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Should You Buy Invesco Ahead of Earnings?
ZACKS· 2025-07-21 13:51
Core Viewpoint - Invesco Ltd. (IVZ) is positioned favorably for an upcoming earnings report, with analysts raising earnings estimates, indicating potential for an earnings beat [1][2][5]. Earnings Estimates - Recent earnings estimate revisions for Invesco suggest positive trends, with the Most Accurate Estimate for the current quarter at 41 cents per share, compared to the Zacks Consensus Estimate of 40 cents per share [3]. - This results in a Zacks Earnings ESP of +1.65%, indicating a favorable outlook heading into earnings season [3]. Importance of Earnings ESP - A positive Zacks Earnings ESP has historically led to positive surprises and market outperformance, with a 10-year backtest showing nearly 70% of stocks with a positive Earnings ESP and a Zacks Rank of 3 or better achieving positive surprises [4]. - Stocks with this profile have averaged over 28% in annual returns [4]. Investment Consideration - Given that Invesco holds a Zacks Rank of 1 (Strong Buy) and a positive ESP, it is recommended for investors to consider this stock ahead of its earnings report [5].
Should You Buy Quest Diagnostics Ahead of Earnings?
ZACKS· 2025-07-21 13:41
Core Viewpoint - Quest Diagnostics Incorporated (DGX) is positioned favorably for an upcoming earnings report, with positive trends indicating a potential earnings beat [1][5]. Earnings Estimate Revisions - Recent favorable earnings estimate revisions for Quest Diagnostics suggest a positive outlook, as analysts have raised their estimates just before the earnings report [2][5]. - The Most Accurate Estimate for the current quarter stands at $2.59 per share, slightly above the Zacks Consensus Estimate of $2.57 per share, indicating recent upward revisions by analysts [3]. Earnings ESP and Historical Performance - Quest Diagnostics has a Zacks Earnings ESP of +0.67%, which is a positive indicator heading into earnings season [3]. - Historical data shows that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of delivering positive surprises and have averaged over 28% in annual returns [4]. Investment Consideration - Given the positive earnings estimate revisions and the current Zacks Rank of 3, investors may want to consider Quest Diagnostics as a potential investment ahead of the earnings report [5].
Why Earnings Season Could Be Great for SherwinWilliams
ZACKS· 2025-07-21 13:36
Core Viewpoint - Sherwin-Williams Company (SHW) is positioned favorably for an upcoming earnings report, with positive earnings estimate revisions indicating potential for an earnings beat [1][5]. Earnings Estimate Revisions - Recent activity shows analysts have raised their earnings estimates for SHW, which is typically a precursor to positive earnings surprises [2]. - The Most Accurate Estimate for the current quarter stands at $3.81 per share, surpassing the broader Zacks Consensus Estimate of $3.76 per share, indicating a positive trend [3]. Zacks Earnings ESP - SHW has a Zacks Earnings ESP of +1.32%, suggesting a favorable outlook heading into the earnings season [3]. - A positive Zacks Earnings ESP has historically led to positive surprises and outperformance in the market, with a 70% success rate in producing positive surprises over the past decade [4]. Investment Consideration - With a Zacks Rank of 3 (Hold) and a positive Earnings ESP, SHW is a stock that investors may want to consider prior to the earnings announcement [5]. - The recent revisions in earnings estimates imply that positive results may be forthcoming for Sherwin-Williams [5].
Thermo Fisher (TMO) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates
ZACKS· 2025-07-18 14:15
Core Viewpoint - Analysts project that Thermo Fisher Scientific (TMO) will report quarterly earnings of $5.22 per share, reflecting a 2.8% decline year over year, with revenues expected to reach $10.65 billion, a 1% increase from the same quarter last year [1]. Earnings Estimates - The consensus EPS estimate has been revised upward by 0.2% over the past 30 days, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock price performance [3]. Revenue Projections - Analysts estimate 'Revenues- Laboratory Products and Biopharma Services' at $5.74 billion, a decrease of 0.2% year over year [5]. - 'Revenues- Specialty Diagnostics' are projected to reach $1.14 billion, indicating a 2.5% increase year over year [5]. - 'Revenues- Life Sciences Solutions' are expected to be $2.40 billion, reflecting a 2.1% increase year over year [5]. - 'Revenues- Analytical Instruments' are estimated at $1.79 billion, showing a 0.7% increase year over year [6]. - 'Geographic Revenues- Customer Location- North America' is projected at $5.56 billion, a 0.5% increase from the prior year [6]. - 'Geographic Revenues- Customer Location- Asia-Pacific' is estimated at $1.98 billion, reflecting a 0.4% increase year over year [7]. - 'Geographic Revenues- Customer Location- Other regions' is expected to reach $391.38 million, indicating a 3.3% increase year over year [7]. - 'Geographic Revenues- Customer Location- Europe' is projected at $2.69 billion, suggesting a 0.9% increase year over year [8]. Stock Performance - Over the past month, shares of Thermo Fisher have returned +8.3%, outperforming the Zacks S&P 500 composite's +5.4% change [8]. - Currently, TMO holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the overall market in the near future [8].
Gear Up for Freeport-McMoRan (FCX) Q2 Earnings: Wall Street Estimates for Key Metrics
ZACKS· 2025-07-18 14:15
Wall Street analysts expect Freeport-McMoRan (FCX) to post quarterly earnings of $0.46 per share in its upcoming report, which indicates no change from the year-ago quarter. Revenues are expected to be $7.12 billion, up 7.5% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 11% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's earning ...
Amazon: Strong Industry, Solid Earnings Estimate Revisions
ZACKS· 2025-07-18 13:31
Company Insights - Amazon.com, Inc. (AMZN) is currently an intriguing investment choice due to solid earnings estimate revisions and a favorable Zacks Rank [1][3] - Over the past month, earnings estimates for the current quarter have increased from $1.31 to $1.32 per share, and for the current year, estimates have risen from $6.19 to $6.27 per share [4] Industry Analysis - The Internet-Commerce industry has a Zacks Industry Rank of 73 out of more than 250 industries, indicating strong positioning compared to other segments [2] - The positive trends in the Internet-Commerce space suggest that a rising tide may benefit multiple securities within the industry [2][5]
Seeking Clues to RTX (RTX) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics
ZACKS· 2025-07-17 14:15
In its upcoming report, RTX (RTX) is predicted by Wall Street analysts to post quarterly earnings of $1.45 per share, reflecting an increase of 2.8% compared to the same period last year. Revenues are forecasted to be $20.66 billion, representing a year-over-year increase of 4.8%.The consensus EPS estimate for the quarter has been revised 1.6% 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 ...
What Analyst Projections for Key Metrics Reveal About CN (CNI) Q2 Earnings
ZACKS· 2025-07-17 14:15
Core Viewpoint - Canadian National (CNI) is expected to report quarterly earnings of $1.37 per share, a 1.5% increase year-over-year, with revenues projected at $3.15 billion, reflecting a 0.4% decrease compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised down by 0.2% in the last 30 days, indicating a reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3]. Key Metrics - Analysts project the 'Operating Ratio' to be 61.6%, down from 64.0% a year ago [4]. - 'Carloads - Coal' are expected to reach 118.19 thousand, up from 115.00 thousand year-over-year [5]. - Total 'Carloads' are estimated at 1.39 million, down from 1.42 million in the previous year [5]. - 'Carloads - Metals & Minerals' are projected at 235.00 thousand, down from 247.00 thousand [5]. - 'Carloads - Petroleum & Chemicals' are expected to be 159.84 thousand, down from 162.00 thousand [6]. - 'Carloads - Automotive' are estimated at 56.21 thousand, down from 59.00 thousand [6]. - 'Carloads - Intermodal' are projected at 578.85 thousand, down from 597.00 thousand [6]. - 'Carloads - Forest Products' are expected to be 73.81 thousand, down from 77.00 thousand [7]. - 'Carloads - Grain & Fertilizers' are projected at 170.25 thousand, up from 162.00 thousand [7]. Revenue Ton Miles - 'Revenue Ton Miles - Grain & Fertilizers' are expected to reach 15.67 billion, up from 14.59 billion year-over-year [8]. - 'Revenue Ton Miles - Coal' are projected at 5.42 billion, up from 5.29 billion [8]. - 'Revenue Ton Miles - Forest Products' are estimated at 5.62 billion, down from 5.75 billion [8]. Stock Performance - Over the past month, CNI shares have returned +1%, compared to the S&P 500 composite's +4.2% change [10]. - CNI currently holds a Zacks Rank 3 (Hold), suggesting performance may align with the overall market in the near future [10].
Seeking Clues to KeyCorp (KEY) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics
ZACKS· 2025-07-17 14:15
Wall Street analysts forecast that KeyCorp (KEY) will report quarterly earnings of $0.34 per share in its upcoming release, pointing to a year-over-year increase of 36%. It is anticipated that revenues will amount to $1.8 billion, exhibiting an increase of 18.9% compared to the year-ago quarter.The consensus EPS estimate for the quarter has been revised 1.2% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estima ...
Countdown to PulteGroup (PHM) Q2 Earnings: Wall Street Forecasts for Key Metrics
ZACKS· 2025-07-17 14:15
Core Viewpoint - Analysts expect PulteGroup to report quarterly earnings of $2.93 per share, reflecting an 18.2% year-over-year decline, with revenues projected at $4.39 billion, down 4.5% from the previous year [1] Earnings Estimates - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock performance [2] Revenue Forecasts - Analysts predict 'Homebuilding- Home sale revenues' to reach $4.23 billion, indicating a 5% decrease from the prior-year quarter [4] - 'Revenues- Financial Services' are expected to be $108.69 million, down 2.7% year over year [4] - 'Revenues- Homebuilding' is estimated at $4.26 billion, reflecting a 5.1% decline from the previous year [4] Additional Metrics - 'Homebuilding- Land sale revenues' are forecasted at $40.17 million, showing a 0.9% increase from the year-ago quarter [5] - The 'Average Selling Price - Total' is estimated at $565.10, up from $549.00 in the same quarter last year [5] - 'Net New Orders in Units - Total' is projected at 7,355, down from 7,649 a year ago [5] Backlog and Closings - 'Unit Backlog - Total' is expected to reach 11,181, compared to 12,982 last year [6] - 'Closings (units) - Total' are projected at 7,509, down from 8,097 in the same quarter last year [6] - 'Active Communities' are estimated to reach 971, up from 934 a year ago [6] Order Value and Backlog - 'Net New Orders (Value) - Total' is estimated at $4.30 billion, down from $4.36 billion last year [7] - 'Backlog Value - Total' is expected to be $7.27 billion, compared to $8.11 billion a year ago [7] Financial Services Performance - 'Income / (loss) before income taxes- Financial Services' is projected at $53.19 million, down from $63.38 million in the same quarter last year [8] Stock Performance - Over the past month, shares of PulteGroup have returned +10.2%, outperforming the Zacks S&P 500 composite's +4.2% change [8]