Company Overview - Northern Trust Corporation (NTRS) shares increased by 8% to $120.81 in the last trading session, with a trading volume higher than average [1] - The stock has gained 5.7% over the past four weeks [1] Merger Speculation - The rise in Northern Trust's stock price was influenced by a Wall Street Journal report indicating that Bank of New York Mellon approached Northern Trust for a potential merger discussion [2] - Senior executives from both firms have held at least one meeting, although no specific terms or formal offers were discussed [2] - The early-stage talks have generated investor optimism and speculation about a possible deal, contributing to the stock's surge [2] Earnings Expectations - Northern Trust is expected to report quarterly earnings of $2.06 per share, reflecting a year-over-year increase of 15.7% [3] - Revenues are anticipated to be $1.97 billion, which is a decrease of 27.5% compared to the same quarter last year [3] Earnings Estimate Revisions - The consensus EPS estimate for Northern Trust has been revised 0.7% higher in the last 30 days [4] - A positive trend in earnings estimate revisions is typically associated with price appreciation, suggesting potential for further stock strength [4] Industry Context - Northern Trust is part of the Zacks Banks - Major Regional industry, which includes other companies like M&T Bank Corporation (MTB) [4] - M&T Bank's consensus EPS estimate has changed by +0.1% to $4.03, representing a 6.3% increase from the previous year [5] - M&T Bank also holds a Zacks Rank of 3 (Hold) [5]

TD SYNNEX (SNX) came out with quarterly earnings of $2.99 per share, beating the Zacks Consensus Estimate of $2.69 per share. This compares to earnings of $2.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +11.15%. A quarter ago, it was expected that this high-tech contractor would post earnings of $2.87 per share when it actually produced earnings of $2.80, delivering a surprise of -2.44%.Over the last four quarters, the c ...

Company Overview - Graham Corporation (GHM) shares increased by 7.4% to $48.40 in the last trading session, with a notable trading volume, contributing to a total gain of 22.5% over the past four weeks [1][2] Sales and Growth Drivers - The recent rally in Graham Corporation's stock is attributed to optimism regarding increased sales of capital equipment to foreign markets and higher aftermarket sales. Additionally, growth in existing programs, improved pricing, and favorable timing of key project milestones are expected to positively impact the company [2] Earnings Expectations - For the upcoming quarterly report, Graham Corporation is projected to post earnings of $0.25 per share, reflecting a year-over-year decline of 24.2%. Revenue is anticipated to reach $54 million, which is an 8.1% increase compared to the same quarter last year [3] Earnings Estimate Trends - The consensus EPS estimate for Graham has remained unchanged over the last 30 days. Historical data indicates that stock prices typically do not continue to rise without trends in earnings estimate revisions, suggesting that monitoring GHM's performance is essential to determine if the recent stock price increase can be sustained [4] Industry Context - Graham Corporation is part of the Zacks Manufacturing - General Industrial industry. Another company in the same sector, Graco Inc. (GGG), saw a 1.6% increase in its stock price, closing at $85.34, with a 0.4% return over the past month [4]

KB Home (KBH) came out with quarterly earnings of $1.50 per share, beating the Zacks Consensus Estimate of $1.45 per share. This compares to earnings of $2.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +3.45%. A quarter ago, it was expected that this homebuilder would post earnings of $1.56 per share when it actually produced earnings of $1.49, delivering a surprise of -4.49%.Over the last four quarters, the company has s ...

Allegion (ALLE) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The power of a chang ...

Core Viewpoint - Popular (BPOP) has received an upgrade to a Zacks Rank 1 (Strong Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][2]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on the consensus measure of EPS estimates from sell-side analysts, reflecting the company's changing earnings picture [1][2]. - Changes in earnings estimates are strongly correlated with near-term stock price movements, largely due to institutional investors who adjust their valuations based on these estimates [3]. Business Improvement Indicators - The upgrade in ratings and rising earnings estimates suggest an improvement in Popular's underlying business, which could lead to an increase in stock price as investors respond positively [4]. Importance of Earnings Estimate Revisions - Empirical research supports the correlation between earnings estimate revisions and stock movements, making it beneficial for investors to track these revisions [5]. - The Zacks Rank system effectively utilizes earnings estimate revisions to classify stocks, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [6]. Specifics on Popular's Earnings Estimates - For the fiscal year ending December 2025, Popular is expected to earn $10.54 per share, which remains unchanged from the previous year [7]. - Over the past three months, the Zacks Consensus Estimate for Popular has increased by 4.8%, indicating a positive trend in earnings expectations [7]. Zacks Rating System Overview - The Zacks rating system maintains a balanced distribution of "buy" and "sell" ratings across over 4,000 stocks, with only the top 5% receiving a "Strong Buy" rating [8]. - Popular's upgrade to a Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [9].

Core Viewpoint - Agnico Eagle Mines (AEM) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][2]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of changing earnings estimates, which are strongly correlated with near-term stock price movements [3][5]. - Institutional investors utilize earnings estimates to determine the fair value of stocks, leading to buying or selling actions that affect stock prices [3]. Company Performance and Outlook - The upgrade for Agnico reflects an improvement in the company's underlying business, suggesting that investor sentiment may drive the stock price higher [4]. - Agnico is projected to earn $6.05 per share for the fiscal year ending December 2025, with no year-over-year change, while the Zacks Consensus Estimate has increased by 34.5% over the past three months [7]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks which have averaged a +25% annual return since 1988 [6]. - The upgrade of Agnico to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [9].

Gorilla Technology Group Inc. (GRRR) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The ...

Royal Bank (RY) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors often find ...

Commonwealth Bank of Australia Sponsored ADR (CMWAY) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following year ...