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Kforce (KFRC) Lags Q2 Earnings Estimates
ZACKS· 2025-07-28 22:41
Kforce (KFRC) came out with quarterly earnings of $0.59 per share, missing the Zacks Consensus Estimate of $0.6 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.67%. A quarter ago, it was expected that this staffing company would post earnings of $0.48 per share when it actually produced earnings of $0.45, delivering a surprise of -6.25%.Over the last four quarters, the company h ...
Waste Management (WM) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2025-07-28 22:41
Waste Management (WM) came out with quarterly earnings of $1.92 per share, beating the Zacks Consensus Estimate of $1.89 per share. This compares to earnings of $1.82 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +1.59%. A quarter ago, it was expected that this garbage and recycling hauler would post earnings of $1.65 per share when it actually produced earnings of $1.67, delivering a surprise of +1.21%.Over the last four qu ...
Veralto (VLTO) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2025-07-28 22:41
Veralto (VLTO) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +4.49%. A quarter ago, it was expected that this water and product quality services provider would post earnings of $0.87 per share when it actually produced earnings of $0.95, delivering a surprise of +9.2%.Over the last ...
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates FL, ENZB, HSON on Behalf of Shareholders
Prnewswire· 2025-07-28 22:37
NEW YORK, July 28, 2025 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:Foot Locker, Inc. (NYSE: FL)'s sale to DICK'S Sporting Goods, Inc. Under the terms of the proposed transaction, Foot Locker shareholders can elect to receive either (i) $24.00 in cash or (ii) 0.1168 shares of DICK'S common stock for each share of Foot Locker commo ...
Enterprise Financial Services (EFSC) Tops Q2 Earnings and Revenue Estimates
ZACKS· 2025-07-28 22:36
Enterprise Financial Services (EFSC) came out with quarterly earnings of $1.37 per share, beating the Zacks Consensus Estimate of $1.2 per share. This compares to earnings of $1.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +14.17%. A quarter ago, it was expected that this financial holding company would post earnings of $1.17 per share when it actually produced earnings of $1.31, delivering a surprise of +11.97%.Over the ...
COPT Defense (CDP) Q2 FFO and Revenues Beat Estimates
ZACKS· 2025-07-28 22:36
Group 1 - COPT Defense (CDP) reported quarterly funds from operations (FFO) of $0.68 per share, exceeding the Zacks Consensus Estimate of $0.67 per share, and up from $0.64 per share a year ago [1][2] - The company achieved revenues of $189.92 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 3.13%, compared to $187.34 million in the same quarter last year [3] - COPT Defense has outperformed consensus FFO estimates two times and revenue estimates four times over the last four quarters [2][3] Group 2 - The stock has underperformed the market, losing about 9.4% since the beginning of the year, while the S&P 500 gained 8.6% [4] - The current consensus FFO estimate for the upcoming quarter is $0.68 on revenues of $187.28 million, and for the current fiscal year, it is $2.67 on revenues of $749.72 million [8] - The Zacks Industry Rank for REIT and Equity Trust - Other is in the top 38% of over 250 Zacks industries, indicating a favorable outlook for the industry [9]
Principal Financial (PFG) Beats Q2 Earnings Estimates
ZACKS· 2025-07-28 22:36
Core Viewpoint - Principal Financial (PFG) reported quarterly earnings of $2.16 per share, exceeding the Zacks Consensus Estimate of $1.98 per share, and showing an increase from $1.63 per share a year ago, representing an earnings surprise of +9.09% [1][2] Financial Performance - The company posted revenues of $3.69 billion for the quarter ended June 2025, which missed the Zacks Consensus Estimate by 7.82% and decreased from $4.07 billion year-over-year [2] - Over the last four quarters, Principal Financial has surpassed consensus EPS estimates just once and topped consensus revenue estimates two times [2] Stock Performance - Principal Financial shares have increased approximately 4.7% since the beginning of the year, compared to the S&P 500's gain of 8.6% [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 $2.13 on revenues of $4.06 billion, and for the current fiscal year, it is $8.05 on revenues of $16.22 billion [7] - The outlook for the industry, particularly the Insurance - Multi line sector, is currently in the bottom 34% of over 250 Zacks industries, which may impact stock performance [8]
Capital Bancorp Q2 Revenue Up 38 Percent
The Motley Fool· 2025-07-28 22:31
Core Viewpoint - Capital Bancorp reported strong revenue growth in Q2 2025, but missed earnings per share estimates, indicating mixed results in profitability and efficiency despite top-line progress [1][2]. Financial Performance - Revenue for Q2 2025 was $60.8 million, a 38.3% increase from $43.9 million in Q2 2024 [1][2]. - Non-GAAP diluted earnings per share (EPS) was $0.85, missing estimates of $0.88 by $0.03, reflecting a 44.1% increase year-over-year from $0.59 [1][2]. - Net interest income rose to $47.6 million, up 28.6% from $37.1 million a year earlier [2][6]. - Fee revenue increased significantly to $13.1 million, a 90.2% rise from $6.9 million in Q2 2024 [2][7]. Business Overview - Capital Bancorp operates in commercial banking, government-guaranteed lending, and credit card services, primarily in the Washington, D.C. and Baltimore metro areas, with additional operations in Florida and Illinois [3]. - The company focuses on commercial and industrial lending, commercial real estate loans, and secured credit cards, aiming to diversify revenue and manage risk [4]. Growth and Expansion - Gross loans increased by $61.4 million quarter-over-quarter, representing a 9.2% annualized growth, with year-over-year growth of $718.2 million [5]. - Total deposits grew by $49.4 million during the quarter and $840.3 million compared to Q2 2024, marking a 40.0% annual increase [5]. - The integration of the IFH acquisition contributed $373.5 million to loan growth, alongside $344.7 million from organic growth [5][9]. Credit Quality and Expenses - Net charge-offs rose to $5.1 million, or 0.75% of portfolio loans, nearly double the previous quarter's ratio [10]. - Nonperforming assets as a percentage of total assets decreased to 1.11%, down from 1.21% in the prior quarter, but remain higher than last year [10]. - Noninterest expenses increased by $10.1 million year-over-year, partly due to investments in digital technologies [9]. Shareholder Returns - The company raised its quarterly dividend by 20% to $0.12 per share [11]. - Tangible book value per share increased by 7.2% year-over-year to $20.64, reflecting ongoing capital strength [9][10]. Future Outlook - Management expressed confidence in ongoing expansion and highlighted multiple growth levers, although no specific earnings or revenue guidance was provided for Q3 or fiscal 2025 [12]. - Key areas to monitor include cost pressures, credit quality normalization, and the integration of acquired operations [12].
Harmonic (HLIT) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2025-07-28 22:31
Core Insights - Harmonic (HLIT) reported quarterly earnings of $0.09 per share, exceeding the Zacks Consensus Estimate of $0.03 per share, and showing an increase from $0.08 per share a year ago, resulting in an earnings surprise of +200.00% [1] - The company achieved revenues of $138.03 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 6.01%, although this represents a slight decline from year-ago revenues of $138.74 million [2] - Harmonic has consistently surpassed consensus EPS estimates over the last four quarters, indicating strong performance in earnings [2] Earnings Outlook - The future performance of Harmonic's stock will largely depend on management's commentary during the earnings call and the sustainability of the stock's immediate price movement based on the recently released numbers [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.14 on revenues of $153.77 million, and for the current fiscal year, it is $0.53 on revenues of $604.17 million [7] Industry Context - The Communication - Components industry, to which Harmonic belongs, is currently ranked in the top 39% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - The performance of Harmonic's stock may also be influenced by the overall industry outlook, as empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions [5][8]
Ameris Bancorp (ABCB) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2025-07-28 22:31
Ameris Bancorp (ABCB) came out with quarterly earnings of $1.59 per share, beating the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +17.78%. A quarter ago, it was expected that this bank would post earnings of $1.15 per share when it actually produced earnings of $1.28, delivering a surprise of +11.3%.Over the last four quarters, the company has ...