Core Insights - Acadia Healthcare Company, Inc. (ACHC) reported adjusted third-quarter earnings of 72 cents per share, exceeding the Zacks Consensus Estimate by 7.5%, but reflecting a year-over-year decline of 20.9% [1][9] - Total revenues increased by 4.4% year over year to $851.6 million, slightly surpassing the consensus mark by 0.4% [1][9] Financial Performance - Same-facility revenues reached $827.8 million, a 3.7% increase year over year, but fell short of the Zacks Consensus Estimate by 1.4% [3] - Patient days increased by 1.3%, while admissions grew by 3.3% year over year [3] - Average length of stay decreased by 1.9% year over year, missing the consensus estimate by 3.2% [3] - Total expenses rose by 13.2% year over year to $811.6 million, driven by higher salaries, wages, benefits, and other operating costs [4] Cash and Debt Position - As of September 30, 2025, Acadia Healthcare had cash and cash equivalents of $118.7 million, up from $76.3 million at the end of 2024 [5] - Long-term debt increased to $2.3 billion from $1.9 billion as of December 31, 2024 [6] - Total equity rose to $3.1 billion compared to the end of 2024 [6] Share Repurchase and Guidance - Year-to-date share repurchases totaled $50.4 million, with no buyback activity in the third quarter [7] - 2025 revenue guidance was revised down to a range of $3.28 to $3.30 billion, and adjusted EBITDA is now estimated between $650 million and $660 million [8][10] Industry Comparison - HCA Healthcare reported adjusted EPS of $6.96, surpassing estimates by 23.2% and showing a 42% year-over-year improvement [12] - Universal Health Services reported adjusted EPS of $5.69, exceeding estimates by 22.1% and reflecting a 53.4% year-over-year increase [13] - Community Health Systems posted adjusted earnings of $1.27 per share, beating estimates and improving from a prior-year loss [14]

Core Insights - Xerox Holdings (XRX) reported mixed third-quarter 2025 results, with earnings exceeding the Zacks Consensus Estimate but revenues falling short [1][10] - The company's shares have declined 2.6% since the earnings release on October 30, reflecting market disappointment with the results [1] Financial Performance - Adjusted operating income for the quarter was $65 million, down 18.8% year-over-year, with an adjusted operating margin of 3.3%, a decrease of 1.9 basis points year-over-year [7] - Quarterly adjusted earnings were 20 cents per share, surpassing estimates by 4% but down 20% from the previous year [3][10] - Revenues totaled $1.96 billion, missing estimates by 4.5% but showing a year-over-year increase of 28.3% [3][10] Revenue Breakdown - Post-sale revenues reached $1.58 billion, up 32.7% year-over-year but below the estimate of $1.72 billion [5] - Equipment sales increased by 13% year-over-year to $383 million, exceeding the estimate of $338.5 million [5] - The Print and Other segment generated revenues of $1.74 billion, up 20.6% year-over-year, beating the estimate of $1.42 billion [5] Guidance and Outlook - For 2025, the adjusted operating margin is projected to be approximately 3.5-4.5%, with a midpoint of 4% lower than the previous estimate of 4.5% [2] - Free cash flow is anticipated to be between $150-$250 million, with a midpoint of $200 million, down from the prior view of $250 million [2] - Operating cash flow for 2025 is expected to be approximately $245 million, reduced from the previous estimate of $345 million [2] Market Performance - Xerox's shares have depreciated 66.1% over the past year, contrasting with a 51.2% decline in the Office Supplies industry and a 15.6% rise in the S&P 500 [4]

Core Insights - Flowers Foods, Inc. (FLO) reported third-quarter fiscal 2025 results with modest sales growth but missed the Zacks Consensus Estimate for revenue, while adjusted earnings per share (EPS) declined year over year but met consensus expectations [1][3][11]. Financial Performance - Sales reached $1,226.6 million, a 3% increase year over year, but fell short of the Zacks Consensus Estimate of $1,233 million [4][11]. - Adjusted EPS was 23 cents, reflecting a 30.3% decline year over year [3]. - The Simple Mills acquisition contributed 5.9% to sales, helping to offset declines in price/mix and volume [4][11]. Sales Breakdown - Branded retail sales increased by 6.9% to $812.8 million, driven by the Simple Mills acquisition, despite unfavorable price/mix and lower volumes [5]. - Other sales decreased by 3.8% to $413.8 million, impacted by unfavorable price/mix, although volume for non-retail items increased [6]. Cost and Margin Analysis - Production costs increased to 52.1% of net sales, up 190 basis points, due to higher outside product purchases and lower production volumes [7]. - Selling, distribution, and administrative (SD&A) expenses were 38.8% of sales, reflecting a slight increase due to higher workforce-related costs [8]. - Adjusted EBITDA decreased by 11.4% to $118.1 million, with an adjusted EBITDA margin of 9.6%, down 160 basis points [9]. Cash Flow and Financial Position - Cash flow from operating activities totaled $54.3 million, with capital expenditures of $23.9 million and dividends paid amounting to $52.3 million [12]. - At the end of the fiscal third quarter, cash and cash equivalents were nearly $16.7 million, with long-term debt at $1,779.6 million and stockholders' equity at $1,420.5 million [10]. Fiscal 2025 Outlook - Management revised the fiscal 2025 net sales outlook to a range of $5.254-$5.306 billion, indicating a year-over-year increase of 2.9% to 4% [13]. - Adjusted EBITDA is projected to be between $515-$532 million, while adjusted EPS is expected in the range of $1.02-$1.08 [14].

Core Insights - USA Compression Partners (USAC) reported a third-quarter adjusted net profit of 26 cents per common unit, exceeding the Zacks Consensus Estimate of 22 cents, and improved from 13 cents in the same quarter last year due to increased average revenue per horsepower [1][8] Financial Performance - The company generated revenues of $250.3 million, a 4.3% increase from the previous year's quarter, surpassing the Zacks Consensus Estimate of $247 million, driven by a 3.4% rise in contract operations and a 23.4% increase in related-party revenues [2][8] - Adjusted EBITDA rose by 10% to $160.3 million, exceeding the estimate of $146.8 million [2] - Distributable cash flow increased to $103.8 million from $86.6 million year-over-year, with net income reported at $34.5 million compared to $19.3 million in the prior year [3] - Net operating cash flow for the third quarter was $75.9 million, up from $48.5 million in the same quarter last year [3] - Adjusted gross operating margin improved to 69.3%, up from 65.9% in the year-ago period [3] Operational Metrics - Revenue-generating capacity slightly declined to 3.6 million horsepower, aligning with estimates, while average monthly revenue per horsepower increased to $21.46 from $20.60 [4] - The average quarterly horsepower utilization rate was 94%, down from 94.6% a year ago [4] Capital Expenditures and Debt - The company reported costs and expenses of $166.3 million, a decrease of 4.1% from $173.5 million in the previous year [6] - Growth capital expenditures amounted to $37.3 million, while maintenance capital expenditures were $9 million [6] - As of September 30, 2025, USAC had a net long-term debt of $2.5 billion [6] Future Guidance - USAC expects full-year 2025 adjusted EBITDA to be between $610 million and $620 million, with distributable cash flow projected to range from $370 million to $380 million [7][8] - Expansion capital expenditures are anticipated to be between $115 million and $125 million, while maintenance capital expenditures are expected to total between $38 million and $42 million [7]

Core Insights - Victory Capital Holdings (VCTR) reported a revenue of $361.2 million for the quarter ended September 2025, marking a year-over-year increase of 60.1% and an EPS of $1.63 compared to $1.35 a year ago [1] - The reported revenue was slightly below the Zacks Consensus Estimate of $361.76 million, resulting in a surprise of -0.16%, while the EPS exceeded expectations by 1.87% [1] Financial Performance - Victory Capital's shares have returned -7.2% over the past month, contrasting with the Zacks S&P 500 composite's +1.3% change, and the stock currently holds a Zacks Rank 3 (Hold) [3] - The company’s ending assets under management (AUM) totaled $310.64 billion, closely aligning with the average estimate of $310.65 billion from three analysts [4] - Specific AUM figures include: - Money Market/Short-term: $3.66 billion [4] - Alternative Investments: $3.02 billion [4] - U.S. Small Cap Equity: $12.72 billion [4] - U.S. Mid Cap Equity: $31.88 billion [4] - Solutions: $86.96 billion [4] - Global/Non-U.S. Equity: $28.96 billion [4] - Fixed Income: $80.39 billion [4] - U.S. Large Cap Equity: $63.06 billion [4] Revenue Breakdown - Investment management fees generated $288.51 million, surpassing the estimated $282.47 million and reflecting a year-over-year increase of 62.3% [4] - Fund administration and distribution fees amounted to $72.69 million, below the estimated $79.28 million, but still showing a year-over-year increase of 52% [4] - Net client cash flows for Money Market/Short-term were reported at -$48 million, contrasting with the average estimate of $15.44 million from two analysts [4]

Core Insights - Sight Sciences, Inc. reported $19.91 million in revenue for Q3 2025, a year-over-year decline of 1.3% [1] - The company achieved an EPS of -$0.16, an improvement from -$0.22 a year ago, with a surprise of +38.46% compared to the consensus estimate of -$0.26 [1] - Revenue exceeded the Zacks Consensus Estimate of $17.16 million by +15.98% [1] Revenue Breakdown - Dry Eye revenue was $0.19 million, significantly below the average estimate of $0.25 million, representing a year-over-year decline of -87.7% [4] - Surgical Glaucoma revenue was $19.72 million, surpassing the estimated $16.91 million, reflecting a year-over-year increase of +5.8% [4] Profit Metrics - Gross Profit for Dry Eye was $0.07 million, below the estimated $0.13 million [4] - Gross Profit for Surgical Glaucoma was $17.13 million, exceeding the average estimate of $13.77 million [4] Stock Performance - Shares of Sight Sciences have returned +45% over the past month, outperforming the Zacks S&P 500 composite's +1.3% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]

Core Insights - DiamondRock Hospitality (DRH) reported revenue of $285.38 million for Q3 2025, reflecting a year-over-year increase of 0.1% and a surprise of +0.72% over the Zacks Consensus Estimate of $283.34 million [1] - The company achieved an EPS of $0.29, compared to $0.11 a year ago, with a surprise of +16% over the consensus estimate of $0.25 [1] Revenue Breakdown - Other Revenues: $28.88 million, exceeding the average estimate of $27.01 million by three analysts, representing a year-over-year increase of +7.5% [4] - Food and Beverage Revenues: $67.42 million, slightly below the average estimate of $67.69 million, with a year-over-year change of +2.5% [4] - Room Revenues: $189.09 million, compared to the average estimate of $190.01 million, showing a year-over-year decline of -1.8% [4] Stock Performance - DiamondRock Hospitality shares have returned +6.2% over the past month, outperforming the Zacks S&P 500 composite's +1.3% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Core Insights - Airbnb's Q3 earnings report showed mixed results, with earnings per share of $2.21 missing the consensus estimate of $2.32, while revenue of $4.09 billion exceeded expectations of $4.07 billion [2][4] Financial Performance - Quarterly earnings per share were reported at $2.21, below the expected $2.32 [2] - Revenue for the quarter reached $4.09 billion, surpassing the Street estimate of $4.07 billion [2] - Adjusted EBITDA exceeded $2 billion, marking the highest in any quarter for the company [4] - Gross Booking Value (GBV) increased by 14% year-over-year to $22.9 billion [3][4] - Nights and Seats Booked rose by 9%, indicating strong demand [4] Market Outlook - For Q4, Airbnb projects revenue between $2.66 billion and $2.72 billion, slightly above the analyst estimate of $2.67 billion [5] - Following the earnings report, Airbnb's stock price increased by 4.38% to $125.81 in extended trading [5]

Core Insights - Amplitude, Inc. reported revenue of $88.56 million for the quarter ended September 2025, reflecting a year-over-year increase of 17.7% [1] - The company's EPS was $0.02, down from $0.03 in the same quarter last year, but it exceeded the consensus EPS estimate of $0.01 by 100% [1] - The reported revenue surpassed the Zacks Consensus Estimate of $86.03 million, resulting in a revenue surprise of +2.94% [1] Financial Performance Metrics - Dollar-based Net Retention Rate was 104%, exceeding the estimated 103.4% by analysts [4] - The number of Paying Customers stood at 4,500, slightly below the average estimate of 4,565 [4] - Annual Recurring Revenue (ARR) reached $347 million, slightly above the estimated $345 million [4] - Remaining Performance Obligations (RPO) for less than or equal to 12 months were reported at $257,677, surpassing the average estimate of $243,625.60 [4] Stock Performance - Over the past month, Amplitude's shares have returned -6.4%, contrasting with the Zacks S&P 500 composite's +1.3% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]

Core Insights - Expedia Group reported strong financial results, with adjusted EPS of $7.57 exceeding the consensus estimate of $6.95, indicating robust performance in earnings [1] - The company experienced an acceleration in gross bookings across both consumer and B2B channels, reflecting positive trends in its business operations [1] Financial Performance - Adjusted EPS reached $7.57, significantly higher than the expected $6.95, showcasing effective cost management and revenue generation strategies [1] - The growth in gross bookings suggests a healthy demand for travel services, which is a positive indicator for the company's future revenue potential [1]