Core Viewpoint - Everest Group's recent earnings report indicates a decline in operating income and premiums, raising concerns about future performance despite a slight increase in share price over the past month [1][3][11]. Financial Performance - Q3 2025 operating income was $7.54 per share, missing estimates by 43.7% and down 48.4% year over year [3]. - Total operating revenues reached $4.3 billion, a 0.7% increase year over year, but fell short of consensus estimates by 2.9% [4]. - Gross written premiums decreased by 1.1% year over year to $4.4 billion, with a notable decline in certain casualty lines [4]. - Net investment income was $540 million, up 8.8% year over year, exceeding estimates [5]. Claims and Expenses - Total claims and expenses rose by 9.2% to $4 billion, driven by higher incurred losses and other expenses [6]. - Underwriting loss was $130 million, contrasting with a profit of $272 million in the previous year [6]. - Pre-tax catastrophe losses were $50 million, significantly lower than the $279 million loss in the prior year [7]. Segment Performance - The Reinsurance segment's gross written premiums were $3.2 billion, down 1.8% year over year, with mixed performance across different lines [8]. - The Insurance segment generated $1.1 billion in gross written premiums, a 3.3% increase year over year, but faced declines in certain casualty lines [9]. Financial Position - Total investments and cash at the end of Q3 2025 were $45.8 billion, a 10.3% increase from the end of 2024 [10]. - Shareholder equity rose to $15.4 billion, up 10.8% year over year, with a book value per share of $366.22 [10]. - Cash flow from operations was $1.5 billion, down 16% year over year [10]. Market Sentiment - There has been a downward trend in earnings estimates for Everest Group, indicating potential challenges ahead [11][13]. - The company holds a Zacks Rank 3 (Hold), suggesting an expectation of in-line returns in the near term [13].

Core Viewpoint - Universal Health Services (UHS) has shown strong performance in its recent earnings report, with significant growth in earnings and revenues, leading to an upward revision of its financial guidance for 2025 [3][11]. Financial Performance - UHS reported Q3 2025 adjusted earnings per share (EPS) of $5.69, exceeding the Zacks Consensus Estimate by 22.1% and reflecting a year-over-year increase of 53.4% [3]. - Net revenues reached $4.5 billion, marking a 13.4% year-over-year improvement and surpassing the consensus estimate by 4.2% [3]. - Adjusted EBITDA rose 27.4% year over year to $670.6 million, exceeding the estimate of $577.4 million [5]. Segment Performance - In Acute Care Hospital Services, adjusted admissions grew 2% on a same-facility basis, with net revenues improving 12.8% [6]. - Behavioral Health Care Services saw adjusted admissions increase by 0.5%, with net revenues rising 9.3% on a same-facility basis [7]. Operational Costs - Total operating costs for the quarter were $4 billion, an 11% increase year over year, driven by higher salaries, wages, and benefits [5]. Financial Position - As of September 30, 2025, UHS had cash and cash equivalents of $112.9 million, down 10.4% from the end of 2024 [8]. - Long-term debt decreased by 11.5% year over year to $4 billion, while total equity increased by 7.1% to $7.2 billion [9]. Share Repurchase Program - UHS repurchased shares worth approximately $234.3 million in Q3 and approved a $1.5 billion increase to its stock repurchase program, bringing the total remaining authorization to $1.8 billion [10]. Revised Guidance - The company revised its 2025 net revenue guidance to a range of $17.306-$17.445 billion, indicating a projected growth of 9.8% from 2024 [11]. - EPS is now expected to be between $21.50 and $22.10, reflecting a 31.2% growth from the previous year [12]. Market Outlook - Estimates for UHS have been trending upward, and the stock currently holds a Zacks Rank 2 (Buy), suggesting an expectation of above-average returns in the coming months [15].

Core Viewpoint - Principal Financial Group, Inc. reported mixed earnings results for Q3 2025, with operating net income missing estimates but showing year-over-year growth in both net income and operating revenues [3][4]. Financial Performance - Q3 2025 operating net income was $2.10 per share, missing the Zacks Consensus Estimate by 3.6%, but increased 19% year over year [3]. - Operating revenues rose 6.2% year over year to $3.8 billion, driven by increased premiums and net investment income, but fell short of estimates by 4.1% [3]. - Total expenses increased 3.8% year over year to $3.4 billion, lower than the estimated $3.6 billion [5]. Segment Performance - **Retirement and Income Solution**: Revenues increased 11.8% year over year to $1.9 billion, exceeding estimates, while pre-tax operating earnings rose 26% to $310.3 million, though it missed estimates [6]. - **Investment Management**: Revenues rose 3.7% year over year to $483.9 million, beating estimates, with pre-tax operating earnings increasing 9% to $173.5 million, also above estimates [7]. - **International Pension**: Revenues decreased 10.5% year over year to $248 million, but pre-tax operating earnings of $101.2 million exceeded estimates [8]. - **Specialty Benefits**: Revenues increased 3.2% year over year to $896.5 million, missing estimates, while pre-tax operating earnings surged 53% to $155.5 million, but also missed estimates [9]. - **Life Insurance**: Revenues increased 5.6% year over year to $364.2 million, missing estimates, with pre-tax operating losses widening to $69 million [10]. - **Corporate**: Pre-tax operating losses were $91.6 million, wider than the previous year's loss [11]. Financial Health - As of September 30, 2025, cash and cash equivalents were $5.1 billion, a 22% increase from the end of 2024 [12]. - Long-term debt was $3.9 billion, a slight decline of 0.7% from the end of 2024 [12]. - Book value per share increased 4.2% from the end of 2024 to $55.93 [12]. Shareholder Returns - Principal Financial returned $398 million to shareholders in Q3 2025, including $225 million in share repurchases and $173 million in dividends [13]. - The board declared a fourth-quarter dividend of 79 cents per share, an 8% increase from the previous year [13]. Market Outlook - Estimates for Principal Financial have been trending upward, indicating a positive outlook [14][16]. - The company holds a Zacks Rank 3 (Hold), suggesting an expectation of in-line returns in the coming months [16].

Core Viewpoint - Whirlpool's third-quarter 2025 earnings report showed a mixed performance, with adjusted EPS beating estimates but a significant year-over-year decline, raising questions about future trends leading up to the next earnings release [2][12]. Financial Performance - The company reported adjusted EPS of $2.09, down 39.1% from $3.43 in the previous year, but above the Zacks Consensus Estimate of $1.41 [2]. - Net sales reached $4.033 billion, a 1% increase year-over-year, surpassing the Zacks Consensus Estimate of $3.925 billion [3]. - Quarterly gross profit was $594 million, down 7.6% from $643 million a year ago, with a gross margin of 14.7%, a decline of 140 basis points [4]. Segment Performance - MDA North America segment net sales increased by 2.8% year-over-year to $2.72 billion, but EBIT decreased by 30.6% to $134 million [6]. - MDA Latin America saw a decline in net sales by 5.2% to $802 million, with EBIT down 22% to $45 million [7]. - SDA Global segment net sales increased by 10.5% to $288 million, with EBIT rising 28.8% to $47 million [8]. Financial Health - As of the end of Q3, Whirlpool had cash and cash equivalents of $934 million and long-term debt of $6.2 billion [9]. - The company reported a negative free cash flow of $907 million for the first nine months of 2025 [10]. 2025 Outlook - Whirlpool anticipates net sales of $15.8 billion for 2025, down from $16.6 billion in the previous year, with an ongoing EBIT margin expected to be 5% [11]. - GAAP EPS is projected at $6.00, while ongoing EPS is expected to be $7.00, a decrease from $12.21 in 2024 [12]. Estimate Trends - Consensus estimates for Whirlpool have trended downward, with a significant shift of -22.81% noted [13]. - The stock currently holds a Zacks Rank 3 (Hold), indicating expectations for an in-line return in the coming months [15].

Core Insights - Autodesk (ADSK) reported strong third-quarter fiscal 2026 results with non-GAAP earnings of $2.67 per share, exceeding the Zacks Consensus Estimate by 7.23% and reflecting a 23% year-over-year increase [1] - The company achieved revenues of $1.85 billion, surpassing the consensus mark by 2.67% and growing 18% year over year [1] Performance Highlights - Autodesk's robust performance was driven by exceptional AECO performance, higher-than-expected upfront revenues, sustained momentum in the Autodesk Store, and better-than-anticipated billings linearity [2] - Subscription revenues, which constitute 93.6% of total revenues, rose 19% year over year to $1.73 billion, while maintenance revenues declined 11.1% to $8 million [3] - Other revenues increased 6.7% to $111 million [3] Regional Revenue Breakdown - Revenues from the Americas, accounting for 44.3% of total revenues, increased 16.3% year over year to $820 million [4] - EMEA revenues, representing 38.6% of total revenues, climbed 23.3% to $715 million [4] - Asia-Pacific revenues, making up 17.2% of total revenues, increased 11.6% to $318 million [4] - Total billings reached $1.86 billion, marking a 21% year-over-year increase [4] Product Line Performance - AECO revenues, which account for 49.7% of total revenues, increased 22.6% year over year to $921 million [5] - AutoCAD and AutoCAD LT revenues rose 15.1% to $458 million, while Manufacturing revenues increased 15.6% to $355 million [5] - Media and Entertainment revenues grew 3.6% to $86 million [5] Operating Results - Non-GAAP operating expenses rose 16.2% year over year to $1.03 billion, with a non-GAAP operating margin of 37.7%, expanding 120 basis points year over year [6] Financial Position - As of October 31, 2025, Autodesk had cash and cash equivalents of $2.29 billion, up from $2.24 billion as of July 31, 2025 [7] - Deferred revenues increased 5% to $3.85 billion, with unbilled deferred revenues at $3.52 billion [7] - Cash flow from operating activities was $439 million, representing a 110% increase year over year, while free cash flow was $430 million, indicating a rise of 116% [8] Guidance - For Q4 fiscal 2026, Autodesk projects revenues between $1.90 billion and $1.92 billion, with non-GAAP earnings per share expected between $2.59 and $2.67 [9] - For the full fiscal 2026, revenues are anticipated to be between $7.15 billion and $7.17 billion, with billings estimated in the range of $7.47 billion to $7.53 billion [9] - Non-GAAP earnings are expected to be in the range of $10.18 to $10.25 per share, with an anticipated non-GAAP operating margin of approximately 37.5% [10] - Free cash flow is projected to be between $2.26 billion and $2.29 billion [10]

Core Insights - Deere reported $10.58 billion in revenue for the quarter ended October 2025, a year-over-year increase of 14.1%, with an EPS of $3.93 compared to $4.55 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $9.99 billion by 5.92%, while the EPS fell short of the consensus estimate of $3.96 by 0.76% [1] Revenue Breakdown - Production & precision ag net sales reached $4.74 billion, surpassing the average estimate of $4.61 billion, reflecting a year-over-year increase of 10.1% [4] - Agriculture and Turf net sales totaled $7.2 billion, exceeding the average estimate of $6.8 billion, marking a 9% year-over-year increase [4] - Equipment Operations net sales were $10.58 billion, above the five-analyst average estimate of $9.9 billion, representing a 14.1% year-over-year change [4] - Small ag & turf net sales amounted to $2.46 billion, exceeding the average estimate of $2.2 billion, with a year-over-year increase of 6.6% [4] - Construction & forestry net sales reached $3.38 billion, surpassing the average estimate of $3.1 billion, indicating a significant year-over-year increase of 27% [4] - Other revenues were reported at $267 million, below the estimated $311.55 million, reflecting a year-over-year decline of 22.8% [4] - Financial services revenues totaled $1.55 billion, slightly below the average estimate of $1.57 billion, with a year-over-year increase of 1.7% [4] - Financial services- Other Income was $171 million, exceeding the estimated $126.74 million, showing a year-over-year increase of 46.2% [4] - Financial services- Total revenues were $1.67 billion, below the estimated $1.7 billion, representing a year-over-year decline of 0.9% [4] - Financial services- Finance and Interest Income was reported at $1.5 billion, below the average estimate of $1.58 billion, reflecting a year-over-year decrease of 4.4% [4] - Net sales were $10.58 billion, compared to the average estimate of $9.89 billion, indicating a year-over-year change of -5.1% [4] - Equipment Operations- Other income was $242 million, slightly below the average estimate of $247.22 million, with a year-over-year decline of 11.7% [4] Stock Performance - Deere's shares have returned +6.4% over the past month, contrasting with the Zacks S&P 500 composite's -0.3% change [3] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [3]

Core Insights - Prosus N.V. is a Dutch technology investor with a significant stake in Tencent Holdings, focusing on digital services and e-commerce expansion [1] - The company reported earnings with an EPS of $0.43 and revenue of approximately $3.61 billion, exceeding estimates [2][6] - Prosus experienced a 99% increase in adjusted core profit for the half-year, driven by strong e-commerce and digital services performance [3][6] Financial Performance - Revenue growth is attributed to successful e-commerce operations and strategic investments, with a 70% increase in profitability across regions including Latin America, Europe, and India [3] - The company has a P/E ratio of 17.97, a price-to-sales ratio of 23.03, and an enterprise value to sales ratio of 24.53, indicating strong market valuation [4] - Prosus maintains a debt-to-equity ratio of 0.32 and a current ratio of 3.54, reflecting low debt levels and strong liquidity [5][6]

Core Insights - Agilent Technologies reported fourth-quarter fiscal 2025 earnings of $1.59 per share, matching the Zacks Consensus Estimate, with an 8.9% year-over-year increase [1] - Revenues reached $1.86 billion, exceeding the Zacks Consensus Estimate by 1.49%, reflecting a 9.4% increase on a reported basis and a 7.2% increase on a core basis year over year [1] Revenue Breakdown - The Life Sciences and Diagnostics Markets Group (LDG) generated $755 million, accounting for 40.6% of total revenues, with a 15% increase on a reported basis and an 11% rise on a core basis year over year [2] - The Agilent CrossLab Group (ACG) also reported revenues of $755 million, representing 40.6% of total revenues, with a 7% increase on a reported basis and a 6% increase on a core basis year over year [3] - The Applied Markets Group (AMG) saw revenues increase by 4% year over year to $351 million on a reported basis and 3% on a core basis, making up 18.9% of total revenues [3] Operating Results - The gross margin for the LDG segment contracted by 90 basis points year over year to 52.9%, while ACG's gross margin decreased by 140 basis points to 54.9%, and AMG's gross margin fell by 40 basis points to 54.6% [4] - Non-GAAP operating margin for the fourth quarter was 27.1%, down 30 basis points year over year [6] - LDG's operating margin increased by 130 basis points to 22.7%, while ACG's margin fell by 130 basis points to 32.5%, and AMG's margin contracted by 70 basis points to 24.7% [6] Expenses - Research and development (R&D) expenses on a non-GAAP basis were $116 million, up 6.4% from the prior-year quarter, while selling, general and administrative (SG&A) expenses rose to $386 million, marking a 6.6% increase [5] - As a percentage of revenues, R&D expenses fell by 20 basis points to 6.2%, and SG&A expenses decreased by 50 basis points to 20.7% year over year [5] Balance Sheet - As of October 31, 2025, Agilent's cash and cash equivalents were $1.78 billion, an increase from $1.54 billion as of July 31, 2025 [7] - Long-term debt decreased to $3.05 billion from $3.35 billion as of July 31, 2025 [7] Guidance - For Q1 fiscal 2026, Agilent expects revenues between $1.79 billion and $1.82 billion, indicating a rise of 6% to 8% on a reported basis and 4% to 6% on a core basis, with non-GAAP earnings projected between $1.35 and $1.38 per share [9] - For fiscal 2026, the company anticipates revenues between $7.3 billion and $7.4 billion, implying a 5-7% increase on a reported basis and 4-6% on a core basis, with non-GAAP earnings expected between $5.86 and $6.00 per share [10]

Core Viewpoint - NIO Inc. reported mixed Q3 2025 results, beating earnings expectations but missing revenue targets [1] Financial Performance - The company exceeded earnings expectations for Q3 2025 [1] - Revenue figures fell short of market expectations [1]

Core Insights - Walmart Inc. reported fiscal third-quarter earnings of $179.5 billion in revenue and $0.62 in adjusted earnings per share, surpassing analyst expectations [1] - The company raised its full-year sales growth guidance to a range of 4.8% to 5.1%, up from the previous estimate of 3.75% to 4.75% [1] - Walmart's CEO Doug McMillon announced his departure, with John Furner set to take over, prompting discussions about the company's turnaround under McMillon [1] Financial Performance - Fiscal third-quarter revenue: $179.5 billion [1] - Adjusted earnings per share: $0.62, exceeding analyst estimates [1] - Revised full-year sales growth guidance: 4.8% to 5.1% [1] Management Changes - CEO Doug McMillon will be succeeded by John Furner [1] - Discussions around the impact of McMillon's leadership on Walmart's turnaround [1] Market Position - Jim Cramer highlighted Walmart's resilience in the face of tariffs, contrasting its performance with that of Target, which is reportedly falling behind [2]