Company Performance - Piper Sandler Companies (PIPR) shares increased by 4.4% to close at $302.62, supported by solid trading volume, and have gained 11.5% over the past four weeks [1][2] - The stock has seen a price increase for two consecutive trading sessions, driven by growing investor optimism regarding investment banks due to a rebound in deal-making activities linked to clarity on Trump's tariff plans [2] Earnings Expectations - The company is expected to report quarterly earnings of $1.99 per share, reflecting a year-over-year decline of 21%, while revenues are projected to be $344.7 million, an increase of 1.6% from the previous year [3] - The consensus EPS estimate for Piper Sandler has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [4] Industry Context - Piper Sandler belongs to the Zacks Financial - Investment Bank industry, which includes other companies like Citigroup (C), that closed 1.5% higher at $87.08, with a 9.5% return over the past month [5] - Citigroup's consensus EPS estimate has increased by 0.6% to $1.62, representing a year-over-year change of 6.6% [6]

Company Performance - JPMorgan Chase & Co. ended the recent trading session at $288.12, demonstrating a +1.75% change from the preceding day's closing price, outperforming the S&P 500's 0.28% gain [1] - Shares of the company witnessed a gain of 5.6% over the previous month, surpassing the Finance sector's gain of 2.79% and the S&P 500's gain of 4.37% [1] Upcoming Earnings - The company's earnings report is set to be disclosed on July 15, 2025, with an anticipated EPS of $4.51, marking a 2.5% rise compared to the same quarter of the previous year [2] - Revenue is expected to be $43.81 billion, showing a 12.73% drop compared to the year-ago quarter [2] Full Year Projections - For the full year, Zacks Consensus Estimates project earnings of $18.65 per share and revenue of $175.3 billion, representing changes of -5.57% and -1.27% from the prior year, respectively [3] Analyst Estimates - Recent modifications to analyst estimates for JPMorgan Chase & Co. indicate changing near-term business trends, with positive alterations signifying analyst optimism regarding the business and profitability [4] Zacks Rank and Performance - The Zacks Rank system, which evaluates estimate changes, currently ranks JPMorgan Chase & Co. at 3 (Hold), with the Zacks Consensus EPS estimate having moved 1.49% higher within the past month [6] - The Zacks Rank system has an impressive track record, with 1 ranked stocks yielding an average annual return of +25% since 1988 [6] Valuation Metrics - JPMorgan Chase & Co. has a Forward P/E ratio of 15.18, indicating a discount relative to the industry average Forward P/E of 16.61 [7] - The company holds a PEG ratio of 2.62, compared to the Financial - Investment Bank industry average PEG ratio of 1.34 [7] Industry Overview - The Financial - Investment Bank industry is part of the Finance sector and currently holds a Zacks Industry Rank of 57, placing it in the top 24% of all 250+ industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Core Viewpoint - Conagra Brands reported quarterly earnings of $0.56 per share, missing the Zacks Consensus Estimate of $0.59 per share, and showing a decline from $0.61 per share a year ago, indicating a negative earnings surprise of -5.08% [1][2] Financial Performance - The company posted revenues of $2.78 billion for the quarter ended May 2025, which was 2.18% below the Zacks Consensus Estimate and down from $2.91 billion year-over-year [2] - Over the last four quarters, Conagra Brands has surpassed consensus EPS estimates only once and has topped consensus revenue estimates just once [2] Stock Performance - Conagra Brands shares have declined approximately 26.6% since the beginning of the year, contrasting with the S&P 500's gain of 6.5% [3] - The current Zacks Rank for Conagra Brands is 5 (Strong Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The consensus EPS estimate for the upcoming quarter is $0.50 on revenues of $2.72 billion, while for the current fiscal year, the estimate is $2.19 on revenues of $11.64 billion [7] - The trend of estimate revisions for Conagra Brands has been unfavorable leading up to the earnings release [6] Industry Context - The Food - Miscellaneous industry, to which Conagra Brands belongs, is currently ranked in the bottom 27% of over 250 Zacks industries, suggesting a challenging environment for stock performance [8] - Mondelez, another company in the same industry, is expected to report quarterly earnings of $0.67 per share, reflecting a year-over-year decline of -22.1% [9]

Group 1: Earnings Performance - Byrna Technologies Inc. reported quarterly earnings of $0.1 per share, exceeding the Zacks Consensus Estimate of $0.05 per share, but down from $0.13 per share a year ago, representing an earnings surprise of +100.00% [1] - The company has surpassed consensus EPS estimates in all four of the last quarters [2] - Byrna Technologies posted revenues of $28.51 million for the quarter ended May 2025, slightly above the Zacks Consensus Estimate by 0.02%, and an increase from $20.27 million year-over-year [2] Group 2: Stock Performance and Outlook - Byrna Technologies shares have increased approximately 12.1% since the beginning of the year, outperforming the S&P 500's gain of 6.5% [3] - The future stock price movement will largely depend on management's commentary during the earnings call and the earnings outlook [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.06 on revenues of $26.5 million, and for the current fiscal year, it is $0.35 on revenues of $114.23 million [7] Group 3: Industry Context - The Technology Services industry, to which Byrna Technologies belongs, is currently ranked in the top 21% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked using tools like the Zacks Rank [5][6]

Earnings Performance - Sono-Tek Corporation reported quarterly earnings of $0.03 per share, exceeding the Zacks Consensus Estimate of $0.02 per share, and up from $0.02 per share a year ago, representing an earnings surprise of +50.00% [1] - The company had revenues of $5.13 million for the quarter ended May 2025, which was 1.1% below the Zacks Consensus Estimate, but slightly up from $5.03 million year-over-year [2] Stock Performance - Sono-Tek shares have declined approximately 6.2% since the beginning of the year, contrasting with the S&P 500's gain of 6.5% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.03 on revenues of $5.6 million, and for the current fiscal year, it is $0.04 on revenues of $19.62 million [7] - The Electronics - Semiconductors industry, to which Sono-Tek belongs, is currently ranked in the top 34% of over 250 Zacks industries, suggesting a favorable industry outlook [8]

Core Insights - Delta Air Lines reported quarterly earnings of $2.1 per share, exceeding the Zacks Consensus Estimate of $2.04 per share, but down from $2.36 per share a year ago, indicating an earnings surprise of +2.94% [1] - The company generated revenues of $16.65 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.78%, although this is slightly lower than the $16.66 billion reported in the same quarter last year [2] - Delta shares have declined approximately 16.2% year-to-date, contrasting with the S&P 500's increase of 6.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.36 on revenues of $15.46 billion, while for the current fiscal year, the estimate is $5.11 on revenues of $59.49 billion [7] - The estimate revisions trend for Delta was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Industry Context - The Transportation - Airline industry is currently ranked in the bottom 41% of over 250 Zacks industries, indicating potential challenges for stocks within this sector [8] - Air Canada, another airline in the same industry, is expected to report quarterly earnings of $0.51 per share, reflecting a year-over-year decline of -29.2%, with revenues anticipated to be $3.99 billion, down 1.1% from the previous year [9]

Core Viewpoint - Investors are encouraged to consider Cadence (CADE) due to solid improvements in earnings estimates and positive short-term price momentum [1] Earnings Estimate Revisions - Analysts are increasingly optimistic about Cadence's earnings prospects, leading to higher estimates that are expected to positively impact the stock price [2] - The Zacks Rank system indicates strong agreement among analysts in raising earnings estimates, significantly increasing consensus estimates for the next quarter and full year [3] Current-Quarter Estimates - The earnings estimate for the current quarter is $0.69 per share, unchanged from the previous year, with a 5.19% increase in the Zacks Consensus Estimate over the last 30 days [6] - There have been two upward revisions with no negative changes in estimates for the current quarter [6] Current-Year Estimates - The full-year earnings estimate stands at $2.92 per share, reflecting a 6.57% increase from the previous year [7] - Over the past month, two estimates have been revised upward, contributing to a 5.92% increase in the consensus estimate [8] Zacks Rank - Cadence has achieved a Zacks Rank 1 (Strong Buy) due to favorable estimate revisions, which historically correlate with significant outperformance compared to the S&P 500 [9] Stock Performance - The stock has gained 13.2% over the past four weeks, driven by solid estimate revisions and positive earnings growth prospects [10]

Core Viewpoint - Kyndryl Holdings, Inc. has received an upgrade to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Revisions - The Zacks Consensus Estimate for Kyndryl Holdings is projected at $2.18 per share for the fiscal year ending March 2026, showing no year-over-year change [9]. - Over the past three months, analysts have raised their earnings estimates for Kyndryl Holdings by 12.3% [9]. Zacks Rating System - The Zacks rating system is based on changes in earnings estimates, providing a more objective measure compared to traditional Wall Street ratings, which can be influenced by subjective factors [2][3]. - The system classifies stocks into five groups, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [8]. - Kyndryl Holdings' upgrade to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [11].

Core Viewpoint - State Street Corporation (STT) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system emphasizes the correlation between changes in earnings estimates and stock price movements, making it a valuable tool for investors [2][4]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in buying or selling pressure that affects stock prices [4]. Company Performance and Outlook - The recent upgrade for State Street reflects an improvement in its underlying business, suggesting that investors may respond positively by driving the stock price higher [5]. - Analysts have raised their earnings estimates for State Street, with the Zacks Consensus Estimate increasing by 2.7% over the past three months [8]. Zacks Rank System - The Zacks Rank system categorizes stocks based on earnings estimate revisions, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - State Street's upgrade to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, indicating strong potential for market-beating returns in the near term [10].

Core Viewpoint - New Found Gold Corp. (NFGC) has received a Zacks Rank 2 (Buy) upgrade due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in earnings estimates, which are closely correlated with stock price movements, particularly influenced by institutional investors [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations for stocks, prompting institutional investors to buy or sell accordingly, thus affecting stock prices [4]. Company Performance and Outlook - The recent upgrade for New Found Gold Corp. indicates an improvement in the company's underlying business, suggesting that investors may respond positively by driving the stock price higher [5]. - For the fiscal year ending December 2025, New Found Gold Corp. is expected to earn -$0.13 per share, which remains unchanged from the previous year, but the Zacks Consensus Estimate has increased by 43.5% over the past three months [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have generated an average annual return of +25% since 1988 [7]. - The upgrade to Zacks Rank 2 places New Found Gold Corp. in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10].