Core Insights - Dutch Bros (NASDAQ: BROS) reported a strong performance in the third quarter, exceeding both earnings and revenue expectations [1] Financial Performance - The company posted an adjusted earnings per share (EPS) of $0.19, surpassing the expected $0.17 [1] - Revenue for the quarter reached $423.58 million, exceeding the consensus estimate of $413.60 million [1]

Core Insights - Bunge Global SA reported third-quarter 2025 adjusted earnings of $2.27 per share, exceeding the Zacks Consensus Estimate of $2.23, but reflecting a 1% year-over-year decline [1][10] - The company completed the acquisition of Viterra, enhancing its global network and agricultural capabilities, with net sales reaching $22.16 billion, a 71.6% increase from the previous year, although it fell short of the consensus estimate of $26.55 billion [2][10] Financial Performance - The cost of sales increased to $21 billion, up 74% year-over-year, while gross profit rose 38% to $1.06 billion [3] - Selling and administrative expenses were $678 million, a 55% increase year-over-year, leading to an operating profit of $403 million, down 1% from the prior year [3] - Adjusted total operating profit surged 54% year-over-year to $757 million, with total adjusted operating margin contracting by 40 basis points to 3.4% [4] Segment Performance - Soybean Processing and Refining: Sales increased 38% to $10.86 billion, with processed soybeans up 30% to 12,139 thousand metric tons, and adjusted operating profit rising 67% to $478 million [5] - Softseed Processing and Refining: Sales surged 130% to $3.66 billion, with processed volumes increasing to 3,124 thousand metric tons, and adjusted operating profit up 107% to $275 million [6] - Other Oilseeds Processing and Refining: Sales rose 13.4% to $1.2 billion, but adjusted operating profit fell 19% to $51 million due to mixed results across regions [7] - Grain Merchandising and Milling: Sales increased 168% to $6.43 billion, with volumes up 168.6% to 24,080 thousand metric tons, and adjusted operating profit rising 56% to $120 million [8][9] Cash Flow and Balance Sheet - Cash used in operating activities was $503 million in the first nine months of 2025, compared to an inflow of $847 million in the same period last year [11] - Cash and cash equivalents decreased to $1.3 billion from $3.3 billion at the end of 2024, while long-term debt rose to $9.8 billion from $4.7 billion [12] Outlook - Bunge Global maintains its 2025 adjusted EPS outlook in the range of $7.30-$7.60 [13] Stock Performance - Bunge Global's shares have gained 20.8% year-to-date, outperforming the industry, which has seen an 11% decline [14]

Core Insights - American International Group, Inc. (AIG) reported third-quarter 2025 adjusted earnings per share of $2.20, exceeding the Zacks Consensus Estimate by 31% and reflecting a 77% year-over-year increase [1][9] - Adjusted operating revenues rose 3.2% year over year to $7.1 billion, surpassing the consensus mark by 3% [1][9] Financial Performance - Premiums for the quarter reached $6.1 billion, growing 2.2% year over year [3] - Total net investment income decreased by 20.7% year over year to $772 million, missing the Zacks Consensus Estimate of $990 million [3] - Total benefits, losses, and expenses amounted to $5.6 billion, down 7.6% year over year due to lower general operating and other expenses [4] - Adjusted return on equity improved by 470 basis points year over year to 11.6% [4] Segment Performance - **General Insurance – North America Commercial**: Net premiums written were stable at $2.4 billion, with underwriting income soaring 300% year over year to $384 million [5][6] - **General Insurance – International Commercial**: Net premiums written increased by 3% year over year to $2.1 billion, with underwriting income rising 3% to $330 million [7] - **General Insurance – Global Personal**: Net premiums written fell 11% year over year to $1.7 billion, impacted by the U.S. High Net Worth business [8] Investment and Capital Management - AIG's cash balance at the end of the third quarter was $1.6 billion, a 22% increase from the end of 2024 [12] - Total assets rose by 1.3% to $163.4 billion, while long-term debt increased by 3.7% to $9.1 billion [12] - AIG repurchased approximately $1.3 billion in shares and paid $250 million in dividends during the quarter [14]

Core Insights - Veritone, Inc. is expected to report its third-quarter 2025 earnings on November 6, with a projected loss of 11 cents per share, reflecting a year-over-year increase of 42.1% in losses [1] - Revenue estimates for the same quarter are set at $28.6 million, indicating a year-over-year rise of 30.1% [1] Revenue and Earnings Expectations - The anticipated revenue for the third quarter of 2025 is expected to be between $28 million and $30 million, with a net loss projected to be between $6 million and $6.5 million, an improvement from a non-GAAP net loss of $11.1 million in the third quarter of 2024 [4] - For the full year 2025, revenues are expected to range from $108 million to $115 million, compared to $92.6 million in 2024, with net losses projected to improve to between $30 million and $25 million from a non-GAAP net loss of $40.8 million at the end of 2024 [5] Segment Performance - The revenue growth in the upcoming quarter is anticipated to be driven by improvements in the Software Products and Services segment, particularly from strong growth in public-sector and commercial software products and services [3] Earnings Prediction Model - The Zacks model indicates that Veritone is not expected to beat earnings this season, with an Earnings ESP of 0.00% and a Zacks Rank of 2 (Buy) [6]

Core Viewpoint - Murphy Oil Corporation (MUR) is anticipated to experience a year-over-year decline in both revenue and earnings when it reports its third-quarter 2025 results on November 5, despite a previous earnings surprise of 28.57% in the last quarter [1][2]. Group 1: Earnings Expectations - Murphy Oil's third-quarter production volume is expected to be between 185,000 to 193,000 barrels of oil equivalents per day (Mboe/d), with a Zacks Consensus Estimate of 195.07 Mboe/d, reflecting a year-over-year growth of 5.7% [5][10]. - The expected revenue for the third quarter is $664.74 million, indicating a decline of 12.35% compared to the previous year [5][10]. - The consensus estimate for earnings per share is 16 cents, representing a significant decline of 78.38% from the year-ago figure [6]. Group 2: Influencing Factors - Increased production from both domestic and international assets, along with new wells coming online, is likely to support Murphy Oil's quarterly earnings [2]. - The company's financial performance and free cash flow have improved due to higher production from its low-breakeven North American portfolio, which has facilitated stock repurchases and enhanced shareholder returns [3]. - Free cash flow is also aiding ongoing debt-reduction initiatives, which are expected to lower capital servicing expenses and improve margins [4]. Group 3: Earnings Prediction Model - The Zacks model does not predict a likely earnings beat for Murphy Oil this quarter, as the company has an Earnings ESP of -4.54% and a Zacks Rank of 4 (Sell) [7][8].

Core Insights - Aveanna Healthcare (AVAH) is set to report its third-quarter 2025 results on November 6, with previous earnings per share (EPS) of 18 cents exceeding estimates by 350% [1] Preliminary Q3 Results - Preliminary results indicate revenues between $616 million and $624 million, reflecting a year-over-year growth of 21.0% to 22.6%, driven by improved reimbursement rates and increased care-hour delivery [2] - Estimated net income ranges from $11 million to $15 million, showing a growth of approximately 126% to 135% year-over-year, while adjusted EBITDA is projected between $77 million and $81 million, indicating a year-over-year increase of about 61% to 69% [3] Factors Influencing Performance - Continued improvements in reimbursement rates and expansion of preferred-payer relationships likely supported revenue quality and performance in Q3 [4] - The expansion of preferred payers is expected to enhance pricing mix and stabilize revenue per hour, particularly in Private Duty Services [5] - Improvements in caregiver recruitment and retention have likely converted strong demand into more care hours delivered, contributing to revenue growth [6] Margin and Cash Generation - Incremental operating leverage and solid margin performance earlier in the year are expected to benefit Q3 earnings, with adjusted EBITDA reaching $88.4 million at a 15% margin in Q2 [7] - A year-to-date free cash flow of approximately $36.9 million positions the company well for continued cash generation in Q3 [9] Earnings Estimates - The Zacks Consensus Estimate for Q3 EPS is set at 8 cents, implying a 300% improvement from the prior-year quarter [10] Share Price Performance - Year-to-date, AVAH shares have increased by 105.9%, outperforming the Medical Outpatient and Home Healthcare Market's growth of 5.1% and the S&P 500 Composite's increase of 18% [13][14] Long-Term Investment Outlook - Management has raised full-year guidance to over $2.3 billion in revenues and more than $270 million in adjusted EBITDA, indicating confidence in sustained growth from improved reimbursement trends and operational efficiencies [17] - The company’s diverse service segments, including Private Duty Services and Home Health & Hospice, support a favorable long-term growth setup [18] - An improving cash-generation profile enhances the company's ability to reinvest in markets and pursue acquisitions, positioning it well for future revenue and earnings growth [19]

Core Viewpoint - ScanSource, Inc. is set to report its first-quarter fiscal 2026 results on November 6, with revenue estimates indicating a slight growth of 1.2% year-over-year and earnings per share expected to improve by 8% from the previous year [1]. Financial Estimates - The Zacks Consensus Estimate for revenues in the upcoming quarter is $784.85 million, reflecting a 1.2% increase from the same quarter last year [1]. - The consensus estimate for quarterly earnings is 91 cents per share, suggesting an 8% improvement compared to the year-ago quarter [1]. - The estimates for earnings and revenues have remained unchanged over the past 60 days [1]. Earnings Surprise History - ScanSource has beaten the Zacks Consensus Estimates in three of the last four quarters, with an average earnings surprise of 7.10% [2][3]. - The earnings surprise percentages for the last four quarters were 12.09%, 11.69%, -4.49%, and 9.09% respectively [3]. Segment Performance - The Specialty Technology Solutions segment is expected to report sales of $752 million, indicating stable performance compared to the previous year [7]. - The Intelisys & Advisory segment's sales are estimated at $24.4 million, representing a 5% increase from $23.3 million in the same quarter last year [9]. - The company anticipates modest revenue growth in the first half of fiscal 2026, with expectations for a stronger performance in the second half [9]. Cost Management - ScanSource has implemented cost reduction and restructuring programs, projected to yield approximately $10.5 million in annualized savings in selling, general, and administrative expenses [10]. - These ongoing cost-saving measures are expected to contribute positively to earnings for the quarter [11]. Stock Performance - Year-to-date, ScanSource's shares have declined by 10.9%, contrasting with a 0.2% growth in the industry [12].

Core Insights - PPL Corporation (PPL) is set to report its third-quarter 2025 results on November 5, with earnings expected at 46 cents per share, reflecting a year-over-year increase of 9.52%, and revenues projected at $2.17 billion, indicating a growth of 5.14% from the previous year [1][7]. Earnings Estimates - The Zacks Consensus Estimate for the current quarter (Q3 2025) is 46 cents per share, with a year-over-year growth estimate of 9.52% [2]. - For the next quarter (Q4 2025), the estimate is 43 cents per share, with a year-over-year growth of 26.47% [2]. - The current year estimate stands at $1.81 per share, reflecting a 7.10% increase from the previous year, while the next year estimate is $1.96 per share, indicating an 8.29% growth [2]. Earnings Surprise History - PPL has beaten the Zacks Consensus Estimate in two of the last four quarters, resulting in a negative average surprise of 0.18% [3]. Earnings Prediction Model - The current Earnings ESP for PPL is 0.00%, and it holds a Zacks Rank of 4 (Sell), indicating that an earnings beat is not predicted this time [5]. Key Factors Influencing Q3 Results - PPL's earnings are expected to benefit from ongoing cost reduction initiatives, energy efficiency programs, and a return on capital investment in the latter half of 2025 [9]. - The company is also likely to see increased earnings due to strong demand from data centers and higher sales volumes in Pennsylvania and Kentucky [10]. Stock Performance - Over the past three months, PPL's stock has returned 1.8%, outperforming the industry growth of 1% [11]. - PPL is trading at a forward 12-month price-to-earnings ratio of 18.78X, which is higher than the industry average of 15.27X, indicating a premium valuation [12]. Return on Equity - PPL's trailing 12-month return on equity (ROE) is 8.81%, which is below the industry average of 10.35% [15]. Investment Considerations - PPL plans to invest $20 billion from 2025 to 2028, with $4.3 billion allocated for 2025, focusing on infrastructure projects for generation, transmission, and distribution [17]. - The company operates in a favorable regulatory environment, with over 60% of its capital investment plan subject to contemporaneous recovery, reducing regulatory lag impacts [18]. Strategic Initiatives - PPL is implementing a "Utility of the Future" strategy, including IT transformation and enhanced engineering standards to improve grid resilience and efficiency [19]. Overall Outlook - PPL is expected to benefit from rising demand, cost savings, energy efficiency programs, and infrastructure upgrades, with strong liquidity and growth driven by data center demand acting as tailwinds [20].

Core Viewpoint - Devon Energy Corporation (DVN) is anticipated to show an increase in revenue but a decrease in earnings for the third quarter of 2025, with results expected to be reported on November 5 [1][10] Group 1: Earnings and Production Expectations - Devon Energy is projected to maintain stable oil production, with an expected output of 387,000 barrels per day in Q3 2025, supported by strong performance from its multi-basin portfolio, particularly the Delaware Basin [2][10] - The company expects total production volumes to range between 829,000 to 847,000 barrels of oil equivalents per day (Mboe/d), with a Zacks Consensus Estimate of 838.7 Mboe/d, reflecting a year-over-year growth of 15.2% [6][10] - The Zacks Consensus Estimate for Q3 revenues is $4.12 billion, indicating a growth of 2.34% compared to the previous year [6][10] - The consensus estimate for earnings is set at 93 cents per share, which represents a decline of 15.45% from the year-ago figure [7][10] Group 2: Factors Influencing Performance - The company has implemented hedging strategies for its Q3 production to mitigate market volatility in oil, natural gas liquids, and natural gas prices, contributing to earnings stability [3][10] - Prudent cost management has allowed Devon Energy to maintain control over operating expenses, while strong cash flow generation has supported its share repurchase program, likely enhancing quarterly earnings [4][10] - Efforts to restructure NGL contracts and improve downstream oil realizations by expanding access to export markets are expected to positively impact Q3 earnings [5][10] Group 3: Earnings Prediction Model - The current model does not predict a likely earnings beat for Devon Energy, as it has an Earnings ESP of -0.07% and a Zacks Rank of 3 (Hold) [8][9]

Key Takeaways Fidelity National will report Q3 2025 earnings on Nov. 5, before the opening bell.Consensus projects EPS of $1.48 and revenue of $2.65B, up 5.7% and 3.3% year over year.Banking and Capital Market Solutions are expected to post solid year-over-year revenue growth.Financial services technology solutions provider Fidelity National Information Services, Inc. (FIS) is set to report third-quarter 2025 results on Nov. 5, 2025, before the opening bell. The Zacks Consensus Estimate for the to-be-report ...