Verint (VRNT) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-06-04 23:01
Group 1 - Verint Systems reported revenue of $208.1 million for the quarter ended April 2025, a decrease of 6% year-over-year, with EPS at $0.29 compared to $0.59 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of $195.02 million by 6.71%, while the EPS fell short of the consensus estimate of $0.30 by 3.33% [1] - Over the past month, Verint's shares returned +2.9%, underperforming the Zacks S&P 500 composite's +5.2% change [3] Group 2 - Nonrecurring perpetual revenue (non-GAAP) was reported at $17.02 million, below the average estimate of $20.53 million from three analysts [4] - Total recurring revenue reached $173.62 million, exceeding the average estimate of $155.03 million from three analysts [4] - Nonrecurring professional services revenue (non-GAAP) was $17.45 million, lower than the average estimate of $21.12 million from three analysts [4] - Support revenue (non-GAAP) was reported at $21.13 million, compared to the average estimate of $23.37 million from three analysts [4]
PVH (PVH) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-06-04 23:01
Core Insights - PVH reported revenue of $1.98 billion for the quarter ended April 2025, reflecting a 1.6% increase year-over-year and surpassing the Zacks Consensus Estimate of $1.94 billion by 2.49% [1] - The company's EPS was $2.30, down from $2.45 in the same quarter last year, but exceeded the consensus estimate of $2.24 by 2.68% [1] Revenue Breakdown - Tommy Hilfiger generated revenue of $1.05 billion, exceeding the average estimate of $1.02 billion by analysts, marking a year-over-year increase of 3.4% [4] - Total revenue for Calvin Klein was $886.10 million, slightly above the estimated $876.14 million, but showed a minor decline of 0.1% compared to the previous year [4] - Heritage Brands reported revenue of $49.40 million, surpassing the average estimate of $43.23 million, although this represented a year-over-year decrease of 4.6% [4] Stock Performance - PVH shares have returned 16.5% over the past month, outperforming the Zacks S&P 500 composite, which increased by 5.2% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]
Broadwind Announces Sale of Industrial Fabrication Operations in Manitowoc, Wisconsin
GlobeNewswire· 2025-06-04 23:00
Divestiture of the Manitowoc, WI facility optimizes asset base and improves operating leverage Further diversifies BWEN’s business toward higher-margin precision manufacturing segments Significantly enhances liquidity, while reducing net leverage and supporting capital deployment priorities CICERO, Ill., June 04, 2025 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN, or the “Company”), a diversified precision manufacturer of specialized components and equipment serving global markets, today announced that it has ...
Commvault Systems (CVLT) Stock Sinks As Market Gains: Here's Why
ZACKS· 2025-06-04 22:56
Company Performance - Commvault Systems closed at $182.01, reflecting a -0.67% change from the previous session, underperforming the S&P 500 which gained 0.01% [1] - The stock has increased by 6.39% over the past month, lagging behind the Computer and Technology sector's 7.95% gain and outperforming the S&P 500's 5.2% increase [1] Upcoming Earnings - The company is expected to report an EPS of $0.97, representing a 14.12% growth year-over-year [2] - Revenue is forecasted to be $268.63 million, indicating a 19.57% increase compared to the same quarter last year [2] Fiscal Year Estimates - For the entire fiscal year, earnings are projected at $4.11 per share, reflecting a +12.6% change from the previous year [3] - Revenue is estimated at $1.13 billion, indicating a +13.97% growth year-over-year [3] Analyst Sentiment - Recent changes in analyst estimates suggest a positive outlook for Commvault Systems, indicating optimism about the company's business and profitability [3][4] - The Zacks Rank system currently rates Commvault Systems as 2 (Buy), with a Forward P/E ratio of 44.61, which is a premium compared to the industry average of 26.02 [5] Industry Context - The Computer - Software industry is part of the Computer and Technology sector, currently holding a Zacks Industry Rank of 52, placing it in the top 22% of over 250 industries [6] - The top 50% rated industries tend to outperform the bottom half by a factor of 2 to 1 [6]
Delta Air Lines (DAL) Rises Higher Than Market: Key Facts
ZACKS· 2025-06-04 22:56
Core Viewpoint - Delta Air Lines is experiencing a mixed performance in the stock market, with a recent increase in stock price but a forecasted decline in earnings and revenue for the upcoming quarter and full year [1][2][3]. Company Performance - Delta Air Lines' stock closed at $48.98, reflecting a +0.31% change, outperforming the S&P 500's gain of 0.01% [1]. - The stock has increased by 8.97% over the past month, surpassing the Transportation sector's gain of 5.04% and the S&P 500's gain of 5.2% [1]. Earnings Forecast - The upcoming earnings report is expected to show an EPS of $1.90, which is a decrease of 19.49% compared to the same quarter last year [2]. - Quarterly revenue is projected to be $16.13 billion, down 3.2% from the previous year [2]. - Full-year earnings are estimated at $5.06 per share and revenue at $60.9 billion, indicating year-over-year declines of -17.86% and -1.2%, respectively [3]. Analyst Estimates - Recent changes in analyst estimates for Delta Air Lines are crucial as they reflect the evolving business trends [3]. - The Zacks Rank system currently rates Delta Air Lines as 5 (Strong Sell), indicating a negative outlook [5]. Valuation Metrics - Delta Air Lines has a Forward P/E ratio of 9.65, which is higher than the industry average of 9.29 [6]. - The company's PEG ratio stands at 2.48, compared to the industry average PEG ratio of 0.9 [6]. Industry Context - The Transportation - Airline industry has a Zacks Industry Rank of 163, placing it in the bottom 34% of over 250 industries [7]. - The performance of the top 50% rated industries is significantly better than that of the bottom half, with a 2 to 1 outperformance ratio [7].
Diversified Energy Company PLC (DEC) Rises Higher Than Market: Key Facts
ZACKS· 2025-06-04 22:56
Company Performance - Diversified Energy Company PLC (DEC) ended the latest trading session at $14.13, reflecting a +0.28% change from the previous day's close, outperforming the S&P 500's 0.01% gain [1] - The stock has increased by 8.97% over the past month, surpassing the Oils-Energy sector's gain of 4.32% and the S&P 500's gain of 5.2% [1] Earnings Estimates - For the full year, Zacks Consensus Estimates project earnings of $1.99 per share and revenue of $1.65 billion, indicating changes of +2.05% and +89.86% from the prior year, respectively [2] Analyst Estimates - Recent changes in analyst estimates for Diversified Energy Company PLC should be monitored, as positive revisions are seen as a favorable indicator for the company's business outlook [3] Valuation Metrics - The company currently has a Forward P/E ratio of 7.08, which is a discount compared to the industry's average Forward P/E of 19.74 [6] - The Alternative Energy - Other industry, part of the Oils-Energy sector, holds a Zacks Industry Rank of 160, placing it in the bottom 35% of over 250 industries [6] Zacks Rank - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates Diversified Energy Company PLC as 5 (Strong Sell), with the Zacks Consensus EPS estimate having decreased by 42.15% over the past month [5]
Australian Oilseeds Holdings Limited Announces Receipt of Nasdaq Notification Regarding Filing Delinquency
GlobeNewswire· 2025-06-04 22:53
Company Overview - Australian Oilseeds Holdings Limited is a manufacturer and seller of sustainable edible oils, focusing on non-GMO and organic products [3] - The company operates the largest cold pressing oil plant in Australia, dedicated to producing GMO-free conventional and organic oilseeds [3] Compliance and Reporting - The company received a notification from Nasdaq on May 27, 2025, regarding its delinquency in filing the Quarterly Report on Form 10-Q for the period ended March 31, 2025 [1] - On May 30, 2025, the company filed the required Form 10-Q, regaining compliance and eliminating the need to submit a formal plan to Nasdaq [2]
Appeals court denies Apple's bid to pause App Store order in yearslong feud against ‘Fortnite' maker
New York Post· 2025-06-04 22:52
Core Points - Apple has been denied a request to pause parts of a federal judge's order that mandates the company to open its App Store to increased competition [1][5] - The ruling is part of an ongoing antitrust lawsuit initiated by Epic Games, the maker of "Fortnite" [8][10] Group 1: Legal Proceedings - US District Judge Yvonne Gonzalez Rogers found Apple in contempt of a previous injunction related to the Epic Games case [2] - The judge's April order required Apple to cease practices that circumvented the injunction, including a 27% fee imposed on app developers for purchases made outside the App Store [3][9] - The court has prohibited Apple from restricting developers from placing links for external purchases [4] Group 2: Reactions and Implications - Apple expressed disappointment over the decision and plans to continue its appeal [3] - Epic Games claims that Apple's actions are an attempt to evade competition and continue collecting fees that have been barred [7] - Since the injunction, Epic noted a surge in competition as developers have improved payment methods and consumer choices [7]
Advanced Micro Devices (AMD) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2025-06-04 22:51
Core Viewpoint - Advanced Micro Devices (AMD) is experiencing positive stock performance and is preparing for an upcoming earnings disclosure, with mixed expectations for earnings and revenue growth. Group 1: Stock Performance - AMD closed at $118.58, reflecting a +1.08% increase from the previous day, outperforming the S&P 500's daily gain of 0.01% [1] - Over the past month, AMD shares gained 18.95%, significantly surpassing the Computer and Technology sector's gain of 7.95% and the S&P 500's gain of 5.2% [1] Group 2: Earnings Expectations - The upcoming EPS for AMD is projected at $0.60, indicating a 13.04% decline compared to the same quarter last year [2] - Revenue is expected to reach $7.41 billion, representing a 27% increase from the year-ago quarter [2] Group 3: Fiscal Year Projections - For the entire fiscal year, earnings are estimated at $4.02 per share, reflecting a +21.45% change from the previous year [3] - Revenue for the fiscal year is projected at $31.78 billion, indicating a +23.24% increase from the prior year [3] Group 4: Analyst Estimates and Rankings - Recent changes to analyst estimates for AMD suggest positive short-term business trends, which are generally viewed as favorable for the company's outlook [4] - The Zacks Rank system currently rates AMD at 3 (Hold), with a recent 11.93% decrease in the consensus EPS estimate over the last 30 days [6] Group 5: Valuation Metrics - AMD is trading at a Forward P/E ratio of 29.21, which is higher than the industry average of 17.85, indicating a premium valuation [7] - The company has a PEG ratio of 1.19, compared to the industry average PEG ratio of 1.89, suggesting a more favorable growth expectation relative to its price [8] Group 6: Industry Context - The Computer - Integrated Systems industry, which includes AMD, ranks 43 in the Zacks Industry Rank, placing it in the top 18% of over 250 industries [9]
Citigroup (C) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2025-06-04 22:51
Group 1: Company Performance - Citigroup's stock closed at $76.40, reflecting a slight decrease of -0.17% from the previous day, underperforming the S&P 500's gain of 0.01% [1] - Over the past month, Citigroup's shares have increased by 10.16%, outperforming the Finance sector's gain of 3.54% and the S&P 500's gain of 5.2% [1] - Analysts expect Citigroup to report earnings of $1.71 per share on July 15, 2025, indicating a year-over-year growth of 12.5% [2] - The full-year Zacks Consensus Estimates predict earnings of $7.32 per share and revenue of $83.72 billion, representing year-over-year changes of +23.03% and +3.18%, respectively [3] Group 2: Analyst Projections and Estimates - Recent shifts in analyst projections for Citigroup are important to monitor, as positive estimate revisions can indicate a favorable business outlook [4] - The Zacks Rank system, which integrates estimate changes, currently ranks Citigroup at 3 (Hold), with a recent upward shift of 0.46% in the EPS estimate [6] Group 3: Valuation Metrics - Citigroup is trading at a Forward P/E ratio of 10.46, which is below the industry average of 14.5, indicating a discount compared to its peers [7] - The company has a PEG ratio of 0.6, significantly lower than the Financial - Investment Bank industry's average PEG ratio of 1.24 [8]