Earnings estimate revisions
Search documents
Solventum (SOLV) Just Overtook the 200-Day Moving Average
ZACKS· 2025-05-12 14:30
Group 1 - Solventum (SOLV) has reached a significant support level and is considered a good investment pick from a technical perspective, having recently broken through the 200-day moving average, indicating a long-term bullish trend [1] - The 200-day simple moving average is a widely-used indicator that helps establish market trends, and SOLV has gained 6.1% over the past four weeks, currently holding a Zacks Rank 2 (Buy), suggesting potential for further price increases [2] - Positive earnings estimate revisions strengthen the bullish case for SOLV, with three upward revisions compared to none lower for the current fiscal year, and the consensus estimate has also increased, indicating potential for more gains [3]
Centuri Holdings (CTRI) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-12 14:15
Group 1 - Centuri Holdings reported a quarterly loss of $0.12 per share, better than the Zacks Consensus Estimate of a loss of $0.16, and a significant improvement from a loss of $137.53 per share a year ago, indicating a 25% earnings surprise [1] - The company posted revenues of $550.08 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 3.68%, and showing an increase from $528.02 million in the same quarter last year [2] - Centuri shares have increased approximately 10.5% since the beginning of the year, contrasting with a -3.8% decline in the S&P 500 [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is $0.13 on revenues of $667.42 million, and for the current fiscal year, it is $0.57 on revenues of $2.67 billion [7] - The Zacks Industry Rank for Utility - Electric Power is in the top 22% of over 250 Zacks industries, suggesting a favorable outlook for the industry [8]
Southwest Gas (SWX) Tops Q1 Earnings Estimates
ZACKS· 2025-05-12 14:10
Southwest Gas (SWX) came out with quarterly earnings of $1.65 per share, beating the Zacks Consensus Estimate of $1.61 per share. This compares to earnings of $1.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.48%. A quarter ago, it was expected that this natural gas company would post earnings of $1.15 per share when it actually produced earnings of $1.39, delivering a surprise of 20.87%.Over the last four quarters, the ...
Essential Utilities (WTRG) Q1 Earnings and Revenues Beat Estimates
ZACKS· 2025-05-12 13:10
分组1 - Essential Utilities reported quarterly earnings of $1.03 per share, exceeding the Zacks Consensus Estimate of $0.80 per share, and up from $0.73 per share a year ago, representing an earnings surprise of 28.75% [1] - The company posted revenues of $783.63 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 13.34%, compared to year-ago revenues of $612.07 million [2] - Essential Utilities shares have increased approximately 12.2% since the beginning of the year, while the S&P 500 has declined by 3.8% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.32 on revenues of $468.99 million, and for the current fiscal year, it is $2.10 on revenues of $2.3 billion [7] - The Utility - Water Supply industry is currently ranked in the top 35% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] 分组3 - The estimate revisions trend for Essential Utilities is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, suggesting expected underperformance in the near future [6]
Sally Beauty (SBH) Q2 Earnings Beat Estimates
ZACKS· 2025-05-12 12:55
Core Insights - Sally Beauty reported quarterly earnings of $0.42 per share, exceeding the Zacks Consensus Estimate of $0.39 per share, and showing an increase from $0.35 per share a year ago, resulting in an earnings surprise of 7.69% [1] - The company posted revenues of $883.15 million for the quarter ended March 2025, which was 1.99% below the Zacks Consensus Estimate and a decrease from $908.36 million in the same quarter last year [2] - Over the last four quarters, Sally Beauty has surpassed consensus EPS estimates three times but has only topped revenue estimates once [2] Future Outlook - The sustainability of the stock's price movement will largely depend on management's commentary during the earnings call and the revisions of earnings estimates [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.46 on revenues of $941.48 million, and for the current fiscal year, it is $1.83 on revenues of $3.72 billion [7] - The estimate revisions trend for Sally Beauty is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Retail - Miscellaneous industry, to which Sally Beauty belongs, is currently ranked in the top 37% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Another competitor in the same industry, Ulta Beauty, is expected to report quarterly earnings of $5.73 per share, reflecting a year-over-year decline of 11.4%, with revenues projected at $2.79 billion, up 2.2% from the previous year [9][10]
United Parks & Resorts (PRKS) Reports Q1 Loss, Lags Revenue Estimates
ZACKS· 2025-05-12 12:40
Group 1: Earnings Performance - United Parks & Resorts reported a quarterly loss of $0.29 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.23, and compared to a loss of $0.17 per share a year ago, indicating a significant earnings surprise of -26.09% [1] - The company posted revenues of $286.95 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 2.37%, and down from $297.42 million in the same quarter last year [2] - Over the last four quarters, the company has not surpassed consensus EPS estimates and has topped revenue estimates only once [2] Group 2: Stock Performance and Outlook - United Parks & Resorts shares have declined approximately 16% since the beginning of the year, contrasting with the S&P 500's decline of -3.8% [3] - The current consensus EPS estimate for the upcoming quarter is $1.69 on revenues of $500.75 million, and for the current fiscal year, it is $4.36 on revenues of $1.73 billion [7] - The estimate revisions trend for United Parks & Resorts is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] Group 3: Industry Context - The Leisure and Recreation Services industry, to which United Parks & Resorts belongs, is currently ranked in the bottom 35% of over 250 Zacks industries, suggesting a challenging environment for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor sentiment and stock performance [5]
Dole (DOLE) Q1 Earnings Miss Estimates
ZACKS· 2025-05-12 12:10
Company Performance - Dole reported quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.39 per share, and down from $0.43 per share a year ago, representing an earnings surprise of -10.26% [1] - The company posted revenues of $2.1 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 4.54%, but down from $2.12 billion year-over-year [2] - Over the last four quarters, Dole has surpassed consensus EPS estimates two times and topped consensus revenue estimates four times [2] Stock Performance - Dole shares have increased approximately 9% since the beginning of the year, contrasting with the S&P 500's decline of -3.8% [3] - The current consensus EPS estimate for the coming quarter is $0.48 on revenues of $2.14 billion, and for the current fiscal year, it is $1.33 on revenues of $8.39 billion [7] Industry Outlook - The Agriculture - Operations industry, to which Dole belongs, is currently in the top 36% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that industry performance can significantly impact stock performance [5][8]
Wall Street Analysts See a 219.98% Upside in Syndax (SNDX): Can the Stock Really Move This High?
ZACKS· 2025-05-09 15:00
Core Viewpoint - Syndax Pharmaceuticals (SNDX) shows significant upside potential with a mean price target of $35.23, indicating a 220% increase from the current price of $11.01 [1] Price Targets and Estimates - The mean estimate consists of 13 short-term price targets with a standard deviation of $10.34, suggesting variability among analysts [2] - The lowest estimate of $17 indicates a 54.4% increase, while the highest estimate predicts a surge of 363.2% to $51 [2] - A low standard deviation indicates a high degree of agreement among analysts regarding price movement [9] Analyst Sentiment and Earnings Estimates - Analysts have shown increasing optimism about SNDX's earnings prospects, with a positive trend in earnings estimate revisions [11] - The Zacks Consensus Estimate for the current year has risen by 5.6% over the past month, with four estimates increasing and no negative revisions [12] - SNDX holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] Caution on Price Targets - While price targets are commonly referenced, they can mislead investors, as empirical research shows they rarely indicate actual stock price movements [7][10] - Analysts may set overly optimistic price targets due to business incentives, which can inflate expectations [8]
Bears are Losing Control Over Sunnova Energy (NOVA), Here's Why It's a 'Buy' Now
ZACKS· 2025-05-09 14:55
Core Viewpoint - Sunnova Energy (NOVA) has experienced an 8.1% decline in share price over the past two weeks, but the formation of a hammer chart pattern suggests potential support and a possible trend reversal in the future [1][2]. Technical Analysis - The hammer chart pattern indicates a potential bottoming out, with reduced selling pressure, which could lead to a bullish trend for the stock [2][5]. - A hammer pattern typically forms during a downtrend, where the stock opens lower, makes a new low, but then closes near or above the opening price, indicating buying interest [4][5]. - The effectiveness of the hammer pattern is contingent on its placement on the chart and should be used alongside other bullish indicators [6]. Fundamental Analysis - There has been a recent upward trend in earnings estimate revisions for NOVA, which is a positive sign for the stock's future performance [7]. - Over the last 30 days, the consensus EPS estimate for the current year has increased by 0.4%, indicating that analysts expect better earnings than previously predicted [8]. - NOVA holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, suggesting strong potential for outperformance in the market [9].
Aecom Technology (ACM) Crossed Above the 200-Day Moving Average: What That Means for Investors
ZACKS· 2025-05-09 14:50
Core Viewpoint - Aecom Technology (ACM) is showing potential as a strong investment opportunity due to its recent technical indicators and positive earnings revisions [1][2][3] Technical Analysis - ACM has recently surpassed the 200-day moving average, indicating a long-term bullish trend [1] - The stock has appreciated by 12% over the past four weeks, suggesting upward momentum [2] Earnings Estimates - There have been two upward revisions in earnings estimates for the current fiscal year, with no downward revisions, indicating positive sentiment among analysts [3] - The consensus estimate for ACM has also increased, further supporting the bullish outlook [3] Investment Recommendation - Given the strong technical indicators and positive earnings revisions, ACM is recommended for investors to consider adding to their watchlist [3]