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Blue Lagoon Resources Officially Opens Dome Mountain Gold Mine in British Columbia
Thenewswire· 2025-07-11 12:05
Core Points - Blue Lagoon Resources Inc. has officially opened its Dome Mountain Gold Mine Project, which recently received its mining permit, making it one of only nine mining permits granted in British Columbia in the past decade [1][11] - The project is notable for being a high-grade, road-accessible gold project that has reached production-ready status in recent years [1] - The opening ceremony was attended by over 100 guests, including dignitaries and representatives from various governmental agencies, highlighting the project's significance for the region [2][3] Company Overview - Blue Lagoon Resources is a Canadian publicly listed mining company focused on developing its 100% owned Dome Mountain Gold project, with a goal of becoming a cash-flowing mining company [11] - The company achieved a key milestone by obtaining a full mining permit in February 2025, which is one of only nine such permits issued in British Columbia since 2015 [11] - The company is now preparing for the start of gold production, targeting Q3 2025 [11] Project Details - The Dome Mountain Gold Mine Project features a state-of-the-art water treatment plant capable of treating over six times the current needs at the site, ensuring long-term environmental resilience [5] - Pre-production work is set to begin next week, with mining expected to commence immediately after the completion of the biological ramp-up phase of the Moving Bed Biofilm Reactor (MBBR) system, which is anticipated to take about four weeks [6][10] - The project has a strong technical team and strategic partnerships, including a long-term toll milling agreement with Nicola Mining [7][8] Community and Cultural Engagement - The opening ceremony included participation from the Lake Babine Nation, showcasing a commitment to cultural heritage and collaboration with local communities [4][5] - The presence of Hereditary Chiefs and Guardians from the Lake Babine Nation during the ceremony emphasized the importance of respectful collaboration in the mining process [4][5]
‘Ludicrous’: New report on Kristi Noem’s 3-day delay of Texas flood rescue
MSNBC· 2025-07-11 00:46
Good evening from New York. I'm Chris Hayes. 7 days after that tragic flooding in Texas, at least 121 people have been confirmed dead, while 166 are still missing.Almost a week out from the initial flooding, search and rescue operations have now shifted to a recovery phase as hope of finding survivors dwindles. And with that horrible reality front of mind, we're starting to learn the ways in which the Trump administration failed in its response to that deadly flooding. According to a eye-opening new report, ...
Will Altria (MO) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-07-10 17:11
Core Insights - Altria (MO) is positioned to potentially continue its earnings-beat streak in the upcoming report, having a history of beating earnings estimates, particularly in the last two quarters with an average surprise of 3.35% [1][2] Earnings Performance - For the last reported quarter, Altria achieved earnings of $1.23 per share, surpassing the Zacks Consensus Estimate of $1.17 per share, resulting in a surprise of 5.13% [2] - In the previous quarter, Altria was expected to post earnings of $1.27 per share but delivered $1.29 per share, yielding a surprise of 1.57% [2] Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Altria, with a positive Zacks Earnings ESP (Expected Surprise Prediction), indicating a strong likelihood of an earnings beat [5] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced a positive surprise nearly 70% of the time [6] Current Earnings ESP and Outlook - Altria currently has an Earnings ESP of +0.42%, suggesting analysts are optimistic about its near-term earnings potential [8] - Combined with a Zacks Rank of 2 (Buy), this indicates a strong possibility of another earnings beat in the upcoming report, expected on July 30, 2025 [8]
Why NextEra (NEE) is Poised to Beat Earnings Estimates Again
ZACKS· 2025-07-10 17:11
Core Viewpoint - NextEra Energy (NEE) is well-positioned to continue its earnings-beat streak in the upcoming report, having surpassed earnings estimates consistently in recent quarters [1][5]. Earnings Performance - In the last reported quarter, NextEra achieved earnings of $0.99 per share, exceeding the Zacks Consensus Estimate of $0.97 per share, resulting in a surprise of 2.06% [2]. - In the previous quarter, the company was expected to report earnings of $0.51 per share but delivered $0.53 per share, leading to a surprise of 3.92% [2]. Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for NextEra, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5][8]. - The current Earnings ESP for NextEra stands at +1.98%, suggesting increased analyst optimism regarding its near-term earnings potential [8]. Zacks Rank and Success Rate - NextEra holds a Zacks Rank of 3 (Hold), which, when combined with a positive Earnings ESP, indicates a high probability of beating consensus estimates, with historical data showing nearly 70% success in such cases [6][8].
Will Truist Financial (TFC) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-07-10 17:11
Core Insights - Truist Financial Corporation (TFC) has a strong track record of beating earnings estimates, particularly in the last two quarters with an average surprise of 2.88% [1][2] - The company reported earnings of $0.87 per share in the last quarter, exceeding the Zacks Consensus Estimate of $0.86 per share, resulting in a surprise of 1.16% [2] - The previous quarter saw an even larger surprise, with actual earnings of $0.91 per share against an expected $0.87, yielding a surprise of 4.60% [2] Earnings Estimates and Predictions - Earnings estimates for Truist Financial have been trending higher, supported by its history of earnings surprises [5] - The stock currently has a positive Zacks Earnings ESP of +0.92%, indicating bullish sentiment among analysts regarding its near-term earnings potential [8] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat in the upcoming report [8] Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7] - The next earnings report for Truist Financial is anticipated to be released on July 18, 2025 [8]
Why Bright Horizons (BFAM) is Poised to Beat Earnings Estimates Again
ZACKS· 2025-07-10 17:11
Core Insights - Bright Horizons Family Solutions (BFAM) is positioned to potentially continue its earnings-beat streak in upcoming reports, with a history of surpassing earnings estimates, particularly in the last two quarters, averaging a surprise of 14.96% [1][5] Earnings Performance - For the most recent quarter, Bright Horizons reported earnings of $0.63 per share against an expectation of $0.77 per share, resulting in a surprise of 22.22%. In the previous quarter, the company exceeded the consensus estimate of $0.91 per share by reporting $0.98 per share, achieving a surprise of 7.69% [2] Earnings Estimates and Predictions - Recent estimates for Bright Horizons have been trending upward, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat, especially when combined with its Zacks Rank [5][8] - The Zacks Earnings ESP currently stands at +0.50%, reflecting increased analyst optimism regarding the company's near-term earnings potential [8] Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise, suggesting that out of 10 such stocks, approximately seven may beat consensus estimates [6][8]
Why The Bank of New York Mellon (BK) Could Beat Earnings Estimates Again
ZACKS· 2025-07-10 17:11
Core Viewpoint - The Bank of New York Mellon Corporation (BK) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of surpassing expectations [1]. Earnings Performance - The company has consistently exceeded earnings estimates, averaging a beat of 8.15% over the last two quarters [2]. - In the most recent quarter, BK was expected to report earnings of $1.58 per share but reported $1.49 per share, resulting in a surprise of 6.04%. In the previous quarter, it exceeded the estimate of $1.56 per share by reporting $1.72 per share, a surprise of 10.26% [2]. Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for BK, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6]. Current Earnings ESP - BK currently has an Earnings ESP of +1.03%, suggesting that analysts are optimistic about the company's earnings prospects. This positive ESP, combined with a Zacks Rank of 2 (Buy), indicates a potential for another earnings beat [8]. - The next earnings report for BK is expected to be released on July 15, 2025 [8].
Why BorgWarner (BWA) is Poised to Beat Earnings Estimates Again
ZACKS· 2025-07-10 17:11
Core Viewpoint - BorgWarner is positioned to potentially continue its earnings-beat streak in upcoming reports, having surpassed earnings estimates consistently in recent quarters [1][5]. Earnings Performance - In the most recent quarter, BorgWarner reported earnings of $0.98 per share, missing the expected $1.11 per share by 13.27%. In the previous quarter, it exceeded the consensus estimate of $0.92 per share by reporting $1.01 per share, resulting in a surprise of 9.78% [2]. Earnings Estimates and Predictions - BorgWarner's earnings estimates have been trending higher, supported by its history of earnings surprises. The company currently has a positive Zacks Earnings ESP of +11.20%, indicating bullish sentiment among analysts regarding its earnings prospects [5][8]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with historical data showing that stocks with this combination beat estimates nearly 70% of the time [6][8]. Earnings ESP Explanation - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions. This metric is crucial for predicting earnings performance [7][9].
Why Cadence (CADE) Could Beat Earnings Estimates Again
ZACKS· 2025-07-10 17:11
Core Insights - Cadence (CADE) has a strong track record of beating earnings estimates, particularly in the last two quarters with an average surprise of 6.94% [1] - The most recent earnings report showed a surprise of 10.94%, with actual earnings of $0.64 per share against an expectation of $0.71 [2] - The previous quarter also saw a positive surprise of 2.94%, with actual earnings of $0.70 per share compared to a consensus estimate of $0.68 [2] Earnings Estimates and Predictions - Estimates for Cadence have been trending higher, supported by its history of earnings surprises [5] - The stock currently has a positive Zacks Earnings ESP of +2.90%, indicating bullish sentiment among analysts regarding its near-term earnings potential [7] - Combining the positive Earnings ESP with a Zacks Rank of 1 (Strong Buy) suggests a high likelihood of another earnings beat in the upcoming report scheduled for July 23, 2025 [7] Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6] - This means that out of 10 stocks with this combination, approximately 7 could beat the consensus estimate [6] - The Earnings ESP metric is based on the Most Accurate Estimate compared to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7]