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CBOE (CBOE) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKSยท 2025-05-02 15:00
Core Insights - CBOE Global reported revenue of $565.2 million for Q1 2025, a 12.6% year-over-year increase, with EPS of $2.50 compared to $2.15 a year ago, exceeding Zacks Consensus Estimates [1] - The company achieved a revenue surprise of +1.54% and an EPS surprise of +5.93% compared to analyst expectations [1] Financial Performance Metrics - Average Revenue Per Contract for Futures was $1.74, slightly below the $1.76 estimate [4] - Average Daily Volume for Multi-listed options was 13.41 million, exceeding the 12.99 million estimate [4] - Access and capacity fees generated $97.80 million, surpassing the $96.55 million estimate, reflecting an 8.6% year-over-year increase [4] - Market data fees totaled $77.80 million, above the $75.92 million estimate, with an 8.1% year-over-year increase [4] - Other revenue was $25 million, below the $28.23 million estimate, representing a -5.3% change year-over-year [4] - Net transaction and clearing fees reached $832.60 million, exceeding the $788.83 million estimate, with a 15.9% year-over-year increase [4] - Regulatory fees surged to $161.80 million, significantly above the $90.18 million estimate, marking a 222.3% year-over-year increase [4] Stock Performance - CBOE shares returned -2% over the past month, compared to a -0.5% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential outperformance in the near term [3]
Imperial Oil (IMO) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKSยท 2025-05-02 15:00
Imperial Oil (IMO) reported $8.72 billion in revenue for the quarter ended March 2025, representing a year-over-year decline of 4.3%. EPS of $1.75 for the same period compares to $1.65 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $11.11 billion, representing a surprise of -21.51%. The company delivered an EPS surprise of +15.13%, with the consensus EPS estimate being $1.52.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and h ...
Dolby Q2 Earnings Beat Estimates, Revenue Miss, Stock Down
ZACKSยท 2025-05-02 14:40
Financial Performance - Dolby Laboratories reported non-GAAP EPS of $1.34 for Q2 fiscal 2025, exceeding the Zacks Consensus Estimate by 3.9% and up from $1.27 in the prior-year quarter [1] - Total revenues reached $369.6 million, a slight increase from $364.5 million year-over-year, but fell short of the Zacks Consensus Estimate by 2.4% [1] - Licensing segment revenues were $346 million, up 2.3% year-over-year, while Products and Services revenues decreased by 10.4% to $23.6 million [4][5] Segment Performance - Broadcast Licensing contributed 27% to total licensing revenues, while Mobile Licensing, Consumer Electronics, PC Licensing, and Licensing from Other Markets accounted for 29%, 11%, 17%, and 16% respectively [5] - The company anticipates mid-single-digit declines in Consumer Electronics, with strong growth expected in mobile and other markets, while Broadcast and PC are projected to remain flat [6] Cash Flow and Liquidity - For the fiscal year to date ending March 28, 2025, Dolby generated $281.7 million in net cash from operating activities [10] - As of March 28, 2025, the company had $626.6 million in cash and cash equivalents and total liabilities of $646 million [10] Dividend and Share Repurchase - Dolby declared a cash dividend of 33 cents per share, payable on May 21, 2025 [3] - The company repurchased 429,000 shares for approximately $35 million during the quarter, with $352 million remaining under its stock repurchase authorization [11] Future Outlook - For Q3 fiscal 2025, Dolby estimates revenues between $290 million and $320 million, with GAAP EPS expected to be between 26-41 cents and non-GAAP EPS between 62-77 cents [12] - The company revised its fiscal 2025 revenue guidance to a range of $1.31-$1.38 billion, down from the previous $1.33-$1.39 billion [13] Recent Developments - Dolby continues to expand its technologies, with major sporting events available in Dolby Atmos and Dolby Vision, and new partnerships in various markets including China and the automotive sector [14][15][16] - The partnership with AMC Entertainment will add 40 new Dolby Cinema screens at select U.S. locations by 2027 [17]
T. Rowe (TROW) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKSยท 2025-05-02 14:36
For the quarter ended March 2025, T. Rowe Price (TROW) reported revenue of $1.76 billion, up 0.8% over the same period last year. EPS came in at $2.23, compared to $2.38 in the year-ago quarter.The reported revenue represents a surprise of -0.39% over the Zacks Consensus Estimate of $1.77 billion. With the consensus EPS estimate being $2.09, the EPS surprise was +6.70%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...
Amneal (AMRX) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKSยท 2025-05-02 14:35
Amneal Pharmaceuticals (AMRX) reported $695.42 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 5.5%. EPS of $0.21 for the same period compares to $0.14 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $714.78 million, representing a surprise of -2.71%. The company delivered an EPS surprise of +40.00%, with the consensus EPS estimate being $0.15.While investors scrutinize revenue and earnings changes year-over-year and how they compare ...
Northern Oil and Gas (NOG) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKSยท 2025-05-02 14:35
Core Insights - Northern Oil and Gas (NOG) reported revenue of $576.95 million for the quarter ended March 2025, reflecting an 8.4% increase year-over-year and a surprise of +3.27% over the Zacks Consensus Estimate of $558.68 million [1] - The earnings per share (EPS) for the quarter was $1.33, compared to $1.28 in the same quarter last year, resulting in an EPS surprise of +18.75% against the consensus estimate of $1.12 [1] Financial Performance - Average Daily Production of Oil was 78,675 BBL/D, exceeding the estimated 77,194.71 BBL/D [4] - Average Daily Production of Natural Gas and NGLs reached 337,706 Mcf/D, surpassing the estimate of 313,853.6 Mcf/D [4] - Total Net Production was 12,146 KBOE, above the estimated 11,760.28 KBOE [4] - Average Sales Prices for Oil were $64.92, lower than the estimated $67.63 [4] - Net Sales for Oil and Gas Sales totaled $576.95 million, compared to the average estimate of $561.55 million, marking a year-over-year increase of 8.4% [4] Stock Performance - Shares of Northern Oil and Gas have returned -3.4% over the past month, while the Zacks S&P 500 composite changed by -0.5% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]
Compared to Estimates, Cinemark (CNK) Q1 Earnings: A Look at Key Metrics
ZACKSยท 2025-05-02 14:35
Core Insights - Cinemark Holdings reported $540.7 million in revenue for Q1 2025, a year-over-year decline of 6.7% and an EPS of -$0.32 compared to $0.19 a year ago, with revenue exceeding the Zacks Consensus Estimate of $519.59 million by 4.06% [1] Financial Performance - The average ticket price in the U.S. Operating Segment was $10.08, exceeding the estimated $9.87, while the International Operating Segment's average ticket price was $3.53, slightly below the estimated $3.62 [4] - Concession revenues per patron in the U.S. Operating Segment were $7.98, above the estimated $7.78, and in the International Operating Segment, it was $2.88, slightly above the estimated $2.87 [4] - U.S. Operating Segment admissions revenue was $207.60 million, compared to the average estimate of $205 million, reflecting a year-over-year decline of 10.4% [4] - International Operating Segment admissions revenue was $56.50 million, surpassing the average estimate of $51.54 million, with a year-over-year decline of 2.6% [4] - U.S. Operating Segment concession revenue was $164.40 million, exceeding the estimated $161.53 million, but down 8% year-over-year [4] - International Operating Segment concession revenue was $46 million, above the average estimate of $40.83 million, showing a year-over-year increase of 0.9% [4] - Total admissions revenue was $264.10 million, compared to the average estimate of $259.33 million, representing a year-over-year decline of 8.9% [4] - Other revenue was reported at $66.20 million, exceeding the estimated $61.03 million, with a year-over-year increase of 1.5% [4] - Total concession revenue was $210.40 million, above the estimated $205.44 million, reflecting a year-over-year decline of 6.2% [4] Stock Performance - Cinemark shares have returned +19.6% over the past month, while the Zacks S&P 500 composite has seen a -0.5% change, indicating a stronger performance relative to the broader market [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]
Cigna (CI) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKSยท 2025-05-02 14:35
Cigna (CI) reported $65.45 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 14.3%. EPS of $6.74 for the same period compares to $6.47 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $60.8 billion, representing a surprise of +7.66%. The company delivered an EPS surprise of +5.48%, with the consensus EPS estimate being $6.39.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...
Chevron (CVX) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKSยท 2025-05-02 14:35
For the quarter ended March 2025, Chevron (CVX) reported revenue of $47.61 billion, down 2.3% over the same period last year. EPS came in at $2.18, compared to $2.93 in the year-ago quarter.The reported revenue represents a surprise of -2.15% over the Zacks Consensus Estimate of $48.66 billion. With the consensus EPS estimate being $2.15, the EPS surprise was +1.40%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ne ...
Fortive Q1 Earnings Meet Estimates, Revenues Miss & Fall Y/Y
ZACKSยท 2025-05-02 14:10
Core Insights - Fortive Corporation reported first-quarter 2025 adjusted EPS of 85 cents, in line with estimates, with a year-over-year increase of 2.4% [1] - Revenues declined 3.3% year over year to $1.47 billion, missing estimates by 1.2%, with core revenues down 1.7% [1] - The decline in revenues was primarily due to weakness in the Precision Technologies segment, partially offset by growth in Intelligent Operating Solutions and Advanced Healthcare Solutions [1] Financial Performance - Intelligent Operating Solutions generated revenues of $671.4 million, contributing 45.5% to total revenues, up 0.9% year over year [5] - Precision Technologies reported revenues of $500.6 million, down 10.5% year over year, affected by tough comparisons and customer order delays [6] - Advanced Healthcare Solutions achieved revenues of $302.2 million, up 0.8% year over year [6] - Gross profit decreased 3.1% to $880.9 million, with an adjusted operating margin of 25.3%, an increase of 20 basis points year over year [7] Strategic Developments - Fortive announced plans to separate its Precision Technologies business into an independent company, Ralliant, expected to be completed by the end of Q2 2025 [2] - The separation aims to create two focused companies, with Fortive concentrating on IOS and AHS, while Ralliant will specialize in precision instruments [2] - Management revised 2025 guidance due to delayed recovery in Precision Technologies and global tariffs, expecting adjusted diluted EPS to be $3.80 to $4 [3][10] Outlook - For Q2 2025, core performance in Precision Technologies is expected to decline, while the "New Fortive" is anticipated to maintain steady growth [12] - Adjusted EPS for Q2 is projected to be between 85 cents and 90 cents, with the Zacks Consensus Estimate at 99 cents [12] - The company is maintaining its core growth outlook for the "New Fortive," despite potential subdued demand in certain areas [11]