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Western Alliance (WAL) Q1 Earnings Surpass Estimates
ZACKS· 2025-04-21 22:45
Core Insights - Western Alliance (WAL) reported quarterly earnings of $1.79 per share, exceeding the Zacks Consensus Estimate of $1.78 per share, and up from $1.72 per share a year ago, representing an earnings surprise of 0.56% [1] - The company posted revenues of $788.2 million for the quarter ended March 2025, which missed the Zacks Consensus Estimate by 0.78%, but increased from $738.4 million year-over-year [2] - The stock has underperformed, losing about 20.6% since the beginning of the year compared to the S&P 500's decline of 10.2% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2 on revenues of $838.84 million, and for the current fiscal year, it is $8.67 on revenues of $3.41 billion [7] - The estimate revisions trend for Western Alliance is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Zacks Industry Rank for Banks - West is in the top 36% 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] - First Northwest Bancorp (FNWB), another company in the same industry, is expected to report quarterly earnings of $0.12 per share, reflecting a year-over-year change of +200% [9]
Cadence (CADE) Beats Q1 Earnings Estimates
ZACKS· 2025-04-21 22:45
Company Performance - Cadence reported quarterly earnings of $0.71 per share, exceeding the Zacks Consensus Estimate of $0.64 per share, and up from $0.62 per share a year ago, representing an earnings surprise of 10.94% [1] - The company posted revenues of $448.54 million for the quarter ended March 2025, which missed the Zacks Consensus Estimate by 0.67%, compared to year-ago revenues of $437.69 million [2] - Over the last four quarters, Cadence has surpassed consensus EPS estimates four times but has only topped consensus revenue estimates once [2] Stock Performance - Cadence shares have declined approximately 19% since the beginning of the year, while the S&P 500 has decreased by 10.2% [3] - The current consensus EPS estimate for the upcoming quarter is $0.68 on revenues of $463.98 million, and for the current fiscal year, it is $2.82 on revenues of $1.88 billion [7] Industry Outlook - The Zacks Industry Rank for Banks - Southeast, which includes Cadence, is currently in the top 36% of over 250 Zacks industries, indicating a favorable industry outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Cadence's stock performance [5]
Calix (CALX) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2025-04-21 22:35
Core Viewpoint - Calix reported quarterly earnings of $0.19 per share, exceeding the Zacks Consensus Estimate of $0.13 per share, although down from $0.21 per share a year ago [1][2] Financial Performance - The earnings surprise for the quarter was 46.15%, with the company having surpassed consensus EPS estimates three times over the last four quarters [2] - Calix's revenues for the quarter were $220.24 million, surpassing the Zacks Consensus Estimate by 6.37%, but down from $226.31 million year-over-year [3] Market Performance - Calix shares have declined approximately 3% since the beginning of the year, while the S&P 500 has decreased by 10.2% [4] - The current consensus EPS estimate for the upcoming quarter is $0.16 on revenues of $210.65 million, and for the current fiscal year, it is $0.71 on revenues of $859.52 million [8] Industry Outlook - The Internet - Software industry, to which Calix belongs, is currently ranked in the top 27% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [9]
Community West Bancshares (CWBC) Lags Q1 Earnings and Revenue Estimates
ZACKS· 2025-04-21 22:35
Community West Bancshares (CWBC) came out with quarterly earnings of $0.45 per share, missing the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.26%. A quarter ago, it was expected that this holding company for Central Valley Community Bank would post earnings of $0.45 per share when it actually produced earnings of $0.38, delivering a surprise ...
AZZ (AZZ) Q4 Earnings Surpass Estimates
ZACKS· 2025-04-21 22:30
AZZ (AZZ) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $0.93 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.16%. A quarter ago, it was expected that this electrical equipment maker would post earnings of $1.29 per share when it actually produced earnings of $1.39, delivering a surprise of 7.75%.Over the last four quarters, the comp ...
Medpace (MEDP) Q1 Earnings and Revenues Beat Estimates
ZACKS· 2025-04-21 22:30
Medpace (MEDP) came out with quarterly earnings of $3.67 per share, beating the Zacks Consensus Estimate of $3.06 per share. This compares to earnings of $3.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 19.93%. A quarter ago, it was expected that this provider of outsourced clinical development services would post earnings of $2.97 per share when it actually produced earnings of $3.67, delivering a surprise of 23.57%.Over ...
W.R. Berkley (WRB) Meets Q1 Earnings Estimates
ZACKS· 2025-04-21 22:30
W.R. Berkley (WRB) came out with quarterly earnings of $1.01 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.04 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this insurance company would post earnings of $0.94 per share when it actually produced earnings of $1.13, delivering a surprise of 20.21%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.W.R. Berkley, which bel ...
Flexsteel Industries (FLXS) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2025-04-21 22:30
Flexsteel Industries (FLXS) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 28.41%. A quarter ago, it was expected that this furniture maker would post earnings of $0.74 per share when it actually produced earnings of $0.95, delivering a surprise of 28.38%.Over the last four quarters, ...
Zions (ZION) Q1 Earnings Beat Estimates
ZACKS· 2025-04-21 22:30
Zions (ZION) came out with quarterly earnings of $1.24 per share, beating the Zacks Consensus Estimate of $1.20 per share. This compares to earnings of $1.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.33%. A quarter ago, it was expected that this financial holding company would post earnings of $1.26 per share when it actually produced earnings of $1.34, delivering a surprise of 6.35%.Over the last four quarters, the co ...
Hexcel (HXL) Q1 Earnings and Revenues Lag Estimates
ZACKS· 2025-04-21 22:30
Hexcel (HXL) came out with quarterly earnings of $0.37 per share, missing the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -13.95%. A quarter ago, it was expected that this maker of lightweight composite materials would post earnings of $0.51 per share when it actually produced earnings of $0.52, delivering a surprise of 1.96%.Over the last four ...