Core Viewpoint - ONE Gas reported quarterly earnings of $0.53 per share, matching the Zacks Consensus Estimate, and showing an increase from $0.48 per share a year ago [1] - The company posted revenues of $423.74 million for the quarter ended June 2025, exceeding the Zacks Consensus Estimate by 4.86% and up from $354.14 million year-over-year [2] Earnings Performance - The earnings surprise for the previous quarter was +7.03%, with actual earnings of $1.98 per share compared to an expected $1.85 [1] - Over the last four quarters, ONE Gas has surpassed consensus EPS estimates two times [1] Revenue Performance - The company has also topped consensus revenue estimates two times over the last four quarters [2] Stock Performance - ONE Gas shares have increased by approximately 5.9% since the beginning of the year, while the S&P 500 has gained 7.6% [3] Future Outlook - The company's earnings outlook is crucial for investors, including current consensus earnings expectations for upcoming quarters [4] - The current consensus EPS estimate for the next quarter is $0.54 on revenues of $383.09 million, and for the current fiscal year, it is $4.29 on revenues of $2.43 billion [7] Industry Context - The Utility - Gas Distribution industry is currently in the top 30% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5][6]

Core Insights - Noble Corporation PLC reported quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.57 per share, and down from $0.72 per share a year ago, representing an earnings surprise of -77.19% [1] - The company posted revenues of $848.65 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 0.61%, but up from $692.84 million year-over-year [2] - Noble Corporation PLC shares have declined approximately 17.5% since the beginning of the year, contrasting with the S&P 500's gain of 7.6% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.45 on revenues of $822.15 million, and for the current fiscal year, it is $1.22 on revenues of $3.36 billion [7] - The estimate revisions trend for Noble Corporation PLC was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Oil and Gas - Drilling industry, to which Noble Corporation PLC belongs, is currently in the bottom 10% of over 250 Zacks industries, suggesting a challenging environment for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, highlighting the importance of monitoring these revisions for investment decisions [5]

Core Viewpoint - Avient (AVNT) reported quarterly earnings of $0.8 per share, exceeding the Zacks Consensus Estimate of $0.78 per share, and showing an increase from $0.76 per share a year ago, indicating a positive earnings surprise of +2.56% [1] Financial Performance - The company achieved revenues of $866.5 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.78% and showing growth from $849.7 million year-over-year [2] - Over the last four quarters, Avient has consistently surpassed consensus EPS estimates four times and topped revenue estimates two times [2] Stock Performance and Outlook - Avient shares have declined approximately 22.7% since the beginning of the year, contrasting with the S&P 500's gain of 7.8% [3] - The company's earnings outlook is crucial for assessing future stock performance, with current consensus EPS estimates at $0.67 for the coming quarter and $2.76 for the current fiscal year [7] Industry Context - The Zacks Chemical - Diversified industry, to which Avient belongs, is currently ranked in the bottom 5% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - The performance of Avient's stock may also be influenced by the overall industry outlook, as historical data indicates that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]

Company Performance - Avantor, Inc. reported quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.25 per share, and down from $0.25 per share a year ago, representing an earnings surprise of -4.00% [1] - The company posted revenues of $1.68 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.38%, but down from year-ago revenues of $1.7 billion [2] - Over the last four quarters, Avantor has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Stock Performance - Avantor shares have lost approximately 36.2% since the beginning of the year, contrasting with the S&P 500's gain of 7.8% [3] - The current Zacks Rank for Avantor is 5 (Strong Sell), indicating expectations for the stock to underperform the market in the near future [6] Future Outlook - The current consensus EPS estimate for the coming quarter is $0.27 on revenues of $1.7 billion, and for the current fiscal year, it is $1.03 on revenues of $6.69 billion [7] - The outlook for the Medical Services industry, where Avantor operates, is currently in the top 35% of over 250 Zacks industries, suggesting potential for better performance compared to lower-ranked industries [8]

Core Viewpoint - Biogen Inc. reported strong quarterly earnings, significantly surpassing consensus estimates, indicating potential positive momentum for the stock despite recent underperformance compared to the market [1][2][3]. Financial Performance - Biogen's quarterly earnings were $5.47 per share, exceeding the Zacks Consensus Estimate of $3.93 per share, and showing an increase from $5.28 per share a year ago, resulting in an earnings surprise of +39.19% [1] - The company posted revenues of $2.65 billion for the quarter, surpassing the Zacks Consensus Estimate by 13.89%, compared to $2.46 billion in the same quarter last year [2] - Over the last four quarters, Biogen has exceeded consensus EPS estimates three times and topped revenue estimates four times [2] Stock Performance and Outlook - Biogen shares have declined approximately 17.2% since the beginning of the year, contrasting with the S&P 500's gain of 8.2% [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the revisions of earnings estimates [3][4] Earnings Estimates - The current consensus EPS estimate for the upcoming quarter is $3.94, with expected revenues of $2.28 billion, and for the current fiscal year, the estimate is $14.75 on revenues of $9.26 billion [7] - The estimate revisions trend for Biogen was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Medical - Biomedical and Genetics industry, to which Biogen belongs, is currently ranked in the bottom 41% of over 250 Zacks industries, suggesting potential challenges ahead [8] - The performance of Biogen's stock may also be influenced by the overall outlook for the industry [8]

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like t ...

Core Viewpoint - Check Point Software (CHKP) reported quarterly earnings of $2.37 per share, exceeding the Zacks Consensus Estimate of $2.36 per share, and showing an increase from $2.17 per share a year ago, indicating a positive earnings surprise of +0.42% [1][2] Financial Performance - The company achieved revenues of $665.2 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.66% and reflecting a year-over-year increase from $627.4 million [2] - Over the last four quarters, Check Point has exceeded consensus EPS estimates three times and has also topped consensus revenue estimates three times [2] Stock Performance - Check Point shares have increased approximately 16.9% since the beginning of the year, outperforming the S&P 500's gain of 8.3% [3] Future Outlook - The company's earnings outlook is crucial for assessing future stock performance, with current consensus EPS estimates at $2.44 for the coming quarter and $9.91 for the current fiscal year, alongside expected revenues of $670.82 million and $2.71 billion respectively [7] - The Zacks Industry Rank places the Security industry in the top 13% of over 250 Zacks industries, suggesting a favorable outlook for companies within this sector [8]

Core Viewpoint - Phillips 66 reported quarterly earnings of $2.38 per share, exceeding the Zacks Consensus Estimate of $1.66 per share, and showing an earnings surprise of +43.37% compared to the previous year’s earnings of $2.31 per share [1][2] Financial Performance - The company achieved revenues of $33.52 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 9.75%, although this represents a decline from year-ago revenues of $38.91 billion [2] - Over the last four quarters, Phillips 66 has exceeded consensus EPS estimates three times and topped consensus revenue estimates four times [2] Stock Performance - Phillips 66 shares have increased approximately 9.1% since the beginning of the year, outperforming the S&P 500's gain of 8.2% [3] Future Outlook - The company's earnings outlook will be crucial for investors, including current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the next quarter is $2.29 on revenues of $30.19 billion, and for the current fiscal year, it is $4.44 on revenues of $122.67 billion [7] Industry Context - The Oil and Gas - Refining and Marketing industry, to which Phillips 66 belongs, is currently ranked in the bottom 26% of over 250 Zacks industries, indicating potential challenges ahead [8]

Core Viewpoint - Immunocore Holdings PLC (IMCR) has shown a significant price increase of 12.6% over the past four weeks, with a mean price target of $62.13 indicating a potential upside of 72.3% from the current price of $36.05 [1] Price Targets and Analyst Consensus - The average price target for IMCR is based on 15 short-term estimates, ranging from a low of $24.00 to a high of $100.00, with a standard deviation of $22.46, indicating variability in analyst predictions [2] - The lowest estimate suggests a decline of 33.4%, while the highest indicates a potential upside of 177.4% [2] - Analysts' price targets should be approached with caution, as their reliability has been questioned in empirical research [3][7] Earnings Estimates and Analyst Agreement - There is strong agreement among analysts regarding IMCR's ability to report better earnings than previously predicted, which supports the view of potential upside [4] - The Zacks Consensus Estimate for the current year has increased by 20.4% over the past month, with no negative revisions [12] - IMCR holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [13] Implications of Price Movement - While the consensus price target may not be a reliable indicator of the extent of potential gains, it does provide a directional guide for price movement [14]

Company Performance - Ribbon Communications reported quarterly earnings of $0.05 per share, matching the Zacks Consensus Estimate, and the same as the previous year [1] - The company posted revenues of $220.58 million for the quarter ended June 2025, exceeding the Zacks Consensus Estimate by 4.00% and up from $192.62 million year-over-year [2] - Over the last four quarters, Ribbon Communications has surpassed consensus revenue estimates three times [2] Stock Movement and Outlook - Ribbon Communications shares have declined approximately 3.1% since the beginning of the year, while the S&P 500 has gained 7.3% [3] - The company's earnings outlook will be crucial for future stock performance, with current consensus EPS estimates at $0.08 for the next quarter and $0.26 for the current fiscal year [4][7] - The current Zacks Rank for Ribbon Communications is 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Communication - Network Software industry, to which Ribbon Communications belongs, is currently in the top 38% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Another company in the same industry, Frontier Communications, is expected to report a quarterly loss of $0.31 per share, reflecting a year-over-year change of +36.7% [9]