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What's in Store for Canadian Pacific Kansas City in Q3 Earnings?
ZACKS· 2024-10-16 15:10
Canadian Pacific Kansas City Limited (CP) is scheduled to report third-quarter 2024 results on Oct. 23, after market close. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. CP has an encouraging earnings surprise history, having surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missing once. The average beat is 2.2%. Given this backdrop, let's examine the factors that might have influenced CP's performance in the quarter to be reported. High fuel costs ...
Earnings Preview: City Holding (CHCO) Q3 Earnings Expected to Decline
ZACKS· 2024-10-15 15:06
Core Viewpoint - City Holding (CHCO) is anticipated to report a year-over-year decline in earnings despite an increase in revenues for the quarter ended September 2024, with the consensus EPS estimate at $1.92, reflecting a -3% change from the previous year, while revenues are expected to reach $73.9 million, a 0.9% increase [1][3]. Earnings Expectations - The stock may experience upward movement if the actual earnings exceed expectations, while a miss could lead to a decline [2]. - The management's discussion during the earnings call will significantly influence the sustainability of any immediate price changes and future earnings expectations [2]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [4]. - The Most Accurate Estimate for City Holding is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +0.78%, suggesting recent bullish sentiment among analysts [10]. Earnings Surprise History - In the last reported quarter, City Holding exceeded the expected EPS of $1.88 by delivering $1.96, resulting in a surprise of +4.26% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [13]. Zacks Rank and Predictive Power - City Holding currently holds a Zacks Rank of 4, which complicates the prediction of an earnings beat despite the positive Earnings ESP [11]. - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a favorable Zacks Rank [8]. Industry Comparison - Regions Financial (RF), another player in the Zacks Banks - Southeast industry, is expected to report earnings of $0.53 per share, reflecting an 8.2% year-over-year increase, with revenues projected at $1.79 billion, a 3.9% decline from the previous year [17]. - The consensus EPS estimate for Regions Financial has been revised 0.8% higher in the last 30 days, but a lower Most Accurate Estimate has resulted in an Earnings ESP of -2.09%, making it difficult to predict an earnings beat [18].
SYGMA Kansas City Warehouse Colleagues Ratify Agreement Reached With the International Brotherhood of Teamsters Local 955, Return to Work After Just 24 Hours
GlobeNewswire News Room· 2024-10-15 14:30
KANSAS CITY, Mo., Oct. 15, 2024 (GLOBE NEWSWIRE) -- SYGMA Kansas City is pleased that our warehouse colleagues—represented by the International Brotherhood of Teamsters Local 955—have ratified a new collective bargaining agreement, ending the strike that began just 24 hours ago. We urge the Teamsters to always resolve issues at the negotiating table so we can avoid situations like this which are disruptive to our colleagues, their families, our communities, and our customers. "From the beginning, we had off ...
Ocean Power Technologies to Present at the MicroCap Rodeo Fall Conference in New York City on October 16th, 2024
GlobeNewswire News Room· 2024-10-11 12:15
MONROE TOWNSHIP, N.J., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) ("OPT" or the "Company"), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it will be participating in the MicroCap Rodeo Fall Conference, which will be held on Wednesday, October 16th, 2024, in New York City. "We're excited to share how Ocean Power Technologies is advancing autonomous solutions that harness renewable energy to meet ...
The Zacks Analyst Blog Berkshire Hathaway, Canadian Pacific Kansas City, American International and Steel Partners
ZACKS· 2024-10-11 10:01
For Immediate Releases Chicago, IL – October 11, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Berkshire Hathaway Inc. (BRK.B) , Canadian Pacific Kansas City Ltd. (CP) , American International Group, Inc. (AIG) and Steel Partners Holdings L.P. (SPLP) . Here are highlights from Friday's Analyst Blog: Top Analyst ...
Consolidated Edison: New York City Isn't Going Anywhere
Seeking Alpha· 2024-10-11 09:32
Group 1 - The company PropNotes specializes in identifying high-yield investment opportunities for individual investors, leveraging their expertise in professional Prop Trading to simplify complex concepts [1] - PropNotes aims to provide clear, actionable advice to help investors achieve better returns, and occasionally shares exclusive options strategies to enhance performance [1] - All content produced by PropNotes is designed to assist investors in making informed market decisions, supported by unique expert research [1]
Party City Announces 2024's Hottest Costume Trends
Prnewswire· 2024-10-10 13:00
Descendants, Wolverine, Beetlejuice, Nostalgia vibes and the most creative Mommy and Me looks top the list! WOODCLIFF LAKE, N.J., Oct. 10, 2024 /PRNewswire/ -- Halloween is in full swing with only 24 days to go and Party City is sharing the full rundown on the creative characters, creatures and more you can expect to see knocking on your door this October 31st. The specialty retailer works hard all year to predict what the hottest trends will be for kids, adults, thrill seekers and fun lovers alike - but de ...
Valneva Hosts Investor Day in New York City
GlobeNewswire News Room· 2024-10-10 05:00
Live event and webcast TODAY at 10 AM ET Saint Herblain (France), October 10, 2024 –Valneva SE (Nasdaq: VALN; Euronext Paris: VLA), a specialty vaccine company, is hosting an investor day today in New York City to discuss the Company's key value drivers over the next 12-18 months and beyond. Valneva's Chief Executive Officer Thomas Lingelbach, Chief Financial Officer Peter Bühler, and other members of the Company's senior leadership team will highlight the Company's substantial opportunity for its Lyme dise ...
City Office REIT Announces Third Quarter 2024 Earnings Release and Conference Call
Prnewswire· 2024-10-08 20:05
VANCOUVER, Oct. 8, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter ended September 30, 2024, before the market opens on Thursday, October 31, 2024. City Office's management will hold a conference call at 11:00 am Eastern Time on October 31, 2024 to discuss the Company's financial results. Additionally, a supplemental financial package to accompany the discussion of the results will be posted on www ...
Kansas City University Sets New Standard in Point-of-Care Ultrasound Education with AI-Guided Training Curriculum
Prnewswire· 2024-10-08 15:11
KCU incorporates Butterfly Network's AI-guided ScanLab™ education application into its curriculum to empower dedicated, hands-on ultrasound training. KANSAS CITY, Mo. and BURLINGTON, Mass., Oct. 8, 2024 /PRNewswire/ -- Kansas City University (KCU) is revolutionizing medical education by becoming a leader in point-of-care ultrasound (POCUS) training. In collaboration with Butterfly Network, Inc. ("Butterfly") (NYSE: BFLY), KCU transformed its POCUS training curriculum by debuting a first-of-its-kind, hands-o ...