Core Viewpoint - Analysts forecast that Synovus Financial (SNV) will report quarterly earnings of $1.25 per share, reflecting a year-over-year increase of 7.8%, with revenues expected to reach $583.84 million, a 90.7% increase compared to the previous year [1] Earnings Projections - Over the last 30 days, there has been a 1% upward revision in the consensus EPS estimate for the quarter, indicating analysts' reassessment of their initial forecasts [2] - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3] Key Metrics Forecast - Analysts project the 'Net interest margin, taxable equivalent' to be 3.3%, up from 3.2% in the same quarter last year [5] - The 'Efficiency ratio - TE' is expected to be 53.6%, a significant improvement from 98.2% reported in the same quarter last year [5] - The estimated 'Average Balance - Total interest earning assets' is $55.51 billion, compared to $54.85 billion in the same quarter last year [6] - 'Non-performing Assets (NPAs)' are projected to reach $289.74 million, up from $256.93 million a year ago [6] - 'Non-performing Loans (NPLs)' are expected to be $288.95 million, compared to $256.11 million in the same quarter last year [7] - The 'Tier 1 Capital Ratio' is forecasted at 11.3%, down from 11.7% reported in the same quarter last year [7] Income Estimates - The consensus estimate for 'Net interest income taxable equivalent' is $466.25 million, compared to $436.35 million in the same quarter last year [8] - 'Net Interest Income' is expected to be $462.13 million, up from $435.00 million in the same quarter last year [8] - 'Mortgage banking income' is projected at $4.47 million, compared to $3.94 million in the same quarter last year [9] - 'Service charges on deposit accounts' are expected to be $23.38 million, up from $22.91 million a year ago [9] - 'Fiduciary and asset management fees' are estimated at $20.08 million, compared to $19.73 million last year [10] - 'Capital markets income' is forecasted at $8.37 million, down from $15.08 million in the same quarter last year [10] Stock Performance - Over the past month, Synovus shares have returned +13.5%, outperforming the Zacks S&P 500 composite's +4.1% change, indicating a likely performance that aligns with the overall market in the upcoming period [11]

Core Insights - Analysts project Monarch Casino (MCRI) will report quarterly earnings of $1.22 per share, reflecting a 2.5% year-over-year increase [1] - Revenue is expected to reach $130.37 million, marking a 1.7% increase from the same quarter last year [1] - There have been no revisions in the consensus EPS estimate over the last 30 days, indicating stability in analysts' forecasts [1] Revenue Projections - 'Revenues- Other' is estimated at $5.37 million, showing a decline of 4% from the previous year [4] - 'Revenues- Hotel' is projected to be $18.40 million, indicating a decrease of 6.8% year-over-year [4] - 'Revenues- Food and Beverage' is expected to reach $32.20 million, reflecting a slight increase of 1.1% from the prior year [4] - 'Revenues- Casino' is forecasted to be $74.47 million, representing a year-over-year growth of 4.9% [5] Market Performance - Shares of Monarch Casino have increased by 5.6% over the past month, outperforming the Zacks S&P 500 composite, which rose by 4.1% [5] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [5]

Wall Street analysts expect Morgan Stanley (MS) to post quarterly earnings of $1.93 per share in its upcoming report, which indicates a year-over-year increase of 6%. Revenues are expected to be $15.92 billion, up 6% from the year-ago quarter.Over the last 30 days, there has been a downward revision of 0.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. ...

Core Insights - Commerce Bancshares (CBSH) is expected to report quarterly earnings of $1.02 per share, reflecting a decline of 4.7% year-over-year, while revenues are forecasted to increase by 3.8% to $430.36 million [1] Earnings Estimates - There has been no revision in the consensus EPS estimate over the last 30 days, indicating stability in analysts' forecasts [1][2] - The consensus estimate for the 'Efficiency Ratio' is 55.9%, slightly improved from 56.0% in the same quarter last year [4] - Analysts predict a 'Net Interest Margin' of 3.6%, unchanged from the previous year [4] Key Financial Metrics - 'Average total interest earning assets' are estimated at $30.64 billion, up from $30.02 billion year-over-year [5] - The estimated 'Book value per share' is $26.85, compared to $24.48 a year ago [5] - The 'Tier I risk-based capital ratio' is expected to be 17.0%, an increase from 16.2% in the previous year [6] - The 'Total risk-based capital ratio' is projected at 17.8%, compared to 17.0% last year [6] Loan and Income Projections - 'Non-accrual loans' are expected to be $21.76 million, up from $19.30 million in the same quarter last year [7] - The forecast for 'Total Non-Interest Income' is $157.57 million, compared to $152.24 million a year ago [8] - 'Fully-taxable equivalent net interest income' is projected to reach $275.75 million, up from $264.58 million last year [8] - 'Trust fees' are expected to be $55.69 million, compared to $52.29 million in the same quarter last year [8] - 'Bank card transaction fees' are forecasted at $47.42 million, slightly down from $47.48 million last year [9] Stock Performance - Commerce shares have increased by 6.5% over the past month, outperforming the Zacks S&P 500 composite's 4.1% increase [9]

The upcoming report from South Plains Financial (SPFI) is expected to reveal quarterly earnings of $0.77 per share, indicating an increase of 16.7% compared to the year-ago period. Analysts forecast revenues of $51.7 million, representing an increase of 6.4% year over year.The consensus EPS estimate for the quarter has been revised 2.4% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timefra ...

Core Viewpoint - Analysts project that M&T Bank Corporation (MTB) will report quarterly earnings of $4.03 per share, a 6.3% increase year over year, with revenues expected to reach $2.39 billion, up 3.6% from the same quarter last year [1]. Earnings Projections - The consensus EPS estimate has been revised down by 0.2% in the past 30 days, indicating a reassessment by covering analysts [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Key Financial Metrics - Analysts forecast the 'Efficiency Ratio' to be 56.3%, compared to 55.3% a year ago [4]. - The 'Net Interest Margin' is expected to reach 3.7%, up from 3.6% in the same quarter last year [5]. - The 'Average Balance - Total Earning Assets' is projected at $191.73 billion, down from $193.68 billion year over year [5]. - The 'Tier 1 Leverage' is estimated at 10.1%, slightly up from 10.0% a year ago [5]. - The 'Tier 1 Capital Ratio' is expected to be 12.9%, down from 13.2% year over year [6]. - The 'Total Capital Ratio' is projected at 14.6%, compared to 14.9% a year ago [6]. - 'Total Other Income' is estimated at $638.93 million, up from $584.00 million year over year [6]. Revenue Estimates - The consensus for 'Net Interest Income - Taxable-Equivalent' stands at $1.76 billion, compared to $1.73 billion in the same quarter last year [7]. - 'Service Charges on Deposit Accounts' are estimated at $135.70 million, up from $127.00 million year over year [7]. - 'Trust Income' is projected to reach $181.34 million, compared to $170.00 million in the same quarter last year [8]. - 'Mortgage Banking Revenues' are expected to be $126.99 million, up from $106.00 million year over year [8]. - 'Net Interest Income' is anticipated to be $1.74 billion, compared to $1.72 billion a year ago [9]. Stock Performance - Over the past month, M&T Bank shares have returned +10.9%, outperforming the Zacks S&P 500 composite's +4.1% change [9].

In its upcoming report, Progressive (PGR) is predicted by Wall Street analysts to post quarterly earnings of $4.30 per share, reflecting an increase of 62.3% compared to the same period last year. Revenues are forecasted to be $21.52 billion, representing a year-over-year increase of 17.9%.The consensus EPS estimate for the quarter has been revised 1.1% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates d ...

Core Viewpoint - Analysts expect First Horizon National (FHN) to report quarterly earnings of $0.41 per share, reflecting a year-over-year increase of 13.9%, with revenues projected at $826.62 million, up 1.4% from the previous year [1] Earnings Projections - The consensus EPS estimate has been adjusted downward by 0.6% over the past 30 days, indicating a reassessment by analysts [1][2] - Revisions to earnings projections are crucial for predicting investor behavior and stock performance [2] Key Metrics Forecast - Analysts predict an 'Efficiency Ratio' of 60.5%, down from 61.4% in the same quarter last year [4] - 'Net Interest Margin (FTE)' is expected to remain stable at 3.4%, consistent with the previous year's figure [4] - 'Average Balance - Total interest earning assets' is projected to reach $75.43 billion, slightly up from $75.24 billion last year [5] - 'Total nonperforming assets' are expected to be $629.23 million, an increase from $582.00 million in the same quarter last year [5] - 'Total nonperforming loans and leases' are forecasted at $627.23 million, up from $574.00 million last year [6] - 'Total Non-Interest Income' is estimated at $189.18 million, compared to $186.00 million in the same quarter last year [6] - 'Net Interest Income' is projected to be $637.47 million, slightly higher than the $629.00 million reported last year [7] - 'Service charges and fees' are expected to be $53.02 million, down from $58.00 million last year [8] - 'Other noninterest income' is forecasted at $18.45 million, up from $17.00 million last year [8] - 'Mortgage banking' is predicted at $9.62 million, down from $10.00 million last year [9] - 'Fixed income' is estimated at $49.28 million, an increase from $40.00 million last year [9] Stock Performance - Shares of First Horizon have returned +11.6% over the past month, outperforming the Zacks S&P 500 composite's +4.1% change [9]

Group 1 - Spot gold prices reached $3,340 per ounce, with silver showing even more significant gains [1] - Domestic gold jewelry brands have increased prices, and related A-share stocks have also seen notable rises, with the gold concept sector up 1.19% and the precious metals sector up 1.35% [1] - COMEX gold futures fluctuated between $3,100 and $3,400 per ounce for over two months after hitting $3,500 in April [3] Group 2 - On July 10, gold prices strengthened due to tariff policy disturbances and the Federal Reserve's consideration of a rate cut, with New York gold futures closing at $3,333 per ounce [5] - As of July 11, international gold prices continued to rise, with spot gold at $3,334.82 per ounce and New York gold futures at $3,346.65 per ounce [5] - Recent economic data from the UK and France showed mixed results, with the UK experiencing a slight economic decline and France's CPI showing higher-than-expected growth [7] Group 3 - Analysts suggest that the recent rebound in gold prices may continue, with the potential for prices to break the $3,500 per ounce mark again this year, forecasting a range of $3,600 to $3,710 as the highest levels [9] - Market sentiment has improved significantly, which typically leads to a decrease in total gold holdings, potentially limiting upward price movement [9] - The re-emergence of tariff policies and economic growth expectations may test market risk appetite, which could support further increases in gold prices [9]

Market Outlook - S&P 500 could reach 6,500, influenced by potential tariff impacts on GDP and earnings [2][4] - Tariff impacts could lead to a 1% GDP hit resulting in approximately a 4% earnings reduction [2] - Market's positive reaction to Delta's improved forecast indicates continued economic growth and consumer spending [5][6] Earnings Season Expectations - Earnings season is pivotal for assessing consumer and business spending, providing real-time data [8] - Financial sector and banking sector are expected to benefit, despite challenging year-over-year comparisons [10] - Regional banks are favored over larger banks due to price-to-book ratios and potential deregulation benefits [10] Investment Strategy - Robin Hood strategies have shifted towards GARP (Growth at a Reasonable Price), including tech, aerospace and defense, and midcaps [13] - Midcaps are considered undervalued, with long-term average price-to-earnings ratios at 19 times, currently at 16 times [13] - Potential rate cuts by the Federal Reserve could drive the S&P 500 to 6,500, but concerns remain regarding the labor market [11][15]