Westlake Corporation (WLK) reported a loss of $40 million or 31 cents per share for the first quarter of 2025. This compares to a profit of $174 million or $1.34 in the year-ago quarter. The bottom line missed the Zacks Consensus Estimate of earnings of 70 cents.Sales dipped around 4.3% year over year to $2,846 million in the quarter. It missed the Zacks Consensus Estimate of $2,920 million. The top line was impacted by a 2% decline in sales volumes and a 2% decline in average sales prices.The results in th ...

Core Insights - Occidental Petroleum Corporation (OXY) reported first-quarter 2025 earnings of 87 cents per share, exceeding the Zacks Consensus Estimate of 73 cents by 19.2% and showing a year-over-year improvement of 38.1% [1] - Total revenues for OXY were $6.84 billion, falling short of the Zacks Consensus Estimate of $7.14 billion by 4.3%, but reflecting a year-over-year increase of 13.9% [2] Financial Performance - Oil and Gas revenues reached $5.68 billion, up 15.6% year over year, while Chemical revenues were $1.18 billion, slightly higher than the previous year [3] - Midstream & Marketing revenues surged 105.1% year over year to $203 million [3] - Total production volume was 1,391 thousand barrels of oil equivalent per day (Mboe/d), aligning with the company's guidance of 1,370-1,410 Mboe/d, and total sales volume increased by 18.4% from the year-ago period [4] Price Realization - Realized prices for crude oil increased by 2% year over year to $71.07 per barrel, while realized natural gas liquids prices rose by 19% to $25.94 per barrel [5] - Natural gas prices saw a significant increase of 92% year over year, reaching $2.42 per thousand cubic feet [5] Operational Highlights - North America assets contributed 83.9% to total production, indicating strong domestic performance [6] - OxyChem reported a pre-tax income of $185 million, exceeding guidance by $15 million [6] Financial Position - As of March 31, 2025, OXY had cash and cash equivalents of $2.61 billion, up from $2.13 billion at the end of 2024 [8] - Long-term debt decreased to $24.03 billion from $24.97 billion, with $6.8 billion in debt retired over the last 10 months, reducing annual interest expenses by $370 million [8][9] - Operating cash flow for the first quarter was $3 billion, compared to $2.45 billion in the same quarter of 2024 [9] Future Guidance - For Q2 2025, OXY expects production between 1,377-1,417 Mboe/d, with Permian Resources segment output anticipated at 760-780 Mboe/d [10] - Exploration expenses are estimated at $105 million, and interest expenses at $275 million for the second quarter [10]

Core Viewpoint - ADTRAN, Inc. reported strong first-quarter 2025 results, with adjusted earnings and revenues exceeding Zacks Consensus Estimates, driven by solid demand trends and management's focus on cost optimization despite macroeconomic headwinds [1] Financial Performance - The company recorded a GAAP net loss of $10.6 million or 13 cents per share, a significant improvement from a net loss of $326.2 million or 4.14 per share in the prior-year quarter, attributed to top-line growth [2] - Non-GAAP net income was $2.4 million or 3 cents per share, compared to a net loss of $16.1 million or 20 cents per share a year ago, beating the Zacks Consensus Estimate by 5 cents [3] - Total revenues increased to $247.7 million from $226.2 million in the prior-year quarter, surpassing the consensus estimate of $245 million, driven by increased service provider spending and lower customer inventories [3] Segment Performance - Network Solutions contributed $202.2 million in revenues, up from $181.3 million in the prior-year quarter, while Services and Support revenues rose to $45.5 million from $44.9 million a year ago [4] Profitability Metrics - Non-GAAP gross margin improved to 42.6% from 40.7% in the prior-year quarter, and non-GAAP operating income was $10.1 million compared to an operating loss of $10.7 million in the year-ago quarter [5] Cash Flow and Liquidity - ADTRAN generated $41.6 million of cash from operating activities in the first quarter, up from $36.6 million in the prior-year period, with cash and cash equivalents totaling $101.3 million as of March 31, 2025 [6] Outlook - For the second quarter of 2025, ADTRAN expects revenues to be in the range of $247.5 million to $262.5 million, with a non-GAAP operating margin projected between 0% to 4% [7]

UGI Corporation (UGI) reported second-quarter fiscal 2025 operating earnings of $2.21 per share, which surpassed the Zacks Consensus Estimate of $1.80 by 22.8%. In the year-ago quarter, the company reported earnings of $1.97 per share. (See the Zacks Earnings Calendar to stay ahead of market-making news.)GAAP earnings per share in the fiscal second quarter were $2.19 compared with $2.30 in the year-ago quarter.Total Revenues of UGIRevenues of $2.67 billion missed the Zacks Consensus Estimate of $2.70 billio ...

The Middleby Corporation (MIDD) reported first-quarter 2025 adjusted earnings of $2.08 per share, which beat the Zacks Consensus Estimate of $1.94. The bottom line increased 10.1% year over year due to lower costs.Net revenues of $906.6 million missed the consensus estimate of $941 million. The top line decreased 2.2% year over year. Organic sales decreased 3.8%. Acquired assets increased sales by 2.4%, while movements in foreign currencies had a negative impact of 0.8%. (Find the latest EPS estimates and s ...

Owens Corning (OC) reported better-than-expected results for first-quarter 2025, wherein adjusted earnings and net sales surpassed the Zacks Consensus Estimate. This marks the 24th consecutive earnings beat for the company. Year over year, the top line grew while the bottom line declined.The quarter’s performance was attributable to strong commercial and operational execution in mixed markets, including positive price-cost mix. During the quarter, the top line witnessed an uptrend mainly due to strong contr ...

Core Insights - MercadoLibre (MELI) reported Q1 2025 earnings of $9.74 per share, exceeding the Zacks Consensus Estimate by 26.99% and increasing 43.7% year over year [1] - Revenues rose 37% year over year to $5.9 billion, surpassing the Zacks Consensus Estimate by 7.39% [1] Revenue Breakdown - Total revenues were driven by commerce and fintech, growing 32.3% to $3.3 billion and 43.3% to $2.6 billion respectively [2] - Brazil's net revenues were $3.08 billion (51.9% of total), up 19.9% year over year [4] - Argentina generated $1.38 billion (23.3% of total), soaring 124.7% year over year [4] - Mexico's net revenues were $1.22 billion (20.6% of total), growing 25.8% year over year [4] - Other countries contributed $249 million (4.2% of total), reflecting a 41.5% increase year over year [5] Key Metrics - Gross Merchandise Volume (GMV) reached $13.3 billion, up 17% year over year [6] - Total Payment Volume (TPV) surged 43.2% year over year to $58.3 billion [6] - Monthly Active Users in fintech rose 31% year over year to 64.3 million [3] - Assets Under Management grew 103% year over year to $11.2 billion [3] Operating Performance - Gross margin remained flat at 46.7% year over year [7] - Operating expenses increased 34.2% year over year to approximately $2 billion, with operating margin expanding 70 bps to 12.9% [7] Balance Sheet - As of March 31, 2025, cash and cash equivalents were $2.98 billion, up from $2.63 billion at the end of 2024 [9] - Short-term investments totaled $741 million, with net debt at $2.77 billion [9]

Murphy Oil Corporation (MUR) delivered first-quarter 2025 adjusted net earnings of 56 cents per share, which surpassed the Zacks Consensus Estimate of 48 cents by 16.7%. However, the bottom line decreased 34.1% from the year-ago quarter’s 85 cents. (See the Zacks Earnings Calendar to stay ahead of market-making news.)GAAP earnings were 50 cents per share compared with 59 cents in the year-ago quarter. The difference between GAAP and operating earnings was due to discontinued operations and other items affec ...

Core Insights - BCE reported $4.13 billion in revenue for Q1 2025, a year-over-year decline of 7.4% and a surprise of -2.17% compared to the Zacks Consensus Estimate of $4.22 billion [1] - The EPS for the same period was $0.48, down from $0.53 a year ago, with an EPS surprise of +9.09% against the consensus estimate of $0.44 [1] Financial Performance - BCE's shares returned +1.2% over the past month, while the Zacks S&P 500 composite increased by +11.3% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3] Subscriber Metrics - Gross Subscriber Activations for Postpaid were 320,250, below the average estimate of 357,978 [4] - Retail residential NAS lines for Wireline voice were 1,772,611, compared to the average estimate of 1,790,718 [4] - Total Gross Subscriber Activations for Mobile Phone Subscribers were 468,585, under the estimated 496,869 [4] - Net Subscriber Activations for Postpaid were -9,598, significantly lower than the average estimate of 13,979 [4] - Net Subscriber Activations for Prepaid were 9,002, exceeding the average estimate of -3,060 [4] - Total Net Subscriber Activations were -596, compared to the estimated 10,919 [4] - End of Period Subscribers for Postpaid were 9,520,838, slightly below the average estimate of 9,544,415 [4] - End of Period Subscribers for Prepaid were 767,140, above the average estimate of 755,078 [4] - Total End of Period Subscribers were 10,287,980, close to the average estimate of 10,299,490 [4] - Blended churn rate was 1.6%, matching the average estimate [4] - Blended churn for Postpaid was 1.2%, consistent with the average estimate [4] - Blended churn for Prepaid was 5.8%, slightly above the average estimate of 5.6% [4]

Core Viewpoint - Lincoln National (LNC) reported a revenue of $4.69 billion for Q1 2025, marking a year-over-year increase of 2.2% and an EPS of $1.60, up from $1.37 a year ago, although slightly below the consensus revenue estimate of $4.71 billion, resulting in a surprise of -0.52% [1] Financial Performance Metrics - Loss Ratio for Group Protection was reported at 72.4%, better than the estimated 74.4% [4] - Net Flows for Annuities were -$1.68 billion, worse than the estimated -$1.54 billion [4] - Net Flows for Life Insurance were $569 million, below the estimated $643.81 million [4] - Net Flows for Retirement Plan Services were -$2.18 billion, significantly worse than the estimated -$493.84 million [4] - Net investment income revenue was $1.46 billion, exceeding the estimate of $1.39 billion, with a year-over-year increase of 8.3% [4] - Fee income revenue was $1.37 billion, matching the average estimate, with a year-over-year change of 3.1% [4] - Insurance premiums revenue was $1.68 billion, slightly above the estimated $1.65 billion, reflecting a year-over-year increase of 4.7% [4] - Life Insurance net investment income was $571 million, slightly below the estimate of $577.29 million, showing a year-over-year decrease of 1.7% [4] - Group Protection revenue was $1.52 billion, exceeding the estimate of $1.47 billion, with a year-over-year increase of 6.7% [4] - Life Insurance revenue was $1.59 billion, slightly below the estimated $1.60 billion, representing a year-over-year increase of 3% [4] - Retirement Plan Services revenue was $327 million, below the estimated $334.72 million, with a year-over-year increase of 1.6% [4] - Annuities insurance premiums revenue was $21 million, significantly below the estimated $33.76 million, reflecting a year-over-year decrease of 19.2% [4] Stock Performance - Lincoln National's shares returned +3% over the past month, compared to the Zacks S&P 500 composite's +11.3% change, with a current Zacks Rank of 3 (Hold) indicating potential performance in line with the broader market [3]