SYF Offers Greater Flexibility With Apple Pay's Pay Later Feature
ZACKS· 2025-01-17 18:21
Synchrony Financial and Apple Pay Integration - Synchrony Financial has enabled the Pay Later feature of Apple Pay for eligible Synchrony Preferred Mastercard, Synchrony Plus World Mastercard, and Synchrony Premier World Mastercard holders, offering flexibility in payment options [1] - Cardholders must add their Synchrony Mastercard to Apple Wallet to use Apple Pay, and during checkout, they can select the Pay Later option to view promotional offers [2] - Apple Pay ensures a secure and private payment experience, as transaction details remain confidential and are not stored by Apple [3] Expansion Plans and Customer Benefits - Synchrony plans to extend the fixed monthly payment option to a broader range of Apple Pay users and will allow customers to view and redeem rewards during checkout later this year [4] - The move aims to provide greater choice and flexibility at checkout, potentially boosting consumer purchasing power by offering financing solutions that avoid lump-sum payments [5] Financial Impact and Growth Potential - The integration of simplified digital transactions and diversified credit needs is expected to attract new customers and retain existing ones, potentially increasing Synchrony's loan interest and fees, which grew by 10.5% year-over-year in the first nine months of 2024 [6] - Synchrony's digital and analytics expertise, supported by acquisitions, partnerships, and tech investments, has strengthened its position and secured agreements with leading retailers and manufacturers [7] Share Price Performance and Industry Comparison - Synchrony's shares have gained 89.6% in the past year, significantly outperforming the industry's 24.5% growth [8] - The company currently holds a Zacks Rank 3 (Hold) [8] Other Finance Stocks to Consider - Intercorp Financial Services (IFS) has a Zacks Rank 1 (Strong Buy) and has seen its 2025 earnings estimate improve by 48.2% from 2024, with revenue growth expected at 9% [10] - Ameriprise Financial (AMP) holds a Zacks Rank 2 (Buy) and has a 2025 earnings estimate improvement of 14.6% from 2024, with revenue growth projected at 7.6% [11] - Civista Bancshares (CIVB) also holds a Zacks Rank 2 (Buy) and has a 2025 earnings estimate improvement of 8.2% from 2024, with revenue growth expected at 6.4% [12] - Shares of Intercorp Financial Services, Ameriprise Financial, and Civista Bancshares have gained 28.2%, 45.8%, and 21.8%, respectively, in the past year [13]
Earnings Estimates Moving Higher for Methanex (MEOH): Time to Buy?
ZACKS· 2025-01-17 18:21
Earnings Estimate Revisions - The company's earnings estimates for the next quarter and full year have seen significant upward revisions, driven by strong agreement among analysts [3] - For the current quarter, the company is expected to earn $0 94 per share, representing an 80 77% increase from the year-ago period [4] - Over the last 30 days, the Zacks Consensus Estimate for the current quarter has increased by 18 45% due to one positive estimate revision [4] - For the full year, the earnings estimate of $3 49 per share reflects a 55 11% increase from the previous year [5] - Over the past month, two estimates have been revised upward for the current year, pushing the consensus estimate 6 29% higher [5] Stock Performance and Outlook - The stock has gained 8 6% over the past four weeks, driven by strong estimate revisions and increased investor interest [7] - The improving earnings outlook suggests that the upward trend in the stock price may continue [1] - Empirical research indicates a strong correlation between earnings estimate revisions and near-term stock price movements [2] Zacks Rank and Investment Potential - The company currently holds a Zacks Rank 2 (Buy), reflecting promising estimate revisions [6] - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500 [6] - The Zacks Rank system has a proven track record, with Zacks 1 Ranked stocks generating an average annual return of +25% since 2008 [3] Conclusion - The company's strong earnings estimate revisions and favorable Zacks Rank make it a potential candidate for portfolio addition [7]
Earnings Estimates Rising for Argenx (ARGX): Will It Gain?
ZACKS· 2025-01-17 18:21
Argenex SE (ARGX) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and ne ...
Earnings Estimates Rising for Sunoco LP (SUN): Will It Gain?
ZACKS· 2025-01-17 18:21
Investors might want to bet on Sunoco LP (SUN) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this master limited partnership, should get reflected in its stock price. After all, empirical research shows a strong correlation ...
Why Cloudflare Stock Is Soaring Today
The Motley Fool· 2025-01-17 18:20
Shares of cybersecurity firm Cloudflare (NET 3.76%) were up Friday, gaining 3.9% as of 12:30 p.m. ET. The stock was up as much as 5.4% earlier in the day. The leg up comes as the S&P 500 (^GSPC 1.28%) and the Nasdaq Composite (^IXIC 1.84%) were up 1% and 1.7%, respectively.An analyst at Citigroup upgraded Cloudflare's rating, helping to boost the stock.Higher highsIn a research report on Friday, Citi's Fatima Boolani upgraded Cloudflare from neutral to buy, adjusting her price target for Cloudflare stock fr ...
GE Soars: Why I'm Betting Big On This Aerospace Powerhouse
Seeking Alpha· 2025-01-17 18:20
Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .That's the total portfolio weighting of the four stocks I added to my portfolio last year, making it my biggest year ever for new portfolio additions, as just a small part of these 40% was added in the firstAnalyst’s Disclosure: I/we have a beneficial long position in the shares ...
Why Methanex (MEOH) is Poised to Beat Earnings Estimates Again
ZACKS· 2025-01-17 18:15
Earnings Performance - Methanex has consistently surpassed earnings estimates in the last two quarters, with an average surprise of 100.77% [1] - In the most recent quarter, the company reported earnings of $1.21 per share, significantly higher than the expected $0.44 per share, representing a surprise of 175% [2] - For the previous quarter, Methanex reported earnings of $0.62 per share, beating the consensus estimate of $0.49 per share by 26.53% [2] Earnings ESP and Zacks Rank - Methanex currently has a positive Earnings ESP of +6.76%, indicating bullish sentiment among analysts regarding the company's earnings prospects [6] - The combination of a positive Earnings ESP and a Zacks Rank 2 (Buy) suggests a high likelihood of another earnings beat in the upcoming report [6] - Stocks with a positive Earnings ESP and a Zacks Rank 3 (Hold) or better have a nearly 70% chance of producing a positive earnings surprise [4] Analyst Estimates and Predictive Power - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate being more reflective of recent analyst revisions [5] - A negative Earnings ESP reduces the predictive power of the metric but does not necessarily indicate an earnings miss [7] - It is important to check a company's Earnings ESP before its quarterly release to increase the odds of success [8]
Will Telus (TU) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-01-17 18:15
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Telus (TU) , which belongs to the Zacks Diversified Communication Services industry.This telecommunications company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 18.01%.For the most recent quarter, Telus was expected to post earnings of $0.17 per sh ...
Will Boyd (BYD) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-01-17 18:15
Earnings Performance - Boyd Gaming (BYD) has a strong history of beating earnings estimates, with an average surprise of 7.64% over the past two quarters [1] - In the last reported quarter, Boyd Gaming posted earnings of $1.52 per share, surpassing the Zacks Consensus Estimate of $1.41 per share, resulting in a 7.80% surprise [2] - In the previous quarter, the company delivered earnings of $1.58 per share, exceeding the expected $1.47 per share, with a 7.48% surprise [2] Earnings ESP and Zacks Rank - Boyd Gaming currently has a positive Earnings ESP of +0.18%, indicating analysts' bullish outlook on its near-term earnings potential [6] - The combination of a positive Earnings ESP and a Zacks Rank 3 (Hold) suggests a high likelihood of another earnings beat [6] - Stocks with a positive Earnings ESP and a Zacks Rank 3 or better have a nearly 70% chance of producing a positive earnings surprise [4] Earnings ESP Methodology - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions before an earnings release [5] - A negative Earnings ESP reduces the predictive power of the metric but does not necessarily indicate an earnings miss [7] - Investors should check a company's Earnings ESP before its quarterly release to increase the odds of success [8]
Will Zions (ZION) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-01-17 18:15
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Zions (ZION) , which belongs to the Zacks Banks - West industry.This financial holding company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 14.05%.For the most recent quarter, Zions was expected to post earnings of $1.16 per share, but it reported ...