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Why AngioDynamics Stock Popped, Then Dropped Today
The Motley Fool· 2025-07-15 20:42
Core Viewpoint - AngioDynamics reported stronger-than-expected Q4 2025 sales and earnings, but the overall market reaction was negative due to ongoing losses and cautious guidance for the upcoming fiscal year [1][2][4]. Financial Performance - Q4 sales increased by 13% year-over-year, reaching $80.2 million, while gross profit margins declined by 160 basis points to 52.7% [4]. - Adjusted loss per share was $0.03, better than the forecasted loss of $0.12, and GAAP loss per share improved from $0.33 a year ago to $0.15 [4][5]. - For the full fiscal year 2025, AngioDynamics reported a loss of $0.83 per share under GAAP, with sales growth of only 8.1% [5]. Future Guidance - The company expects fiscal 2026 sales to be between $305 million and $310 million, which exceeds Wall Street forecasts [6]. - However, management warned of expected losses ranging from $0.25 to $0.35 per share, adjusted for one-time items, which is worse than the $0.23 per-share loss anticipated by analysts [6][7].
Wells Fargo Q2 Earnings Beat on Fee Income Growth, Lower Provisions
ZACKS· 2025-07-15 16:05
Core Insights - Wells Fargo & Company's (WFC) second-quarter 2025 adjusted earnings per share (EPS) of $1.54 exceeded the Zacks Consensus Estimate of $1.41, up from $1.33 in the prior-year quarter, driven by improved non-interest income and lower provisions, despite a decline in net interest income (NII) and higher expenses [1][9] Financial Performance - Total revenues reached $20.82 billion, surpassing the Zacks Consensus Estimate of $20.70 billion, and increased by 1% year over year [3] - NII was reported at $11.71 billion, a decrease of 2% year over year, influenced by lower interest rates on floating rate assets and changes in deposit mix [3] - The net interest margin contracted by 7 basis points year over year to 2.68% [4] - Non-interest income grew by 4% year over year to $9.11 billion, benefiting from the merchant services joint venture acquisition and higher asset-based fees [4] Expense Management - Non-interest expenses totaled $13.38 billion, up 1% year over year, primarily due to increased revenue-related compensation and technology expenses [5] - The efficiency ratio remained unchanged at 64% compared to the prior-year quarter [5] Loan and Deposit Trends - As of June 30, 2025, total average loans were $916.7 billion, showing a slight sequential increase, while total average deposits were $1.33 trillion, down marginally [6] Credit Quality - The provision for credit losses was $1 billion, down 19% from the prior-year quarter, with net loan charge-offs at 0.44% of average loans, a decrease from 0.57% [7][9] - Non-performing assets fell by 7.9% year over year to $7.96 billion [7] Capital Ratios - The Tier 1 common equity ratio improved to 11.1% under the Standardized Approach, up from 11% in the second quarter of 2024 [8] Profitability Metrics - Return on assets increased to 1.14%, up from 1.03% in the prior-year quarter, while return on equity rose to 12.8% from 11.5% [10] Shareholder Actions - In the reported quarter, Wells Fargo repurchased 43.9 million shares, amounting to $3 billion of common stock [11]
State Street's Q2 Earnings Top as Fee Income Rises Y/Y, Stock Down
ZACKS· 2025-07-15 15:51
Core Insights - State Street's (STT) second-quarter 2025 adjusted earnings per share (EPS) reached $2.53, exceeding the Zacks Consensus Estimate of $2.36 and reflecting a 17.7% increase from the prior-year quarter [1][10] - The company's total revenues for the quarter amounted to $3.45 billion, marking an 8.1% year-over-year increase and surpassing the Zacks Consensus Estimate of $3.38 billion [4][10] - Despite positive revenue growth, shares of STT fell approximately 3.8% in pre-market trading due to rising expenses and provisions, as well as a decline in net interest income (NII) [2][10] Financial Performance - Total fee revenues increased by 6.8% year over year to $2.72 billion, contributing to the overall revenue growth [5][10] - NII was reported at $735 million, showing a slight decline year over year, attributed to lower average short-end rates and a shift in deposit mix [4][10] - Non-interest expenses rose by 11.5% to $2.53 billion, driven by increases across most components, while adjusted expenses (excluding one-time costs) increased by 6.3% to $2.41 billion [6][10] Asset Management - As of June 30, 2025, total assets under custody and administration (AUC/A) reached $49 trillion, up 10.6% year over year, driven by higher equity market levels and client flows [8] - Assets under management (AUM) increased to $5.12 trillion, reflecting a 17.1% year-over-year growth, primarily due to higher market levels and net inflows [8] Capital Management - The company repurchased shares worth $300 million during the reported quarter [9] - The Common Equity Tier 1 ratio stood at 10.7% as of June 30, 2025, down from 11.2% in the same period of 2024 [7] Market Outlook - The company is expected to benefit from relatively higher interest rates, strategic buyouts, and rising AUM, although concerns remain regarding persistently rising expenses and concentrated fee-based revenues [11]
Thule Group AB (publ) (THLPF) Q2 2025 Earnings Conference Call Transcript
Seeking Alpha· 2025-07-15 11:21
Thank you very much. Welcome, everybody, to today's call. I'm also, as usual, joined by Toby Lawton, our CFO. We will talk to the presentation, and it is later on available on our IR website as always. Adela Abdenian Dashian - Jefferies LLC, Research Division Agnieszka Vilela - Nordea Markets, Research Division Carl Deijenberg - Carnegie Investment Bank AB, Research Division Daniel Schmidt - Danske Bank A/S, Research Division Fredrik Ivarsson - ABG Sundal Collier Holding ASA, Research Division Gustav Hagéus ...
Top Wall Street Forecasters Revamp Citigroup Expectations Ahead Of Q2 Earnings
Benzinga· 2025-07-07 11:35
Citigroup Inc. C will release earnings results for the second quarter, before the opening bell on Tuesday, July 15. Considering buying C stock? Here's what analysts think: Read This Next: Photo via Shutterstock Loading... On June 16, Citigroup announced $650 million redemption of floating rate notes due 2026. Citigroup shares gained 2.3% to close at $88.72 on Thursday. Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, an ...
Top Wall Street Forecasters Revamp Saratoga Investment Expectations Ahead Of Q1 Earnings
Benzinga· 2025-07-01 12:02
Earnings Results - Saratoga Investment Corp. is set to release its first-quarter earnings results on July 8, with analysts expecting earnings of 72 cents per share, a decrease from $1.05 per share in the same period last year [1] - The projected quarterly revenue is $32.79 million, down from $38.68 million a year earlier [1] Recent Performance - On May 7, Saratoga Investment reported weaker-than-expected results for the fourth quarter [2] - The company's shares increased by 0.5%, closing at $24.80 on the preceding Monday [2] Analyst Ratings - Casey Alexander from Compass Point downgraded the stock from Buy to Neutral, reducing the price target from $25.25 to $24.25 on June 9, 2025 [4] - Bryce Rowe from B. Riley Securities maintained a Neutral rating with a price target of $25 on October 10, 2024 [4]
Constellation Brands Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2025-06-27 05:30
Constellation Brands, Inc. STZ will release earnings results for the first quarter, after the closing bell on Tuesday, July 1.Analysts expect the Rochester, New York-based company to report quarterly earnings at $3.29 per share, down from $3.57 per share in the year-ago period. Constellation Brands projects to report quarterly revenue at $2.56 billion, compared to $2.66 billion a year earlier, according to data from Benzinga Pro.On June 2, Constellation Brands announced delivery of notices of redemption for ...
TSMC to pay dividends on July 10; Here's how much 100 TSM shares will earn
Finbold· 2025-06-26 14:19
TSMC, or Taiwan Semiconductor Manufacturing Company (NYSE: TSM) is set to pay out its quarterly dividend on July 10, 2025.TSM closed at $222.87 as of press time, up 12.8% for the year and gaining 3.56% just this past week. The stock’s been on a roll lately, climbing 12.74% over the last month while the broader S&P 500 managed a 3% gain.TSM 5-day stock chart. Source: Google FinanceHere’s what dividend investors need to know: TSMC is paying $0.75 per share this quarter. If you’re holding 100 shares, you’ll re ...
Compared to Estimates, TD SYNNEX (SNX) Q2 Earnings: A Look at Key Metrics
ZACKS· 2025-06-24 14:31
Core Insights - TD SYNNEX reported revenue of $14.95 billion for the quarter ended May 2025, reflecting a year-over-year increase of 7.2% and surpassing the Zacks Consensus Estimate by 4.38% [1] - Earnings per share (EPS) for the quarter was $2.99, up from $2.73 in the same quarter last year, exceeding the consensus EPS estimate of $2.69 by 11.15% [1] Revenue Breakdown - Revenue from the Americas was $9.01 billion, exceeding the two-analyst average estimate of $8.74 billion, with a year-over-year change of 5.3% [4] - Revenue from the Asia-Pacific and Japan region was $1.05 billion, surpassing the two-analyst average estimate of $1.03 billion, representing an 8.7% year-over-year increase [4] - Revenue from Europe reached $4.89 billion, compared to the average estimate of $4.54 billion based on two analysts, showing a year-over-year change of 10.5% [4] Stock Performance - Over the past month, TD SYNNEX shares have returned 5.1%, outperforming the Zacks S&P 500 composite's return of 3.9% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]
Commercial Metals (CMC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-06-23 14:31
Core Insights - Commercial Metals (CMC) reported revenue of $2.02 billion for the quarter ended May 2025, a decrease of 2.8% year-over-year, with EPS at $0.74 compared to $1.02 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $2.01 billion by 0.49%, while the EPS fell short of the consensus estimate of $0.85 by 12.94% [1] Financial Performance Metrics - Average selling price per ton for raw materials in North America was $809, below the estimated $951.15 [4] - Steel products metal margin per ton in Europe was $293, slightly above the estimated $289.43 [4] - Average selling price per ton for downstream products in North America was $1,212, lower than the estimated $1,252.19 [4] - Cost of ferrous scrap utilized per ton in North America was $360, compared to the estimated $353.17 [4] - Steel products metal margin per ton in North America was $499, slightly above the estimated $495.12 [4] - External tons shipped for steel products in Europe totaled 359 thousand, exceeding the estimated 317.31 thousand [4] - Steel products tons shipped in North America were 798 thousand, below the estimated 812.17 thousand [4] Sales Performance - Net sales from external customers in North America were $1.56 billion, below the estimated $1.60 billion, representing a 6.5% decrease year-over-year [4] - Net sales from external customers in Corporate and Other were $12.65 million, slightly below the estimated $13.13 million, but showed a 30.1% increase year-over-year [4] - Net sales from external customers in Europe were $247.59 million, exceeding the estimated $215.88 million, reflecting an 18.6% year-over-year increase [4] Stock Performance - Shares of Commercial Metals have returned +5.5% over the past month, outperforming the Zacks S&P 500 composite's +0.5% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]