AlTi Global, Inc. (ALTI) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-12 22:45
Group 1: Earnings Performance - AlTi Global, Inc. reported quarterly earnings of $0.05 per share, exceeding the Zacks Consensus Estimate of a loss of $0.02 per share, representing an earnings surprise of 350% [1] - The company posted revenues of $57.96 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 7.54%, compared to year-ago revenues of $50.81 million [2] - Over the last four quarters, AlTi Global has surpassed consensus EPS estimates three times [2] Group 2: Stock Performance and Outlook - AlTi Global shares have declined approximately 22% since the beginning of the year, while the S&P 500 has decreased by 3.8% [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the earnings outlook [3][4] - The current consensus EPS estimate for the upcoming quarter is breakeven on $55.2 million in revenues, and $0.08 on $253.3 million in revenues for the current fiscal year [7] Group 3: Industry Context - The Financial - Miscellaneous Services industry, to which AlTi Global belongs, is currently ranked in the top 39% of over 250 Zacks industries, indicating a favorable industry outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact AlTi Global's stock performance [5][6]
Cannae Holdings, Inc. (CNNE) Reports Q1 Loss, Lags Revenue Estimates
ZACKS· 2025-05-12 22:45
Financial Performance - Cannae Holdings, Inc. reported a quarterly loss of $0.59 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.56, representing an earnings surprise of -5.36% [1] - The company posted revenues of $103.2 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 3.73%, and down from $110.7 million a year ago [2] - Over the last four quarters, Cannae has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Performance - Cannae shares have declined approximately 7.4% since the beginning of the year, compared to a decline of -3.8% for the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is -$0.35 on revenues of $115.3 million, and for the current fiscal year, it is -$1.18 on revenues of $445.5 million [7] Industry Outlook - The Financial - Investment Management industry, to which Cannae belongs, is currently ranked in the bottom 14% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Cannae's stock performance [5]
Editas Medicine (EDIT) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-12 22:45
Core Insights - Editas Medicine reported a quarterly loss of $0.43 per share, better than the Zacks Consensus Estimate of a loss of $0.51, and an improvement from a loss of $0.76 per share a year ago, resulting in an earnings surprise of 15.69% [1] - The company generated revenues of $4.66 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 385.21%, compared to $1.14 million in the same quarter last year [2] - Editas shares have increased by approximately 14.2% since the beginning of the year, contrasting with a -3.8% decline in the S&P 500 [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.40 on revenues of $0.98 million, and for the current fiscal year, it is -$1.53 on revenues of $6.74 million [7] - The estimate revisions trend for Editas is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Medical - Biomedical and Genetics industry, to which Editas belongs, is currently ranked in the top 34% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Diversified Energy Company PLC (DEC) Rises But Trails Market: What Investors Should Know
ZACKS· 2025-05-12 22:45
Company Performance - Diversified Energy Company PLC (DEC) closed at $13.26, reflecting a +1.22% change from the previous trading day's closing, which is less than the S&P 500's daily gain of 3.26% [1] - Over the past month, DEC shares gained 17.17%, outperforming the Oils-Energy sector's gain of 3.28% and the S&P 500's gain of 3.78% [1] Financial Projections - Zacks Consensus Estimates project earnings of $3.44 per share and revenue of $1.68 billion for the full year, representing increases of +76.41% and +93.55% from the previous year, respectively [2] Analyst Estimates - Recent changes to analyst estimates for DEC indicate a positive outlook, with revisions often reflecting short-term business dynamics [3] - The Zacks Rank system, which incorporates these estimate changes, suggests a viable rating system for stock performance [4] Zacks Rank and Valuation - DEC currently holds a Zacks Rank of 2 (Buy), with the consensus EPS estimate moving 3.3% higher over the last 30 days [5] - The company has a Forward P/E ratio of 3.81, significantly lower than the industry average Forward P/E of 18.94, indicating a valuation discount [6] Industry Context - The Alternative Energy - Other industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 150, placing it within the bottom 40% of over 250 industries [6] - The Zacks Industry Rank measures the strength of industry groups, showing that top-rated industries outperform the bottom half by a factor of 2 to 1 [7]
Costco (COST) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2025-05-12 22:45
The latest trading session saw Costco (COST) ending at $1,016.15, denoting a +0.8% adjustment from its last day's close. This change lagged the S&P 500's 3.26% gain on the day. Elsewhere, the Dow gained 2.81%, while the tech-heavy Nasdaq added 4.35%.The warehouse club operator's shares have seen an increase of 4.64% over the last month, surpassing the Retail-Wholesale sector's gain of 4.56% and the S&P 500's gain of 3.78%.The investment community will be closely monitoring the performance of Costco in its f ...
1Q25 Results: Telefônica Brasil S.A.
Prnewswire· 2025-05-12 22:42
SÃO PAULO, May 12, 2025 /PRNewswire/ -- Telefônica Brasil - (B3: VIVT3; NYSE: VIV) announces its results for 1Q25.Strong operating performance led to robust EBITDA and net income growth. R$ million 1Q25 1Q24 % YoY Net Operating Revenue 14,390 13,546 6.2 Mobile Services 9,272 8,702 6.5 FTTH 1,899 1,717 10.6 Corporate Data, ICT and Digital Services 1,312 1,132 15.8 Handsets and Electronics 909 881 3.2 Other Revenues¹ 999 1,114 (10.3) Total Costs <td colspa ...
Fuel Tech, Inc. (FTEK) Reports Q1 Loss, Misses Revenue Estimates
ZACKS· 2025-05-12 22:41
Fuel Tech, Inc. (FTEK) came out with a quarterly loss of $0.02 per share in line with the Zacks Consensus Estimate. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post a loss of $0.03 per share when it actually produced a loss of $0.06, delivering a surprise of -100%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Fuel Tech, which belongs to the Zacks P ...
Amplify Energy (AMPY) Misses Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-12 22:41
Amplify Energy (AMPY) came out with quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to loss of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -9.09%. A quarter ago, it was expected that this oil and gas company would post earnings of $0.25 per share when it actually produced earnings of $0.13, delivering a surprise of -48%.Over the last four quarters, the com ...
HF FOODS GROUP INC. (HFFG) Misses Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-12 22:41
HF FOODS GROUP INC. (HFFG) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -46.15%. A quarter ago, it was expected that this company would post earnings of $0.09 per share when it actually produced earnings of $0.11, delivering a surprise of 22.22%.Over the last four quarters, the com ...
Orchestra BioMed Holdings, Inc. (OBIO) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-12 22:41
Orchestra BioMed Holdings, Inc. (OBIO) came out with a quarterly loss of $0.49 per share versus the Zacks Consensus Estimate of a loss of $0.46. This compares to loss of $0.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.52%. A quarter ago, it was expected that this company would post a loss of $0.43 per share when it actually produced a loss of $0.43, delivering no surprise.Over the last four quarters, the company has s ...