Core Insights - Coca-Cola is expected to report earnings of $0.78 per share and sales of $12.41 billion for the upcoming quarter, showing a slight increase from last year's earnings of $0.77 per share and sales of $11.95 billion [3] - The company has demonstrated a historical pattern of positive one-day returns following earnings announcements, with a 67% occurrence rate over the past five years, and a median positive return of 1.3% [2][8] - Coca-Cola currently has a market capitalization of $291 billion, with $47 billion in revenue, $14 billion in operating profits, and a net income of $12 billion over the past twelve months [4] Historical Performance - Over the last five years, Coca-Cola recorded 18 earnings data points, with 12 positive and 6 negative one-day returns, resulting in a 67% rate of positive returns [8] - The percentage of positive one-day returns drops to 55% when analyzing data from the last three years [8] - The median of the 12 positive returns is 1.3%, while the median of the 6 negative returns is -0.6% [8] Trading Strategies - Traders are advised to assess historical probabilities and establish positions prior to earnings announcements, as well as analyze immediate and medium-term returns post-earnings to inform trading choices [7] - A strategy based on the correlation between short-term and medium-term returns can be employed, particularly if a strong correlation exists between 1D and 5D returns [9]

Core Insights - Lockheed Martin is expected to report quarterly revenues of approximately $18.6 billion, driven by consistent defense spending and effective backlog management in its Aeronautics and Missiles & Fire Control divisions [2] - Earnings may face slight margin pressure due to supply chain costs and program timing, despite efficiency improvements and increased F-35 production rates [2] - The company's current market capitalization stands at $118 billion, with total revenue of $72 billion over the past twelve months, and a net profit of $4.2 billion [3] Financial Performance - Lockheed Martin's operating income for the past year was $5.9 billion, indicating operational profitability [3] - Historical earnings data shows that there have been 20 documented earnings data points over the last five years, with 40% of one-day post-earnings returns being positive [5] - The median of positive one-day returns is 2.1%, while the median of negative returns is -3.5% [5] Investment Strategies - Two approaches are suggested for traders: prepare before the earnings announcement or adjust positions based on immediate and medium-term returns post-earnings [4] - A lower-risk strategy involves analyzing the correlation between short-term and medium-term post-earnings returns to inform trading decisions [6] - The Trefis High Quality portfolio has outperformed the S&P 500, achieving returns exceeding 105% since its inception, providing an alternative for investors seeking less volatility [4][7]

Core Insights - Citigroup is set to announce its earnings on October 14, 2025, with projected revenues of approximately $21 billion, reflecting a 4% increase year-over-year, and earnings anticipated at around $1.83 per share, indicating a 20% rise compared to the previous year [2] - The growth is expected to be driven by a strong investment banking segment, increased deal activity, and enhanced revenues from fixed income and equity trading, alongside robust performance in the wealth management division [2] - The company's current market capitalization is $181 billion, with total revenues of $83 billion and a net income of $14 billion over the last twelve months [3] Revenue and Earnings Expectations - Revenues are projected to be around $21 billion, a 4% increase from the previous year [2] - Earnings per share are expected to be approximately $1.83, reflecting a 20% year-over-year increase [2] Investment Banking and Wealth Management Performance - The investment banking segment is anticipated to perform well due to volatile markets and heightened deal activity [2] - The wealth management division is expected to benefit from stronger asset growth and expansion in premium services such as Citigold and the Private Bank [2] Historical Earnings Data - Over the past five years, Citigroup has recorded 18 earnings data points, resulting in 9 positive and 9 negative one-day returns, indicating a 50% chance of positive returns [6] - The percentage of positive one-day returns increases to 55% when considering the last three years [6] - The median for positive returns is 1.8%, while the median for negative returns is -1.8% [6]

Core Insights - Wells Fargo is set to announce its earnings on October 14, 2025, marking the first complete quarterly report since the Federal Reserve lifted the bank's $1.95 trillion asset cap in May 2025, which is expected to have minimal impact on Q3 results as the bank needs time to expand its operations [2] - The anticipated earnings for Q3 2025 are $1.53 per share, up from $1.42 per share in the same quarter last year, with projected revenues of approximately $21.1 billion, reflecting a 3% increase year-over-year [2] - The bank is expected to see improvements in investment banking and deal-making revenues for Q3 2025, driven by declining inflation that has restored confidence and deal flows in the U.S. market [2] Financial Metrics - Wells Fargo currently has a market capitalization of $261 billion, with revenue over the past twelve months reported at $81 billion and net income at $21 billion [3] - Historical trends indicate that positive one-day post-earnings returns have occurred approximately 45% of the time over the past five years, with a median positive return of 4.0% and a median negative return of -3.3% [5] Trading Strategies - Two approaches are suggested for event-driven trading: understanding historical probabilities to set positions before earnings announcements or assessing correlations between immediate and medium-term returns to adjust positions post-announcement [4] - A lower-risk strategy involves examining the correlation between short-term and medium-term returns following earnings, allowing traders to execute trades based on the strongest correlations observed [6]

Group 1 - BlackRock is expected to announce earnings on October 14, 2025, with projected revenues of $6.22 billion, reflecting a 20% year-over-year increase, and earnings per share anticipated at $11.80 [2] - The revenue growth is attributed to elevated market levels compared to the previous year and an increase in organic base fee revenue, along with expected growth in technology services and subscriptions [2] - BlackRock's current market capitalization is $179 billion, with total revenue over the past twelve months at $22 billion, operating profits of $7.7 billion, and net income of $6.4 billion [2] Group 2 - Historical data shows that BlackRock has had 16 earnings data points over the last five years, resulting in 8 positive and 8 negative one-day returns, indicating a 50% chance of positive returns [5] - The median of the positive one-day returns is 2.6%, while the median of the negative returns is -1.9% [5] - A strategy to analyze correlations between short-term and medium-term returns post-earnings can be effective, particularly if the 1D and 5D returns exhibit strong correlation [6]

Core Insights - PepsiCo is expected to announce its earnings on October 9, 2025, with historical stock trends indicating a strong likelihood of positive returns following earnings announcements [2][3] - Consensus forecasts predict earnings of $2.26 per share on revenue of $23.84 billion, compared to $2.31 per share on sales of $23.32 billion from the previous year [4] - PepsiCo's current market capitalization stands at $195 billion, with reported revenue of $92 billion over the past twelve months, resulting in an operating profit of $12 billion and net income of $7.6 billion [4] Historical Performance - Over the past five years, PepsiCo's stock has appreciated on the day after earnings results in 78% of cases, with a median increase of 1.5% and a peak rise of 3.6% [3][7] - In the last three years, the percentage of positive one-day returns has slightly decreased to 75%, with a median of 1.5% for positive returns and -1.1% for negative returns [7] Post-Earnings Returns - The correlation between one-day (1D) and five-day (5D) returns post-earnings can provide insights for traders, with strategies to position themselves based on historical performance [8] - Historical data indicates that the performance of peers may influence post-earnings stock reactions, with pricing potentially starting before earnings announcements [9]

Group 1 - Tesla is expected to report earnings of approximately $0.52 per share, a decline from $0.72 in the same period last year, while revenues are projected to slightly increase to $25.41 billion [2] - The company reported Q3 delivery figures showing a 7% year-over-year increase in total shipments to 462,890 vehicles, driven by a surge in EV purchases in the U.S. before the federal tax credit expired [2] - Tesla faces challenges in Europe due to opposition to CEO Elon Musk's political views and increasing competition from BMW, Volkswagen, and BYD [2] Group 2 - Tesla's current market capitalization stands at $1.4 trillion, with revenue over the past twelve months amounting to $93 billion, and it reported $5.8 billion in operating profits and a net income of $6.1 billion [3] - Historical trends indicate that there is a 63% chance of positive one-day post-earnings returns based on 19 earnings data points over the last five years, though this percentage drops to 55% when considering the last three years [5] - The median of the 12 positive one-day returns is 4.2%, while the median of the 7 negative returns is -6.1% [5]

Core Insights - Constellation Brands Inc. is expected to announce earnings on October 6, 2025, with a historical trend of negative one-day returns following earnings reports, where 60% of the past five years resulted in negative returns averaging -3.3% [3][4][10] - The consensus estimate for the upcoming report anticipates earnings of $3.42 per share and $2.48 billion in sales, a decline from the previous year's earnings of $4.32 per share and $2.92 billion in sales [4] - The company currently has a market capitalization of $24 billion, with $10 billion in revenue over the past twelve months and operational profits of $3.2 billion, but a net income loss of $442 million [5] Historical Performance - In the last five years, Constellation Brands recorded 20 earnings data points, with 8 positive and 12 negative one-day returns, resulting in positive returns approximately 40% of the time [10] - The median of the positive returns was 1.8%, while the median of the negative returns was -3.3% [10] Trading Strategies - Traders can utilize historical trends to establish positions before and after earnings releases, focusing on the correlation between short-term and medium-term returns [7][9] - A strategy could involve taking a long position for the next five days if the one-day post-earnings return is favorable, based on the correlation data [7]

Core Insights - AeroVironment is scheduled to announce its earnings on September 9, 2025, with historical patterns suggesting potential trading strategies based on past performance [2] - The company has experienced a negative one-day return in 55% of instances following earnings announcements over the past five years, with a median negative return of -6.6% [3][6] - Analysts forecast earnings of $0.34 per share on revenues of $437 million for the upcoming quarter, a significant decline from $0.89 per share and $189 million in revenues from the same quarter last year [3] Financial Performance - AeroVironment currently has a market capitalization of $11.6 billion and generated $821 million in revenue over the past twelve months, with an operating profit of $59 million and a net income of $44 million [4] - The company recorded 20 earnings data points in the last five years, with 9 positive and 11 negative one-day returns, resulting in positive returns approximately 45% of the time [6] Trading Strategies - A strategy based on the correlation between short-term and medium-term returns post-earnings can be employed, particularly if a strong correlation exists between 1D and 5D returns [7] - Historical data indicates that the correlation between 1D post-earnings returns and subsequent 5D returns can guide trading decisions [7][8]

Core Insights - HealthEquity reported revenue of $325.84 million for the quarter ended July 2025, marking an 8.6% year-over-year increase and exceeding the Zacks Consensus Estimate of $318.81 million by 2.2% [1] - The company achieved an EPS of $1.08, up from $0.86 a year ago, representing a surprise of 17.39% compared to the consensus estimate of $0.92 [1] Financial Performance Metrics - Total HSA Assets reached $33.14 billion, surpassing the average estimate of $32.48 billion [4] - Total HSA investments amounted to $16.1 billion, exceeding the estimated $14.78 billion [4] - CDBs Accounts totaled 7.15 million, compared to the average estimate of 6.88 million [4] - Total Accounts stood at 17.14 million, above the average estimate of 16.97 million [4] - Total HSA cash was reported at $17.04 billion, slightly below the average estimate of $17.7 billion [4] - HSAs Accounts were 9.99 million, compared to the estimated 10.1 million [4] - Revenue from Services was $117.87 million, slightly above the estimated $116.04 million, reflecting a 1% year-over-year change [4] - Revenue from Custodial services reached $159.88 million, exceeding the average estimate of $155.15 million, with a year-over-year increase of 15.3% [4] - Revenue from Interchange was $48.09 million, surpassing the estimated $46.74 million, representing an 8% year-over-year change [4] Stock Performance - HealthEquity's shares have returned -2% over the past month, while the Zacks S&P 500 composite increased by 3.8% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]