Core Insights - OppFi Inc. (NYSE: OPFI) reported a strong quarter of earnings, but recent stock performance suggests otherwise [1] - Factors contributing to the stock pullback include OPFI's exposure to credit markets and prevailing uncertainties [1] Financial Performance - The company demonstrated robust earnings in the latest quarter, indicating strong operational performance [1] Market Reaction - Despite strong earnings, the stock has experienced a pullback, reflecting market concerns [1] - The pullback is attributed to external factors, particularly related to credit market exposure [1]

Core Insights - This week is significant for earnings reports from major tech companies, including Palantir Technologies, Advanced Micro Devices, Uber Technologies, and others [1] Earnings Reports Overview - A total of ten companies are reporting earnings this week, indicating a busy period for the stock market [1] - The companies reporting include PLTR, AMD, HOOD, UBER, QCOM, APP, SHOP, ARM, ANET, and DDOG [1] Implied Volatility and Options Trading - Implied volatility tends to be high before earnings announcements due to market uncertainty, leading to increased demand for options [2] - After earnings announcements, implied volatility typically decreases to normal levels [3] - Traders can estimate the expected price range for stocks by analyzing the option chain, specifically the at-the-money put and call options [3] Expected Price Movements - Expected price movements for various stocks have been outlined, with notable percentages indicating potential volatility: - PLTR – 10.4% - AMD – 9.0% - UBER – 7.4% - SHOP – 11.2% - ANET – 10.8% - HOOD – 10.2% - QCOM – 6.8% - APP – 14.0% - ARM – 10.7% [4] Trading Strategies - Traders can utilize expected moves to structure their trades, with bearish traders potentially selling bear call spreads outside the expected range [5] - Bullish traders may consider selling bull put spreads or naked puts for higher risk tolerance [5] - Neutral traders can explore iron condors, ensuring short strikes remain outside the expected range [6] - It is advised to use risk-defined strategies and maintain small position sizes when trading options over earnings [6]

Core Insights - InterDigital (IDCC) reported impressive 3Q25 earnings, with a Non-GAAP EPS of $2.55, exceeding estimates by $0.50 [1] - Revenue for the quarter was $164.7 million, reflecting a 28% year-over-year increase and surpassing estimates by approximately $11.35 million [1] Financial Performance - Non-GAAP EPS of $2.55, beating estimates by $0.50 [1] - Revenue of $164.7 million, up 28% year-over-year [1] - Revenue exceeded estimates by about $11.35 million [1]

Earnings Report - IDEXX Laboratories, Inc. is set to release its third-quarter earnings results on November 3, with analysts expecting earnings of $3.14 per share, an increase from $2.80 per share in the same period last year [1] - The consensus estimate for quarterly revenue is $1.07 billion, compared to $975.54 million a year earlier [1] Recent Performance - On August 4, IDEXX Laboratories reported second-quarter financial results that exceeded expectations and raised its FY25 guidance above estimates [2] - Following the positive report, shares of IDEXX Laboratories rose by 0.2%, closing at $629.51 [2] Analyst Ratings - Stifel analyst Jonathan Block upgraded the stock from Hold to Buy, raising the price target from $640 to $700 [4] - UBS analyst Andrea Alfonso initiated coverage with a Neutral rating and a price target of $720 [4] - Morgan Stanley analyst Erin Wright maintained an Overweight rating and increased the price target from $722 to $765 [4] - Piper Sandler analyst David Westenberg maintained a Neutral rating and raised the price target from $510 to $700 [4] - JP Morgan analyst Chris Scott maintained an Overweight rating and increased the price target from $550 to $675 [4]

CapitaLand China Trust - CapitaLand China Trust (CLCT) reported an 8% YoY decline in gross revenue to RMB416.6 million and an 8.5% YoY decrease in net property income (NPI) to RMB273.5 million [2][3] - The decline is attributed to lower rents, occupancy, and the divestment of CapitaMall Yuhuating [3] - The retail segment has a high occupancy rate of 97.1%, contributing 69.96% of gross rental income, with shopper traffic up 4.5% YoY and tenant sales rising 3.2% [4] - Rental reversion for retail, business parks, and logistics parks declined by 1.5%, 8.9%, and 24.5% respectively [4] - The company has a gearing ratio of 38.8%, down from 42.1%, and a financing cost of 3.36% [5] CDL Hospitality Trusts - CDL Hospitality Trusts reported a 5.6% YoY decline in NPI to S$34.3 million, with Singapore properties down 8.1% YoY [7] - Average daily revenue (ADR) decreased by 9.4% to S$228, while revenue per available room (RevPar) dropped 5.9% to S$201 [7] - UK operations showed strong performance with NPI rising 8.6% YoY to approximately S$4.8 million [8] - The company has a stable gearing ratio of 42.4% and a weighted average cost of debt of 3.4% [9] - Management anticipates stronger performance in 4Q2025 due to F1 and tourism recovery [10] Wilmar International - Wilmar International reported a 7.4% YoY increase in revenue to US$19.1 billion, with core net profit rising 71.6% to US$357.2 million, excluding a one-off US$712 million penalty [11][12] - Sales for food products increased by 6.5% YoY, with strong performance in oil, flour, and rice businesses [12][13] - Operating cash flows surged 70% YoY to US$2.1 billion, reducing net debt to US$16.5 billion and improving net gearing ratio to 0.82 times [14] - Management expects robust operating performance to continue barring adverse geopolitical developments [15] Keppel Limited - Keppel Limited reported a 25% growth in core operating segment earnings for the nine months ended 2025 [16] - Recurring income increased by 15% YoY, supported by higher contributions from asset management [17] - The company raised S$6.7 billion in funds under management, with S$2.4 billion in asset monetization completed [18] - Management aims for continued asset monetization and EBITDA growth in 2025, signaling potential for higher shareholder returns [19]

Core Viewpoint - Landmark Bancorp, Inc. reported strong financial performance in the third quarter of 2025, with significant improvements in credit quality, net income, and overall efficiency, reflecting the company's commitment to growth and shareholder value. Financial Performance - Net income for the third quarter totaled $4.9 million or $0.85 per diluted share, an increase of 24.1% compared to $3.9 million or $0.68 per diluted share in the same period last year [4] - The tangible book value per share increased to $20.96, up 6.6% on a linked quarter basis and 15.7% from the end of 2024 [2] - Non-interest income totaled $4.1 million, an increase of $442,000 compared to the prior quarter [9] Credit Quality - Nonperforming loans declined by almost $7 million, primarily due to the resolution of a large commercial loan on nonaccrual status [2][16] - The allowance for credit losses stood at $12.3 million, representing 1.1% of gross loans [17] - Net charge-offs totaled $2.3 million, compared to just $40,000 in the prior quarter [9][16] Loan and Deposit Growth - Average loans increased by $26.7 million, or approximately 10% annualized during the third quarter [11][15] - Total deposits increased by $51.6 million on a linked quarter basis, totaling $1.3 billion [12] - Broker deposits were the primary driver of deposit growth, alongside solid growth in non-interest-bearing demand deposits [3] Efficiency and Cost Management - The efficiency ratio improved to 60.7% for the third quarter, compared to 66.5% in the same period last year [10] - Non-interest expense totaled $11.3 million, an increase of $290,000 compared to the prior quarter, driven by higher professional fees and occupancy expenses [10] Future Outlook - The company plans to continue investing in talent and infrastructure to support customer growth and enhance operational efficiency [5][19] - Landmark Bancorp remains focused on maintaining solid credit quality and exploring efficiencies in operations amid economic uncertainties [19]

Core Insights - Affiliated Managers Group (AMG) is expected to report Q3 2025 earnings on November 3, 2025, with projected earnings of $5.75 per share and revenue of $543.39 million [2] - The company reported Q2 2025 earnings of $5.39 per share, exceeding the consensus estimate of $5.26, with revenue of $493.20 million, slightly below the expected $506.46 million [2] - Analysts forecast an EPS of $23 for the current fiscal year and $26 for the next fiscal year [2] Financial Performance - AMG's market capitalization is $6.77 billion, with a price-to-earnings ratio of 17.40 and a price-to-earnings-growth ratio of 0.61 [3] - The company has a 1-year low of $139.22 and a 1-year high of $250.15, indicating significant price volatility [3] Analyst Ratings - Bank of America raised its price target for AMG to $335.00 with a "buy" rating [4] - Cowen upgraded AMG from "hold" to "buy" [4] - Barrington Research increased its price target from $240.00 to $285.00, maintaining an "outperform" rating [4] - The average price target among analysts is $272.60, with a consensus rating of "Moderate Buy" [5] Insider Activity - COO Thomas M. Wojcik sold 16,000 shares at an average price of $231.03, totaling approximately $3.70 million, reducing his position by 9.16% [6] Institutional Holdings - Balyasny Asset Management increased its stake in AMG by 3,811.8%, acquiring 303,423 additional shares [7] - UBS Asset Management and Goldman Sachs also increased their holdings, indicating strong institutional interest [8] - Institutional investors and hedge funds collectively own 95.30% of AMG's stock [8] Company Overview - Affiliated Managers Group operates as an investment management company, providing services to mutual funds, institutional clients, and high-net-worth individuals in the U.S. [9]

Core Insights - Exxon Mobil Corp. reported mixed third-quarter results, with profit exceeding expectations while revenue slightly missed forecasts [1] - Earnings per share were $1.88, above the consensus estimate of $1.83, while revenue totaled $85.3 billion, just below analyst projections of $86.48 billion [1] Production and Cash Flow - Net production increased by 139,000 barrels of oil equivalent per day, reaching 4.8 million barrels, driven by higher output in Guyana and the Permian Basin [2] - Operating cash flow was $14.8 billion, and free cash flow stood at $6.3 billion [2] Shareholder Returns - Exxon Mobil returned $9.4 billion to shareholders during the quarter through dividends and buybacks [2] - The company increased its fourth-quarter dividend to $1.03 per share [2]

Core Insights - Transocean Ltd. (RIG) reported third-quarter 2025 adjusted earnings of 6 cents per share, surpassing the Zacks Consensus Estimate of 4 cents, and showing improvement from breakeven earnings in the same period last year [1] - The company's total adjusted revenues reached $1 billion, exceeding the Zacks Consensus Estimate by $21 million, and reflecting an 8.4% increase from the prior year's figure of $948 million [2] Revenue Performance - Ultra-deepwater floaters contributed 67.7% to net contract drilling revenues, while harsh environment floaters accounted for 32.3%, with revenues from ultra-deepwater and harsh environment floaters totaling $696 million and $332 million, respectively [3] - Revenue efficiency improved to 97.5%, up from 96.6% in the previous quarter and 94.5% in the year-ago quarter [4] Day Rates and Utilization - Average day rates increased to $462,300 from $436,800 in the year-ago quarter, beating the Zacks Consensus Estimate of $450,000 [5] - Fleet utilization rate rose to 76% from 63.9% in the prior-year period, with a total backlog of $6.7 billion as of October 2025 [6] Costs and Financial Position - Total costs and expenses were reported at $791 million, a 1.1% decrease from $800 million in the year-ago quarter, although operations and maintenance costs increased to $584 million from $563 million [7] - Cash provided by operating activities was $246 million, with cash and cash equivalents amounting to $833 million as of September 30, 2025, and long-term debt at $4.8 billion, resulting in a debt-to-capitalization ratio of 37.5% [8] Future Guidance - For Q4 2025, Transocean expects contract drilling revenues between $1.03 billion and $1.05 billion, with operating and maintenance expenses predicted to range from $595 million to $615 million [11] - Preliminary guidance for full-year 2026 indicates contract drilling revenues expected between $3.8 billion and $3.95 billion, with operating and maintenance expenses projected at $2.275 billion to $2.4 billion [14]

Core Insights - Exxon Mobil Corporation (XOM) reported third-quarter 2025 earnings per share of $1.88, exceeding the Zacks Consensus Estimate of $1.81, but down from $1.92 in the same quarter last year [1][10] - Total revenues for the quarter were $85.3 billion, falling short of the Zacks Consensus Estimate of $86.8 billion and down from $90.02 billion year-over-year [1][10] Financial Performance - The better-than-expected earnings were driven by higher oil equivalent production volumes and increased natural gas prices, although these were partially offset by lower crude oil price realizations [2] - ExxonMobil's quarterly dividend was raised to $1.03 per share for Q4 2025, marking the 43rd consecutive year of annual dividend increases, representing a 4% increase from the previous quarter's dividend of $0.99 [3] Operational Performance - The upstream segment reported earnings of $5.68 billion, down from $6.16 billion year-over-year, but slightly above the estimate of $5.36 billion, primarily due to lower crude oil price realizations [4] - U.S. operations generated a profit of $1.23 billion, lower than $1.69 billion in the same quarter last year, while non-U.S. operations reported a profit of $4.45 billion compared to $4.47 billion year-over-year [5] - Average production was 4,769 thousand barrels of oil equivalent per day, an increase from 4,582 thousand barrels year-over-year, but below the estimate of 4,846.1 thousand barrels [5][6] Production Details - Liquids production rose to 3,380 thousand barrels per day from 3,187 thousand barrels per day in the prior year, although it missed the estimate of 3,402.6 thousand barrels [6] - Natural gas production totaled 8,334 million cubic feet per day, slightly down from 8,369 million cubic feet per day year-over-year, and also missed the estimate of 8,660.6 million cubic feet [7] Price Realization - Crude price realization in the U.S. was $63.56 per barrel, down from $72.94 year-over-year, and below the estimate of $64.07 [8] - Natural gas prices in the U.S. increased to $2.36 per thousand cubic feet from $1.16 year-over-year, but missed the estimate of $2.83 [9] Segment Performance - The Energy Products segment reported a profit of $1.84 billion, up from $1.31 billion year-over-year, driven by improved refining margins and increased volumes [11] - The Chemical Products segment recorded a profit of $515 million, down from $893 million year-over-year, but above the estimate of $433.2 million [12] - The Specialty Products segment reported a profit of $740 million, down from $794 million year-over-year, and below the estimate of $749.5 million [13] Financials - ExxonMobil generated $14.79 billion in cash flow from operations and asset divestments, with capital and exploration spending of $8.6 billion [14] - Total cash and cash equivalents stood at $13.81 billion, while long-term debt was $32.82 billion [14] Guidance - For 2025, cash capital expenditures are projected to be slightly below the lower end of the $27-$29 billion guidance, excluding acquisition costs [15] - The company expects Permian Basin production to average 1.6 million barrels of oil equivalent per day, contributing to total upstream production of 4.7 million barrels [15]