORI - Free Report) will report quarterly earnings of $0.77 per share in its upcoming release, pointing to a year-over-year decline of 7.2%. It is anticipated that revenues will amount to $2.38 billion, exhibiting an increase of 7.2% compared to the year-ago quarter.
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.
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 use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Old Republic metrics that are routinely monitored and predicted by Wall Street analysts.
The consensus among analysts is that 'Operating Revenue- Specialty Insurance Segment- Net premiums earned' will reach $1.38 billion. The estimate indicates a change of +6.4% from the prior-year quarter.
Analysts predict that the 'Operating Revenue- Specialty Insurance Segment- Net investment income' will reach $158.34 million. The estimate indicates a year-over-year change of +5.6%.
Based on the collective assessment of analysts, 'Operating Revenue- Specialty Insurance Segment- Other income' should arrive at $50.89 million. The estimate indicates a change of +3.2% from the prior-year quarter.
The combined assessment of analysts suggests that 'Operating Revenue- Corporate & Other' will likely reach $5.90 million. The estimate points to a change of -10.6% from the year-ago quarter.
The average prediction of analysts places 'Operating Revenue- Title Insurance Segment- Net investment income' at $17.79 million. The estimate indicates a change of +2.8% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Operating Revenue- Specialty Insurance Segment' of $1.59 billion. The estimate points to a change of +6.3% from the year-ago quarter.
Analysts forecast 'Operating Revenue- Title Insurance Segment' to reach $782.15 million. The estimate indicates a year-over-year change of +9.4%.
According to the collective judgment of analysts, 'Specialty Insurance Segment - Loss Ratio' should come in at 64.7%. The estimate is in contrast to the year-ago figure of 62.5%.
The consensus estimate for 'Specialty Insurance Segment - Expense Ratio' stands at 29.9%. The estimate compares to the year-ago value of 28.2%.
Analysts expect 'Title Insurance Segment - Combined Ratio' to come in at 98.9%. The estimate compares to the year-ago value of 99.0%.
It is projected by analysts that the 'Title Insurance Segment - Expense Ratio' will reach 96.0%. The estimate is in contrast to the year-ago figure of 96.1%.
Analysts' assessment points toward 'Specialty Insurance Segment - Combined Ratio' reaching 94.6%. The estimate compares to the year-ago value of 90.7%.
View all Key Company Metrics for Old Republic here>>>
Over the past month, Old Republic shares have recorded returns of +8% versus the Zacks S&P 500 composite's -0.6% change. Based on its Zacks Rank #3 (Hold), ORI will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Arista Networks (ANET - 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 cloud networking company have returned -3% over the past month versus the Zacks S&P 500 composite's -0.6% change. The Zacks Internet - Software industry, to which Arista Networks belongs, has gained 8.8% 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.
For the current quarter, Arista Networks is expected to post earnings of $0.89 per share, indicating a change of +21.9% from the year-ago quarter. The Zacks Consensus Estimate has changed +0.5% over the last 30 days.
The consensus earnings estimate of $3.64 for the current fiscal year indicates a year-over-year change of +22.2%. This estimate has changed +0.3% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $4.39 indicates a change of +20.6% from what Arista Networks is expected to report a year ago. Over the past month, the estimate has changed +0.2%.
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, Arista Networks is rated Zacks Rank #2 (Buy).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
In the case of Arista Networks, the consensus sales estimate of $2.83 billion for the current quarter points to a year-over-year change of +28.5%. The $11.59 billion and $14.09 billion estimates for the current and next fiscal years indicate changes of +28.7% and +21.6%, respectively.
Last Reported Results and Surprise HistoryArista Networks reported revenues of $2.71 billion in the last reported quarter, representing a year-over-year change of +35.1%. EPS of $0.87 for the same period compares with $0.65 a year ago.
Compared to the Zacks Consensus Estimate of $2.62 billion, the reported revenues represent a surprise of +3.48%. The EPS surprise was +7.41%.
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.
Arista Networks is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe 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 Arista Networks. However, its Zacks Rank #2 does suggest that it may outperform the broader market in the near term.
Software stocks are heading into this earnings season from a position of strength. Businesses continue to invest heavily in digital transformation, while artificial intelligence (AI) is shifting from an experimental technology to a core business tool. Companies are increasingly seeing tangible benefits from generative AI and the emerging wave of agentic AI. At the same time, software-as-a-service (SaaS), cloud computing, hybrid work and digital payment solutions remain powerful long-term growth drivers.
This favorable backdrop suggests that software companies with strong execution and AI exposure could once again outperform analysts’ expectations. Against this setting, Unity Software (U - Free Report) , HubSpot (HUBS - Free Report) , Arista Networks (ANET - Free Report) and Block (XYZ - Free Report) stand out as companies with the potential to deliver earnings beats.
What’s Going in Favor of Software Stocks?The current earnings season is expected to highlight the continued strength of AI-driven software spending. Businesses are increasingly adopting solutions such as voice recognition, telehealth platforms, learning management systems, infrastructure monitoring software and spend management tools. Collaboration platforms, communication software and online education services are also seeing steady demand as workplaces and learning environments continue to evolve.
Cloud adoption remains one of the industry's biggest growth engines. The rapid expansion of IoT devices, augmented and virtual reality applications, and the rollout of 5G networks are creating greater demand for cloud-based software. At the same time, businesses continue investing in collaboration platforms, remote desktop solutions, natural language processing tools and productivity software, supporting healthy industry-wide growth.
Cybersecurity is another major tailwind. As cyberattacks become more frequent and sophisticated, companies are allocating larger budgets toward cloud-native security solutions. Businesses are also replacing traditional hardware-heavy infrastructure with software-defined systems that offer greater flexibility, scalability and lower operating costs.
Another positive trend is the industry's shift toward customer-centric software platforms. Modern software solutions require less manual support from vendors while giving customers greater control over their operations. Flexible pay-as-you-go pricing allows companies to scale usage as needed, while subscription-based business models generate predictable recurring revenues for software providers. SaaS platforms also remain affordable for small and medium-sized businesses, expanding the industry's addressable market.
How to Identify Potential Outperformers?With the presence of several industry participants, finding the right software stocks with the potential to beat on earnings can be daunting. However, our proprietary methodology makes this task simple.
You could narrow down your choices by looking at stocks that have the perfect combination of two key elements — a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold).
Earnings ESP is our proprietary methodology for determining stocks that have the maximum chances of beating estimates in their next earnings announcement. It is the percentage difference between the Most Accurate Estimate and the Zacks Consensus Estimate. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Our research shows that for stocks with this favorable mix of ingredients, the odds of a positive earnings surprise are as high as 70%.
Top PicksUnity Software will report second-quarter 2026 results on Aug. 6. The company sports a Zacks Rank #1 and has an Earnings ESP of +2.74%. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for second-quarter revenues is pegged at $510.9 million, which calls for a year-over-year increase of 15.9%. The consensus mark for earnings stands at 24 cents per share, indicating a robust improvement from the year-ago quarter’s loss per share of 26 cents.
Unity's turnaround story is gaining credibility. The company has been reshaping its business by exiting lower-quality operations and focusing on higher-margin, recurring revenue opportunities. Although these portfolio changes have created short-term revenue fluctuations, they are improving the overall quality and sustainability of the business.
Management is placing greater emphasis on scalable advertising technology, creator subscriptions and monetization services, all of which should support stronger long-term recurring revenues. This strategy also strengthens Unity's competitive position against companies like AppLovin by combining advanced advertising technology with its leading game development platform.
The company's product ecosystem continues to create new monetization opportunities for developers. The Create segment is benefiting from healthy subscription demand and increasing usage-based revenues. Another important catalyst is Unity AI, which entered public beta in May 2026. By helping developers automate coding, asset creation and other development tasks, the platform has the potential to significantly improve productivity and strengthen customer engagement over time.
HubSpot is expected to report second-quarter 2026 results on Aug. 5. The company currently has an Earnings ESP of +0.15% and a Zacks Rank #1. The Zacks Consensus Estimate for revenues of $897.8 million indicates year-over-year growth of 18%. The consensus mark for the bottom line is pegged at $3.02 per share, suggesting a robust year-over-year jump of 37.9%.
HubSpot continues to strengthen its competitive position by embedding AI across its entire customer platform. Features such as AI assistants, AI agents, AI insights and ChatSpot are helping customers automate marketing, sales and customer relationship management tasks without paying additional fees. This broad AI integration enhances the value of the platform and improves customer retention.
The company's shift to a seat-based pricing model is another important growth driver. The new pricing structure makes it easier for customers to adopt HubSpot's services while reducing pricing friction when businesses expand usage. Over time, this should create healthier customer relationships and support stronger recurring revenue growth.
HubSpot is also integrating generative AI deeper into its CRM, marketing and sales automation tools. Meanwhile, its App Marketplace continues to make it easier for customers to connect third-party applications, making the platform more valuable and increasing switching costs for users.
Arista Networks is slated to report second-quarter 2026 results on Aug. 4. The company carries a Zacks Rank #2 and has an Earnings ESP of +0.84%. The Zacks Consensus Estimate for second-quarter revenues is pegged at $2.83 billion, which calls for a year-over-year increase of 28.5%. The consensus mark for earnings stands at 89 cents per share, indicating a year-over-year rise of 21.9%.
Arista remains one of the strongest networking companies benefiting from the AI infrastructure boom. Its broad portfolio of high-performance Ethernet switches and routers is well-positioned for modern data centers that require high capacity, low latency and superior power efficiency.
The company continues to lead in high-speed networking solutions, particularly in 100-gigabit Ethernet switches, while steadily expanding its presence in 200G and 400G products. As AI and machine learning workloads become more demanding, enterprises and hyperscale cloud providers are increasingly relying on Arista's networking solutions.
Its Arista 2.0 strategy is also delivering results. Customers are adopting its unified networking platform as they modernize data centers and transition toward cloud-native infrastructure. Continuous expansion of CloudEOS Edge and the broader software portfolio further strengthens Arista's position across data center, campus networking and wide-area networking markets, supporting healthy long-term revenue growth.
Block is scheduled to report second-quarter 2026 results on Aug. 5. The company currently carries a Zacks Rank #2 and has an Earnings ESP of +0.23%. The Zacks Consensus Estimate for second-quarter revenues is pegged at $6.54 billion, which calls for a year-over-year increase of 8%. The consensus mark for earnings stands at 86 cents per share, indicating a rise of 38.7% from the year-ago quarter’s earnings of 62 cents.
Block continues to build a powerful financial ecosystem serving both merchants and consumers. Its integrated platform enables businesses to manage payments, financial services and marketing from a single provider, creating a competitive advantage and increasing customer loyalty.
The combination of Square and Cash App allows Block to participate in multiple stages of the payment ecosystem rather than depending solely on transaction volumes. By increasing user engagement and monetization across both platforms, the company is creating additional revenue opportunities while strengthening its competitive position.
Block is also expanding through technology innovation and strategic partnerships. Collaborations with companies such as Birch Coffee, GOLFTEC and Steak Escape demonstrate the growing adoption of its commerce platform across multiple industries. As more businesses join its ecosystem, Block appears well-positioned to sustain healthy growth and potentially outperform earnings expectations.
Wall Street expects a year-over-year decline in earnings on higher revenues when Asbury Automotive Group (ABG - 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 auto dealership chain is expected to post quarterly earnings of $6.30 per share in its upcoming report, which represents a year-over-year change of -15.2%.
Revenues are expected to be $4.46 billion, up 2.1% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.88% 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 Asbury Automotive?For Asbury Automotive, 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 -0.46%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Asbury Automotive 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 Asbury Automotive would post earnings of $5.68 per share when it actually produced earnings of $5.37, delivering a surprise of -5.46%.
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.
Asbury Automotive 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.
In its upcoming report, Ryder (R - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $3.70 per share, reflecting an increase of 11.5% compared to the same period last year. Revenues are forecasted to be $3.31 billion, representing a year-over-year increase of 3.8%.
Over the last 30 days, there has been a downward revision of 1.3% 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.
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 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 Ryder metrics that are commonly tracked and projected by analysts on Wall Street.
The consensus estimate for 'Operating Revenue- Fleet Management Solutions' stands at $1.29 billion. The estimate suggests a change of +0.5% year over year.
The average prediction of analysts places 'Operating Revenue- Dedicated Transportation Solutions' at $454.99 million. The estimate indicates a year-over-year change of -3.2%.
According to the collective judgment of analysts, 'Operating Revenue- Supply Chain Solutions' should come in at $1.08 billion. The estimate points to a change of +6.3% from the year-ago quarter.
Analysts forecast 'Revenues- Supply Chain Solutions (SCS)- Subcontracted transportation and fuel' to reach $386.04 million. The estimate suggests a change of +11.3% year over year.
Analysts predict that the 'Revenues- Fleet Management Solutions' will reach $1.50 billion. The estimate indicates a year-over-year change of +2.4%.
The collective assessment of analysts points to an estimated 'Revenues- Fleet Management Solutions- SelectCare and other' of $182.40 million. The estimate indicates a year-over-year change of +2.5%.
It is projected by analysts that the 'Revenues- Dedicated Transportation Solutions' will reach $605.39 million. The estimate indicates a change of -0.1% from the prior-year quarter.
Analysts expect 'Revenues- Fleet Management Solutions- Commercial rental' to come in at $223.42 million. The estimate indicates a change of -6.5% from the prior-year quarter.
The combined assessment of analysts suggests that 'Revenues- Fleet Management Solutions- ChoiceLease' will likely reach $888.58 million. The estimate indicates a year-over-year change of +2%.
Analysts' assessment points toward 'Revenues- Fleet Management Solutions- Fuel services' reaching $208.09 million. The estimate points to a change of +16.3% from the year-ago quarter.
The consensus among analysts is that 'Revenues- Supply Chain Solutions' will reach $1.47 billion. The estimate suggests a change of +7.6% year over year.
Based on the collective assessment of analysts, 'Commercial rental - Rental Utilization - Power Units' should arrive at 71.0%. The estimate is in contrast to the year-ago figure of 70.0%.
View all Key Company Metrics for Ryder here>>>
Over the past month, shares of Ryder have returned +1% versus the Zacks S&P 500 composite's -0.6% change. Currently, R carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Membership reinforces Teradata's commitment to giving customers the flexibility, interoperability, and neutrally governed infrastructure needed to move agentic AI from pilot to production
, /PRNewswire/ -- Teradata (NYSE: TDC) today announced it has joined the Agentic AI Foundation (AAIF), hosted under the Linux Foundation, as a Silver Member. The membership reflects Teradata's longstanding commitment to open ecosystems and decades of deep engagement with customers operating in complex and regulated industries. Teradata recognizes that organizations can only move fast with agentic AI when the standards underneath it are stable and built for real enterprise conditions, including sovereign and air-gapped environments.
Teradata joins a growing cohort of member organizations that spans enterprise technology, financial services, government, academia, robotics and more. The AAIF was established in December 2025 as the neutral home where the open standard agentic AI stack is being built. Additional projects and standards include the Model Context Protocol (MCP), the universal standard protocol for connecting AI models to tools, data and applications, goose, an open source local-first AI agent framework, AGENTS.md, a universal standard that gives AI coding agents a consistent source of project-specific guidance needed to operate reliably across different repositories and toolchains, and agent gateway, an open source gateway for agentic AI, MCP, and services. Founding Platinum Members include Amazon Web Services, Anthropic, Block, Bloomberg, Cloudflare, Google, Microsoft, and OpenAI.
Why Open Standards Matter Now
Organizations are no longer asking whether to deploy agentic AI. They are asking how to do it without creating fragmented, ungovernable systems that break under production conditions. Moving from isolated pilots to enterprise-wide deployments across multi-agent and hybrid environments requires shared protocols, consistent governance, and infrastructure that can be deployed, monitored, and managed at scale — across cloud and on-premises alike. The organizations with the least tolerance for getting this wrong, such as those in regulated industries, have the most to gain from standards that are built with their requirements in mind from the start.
Where Teradata's Work and the AAIF Connect
Teradata's community open-source projects, Teradata MCP Server and AI agent framework, Teradata Loom, are already doing the work that AAIF standards are designed to enable — giving AI agents governed, secure access to organization data without bypassing existing identity and permissions frameworks.
Participating in the AAIF means Teradata now has a direct role in how MCP and the emerging agentic components evolve — helping to keep the standards grounded in what large, complex enterprise environments actually require. This is particularly relevant for organizations operating in environments where the governance and security requirements for agentic AI are most stringent and least represented in standards development. Regulated industries are an obvious example, but so are organizations whose requirements are shaped less by regulation than by the operational realities of their industry, such as the data complexity of financial services, the precision requirements of manufacturing, or the mission-critical demands of the public sector. These are environments where generic standards rarely go deep enough.
That same grounding shapes Teradata's approach to the recently launched Autonomous Knowledge Platform, designed for organizations whose agentic workflows require both deep domain expertise and the freedom to move across vendors, tools, and environments without friction. The AAIF is where the standards making that portability possible are being built, and Teradata intends to help build them.
Executive Quote
"Teradata has earned the trust of organizations in the most demanding operating environments, and that experience shapes what we believe open standards need to get right. Open standards are what make it possible for enterprises to bring together the best tools, partners, and innovations without rebuilding their foundation every time something new comes along. Joining the AAIF means we're helping shape those standards from the inside. Our customers get more choice, better interoperability, and the confidence that the infrastructure they build on today will hold at scale tomorrow."
- Sumeet Arora, Chief Product Officer at Teradata
About Teradata
Teradata empowers enterprises to turn intelligence into autonomous action, grounding AI agents in deep business context and trusted data. As AI agents multiply, Teradata is the context foundation, governance layer, and performance backbone that companies need now. The Teradata Autonomous Knowledge Platform puts AI into production across cloud, on-premises, and hybrid environments.
The Teradata logo is a trademark, and Teradata is a registered trademark of Teradata Corporation and/or its affiliates in the U.S. and worldwide.
Membership reinforces Teradata's commitment to giving customers the flexibility, interoperability, and neutrally governed infrastructure needed to move agentic AI from pilot to production
, /PRNewswire/ -- Teradata (NYSE: TDC) today announced it has joined the Agentic AI Foundation (AAIF), hosted under the Linux Foundation, as a Silver Member. The membership reflects Teradata's longstanding commitment to open ecosystems and decades of deep engagement with customers operating in complex and regulated industries. Teradata recognizes that organizations can only move fast with agentic AI when the standards underneath it are stable and built for real enterprise conditions, including sovereign and air-gapped environments.
Teradata joins a growing cohort of member organizations that spans enterprise technology, financial services, government, academia, robotics and more. The AAIF was established in December 2025 as the neutral home where the open standard agentic AI stack is being built. Additional projects and standards include the Model Context Protocol (MCP), the universal standard protocol for connecting AI models to tools, data and applications, goose, an open source local-first AI agent framework, AGENTS.md, a universal standard that gives AI coding agents a consistent source of project-specific guidance needed to operate reliably across different repositories and toolchains, and agent gateway, an open source gateway for agentic AI, MCP, and services. Founding Platinum Members include Amazon Web Services, Anthropic, Block, Bloomberg, Cloudflare, Google, Microsoft, and OpenAI.
Why Open Standards Matter Now
Organizations are no longer asking whether to deploy agentic AI. They are asking how to do it without creating fragmented, ungovernable systems that break under production conditions. Moving from isolated pilots to enterprise-wide deployments across multi-agent and hybrid environments requires shared protocols, consistent governance, and infrastructure that can be deployed, monitored, and managed at scale — across cloud and on-premises alike. The organizations with the least tolerance for getting this wrong, such as those in regulated industries, have the most to gain from standards that are built with their requirements in mind from the start.
Where Teradata's Work and the AAIF Connect
Teradata's community open-source projects, Teradata MCP Server and AI agent framework, Teradata Loom, are already doing the work that AAIF standards are designed to enable — giving AI agents governed, secure access to organization data without bypassing existing identity and permissions frameworks.
Participating in the AAIF means Teradata now has a direct role in how MCP and the emerging agentic components evolve — helping to keep the standards grounded in what large, complex enterprise environments actually require. This is particularly relevant for organizations operating in environments where the governance and security requirements for agentic AI are most stringent and least represented in standards development. Regulated industries are an obvious example, but so are organizations whose requirements are shaped less by regulation than by the operational realities of their industry, such as the data complexity of financial services, the precision requirements of manufacturing, or the mission-critical demands of the public sector. These are environments where generic standards rarely go deep enough.
That same grounding shapes Teradata's approach to the recently launched Autonomous Knowledge Platform, designed for organizations whose agentic workflows require both deep domain expertise and the freedom to move across vendors, tools, and environments without friction. The AAIF is where the standards making that portability possible are being built, and Teradata intends to help build them.
Executive Quote
"Teradata has earned the trust of organizations in the most demanding operating environments, and that experience shapes what we believe open standards need to get right. Open standards are what make it possible for enterprises to bring together the best tools, partners, and innovations without rebuilding their foundation every time something new comes along. Joining the AAIF means we're helping shape those standards from the inside. Our customers get more choice, better interoperability, and the confidence that the infrastructure they build on today will hold at scale tomorrow."
- Sumeet Arora, Chief Product Officer at Teradata
About Teradata
Teradata empowers enterprises to turn intelligence into autonomous action, grounding AI agents in deep business context and trusted data. As AI agents multiply, Teradata is the context foundation, governance layer, and performance backbone that companies need now. The Teradata Autonomous Knowledge Platform puts AI into production across cloud, on-premises, and hybrid environments.
The Teradata logo is a trademark, and Teradata is a registered trademark of Teradata Corporation and/or its affiliates in the U.S. and worldwide.
View original content:https://www.prnewswire.com/news-releases/teradata-joins-the-agentic-ai-foundation-to-advance-open-standards-for-enterprise-agentic-ai-302830402.html
NEW YORK, July 21, 2026 (GLOBE NEWSWIRE) -- SueWallSt alerts investors in AeroVironment, Inc. (NASDAQ: AVAV) that a securities class action has been commenced on behalf of shareholders who purchased AVAV stock between June 25, 2025 and March 10, 2026. Find out if you could qualify to recover your losses or contact Joseph E. Levi, Esq. at [email protected] or (888) SueWallSt.
Shares fell approximately 15.77%, 17.42%, and 6.42% across three corrective disclosures in early 2026. The lead plaintiff deadline is July 27, 2026.
Raymond James cut AeroVironment from Strong Buy to Underperform in a single move on March 2, 2026, a two-notch downgrade that reflected the severity of the SCAR program's unraveling for the defense contractor's growth thesis.
Initial Analyst Optimism Built on SCAR Expectations
Wall Street coverage of AeroVironment during the Class Period reflected the company's own characterization of the $1.7 billion SCAR contract as a cornerstone growth driver. Analysts modeled SCAR revenue into forward estimates, assigned premium multiples to the space segment, and pointed to the BADGER phased array system as a differentiator justifying AeroVironment's valuation. The complaint contends that this optimism rested on incomplete information about competitive risks the company allegedly failed to disclose.
The Downgrades Begin
The analyst consensus fractured rapidly after the March 2, 2026 Space News report revealed the U.S. Space Force was "reassessing how to move forward" with SCAR:
Raymond James cut AVAV from Strong Buy to Underperform on March 2, 2026, citing uncertainty over the SCAR program, which had been AeroVironment's largest contract at roughly $1.4 billion in expected valueCanaccord Genuity slashed its price target 17.5%, from $400 to $330, on March 3, 2026, after removing SCAR contract revenue from its second-half fiscal 2026 modelCanaccord Genuity cut again on March 11, reducing its target another 10%, from $330 to $300Needham & Co. lowered its target 11.11%, from $450 to $400, on March 11, 2026, resetting SCAR revenue expectations entirelyBTIG reduced its target 20.4%, from $415 to $330, on March 12, 2026, calling the SCAR termination "disappointing" Execution Concerns Replace Growth Narrative on Wall Street
BTIG maintained its Buy rating after the March 2 news but cautioned that "we remain cautious as there was previously little doubt from the company that the program would be recompeted in the first place." This observation, as alleged in the action, highlights the core securities claim: analysts built models on company assurances that allegedly understated the risk of losing the SCAR contract to a multi-vendor acquisition strategy.
Why Analyst Shifts Matter for AVAV Investors
When sell-side coverage is built on company guidance that allegedly conceals material competitive threats, the resulting price target cuts and rating downgrades quantify the artificial inflation that was removed from the stock. The lawsuit maintains that AeroVironment's public statements created a consensus view that was fundamentally disconnected from the contract's actual vulnerability.
"When analyst expectations are built on incomplete or misleading company disclosures, the resulting corrections can cause significant investor harm. The speed and severity of the AVAV downgrades reflect how deeply the SCAR growth narrative was embedded in the stock's valuation." -- Joseph E. Levi, Esq.
Submit your information here or call (888) SueWallSt.
LEAD PLAINTIFF DEADLINE: July 27, 2026
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 AVAV Lawsuit
Q: How much did AVAV stock drop? A: Shares fell $61.97 per share on January 20, 2026, followed by subsequent declines on March 2 of $43.93 and March 11 of $13.84 per share. Each drop purportedly followed the disclosure of additional information related to AeroVironment’s SCAR program agreement with Space Force. Investors who purchased shares during the class period at artificially inflated prices may be entitled to compensation.
Q: What specific misstatements does the AVAV lawsuit allege? A: The complaint alleges AeroVironment made materially false or misleading statements regarding the SCAR program's competitive position, characterizing it as a locked-in "$1 billion franchise" while allegedly understating the likelihood that the U.S. Space Force would shift to a multi-vendor acquisition strategy. When the true state was revealed, the stock price declined sharply.
Q: What do AVAV 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 AVAV 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.
Q: Has Levi & Korsinsky handled similar cases before? A: Yes, including securities class actions involving revenue inflation, earnings guidance fraud, and executive misconduct across numerous industries.
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.
LOS ANGELES, July 21, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises AeroVironment, Inc., (“AeroVironment” or the "Company") (NASDAQ: AVAV) investors of a class action on behalf of investors that bought securities between June 25, 2025 and March 10, 2026, inclusive (the “Class Period”). AeroVironment investors have until July 27, 2026 to file a lead plaintiff motion.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or join the case via https://portnoylaw.com/aerovironment-inc. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
AeroVironment designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses. The AeroVironment class action lawsuit alleges on May 1, 2025, AeroVironment announced it had completed the acquisition of BlueHalo, LLC, which had previously been awarded a contract to support the U.S. Space Force’s Satellite Communication Augmentation Resource (“SCAR”) program. The SCAR program represents the U.S. Space Force’s efforts to modernize antennas used by the Satellite Control Network (“SCN”), which is comprised of 19 fixed antennas across the world and executes tasks such as tracking satellites, transmitting signals, and conducting telemetry, or accessing data from satellites to assess their status and health, according to the complaint.
The AeroVironment class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force’s ongoing efforts to modernize the SCN; and (ii) accordingly, defendants overstated AeroVironment’s business and financial prospects.
The AeroVironment class action lawsuit further alleges that on January 20, 2026, AeroVironment announced that the U.S. government had issued a stop work order on AeroVironment’s agreement to deliver BADGER systems to the SCAR program. In the same announcement, AeroVironment allegedly stated that the stop work order “allows for the parties to negotiate an amended agreement for the future of the SCAR program” and that “[t]he Company expects to continue to deliver capabilities and products for the SCAR program.” On this news, the price of AeroVironment stock fell nearly 16%, according to the complaint.
Then, on March 2, 2026, SpaceNews allegedly reported that the U.S. Space Force was reopening the SCAR program and “reassessing how to move forward.” Space News quoted Colonel Owen Stevens, director of contracting at the Space Rapid Capabilities Office, which supervised SCAR, as stating: “We have been in conversations with the SAE [senior acquisition executive] for a little while now, and we are going to move into a new acquisition strategy for SCAR,” the complaint alleges. On this news, the price of AeroVironment stock fell more than 17%, according to the complaint.
Finally, on March 10, 2026, the complaint alleges that AeroVironment announced its financial results for the third quarter of fiscal year 2026. Among other items, AeroVironment allegedly reported a third-quarter operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025. These financial results reflected the impact of a $151.3 million goodwill impairment in AeroVironment’s space division after the stop work order on AeroVironment’s BADGER systems built for the SCAR program, according to the AeroVironment class action lawsuit. AeroVironment also allegedly reported that the U.S. Space Force had terminated AeroVironment’s contract concerning the SCAR program, and as a result, it would have to “recompete” for the SCAR program. On this news, the price of AeroVironment stock fell more than 6%, the complaint alleges.
The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar [email protected]
310-692-8883
www.portnoylaw.com
, /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of AeroVironment, Inc. (NASDAQ: AVAV).
Shareholders who purchased shares of AVAV 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) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the U.S. Space Force's Satellite Communication Augmentation Resource program and the U.S. Space Force's ongoing efforts to modernize the Satellite Control Network; (ii) accordingly, defendants overstated AeroVironment's business and financial prospects; and (iii) as a result, defendants' public statements were materially false and misleading at all relevant times.
DEADLINE: July 27, 2026 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/aerovironment-loss-submission-form-2/?id=194963&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of AVAV 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 July 27, 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
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903
Valmont Industries (VMI - Free Report) came out with quarterly earnings of $6.14 per share, beating the Zacks Consensus Estimate of $5.76 per share. This compares to earnings of $4.88 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +6.60%. A quarter ago, it was expected that this infrastructure equipment maker would post earnings of $4.72 per share when it actually produced earnings of $5.51, delivering a surprise of +16.74%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Valmont, which belongs to the Zacks Steel - Pipe and Tube industry, posted revenues of $1.12 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.32%. This compares to year-ago revenues of $1.05 billion. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Valmont shares have added about 30.7% since the beginning of the year versus the S&P 500's gain of 8.7%.
What's Next for Valmont?While Valmont 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 Valmont was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $5.78 on $1.1 billion in revenues for the coming quarter and $22.82 on $4.31 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Steel - Pipe and Tube is currently in the top 41% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the broader Zacks Industrial Products sector, Emerson Electric (EMR - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 4.
This maker of process controls systems, valves and analytical instruments is expected to post quarterly earnings of $1.68 per share in its upcoming report, which represents a year-over-year change of +10.5%. The consensus EPS estimate for the quarter has been revised 0.1% lower over the last 30 days to the current level.
Emerson Electric's revenues are expected to be $4.79 billion, up 5.3% from the year-ago quarter.
For the quarter ended June 2026, Valmont Industries (VMI - Free Report) reported revenue of $1.12 billion, up 6.5% over the same period last year. EPS came in at $6.14, compared to $4.88 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.09 billion, representing a surprise of +2.32%. The company delivered an EPS surprise of +6.6%, with the consensus EPS estimate being $5.76.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Valmont performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Total Sales by Product Line- North America Utility: $456.74 million versus the two-analyst average estimate of $431.65 million.Total Sales by Product Line- North America Lighting and Transportation: $130.5 million compared to the $130.9 million average estimate based on two analysts.Total Sales by Product Line- International Infrastructure and Solar: $165.68 million compared to the $162.25 million average estimate based on two analysts.Total Sales by Product Line- North America Telecommunications: $56.99 million versus $75.4 million estimated by two analysts on average.Total Sales by Product Line- North America Coatings: $66.81 million compared to the $65.25 million average estimate based on two analysts.Total Sales- Intersegment: $-3.95 million versus the two-analyst average estimate of $-3.99 million. The reported number represents a year-over-year change of -10.1%.Net Sales- Agriculture: $241.97 million versus $236.23 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -15.8% change.Total Sales- Infrastructure: $878.94 million versus $835.09 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +14.8% change.Total Sales- Agriculture: $243.7 million compared to the $264.59 million average estimate based on two analysts. The reported number represents a change of -15.8% year over year.Net Sales- Infrastructure: $876.72 million compared to the $861.94 million average estimate based on two analysts. The reported number represents a change of +14.9% year over year.Operating income- Corporate: $-28.15 million compared to the $-24.81 million average estimate based on four analysts.Operating income- Infrastructure: $154.38 million versus the four-analyst average estimate of $154.09 million.View all Key Company Metrics for Valmont here>>>
Shares of Valmont have returned -9.8% 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.
Treat Your Portfolio With These 3 Spooky Season StocksHasbro NASDAQ: HAS reported a stronger-than-expected second quarter of 2026 and raised its full-year outlook, citing continued momentum in Magic: The Gathering, growth in consumer products and progress recovering from a cyber incident that affected operations earlier in the year.
Chief Executive Officer Chris Cocks said the company delivered 15% revenue growth in the first half of 2026, with “profits up appreciably,” despite headwinds from oil costs and trade policy. He said growth was broad-based across Magic, Dungeons & Dragons, Hasbro Gaming, Peppa Pig, Star Wars and Marvel.
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These 3 Dividend Stocks Combine Strong Yields With UpsideFor the second quarter, Chief Financial Officer and Chief Operating Officer Gina Goetter said Hasbro generated net revenue of $1.14 billion, up 16% year over year. Adjusted operating profit rose 14% to $282 million, while adjusted operating margin was 24.8%, down about 40 basis points from the prior year. Adjusted earnings per diluted share were $1.28, down 2%, which Goetter attributed to a write-off tied to digital gaming projects.
Through the first half of the year, net revenue rose 15% to $2.1 billion. Adjusted operating profit increased 21% to $569 million, and adjusted operating margin expanded 150 basis points, largely driven by Magic’s performance. Adjusted EBITDA was $330 million in the quarter and $670 million for the first half.
Magic Drives Wizards Growth Are Tariffs Threatening Disney’s Comeback Story?Hasbro’s Wizards segment continued to be the company’s primary growth engine. Goetter said Wizards revenue grew 27% in the quarter to $664 million, powered by Magic, which was up 32% in the quarter behind the releases of Secrets of Strixhaven and Marvel Super Heroes. Wizards operating profit rose 12% to $270 million, while operating margin declined to 40.7% due to the impairment charge.
Cocks described Magic as a “mega franchise” comparable to major gaming and entertainment properties, citing its more than 30-year history and long-term revenue compounding. He said Magic tabletop and digital revenue has compounded at more than 17% annually since 2009 and grew in 15 of the past 17 years, with the two down years declining by less than 3%.
Cocks said Marvel Super Heroes set records for day-one and month-one revenue and became the fastest Magic set to reach $300 million in revenue, with strong sell-through and reorders. In response to analyst questions, he said the product performed well across channels, particularly with new players and in less traditional outlets such as mass retail, Disney theme parks and GameStop.
Goetter said Hasbro entered 2026 with a strategy of larger initial print and distribution runs for Magic releases, after leaving some demand unmet in 2025. She said reprint runs are still taking longer, but the larger initial production runs have helped meet demand. She said Hasbro is working with print partners to increase capacity for 2027 and 2028.
Consumer Products Returns to Growth Hasbro’s Consumer Products segment revenue increased 5% to $463 million in the quarter. Goetter said the North America business rose 17% as the company lapped last year’s later shelf-set timing. The segment posted an adjusted operating loss of $7.5 million, reflecting higher input costs, royalties and timing of operating expenses.
Cocks said the toy and game business delivered its third consecutive quarter of growth. He pointed to strength in “Games categories,” which he described as gamified, entertainment-driven, multi-purchase and multi-generational areas of the toy industry that continue to outperform the broader market.
Hasbro highlighted several consumer products initiatives, including Blooms, an “aged-up” Play-Doh product that Cocks said sold out at major retailers in less than 24 hours during its initial launch. The company also announced a multi-year licensing agreement with Nintendo for products inspired by The Legend of Zelda, with the collaboration expected to begin appearing in 2027.
Goetter said the cyber incident had a smaller revenue impact than previously expected. Hasbro lost approximately $25 million of revenue in the quarter from the event, compared with its prior assumption of $40 million to $60 million. She said operations were fully restored ahead of schedule, cash flow remained healthy and receivables were in line with historical averages.
Digital Strategy Narrows After Write-Down Hasbro recorded a $56 million non-cash write-down in the quarter related to canceled digital games scheduled for release in 2028 and beyond. Cocks said the company reviewed its portfolio and is focusing digital investment on franchises, platforms and partners where it sees the clearest upside.
Cocks outlined four priorities for digital: focus, cost discipline, ownable platforms and partnership. He said Hasbro’s digital investment will center on trading card games and role-playing games, including Magic: The Gathering Arena, D&D Beyond and upcoming owned game offerings Exodus and Warlock, both planned for 2027.
He said 2026 should be the company’s peak year for digital investment as Exodus and Warlock enter their finishing phases. Hasbro expects total digital spending to decline at least 25% annually by 2028. Cocks said the company is shifting more development to lower-cost regions, using Montreal as its base for digital games, and increasingly co-developing and co-publishing with partners.
Goetter said the impairment was “one-time in nature” but would remain included in results, consistent with Hasbro’s treatment of digital game amortization. She added that the write-down does not materially change the economics for 2027 because it related to releases planned for 2028 and beyond.
Guidance Raised as Cash Flow Supports Buybacks Hasbro raised its full-year outlook and now expects consolidated revenue to grow 5% to 7% year over year on a constant-currency basis, with growth across each segment. The company also raised its adjusted operating margin outlook to 25% to 26% and expects adjusted EBITDA of $1.45 billion to $1.5 billion.
At the segment level, Wizards is expected to grow revenue in the low double-digit range for the year, with operating margins in the low 40% range. Consumer Products revenue is still expected to grow in the low single digits, with adjusted operating margin of 6% to 8%. Entertainment revenue is expected to be slightly positive year over year, with operating margins of about 50%.
In the first half, Hasbro generated $604 million in operating cash flow, contributed $147 million toward debt reduction and returned $239 million to shareholders through dividends and share repurchases. Goetter said the company increased its 2026 share repurchase target from $100 million to a minimum of $200 million, while remaining committed to its dividend.
During the question-and-answer session, Goetter said the raised guidance largely passes through first-half upside while leaving back-half assumptions for Wizards largely unchanged. She said Hasbro expects Magic to be up low single digits in the second half, with a mid-single-digit increase in the third quarter and a low-single-digit decline in the fourth quarter, partly due to a difficult comparison and timing of a 2027 release.
Cocks said Magic’s growth is supported by player growth, reacquisition of lapsed players, expanding distribution and upcoming first-party and Universes Beyond releases. He said Hasbro plans three first-party Magic sets and three Universes Beyond sets in 2027, with the first-party share increasing somewhat compared with 2026.
Goetter said the lower end of Hasbro’s full-year revenue guidance mainly reflects uncertainty around the holiday season in the retail business, while noting that the company feels good about its back-half forecast.
About Hasbro (NASDAQ:HAS)Hasbro, Inc is a global play and entertainment company, known for designing, manufacturing and marketing a diverse portfolio of toys, games and consumer products. Founded in 1923 as Hassenfeld Brothers and headquartered in Pawtucket, Rhode Island, the company has grown into one of the foremost names in the toy industry, with a presence in retail, digital and entertainment channels worldwide.
The company's brand portfolio features iconic properties such as Monopoly, Play-Doh, Nerf, My Little Pony and Transformers.
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 Hasbro Right Now?Before you consider Hasbro, you'll want to hear this.
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While Hasbro currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
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Hasbro (HAS - Free Report) reported $1.14 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 16.2%. EPS of $1.28 for the same period compares to $1.30 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.05 billion, representing a surprise of +8.93%. The company delivered an EPS surprise of +9.4%, with the consensus EPS estimate being $1.17.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Hasbro performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
External Net Revenues- Entertainment: $12.8 million versus $16.88 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -20% change.External Net Revenues- Consumer Products: $463 million versus $451.31 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +4.7% change.External Net Revenues- Wizards of the Coast and Digital Gaming: $663.8 million compared to the $591.06 million average estimate based on four analysts. The reported number represents a change of +27.1% year over year.Wizards of the Coast and Digital Gaming Net Revenues- Tabletop Gaming: $528.3 million versus the two-analyst average estimate of $464.2 million. The reported number represents a year-over-year change of +30%.Wizards of the Coast and Digital Gaming Net Revenues- Digital and Licensed Gaming: $135.5 million compared to the $114.98 million average estimate based on two analysts. The reported number represents a change of +16.7% year over year.Operating profit (loss)- Wizards of the Coast and Digital Gaming: $270 million versus $259.27 million estimated by four analysts on average.Operating profit (loss)- Entertainment: $5.6 million versus $5.74 million estimated by three analysts on average.Operating profit (loss)- Consumer Products: $-14.5 million compared to the $-20.53 million average estimate based on two analysts.View all Key Company Metrics for Hasbro here>>>
Shares of Hasbro have returned -3.3% over the past month versus the Zacks S&P 500 composite's -0.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
Hasbro Inc (NASDAQ:HAS) raised its full-year revenue and profit forecasts on Tuesday after second-quarter results topped Wall Street estimates, powered by a record quarter for its Magic: The Gathering trading card franchise.
The toymaker posted adjusted earnings of $1.28 per share, beating analyst estimates of $1.13, while revenue climbed 16% year-over-year to $1.14 billion, ahead of the $1.06 billion expected by analysts.
Shares of Hasbro rose 10% in Tuesday morning trading.
Magic: The Gathering revenue surged 32% to top $500 million in a single quarter for the first time in the franchise's more than 30-year history, driven by demand for its Marvel Super Heroes and Secrets of Strixhaven sets. The Wizards of the Coast and Digital Gaming segment, which includes Magic, grew 27% to $664 million in revenue, with operating profit up 12% to $270 million. Mobile game Monopoly Go contributed $44 million in revenue for the quarter.
Consumer Products revenue rose 5% despite a roughly $25 million hit from a previously disclosed cyberattack that also added $11 million in expenses, the company said. Entertainment segment revenue fell 20%.
“Revenue exceeded Street expectations, though profitability remained pressured by tariff expense, entertainment-related mix shifts, and normal seasonality,” Jefferies said of the segment. “Notably, management estimated the cyber event reduced revenue by approximately $25M during the quarter, suggesting underlying demand was somewhat stronger than reported.”
Hasbro recorded a $56 million impairment tied to its digital games business during the quarter. The company returned $133 million to shareholders and paid down $55 million in debt, and said it plans to lean further into its $1 billion share repurchase authorization.
For the full year, Hasbro now expects revenue growth of 5% to 7% on a constant currency basis, up from its prior forecast of 3% to 5%. The company raised its adjusted operating margin outlook to 25% to 26%, from 24% to 25% previously, and now sees adjusted EBITDA of $1.45 billion to $1.5 billion, up from $1.4 billion to $1.45 billion.
U.S. Treasury Secretary Scott Bessent delivers remarks during a ministerial meeting on political violence, at the State Department in Washington, D.C., U.S., July 16, 2026. REUTERS/Jonathan Ernst Purchase Licensing Rights, opens new tab
WASHINGTON, July 21 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Tuesday that the 50% tariffs on a range of imports from Canada were "reciprocity" for trade actions by Ottawa on U.S. dairy, alcohol and beverages.
U.S. President Donald Trump on Monday announced tariffs on nearly $20 billion worth of Canadian goods over the northern neighbor's retaliatory tariffs on U.S. autos, steel, aluminum and liquor and its high dairy tariffs.
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In an interview with Fox Business Network, Bessent accused Canada of being "highly discriminatory" on dairy products and pointed toward U.S. alcohol and beverages moved from Canadian shelves.
"This is really just reciprocity in terms of what they've done to our great U.S. companies," he told the "Mornings with Maria" program.
Reporting by Susan Heavey and Bhargav Acharya; Editing by Doina Chiacu
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New York, New York--(Newsfile Corp. - July 21, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against PicS N.V. ("PicS" or the "Company") (NASDAQ: PICS) on behalf of all persons or entities who purchased PicS Class A common stock in and/or traceable to PicS' initial public offering ("IPO") on or around January 30, 2026.
CLICK HERE TO JOIN THE CASE
If you are an investor in PicS and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.
DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than August 4, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.
On or around January 30, 2026, PicS concluded its IPO, selling approximately 22.9 million shares of Class A common stock at $19 per share.
On March 19, 2026, less than three months after the IPO, PicS released its fourth quarter and full year 2025 financial results, which ended December 31, 2025 - before the IPO. The Company revealed that in December 2025, as part of the Company's "annual review of expected credit loss parameters," the Company had "implemented a stricter policy to accelerate the classification of renegotiated non-performing exposures from Stage 2 to Stage 3." Consequently, "R$590 million of Stage 2 portfolio balances were reclassified to Stage 3, resulting in an ECL increase of R$88 million in the quarter." Stage 3 is the Company's highest risk category for its credit portfolio, or "credit impaired."
On March 19, 2026, the price of PicS shares fell $3.56 per share, or 22.5%, to close at $12.27 per share.
The complaint alleges, among other things, that in connection with the IPO, Defendants made false and/or misleading statements and/or failed to disclose that "(a) that PicS had conducted an evaluation of its credit evaluation procedures in December 2025 and determined that such procedures were deficient and in need of enhancement; (b) that, as a result of the new procedures the Company had implemented in December 2025, PicS had reclassified approximately R$590 million of exposures previously classified as Stage 2 to Stage 3, leading to an incremental ECL charge of R$88 million in the three months ended December 31, 2025; (c) that PicS had experienced a heightened, but unreported, Stage 3 formation rate of more than 7% in the fourth quarter of 2025 that deviated substantially from the historical results and trends provided in the Offering Documents; (d) that the Offering Documents had materially overstated the quality and ability of the Company's credit models and user data to inform the Company's underwriting practices and to allow PicS to timely and effectively monitor, assess, and identify adverse credit events, credit risks, and credit deterioration across its portfolio; and (e) that PicS suffered from degradations in customer credit quality and heightened risks of default and loan impairment as a result of its entrance into materially riskier business lines leading up to the IPO, resulting in undisclosed adverse financial and operational trends such as heightened incidents of default, which predated the IPO and were internally projected by PicS to continue to worsen following the IPO, materially impairing the Company's business, operations, and financial results."
The complaint alleges that as of June 4, 2026, PicS Class A common stock fell to a low of less than $9 per share, representing a more than 50% decline from the $19 per share IPO price.
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Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.
Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America-the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act-$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.
For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.
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Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.
SCHAUMBURG, Ill., July 21, 2026 (GLOBE NEWSWIRE) -- Paylocity, a leading provider of HCM, Finance, and IT solutions, today introduced Paylocity Ignite AI, its platform-wide AI with agents that automate manual work, help reduce risk, and enable teams to move faster. Embedded throughout Paylocity’s platform, Ignite AI brings data, insights, and automation into moments where decisions are made and work gets done.
Purpose-Built Agents That Help Teams Take Action
Ignite AI includes new, purpose-built agents that automate tasks across pay, time, recruiting, and other areas where work often slows down.
Answer & Insight Agent
Getting answers from your data today means running reports, exporting spreadsheets, or waiting on someone else to dig them out. And even then, a report shows what happened, not why. Clients told us they need to explore their data on their own terms, because every business asks different questions. The Answer & Insight Agent was built for exactly that: ask a question in natural language and get answers in real time, pulling from your company data across the platform.
Hire faster by understanding exactly where the recruiting funnel breaks downProactively manage overtime in real time before it becomes a cost problemVisualize turnover trends in a clear chart with actionable insights ready to share with senior leadersAnalyze what is driving costs across locations, teams, and shiftsSpot the pay, performance, or retention risks hiding across the workforceUnderstand where onboarding stalls and what it's costing in productivity The real power is in the back-and-forth: ask follow-ups, visualize trends, and go deeper. Because the agent isn’t built around a fixed set of questions, it goes wherever your thinking does. It turns blind spots into real-time, strategic decisions.
Payroll Analysis Agent
Reviewing every anomaly in a large payroll before the deadline takes hours, and errors still slip through. The Payroll Analysis Agent helps payroll teams catch issues before submission by:
Surfacing anomalies based on each organization's historical payroll trendsExplaining what changed and why it matters in plain languageFocusing review on the areas that need attention Payroll admins spend less time hunting for issues and more time resolving them.
Candidate Fit Agent
High-volume recruiting teams need every advantage to move quickly without sacrificing quality. The Candidate Fit Agent helps recruiters:
Surface candidates for review based on role criteriaSummarize how applicants match role requirements, while flagging criteria that may not be compliantReduce time spent sorting and sourcing across large applicant pools Recruiters stay in control of every hiring decision, spending less time screening and more time engaging candidates.
Ignite AI also includes additional agents that improve data quality and streamline payroll operations, including the Resume Summary Agent, which gives recruiters candidate overviews; the Data Inspection Agent, which detects gaps in employee records and guides resolution before they cause downstream issues; and the Time Correction Agent, which surfaces time errors, requests, and compliance issues so supervisors can resolve them before payroll deadlines. These join a growing set of agentic experiences available today including guided benefits enrollment, expense submission, and accounts payable validation, with additional agents planned across scheduling, candidate engagement, and more.
Managing AI with Confidence
To help organizations scale AI responsibly, Paylocity is introducing the Ignite AI Hub, a centralized dashboard for managing and measuring AI across the organization.
With Ignite AI Hub, leaders can:
Measure business impact and productivity gainsMonitor adoption across teamsControl which agents are activeIdentify new opportunities for automation The Ignite AI Hub provides the visibility and control organizations need to confidently deploy AI while keeping people at the center of decision-making.
Shaped Directly by Clients
Ignite AI was developed alongside clients. Paylocity assembled an advisory group of HR and business leaders to help identify high-impact opportunities, validate real-world use cases, and guide product innovation.
“The way Paylocity is weaving AI across the platform is better than anything I’ve seen in other systems,” said Ryan Zimmerman, VP of Human Resources at POLYWOOD. “I’m so excited by the momentum I’m seeing and to be part of shaping it.”
"It actually feels like I have another team member supporting me," said Genevieve Gonnigan, VP of HR & People and Culture, at Lincoln Park Zoo. "Manual processes are a time suck, and Ignite AI turns things that would be a 5- to 10-minute process into a 30-second question or resolves them on its own."
“Ignite AI is the next evolution of AI at work: embedded across the Paylocity platform, built for every team, and informed by the real-world needs of clients who use it every day,” said Toby Williams, President and CEO of Paylocity. “It brings intelligence and automated action directly into the flow of work, helping organizations move faster, make confident decisions, and unlock greater value from their teams. This is only the beginning of what we're building.”
Learn more about Ignite AI.
About Paylocity
Headquartered in Schaumburg, IL, Paylocity (NASDAQ: PCTY) is an award-winning provider of HCM, Finance, and IT software solutions. Paylocity offers one unified, easy-to-use platform that helps businesses across HR, Finance, and IT streamline operations, manage spend and talent, and build culture and connection—with AI embedded directly into everyday workflows to save time, reduce manual effort, and support better decisions. Known for its unique culture and consistently recognized as one of the best places to work, Paylocity accompanies its clients on the journey to create great workplaces and help all employees achieve their best. For more information, visit www.paylocity.com.
The upcoming report from Graco Inc. (GGG - Free Report) is expected to reveal quarterly earnings of $0.81 per share, indicating an increase of 8% compared to the year-ago period. Analysts forecast revenues of $608.7 million, representing an increase of 6.5% 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.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions 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 Graco metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts expect 'Net sales- Expansion Markets' to come in at $41.77 million. The estimate indicates a change of +3% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Net Sales- Contractor' of $309.49 million. The estimate suggests a change of +7.1% year over year.
Analysts' assessment points toward 'Net Sales- Industrial' reaching $257.30 million. The estimate points to a change of +6.2% from the year-ago quarter.
The consensus estimate for 'Operating earnings /(loss)- Industrial' stands at $88.98 million. The estimate compares to the year-ago value of $82.37 million.
The average prediction of analysts places 'Operating earnings/(loss)- Expansion Markets' at $10.02 million. Compared to the present estimate, the company reported $8.83 million in the same quarter last year.
It is projected by analysts that the 'Operating earnings /(loss)- Contractor' will reach $80.74 million. The estimate compares to the year-ago value of $75.49 million.
View all Key Company Metrics for Graco here>>>
Over the past month, shares of Graco have returned -2.5% versus the Zacks S&P 500 composite's -0.6% change. Currently, GGG carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
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 includes access to the Zacks Style Scores as well.
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.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most 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 The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
#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.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: CBRE Group (CBRE - Free Report) CBRE Group, Inc. is a commercial real estate services and investment firm headquartered in Dallas, TX. It provides leasing, property sales, commercial mortgage origination, loan servicing, valuations and other advisory services to tenants, owners, lenders and investors across major global markets. The company also provides facilities management, property management and workplace experience services through its Building Operations platform and delivers program management, project management and cost consultancy through Turner & Townsend. CBRE also operates an investment management business and a real estate development business under its Real Estate Investments segment.
CBRE is a #2 (Buy) on the Zacks Rank, with a VGM Score of A.
Momentum investors should take note of this Finance stock. CBRE has a Momentum Style Score of B, and shares are up 6.7% over the past four weeks.
Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.19 to $7.75 per share. CBRE boasts an average earnings surprise of +17%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, CBRE should be on investors' short list.
BALA CYNWYD, Pa., July 21, 2026 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ([email protected]) or Marc Ackerman ([email protected]) at 855-576-4847. There is no cost or financial obligation to you.
Deadline Alert: Understanding Lead Plaintiff Selection Under the PSLRA in the Verra Mobility Securities Action Where Shareholders Lost $9.23 Per Share After Avis Budget Group Contract Termination Deadline Alert: Understanding Lead Plaintiff Selection Under the PSLRA in the Verra Mobility Securities Action Where Shareholders Lost $9.23 Per Share After Avis Budget Group Contract Termination
, /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Verra Mobility Corporation (NASDAQ: VRRM).
Shareholders who purchased shares of VRRM 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 complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Verra's relationship with Avis Budget Group ("Avis"), and in particular obtaining a contract extension with Avis. Further, the Company minimized concerns that major rent-a-cars could replace Verra with in-house solutions or outsourced alternatives. On May 26, 2026, Verra issued a press release announcing a termination notice from Avis regarding its contract and accordingly lowered its 2026 full-year financial outlook. Almost one week later on June 1, 2026, the Company announced a sudden and surprising transition of its President and Chief Executive Officer David Roberts. Following this news, the price of Verra's common stock declined dramatically. From a closing market price of $13.08 per share on May 26, 2026, Verra's stock price fell to $3.85 per share on May 27, 2026, a decline of about 71%.
DEADLINE: August 4, 2026 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/verra-mobility-corporation-loss-submission-form/?id=194969&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of VRRM 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 4, 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
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903
SAN DIEGO, July 21, 2026 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Verra Mobility Corporation (NASDAQ: VRRM) securities between February 24, 2026, and May 26, 2026. Verra Mobility Corporation provides smart mobility technology solutions in the United States, Australia, Europe, and Canada.
LOS ANGELES, July 21, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Verra Mobility Corporation, (“Verra Mobility” or the "Company") (NASDAQ: VRRM) investors of a class action on behalf of investors that bought securities between February 24, 2026 and May 26, 2026, inclusive (the “Class Period”). Verra Mobility investors have until August 4, 2026 to file a lead plaintiff motion.
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Credo Technology (NASDAQ:CRDO | CRDO Price Prediction) has become the pure-play backbone stock of the AI data center buildout, selling the Active Electrical Cables and SerDes retimers that hyperscalers use to connect racks of GPUs.
Revenue more than tripled in fiscal 2026 to $1.34 billion, and shares are still up 40.86% year to date. Yet the stock just cracked. The question I want to answer: can CRDO reach $350 per share by 2027, or has the easy money already been made?
Why Credo Shares Just Dropped 21% in a Week The pullback is real. CRDO fell 21.38% over the past week and 18.71% over the past month, retreating from a 52-week high of $308.67.
Two forces are colliding. First, valuation. CRDO trades at a trailing P/E of 81, which leaves zero room for guidance disappointment. Second, sentiment. Insider activity shows 254 recent transactions with a net selling direction, and management flagged non-GAAP gross margin compression to 67% to 69% as ZeroFlap optics and ALCs ramp.
Combine that with a beta of 3.202, and every rotation out of AI names hits CRDO harder than most. This is a high-beta AI infrastructure stock going through a normal digestion phase after a monster run.
Wall Street Sees 31% Upside. Our Model Says 5% Consensus is loud and bullish. Wall Street’s average target is $276.39, backed by 4 Strong Buys, 14 Buys, and just 1 Hold with zero sells. That is a 95% bullish analyst base.
My model is more cautious. Our base case lands at $220.72 for July 2027, just 4.81% upside, with a bull case of $333.28 and a bear case of $177.85. I lean toward analysts being directionally right here. Quarterly earnings growth of 343.2% year over year is not a story a trailing P/E model captures well.
The Path to $350 Per Share Reaching $350 from today’s price of $210.60 would require a gain of 66.2%. With forward EPS of $3.59, a price of $350 implies a forward P/E of 97x. Our base case of $220.72 already implies 62x, meaning $350 requires roughly 35x of additional multiple expansion. That is a stretch, but not absurd for a company growing revenue triple digits.
Three catalysts justify it. First, CEO Bill Brennan said “the market for AECs is gonna be very large over the next five to ten years”, with three new multi-billion dollar TAMs opening in ZeroFlap optics, ALCs, and OmniConnect.
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Second, operating leverage is real: non-GAAP operating margin expanded from 43.1% in Q1 to 49.6% in Q4 FY2026.
Third, our 247Factor adjustment of 1.182 already reflects a 1.15 sector momentum multiplier for the technology group. The primary risk is hyperscaler concentration, with the top two customers combining for roughly two-thirds of revenue.
Where Credo Trades Today vs Its Earnings Power At $210.60, CRDO trades at roughly 59x forward earnings. Expensive by any absolute measure, but the stock sits between a 52-week low of $86.48 and a high of $308.67, so a rerating higher does not require a new all-time high. Over the past five years shares have returned 1,639.74%.
If EPS grows anywhere near consensus expectations into fiscal 2028, today’s multiple compresses fast even without price appreciation.
Is $350 Realistic? Here’s My Take $350 requires a 66.2% gain and a forward multiple near 97x. That is a stretch.
For it to happen, three things need to go right: Q1 FY2027 revenue needs to clear the $465 million to $475 million guidance, the new TAM expansions must show real bookings by mid-2027, and hyperscaler capex cannot slow.
What derails it: any single quarter of margin compression paired with a guidance miss. Returns at this level shouldn’t be expected every year, but we’ve outlined the blueprint for how Credo Technology could reach $350 in 2027.
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SummaryCredo Technology is finally upgraded to Buy after a sharp 40% pullback, with its valuation now more attractive near a 30x forward earnings multiple.CRDO’s earnings profile has improved dramatically, with forward EPS estimates rising nearly 300% year-over-year, driven by AI infrastructure and optical platform growth. The best is yet to be.Competitive risks from Broadcom and Marvell persist, but hyperscaler CapEx, Meta’s AI ambitions, and SpaceX-linked opportunities underpin robust medium-term revenue prospects.The optical networking value chain could become a more massive growth driver in the next couple of years, helping to sustain another incredible run.Despite recent profit-taking and sector concerns, CRDO’s price action remains constructive, with $140 as a key support level for bullish momentum. Time to double down.Looking for a helping hand in the market? Members of Ultimate Growth Investing get exclusive ideas and guidance to navigate any climate. Learn More » J Studios/DigitalVision via Getty Images
Credo: Hammered Hard Recently A 40% drop in the shares of Credo Technology (CRDO) probably took the wind out of investors who never thought such a pullback could actually come into fruition so
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Analyst’s Disclosure: I/we have a beneficial long position in the shares of AVGO, META either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
I may initiate a position in CRDO in the next 72 hours.
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MSCI (MSCI - Free Report) came out with quarterly earnings of $4.94 per share, beating the Zacks Consensus Estimate of $4.9 per share. This compares to earnings of $4.17 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +0.82%. A quarter ago, it was expected that this maker of software tools to help portfolio managers make investment decisions would post earnings of $4.4 per share when it actually produced earnings of $4.55, delivering a surprise of +3.41%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
MSCI, which belongs to the Zacks Financial - Investment Management industry, posted revenues of $867 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.90%. This compares to year-ago revenues of $772.68 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
MSCI shares have added about 9% since the beginning of the year versus the S&P 500's gain of 8.7%.
What's Next for MSCI?While MSCI 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 MSCI 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 $5.13 on $882.29 million in revenues for the coming quarter and $19.85 on $3.51 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Investment Management is currently in the top 30% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, T. Rowe Price (TROW - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on July 31.
This financial services firm is expected to post quarterly earnings of $2.52 per share in its upcoming report, which represents a year-over-year change of +12.5%. The consensus EPS estimate for the quarter has been revised 5.2% higher over the last 30 days to the current level.
T. Rowe Price's revenues are expected to be $1.92 billion, up 11.6% from the year-ago quarter.
