Workflow
JM Smucker Likely To Report Lower Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2025-06-09 17:18
The J. M. Smucker Company SJM will release its fourth-quarter earnings results before the opening bell on Tuesday, June 10.Analysts expect the Orrville, Ohio-based company to report quarterly earnings at $2.25 per share, down from $2.66 per share in the year-ago period. J. M. Smucker projects to report quarterly revenue at $2.19 billion, compared to $2.21 billion a year earlier, according to data from Benzinga Pro.On April 30, JM Smucker named John Brase as President and COO.JM Smucker shares gained 0.5% to ...
G-III Apparel Analysts Slash Their Forecasts After Q1 Results
Benzinga· 2025-06-09 17:17
G-III Apparel Group, LTD. GIII posted better-than-expected earnings for its first quarter on Friday.The company reported first-quarter adjusted earnings per share of 19 cents, beating the analyst consensus estimate of 12 cents. Quarterly sales of $583.61 million (down 4% year over year), outpacing the Street view of $580.37 million."Our performance was fueled by double-digit growth of our key owned brands, DKNY, Karl Lagerfeld and Donna Karan, which largely offset the exit of the Calvin Klein jeans and spor ...
Procore: Long-Term Tailwinds Outweigh Short-Term Uncertainties
Seeking Alpha· 2025-06-09 17:17
Core Viewpoint - Procore Technologies, Inc. (NYSE: PCOR) is viewed positively due to its continuous revenue growth and potential for further expansion [1] Group 1 - The company has been classified as a "Buy" based on its revenue growth trajectory [1]
Apple faces iPhone demand headwinds as purchase intent falls in US and China
Proactiveinvestors NA· 2025-06-09 17:17
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's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
Sharps Technology CEO, Robert Hayes, to Present at the Virtual Investor Summit on June 10, 2025
Globenewswire· 2025-06-09 17:12
Company Overview - Sharps Technology, Inc. is an innovative medical device and pharmaceutical packaging company that offers patented smart safety syringe products to the healthcare industry [6] - The company focuses on ultra-low waste capabilities and incorporates both passive and active safety features in its syringe technologies [6] - Sharps has a manufacturing facility in Hungary that has undergone significant upgrades to support high-volume production [2][6] Recent Developments - Sharps has commenced shipments under three customer orders tied to previously announced purchase agreements, marking its first commercial deliveries and transition to revenue-generating operations [2] - The company will present at the Virtual Investor Summit on June 10, 2025, at 10:00 AM ET, providing an opportunity for investors to gain insights into its operations and future prospects [1][8] Investor Engagement - The Investor Summit is tailored for investors focused on small- and micro-cap stocks, offering insights from management teams of emerging companies [3][4] - Registration for the Investor Summit is available for free, allowing investors to participate and learn more about Sharps and other companies [5]
Shopify vs. Amazon: Which E-Commerce Stock Has The Edge Now?
ZACKS· 2025-06-09 17:11
E-commerce Industry Overview - The e-commerce market is projected to reach $10.19 trillion by 2025 and $21.22 trillion by 2030, with a compound annual growth rate of 15.8% from 2025 to 2030, presenting significant growth opportunities for companies like Shopify and Amazon [2] Shopify (SHOP) Analysis - Shopify's Merchant Solutions generated $1.74 billion in revenue in Q1 2025, accounting for 73.7% of total revenues, driven by user-friendly tools [3] - Shop Pay processed $22 billion in Gross Merchandise Value in Q1 2025, reflecting a 57% year-over-year increase, with notable brands adopting the service [4] - Shopify is investing in AI-driven tools to enhance customer engagement and streamline operations, expanding its partner base with major companies [5] Amazon (AMZN) Analysis - Amazon is diversifying its product offerings and expanding its global presence, with significant growth in grocery, pharmacy, and healthcare sectors [6][9] - In Q1 2025, Amazon introduced luxury shopping experiences and welcomed brands like Oura Rings and Michael Kors, enhancing its product range [7] - Amazon's focus on everyday essentials has led to substantial growth, with grocery sales exceeding $100 billion, solidifying its position in the grocery market [9] Financial Performance Comparison - Year-to-date, Shopify shares have increased by 4.8%, while Amazon shares have decreased by 2.7%, attributed to Shopify's growth in its merchant base and Amazon's struggles in a challenging macroeconomic environment [11] - Shopify's shares are trading at a forward Price/Sales ratio of 12.28X, while Amazon's is at 3.14X, indicating that both companies are currently overvalued [14] - The Zacks Consensus Estimate for Shopify's 2025 earnings is $1.40 per share, reflecting a 10.77% year-over-year increase, while Amazon's estimate is $6.31 per share, indicating a 7.69% increase [17] Earnings Surprise Performance - Shopify has beaten earnings estimates in three of the last four quarters with an average surprise of 14.87%, while Amazon has beaten estimates in all four quarters with an average surprise of 20.68% [18] Conclusion - Shopify is experiencing strong growth in its merchant base but faces challenges from macroeconomic conditions and tariffs, while Amazon's diverse offerings and strong earnings surprises position it favorably for long-term success [20]
Why Byrna Technologies (BYRN) Could Beat Earnings Estimates Again
ZACKS· 2025-06-09 17:11
Core Viewpoint - Byrna Technologies Inc. (BYRN) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of exceeding expectations [1]. Earnings Performance - Byrna Technologies has a notable track record of surpassing earnings estimates, with an average surprise of 245% over the last two quarters [2]. - In the most recent quarter, the company reported earnings of $0.07 per share against an expectation of $0.02, resulting in a surprise of 250% [2]. - For the previous quarter, Byrna's actual earnings were $0.17 per share compared to a consensus estimate of $0.05, leading to a surprise of 240% [2]. Earnings Estimates and Predictions - Recent earnings estimates for Byrna Technologies have been revised upward, indicating positive sentiment among analysts [5]. - The Zacks Earnings ESP (Expected Surprise Prediction) for Byrna is currently positive, suggesting a strong likelihood of an earnings beat [5][8]. - The company has an Earnings ESP of +55.56%, reflecting increased analyst optimism regarding its near-term earnings potential [8]. Zacks Rank and Predictive Power - Byrna Technologies holds a Zacks Rank of 2 (Buy), which, when combined with a positive Earnings ESP, enhances the probability of another earnings beat [8]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced positive surprises nearly 70% of the time [6]. Importance of Earnings ESP - The Earnings ESP metric compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate being more reflective of recent analyst revisions [7]. - A negative Earnings ESP does not necessarily indicate an earnings miss, but it does reduce predictive power [8].
Uber Wins Analyst Praise For Robotaxi Boom, Lyft Faces Tougher Road Ahead
Benzinga· 2025-06-09 17:07
Bank of America Securities analyst Michael McGovern maintained a Buy on Uber Technologies UBER on Tuesday. However, with Waymo’s rapid growth in San Francisco and other US cities, the analyst remained more cautious about Lyft, Inc LYFT and maintained an Underperform.McGovern hosted multiple experts on autonomous vehicles (AV), including Edwin Olsen, the CEO of May Mobility and a former manager at Waymo.May Mobility highlighted how May is one of only two companies currently providing rides without safety dri ...
Viatris Inc. (VTRS) Presents at Goldman Sachs 46th Annual Global Healthcare Conference Transcript
Seeking Alpha· 2025-06-09 17:06
Company Overview - Viatris Inc. is currently experiencing strong performance in its base business, with 8 to 9 consecutive quarters of operational revenue growth despite some manufacturing issues at a specific plant [2][3] - The company has exceeded initial guidance for total new product revenue in the previous year, indicating effective execution of its product strategy [2] Financial Performance - Viatris has been actively engaging in capital allocation strategies, including paying dividends and share buybacks, with over $300 million spent on share repurchases to date [3]
What Makes MYR (MYRG) a New Strong Buy Stock
ZACKS· 2025-06-09 17:06
Core Viewpoint - MYR Group (MYRG) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of changing earnings estimates, which are closely correlated with near-term stock price movements [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in stock price movements [4]. Company Performance Indicators - For the fiscal year ending December 2025, MYR is expected to earn $6.59 per share, reflecting a substantial increase of 260.1% from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for MYR has risen by 17.2%, indicating a positive trend in earnings expectations [8]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - MYR's upgrade to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting strong potential for market-beating returns in the near term [10].