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General Motors Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2025-07-22 07:17
General Motors Company GM will release earnings results for the second quarter before the opening bell on Tuesday, July 22. Analysts expect the Detroit, Michigan-based company to report quarterly earnings at $2.48 per share, down from $3.06 per share in the year-ago period. General Motors is projected to report quarterly revenue of $46 billion, compared to $47.97 billion a year earlier, according to data from Benzinga Pro. Photo via Shutterstock Loading... Loading... Piper Sandler analyst Alexander Potter m ...
Unity Software Inc. (U) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2025-07-21 22:51
Company Performance - Unity Software Inc. closed at $35.92, reflecting a -2.26% change from the previous day, underperforming the S&P 500's gain of 0.14% [1] - Over the past month, Unity's shares have appreciated by 59.3%, significantly outperforming the Computer and Technology sector's gain of 7.37% and the S&P 500's gain of 5.35% [1] Upcoming Earnings Report - Unity is scheduled to release its earnings on August 6, 2025, with a forecasted EPS of -$0.25, representing a 21.88% increase from the same quarter last year [2] - The consensus estimate anticipates revenue of $425.83 million, indicating a 5.21% decrease from the same quarter last year [2] Annual Forecast - For the entire year, the Zacks Consensus Estimates predict an EPS of -$0.8 and revenue of $1.79 billion, reflecting changes of +52.38% and -1.02% respectively compared to the previous year [3] - Recent adjustments to analyst estimates for Unity are noted, with positive revisions indicating a favorable business outlook [3] Analyst Ratings and Industry Rank - The Zacks Rank system, which assesses estimate revisions, currently ranks Unity Software Inc. as 2 (Buy), with a 1.85% increase in the consensus EPS estimate over the last 30 days [5] - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 79, placing it in the top 32% of over 250 industries [6]
ServisFirst (SFBS) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2025-07-21 22:31
For the quarter ended June 2025, ServisFirst Bancshares (SFBS) reported revenue of $140.67 million, up 22.6% over the same period last year. EPS came in at $1.21, compared to $0.95 in the year-ago quarter.The reported revenue represents a surprise of +1.32% over the Zacks Consensus Estimate of $138.84 million. With the consensus EPS estimate being $1.20, the EPS surprise was +0.83%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wal ...
American Express Q2 Earnings Beat Estimates on Premium Customers
ZACKS· 2025-07-18 18:16
Core Insights - American Express Company (AXP) reported Q2 2025 earnings per share (EPS) of $4.08, exceeding the Zacks Consensus Estimate by 5.7% and reflecting a 17% year-over-year increase [1][9] - Total revenues net of interest expense reached $17.9 billion, surpassing the Zacks Consensus Estimate by 1% and showing a 9% year-over-year growth [1][9] Financial Performance - The strong Q2 results were driven by increased Card Member spending and a premium customer base, alongside rising revolving loan balances and robust card fee growth [2] - Network volumes amounted to $472 billion, a 7% year-over-year increase, beating the Zacks Consensus Estimate by 1.3% [3] - Total interest income rose to $6.3 billion, an 8% year-over-year increase, also exceeding the consensus mark by 0.4% [3] - Provision for credit losses increased by 11% year over year to $1.4 billion due to higher net write-offs and net reserve build [3] Expense Analysis - Total expenses grew by 14% year over year to $12.9 billion, driven by higher operating expenses and elevated customer engagement costs [4][9] Segment Performance - U.S. Consumer Services segment pre-tax income was $1.7 billion, a 7% year-over-year increase, but fell short of the Zacks Consensus Estimate by 4.7% [4] - Commercial Services segment pre-tax income was $905 million, consistent with the prior year but below the consensus estimate [5] - International Card Services segment pre-tax income surged 60% year over year to $465 million, exceeding the consensus mark [6] - Global Merchant and Network Services segment pre-tax net income decreased by 31% year over year to $1.1 billion, yet still beat the Zacks Consensus Estimate [7] Balance Sheet Overview - As of June 30, 2025, cash and cash equivalents stood at $57.9 billion, up from $40.6 billion at the end of 2024 [8] - Total assets increased to $295.6 billion from $271.5 billion at the end of 2024 [8] - Long-term debt rose to $58.2 billion from $49.7 billion at the end of 2024 [10] - Shareholders' equity improved to $32.3 billion from $30.3 billion at the end of 2024 [10] Capital Deployment - In Q2 2025, American Express repurchased 5 million common shares for $1.4 billion and paid $600 million in dividends, with a per-share dividend of 82 cents [11] 2025 Outlook - The company anticipates revenue growth of 8% to 10% in 2025 from the 2024 level of $65.9 billion, with EPS expected in the range of $15-$15.50, indicating an 8.9% improvement from 2024 [12]
Taiwan Semiconductor Q2 Earnings and Revenues Surpass Expectations
ZACKS· 2025-07-18 14:01
Core Insights - Taiwan Semiconductor Manufacturing Company Limited (TSM) reported second-quarter 2025 earnings per share (EPS) of $2.47, reflecting a year-over-year increase of 60.7% and surpassing Zacks Consensus Estimates by 4.2% [1][10] - TSM's net revenues for the second quarter reached $30.07 billion, marking a 44.4% increase year over year and exceeding Zacks Consensus Estimate by 0.1% [1][10] Financial Performance - TSM's revenue distribution by platform in the second quarter was as follows: high-performance computing (60%), smartphone (27%), Internet of Things (5%), automotive (5%), digital consumer electronics (1%), and other segments (2%) [2] - The largest contribution to wafer revenues came from 5nm technology, accounting for 36% of total wafer revenues, followed by 3nm at 24% and 7nm at 14% [3][4] - Geographically, North America was the dominant contributor, accounting for 75% of total revenues, while China and the Asia Pacific region each contributed 9%, Japan 4%, and EMEA 3% [5] Margins and Cash Flow - TSM's gross margin was reported at 58.6%, an expansion of 540 basis points year over year, while the operating margin was 49.6%, expanding 710 basis points [6] - The net profit margin stood at 42.7%, reflecting an increase of 590 basis points [6] - As of June 30, 2025, TSM had cash and cash equivalents totaling $90.36 billion, an increase from $81.4 billion at the end of the previous quarter [7] Guidance - For the third quarter of 2025, TSM expects revenues to range between $31.8 billion and $33.0 billion, with a projected gross profit margin between 55.5% and 57.5% and an operating profit margin between 45.5% and 47.5% [9] - For the entirety of 2025, TSM anticipates a revenue increase of approximately 30% in U.S. dollars [9]
American Express(AXP) - 2025 Q2 - Earnings Call Presentation
2025-07-18 12:30
Financial Performance - Revenue growth was 9%, reaching $17.856 billion, compared to $16.333 billion in the prior year [7] - Adjusted EPS increased by 17% to $4.08, up from $3.49 in Q2'24, excluding the Accertify gain [5, 7] - Net income decreased by 4% to $2.885 billion [7] - The company reaffirmed its full-year guidance of 8-10% revenue growth and $15.00-$15.50 EPS [5] Billed Business - Total billed business grew by 7% year-over-year (FX-adjusted) [9] - U S Consumer Services billed business also increased by 7% year-over-year [12] - International Card Services billed business grew by 12% year-over-year (FX-adjusted) [17] - Commercial Services billed business increased by 2% year-over-year (FX-adjusted) [14] Credit Metrics - The net write-off rate for Card Member Loans was 2.2% [67] - The net write-off rate for Card Member Receivables was 1.4% [67] - Total provision increased by 11% year-over-year, driven by a larger net reserve build and higher net write-offs [77] Capital and Guidance - The company's CET1 ratio was 10.6% [53] - The company projects an EPS of $15.00 - $15.50 for 2025 [56]
SLB To Report Lower Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2025-07-18 08:24
Schlumberger Limited SLB will release earnings results for the second quarter, before the opening bell on Friday, July 18.Analysts expect the Westlake, Texas-based company to report quarterly earnings at 75 cents per share, down from 85 cents per share in the year-ago period. Schlumberger projects to report quarterly revenue at $8.51 billion, compared to $9.14 billion a year earlier, according to data from Benzinga Pro.On April 25, SLB reported worse-than-expected first-quarter 2025 results.SLB shares gaine ...
Top Wall Street Forecasters Revamp American Express Expectations Ahead Of Q2 Earnings
Benzinga· 2025-07-18 07:44
Group 1 - American Express is set to release its Q2 earnings results on July 18, with expected earnings of $3.86 per share, down from $4.15 per share in the previous year [1] - The projected quarterly revenue for American Express is $17.7 billion, an increase from $16.33 billion a year earlier [1] - The company's board declared a regular quarterly dividend of 82 cents per common share [2] Group 2 - JP Morgan analyst Richard Shane maintained a Neutral rating and raised the price target from $260 to $342 [4] - Morgan Stanley analyst Betsy Graseck maintained an Equal-Weight rating and increased the price target from $250 to $311 [4] - Keefe, Bruyette & Woods analyst Sanjay Sakhrani maintained an Outperform rating and raised the price target from $360 to $371 [4] - Truist Securities analyst Brian Foran maintained a Buy rating and increased the price target from $375 to $340 [4] - Citigroup analyst Keith Horowitz maintained a Neutral rating and raised the price target from $300 to $327 [4]
Community West Bancshares (CWBC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-07-17 23:31
Group 1 - Community West Bancshares reported $35.67 million in revenue for the quarter ended June 2025, a year-over-year increase of 17.1% [1] - The EPS for the same period was $0.41, unchanged from a year ago, but below the consensus estimate of $0.49, resulting in an EPS surprise of -16.33% [1][3] - The reported revenue was slightly below the Zacks Consensus Estimate of $36 million, indicating a surprise of -0.92% [1] Group 2 - Key metrics for Community West Bancshares include a Net Interest Margin of 4.1%, matching the average estimate, and an Efficiency Ratio of 62.5%, slightly above the estimated 62.3% [4] - Total Non-Interest Income was reported at $2.36 million, below the estimated $2.63 million, while Net Interest Income was $33.3 million, also slightly below the estimate of $33.35 million [4] - Over the past month, shares of Community West Bancshares have returned +11.4%, outperforming the Zacks S&P 500 composite's +4.2% change [3]
Simmons First National (SFNC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-07-17 23:00
Group 1 - Simmons First National (SFNC) reported revenue of $214.18 million for the quarter ended June 2025, reflecting an 8.6% increase year-over-year [1] - Earnings per share (EPS) for the quarter was $0.44, up from $0.33 in the same quarter last year, with a surprise of +10% over the consensus estimate of $0.40 [1] - The reported revenue exceeded the Zacks Consensus Estimate of $213.4 million by +0.37% [1] Group 2 - Total nonperforming assets amounted to $166.72 million, slightly below the average estimate of $167.23 million from two analysts [4] - The efficiency ratio was reported at 62.8%, better than the average estimate of 63% [4] - Net interest margin stood at 3.1%, surpassing the average estimate of 3% [4] Group 3 - Total interest-earning assets (FTE) averaged $23.33 billion, slightly below the average estimate of $23.37 billion [4] - Net interest income (FTE) was reported at $178.25 million, exceeding the average estimate of $175.27 million [4] - Total non-interest income was $42.35 million, below the average estimate of $44.73 million [4] Group 4 - Shares of Simmons First National have returned +7.1% over the past month, outperforming the Zacks S&P 500 composite's +4.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]