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Here's What Key Metrics Tell Us About Allstate (ALL) Q1 Earnings
ZACKSยท 2025-05-01 01:31
Core Insights - Allstate reported $16.8 billion in revenue for Q1 2025, an 8.9% year-over-year increase, but fell short of the Zacks Consensus Estimate of $17.13 billion by 1.91% [1] - The company's EPS for the quarter was $3.53, down from $5.13 a year ago, but exceeded the consensus estimate of $2.26 by 56.19% [1] Financial Performance Metrics - Combined Ratio for Property-liability was 97.4%, better than the average estimate of 98% [4] - Expense Ratio for Property-liability was 21.4%, lower than the average estimate of 22.5% [4] - Loss Ratio for Property-liability was 76%, slightly above the average estimate of 75.2% [4] - Loss Ratio for Auto was 69.3%, better than the average estimate of 71.5% [4] - Property-Liability Net Premiums Earned were $14.03 billion, a year-over-year increase of 8.7%, but below the average estimate of $14.17 billion [4] - Property-Liability Other Revenue was $488 million, a 13.5% year-over-year increase, slightly above the average estimate of $485.47 million [4] - Property-Liability Net Investment Income was $783 million, an 11.5% year-over-year increase, exceeding the average estimate of $741.90 million [4] - Allstate Health and Benefits Net Investment Income was $25 million, an 8.7% year-over-year increase, slightly below the average estimate of $26 million [4] - Allstate Health and Benefits Other Revenue was $131 million, a 2.2% year-over-year decrease, below the average estimate of $132.46 million [4] - Accident and health insurance premiums and contract charges for Allstate Health and Benefits were $487 million, a 1.9% year-over-year increase, below the average estimate of $491.66 million [4] - Corporate and Other Net Investment Income was $22 million, a 22.2% year-over-year increase, below the average estimate of $25.06 million [4] - Premiums earned by Allstate Protection for Homeowners were $3.66 billion, a 16% year-over-year increase, slightly above the average estimate of $3.64 billion [4] Stock Performance - Allstate shares returned -4.2% over the past month, compared to the Zacks S&P 500 composite's -0.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]
Axos Financial (AX) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKSยท 2025-05-01 00:05
Core Viewpoint - Axos Financial reported a revenue of $308.84 million for the quarter ended March 2025, marking a year-over-year increase of 4.8% and exceeding the Zacks Consensus Estimate by 0.72% [1] Financial Performance - Earnings per share (EPS) for the quarter was $1.81, down from $1.94 a year ago, with an EPS surprise of 4.02% compared to the consensus estimate of $1.74 [1] - The efficiency ratio was reported at 47.4%, better than the three-analyst average estimate of 47.9% [4] - Net Interest Margin remained stable at 4.8%, matching the average estimate [4] - Total non-performing assets were $188.86 million, significantly lower than the two-analyst average estimate of $244.19 million [4] - Total nonaccrual loans stood at $185.06 million, also below the two-analyst average estimate of $240.12 million [4] - Average balance of total interest-earning assets was $23.04 billion, slightly below the $23.30 billion average estimate [4] - Net annualized charge-offs to average loans were 0.1%, better than the 0.2% average estimate [4] - Net Interest Income was reported at $275.46 million, lower than the $277.97 million average estimate [4] - Total Non-Interest Income reached $33.37 million, exceeding the three-analyst average estimate of $30.07 million [4] - Income from mortgage banking and servicing rights was $1.50 million, above the two-analyst average estimate of $1.25 million [4] Stock Performance - Over the past month, shares of Axos Financial have returned -0.7%, compared to a -0.2% change in the Zacks S&P 500 composite [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, Evercore (EVR) Q1 Earnings: A Look at Key Metrics
ZACKSยท 2025-04-30 14:36
Group 1 - Evercore reported revenue of $699.9 million for the quarter ended March 2025, representing a 19.2% increase year-over-year and a surprise of +19.27% over the Zacks Consensus Estimate of $586.82 million [1] - The earnings per share (EPS) for the quarter was $3.49, significantly higher than the $2.13 reported in the same quarter last year, with an EPS surprise of +118.13% compared to the consensus estimate of $1.60 [1] - Adjusted Net Revenues from Investment Banking & Equities totaled $678.69 million, exceeding the average estimate of $542.94 million by two analysts, marking a year-over-year increase of +19.8% [4] Group 2 - Net Revenues from Other Revenue were reported at $11.33 million, which is a decline of -60.3% year-over-year and below the average estimate of $21.67 million by two analysts [4] - Adjusted Net Revenues from Investment Management, specifically Asset Management and Administration Fees, were $21.90 million, slightly above the estimated $21.72 million, reflecting a +7.7% change compared to the previous year [4] - Over the past month, Evercore's shares have returned -0.7%, underperforming the Zacks S&P 500 composite's -0.2% change, and the stock currently holds a Zacks Rank 5 (Strong Sell) [3]
Here's What Key Metrics Tell Us About Flushing Financial (FFIC) Q1 Earnings
ZACKSยท 2025-04-30 00:05
Group 1 - Flushing Financial reported revenue of $58.06 million for Q1 2025, a year-over-year increase of 27.7% [1] - The EPS for the same period was $0.23, compared to $0.14 a year ago, indicating a positive growth trend [1] - The reported revenue exceeded the Zacks Consensus Estimate of $55.04 million by 5.49%, and the EPS also surpassed the consensus estimate of $0.22 by 4.55% [1] Group 2 - Key metrics for Flushing Financial include an efficiency ratio of 72.2%, which is better than the average estimate of 77.4% [4] - The net interest margin was reported at 2.5%, slightly above the average estimate of 2.4% [4] - Average interest-earning assets were $8.47 billion, close to the average estimate of $8.51 billion [4] Group 3 - Total non-interest income was reported at $5.07 million, exceeding the average estimate of $4.69 million [4] - Net interest income was $52.99 million, higher than the average estimate of $50.35 million [4] - The stock of Flushing Financial has returned -2.8% over the past month, compared to the S&P 500 composite's -0.8% change [3]
Here's What Key Metrics Tell Us About ServiceNow (NOW) Q1 Earnings
ZACKSยท 2025-04-23 23:00
For the quarter ended March 2025, ServiceNow (NOW) reported revenue of $3.09 billion, up 18.6% over the same period last year. EPS came in at $4.04, compared to $3.41 in the year-ago quarter. The reported revenue represents a surprise of +0.18% over the Zacks Consensus Estimate of $3.08 billion. With the consensus EPS estimate being $3.79, the EPS surprise was +6.60%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...
SmarFinancial (SMBK) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKSยท 2025-04-21 23:30
Core Insights - SmarFinancial (SMBK) reported revenue of $46.84 million for Q1 2025, a year-over-year increase of 16.8% and a surprise of +1.84% over the Zacks Consensus Estimate of $45.99 million [1] - The EPS for the same period was $0.67, compared to $0.49 a year ago, resulting in a surprise of +21.82% over the consensus estimate of $0.55 [1] Financial Performance Metrics - Efficiency Ratio was reported at 69%, better than the estimated 70.3% [4] - Net Interest Margin remained stable at 3.2%, matching the analyst estimate [4] - Net charge-offs to average loans were 0%, outperforming the estimate of 0.1% [4] - Average Balance of Total interest earning assets was $4.87 billion, exceeding the estimate of $4.81 billion [4] - Total noninterest income reached $8.60 million, surpassing the estimate of $7.90 million [4] - Mortgage banking income was $0.49 million, above the estimate of $0.38 million [4] - Net interest income (FTE) was $38.58 million, compared to the estimate of $38.21 million [4] - Interchange and debit card transaction fees were $1.22 million, below the estimate of $1.38 million [4] - Service charges on deposit accounts totaled $1.74 million, slightly above the estimate of $1.69 million [4] - Investment services income was $1.77 million, exceeding the estimate of $1.52 million [4] - Other noninterest income was reported at $1.97 million, significantly above the estimate of $1.38 million [4] - Insurance commissions were $1.41 million, slightly below the estimate of $1.42 million [4] Stock Performance - SmarFinancial shares have returned -7% over the past month, compared to the Zacks S&P 500 composite's -5.6% change [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, FB Financial (FBK) Q1 Earnings: A Look at Key Metrics
ZACKSยท 2025-04-14 23:30
Financial Performance - FB Financial reported revenue of $130.67 million for the quarter ended March 2025, representing a 21.6% increase year-over-year [1] - The earnings per share (EPS) remained stable at $0.85, unchanged from the same quarter last year [1] - The reported revenue was slightly below the Zacks Consensus Estimate of $132.69 million, resulting in a revenue surprise of -1.52% [1] Key Metrics - Efficiency Ratio was reported at 60.9%, higher than the three-analyst average estimate of 57.3% [4] - Net Interest Margin matched the estimated 3.6% [4] - Average Earning Assets were $12.39 billion, aligning with the two-analyst average estimate [4] - Net Charge-offs during the period to Average Loans outstanding were 0.1%, consistent with the two-analyst average estimate [4] - Mortgage banking income was $12.43 million, exceeding the three-analyst average estimate of $10.66 million [4] - Total Noninterest income reached $23.03 million, surpassing the three-analyst average estimate of $22.81 million [4] - Net interest income (tax-equivalent basis) was $108.43 million, slightly below the $109.51 million average estimate [4] - Other Income was reported at $1.35 million, lower than the two-analyst average estimate of $2.51 million [4] - Service charges on deposit accounts were $3.48 million, compared to the $3.40 million average estimate [4] - Net Interest Income was $107.64 million, below the two-analyst average estimate of $109.79 million [4] - ATM and interchange fees were $2.68 million, lower than the two-analyst average estimate of $2.86 million [4] - Investment services and trust income was $3.71 million, slightly above the two-analyst average estimate of $3.70 million [4] Stock Performance - FB Financial shares have returned -12.6% over the past month, compared to the Zacks S&P 500 composite's -3.6% change [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), indicating potential for outperformance in the near term [3]
Compared to Estimates, Marvell (MRVL) Q4 Earnings: A Look at Key Metrics
ZACKSยท 2025-03-05 23:30
For the quarter ended January 2025, Marvell Technology (MRVL) reported revenue of $1.82 billion, up 27.4% over the same period last year. EPS came in at $0.60, compared to $0.46 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.8 billion, representing a surprise of +0.73%. The company delivered an EPS surprise of +1.69%, with the consensus EPS estimate being $0.59.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall S ...