Core Viewpoint - Cencora (COR) is expected to report strong first-quarter fiscal 2026 results, with positive revenue and earnings growth driven by pharmaceutical utilization trends and specialty-focused assets [1][3][7] Group 1: Financial Estimates - The Zacks Consensus Estimate for revenues is $85.97 billion, reflecting a 5.5% increase from the prior-year quarter [2] - The consensus estimate for earnings is $4.05 per share, indicating an 8.6% improvement from the previous year's figure [2] Group 2: Performance Drivers - Cencora's performance is anticipated to be supported by strong drug volumes and the U.S. Healthcare Solutions segment, which is expected to be the primary earnings driver [3][5][7] - The integration of Retina Consultants of America (RCA) is likely to contribute positively to sales and margins [3][4] Group 3: Segment Analysis - The U.S. Healthcare Solutions segment is projected to generate sales of $76.72 billion, benefiting from specialty distribution and MSO platforms [6][7] - The International Healthcare Solutions segment is expected to maintain growth, with sales estimated at $7.45 billion, supported by stable trends in Europe and World Courier momentum [6][8] Group 4: Margin and Growth Outlook - Margin performance is expected to remain favorable due to mix benefits from specialty distribution and MSO-related services, despite higher interest expenses from acquisition financing [4][5] - Specialty utilization, particularly in Part B drugs, is anticipated to support above-trend operating income growth [5]

Industry Overview - The Zacks Transportation sector is diverse, including airlines, railroads, package delivery companies, and truckers, with S&P 500 members expected to see a 7.2% year-over-year decline in fourth-quarter 2025 earnings, while revenues are estimated to increase by 1.9% [1] Earnings Expectations - Several companies in the sector, such as Canadian National Railway, Expeditors International of Washington, and GXO Logistics, are anticipated to report better-than-expected earnings despite challenges like weak freight demand, tariff-related uncertainty, inflation, and supply-chain disruptions [2] Positive Factors Influencing Performance - A decline in oil prices, which fell by 7% during the October-December period, is beneficial for the transportation sector as fuel is a major operating expense, supporting margin expansion [3] - Ongoing cost-control measures amid soft freight demand are expected to enhance profitability, while the strength of e-commerce continues to be a significant tailwind for the sector [4] - U.S. airlines are experiencing steady air travel demand, which is encouraging despite economic headwinds, with increased passenger volumes during the Thanksgiving holiday likely boosting top-line performance [4] Company-Specific Insights - Canadian National Railway has an Earnings ESP of +0.49% and is scheduled to report on January 30, with strong performance expected from its Grain & Fertilizers segment [9][10] - Expeditors International has an Earnings ESP of +0.34% and is set to report on February 24, with cost-cutting efforts likely mitigating the impact of weak volumes [11][12] - GXO Logistics holds an Earnings ESP of +0.67% and will report on February 10, with increased e-commerce and cost-cutting measures expected to positively influence results [13][14]

Key Takeaways CMG reports Q4 results Feb. 3, with EPS seen at 24 cents and revenues expected to rise 5% year over year.CMG saw menu LTOs, premium proteins and loyalty marketing lift transactions despite softer underlying traffic.CMG faced margin headwinds from higher beef, labor and marketing costs, while not fully offsetting inflation.Chipotle Mexican Grill, Inc. (CMG) is slated to release fourth-quarter 2025 results on Feb. 3, after the closing bell.In the last reported quarter, the company’s earnings bea ...

Core Viewpoint Align Technology, Inc. (ALGN) is expected to report its fourth-quarter 2025 results on February 4, with positive growth anticipated in both revenues and earnings per share (EPS) compared to the previous year. Group 1: Earnings and Revenue Estimates - The Zacks Consensus Estimate for fourth-quarter revenues is $1.03 billion, indicating a 3.9% growth from the previous year [2] - The Zacks Consensus Estimate for earnings is $2.99 per share, reflecting a 22.5% increase from the year-ago figures [2] - Earnings estimates have remained unchanged at $2.99 per share over the past 60 days [3] Group 2: Factors Influencing Q4 Performance - The Clear Aligner segment is expected to benefit from increased volumes, particularly in the EMEA, APAC, and Latin American regions, with growth driven by orthodontists and general dentist channels [4] - Strong contributions are anticipated from products like Invisalign First and DSP touch-up cases, along with the rollout of the Invisalign System with mandibular advancement in Thailand and the Philippines [5] - Recent innovations in treatment planning tools, such as the ClinCheck Live Plan, are expected to enhance operational efficiency and positively impact revenues [6] Group 3: Segment Performance - Clear Aligner revenues are projected to grow by 3.9% year-over-year [7] - The Imaging Systems & CAD/CAM Services segment is likely to see revenue growth from increased scanner services and iTero CAD/CAM sales, with strong performance in scanner leases [8][9] - Recent product innovations within the iTero Digital Solutions ecosystem are expected to resonate well with customers, further driving revenue growth [10] Group 4: Earnings ESP and Zacks Rank - Align Technology has an Earnings ESP of -1.62%, indicating a lower chance of beating estimates [12] - The company currently holds a Zacks Rank of 2 (Buy), suggesting a favorable outlook compared to other stocks [13]

Core Viewpoint - NOV Inc. is expected to report a decline in both earnings and revenues for the fourth quarter of 2025, with earnings estimated at 25 cents per share and revenues at $2.17 billion, reflecting a year-over-year decrease of 39.02% and 5.89% respectively [1][8]. Group 1: Q3 Performance and Earnings History - In the last reported quarter, NOV missed earnings expectations with adjusted earnings per share of 11 cents, falling short of the consensus estimate of 24 cents, while revenues of $2.2 billion were up 1.9% from the consensus mark [2]. - The company has a mixed earnings surprise history, beating estimates three times in the last four quarters but missing once, with an average negative surprise of 16.09% [2]. Group 2: Factors Influencing Q4 Performance - NOV's revenue from the Energy Products and Services segment is projected to decline by 6.7% to $970 million, influenced by a seasonal slowdown in North American short-cycle oil activity and ongoing market challenges [4][5]. - The company anticipates a 5% to 7% year-over-year decline in consolidated revenues due to softening global drilling activity and tariffs impacting margins [4]. Group 3: Cost Management and Shareholder Returns - Despite short-term challenges, NOV aims to return 50% of excess free cash flow to shareholders in 2025, and a decrease in costs may support its bottom line [6]. - The company expects reductions in costs of goods sold, selling, general and administrative expenses, and depreciation and amortization, which could positively impact earnings [6][8]. Group 4: Earnings ESP and Zacks Rank - The Zacks Consensus Estimate for NOV's earnings has remained unchanged over the past 30 days, indicating no revisions, and the Earnings ESP stands at 0.00%, suggesting uncertainty in predicting an earnings beat [3][9]. - NOV currently holds a Zacks Rank of 3, indicating a hold position [9].

Core Insights - Core Laboratories Inc. (CLB) is expected to report fourth-quarter 2025 results on February 4, with a consensus estimate of earnings at 20 cents per share and revenues at $132 million [1][7]. Q3 Earnings Highlights - In the last reported quarter, CLB's adjusted earnings were 22 cents per share, exceeding the consensus estimate by 3 cents, while operating revenues reached $134.5 million, surpassing the estimate of $128 million due to increased demand for laboratory analytical and completion diagnostic services internationally [2]. Earnings Surprise History - CLB has missed the Zacks Consensus Estimate in two of the last four quarters and beat it in the other two, resulting in an average surprise of 2.58% [3]. - The consensus estimate for fourth-quarter 2025 earnings has remained unchanged over the past 30 days, indicating a year-over-year decline of 9.09%, while revenue estimates show a 2.35% increase compared to the previous year [3]. Factors Influencing Q4 Performance - CLB's revenue is anticipated to improve due to strong performance in both the Reservoir Description and Production Enhancement segments [4]. - However, rising costs are expected to impact the bottom line, with total operating expenses projected at $117.7 million, a 2.3% increase from the previous quarter, and costs of services and product sales expected to reach $108.4 million, up 2% from last quarter [5]. Earnings Prediction Model - The Zacks model does not predict an earnings beat for CLB this quarter, as the Earnings ESP is 0.00% and the company holds a Zacks Rank of 3 (Hold) [6][8].

Core Viewpoint - Marathon Petroleum Corporation (MPC) is expected to report fourth-quarter 2025 earnings on February 3, 2026, with a consensus estimate of $2.71 per share and revenues of $29.6 billion [1][10]. Group 1: Recent Performance - In the third quarter, MPC's adjusted earnings were $3.01 per share, missing the Zacks Consensus Estimate of $3.11 due to a $56 million charge from performance-based stock compensation [2]. - Revenues for the third quarter were $35.8 billion, exceeding the Zacks Consensus Estimate of $30.8 billion and reflecting a 1.3% year-over-year increase [2]. Group 2: Earnings Surprise History - MPC has beaten the consensus estimate in three of the last four quarters, with an average surprise of 316.3% [3]. Group 3: Estimate Revisions - The Zacks Consensus Estimate for the fourth-quarter earnings has been revised downward by 31% in the past 60 days, indicating a projected 252% year-over-year increase, while the revenue estimate suggests an 11.5% decrease from the previous year [4]. Group 4: Business Segments - MPC operates primarily through two segments: Refining & Marketing, which refines crude oil and distributes refined products, and Midstream, which transports and markets crude oil and refined products [5]. Group 5: Factors Affecting Q4 Performance - Weaker margin capture, which fell to 96% in Q3 due to various market pressures, may negatively impact earnings in the upcoming quarter [6]. - Higher costs and lower utilization guidance, with expected utilization dropping to about 90% and turnaround expenses projected at $420 million, are likely to compress margins and cash flow [7]. - The renewable diesel segment continues to face challenges, including softer margins and ongoing start-up losses [8].

Core Viewpoint - Suncor Energy Inc. is expected to report its fourth-quarter 2025 earnings on February 3, 2026, with earnings estimated at 77 cents per share and revenues at $8.5 billion [1]. Group 1: Q3 Performance and Historical Context - In the third quarter, Suncor Energy's earnings per share were $1.07, surpassing the Zacks Consensus Estimate of 85 cents, driven by strong production growth in its upstream segment [2]. - The company's operating revenues for Q3 were $9.2 billion, exceeding the Zacks Consensus Estimate by 11.1% [2]. - Suncor has consistently beaten consensus estimates in the past four quarters, with an average surprise of 10.6% [3]. Group 2: Q4 Earnings Estimates and Trends - The Zacks Consensus Estimate for fourth-quarter earnings has been revised upward by 7% in the last 30 days, although it indicates a 13.5% year-over-year decrease [3]. - The revenue estimate for Q4 suggests a decline of 5.1% compared to the previous year [3]. Group 3: Operational Insights - Suncor operates in three main segments: Oil Sands, Exploration and Production, and Refining and Marketing, which collectively contribute to its crude oil and natural gas production and product sales [4]. - The company reported record operational performance in 2025, achieving its Investor Day performance targets a year ahead of schedule, which positions it favorably for the upcoming quarter [5]. Group 4: External Factors and Challenges - Despite strong operational execution, Suncor's near-term performance may be affected by external pressures such as weaker crude prices and currency headwinds from a stronger Canadian dollar, which could compress realized pricing and margins [6]. - The Zacks model indicates that Suncor does not conclusively predict an earnings beat this time, with an Earnings ESP of -4.78% [7][8].

Core Insights - Weyerhaeuser Company (WY) is expected to report fourth-quarter 2025 results on January 29, reflecting ongoing challenges in the housing and wood products market [1] - The company has consistently beaten earnings estimates in three of the last four quarters, with an average surprise of 65.7% [2] Earnings Estimates - The Zacks Consensus Estimate for the upcoming quarter's loss per share has widened to 13 cents from 12 cents, compared to an earnings per share (EPS) of 11 cents in the same quarter last year [3] - The consensus for net sales is projected at $1.58 billion, indicating a 7.2% year-over-year decline [3] Factors Influencing Q4 Results - Revenues are likely pressured by seasonally softer housing and repair-and-remodel activity, impacting demand in the Wood Products segment, which accounted for approximately 71.5% of third-quarter 2025 net sales [4] - Lumber and oriented strand board (OSB) pricing remained near historically low levels, with a 10% sequential decline in lumber output expected due to weaker market conditions [4] - The Timberlands segment's revenue trends are mixed, with domestic log demand softening in the Western region but stable demand in the U.S. South [6] Segment Performance - Wood Products segment net sales are expected to decline 9.7% year-over-year to $1.14 billion, with adjusted EBITDA projected to drop 96.2% to $6.1 million [5] - Timberlands segment net sales are anticipated to grow 2.9% to $511.4 million, while adjusted EBITDA is expected to decline 6.2% to $118.2 million [7] - The Real Estate, Energy and Natural Resources segment's net sales are projected to be $81.8 million, down 4.9% year-over-year, with adjusted EBITDA expected to increase 1.7% to $77.3 million [10] Margin Performance - Overall margin performance in Q4 is expected to remain under pressure, particularly in Wood Products, due to weak lumber and OSB pricing and lower operating rates [11] - Cost offsets, including a decline in log and fiber costs, are expected to cushion earnings volatility [12] Earnings Prediction Model - The model does not predict an earnings beat for Weyerhaeuser this time, with an Earnings ESP of -27.28% and a Zacks Rank of 3 [13]

Core Insights - Invesco Mortgage Capital Inc. (IVR) is set to report its fourth-quarter 2025 results on January 29, 2026, with expectations of year-over-year growth in earnings available for distribution per common share [1][10] Group 1: Earnings Performance - In the last reported quarter, IVR posted earnings available for distribution per common share of 58 cents, with an average negative earnings surprise of 0.61% over the past four quarters [2][6] - The Zacks Consensus Estimate for fourth-quarter earnings remains unchanged at 58 cents, indicating a 9.4% increase from the same quarter last year [6] Group 2: Market Conditions - The mREIT sector experienced favorable conditions in the fourth quarter due to lower volatility in fixed-income markets, which likely tightened mortgage spreads and improved IVR's book value per share [4][10] - The Federal Reserve's two interest rate cuts in the fourth quarter led to a significant drop in mortgage rates, with the 30-year fixed mortgage rate falling below 6%, potentially increasing mortgage demand and refinancing activities [5][10] Group 3: Operational Impacts - The decline in mortgage rates is expected to have resulted in a rise in refinancing and origination volumes, which may have increased the mortgage servicing rights amortization for IVR [5][10]