Shore Bancshares (SHBI) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2025-07-24 22:15
Company Performance - Shore Bancshares reported quarterly earnings of $0.51 per share, exceeding the Zacks Consensus Estimate of $0.41 per share, and up from $0.40 per share a year ago, representing an earnings surprise of +24.39% [1] - The company posted revenues of $56.57 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 5.08%, compared to year-ago revenues of $50.66 million [2] - Over the last four quarters, Shore Bancshares has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Outlook - The stock has added about 4.9% since the beginning of the year, while the S&P 500 has gained 8.1% [3] - The current consensus EPS estimate for the coming quarter is $0.42 on revenues of $54.78 million, and for the current fiscal year, it is $1.67 on revenues of $217.05 million [7] - The estimate revisions trend for Shore Bancshares was favorable ahead of the earnings release, resulting in a Zacks Rank 1 (Strong Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Zacks Industry Rank for Banks - Northeast is currently in the top 23% of over 250 Zacks industries, suggesting a favorable outlook for the sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
WSFS Financial (WSFS) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2025-07-24 22:15
WSFS Financial (WSFS) came out with quarterly earnings of $1.27 per share, beating the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $1.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +12.39%. A quarter ago, it was expected that this bank holding company would post earnings of $1.04 per share when it actually produced earnings of $1.13, delivering a surprise of +8.65%.Over the last four quarters, ...
Pacific Premier Bancorp (PPBI) Tops Q2 Earnings Estimates
ZACKS· 2025-07-24 22:15
Core Viewpoint - Pacific Premier Bancorp (PPBI) reported quarterly earnings of $0.39 per share, exceeding the Zacks Consensus Estimate of $0.34 per share, but down from $0.43 per share a year ago [1][2] Group 1: Earnings Performance - The quarterly earnings surprise was +14.71%, with the company previously expected to post earnings of $0.30 per share but actually delivering $0.37, resulting in a surprise of +23.33% [2] - Over the last four quarters, the company has surpassed consensus EPS estimates three times [2] Group 2: Revenue Performance - Pacific Premier Bancorp reported revenues of $144.32 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 0.88%, compared to $154.62 million in the same quarter last year [3] - The company has topped consensus revenue estimates two times over the last four quarters [3] Group 3: Stock Performance and Outlook - The stock has lost about 11.1% since the beginning of the year, while the S&P 500 has gained 8.1% [4] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes [5] - The current consensus EPS estimate for the coming quarter is $0.36 on revenues of $149.37 million, and $1.43 on revenues of $590.6 million for the current fiscal year [8] Group 4: Industry Context - The Financial - Savings and Loan industry, to which Pacific Premier Bancorp belongs, is currently in the bottom 26% of over 250 Zacks industries, indicating potential challenges ahead [9] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [6][7]
First Business Financial Services (FBIZ) Q2 Earnings Match Estimates
ZACKS· 2025-07-24 22:11
Financial Performance - First Business Financial Services reported quarterly earnings of $1.35 per share, matching the Zacks Consensus Estimate, and an increase from $1.23 per share a year ago [1] - The company posted revenues of $41.04 million for the quarter ended June 2025, which was 0.79% below the Zacks Consensus Estimate, compared to $37.97 million in the same quarter last year [2] - Over the last four quarters, the company has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Performance - First Business Financial Services shares have increased approximately 15.6% since the beginning of the year, outperforming the S&P 500's gain of 8.1% [3] - The current status of estimate revisions translates into a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the coming quarter is $1.34 on revenues of $42.37 million, and for the current fiscal year, it is $5.45 on revenues of $167.8 million [7] - The outlook for the industry, specifically the Banks - Midwest sector, is currently in the top 29% of over 250 Zacks industries, suggesting a favorable environment for stock performance [8]
McGrath (MGRC) Q2 Earnings and Revenues Top Estimates
ZACKS· 2025-07-24 22:11
McGrath (MGRC) came out with quarterly earnings of $1.46 per share, beating the Zacks Consensus Estimate of $1.3 per share. This compares to earnings of $1.2 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +12.31%. A quarter ago, it was expected that this business-to-business rental company would post earnings of $1.02 per share when it actually produced earnings of $1.15, delivering a surprise of +12.75%.Over the last four qu ...
Burke & Herbert Financial Services (BHRB) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2025-07-24 22:11
Financial Performance - Burke & Herbert Financial Services reported quarterly earnings of $1.97 per share, exceeding the Zacks Consensus Estimate of $1.85 per share, but down from $2.04 per share a year ago, representing an earnings surprise of +6.49% [1] - The company posted revenues of $87.11 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.41%, compared to year-ago revenues of $69.27 million [2] Stock Performance - Burke & Herbert shares have increased approximately 4.1% since the beginning of the year, while the S&P 500 has gained 8.1% [3] - The current status of estimate revisions for Burke & Herbert translates into a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.93 on revenues of $87.4 million, and for the current fiscal year, it is $7.53 on revenues of $344.4 million [7] - The outlook for the Financial - Miscellaneous Services industry is favorable, ranking in the top 38% of over 250 Zacks industries, suggesting that stocks in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8]
SkyWest (SKYW) Q2 Earnings and Revenues Top Estimates
ZACKS· 2025-07-24 22:11
Core Viewpoint - SkyWest (SKYW) reported quarterly earnings of $2.91 per share, exceeding the Zacks Consensus Estimate of $2.34 per share, and showing a significant increase from $1.82 per share a year ago, indicating strong financial performance [1][2] Financial Performance - The company achieved revenues of $1.04 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 5.29%, compared to $867.12 million in the same quarter last year [2] - Over the last four quarters, SkyWest has consistently surpassed consensus EPS estimates, indicating a strong track record of performance [2][6] Stock Performance - SkyWest shares have increased approximately 13.3% since the beginning of the year, outperforming the S&P 500's gain of 8.1% [3] - The stock currently holds a Zacks Rank 2 (Buy), suggesting it is expected to outperform the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $2.35 on revenues of $990.38 million, while for the current fiscal year, the estimate is $9.36 on revenues of $3.91 billion [7] - The outlook for the airline industry, where SkyWest operates, is favorable, with the Transportation - Airline sector ranking in the top 39% of Zacks industries, indicating potential for continued performance [8]
ProCap BTC LLC and Columbus Circle Capital Corporation I Announce Filing of a Draft Registration Statement on Form S-4 with the SEC
Prnewswire· 2025-07-24 22:11
NEW YORK, July 24, 2025 /PRNewswire/ -- ProCap BTC LLC ("ProCap BTC"), a company focused on holding bitcoin, educating people about bitcoin and other bitcoin-related activities, and Columbus Circle Capital Corp I ("CCCM") (Nasdaq: CCCM), a special-purpose acquisition company, announced the recent confidential submission by ProCap Financial, Inc. ("ProCap Financial") of a draft registration statement on Form S-4 with the U.S. Securities and Exchange Commission (the "SEC").The draft registration statement rel ...
Goodyear Tire & Rubber Company Remains One Of The Most Compelling Prospects In The Market
Seeking Alpha· 2025-07-24 22:05
We don't know exactly when yet, but likely early next month, The Goodyear Tire & Rubber Company (NASDAQ: GT ) will report financial results for the second quarter of the company's 2025 fiscal year. I'm very interested in what the companyCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth c ...
VSTS DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages Vestis Corporation Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – VSTS
GlobeNewswire News Room· 2025-07-24 22:03
NEW YORK, July 24, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Vestis Corporation (NYSE: VSTS) between May 2, 2024 and May 6, 2025, both dates inclusive (the “Class Period”), of the important August 8, 2025 lead plaintiff deadline. SO WHAT: If you purchased Vestis securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO N ...