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Netflix (NFLX) Tops Q2 Earnings Estimates
ZACKS· 2025-07-17 22:16
Core Insights - Netflix reported quarterly earnings of $7.19 per share, exceeding the Zacks Consensus Estimate of $7.07 per share, and up from $4.88 per share a year ago, representing an earnings surprise of +1.70% [1] - The company posted revenues of $11.08 billion for the quarter ended June 2025, slightly missing the Zacks Consensus Estimate by 0.06%, and up from $9.56 billion year-over-year [2] - Netflix shares have increased approximately 40.3% year-to-date, significantly outperforming the S&P 500's gain of 6.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $6.56 on revenues of $11.29 billion, and for the current fiscal year, it is $25.45 on revenues of $44.55 billion [7] - The estimate revisions trend for Netflix was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Broadcast Radio and Television industry, to which Netflix belongs, is currently ranked in the bottom 35% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
SYMBOTIC INC (SYM) Moves 8.7% Higher: Will This Strength Last?
ZACKS· 2025-07-17 17:41
Symbotic Inc. (SYM) shares ended the last trading session 8.7% higher at $52.76. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 55.8% gain over the past four weeks.The stock is benefiting from the company’s strong project execution, innovation, and a clear product innovation roadmap.This company is expected to post quarterly earnings of $0.03 per share in its upcoming report, which represents a year-over-year chan ...
Rigetti Computing (RGTI) Surges 30.2%: Is This an Indication of Further Gains?
ZACKS· 2025-07-17 17:01
Rigetti Computing, Inc. (RGTI) shares ended the last trading session 30.2% higher at $16.56. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 10.8% gain over the past four weeks.Rigetti Computing’s quantum computing advancements, demonstrated by achieving 99.5% two-qubit gate fidelity and scaling to more than 100 qubits, position the company for significant top-line growth and long-term market leadership.This compan ...
Algonquin Power & Utilities (AQN) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2025-07-17 17:01
Core Viewpoint - Algonquin Power & Utilities (AQN) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Ratings - The Zacks rating system is primarily based on a company's changing earnings picture, tracking the Zacks Consensus Estimate for EPS from sell-side analysts [2]. - The Zacks rating upgrade reflects an improvement in Algonquin Power & Utilities' earnings outlook, which is expected to positively impact its stock price [4][6]. Impact of Earnings Estimates on Stock Prices - Changes in a company's future earnings potential, as indicated by earnings estimate revisions, are strongly correlated with near-term stock price movements, particularly due to institutional investors' reliance on these estimates for valuation [5]. - Rising earnings estimates and the subsequent rating upgrade suggest an improvement in the underlying business of Algonquin Power & Utilities, which could lead to higher stock prices as investors respond positively [6]. Historical Performance of Zacks Ratings - The Zacks Rank stock-rating system has a strong track record, with Zacks Rank 1 stocks averaging an annual return of +25% since 1988 [8]. - The Zacks rating system maintains a balanced distribution of "buy" and "sell" ratings, ensuring that only the top 20% of stocks receive a "Strong Buy" or "Buy" rating, indicating superior earnings estimate revisions [10][11]. Recent Earnings Estimate Revisions - For the fiscal year ending December 2025, Algonquin Power & Utilities is expected to earn $0.31 per share, unchanged from the previous year, but the Zacks Consensus Estimate has increased by 8.8% over the past three months [9].
All You Need to Know About SunOpta (STKL) Rating Upgrade to Strong Buy
ZACKS· 2025-07-17 17:01
SunOpta (STKL) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- 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.Since a changi ...
MasTec (MTZ) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2025-07-17 17:01
MasTec (MTZ) could be a solid addition to your portfolio given its recent upgrade 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.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 power of ...
PROKIDNEY CP (PROK) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2025-07-17 17:01
ProKidney Corp. (PROK) could be a solid choice for investors given its recent upgrade 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 years is tracked by the system.T ...
What Makes Northwest Natural (NWN) a New Strong Buy Stock
ZACKS· 2025-07-17 17:01
Northwest Natural (NWN) 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.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.Since a ch ...
Fortuna (FSM) Upgraded to Buy: Here's Why
ZACKS· 2025-07-17 17:01
Core Viewpoint - Fortuna Mining (FSM) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][3]. 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][4]. - Changes in earnings estimates are strongly correlated with near-term stock price movements, particularly due to the actions of institutional investors who adjust their valuations based on these estimates [4][5]. Recent Performance and Outlook - Fortuna's earnings estimates have been on the rise, with a 22% increase in the Zacks Consensus Estimate over the past three months for the fiscal year ending December 2025, projected at $0.78 per share [8][10]. - The upgrade to Zacks Rank 2 places Fortuna in the top 20% of Zacks-covered stocks, suggesting potential for higher stock prices in the near term [10]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a proven track record of performance, particularly for Zacks Rank 1 stocks which have averaged a +25% annual return since 1988 [7][9]. - The system maintains a balanced distribution of ratings, ensuring that only the top 20% of stocks based on earnings estimate revisions receive a "Strong Buy" or "Buy" rating [9][10].
Monarch Casino (MCRI) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2025-07-17 17:01
Monarch Casino (MCRI) 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 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 ...