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Carnival (CCL) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2025-06-24 15:26
Carnival (CCL) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +45.83%. A quarter ago, it was expected that this cruise operator would post earnings of $0.02 per share when it actually produced earnings of $0.13, delivering a surprise of +550%.Over the last four quarters, the company ...
Evolv Technologies (EVLV) Soars 5.8%: Is Further Upside Left in the Stock?
ZACKS· 2025-06-24 15:16
Company Overview - Evolv Technologies Holdings, Inc. (EVLV) shares increased by 5.8% to $6.06 in the last trading session, with a higher-than-average trading volume [1] - The stock has shown a 0.4% gain over the past four weeks [1] - Evolv Technologies is experiencing strong customer expansions and increased adoption of subscription models, along with early traction of its new product, Evolv eXpedite [1] Financial Expectations - The company is projected to report a quarterly loss of $0.09 per share, reflecting a year-over-year change of -550% [2] - Expected revenues are $29.25 million, which is a 14.5% increase from the same quarter last year [2] - Trends in earnings estimate revisions are correlated with near-term stock price movements, indicating potential strength in the stock [2][3] Stock Performance and Rankings - The consensus EPS estimate for Evolv Technologies has remained unchanged over the last 30 days, suggesting that the stock's price movement may not sustain without earnings estimate revisions [3] - The stock currently holds a Zacks Rank of 2 (Buy) [3] - Evolv Technologies is part of the Zacks Computers - IT Services industry, which includes Stem, Inc. (STEM), another stock in the same sector that closed 1679.1% higher at $7.44 [3]
Strength Seen in CorMedix (CRMD): Can Its 21.7% Jump Turn into More Strength?
ZACKS· 2025-06-24 15:01
CorMedix (CRMD) shares ended the last trading session 21.7% 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 10.1% gain over the past four weeks.The sudden stock price urge was observed after CorMedix announced that a major Large Dialysis Organization customer has started ordering and will implement DefenCath for patient use in the second half of 2025. DefenCath is CRMD’s sole marketed product whic ...
Wall Street Analysts See an 89.66% Upside in Metsera Inc. (MTSR): Can the Stock Really Move This High?
ZACKS· 2025-06-24 14:56
Core Viewpoint - Metsera Inc. (MTSR) shows significant upside potential with a mean price target of $55, indicating an 89.7% increase from its current price of $29.00 [1] Price Targets and Analyst Consensus - The average price target for MTSR ranges from a low of $38.00 to a high of $65.00, with a standard deviation of $14.8, suggesting variability in analyst estimates [2] - The lowest estimate indicates a 31% increase, while the highest suggests a 124.1% upside [2] - A low standard deviation indicates a high degree of agreement among analysts regarding the stock's price movement [9] Earnings Estimates and Market Sentiment - Analysts are optimistic about MTSR's earnings prospects, as indicated by a positive trend in earnings estimate revisions [4][11] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 1.9%, with no negative revisions [12] - MTSR holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] Caution on Price Targets - While price targets are a common tool for investors, they can often mislead and should not be the sole basis for investment decisions [3][10] - Analysts may set overly optimistic price targets due to business incentives, which can inflate expectations [8]
How Much Upside is Left in FB Financial (FBK)? Wall Street Analysts Think 25.06%
ZACKS· 2025-06-24 14:56
Core Viewpoint - FB Financial (FBK) shares have shown a 1.9% increase over the past four weeks, closing at $44.46, with a potential upside of 25.1% based on Wall Street analysts' price targets [1][11]. Price Targets - The average price target for FBK is $55.6, with estimates ranging from a low of $51.00 to a high of $59.00, indicating a standard deviation of $3.78 [2]. - The lowest estimate suggests a 14.7% increase, while the highest points to a 32.7% upside [2]. Analyst Consensus and Earnings Estimates - Analysts have shown strong agreement in revising earnings estimates higher, which is a positive indicator for potential stock upside [4][11]. - The Zacks Consensus Estimate for the current year has increased by 0.8% over the past month, with one estimate rising and no negative revisions [12]. Zacks Rank - FBK holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, suggesting a strong potential for upside [13]. Price Target Reliability - While consensus price targets are often used by investors, they should be approached with skepticism due to historical inaccuracies in predicting actual stock price movements [3][10]. - A low standard deviation among price targets indicates a high degree of agreement among analysts regarding the stock's price direction, serving as a starting point for further research [9].
Strength Seen in Northern Trust (NTRS): Can Its 8.0% Jump Turn into More Strength?
ZACKS· 2025-06-24 14:31
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) Beats Q2 Earnings and Revenue Estimates
ZACKS· 2025-06-24 14:15
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 ...
Graham (GHM) Surges 7.4%: Is This an Indication of Further Gains?
ZACKS· 2025-06-24 12:50
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) Tops Q2 Earnings and Revenue Estimates
ZACKS· 2025-06-23 22:21
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) Upgraded to Buy: Here's What You Should Know
ZACKS· 2025-06-23 17:01
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 ...