Core Insights - Select Water Solutions, Inc. reported revenue of $374.38 million for Q1 2025, marking a year-over-year increase of 2.1% and exceeding the Zacks Consensus Estimate by 3.67% [1] - The company achieved an EPS of $0.08, up from $0.04 a year ago, representing a surprise of 14.29% over the consensus estimate of $0.07 [1] Revenue Breakdown - Chemical Technologies revenue was $76.35 million, surpassing the average estimate of $71.09 million, reflecting a year-over-year increase of 2.2% [4] - Water Services revenue reached $225.65 million, slightly below the average estimate of $215.31 million, with a year-over-year decrease of 1.2% [4] - Water Infrastructure revenue was $72.39 million, underperforming the estimated $75.09 million, but showing a significant year-over-year increase of 14% [4] Profitability Metrics - Gross Profit before D&A for Water Services was $43.93 million, below the average estimate of $46.32 million [4] - Gross Profit before D&A for Chemical Technologies was $11.62 million, exceeding the estimated $10.34 million [4] - Gross Profit before D&A for Water Infrastructure was $38.90 million, slightly below the average estimate of $39.25 million [4] Stock Performance - Over the past month, Select Water Solutions, Inc. shares returned -0.2%, contrasting with the Zacks S&P 500 composite's increase of 11.5% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]

BlackLine (BL) reported $166.93 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 6%. EPS of $0.58 for the same period compares to $0.54 a year ago.The reported revenue represents a surprise of +0.04% over the Zacks Consensus Estimate of $166.86 million. With the consensus EPS estimate being $0.38, the EPS surprise was +52.63%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine the ...

Core Insights - Advanced Micro Devices (AMD) reported a revenue of $7.44 billion for the quarter ended March 2025, reflecting a year-over-year increase of 35.9% and surpassing the Zacks Consensus Estimate by 4.45% [1] - Earnings per share (EPS) for the quarter was $0.96, up from $0.62 in the same quarter last year, exceeding the consensus EPS estimate by 3.23% [1] Revenue Breakdown - Data Center revenue reached $3.67 billion, exceeding the average estimate of $3.45 billion, with a year-over-year growth of 57.2% [4] - Embedded revenue was reported at $823 million, slightly below the estimated $838.04 million, showing a decline of 2.7% year-over-year [4] - Gaming revenue was $647 million, surpassing the average estimate of $569.80 million, but reflecting a significant year-over-year decrease of 29.8% [4] - Client revenue amounted to $2.29 billion, exceeding the average estimate of $2.04 billion, with a year-over-year increase of 67.7% [4] Stock Performance - AMD shares have returned 20.3% over the past month, outperforming the Zacks S&P 500 composite's return of 11.5% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

上海银行前身是 1996 年在原上海市 98 家城市信用合作社和上海市城市信用合作社联社基础上组建 而成，设立时公司名称为" 上海城市合作银行 "， 1998 年更名为上海银行股份有限公司， 2016 年在上 交所上市，股票代码 601229 。 上海银行业务区域 除上海地区外还扩张到长三角地区（上海除外，设有宁波分行、南京分行、杭 州分行和苏州分行）、珠三角地区（设有深圳分行）、环渤海地区（设有北京分行和天津分行）和中西 部地区（设有成都分行）。 2024 年末上海地区贷款余额占全部贷款余额的 48.02% ；除上海外的长三角地区占 30.25% ；珠三 角占 12.07% 。 与主要城商行相比， 2024 年末上海银行总资产排在 北京银行 和 江苏银行 之后。 2024 年上海银行 营业收入和 归母净利润排在 江苏银行 、 北京银行 和 宁波银行 之后 。而 十年前上海银行总资产、营 业收入和净利润均仅次于 北京银行 。 总资产方面，上海银行于 2022 年末被 江苏银行 超过；营业收入则于 2020 年也被江苏银行超越， 于 2022 年被 宁波银行 超过；归母净利润方面则于 2022 年被江苏银行和宁 ...

Core Viewpoint - IQVIA Holdings Analytics Inc. reported strong first-quarter 2025 results, with earnings and revenues exceeding expectations, indicating positive growth trends in its business segments [1][7]. Financial Performance - Adjusted earnings were $2.70 per share, surpassing the Zacks Consensus Estimate by 2.7% and increasing 6.3% year-over-year [1]. - Total revenues reached $3.8 billion, exceeding the consensus estimate by 1.6% and growing 2.5% from the previous year [1]. - Adjusted EBITDA for the quarter was $883 million, a 2.4% increase from the year-ago quarter, but slightly below projections [5]. Segment Performance - The Research and Development segment generated revenues of $2.1 billion, showing a marginal increase year-over-year and meeting estimates [3]. - Revenues from the Technology and Analytics segment were $1.5 billion, growing 6.4% year-over-year and meeting estimates [4]. - Contract Sales and Medical Solutions revenues decreased 4.2% year-over-year to $181 million, missing estimates [4]. Cash Flow and Debt - Net cash generated from operating activities was $586 million, with capital expenditures of $142 million, resulting in a free cash flow of $426 million [6]. - The company ended the quarter with cash and cash equivalents of $1.7 billion, unchanged from the previous quarter, while long-term debt increased to $13.1 billion [5]. 2025 Guidance - For 2025, IQVIA raised its revenue guidance to $16.00-$16.40 billion, higher than the previous estimate and the Zacks Consensus Estimate of $15.86 billion [7]. - The company expects adjusted EPS in the range of $11.70-$12.10, with the midpoint exceeding the Zacks Consensus Estimate of $11.84 [7]. - Adjusted EBITDA guidance for 2025 is set at $3.76-$3.88 billion [7].

Core Viewpoint - Leidos Holdings, Inc. reported strong financial performance in Q1 2025, with adjusted earnings per share significantly exceeding expectations and showing substantial year-over-year growth [1][2]. Financial Performance - Adjusted earnings per share for Q1 2025 were $2.97, surpassing the Zacks Consensus Estimate of $2.47 by 20.2% and increasing 29.7% from $2.29 in the prior-year quarter [1] - GAAP earnings were $2.77 per share, up from $2.07 in the same quarter last year [1] - Total revenues reached $4.25 billion, exceeding the Zacks Consensus Estimate of $4.08 billion by 4% and reflecting a 6.8% year-over-year increase [3] Operational Statistics - Cost of revenues increased by 4.5% year over year to $3.49 billion [5] - Adjusted operating income rose to $565 million from $456 million in the previous year [5] - Adjusted operating margin improved to 13.3% compared to 11.5% in the prior-year period [5] Backlog and Segment Performance - Total backlog increased to $46.30 billion from $43.56 billion at the end of Q4 2024, with $7.33 billion funded [4] - National Security and Digital segment revenues grew 4.7% year over year to $1.88 billion, while adjusted operating income slightly declined to $190 million [6] - Health & Civil segment revenues rose 7.7% to $1.29 billion, with adjusted operating income increasing to $305 million [7] - Commercial & International segment revenues reached $568 million, up 11.6% year over year, with adjusted operating income at $48 million [8] - Defense Systems segment revenues were $508 million, up 7.2%, with adjusted operating income increasing to $46 million [10] Financial Position - Cash and cash equivalents totaled $842 million, a slight decrease from $849 million at the beginning of the year [11] - Long-term debt increased to $5.01 billion from $4.05 billion [11] - Net cash flow from operating activities was $58 million, down from $113 million a year ago [11] 2025 Guidance - Leidos reaffirmed its 2025 guidance, expecting adjusted earnings in the range of $10.35-$10.75 per share, with the Zacks Consensus Estimate at $10.51 [12] - The company anticipates revenues between $16.90-$17.30 billion, with the Zacks Consensus Estimate at $17.09 billion [12] - Expected cash flow from operating activities for 2025 is approximately $1.45 billion [13]

Core Insights - Palantir Technologies (PLTR) reported first-quarter 2025 earnings that matched the Zacks Consensus Estimate, with revenues exceeding expectations [1] - Adjusted earnings per share increased by 62.5% year over year, reaching 13 cents, while revenues grew by 39.3% year over year to $883.9 million, surpassing the Zacks Consensus Estimate by 2.4% [1] Revenue Details - U.S. revenues amounted to $628 million, reflecting a 55% year-over-year increase [2] - U.S. commercial revenues surged by 71% year over year to $255 million, while U.S. government revenues rose by 45% year over year to $373 million [2] - The company closed 139 deals of at least $1 million, 51 deals of at least $5 million, and 31 deals of at least $10 million during the quarter [2] Contract Value and Customer Growth - Total U.S. commercial contract value reached $810 million, marking a 183% year-over-year increase [3] - U.S. commercial remaining deal value was $2.32 billion, up 127% year over year [3] - Customer count grew by 39% compared to the previous year [3] Margin Expansion - Adjusted EBITDA for the first quarter of 2025 was $397.3 million, a 69% increase from $235 million in the prior year [4] - The adjusted EBITDA margin improved by 800 basis points year over year to 45% [4] Balance Sheet and Cash Flow - At the end of the quarter, Palantir had cash and cash equivalents of $993.5 million, down from $2.1 billion at the end of the previous quarter [5] - Operating cash flow for the quarter was $310.3 million, with capital expenditures of $6.2 million [5] Guidance - For Q2 2025, Palantir expects revenues between $934 million and $938 million, exceeding the current Zacks Consensus Estimate of $898.5 million [6] - For the full year 2025, revenues are projected to be between $3.89 billion and $3.90 billion, above the current Zacks Consensus Estimate of $3.77 billion [7] - Adjusted income from operations is anticipated to be between $1.71 billion and $1.72 billion, with adjusted free cash flow expected between $1.6 billion and $1.8 billion [7]

Core Insights - Driven Brands Holdings Inc. reported a revenue of $516.16 million for the quarter ended March 2025, reflecting a year-over-year decline of 9.8% but exceeding the Zacks Consensus Estimate by 4.02% [1] - The company's EPS for the quarter was $0.27, up from $0.23 in the same quarter last year, resulting in an EPS surprise of 17.39% compared to the consensus estimate [1] Financial Performance Metrics - Same-store sales increased by 0.7%, falling short of the average estimate of 1.9% [4] - Total store count was reported at 4,797, below the average estimate of 5,036 [4] - Car wash store count was 718, significantly lower than the estimated 914 [4] - Same-store sales for car wash services surged by 26.2%, compared to the average estimate of 1.4% [4] - Company-operated store count was 964, below the average estimate of 1,156 [4] - Revenue from company-operated store sales was $314.13 million, down 16.1% year-over-year and below the average estimate of $326.76 million [4] - Revenue from independently-operated store sales reached $66.64 million, exceeding the estimate of $52.68 million and representing a year-over-year increase of 25.6% [4] - Advertising contributions generated $25.33 million, slightly below the estimate of $25.51 million, but up 5.2% year-over-year [4] - Franchise royalties and fees totaled $44.71 million, below the estimate of $48.39 million, with a slight decline of 0.7% year-over-year [4] - Revenue from supply and other sources was $65.36 million, below the average estimate of $74.85 million, reflecting a year-over-year decrease of 13.6% [4] - Corporate/Other revenue was reported at $83 million, significantly exceeding the estimate of $6.51 million, marking a dramatic increase of 1382.1% year-over-year [4] - Revenue from car wash services was $68 million, below the estimate of $85.71 million, representing a decline of 53% year-over-year [4] Stock Performance - Driven Brands Holdings' shares have returned +12.3% over the past month, outperforming the Zacks S&P 500 composite's +11.5% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

For the quarter ended March 2025, Gartner (IT) reported revenue of $1.53 billion, up 4.2% over the same period last year. EPS came in at $2.98, compared to $2.93 in the year-ago quarter.The reported revenue represents no surprise over the Zacks Consensus Estimate of $1.53 billion. With the consensus EPS estimate being $2.72, the EPS surprise was +9.56%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some ...

证券研究报告 | 策略研究 gszqdatemark 2025 05 06 年 月 日 投资策略 A 股 25Q1 盈利与供需特征如何？——25Q1 财报分析（一） 一、业绩增长：A 股盈利回升转正，净利率是主要驱动 1.1 业绩增长：A 股盈利 24Q4 进一步下探、25Q1 回升转正 ——全 A/全 A 非金融业绩增速 2024 年四季度进一步下探，2025 年一 季度回升转正。全 A/全 A 非金融 25Q1 归母净利润同比分别为 3.58%/4.28%，环比分别变动 5.94/17.26pct；全 A/全 A 非金融 24Q4 归 母净利润同比分别为-2.36%/-12.99%，环比分别变动-2.30/-5.75pct。 ——上市板看，主板业绩保持韧性、创业板业绩弹性较强；宽基指数看， 大盘业绩增速小幅回落，中小盘盈利明显修复；行业风格看，科技 TMT、 可选消费、中游制造业绩占优，中游制造、科技 TMT、上游资源增速改善。 1.2 营收增长：A 股营收增速连续两期修复，但仍小幅负增 ——全 A/全 A 非金融营收增速连续两期修复，但仍小幅负增。全 A/全 A 非金融 25Q1 营业收入同比分别为-0 ...