Core Insights - Synovus Financial Corp. reported second-quarter 2025 adjusted earnings per share of $1.48, exceeding the Zacks Consensus Estimate of $1.25 and up from $1.16 a year ago [1][10] - The results were driven by significant year-over-year growth in net interest income and non-interest revenue, alongside a reduction in provisions for credit losses [1][10] Financial Performance - Net income available to common shareholders was $206.3 million, a recovery from a loss of $23.7 million in the prior-year quarter [2] - Total revenues reached $593.7 million, a 93.9% increase from the prior-year quarter, surpassing the Zacks Consensus Estimate by 1.7% [3][10] - Net interest income rose 5.6% year over year to $459.6 million, with the net interest margin expanding by 17 basis points to 3.37% [3] - Non-interest revenues were $134.1 million, compared to a negative $128.8 million in the prior-year quarter, driven by higher core banking fees, wealth management income, and capital markets income [4] Expenses and Efficiency - Non-interest expenses increased by 4.6% year over year to $315.7 million, primarily due to higher employment expenses [4] - The adjusted tangible efficiency ratio improved to 52.3%, down from 53.1% in the year-earlier quarter, indicating increased profitability [5] Loan and Deposit Trends - Total loans amounted to $43.5 billion, reflecting a 2.1% increase from the previous quarter [6] - Total core deposits were $49.9 billion, a decline of 1.8% from the previous quarter [6] Credit Quality - Non-performing loans were $257.4 million, a slight increase from the year-ago quarter, while total non-performing assets rose to $258.6 million [7] - Provisions for credit losses significantly decreased by 87.7% year over year to $3.2 million [7] - Net charge-offs fell by 46.9% to $18.3 million, with the net charge-off ratio decreasing to 0.17% from 0.32% in the prior-year quarter [8] Capital Ratios and Profitability - As of June 30, 2025, the Tier 1 capital ratio was 12.01%, and the total risk-based capital ratio was 13.74%, both improved from the previous year [11] - Adjusted return on average assets increased to 1.46% from 1.21%, and adjusted return on average common equity rose to 16.71% from 15.31% [11]

Core Insights - GE Aerospace reported strong second-quarter 2025 results, with revenues and earnings exceeding expectations, following its spin-off from General Electric in April 2024 [2][3] Financial Performance - Adjusted earnings were $1.66 per share, surpassing the Zacks Consensus Estimate of $1.43, marking a 38% year-over-year increase [3][8] - Total revenues reached $11 billion, a 21% year-over-year increase, while adjusted revenues were $10.2 billion, up 23% year-over-year, exceeding the consensus estimate of $9.7 billion [3][4] - Total orders grew 27% year-over-year to $14.2 billion [3] Segment Performance - Revenues from the Commercial Engines & Services segment increased 30% year-over-year to $7.99 billion, driven by higher shop visit work, spare parts sales, and pricing [4] - The Defense & Propulsion Technologies segment reported revenues of $2.56 billion, a 7% year-over-year increase, with total orders rising 24% year-over-year to $2.9 billion [5] Cost and Margin Analysis - Cost of sales rose 22.8% year-over-year to $6.85 billion, while selling, general, and administrative expenses increased 10.4% to $1.02 billion [6] - Research and development expenses totaled $359 million, reflecting a 19.7% year-over-year rise [6] - Operating profit (non-GAAP) was $2.3 billion, up 23% year-over-year, with a margin of 23%, down 10 basis points [6] Balance Sheet and Cash Flow - As of the end of Q2 2025, GE Aerospace had cash and cash equivalents of $10.9 billion, down from $13.6 billion at the end of December 2024 [7] - Adjusted free cash flow was $2.1 billion, compared to $1.1 billion in the same quarter last year [7] Future Outlook - For 2025, GE expects adjusted revenues to grow in the mid-teens range, with operating profit estimated between $8.2 billion and $8.5 billion [10] - Adjusted earnings are projected to be in the range of $5.60 to $5.80 per share, with free cash flow anticipated between $6.5 billion and $6.9 billion [10] - The Commercial Engines & Services segment is expected to see revenue growth in the high-teens range, while the Defense & Propulsion Technologies segment is projected to grow in the mid to high-single-digit range [11]

Core Insights - Elevance Health reported revenue of $49.42 billion for the quarter ended June 2025, reflecting a 14.3% increase year-over-year, and an EPS of $8.84, down from $10.12 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $48.15 billion by 2.64%, while the EPS fell short of the consensus estimate of $9.16 by 3.49% [1] Financial Performance Metrics - Benefit Expense Ratio was reported at 88.9%, slightly above the average estimate of 88.4% from 16 analysts [4] - Medical Membership - Commercial Risk-Based stood at 4.96 million, below the estimated 5 million [4] - Medical Membership - Commercial Fee-Based was reported at 27.15 million, slightly below the estimate of 27.22 million [4] - Service fees revenue was $2.11 billion, lower than the $2.23 billion estimate, representing a year-over-year decline of 7.4% [4] - Product revenue reached $6.04 billion, slightly below the $6.14 billion estimate, but showed a 9.3% increase year-over-year [4] - Net investment income was $486 million, exceeding the estimate of $464.67 million, but down 4.3% from the previous year [4] - Premiums revenue was reported at $41.27 billion, surpassing the estimate of $39.64 billion, with a year-over-year increase of 16.5% [4] - Total operating revenue from Health Benefits was $41.58 billion, above the estimate of $40.84 billion, reflecting an 11.9% year-over-year increase [4] - Total operating revenue from Carelon was $18.08 billion, exceeding the estimate of $16.86 billion, with a significant year-over-year increase of 35.8% [4] - Total operating revenue from Carelon Services was $7.44 billion, above the estimate of $6.8 billion, representing a remarkable 63.7% increase year-over-year [4] - Total operating revenue from CarelonRx was $10.64 billion, surpassing the estimate of $10.05 billion, with a year-over-year increase of 21.3% [4] Stock Performance - Elevance Health's shares have returned -8.3% over the past month, contrasting with the Zacks S&P 500 composite's increase of 4.2% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

Core Insights - Webster Financial (WBS) reported a revenue of $715.84 million for the quarter ended June 2025, reflecting a year-over-year increase of 16.5% and a surprise of +0.58% over the Zacks Consensus Estimate of $711.74 million [1] - The earnings per share (EPS) for the quarter was $1.52, up from $1.26 in the same quarter last year, resulting in an EPS surprise of +7.8% compared to the consensus estimate of $1.41 [1] Financial Performance Metrics - Net Interest Margin stood at 3.4%, matching the average estimate from six analysts [4] - The Efficiency Ratio was reported at 45.4%, better than the average estimate of 47.6% from six analysts [4] - Net charge-offs as a percentage of average loans and leases (annualized) were 0.3%, lower than the average estimate of 0.4% from five analysts [4] - Average balance of Total interest-earning assets was $74 billion, exceeding the average estimate of $72.96 billion from five analysts [4] - Total nonperforming loans and leases amounted to $534.52 million, significantly lower than the estimated $587.42 million from two analysts [4] - Total Non-Interest Income reached $94.66 million, slightly above the average estimate of $93.59 million from six analysts [4] - Net Interest Income was reported at $621.18 million, surpassing the average estimate of $616.23 million from five analysts [4] - Wealth and investment services income was $7.78 million, slightly below the average estimate of $7.86 million from five analysts [4] - Loan and lease related fees totaled $17.66 million, below the average estimate of $17.97 million from five analysts [4] - Deposit service fees were reported at $40.93 million, exceeding the average estimate of $39.51 million from five analysts [4] - Increase in cash surrender value of life insurance policies was $9.17 million, above the average estimate of $8.02 million from four analysts [4] - Non-interest income from other sources was $19.12 million, below the average estimate of $20.35 million from four analysts [4] Stock Performance - Webster Financial's shares have returned +13.3% 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 expected performance in line with the broader market in the near term [3]

Core Insights - PepsiCo reported $22.73 billion in revenue for the quarter ended June 2025, a year-over-year increase of 1% [1] - The EPS for the same period was $2.12, down from $2.28 a year ago, with a surprise of +4.43% compared to the consensus estimate of $2.03 [1] Revenue Performance - Net Revenue from the International Beverages Franchise was $1.37 billion, slightly above the average estimate of $1.35 billion [4] - Net Revenue from EMEA was $4.54 billion, exceeding the average estimate of $4.34 billion [4] - Net Revenue from PBNA was $6.8 billion, slightly below the average estimate of $6.84 billion, representing a year-over-year change of -0.2% [4] - Net Revenue from PFNA was $6.48 billion, surpassing the average estimate of $6.4 billion, with a significant year-over-year change of +1054.4% [4] - Net Revenue from LatAm Foods was $2.55 billion, above the average estimate of $2.5 billion, reflecting a year-over-year decline of -16.3% [4] - Net Revenue from Asia Pacific Foods was $1 billion, in line with the average estimate of $1.01 billion [4] Core Operating Profit - Core Operating Profit for PFNA was $1.49 billion, matching the average estimate [4] - Core Operating Profit for PBNA was $994 million, exceeding the average estimate of $916.74 million [4] - Core Operating Profit for the International Beverages Franchise was $538 million, above the average estimate of $512.59 million [4] - Core Operating Profit for Corporate unallocated was -$404 million, worse than the average estimate of -$381.15 million [4] - Core Operating Profit for LatAm Foods was $545 million, surpassing the average estimate of $483.66 million [4] - Core Operating Profit for Asia Pacific Foods was $93 million, below the average estimate of $101.58 million [4] Stock Performance - PepsiCo shares returned +4.9% 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]

Core Insights - The Progressive Corporation (PGR) reported a second-quarter 2025 earnings per share (EPS) of $4.88, exceeding the Zacks Consensus Estimate by 10.1% and reflecting an 84.1% year-over-year increase [1][8] - Operating revenues rose 19.5% year over year to $42.2 billion, driven by higher net premiums earned and significant increases in net investment income and service revenues [2] - The company achieved a net realized gain on securities of $387 million, a significant improvement from a loss of $127 million in the same quarter last year [3][8] Premiums and Policies - Net premiums written reached $20 billion, marking a 12% increase from $17.9 billion a year ago, while net premiums earned grew 18% to $20.3 billion, surpassing the Zacks Consensus Estimate of $20.1 billion [1][8] - Policies in force in the Personal Lines segment increased 16% year over year to 36.1 million, with notable growth in the Personal Auto segment [4] Financial Metrics - Progressive's book value per share was $55.62 as of June 30, 2025, up 39.5% from $39.85 a year earlier, and the return on equity improved to 43.6% from 40.2% [5] - The total debt-to-total capital ratio improved by 530 basis points to 17.5 [5] Expense Overview - Total expenses increased by 15.1% to $35.2 billion, driven by higher losses, policy acquisition costs, and other underwriting expenses [2]

United Airlines Holdings Inc UAL stock is in the green, rallying on strong chart signals ahead of its second quarter earnings report after market close Wednesday.Bullish Technicals Set The Stage For A BreakoutChart created using Benzinga ProShares are trading around $87.41, comfortably above their eight-, 20-, 50-, and 200-day simple moving averages, a classic bullish indicator that suggests the trend is favorable, despite selling pressure indicating caution ahead.The Relative Strength Index (RSI) is at 59. ...

Group 1 - Alphabet (NASDAQ: GOOG) is set to report Q2'25 earnings on July 23, 2025, after market close [1] - Analyst expectations for Alphabet's earnings per share (EPS) have shown mixed revisions, with 17 upward and 13 downward adjustments in the last 90 days [1] - The expectation is for Alphabet to report substantial, margin-accretive top-line growth [1] Group 2 - Michael Del Monte, a buy-side equity analyst, has over 5 years of industry experience and previously worked in professional services across various sectors [1]

Core Insights - Hancock Whitney (HWC) reported revenue of $375.48 million for Q2 2025, a year-over-year increase of 4.4% and an EPS of $1.37, up from $1.31 a year ago, exceeding Zacks Consensus Estimates for both revenue and EPS [1] Financial Performance Metrics - Net interest margin (TE) stood at 3.5%, matching the average estimate from four analysts [4] - Efficiency Ratio was reported at 54.9%, better than the four-analyst average estimate of 55.9% [4] - Total net charge-offs as a percentage of average loans were 0.3%, slightly above the 0.2% average estimate from three analysts [4] - Average balance of total interest-earning assets was $32.08 billion, slightly above the three-analyst average estimate of $32.05 billion [4] - Total nonperforming loans amounted to $94.92 million, below the two-analyst average estimate of $106.46 million [4] - Total nonperforming assets were reported at $121.77 million, lower than the $138.95 million estimated by two analysts [4] - Total noninterest income reached $98.52 million, exceeding the four-analyst average estimate of $96.84 million [4] - Net interest income (TE) was $279.46 million, slightly above the $278.55 million average estimate from four analysts [4] - Net interest income was reported at $276.96 million, compared to the $275.4 million estimated by three analysts [4] - Secondary mortgage market operations generated $4.15 million, below the $4.24 million average estimate from two analysts [4] - Bank card and ATM fees totaled $22 million, exceeding the two-analyst average estimate of $21.14 million [4] - Investment and annuity fees and insurance commissions were reported at $10.6 million, slightly above the $10.47 million average estimate from two analysts [4] Stock Performance - Shares of Hancock Whitney have returned +11.7% over the past month, outperforming the Zacks S&P 500 composite's +5% change, with a Zacks Rank 2 (Buy) indicating potential for further outperformance [3]

SOL Earnings Report Q2 2025 https://t.co/j0kkzPzg5o ...