Shares of a major automaker surged Friday on a strong earnings report, while a shoes and apparel maker lost ground after warning tariffs and higher prices could discourage shoppers. https://t.co/LyImrofR63 ...

Core Insights - Popular, Inc. (BPOP) reported Q3 2025 EPS of $3.14, exceeding the Zacks Consensus Estimate of $3.04 and up from $2.16 in the same quarter last year [1][10] - The increase in earnings was driven by higher net interest income (NII), fee income, and loan balances, although challenges included lower deposit balances, increased operating expenses, and higher provisions [1][9] Financial Performance - Net income on a GAAP basis was $211.3 million, reflecting a 36% year-over-year increase [2] - Total quarterly revenues reached $817.7 million, an 11% increase from the previous year [3] - Quarterly NII was $646.5 million, up 12.9% year over year, with the net interest margin expanding by 27 basis points to 3.51% [3] - Non-interest income rose 4.3% year over year to $171.2 million, driven by increased service charges, mortgage banking activities, and other operating income [4] - Total operating expenses increased by 5.9% year over year to $495.3 million, primarily due to higher personnel costs and business promotion expenses [4] Loan and Deposit Trends - As of September 30, 2025, total loans held-in-portfolio increased by 1.3% sequentially to $37.9 billion [5] - Total deposits decreased by 1% from the previous quarter to $66.5 billion [5] Credit Quality - The provision for credit losses was $74.5 million, up 2.4% from the prior-year quarter [6] - Non-performing assets increased by 28.4% year over year to $545.1 million, with a non-performing assets to total assets ratio of 0.73% compared to 0.60% a year ago [6] Capital Ratios - As of September 30, 2025, the Common Equity Tier 1 capital ratio and Tier 1 capital ratio were 15.79% and 15.84%, respectively, down from 16.42% and 16.48% in the previous year [7] Share Repurchase Activity - In the reported quarter, the company repurchased 1,000,862 shares of common stock for $119.4 million [8] Strategic Outlook - The company is positioned to benefit from business transformation initiatives and modernization of customer channels, although the decline in deposit balances and elevated expenses may impact near-term growth [9]

Core Insights - Newmont Corporation (NEM) reported a significant increase in third-quarter earnings, with earnings per share rising to $1.67 from 80 cents year-over-year, and adjusted earnings reaching $1.71, surpassing the Zacks Consensus Estimate of $1.29 [1][9] Financial Performance - Revenues for the third quarter were $5,524 million, reflecting a 20% increase from $4,605 million in the prior-year quarter, exceeding the Zacks Consensus Estimate of $4,973.8 million, driven by higher realized gold prices and reduced costs [2][9] - Cash and cash equivalents at the end of the quarter stood at $5,639 million, an 87% increase year-over-year, while long-term debt decreased by 31.4% to $5,180 million [5][9] Operational Highlights - Attributable gold production for the third quarter was 1.42 million ounces, down 4% from the previous quarter and 15% year-over-year, falling short of the estimate of 1.51 million ounces [3] - Average realized gold prices increased by approximately 40.5% year-over-year to $3,539 per ounce, exceeding the estimate of $3,357 per ounce [3] Cost Metrics - Costs applicable to sales (CAS) for gold were reported at $1,185 per ounce, a decrease of 1.8% year-over-year, although higher than the estimate of $1,035 per ounce [4] - All-in-sustaining costs (AISC) for gold decreased by around 2.8% year-over-year to $1,566 per ounce, which was lower than the estimate of $1,626 per ounce [4] Future Outlook - Newmont expects to maintain its gold production guidance for 2025 at approximately 5.9 million ounces, with total CAS projected at $1,200 per ounce and AISC at $1,630 per ounce, unchanged from previous guidance [6] - General and Administrative expenses guidance for 2025 has improved by $85 million due to cost savings, with additional improvements projected in reclamation and remediation accretion and exploration expenses [7] Stock Performance - Newmont's shares have increased by 87.3% over the past year, outperforming the industry average increase of 79.3% [8]

Core Insights - Community Health Systems, Inc. (CYH) reported adjusted earnings of $1.27 per share for Q3 2025, surpassing the Zacks Consensus Estimate of a loss of 32 cents and improving from a loss of 30 cents in the prior year [1][11] - Net operating revenues remained stable at $3.1 billion, exceeding the consensus mark by 3.2% [1][2] Financial Performance - The quarterly results were supported by reduced expenses, favorable changes in payor mix, and increased same-store admissions, although declines in patient days, occupancy rate, and adjusted admissions partially offset these positives [2] - Total operating expenses decreased by 13.7% year over year to $2.8 billion, primarily due to lower non-operating expenses, but were 2.6% higher than estimates [4] - Net income for the quarter was $171 million, a significant increase from a net loss of $355 million in the same period last year [6][11] - Adjusted EBITDA rose by 8.4% year over year to $376 million, driven by increased non-patient revenues and higher reimbursement rates [6] Operational Metrics - As of the end of Q3, the hospital count was 70, down from 77 a year ago, with patient days decreasing by 9.3% year over year [3] - The average length of stay decreased by 2.3% to 4.2 days, while the occupancy rate slightly declined to 49.7% [3] - Adjusted admissions fell by 7.7% year over year, although same-store admissions increased by 1.3% [3] Balance Sheet and Cash Flow - Cash and cash equivalents increased to $123 million from $37 million at the end of 2024, while total assets decreased to $13.2 billion from $14.1 billion [8] - Long-term debt decreased to $10.6 billion from $11.4 billion at the end of 2024 [8] - Operating cash flows for the first nine months of 2025 were $277 million, up from $264 million in the prior year [9] Future Guidance - The company anticipates net operating revenues between $12.4 billion and $12.6 billion for 2025, with adjusted EBITDA expected in the range of $1.5 billion to $1.55 billion [12] - Net income per share is projected to be between 80 cents and 90 cents for 2025 [12] - Capital expenditures are expected to be between $350 million and $400 million [13]

Core Viewpoint - KB Home's recent earnings report shows a mixed performance with earnings and revenues beating estimates but declining year-over-year, reflecting challenges in the housing market and a cautious outlook for fiscal 2025 [2][3][5]. Financial Performance - Adjusted earnings per share (EPS) for Q3 fiscal 2025 were $1.61, exceeding the Zacks Consensus Estimate of $1.50 by 7.3%, but down from $2.04 in the same quarter last year [5]. - Total revenues reached $1.62 billion, surpassing the consensus mark of $1.6 billion by 1.5%, yet decreased by 7.4% year-over-year [5]. - Homebuilding segment revenues were $1.61 billion, down 7.6% from $1.75 billion a year ago, with home deliveries at 3,393 units, a decline of 6.6% [6]. Market Challenges - The company faces ongoing challenges in a difficult housing market, including pricing pressures, cost inflation, and tariffs on construction materials [3]. - Net orders fell by 4.4% year-over-year to 2,950 units, with the value of net orders decreasing to $1.31 billion from $1.54 billion [7]. - The cancellation rate increased to 17% compared to 15% in the previous year [7]. Strategic Initiatives - KB Home is focusing on expanding its build-to-order mix, reducing build times, and enhancing customer satisfaction while maintaining strict cost controls [4]. - The company has a healthy balance sheet with significant cash flow and capital returns to shareholders, positioning itself for improved margins and long-term growth [4]. Guidance and Outlook - For fiscal 2025, KB Home revised its housing revenue guidance to $6.1-$6.2 billion, down from $6.3-$6.5 billion, with an average selling price (ASP) estimated at approximately $483,000 [14]. - The housing gross margin is expected to be between 19.2% and 19.3%, down from 21% reported last year [15]. - The company anticipates SG&A expenses as a percentage of housing revenues to be in the range of 10.2-10.3% [16]. Financial Position - As of August 31, 2025, KB Home had cash and cash equivalents of $330.6 million, down from $598 million at the end of fiscal 2024, with total liquidity of $1.16 billion [12]. - The debt-to-capital ratio increased to 33.2 from 29.4 at the end of fiscal 2024 [12]. Industry Context - KB Home is part of the Zacks Building Products - Home Builders industry, which has seen mixed performance, with competitors like Lennar reporting a year-over-year revenue decline of 6.4% [20].

Core Viewpoint - Thor Industries reported strong earnings for Q4 fiscal 2025, significantly beating expectations, but experienced a slight decline in revenues year-over-year [2][8]. Financial Performance - Earnings per share for Q4 fiscal 2025 were $2.31, surpassing the Zacks Consensus Estimate of $1.16 and up from $1.68 in Q4 fiscal 2024 [2]. - Total revenues for Q4 were $2.52 billion, exceeding the Zacks Consensus Estimate of $2.31 billion, but down 0.4% from the previous year [2]. Segmental Results - **North American Towable RVs**: Revenues were $888.7 million, a decrease of 4.6% year-over-year, but above the estimate of $825.6 million [3]. - **North American Motorized RVs**: Revenues increased by 7.8% year-over-year to $557.4 million, exceeding the estimate of $504 million [5]. - **European RVs**: Revenues were $923 million, down 2.2% year-over-year, but above the estimate of $856.3 million [6]. Profitability Metrics - Gross profit for the company totaled $118.6 million, a 1% increase year-over-year, driven by reduced warranty and promotional expenses [4]. - Pretax income rose to $74.5 million from $50.9 million in the previous year, primarily due to improved gross profits [4]. Backlog and Cash Position - Total backlog at the end of the quarter was $525 million, down from $552.4 million a year earlier [4]. - Cash and cash equivalents stood at $586.6 million, with long-term debt of $919.6 million as of July 31, 2025 [7]. Guidance and Future Outlook - For fiscal 2026, Thor Industries projects consolidated net sales between $9 billion and $9.5 billion, down from $9.6 billion in fiscal 2025, with EPS expected to range from $3.75 to $4.25 compared to $4.84 in fiscal 2025 [8]. - There has been a downward trend in estimates revisions, with the consensus estimate shifting down by 9.43% [9][10]. Investment Scores - Thor Industries holds a strong Growth Score of A but has a lower Momentum Score of C, with an overall VGM Score of A [11].

Core Insights - Bread Financial Holdings (BFH) reported an operating income of $4.02 per share for Q3 2025, exceeding the Zacks Consensus Estimate by 90.5% and more than doubling year-over-year [1][8] - The quarterly performance was driven by increased credit sales and reduced non-interest expenses, although it faced challenges from lower average and end-of-period loans and interest income [1][8] Revenue Analysis - Revenues decreased by 1.2% year-over-year to $971 million, primarily due to lower billed late fees from reduced delinquencies and a $4 million gain on portfolio sale in 2024, partially offset by lower interest expenses and new pricing changes [2] - The top line still surpassed the consensus estimate by 0.2% [2] Credit Sales and Loans - Credit sales reached $6.8 billion, marking a 5% increase year-over-year, attributed to new partner growth and increased general-purpose spending [3] - Average loans decreased by 1% to $17.6 billion, while end-of-period loans fell by 2% to $17.7 billion due to higher payment rates and ongoing elevated gross losses [3] Interest Income and Margins - Total interest income declined by 3% to $1.2 billion, aligning with estimates [3] - The net interest margin remained stable at 18.8%, surpassing the Zacks Consensus Estimate of 18.2% [4] Expense Management - Total non-interest expenses decreased by 17%, influenced by the prior year's impact from repurchased debt [4] - The delinquency rate improved to 6% from 6.4% year-over-year, while the net loss rate improved by 40 basis points to 7.4% [4] Financial Metrics - Tangible book value increased by 19% year-over-year to $56.36 per share as of September 30, 2025 [5] - Return on average equity rose to 22.4%, expanding by 2,200 basis points year-over-year [5] Capital Deployment - The board of directors approved a 10% increase in the dividend to 23 cents per share, payable on December 12 to stockholders of record as of November 7 [6] - An additional $200 million was authorized for share repurchases, bringing the total available for repurchases to $340 million [6] Future Guidance - BFH anticipates average credit card and other loans to remain flat to slightly down from 2024, with total revenues expected to be relatively flat due to pricing changes [7] - The net loss rate is projected to be between 7.8% and 7.9%, with expectations of improvement driven by resilient consumer behavior and credit management actions [9]

Core Insights - Illinois Tool Works Inc. (ITW) reported third-quarter 2025 adjusted earnings of $2.81 per share, exceeding the Zacks Consensus Estimate of $2.56, with a year-over-year increase of 6% [1][10] - Revenues for ITW were $4.06 billion, slightly missing the consensus estimate of $4.08 billion, but reflecting a 2% year-over-year growth, aided by a favorable foreign currency translation of 2% [1][10] - Organic sales increased by 1% in the quarter, while product line simplification negatively impacted sales by 1% [1] Segment Performance - Test & Measurement and Electronics revenues were $698 million, remaining flat year over year, below the estimate of $712.9 million [2] - Automotive Original Equipment Manufacturer revenues rose by 7% year over year to $830 million, slightly below the estimate of $805.8 million [2] - Food Equipment generated revenues of $694 million, up 3% year over year, but below the estimate of $701.9 million [3] - Welding revenues were $477 million, also up 3% year over year, slightly missing the estimate of $481.8 million [3] - Construction Products revenues decreased by 1% year over year to $473 million, slightly below the estimate of $476.5 million [4] - Specialty Products revenues increased by 3% year over year to $452 million, exceeding the estimate of $450.3 million [4] - Polymers & Fluids revenues declined by 2% year over year to $441 million, missing the estimate of $452.4 million [4] Margin Profile - Cost of sales increased by 1% year over year to $2.25 billion, while selling, administrative, and research and development expenses rose by 2.7% to $676 million [5] - The operating margin improved to 27.4%, an increase of 90 basis points from the previous year, with enterprise initiatives contributing 140 basis points to this margin [5][10] Balance Sheet and Cash Flow - At the end of Q3 2025, ITW had cash and equivalents of $924 million, down from $948 million at the end of December 2024 [6] - Long-term debt increased to $7.68 billion from $6.31 billion at the end of December 2024 [6] - In the first nine months of 2025, ITW generated net cash of $2.16 billion from operating activities, a decrease of 0.2% year over year [7] - Capital spending on plant and equipment was $314 million, down 1.6% year over year, with free cash flow at $1.85 billion, a decrease of 0.1% year over year [7] 2025 Guidance - ITW updated its full-year 2025 financial guidance, expecting earnings in the range of $10.40 - $10.50 per share, slightly adjusted from the previous range of $10.35 - $10.55 [8] - Revenues are anticipated to increase by 1-3%, with organic revenues expected to rise by 0-2% [8] - The operating margin is projected to be between 26% and 27%, with enterprise initiatives expected to contribute approximately 125 basis points [8] - Free cash flow is projected to be approximately 100% of net income, with plans to repurchase about $1.5 billion worth of shares [9]

Core Insights - Sonic Automotive, Inc. (SAH) reported Q3 2025 adjusted earnings per share of $1.41, missing the Zacks Consensus Estimate of $1.82 but showing an 11.9% increase from the previous year [1][9] - Total revenues reached $4 billion, exceeding the Zacks Consensus Estimate of $3.67 billion and rising 14% from $3.5 billion in the same quarter last year [1][9] Revenue Breakdown - Consolidated revenues from new vehicle sales were $1.9 billion, up 19% year over year; used vehicle sales generated $1.25 billion, up 6%; and wholesale vehicle sales totaled $84.2 million, up 25% [2] - Revenues from parts, service, and collision repair increased 11% to $533.9 million, while finance, insurance, and other revenues rose 16% to $203.8 million [2] - Total gross profit increased 13% to $615.5 million [2] Franchised Dealerships Segment - Revenues from new vehicle sales in this segment were $1.86 billion, up 19% year over year; used vehicle sales were $796.7 million, up 14%; and wholesale vehicle sales reached $52.8 million, up 25% [3] - Parts, service, and collision repair revenues increased 11% to $510.1 million, and finance, insurance, and other revenues jumped 21% to $147.6 million [3] - Same-store revenues rose 11% to over $3 billion, with same-store retail units of new and used vehicles totaling 54,897, a 5% increase from the same quarter of 2024 [3] EchoPark Segment - The EchoPark segment reported quarterly revenues of $522.5 million, down 4% year over year, with used vehicle sales at $439.2 million (down 7%) and wholesale vehicle sales at $30.4 million (up 28%) [4] - The segment sold 16,353 used vehicles and 3,224 wholesale vehicles, reflecting a decrease of 8% and an increase of 19%, respectively, year over year [4] Powersports Segment - Revenues from new vehicle sales in the Powersports segment totaled $38.8 million, up 44% year over year; used vehicle sales reached $17.2 million, up 91%; while wholesale vehicle sales were $1 million, down 9% [5] - Parts, service, and collision repair revenues rose 18% to $23.8 million, with same-store revenues up 35% to $78.3 million [5] - Same-store retail units of new and used vehicles were 2,822, a 42% increase year over year [5] Financial Metrics - Selling, general, and administrative expenses increased 15% year over year to 73.4% of gross profit [6] - Cash and cash equivalents stood at $89.4 million as of September 30, 2025, up from $44 million as of December 31, 2024 [6] - Long-term debt decreased to $1.44 billion as of September 30, 2025, down from $1.51 billion as of December 31, 2024 [6] Dividend Announcement - Sonic Automotive announced a quarterly dividend of 38 cents per share, payable on January 15, 2025, to stockholders of record as of December 15 [7] Market Position - Sonic Automotive currently holds a Zacks Rank 3 (Hold) [8] - Other better-ranked stocks in the auto sector include Cooper-Standard Holdings Inc. (CPS), OPENLANE, Inc. (KAR), and Garrett Motion Inc. (GTX), each with a Zacks Rank 1 (Strong Buy) [8]

Core Insights - Gentex (GNTX) reported revenue of $655.24 million for the quarter ended September 2025, reflecting a year-over-year increase of 7.7% but falling short of the Zacks Consensus Estimate of $673.73 million by 2.75% [1] - The company's EPS for the quarter was $0.46, down from $0.53 in the same quarter last year, with an EPS surprise of -2.13% against the consensus estimate of $0.47 [1] Financial Performance - The stock has returned -7.2% over the past month, contrasting with the Zacks S&P 500 composite's +1.3% change, indicating underperformance relative to the broader market [3] - Gentex currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the market in the near term [3] Auto-Dimming Mirror Shipments - Total Interior Mirrors shipped were 7.18 million, below the estimated 7.43 million [4] - Total Exterior Mirrors shipped were 4.07 million, slightly below the estimated 4.1 million [4] - Total Auto-Dimming Mirror Units shipped were 11.25 million, compared to the estimated 11.53 million [4] - North American Mirror Units shipped totaled 3.83 million, exceeding the average estimate of 3.69 million [4] - International Exterior Mirrors shipped were 2.52 million, slightly below the estimated 2.58 million [4] - North American Exterior Mirrors shipped were 1.55 million, above the estimated 1.52 million [4] - Total International Mirror Units shipped were 7.42 million, below the estimated 7.84 million [4] - International Interior Mirrors shipped were 4.9 million, below the estimated 5.26 million [4] - North American Interior Mirrors shipped were 2.29 million, exceeding the estimated 2.17 million [4] Revenue Breakdown - Revenue from Other products was $12.3 million, significantly below the average estimate of $24.75 million, representing a year-over-year change of +2.5% [4] - Revenue from Automotive Products was $558 million, below the average estimate of $593.13 million, reflecting a year-over-year decline of -6.5% [4]