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RenaissanceRe Q1 Earnings Miss on High Expenses & California Wildfires
ZACKS· 2025-04-30 18:10
Shares of RenaissanceRe Holdings Ltd. (RNR) have risen 0.9% since it reported first-quarter 2025 results on April 23. The quarterly revenues were aided by strong premium growth in the property segment. Higher net investment income also benefited the quarterly performance. However, the upside was offset by an elevated expense level due to the California Wildfires.RenaissanceRe reported a first-quarter 2025 operating loss of $1.49 per share, which missed the Zacks Consensus Estimate by 365.6%. Additionally, t ...
Eli Lilly Stock Has The Technicals: Will Q1 Earnings Deliver Fundamentals?
Benzinga· 2025-04-30 18:06
Eli Lilly And Co LLY will be reporting its first-quarter earnings on Thursday. Wall Street expects $3.05 in EPS and $12.67 billion in revenues as the company reports before market hours.The stock is up 14.35% over the past year, 14.79% YTD.Let’s examine the charts for Eli Lilly stock and how it currently compares to Wall Street estimates.Read Also: $1000 Invested In This Stock 20 Years Ago Would Be Worth This Much TodayLLY Stock Chart Strongly Bullish Ahead Of Q1 EarningsChart created using Benzinga ProEli ...
NMI Holdings Q1 Earnings & Revenues Top Estimates, Premiums Rise Y/Y
ZACKS· 2025-04-30 17:50
NMI Holdings (NMIH) reported first-quarter 2025 operating net income per share of $1.28, which beat the Zacks Consensus Estimate by 16.4%. The bottom line increased 18.5% year over year. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)The quarterly results reflected higher premiums driven by a high-quality insured portfolio and net investment income but lower persistency.Operational UpdateNMI Holdings’ total operating revenues of $173.3 million increased 10.9% year over year on high ...
Werner Falls Short of Q1 Earnings and Revenue Expectations
ZACKS· 2025-04-30 17:05
Core Insights - Werner Enterprises, Inc. (WERN) reported disappointing first-quarter 2025 results, with a loss per share of 12 cents, contrasting with the Zacks Consensus Estimate of earnings of 12 cents per share, marking a decline of over 100% year-over-year [1][2] Financial Performance - Total revenues for the quarter were $712.11 million, falling short of the Zacks Consensus Estimate of $746.8 million and decreasing by 7% year-over-year, primarily due to a $49.3 million (9%) drop in Truckload Transportation Services (TTS) revenues and a $6.9 million (3%) decline in Logistics revenues [2] - The company reported an adjusted operating loss of $1.80 million compared to an operating income of $18.59 million in the same quarter last year, with an adjusted operating margin of (0.3)%, down 270 basis points from 2.4% [2] Segment Analysis - In the TTS segment, revenues decreased by 9% year-over-year to $501.87 million, attributed to lower fuel surcharge revenues. Adjusted operating income fell 91% year-over-year to $1.96 million, impacted by an $8 million increase in insurance and claims expenses, a smaller fleet size, and elevated technology spending [4] - Logistics revenues totaled $195.55 million, down 3% year-over-year, but adjusted operating income improved to $674 million from an operating loss of $1.18 billion in the previous year, with an adjusted operating margin increase of 90 basis points to 0.3% [5] Management Commentary - The CEO, Derek Leathers, indicated that the first-quarter results were below expectations due to high insurance costs, extreme weather, a smaller fleet, and changes in customer activity due to tariff-induced uncertainty. However, there is optimism in the Dedicated segment with new fleet contracts expected to be implemented [3] - The company is focusing on aggressive restructuring efforts to reduce costs and leverage operational synergies from technology investments, aiming to drive growth in core business and improve margins [3] Liquidity and Capital Expenditure - As of March 31, 2025, Werner had cash and cash equivalents of $51.95 million, up from $40.75 million at the end of the previous quarter. Long-term debt stood at $640 million, slightly up from $630 million [6] - The company generated $29.37 million in cash from operations in the first quarter, with net capital expenditure amounting to $7.56 million [6] Future Outlook - For 2025, Werner anticipates TTS truck growth to improve in the range of 1-5%, with net capital expenditure estimated between $185 million and $235 million. The company projects dedicated revenues per truck per week to rise from breakeven to 3% in 2024 [8]
Illinois Tool Works Tops Q1 Earnings Estimates, Reaffirms '25 View
ZACKS· 2025-04-30 17:05
Illinois Tool Works Inc. (ITW) reported first-quarter 2025 adjusted earnings of $2.38 per share, which surpassed the Zacks Consensus Estimate of $2.34. However, earnings decreased 2.5% year over year.Illinois Tool’s revenues of $3,839 million narrowly missed the consensus estimate of $3,842 million. The top line declined 3.4% year over year due to an unfavorable foreign currency translation of 1.8%. Also, organic sales decreased 1.6%. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) ...
Is Grab Stock a Buy Now?
The Motley Fool· 2025-04-30 16:35
In this video, I will go over Grab's (GRAB 2.30%) first-quarter earnings report. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of April 29, 2025. The video was published on April 30, 2025. ...
Here's What Key Metrics Tell Us About Berry Global (BERY) Q2 Earnings
ZACKS· 2025-04-30 16:30
Core Insights - Berry Global reported revenue of $2.52 billion for the quarter ended March 2025, reflecting an 18.1% decrease year-over-year, but exceeded the Zacks Consensus Estimate by 2.69% [1] - Earnings per share (EPS) for the quarter was $1.55, down from $1.95 in the same quarter last year, and surpassed the consensus EPS estimate of $1.52 by 1.97% [1] Financial Performance Metrics - Net Sales in Consumer Packaging - International reached $970 million, exceeding the average estimate of $929.31 million, with a year-over-year change of +0.2% [4] - Net Sales in Flexibles amounted to $761 million, surpassing the average estimate of $749.68 million, showing a year-over-year increase of +7% [4] - Net Sales in Consumer Packaging - North America was $789 million, above the average estimate of $775.18 million, reflecting a +5.1% year-over-year change [4] - Operating EBITDA for Consumer Packaging - International was $168 million, compared to the average estimate of $160.91 million [4] - Operating EBITDA for Flexibles reached $126 million, slightly above the average estimate of $124.93 million [4] - Operating EBITDA for Consumer Packaging - North America was $142 million, below the average estimate of $150.66 million [4] Stock Performance - Berry Global's shares have returned -4.2% over the past month, while the Zacks S&P 500 composite experienced a -0.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]
SNAP's Q1 Earnings Match Expectations, Revenues Increase Y/Y
ZACKS· 2025-04-30 16:15
Core Insights - Snap (SNAP) reported first-quarter 2025 earnings of 4 cents per share, matching the Zacks Consensus Estimate, and reflecting a 33.33% increase from the previous year [1] - Revenues rose 14.1% year over year to $1.36 billion, surpassing the Zacks Consensus Estimate by 1.15% [1] Revenue Breakdown - North America contributed 61% of total revenues, with an 11.9% year-over-year increase to $831.7 million [2] - European revenues, accounting for 16.4% of total revenues, increased by 14.4% to $224.02 million [2] - Revenues from the Rest of the World (ROW) reached $307.5 million, up 20.2% year over year [2] User Engagement - Snap's global daily active users (DAU) reached 460 million, marking a 9% year-over-year increase [4] - North America's DAU was 99 million, down 1% year over year, while Europe's DAU also stood at 99 million, up 3.1% [5] - ROW's DAU increased significantly by 15.9% to 262 million [5] - The total monthly active users surpassed 900 million in the first quarter [5] Advertising Performance - The number of advertisers with strong signal setups increased by 29% for large advertisers and 48% for mid-sized advertisers [6] - Over 60% of all direct response (DR) ad revenues have completed Conversions API (CAPI) integrations [6] Operating Expenses - Adjusted cost of revenues rose 11.7% year over year to $636.6 million [7] - Adjusted operating expenses were $618.2 million, up 6.7% year over year, with sales and marketing expenses decreasing by 1.3% to $195.8 million [7] - General and administrative expenses increased by 8.2% to $190 million, while research and development expenses rose 13.2% to $232.4 million [7] Financial Metrics - Adjusted EBITDA was $108.4 million, reflecting a 137.5% increase from the previous year [8] - As of March 31, 2025, cash and cash equivalents and marketable securities totaled $3.2 billion, down from $3.37 billion at the end of 2024 [9] - Operating cash flow was $152 million compared to $88 million in the prior year, and free cash flow was $114 million, up from $38 million [9] Guidance - For the second quarter of 2025, Snap expects infrastructure costs per DAU to be between 82 cents and 87 cents [11] - Adjusted operating expenses are projected to be between $2.65 billion and $2.7 billion [11]
SIMO Q1 Earnings Surpass Estimates, Revenues Decline Y/Y
ZACKS· 2025-04-30 15:55
Silicon Motion Technology Corporation (SIMO) reported healthy first-quarter 2025 results, with both the adjusted earnings and revenues beating the Zacks Consensus Estimate.The leading developer of microcontroller integrated circuits for NAND flash storage devices witnessed revenue contraction year over year, driven by weak demand trends in multiple markets. However, management remains focused on delivering strong, sustainable long-term growth by broadening the product portfolio, expanding into new markets a ...
Compared to Estimates, Wingstop (WING) Q1 Earnings: A Look at Key Metrics
ZACKS· 2025-04-30 15:30
Wingstop (WING) reported $171.09 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 17.4%. EPS of $0.99 for the same period compares to $0.98 a year ago.The reported revenue represents a surprise of +0.37% over the Zacks Consensus Estimate of $170.46 million. With the consensus EPS estimate being $0.84, the EPS surprise was +17.86%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stree ...