Wall Street's Insights Into Key Metrics Ahead of Commercial Metals (CMC) Q3 Earnings
ZACKS· 2025-06-17 14:16
Analysts on Wall Street project that Commercial Metals (CMC) will announce quarterly earnings of $0.75 per share in its forthcoming report, representing a decline of 26.5% year over year. Revenues are projected to reach $2.01 billion, declining 3.3% from the same quarter last year.Over the last 30 days, there has been a downward revision of 5.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forec ...
Bunge Overcomes Final Regulatory Hurdle to Viterra Merger
ZACKS· 2025-06-17 14:11
Key Takeaways BG is set to finalize its $34B merger with Viterra after receiving Chinese regulatory approval. The deal will create a crop trading giant rivaling major players and expanding BG's global footprint. The merger boosts BG's export strength and storage capacity in key markets like Australia and Canada.Bunge Global S.A. (BG) , a leading integrated agribusiness firm, has announced that it is set to close in on its $34 billion merger with Viterra Ltd., after clearing the last major roadblock in the ...
Should You Retain Extra Space Storage Stock in Your Portfolio Now?
ZACKS· 2025-06-17 14:11
Key Takeaways EXR is expanding via acquisitions, joint ventures and third-party management to fuel long-term growth. A diversified portfolio and solid financials help EXR leverage the industry's recession-resilient nature. High supply and customer price sensitivity are limiting EXR's pricing power and pressuring revenue growth.Extra Space Storage (EXR) is well-positioned to gain from its high brand value, geographically diversified portfolio and the self-storage industry’s need-based and recession-resilie ...
Carnival's Cost Discipline Holds Firm: Will Margin Gains Continue?
ZACKS· 2025-06-17 14:11
Key Takeaways CCL's adjusted cruise costs per ALBD fell 1.9%, supporting 38% EBITDA growth in Q1 fiscal 2025. Margin gains were driven by cost discipline, favorable expense timing, and 7.3% net yield growth. CCL projects FY25 EBITDA of $6.7B, aided by strong bookings and limited fleet expansion.Carnival Corporation & plc (CCL) delivered a strong start to fiscal 2025, highlighting a key theme that investors are increasingly appreciating—disciplined cost control. While robust revenue growth, record bookings ...
ReconAfrica Announces Closing of C$19 Million Underwritten Offering, Including the Full Exercise of the Over-Allotment Option
Globenewswire· 2025-06-17 14:06
Kavango West 1X (Prospect I) rig mobilization to occur in June 2025**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES** CALGARY, Alberta, June 17, 2025 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) is pleased to announce that it has completed its previously announced and upsized underwritten public offering (the “Offering”) of units of the Company (the “Units”) a ...
5 Low Price-to-Book Value Stocks That You Can Buy in June
ZACKS· 2025-06-17 14:05
Key Takeaways Five stocks were screened for low P/B ratios, solid value scores, and strong projected EPS growth. STNE shows the highest 3-5 year EPS growth rate at 26.3%, followed by PSFE at 17.9% and USNA. All selected stocks have a Zacks Rank of 1 or 2 and meet key valuation, liquidity, and pricing criteria.Value investing offers an opportunity to enter the market and grab stocks that have otherwise been overlooked by the majority of investors and are thus trading at cheap multiples.Though price to earn ...
TSLA's Legacy or RIVN's Promise: Which EV Story Holds Up Better Now?
ZACKS· 2025-06-17 14:05
Key Takeaways Tesla's Q1 deliveries dropped 13% YoY, with margins sliding and U.S. EV share falling below 50%. Rivian trimmed 2025 delivery targets and burned cash, but aims for efficiency with its lower-cost R2 SUV. TSLA's energy unit shines bright, while RIVN posts gross margin gains for the second time in Q1.Tesla, Inc. (TSLA) and Rivian Automotive (RIVN) are two noted names in the electric vehicle (EV) space — one is an established giant, the other a young and ambitious startup.Tesla changed the game ...
Standard Premium Finance Holdings Increases Line of Credit with First Horizon Bank to Support Ongoing Growth
Globenewswire· 2025-06-17 14:02
MIAMI, June 17, 2025 (GLOBE NEWSWIRE) -- Standard Premium Finance Holdings, Inc. (OTCQX: SPFX) (Standard Premium), a leading specialty finance company, today announced an increase to its revolving line of credit with First Horizon Bank (NYSE:FHN), a leading regional bank operating in 12 states across the southern U.S. The amendment raises Standard Premium’s borrowing capacity from $45 million to $50 million, supporting the Company’s strategic growth trajectory. “Standard Premium has consistently demonstrate ...
This BlackRock stock slapped with brutal $0.01 price target by Wall Street
Finbold· 2025-06-17 14:01
Residential solar firm Sunrun (NASDAQ: RUN), part of BlackRock’s (NYSE: BLK) portfolio, has been hit with a devastating Wall Street downgrade that effectively renders the stock worthless.Specifically, GLJ Research slashed its rating to ‘Sell’ and set a price target of $0.01, implying a staggering 99% drop from its last closing price of $9.64. By press time, RUN was trading at $5.58, down 42% for the day. RUN one-day stock price. Source: Google FinanceWhy RUN stock was downgradedThe downgrade follows the int ...
Reddit vs. Nextdoor: Which Social Network Stock Has the Edge?
ZACKS· 2025-06-17 14:01
Key Takeaways RDDT revenues jumped 61% to $392.4M in Q1 2025, driven by higher ad spend and strong user growth. Daily active uniques on Reddit rose 31% year over year to 108.1M, with mobile usage up 45%. KIND posted 2% revenue growth to $54M as weekly active users increased 6% to 46.1M.Reddit (RDDT) and Nextdoor (KIND) operate community-driven social platforms, offering investors exposure to both global and localized engagement. RDDT facilitates interest-based conversations across diverse subject matter, ...