Company Performance - Progressive reported quarterly earnings of $4.88 per share, exceeding the Zacks Consensus Estimate of $4.43 per share, and up from $2.65 per share a year ago, representing an earnings surprise of +10.16% [1] - The company posted revenues of $21.62 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.51%, and an increase from $18.26 billion year-over-year [2] - Over the last four quarters, Progressive has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Future Outlook - The sustainability of the stock's price movement will depend on management's commentary during the earnings call and the earnings outlook for the coming quarters [3][4] - The current consensus EPS estimate for the upcoming quarter is $3.67 on revenues of $22.46 billion, and for the current fiscal year, it is $16.84 on revenues of $87.46 billion [7] - The estimate revisions trend for Progressive was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Insurance - Property and Casualty industry, to which Progressive belongs, is currently in the top 31% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [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]

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Applied Materials (AMAT) .Applied Materials currently has an average brokerage recommendation ( ...

Core Viewpoint - Goldman Sachs reported quarterly earnings of $10.91 per share, exceeding the Zacks Consensus Estimate of $9.43 per share, and showing an increase from $8.62 per share a year ago, representing an earnings surprise of +15.69% [1][2] Financial Performance - The company posted revenues of $14.58 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 8.06%, compared to $12.73 billion in revenues a year ago [2] - Over the last four quarters, Goldman Sachs has consistently surpassed consensus EPS estimates [2] Stock Performance - Goldman shares have increased approximately 22.7% since the beginning of the year, significantly outperforming the S&P 500's gain of 6.2% [3] Future Outlook - The company's earnings outlook will be crucial for determining the sustainability of its stock price movement, with current consensus EPS estimates at $10.04 for the coming quarter and $44.16 for the current fiscal year [4][7] - The Zacks Rank for Goldman Sachs is currently 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Financial - Investment Bank industry is currently ranked in the top 21% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]

First Horizon National (FHN) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +9.76%. A quarter ago, it was expected that this bank holding company would post earnings of $0.4 per share when it actually produced earnings of $0.42, delivering a surprise of +5%.Over the last four quarter ...

Piedmont Lithium Inc. - Sponsored ADR (PLL) shares soared 11.5% in the last trading session to close at $7.49. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 9.6% gain over the past four weeks.Shares of Piedmont Lithium gained, driven by the increase in price of lithium. Even though lithium has fallen 24.9% in a year's time, it has improved 7.4% in a month.This company is expected to post quarterly loss of $0.38 per share in its ...

Energy Fuels (UUUU) shares ended the last trading session 10.7% higher at $7.76. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 20.9% gain over the past four weeks.Shares of Energy Fuels gained following the announcement that the Pinyon Plain uranium mine in Arizona is significantly outperforming earlier production estimates. Pinyon Plain mine output was driven by high grades averaging 3.51% in June and 2.23% in t ...

Custom Truck One Source, Inc. (CTOS) shares soared 10.1% in the last trading session to close at $5.67. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 9.1% gain over the past four weeks. Custom Truck One Source shares surged after Wall Street firm Stifel upgraded the stock from Hold to Buy and increased its price target. Stifel upgraded Custom Truck, citing improved equipment availability in the second quarter, stronger rental u ...

Turning Point Brands (TPB) shares soared 5.1% in the last trading session to close at $78.39. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 1.4% loss over the past four weeks.Turning Point Brands shares are gaining on optimism surrounding growth in the modern oral segment, supported by expanding nicotine pouch sales and increasing market penetration. The company’s focus on brand building, retail partnerships, and operational en ...

Shopify (SHOP) closed at $115.01 in the latest trading session, marking a -1.48% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.4%. At the same time, the Dow lost 0.98%, and the tech-heavy Nasdaq gained 0.18%. Prior to today's trading, shares of the cloud-based commerce company had gained 7.72% outpaced the Computer and Technology sector's gain of 6.34% and the S&P 500's gain of 4.97%.Investors will be eagerly watching for the performance of Shopify in its upcomin ...

Group 1 - Hancock Whitney (HWC) reported quarterly earnings of $1.37 per share, exceeding the Zacks Consensus Estimate of $1.34 per share, and up from $1.31 per share a year ago, representing an earnings surprise of +2.24% [1] - The company posted revenues of $375.48 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.14%, and an increase from year-ago revenues of $359.6 million [2] - Hancock Whitney shares have increased approximately 10.1% since the beginning of the year, outperforming the S&P 500's gain of 6.6% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is $1.36 on revenues of $384.34 million, and for the current fiscal year, it is $5.53 on revenues of $1.51 billion [7] - The Zacks Industry Rank for Banks - Southeast is currently in the top 24% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] - FVCBankcorp, another company in the same industry, is expected to report quarterly earnings of $0.28 per share, reflecting a year-over-year change of +21.7% [9]