Bank of Hawaii (BOH) Tops Q2 Earnings and Revenue Estimates
ZACKS· 2025-07-28 12:56
Core Viewpoint - Bank of Hawaii (BOH) reported quarterly earnings of $1.06 per share, exceeding the Zacks Consensus Estimate of $1.04 per share, and showing an increase from $0.86 per share a year ago, indicating a positive earnings surprise of +1.92% [1] Financial Performance - The company achieved revenues of $174.48 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 3.19%, compared to $156.93 million in the same quarter last year [2] - Over the last four quarters, Bank of Hawaii has exceeded consensus EPS estimates three times and has also topped consensus revenue estimates three times [2] Stock Performance and Outlook - Bank of Hawaii shares have declined approximately 7.8% since the beginning of the year, while the S&P 500 has gained 8.6% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] Estimate Revisions and Rankings - Prior to the earnings release, the estimate revisions trend for Bank of Hawaii was unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] - The current consensus EPS estimate for the upcoming quarter is $1.01 on revenues of $170.98 million, and for the current fiscal year, it is $4.31 on revenues of $685.22 million [7] Industry Context - The Banks - West industry, to which Bank of Hawaii belongs, is currently in the top 36% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8]
Rithm (RITM) Q2 Earnings Surpass Estimates
ZACKS· 2025-07-28 12:56
Company Performance - Rithm reported quarterly earnings of $0.54 per share, exceeding the Zacks Consensus Estimate of $0.51 per share, and up from $0.47 per share a year ago, representing an earnings surprise of +5.88% [1] - The company posted revenues of $1.22 billion for the quarter ended June 2025, missing the Zacks Consensus Estimate by 2.6%, and down from $1.23 billion year-over-year [2] - Over the last four quarters, Rithm has surpassed consensus EPS estimates four times but has topped consensus revenue estimates only once [2] Stock Performance - Rithm shares have increased approximately 12.6% since the beginning of the year, outperforming the S&P 500's gain of 8.6% [3] - The current consensus EPS estimate for the upcoming quarter is $0.53 on revenues of $1.23 billion, and for the current fiscal year, it is $2.10 on revenues of $4.56 billion [7] Industry Outlook - The Financial - Miscellaneous Services industry, to which Rithm belongs, is currently in the top 38% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Rithm's stock performance [5]
Samsung and Tesla collaboration to benefit Graphjet
GlobeNewswire News Room· 2025-07-28 12:53
Industry Insights - The semiconductor manufacturing industry in the United States is experiencing significant expansion, particularly in the production of AI chips, driven by investments from various chip manufacturers [1][3]. - Taiwan Semiconductor Manufacturing Company (TSMC) plans to invest an additional $100 billion in advanced semiconductor manufacturing in the U.S., while Nvidia is establishing supercomputer manufacturing plants in Texas to meet the surging demand for specialized chips [3]. Company Developments - Graphjet Technology is positioned to benefit from the growth in AI chip production, as graphite and graphene are essential materials in semiconductor manufacturing processes that require high temperature and precise control [4]. - The company is planning to expand its operations by building a production plant in Nevada, capitalizing on the current growth in the semiconductor industry [4]. - Graphjet has begun generating revenue and is experiencing increased interest in its products, evidenced by a growing number of visits from corporate representatives and requests for samples [4]. Company Background - Graphjet Technology, founded in 2019 in Malaysia, specializes in producing graphene and graphite using patented technology that recycles palm kernel shells, a waste product from palm seed oil production [5]. - The company's sustainable production methods aim to transform the global supply chain for graphite and graphene [5].
Digi Power X subsidiary files provisional patent for ARMS 200 modular AI data center platform
Proactiveinvestors NA· 2025-07-28 12:52
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive has bureaus and studios in key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Group 2 - The company is focused on sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4] - Automation and software tools, including generative AI, are used, but all content is edited and authored by humans [5]
New Strong Buy Stocks for July 28th
ZACKS· 2025-07-28 12:50
Group 1 - Medpace Holdings, Inc. (MEDP) has seen a 10.1% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - CB Financial Services, Inc. (CBFV) has experienced an 18.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Calix, Inc. (CALX) has recorded a 25.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - LendingTree, Inc. (TREE) has seen an 8.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Hasbro, Inc. (HAS) has experienced a 12.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3]
IEUR: Tariffs Lower Than Threatened
Seeking Alpha· 2025-07-28 12:50
Thanks to our global coverage we've ramped up our global macro commentary on our marketplace service here on Seeking Alpha, The Value Lab . We focus on long-only value ideas, where we try to find international mispriced equities and target a portfolio yield of about 4% . We've done really well for ourselves over the last 5 years, but it took getting our hands dirty in international markets. If you are a value-investor, serious about protecting your wealth, us at the Value Lab might be of inspiration.The iSh ...
Visionstate Corp. Corporate Update: Advancing Sales, Technology, and ESG Investments
Thenewswire· 2025-07-28 12:50
Edmonton, Alberta, July 28, 2025 – TheNewswire - Visionstate Corp. (TSXV:VIS) (“Visionstate” or the “Company”), s pleased to provide a corporate update, highlighting progress across all aspects of its business, including sales and deployments, technological innovation, and ESG initiatives through its investment in Sol Spaces. Business Development and Global ExpansionVisionstate IoT President, Shannon Moore, traveled to New York on July 16 to meet with the company’s largest U.S. customer — one of the lar ...
FLTR: A Fair Floating Rate ETF, But Lagging Inflation
Seeking Alpha· 2025-07-28 12:49
Many high yield ETFs and closed-end funds suffer from capital and distribution decay. However, decay can be avoided or mitigated by rotational strategies, instead of using funds as long-term investments. I designed a 5-factor ranking system in 2016 and monitored its performance during several years, before sharing the eight best ranked CEFs with my Investing Group members. Get started with a two-week free trial now.VanEck IG Floating Rate ( FLTR ) was launched on 4/25/2011, tracks the MVIS US Investment Gra ...
S&P 500 starts the week on a high note after US-EU trade deal
Proactiveinvestors NA· 2025-07-28 12:46
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Verde's Carbon-Sequestering BioAsphalt™ Earns Early Validation from NCAT
Prnewswire· 2025-07-28 12:45
ST. LOUIS, July 28, 2025 /PRNewswire/ -- Verde Resources Inc. (OTCQB: VRDR), an emerging leader in sustainable infrastructure solutions, and the National Center for Asphalt Technology (NCAT) are pleased to share early performance observations from the Biochar-Asphalt test section installed at NCAT's world-renowned Test Track since December 2024. VERDE I NCAT The test section, composed of Verde's proprietary Cold-Mix Biochar Asphalt, represents a world-first deployment of an asphalt material engineered ...