Company Overview - ATN International (ATNI) shares increased by 12.5% to close at $29.11, with trading volume significantly higher than usual, reflecting a strong market interest [1] - The stock has gained 18.7% over the past four weeks, indicating a positive trend [1] Recent Developments - The recent uptrend is primarily driven by the divestment of 214 towers and related operations in the Southwestern U.S. for up to $297 million in cash, which will help ATNI unlock value from its tower portfolio and reduce its debt [2] - This divestment is expected to enhance ATNI's liquidity and financial flexibility, allowing for investments in core operations aimed at sustainable long-term value creation [2] Financial Performance Expectations - ATN International is projected to report quarterly earnings of $0.03 per share, reflecting a significant year-over-year decline of 89.3%, while revenues are expected to reach $183.6 million, a 1.7% increase from the previous year [3] - The consensus EPS estimate for the upcoming quarter has remained unchanged over the last 30 days, suggesting that stock price movements may not sustain without trends in earnings estimate revisions [4] Industry Context - ATN International operates within the Zacks Wireless National industry, where Gogo (GOGO) is another player, having closed 1.8% higher at $3.99, but has seen a -19% return over the past month [4] - Gogo's consensus EPS estimate has decreased by 16% over the past month to $0.02, representing a 71.4% decline from the previous year, and it currently holds a Zacks Rank of 4 (Sell) [5]

Financial Performance - Agios Pharmaceuticals reported a loss of $1.85 per share in Q4 2025, which is narrower than the Zacks Consensus Estimate of a loss of $1.97 and compared to a loss of $1.74 per share in the same quarter last year [1][10] - Total revenues for Q4 2025 were $20 million, exceeding the Zacks Consensus Estimate of $10 million [1] - For the full year 2025, total revenues reached $54 million, reflecting a 48% year-over-year increase [10] Product Performance - The lead drug, mitapivat, is marketed as Pyrukynd and Aqvesme, with Pyrukynd approved for treating hemolytic anemia in adults with pyruvate kinase deficiency and Aqvesme for anemia in adults with alpha- or beta-thalassemia [2] - Pyrukynd generated $16 million in product revenues in the U.S., marking a 49% year-over-year increase and a 24% sequential increase [5] - Aqvesme was launched in the U.S. in December 2025 and is reported to have a strong start [3] Market Developments - Outside the U.S., mitapivat continues to be marketed as Pyrukynd for both PK deficiency and thalassemia indications, with a positive opinion from the European Medicines Agency for label expansion in thalassemia [4] - Agios recorded $4 million in revenues from Pyrukynd in the ex-U.S. market, primarily due to inventory stocking as the market transitioned to commercial supply [8] Research and Development - Research and development expenses increased by approximately 6.4% year-over-year to $88.1 million in Q4 2025, driven by higher costs related to pipeline development [9] - The company is developing mitapivat for sickle cell disease (SCD) and plans to engage with the FDA in Q1 2026 before filing for approval [11][13] - Agios is also developing another candidate, tebapivat, for SCD, with patient enrollment completed and top-line results expected in the second half of 2026 [13] Stock Performance - Over the past year, Agios' stock has decreased by 15.7%, while the industry has seen an increase of 17.9% [4]

Core Insights - KeyCorp's net interest income (NII) increased by 23% year-over-year to $4.67 billion in 2025, driven by strong commercial loan growth, improved deposit trends, lower funding costs, and balance sheet optimization, despite Federal Reserve rate cuts [1][8] KeyCorp's NII Growth Drivers - KeyCorp's NII (TE) experienced a compound annual growth rate (CAGR) of 2.8% from 2020 to 2025, rebounding strongly in 2025 after declines in 2023 and 2024 due to high deposit costs [3] - The commercial and industrial (C&I) loan portfolio grew by 9% in 2025, while the bank reduced lower-yielding consumer loans, enhancing asset yields and supporting NII growth [4][5] - Effective balance sheet repositioning, lower funding costs, and disciplined deposit pricing contributed to the NII growth in 2025 [5] Regional Peers Performance - PNC Financial Services Group reported a 6.6% year-over-year increase in NII (TE) to $14.5 billion, supported by lower funding costs and steady loan growth [2] - Huntington Bancshares' NII (TE) rose by 12% to $6 billion, driven by strong organic loan growth and net interest margin (NIM) expansion [2] NII Outlook for 2026 - KeyCorp anticipates an NII (TE) increase of 8-10% in 2026, with fourth-quarter NII projected to reach approximately $1.3 billion and NIM expected to expand to 3.00-3.05% [6][8] - Average loan growth of 1-2% and maintained deposit betas in the low-to-mid-50% range are expected to further support NII growth [6] Stock Performance - KeyCorp's shares have surged by 23.5% in the past three months, outperforming the industry's growth of 19.5% [7]

Core Insights - Palo Alto Networks, Inc. (PANW) is set to report its second-quarter fiscal 2026 results on February 17, projecting revenues between $2.57 billion and $2.59 billion, indicating a year-over-year increase of 14-15% [1][8] - The consensus estimate for PANW's fiscal second-quarter non-GAAP earnings remains at 93 cents per share, reflecting a 14.8% increase from the previous year [2] Revenue and Earnings Estimates - The Zacks Consensus Estimate for fiscal second-quarter revenues is pegged at $2.58 billion, suggesting a growth of 14.3% from the year-ago figure [1] - Earnings estimates for the current quarter have remained stable at 93 cents per share over the past 30 days [2][3] Performance Trends - Palo Alto Networks has consistently beaten the Zacks Consensus Estimate in the last four quarters, with an average surprise of 5.1% [3] - The company’s Next-Generation Security (NGS) Annual Recurring Revenues (ARR) grew by 29% year-over-year to $5.85 billion in the first quarter of fiscal 2026, driven by its platformization strategy [7] Market Dynamics - The company is experiencing a slowdown in sales growth, with revenue growth expected to remain in the mid-teen percentage range for fiscal 2026, down from mid-20s in fiscal 2023 [18][19] - NGS ARR growth has decelerated for six consecutive quarters, with expectations for fiscal 2026 indicating growth of 26-27%, a decline from 32% in fiscal 2025 [20] Strategic Factors - Palo Alto Networks' platformization strategy is enabling larger customers to adopt its full security platform, contributing to faster growth and larger deals [6][7] - Significant deals, such as an $85 million XSIAM deal with a U.S. telecom company and a $33 million SASE deal with a U.S. federal agency, highlight the trend of enterprises consolidating security budgets [9] Valuation and Stock Performance - PANW shares have declined by 19.6% over the past year, underperforming the Zacks Computer and Technology sector, which grew by 21.5% [12] - The company's forward 12-month price-to-sales (P/S) ratio is 10.22X, significantly higher than the sector's average of 6.51X [16][23]

Core Insights - ABM Industries is experiencing revenue growth driven by its strategic plan ELEVATE, which enhances transparency and efficiency while increasing AI investments through acquisitions [1][6] - The company reported mixed fourth-quarter 2025 results, with earnings per share of 88 cents, missing estimates by 20%, while total revenues reached $2.3 billion, exceeding estimates by 1.2% and increasing by 5.4% year over year [3][12] Financial Performance - ABM's free cash flow has significantly declined, impacting its ability to invest in growth, pay debt, or return capital to shareholders, which may affect shareholder confidence [9] - The company has low profit margins and faces significant competition, which compresses pricing power and affects overall financial performance [2][8] - ABM's current ratio stands at 1.49, indicating strong liquidity compared to the industry average of 1.14, reflecting immediate financial stability [8] Strategic Initiatives - The ELEVATE plan, a continuation of the 2020 Vision plan, focuses on growth through enhanced service offerings, talent management, data usage, and modernization of the digital ecosystem [4] - The acquisition of Quality Uptime Services strengthens ABM's capabilities in the data center industry, positioning the company for revenue growth in a high-margin segment [6] Market Challenges - ABM is exposed to macroeconomic risks that could negatively impact various segments, particularly the aviation business and the leisure and business travel market [10][11] - The commercial office market faces uncertainties due to the adoption of hybrid work models, which may reduce demand for ABM's services [11]

Core Insights - Penske Automotive Group (PAG) reported fourth-quarter 2025 adjusted earnings of $2.91 per share, a decrease of 17.8% year over year, missing the Zacks Consensus Estimate of $3.19. However, net sales reached $7.77 billion, surpassing the Zacks Consensus Estimate of $7.64 billion, and increased by 0.6% compared to the previous year [1][10]. Financial Performance - Gross profit for the quarter fell by 5.3% year over year to $1.24 billion, while operating income decreased by 20.8% to $275 million. Foreign currency exchange positively impacted revenues by $113.3 million, net income by $700,000, and earnings per share by 1 cent [2]. - Same-store retail units declined by 6.2% year over year to 115,898. In the Retail Automotive segment, same-store new-vehicle revenues decreased by 9.6% to $3.18 billion, while same-store used vehicle revenues increased by 2.8% to $2.10 billion [3]. Segmental Performance - Revenues in the Retail Automotive segment totaled $6.74 billion, a decline of 4.8% from the previous year, but exceeded the estimate of $6.73 billion. Total new and used vehicle deliveries fell by 9.5% year over year to 105,478 units, with gross profit at $1.07 billion, down 5.7% year over year, missing the estimate of $1.11 billion [4]. - Retail Commercial Truck segment revenues decreased by 6.2% to $725.4 million, beating the estimate of $652.4 million. Gross profit in this segment was $121.4 million, down from $138.1 million in the previous year, but exceeded the estimate of $106.1 million [5]. - The Commercial Vehicle Distribution and Other segment saw revenues increase by 35.3% to $303.3 million, surpassing the estimate of $257.4 million. Gross profit rose to $57.4 million from $45.8 million in the previous year, beating the estimate of $44.7 million [6]. Financial Tidbits - SG&A costs remained flat year over year at $924 million. As of December 31, 2025, Penske had cash and cash equivalents of $64.7 million, down from $83.6 million a year earlier. Long-term debt increased to $1.81 billion from $1.13 billion [7]. - In 2025, PAG repurchased 1,178,411 shares of common stock, with $247.5 million of stock repurchase authorization remaining outstanding. The company ended 2025 with approximately $1.6 billion in liquidity and raised its quarterly dividend by 2 cents to $1.40 per share, marking its 21st consecutive quarterly increase [8].

Core Viewpoint - Alliant Energy (LNT) is expected to report its fourth-quarter 2025 results on February 19, with a projected earnings per share (EPS) decline of 17.14% year-over-year and a revenue decrease of 3.91% year-over-year [1][2][8] Group 1: Earnings Expectations - The Zacks Consensus Estimate for LNT's earnings is set at 58 cents per share, reflecting a year-over-year decrease of 17.14% [2] - The revenue estimate for the quarter is $937.8 million, indicating a year-over-year decline of 3.91% [2] - Total electricity delivered is estimated at 8,181.71 megawatt-hours (MWh), which represents a slight increase of 0.81% year-over-year [2] Group 2: Factors Influencing Earnings - LNT's earnings are anticipated to benefit from a diversified and expanding customer base, along with robust economic development in its service territory, which is driving demand for utility services [3] - The successful integration of a new 100 MW battery energy storage system for a 200 MW solar project in Grant County, WI, is expected to positively impact quarterly performance [3] - Increased demand from data centers and effective cost control measures are also likely to support LNT's fourth-quarter earnings [4] Group 3: Earnings Prediction Model - The company's Earnings ESP (Earnings Surprise Prediction) is +0.58%, suggesting a potential earnings beat [5][8] - LNT currently holds a Zacks Rank of 3, indicating a neutral outlook [6][8]

Key Takeaways PacBio reported Q4 revenues of $44.6M, up 13.8%, beating estimates.PACB's adjusted gross margin expanded 900 bps to 41%, operating loss narrowed.PACB guides 2026 revenue to $165-$180M, up 3-12% year over year.Pacific Biosciences of California, Inc. (PACB) , popularly known as PacBio, delivered an adjusted loss per share of 12 cents in fourth-quarter 2025, narrower than the year-ago adjusted loss of 20 cents per share. The adjusted loss per share topped the Zacks Consensus Estimate by 36.8%.The ...

Core Insights - Aptiv Plc's revenue growth is driven by strategic acquisitions and investments in electrification, connectivity, and autonomy trends in the automotive sector [1][6] - The demand for advanced driver-assistance systems (ADAS) is creating opportunities for Aptiv's technological offerings [1] - The company faces challenges from a weakening global demand environment and rising operating costs, impacting profitability and scalability [2][8] Financial Performance - In Q4 2025, Aptiv reported adjusted earnings of $1.86 per share, exceeding the Zacks Consensus Estimate by 2.2% and increasing 6.3% year-over-year [3][10] - Total revenues for the same quarter were $5.15 billion, slightly above consensus estimates and reflecting a 10.8% year-over-year increase [3][10] Market Position and Strategy - Aptiv operates in a lucrative connected cars market, with increasing demand for security, personalization, and infotainment connectivity [4] - The company's "smart architecture" strategy enhances engine management and reduces power consumption, providing a competitive edge [5] - Recent acquisitions, including Wind River and Intercable Automotive Solutions, have strengthened Aptiv's position in automotive software solutions and vehicle architecture systems [6] Operational Challenges - The current ratio at the end of Q4 2025 was 1.74, slightly below the industry average of 1.81, indicating the company's ability to manage short-term debt [7] - The global semiconductor shortage is affecting vehicle production, which in turn impacts Aptiv's revenue [8] - Increased competition in the automotive industry is hindering Aptiv's profitability and innovation capabilities [8]

Core Insights - Rigetti Computing (RGTI) enters 2026 with a robust balance sheet, differentiating itself from peers reliant on frequent capital raises [1][2] - The company's liquidity exceeds $600 million, providing multi-year financial visibility and reducing near-term dilution risk [1][2] - Rigetti's resources are sufficient to fund planned system launches, including next-generation 100+ qubit platforms with approximately 99.5% fidelity and a 150+ qubit architecture [1][7] Financial Flexibility - Rigetti's revenue profile is uneven, primarily tied to government agencies and research institutions, making financial flexibility crucial [2] - Recent contract momentum and international engagement reinforce long-term relevance but do not mitigate quarterly volatility [2] - The strong balance sheet allows Rigetti to absorb delays and customization without external financing, enhancing its competitive position [2][3] Peer Updates - D-Wave Quantum (QBTS) achieved a technical milestone with scalable on-chip cryogenic control for gate-model quantum processors, reducing wiring complexity [4] - IonQ (IONQ) is deepening its relationship with the Korea Institute of Science and Technology Information by installing a next-generation 100-qubit system, highlighting its success with government-backed institutions [5] Price Performance and Valuation - Rigetti's shares have declined 16.6% over the last six months, compared to the industry's decline of 20.3% [6] - The company trades at a price-to-book ratio of 13.31, above the industry average, and carries a Value Score of F [9] - The Zacks Consensus Estimate for Rigetti's 2026 earnings indicates a significant 75.9% improvement from the previous year [10]