Core Viewpoint - Northrop Grumman (NOC) is expected to report a year-over-year increase in earnings despite lower revenues, with the actual results being crucial for stock price movement [1][2]. Earnings Expectations - The consensus estimate for Northrop Grumman's quarterly earnings is $6.70 per share, reflecting a year-over-year increase of +5.4% [3]. - Revenues are projected to be $10.11 billion, which is a decrease of 1.1% compared to the same quarter last year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 0.56%, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for Northrop Grumman is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +3.10% [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [10]. - Northrop Grumman currently holds a Zacks Rank of 4, which complicates the prediction of an earnings beat despite the positive Earnings ESP [12]. Historical Performance - In the last reported quarter, Northrop Grumman was expected to post earnings of $6.21 per share but delivered $6.06, resulting in a surprise of -2.42% [13]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [14]. Conclusion - While Northrop Grumman may not be a compelling earnings-beat candidate, investors should consider other factors when making investment decisions ahead of the earnings release [17].

Core Viewpoint - Huntington Bancshares Incorporated (HBAN) is expected to report an increase in quarterly revenues and earnings year over year for the second quarter of 2025, with earnings anticipated to be stable compared to the previous quarter [1][3]. Financial Performance - The bank recorded an earnings surprise of 9.7% in the last reported quarter, driven by improvements in fee income and net interest income (NII), although non-interest expenses increased [1][2]. - Preliminary results indicate earnings of 34 cents per share, reflecting a 13.3% rise from the year-ago figure, despite a 2.9% decline in the Zacks Consensus Estimate over the past week [3][10]. - Revenues for the quarter are projected to be $1.95 billion, slightly below the consensus estimate of $1.99 billion, but still representing a year-over-year increase of 9.6% [4][10]. Key Factors Influencing Performance - NII is expected to grow to $1.5 billion, a 3% increase from the prior quarter, supported by steady loan demand and interest rates remaining unchanged by the Federal Reserve [5][10]. - The average total earnings assets are estimated to rise by 1.5% to $191.1 billion, reflecting strong demand for commercial and industrial loans [6]. - Mortgage banking income is projected to increase by 9.5% to $34 million, aided by stable refinancing activities despite fluctuating mortgage rates [7][8]. Non-Interest Income and Expenses - Total non-interest income is expected to decline by 5.4% to $520.6 million, influenced by rising expenses and credit loss reserves [10][12]. - Higher expenses are anticipated due to increased costs from data processing, marketing, and expansion efforts in commercial banking [13][14]. Asset Quality - The bank has increased its allowance for credit losses by $37 million to $2.5 billion, reflecting concerns over potential delinquent loans amid economic uncertainties [14]. - The Zacks Consensus Estimate for total non-accrual loans indicates a 3.5% increase from the prior quarter, suggesting a cautious approach to asset quality [15]. Earnings Expectations - The chances of HBAN beating earnings estimates are considered low due to a negative Earnings ESP of -2.42% [16]. - The company currently holds a Zacks Rank of 2 (Buy), indicating a favorable outlook compared to other stocks [17].

Core Viewpoint - Associated Banc-Corp (ASB) is positioned well to continue its trend of beating earnings estimates, with a solid history of performance in recent quarters [1][5]. Earnings Performance - For the last reported quarter, Associated Banc-Corp achieved earnings of $0.59 per share, surpassing the Zacks Consensus Estimate of $0.57 per share, resulting in a surprise of 3.51% [2]. - In the previous quarter, the company was expected to post earnings of $0.55 per share but delivered $0.57 per share, yielding a surprise of 3.64% [2]. Earnings Estimates and Predictions - Estimates for Associated Banc-Corp have been trending higher, supported by its history of earnings surprises [5]. - The company currently has an Earnings ESP (Expected Surprise Prediction) of +0.81%, indicating a bullish outlook from analysts regarding its earnings prospects [8]. - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) suggests a strong possibility of another earnings beat in the upcoming report [8]. Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6]. - The Earnings ESP metric compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7].

Core Insights - Goldman Sachs is set to release its Q2 2025 earnings on July 16, with expectations of solid revenue growth driven by its Global Banking & Markets division, despite concerns over declining investment banking business and rising expenses [1][4]. Revenue and Earnings Estimates - The Zacks Consensus Estimate for Q2 2025 revenues is $13.50 billion, indicating a 6.1% increase from the previous year [4]. - The consensus estimate for quarterly earnings has been revised upward to $9.43 per share, suggesting a 9.4% increase year-over-year [4][7]. Market Factors Influencing Results - Market-making revenues are expected to rise due to solid client activities and market volatility, particularly in equity markets and other asset classes [6][7]. - Impressive mergers and acquisitions activity is likely to boost investment banking revenues, with estimates pegged at $1.99 billion, reflecting a 14.8% increase from the prior year [8][10]. Net Interest Income (NII) - NII is projected to reach $2.87 billion, a 28.3% rise from the year-ago quarter, supported by strong loan demand and stable interest rates [11][10]. Expense Trends - Increased expenses are anticipated due to investments in technology, market development, and higher transaction-based costs driven by elevated client activity [12]. Price Performance and Valuation - Goldman Sachs shares have outperformed industry peers, with a current forward P/E ratio of 14.74, slightly above the industry average of 14.66 [15][19]. - The company plans to increase its dividend by 33.3% to $4 per share following the Federal Reserve's stress test, reflecting a strong liquidity position [24]. Strategic Outlook - Goldman Sachs aims to enhance its investment banking and trading businesses, with plans to expand its private credit portfolio to $300 billion over the next five years [23]. - The company has a solid track record of dividend growth, with an annualized growth rate of 22.04% over the past five years [24].

Core Viewpoint - Morgan Stanley is expected to announce its second-quarter 2025 earnings on July 16, with analysts and investors closely monitoring the performance amid the implications of Trump's tariff plans [1] Financial Performance - The first-quarter performance was strong, driven by solid investment banking and trading results, with second-quarter revenue estimates at $15.92 billion, reflecting a 6% year-over-year growth [2] - The consensus estimate for earnings in the upcoming quarter has been revised down by 1.5% to $1.93, indicating a 6% improvement from the previous year's quarter [2][4] Earnings Surprise History - Morgan Stanley has a strong history of earnings surprises, having exceeded the Zacks Consensus Estimate in the last four quarters with an average beat of 20.3% [4] Factors Impacting Q2 Earnings - Investment Banking (IB) income is projected to decline year-over-year despite a stronger IPO market, with advisory fees estimated at $538 million, down 9.1% from the previous year [6][8] - Trading revenues are expected to surge due to market volatility, with equity trading revenues estimated at $3.46 billion, a 14.8% increase year-over-year [7][13] - Net interest income is projected to grow by 9.8% year-over-year to $2.27 billion, supported by stable rates and solid loan growth [14][15] Underwriting Fees - The consensus estimate for total underwriting fees is $884 million, indicating a decline of 13.9% year-over-year, with fixed-income underwriting fees expected to fall by 17% [10][11] Cost Management - Total non-interest expenses are anticipated to rise by 6.6% year-over-year to $11.6 billion, as the company continues to invest in its franchises [16] Price Performance - In the second quarter, Morgan Stanley's stock performance was strong, outperforming the Zacks Investment Bank industry and the S&P 500 Index, although it lagged behind Goldman Sachs [20]

The market expects Crown Holdings (CCK) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for W.R. Berkley despite higher revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - W.R. Berkley is expected to report quarterly earnings of $1.03 per share, reflecting a -1% change year-over-year, while revenues are projected at $3.58 billion, a 6% increase from the previous year [3]. - The consensus EPS estimate has been revised down by 0.47% over the last 30 days, indicating a bearish sentiment among analysts [4]. Earnings Surprise Prediction - The Most Accurate Estimate for W.R. Berkley is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.46%, complicating predictions for an earnings beat [12]. - The stock holds a Zacks Rank of 3, which does not strongly support a positive earnings surprise prediction [12]. Historical Performance - In the last reported quarter, W.R. Berkley met the expected earnings of $1.01 per share, showing no surprise [13]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [14]. Industry Comparison - Selective Insurance, another player in the insurance sector, is expected to post earnings of $1.55 per share, indicating a significant year-over-year change of +240.9%, with revenues projected at $1.31 billion, up 9.7% [19]. - Despite a higher Most Accurate Estimate leading to an Earnings ESP of +1.94%, Selective Insurance has a Zacks Rank of 4, making it difficult to predict an earnings beat [20].

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Domino's Pizza despite higher revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Domino's Pizza is expected to report quarterly earnings of $3.93 per share, reflecting a -2.5% change year-over-year, while revenues are projected at $1.14 billion, an increase of 3.9% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised 0.23% higher in the last 30 days, indicating a slight positive reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Domino's is lower than the consensus estimate, resulting in an Earnings ESP of -0.27%, suggesting a bearish outlook from analysts [12]. Historical Performance - In the last reported quarter, Domino's exceeded expectations with earnings of $4.33 per share against an anticipated $4.12, achieving a surprise of +5.10% [13]. Over the last four quarters, the company has beaten consensus EPS estimates three times [14]. Investment Considerations - Despite the potential for an earnings beat, other factors may influence stock performance, making it essential to consider the Earnings ESP and Zacks Rank before the earnings release [15][16].

Core Viewpoint - The market anticipates Medpace (MEDP) will report a year-over-year increase in earnings driven by higher revenues in its upcoming earnings report for the quarter ended June 2025 [1][3]. Earnings Expectations - The consensus EPS estimate for Medpace is $3.00 per share, reflecting a year-over-year increase of +9.1% [3]. - Expected revenues for the quarter are $541.19 million, which is a 2.5% increase from the same quarter last year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 0.81%, indicating a reassessment by analysts regarding the company's earnings prospects [4]. - The Most Accurate Estimate for Medpace is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.91%, suggesting a bearish outlook from analysts [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the likelihood of actual earnings deviating from consensus estimates, with positive readings being more reliable [9][10]. - Medpace currently holds a Zacks Rank of 3, which complicates the prediction of an earnings beat given the negative Earnings ESP [12]. Historical Performance - In the last reported quarter, Medpace exceeded the expected earnings of $3.06 per share by delivering $3.67, resulting in a surprise of +19.93% [13]. - The company has successfully beaten consensus EPS estimates in the last four quarters [14]. Conclusion - While Medpace does not appear to be a strong candidate for an earnings beat based on current estimates, investors should consider other factors before making investment decisions [17].

Core Insights - PepsiCo, Inc. is anticipated to report declines in both revenue and earnings for the second quarter of 2025, with revenues expected at $22.4 billion, reflecting a 0.5% year-over-year decrease, and earnings per share (EPS) projected at $2.04, indicating a 10.5% decline from the previous year [1][2][10] Financial Performance - The Zacks Consensus Estimate for second-quarter revenues is $22.4 billion, down 0.5% from the same quarter last year [2] - The consensus estimate for quarterly earnings is $2.04, suggesting a 10.5% decline from the $2.28 reported in the prior-year quarter [2] - The company experienced a negative earnings surprise of 1.3% in the last reported quarter, with an average earnings surprise of 1.4% over the trailing four quarters [2] Operational Challenges - PepsiCo is facing multiple headwinds, particularly in its North America operations, which have been struggling since early 2024 due to underwhelming results in the PepsiCo Foods North America (PFNA) segment and a decline in Asia Pacific Foods [5][10] - The weakness in the PFNA segment is largely attributed to reduced demand for Frito-Lay products as consumers become more inflation-conscious and cut back on discretionary spending [6][7] - Consumer sentiment remains cautious, with inflationary pressures leading to more value-driven purchasing behavior, particularly in North America [7] Cost Environment - The company is contending with a challenging cost environment in 2025, driven by rising supply-chain expenses and increased tariffs on globally sourced inputs [8][9] - Incremental cost pressures related to sourcing key ingredients and materials are exacerbated by shifting international trade dynamics [8] - The combination of escalating global logistics costs and geopolitical uncertainty is disrupting pricing and procurement strategies, potentially eroding margins [9] Profitability Outlook - PepsiCo's second-quarter results are expected to reflect margin pressure due to the timing and phasing of productivity initiatives, with adjusted gross profit anticipated to decline by 0.8% year-over-year and adjusted operating income expected to fall by 9.6% [11][12] - Despite ongoing cost discipline, the company's core profitability appears temporarily constrained due to elevated supply-chain costs and tariff-related headwinds [11] Growth Drivers - PepsiCo benefits from a strong core product portfolio, diversified operations, modernized supply chain, and enhanced digital capabilities, with its international business contributing approximately 40% to total net revenues [13] - The International Beverages Franchise segment is projected to see a 2% year-over-year revenue improvement in the second quarter of 2025 [14] - The company aims to achieve productivity goals through savings from restructuring actions, which are expected to drive top-line growth and improve margins [14] Stock Performance and Valuation - PepsiCo shares have underperformed in the past three months, losing 7.3%, compared to a 5.2% decline in the broader industry and a 1.1% decline in the Consumer Staples sector [15] - The stock is currently trading at a forward P/E ratio of 16.83X, which is below the S&P 500's average of 22.64X and the broader industry's average of 18X [20] - The valuation on a forward 12-month P/E basis reflects a significant discount to the market, although this may indicate underlying issues rather than a clear investment opportunity [22] Investment Outlook - Despite consistent revenue growth and strong profitability driven by a diverse product portfolio, external risks such as inflationary pressures and operational challenges in North America warrant a cautious investment outlook [23][24] - The company’s strong international momentum, investments in digital transformation, and product innovation may serve as meaningful tailwinds [26] - A wait-and-watch approach may be prudent as investors assess how the company navigates current challenges and leverages growth drivers post-earnings [27]