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Capital One Stock Climbs On Strong Q2 EPS, Despite Revenue Miss
Benzinga· 2025-07-22 20:46
Core Insights - Capital One Financial Corp. reported quarterly earnings of $5.48 per share, exceeding the analyst consensus estimate of $3.59 [1] - Quarterly revenue was $12.49 billion, slightly missing the analyst consensus estimate of $12.55 billion [1] Financial Performance - Total net revenue increased by 25% from the previous quarter to $12.5 billion [4] - Total non-interest expense rose by 18% to $7 billion, with a 12% increase in marketing and a 20% increase in operating expenses [4] - Pre-provision earnings increased by 34% to $5.5 billion [4] - Provision for credit losses increased by $9.1 billion to $11.4 billion, including net charge-offs of $3.1 billion and a $7.9 billion loan reserve build [4] - Net interest margin was 7.62%, an increase of 69 basis points, with an adjusted net interest margin of 7.68% [4] - Efficiency ratio stood at 55.96%, while the operating efficiency ratio was 45.2% [4] Strategic Developments - The company completed its acquisition of Discover on May 18th and is actively working on integration, which is progressing well [3] - CEO Richard D. Fairbank expressed optimism about the growth opportunities as a combined entity [3] Stock Performance - Capital One stock rose by 1.65% to $221 in extended trading [3]
SAP Reports Better-Than-Expected Q2 Results: Details
Benzinga· 2025-07-22 20:27
SAP SE SAP released its second-quarter results after Tuesday's closing bell. Here's a look at the key figures from the quarter. The Details: SAP reported quarterly adjusted earnings of $1.70, which beat the consensus estimate of $1.47. Quarterly revenue of $10.23 billion beat the $9.11 billion Street estimate.Read Next: Opendoor Stock Frenzy Continues—Is $40 Per Share The Next Stop?Current cloud backlog of $21.26 billion, up 22% and up 28% at constant currenciesCloud revenue up 24% and up 28% at constant cu ...
Analysts Find Flavor In Warren Buffet's Favorite Pizza Stock
Benzinga· 2025-07-22 19:16
Domino’s Pizza Inc DPZ shares are traded higher on Tuesday.On Monday, the pizza giant reported second-quarter revenue of $1.15 billion, beating the analyst consensus estimate of $1.14 billion.Revenues increased 4.3% year over year, primarily due to higher supply chain revenues, higher U.S. franchise royalties and fees, and higher U.S. franchise advertising revenues.Here are the key analysts’ reactions to the earnings report:RBC Capital Markets analyst Logan Reich reiterated the Outperform rating on Domino’s ...
Humana Moves To Cut Prior Authorization Delays, Streamline Care Approvals
Benzinga· 2025-07-22 19:13
Humana Inc. NYSE: HUM) on Tuesday announced accelerated efforts to approve care requests as quickly as possible and reduce the administrative burden for physicians associated with prior authorization.These actions will reduce the number of prior authorization requirements and make the process faster and more seamless, while preserving the system of checks and balances that protects patient safety by ensuring the most high-cost, high-risk treatments are reviewed and approved before care is delivered.“Today’s ...
Lululemon's China Cooldown And US Struggles Weigh On Outlook
Benzinga· 2025-07-22 18:51
Lululemon Athletica’s LULU U.S. growth outlook softened as shoppers embraced new fabric innovations over seasonal basics, pushing catalyst launches into second half of 2025.JP Morgan analyst Matthew R. Boss downgraded Lululemon from Overweight to Neutral, lowering the price forecast from $303 to $224.Boss writes that the U.S. product catalyst has been delayed to the second half of 2025 after customers responded well to new fabric innovations, such as Align No Line, Be Calm, Daydrift, and Glow Up, but showed ...
Cleveland-Cliffs Rides Cost Cuts And Trump Tariffs To Stronger Outlook, Eyes Billions From Asset Sales
Benzinga· 2025-07-22 17:53
Cleveland-Cliffs Inc. CLF is gaining renewed confidence from Wall Street after posting better-than-expected results for the second quarter of 2025, prompting KeyBanc Capital Markets analyst Philip Gibbs to upgrade the stock to Overweight and set a price forecast of $14. The move reflects a more favorable risk-reward outlook for the steelmaker, which is capitalizing on robust domestic demand, aggressive cost-cutting, and strategic shifts amid a supportive policy environment.Cleveland-Cliffs reported a narrow ...
Verizon Beats Expectations, Boosts Outlook — Here's Why Analysts Still See More Room To Grow
Benzinga· 2025-07-22 17:49
Wall Street analysts rerated Verizon Communications VZ after the company reported its second-quarter results on Monday.Verizon reported quarterly revenue growth of 5.2% year-over-year (Y/Y), reaching $34.50 billion, topping the analyst consensus estimate of $33.57 billion. This growth was driven by its broad wireless and broadband offerings across market segments.Also Read: Verizon Teams Up With Nokia To Bring High-Tech 5G Boost To Busy British PortsVerizon reiterated a 2%-2.8% growth in wireless service re ...
Quest Diagnostics Raises Outlook, But Warns Of Tariff And Medicare Act Risks
Benzinga· 2025-07-22 17:10
Quest Diagnostics Inc. DGX delivered a robust second quarter in 2025, exceeding analyst expectations with strong sales and earnings growth, prompting an upward revision to its full-year guidance.However, the diagnostic test provider flagged potential headwinds from ongoing tariffs and the significant financial impact if the Protecting Access to Medicare Act (PAMA) is not deferred, setting the stage for a watchful eye on legislative and trade developments.For the second quarter of 2025, the company reported ...
Stock Of The Day: Turning Point For Coterra Energy?
Benzinga· 2025-07-22 15:53
Could Coterra Energy Inc. CTRA be on the brink of a surprising turnaround? As the stock approaches a key support level, traders are watching closely for signs that history might repeat itself in favor of a bullish reversal.Coterra Energy is quiet on Tuesday. But it may be about to reverse its recent trend and head higher, which is why it’s our Stock of the Day. The chart illustrates how traders can gain insight into where an uptrend or a downtrend may end.‘Sell at former tops' is a common expression on Wall ...
These Analysts Increase Their Forecasts On Roper Technologies After Strong Q2 Results
Benzinga· 2025-07-22 15:47
Roper Technologies ROP reported upbeat second-quarter results on Monday.It clocked quarterly adjusted earnings per share of $4.87, beating the street view of $4.83. Quarterly sales of $1.94 billion outpaced the analyst consensus estimate of $1.92 billion.Roper Technologies expects fiscal 2025 adjusted earnings per share of $19.90-$20.05 (up from the prior $19.80-$20.05), versus the $19.92 analyst consensus estimates. It also raised its full-year total revenue growth outlook to ~13% or $7.95 billion (compare ...