Conagra Brands Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2025-07-02 14:22
Group 1 - Conagra Brands, Inc. is set to release its fourth-quarter earnings results on July 10, with analysts expecting earnings of 61 cents per share, unchanged from the previous year [1] - The company is projected to report quarterly revenue of $2.88 billion, a decrease from $2.91 billion a year earlier [1] - On June 25, Conagra Brands announced plans to eliminate certified food, drug, and cosmetic colors from its U.S. frozen product portfolio by the end of 2025 [2] Group 2 - Conagra Brands shares increased by 2.8%, closing at $21.05 on a recent Tuesday [2] - Several analysts have downgraded the stock, with B of A Securities lowering its rating from Neutral to Underperform and cutting the price target from $27 to $20 [8] - Goldman Sachs also downgraded the stock from Neutral to Sell, reducing the price target from $26 to $21 [8] - Wells Fargo maintained an Equal-Weight rating but decreased the price target from $27 to $23 [8] - JP Morgan kept a Neutral rating while cutting the price target from $26 to $25 [8] - Morgan Stanley initiated coverage with an Equal-Weight rating and a price target of $27 [8]
Kuehn Law Encourages Investors of NET Power Inc. to Contact Law Firm
GlobeNewswire News Room· 2025-07-02 14:22
NEW YORK, July 02, 2025 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of NET Power Inc. (NYSE: NPWR) breached their fiduciary duties to shareholders. According to a federal securities lawsuit, Insiders at NET Power caused the company to misrepresent or fail to disclose that (i) Net Power was unlikely to complete Project Permian on schedule, and the project was likely to be significantly more expensive than had been represented ...
Kuehn Law Encourages Investors of Avis Budget Group, Inc. to Contact Law Firm
GlobeNewswire News Room· 2025-07-02 14:20
NEW YORK, July 02, 2025 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Avis Budget Group, Inc. (NYSE: CAR) breached their fiduciary duties to shareholders. According to a federal securities lawsuit, Insiders at Avis caused the company to misrepresent or fail to disclose that (i) Avis Budget crafted and implemented a plan to significantly accelerate its fleet rotation in the fourth quarter of 2024; (ii) the foregoing accelera ...
DICK'S Sporting Goods Announces DICK'S Deal Days, a Four-Day Summer Savings Event
Prnewswire· 2025-07-02 14:17
Athletes can shop hundreds of deals from top brands July 7–10, online and via the DICK'S mobile appPITTSBURGH, July 2, 2025 /PRNewswire/ -- DICK'S Sporting Goods (NYSE: DKS) today announced DICK'S Deal Days, a four-day savings event running Monday, July 7 through Thursday, July 10. Timed to peak summer activity, travel and youth sports season, DICK'S Deal Days is the brand's biggest sale of the summer, with new deals dropping daily.Whether shopping online at DICKS.com or through the DICK'S mobile app, athle ...
Is Walmart Set to Win Big as Back-to-School Shopping Starts Early?
ZACKS· 2025-07-02 14:16
Key Takeaways WMT kicks off its summer savings event July 8-13 with deals in school supplies and electronics among others. WMT targets early shoppers with discounts, Walmart early access and AI-powered shopping tools. WMT's value strategy and flexible delivery options aim to drive traffic amid family budget pressures.Walmart Inc. (WMT) is kicking off the back-to-school season with a bang, launching its Walmart Deals summer savings event from July 8 to 13. The six-day sale promises deep discounts across el ...
QUBT Soars on Quantum Communication Breakthrough: More Upside Ahead?
ZACKS· 2025-07-02 14:16
Key Takeaways QUBT ships its first entangled photon source, entering the quantum communication market. The product supports secure quantum networking and is compatible with current fiber optics. QUBT plans to miniaturize future devices using TFLN tech at its Tempe foundry for better integration.In June 2025, Quantum Computing Inc. (QUBT) achieved a pivotal milestone with the shipment of its first commercial entangled photon source. This marked the company’s formal entry into the emerging market of quantum ...
UniFirst (UNF) Surpasses Q3 Earnings Estimates
ZACKS· 2025-07-02 14:16
UniFirst (UNF) came out with quarterly earnings of $2.17 per share, beating the Zacks Consensus Estimate of $2.12 per share. This compares to earnings of $2.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +2.36%. A quarter ago, it was expected that this uniform provider would post earnings of $1.31 per share when it actually produced earnings of $1.4, delivering a surprise of +6.87%.Over the last four quarters, the company ...
Phibro Animal Health Corporation (PAHC) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2025-07-02 14:16
A strong stock as of late has been Phibro Animal Health (PAHC) . Shares have been marching higher, with the stock up 9.5% over the past month. The stock hit a new 52-week high of $26.77 in the previous session. Phibro has gained 26.8% since the start of the year compared to the -2.7% gain for the Zacks Medical sector and the 7.6% return for the Zacks Medical - Products industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnin ...
New Stellantis CEO taps Kuniskis to oversee Americas brands, brings back SRT division
CNBC· 2025-07-02 14:13
Leadership Changes - New Stellantis CEO Antonio Filosa has promoted Tim Kuniskis to oversee all American brands and lead marketing and retail strategy in North America [1] - Kuniskis remains CEO of Ram and has a broader role across the company's U.S. operations [2] Strategic Initiatives - Stellantis is reviving the Street and Racing Technology (SRT) performance division, which will focus on high-performance vehicles and motorsports [2] - Kuniskis is leading a major product launch at Ram, with plans to introduce 25 new products over the next 18 months [3] Product Development - The return of the popular V-8 Hemi engines for Ram 1500 full-size pickup trucks has been announced, with availability expected in early 2026 [3]
US Stocks Mixed; UniFirst Shares Fall After Q3 Results
Benzinga· 2025-07-02 14:11
U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining around 50 points on Wednesday.Following the market opening Wednesday, the Dow traded down 0.22% to 44,398.83 while the NASDAQ gained 0.25% to 20,252.83. The S&P 500 also fell, dropping, 0.02% to 6,196.53.Check This Out: How To Earn $500 A Month From Microsoft StockLeading and Lagging SectorsMaterials shares jumped by 0.5% on Wednesday.In trading on Wednesday, health care stocks fell by 0.6%.Top HeadlineShares of UniFirst Corporation UN ...