Core Insights - Analysts forecast Illumina (ILMN) to report quarterly earnings of $0.96 per share, reflecting a year-over-year increase of 966.7% [1] - Expected revenues are projected at $1.04 billion, indicating a decline of 3.5% compared to the same quarter last year [1] Earnings Estimates - The consensus EPS estimate has been revised downward by 0.6% in the past 30 days [2] - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock [3] Revenue Breakdown - Analysts expect 'Revenue- Product revenue- Consumable' to be $763.09 million, showing a year-over-year change of +0.1% [5] - The estimate for 'Revenue- Service and other revenue' is $170.12 million, suggesting a decline of 14.9% year over year [5] - 'Revenue- Product revenue' is predicted to reach $872.04 million, indicating a decrease of 0.5% [5] Core Revenue Metrics - 'Revenues- Core Illumina- Service and other revenue' is expected to be $175.08 million, reflecting a year-over-year increase of 1.2% [6] - 'Revenues- Core Illumina- Total product revenue' is projected at $869.69 million, suggesting a decline of 1.5% year over year [6] Instrument and Consumable Revenue - 'Revenue- Product revenue- Instruments' is likely to be $108.95 million, indicating a change of -4.4% from the prior-year quarter [7] - 'Revenues- Core Illumina- Consumables' is expected to reach $748.87 million, reflecting a decrease of 2.6% [7] Sequencing Revenue Estimates - 'Revenue- Sequencing- Instruments' is projected at $108.51 million, indicating a change of -1.4% from the year-ago quarter [8] - 'Revenue- Sequencing- Consumables' is expected to be $679.85 million, suggesting a decline of 2.6% year over year [8] Microarrays Revenue Forecast - 'Revenue- Microarrays- Instruments' is estimated to reach $3.61 million, indicating a change of -9.9% from the prior-year quarter [9] - 'Revenue- Microarrays- Consumables' is projected at $74.59 million, reflecting a year-over-year change of +5.1% [9] - Overall, 'Revenue- Core Illumina' is expected to be $1.03 billion, indicating a decline of 2.1% year over year [9] Stock Performance - Illumina shares have returned +5% over the past month, outperforming the Zacks S&P 500 composite's +0.4% change [9] - With a Zacks Rank 3 (Hold), ILMN is expected to mirror the overall market performance in the near future [10]

Core Insights - Analysts project Kenvue (KVUE) will report quarterly earnings of $0.22 per share, a decline of 21.4% year over year, with revenues expected to reach $3.68 billion, down 5.5% from the same quarter last year [1] Earnings Estimates - Over the last 30 days, there has been a downward revision of 0.1% in the consensus EPS estimate for the quarter, indicating a collective reconsideration by covering analysts [2] - Revisions to earnings estimates are significant indicators for predicting potential investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3] Key Metrics Projections - Analysts estimate 'Net Sales- Self Care' at $1.61 billion, reflecting a change of -5.1% from the year-ago quarter [5] - 'Net Sales- Essential Health' is projected to be $1.07 billion, indicating a year-over-year change of -6.2% [5] - 'Net Sales- Skin Health and Beauty' is expected to reach $980.93 million, showing a change of -6.9% from the prior-year quarter [5] Adjusted Operating Income Estimates - 'Adjusted Operating Income- Self Care' is forecasted to be $557.79 million, down from $606 million in the same quarter last year [6] - 'Adjusted Operating Income- Essential Health' is expected to be $89.22 million, a significant decrease from $256 million reported in the same quarter of the previous year [6] - 'Adjusted Operating Income- Skin Health and Beauty' is anticipated to come in at $121.28 million, compared to $149 million in the same quarter last year [7] Stock Performance - Kenvue shares have shown a return of +7.4% over the past month, outperforming the Zacks S&P 500 composite's +0.4% change, with a Zacks Rank 3 (Hold) indicating expected performance in line with the overall market [7]

Core Viewpoint - Analysts project that Microchip Technology (MCHP) will report quarterly earnings of $0.10 per share, reflecting an 82.5% decline year over year, with revenues expected to reach $961.07 million, down 27.5% from the same quarter last year [1]. Group 1: Earnings Estimates - The consensus EPS estimate for the quarter has been revised downward by 2.3% over the past 30 days, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting potential investor reactions, as empirical studies show a strong relationship between earnings estimate revisions and short-term stock price performance [3]. Group 2: Key Metrics Projections - Analysts estimate 'Net Sales- Mixed-signal Microcontrollers' will reach $500.65 million, indicating a year-over-year decline of 28% [5]. - 'Net Sales- Other' is expected to be $210.26 million, reflecting a 30.2% decrease from the year-ago quarter [5]. - The average prediction for 'Net Sales- Analog' is $250.64 million, showing a 23.9% decline from the previous year [5]. Group 3: Stock Performance - Microchip Tech shares have returned +32.3% over the past month, significantly outperforming the Zacks S&P 500 composite, which saw a +0.4% change [6]. - With a Zacks Rank 3 (Hold), MCHP is anticipated to mirror overall market performance in the near future [6].

Core Viewpoint - Legend Biotech Corporation (LEGN) shows significant upside potential with a mean price target of $79.86, indicating a 135.2% increase from its current price of $33.96 [1] Price Targets - The average of 19 short-term price targets ranges from a low of $55 to a high of $95, with a standard deviation of $11.93, suggesting a variability in estimates [2] - The lowest estimate indicates a 62% increase, while the most optimistic estimate points to a 179.7% upside [2] Analyst Consensus - Analysts have shown strong agreement in revising earnings estimates higher, which is a positive indicator for potential stock upside [4][11] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 15.5%, with three estimates moving higher and no negative revisions [12] Zacks Rank - LEGN holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13]

Shares of Lam Research (LRCX) have gained 10% over the past four weeks to close the last trading session at $71.73, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $90.93 indicates a potential upside of 26.8%.The mean estimate comprises 27 short-term price targets with a standard deviation of $12.03. While the lowest estimate of $70 indicates a 2.4% decline from the current pric ...

Core Viewpoint - Analysts forecast Occidental Petroleum (OXY) will report quarterly earnings of $0.73 per share, reflecting a year-over-year increase of 12.3%, with anticipated revenues of $7.15 billion, an increase of 18.9% compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised 29.6% lower over the last 30 days, indicating a collective reevaluation by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong relationship between earnings estimate revisions and short-term stock performance [3]. Revenue Forecasts - Analysts estimate 'Net sales - Oil and gas' at $5.71 billion, a year-over-year change of +16.3% [5]. - 'Net sales - Chemical' is forecasted to reach $1.24 billion, indicating a +4.5% change year-over-year [5]. - 'Net sales - Midstream & marketing' is expected to be $429.84 million, suggesting a significant change of +334.2% year-over-year [5]. Income and Revenue Breakdown - 'Interest, dividends and other income' is estimated at $38.00 million, reflecting a +5.6% change from the prior year [6]. - 'Revenue - Oil - United States' is projected to reach $3.92 billion, indicating a +17.1% year-over-year change [6]. - 'Revenue - NGL - United States' is expected to be $545.18 million, a +31.1% change from the previous year [7]. - 'Revenue - GAS - United States' is forecasted at $376.86 million, reflecting a substantial +101.5% year-over-year change [7]. - The average prediction for 'Revenue - Oil & Gas - United States' stands at $4.84 billion, indicating a +22.4% change from the prior year [7]. Production Estimates - Analysts project 'Worldwide Sales - Total Continuing Operations Production Per Day' to reach 1,395.28 million barrels of oil equivalent, compared to 1,172 million barrels of oil equivalent a year ago [8]. - 'Net Production Volumes Per Day By Commodity - Natural Gas - Total Worldwide' is expected to be 2,237.96 million cubic feet, up from 1,796 million cubic feet in the same quarter last year [9]. - 'Net Production Volumes Per Day By Commodity - Oil - Total Worldwide' is estimated at 706.54 million barrels of oil, compared to 593 million barrels in the same quarter of the previous year [10]. - The 'Average Realized Prices - NGLs - Total Worldwide' is projected to reach $24.09 per barrel of oil equivalent, up from $22.14 per barrel a year ago [10].

Core Viewpoint - Wall Street analysts expect AppLovin (APP) to report a significant increase in quarterly earnings and revenues, indicating strong growth potential for the company [1]. Earnings Estimates - Analysts forecast quarterly earnings of $1.45 per share, reflecting a year-over-year increase of 116.4% [1]. - Revenue is anticipated to reach $1.38 billion, showing a 30.2% increase compared to the same quarter last year [1]. - There has been a downward revision of 1.1% in the consensus EPS estimate over the last 30 days, indicating a reassessment by analysts [2]. Revenue Projections - Revenue from the Software Platform is projected to be $1.05 billion, representing a year-over-year increase of 54.3% [5]. - Revenue from Apps is expected to be $331.66 million, indicating a decline of 12.7% year-over-year [5]. - In-App Purchase revenue is estimated at $223.60 million, reflecting a decrease of 13.7% compared to the previous year [5]. - In-App Advertising revenue is projected to be $108.31 million, down 10.2% from the year-ago quarter [6]. Key Metrics - The Average Revenue Per Monthly Active Payer is estimated at $48.32, slightly up from $48 year-over-year [6]. - Segment Adjusted EBITDA for Apps is projected to be $47.20 million, down from $56.75 million in the previous year [6]. - Segment Adjusted EBITDA for the Software Platform is expected to reach $829.36 million, significantly up from $492.02 million year-over-year [7]. Stock Performance - Over the past month, AppLovin shares have increased by 6.7%, contrasting with a -0.5% change in the Zacks S&P 500 composite [7].

Core Viewpoint - Analysts forecast that Energy Transfer LP (ET) will report quarterly earnings of $0.33 per share, reflecting a year-over-year increase of 3.1%, with anticipated revenues of $23.37 billion, an increase of 8.1% compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised 0.8% higher over the last 30 days, indicating a collective reevaluation by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Key Metrics Projections - Analysts project 'Midstream - Gathered volumes' to reach 20,742.84 BBtu/D, up from 19,922 BBtu/D year-over-year [5]. - The estimate for 'Midstream - NGLs produced' is 1,074.53 million barrels of oil per day, compared to 890 million barrels of oil per day in the same quarter last year [5]. - 'Midstream - Equity NGLs' is expected to be 61.29 million barrels of oil per day, up from 52 million barrels of oil per day in the same quarter of the previous year [6]. - 'NGL and Refined Products Transportation and Services - NGL and refined products terminal volumes' are projected at 1,435.33 million barrels of oil per day, compared to 1,395 million barrels of oil per day in the same quarter last year [7]. - 'NGL and Refined Products Transportation and Services - NGL fractionation volumes' are expected to reach 1,138.21 million barrels of oil per day, up from 1,053 million barrels of oil per day year-over-year [8]. - 'NGL and Refined Products Transportation and Services - Refined products transportation volumes' are projected at 574.88 million barrels of oil per day, slightly up from 573 million barrels of oil per day in the same quarter last year [9]. - 'NGL and Refined Products Transportation and Services - NGL transportation volumes' are expected to be 2,256.76 million barrels of oil per day, down from 2,087 million barrels of oil per day year-over-year [10]. Adjusted EBITDA Estimates - 'Adjusted EBITDA- Intrastate transportation and storage' is forecasted to reach $317.34 million, compared to $438 million in the same quarter last year [10]. - 'Adjusted EBITDA- Interstate transportation and storage' is expected to be $510.83 million, up from $483 million in the same quarter last year [11]. - 'Adjusted EBITDA- Crude oil transportation and services' is projected at $780.04 million, down from $848 million in the same quarter last year [11]. - 'Adjusted EBITDA- NGL and refined products transportation and services' is expected to reach $1.06 billion, compared to $989 million year-over-year [12]. - 'Adjusted EBITDA- Midstream' is projected at $770.07 million, up from $696 million in the same quarter last year [13]. Stock Performance - Energy Transfer LP shares have decreased by 6.8% in the past month, contrasting with the Zacks S&P 500 composite's decline of 0.5% [13].

Core Insights - Uber Technologies (UBER) is expected to report quarterly earnings of $0.51 per share, reflecting a significant increase of 259.4% year-over-year, with revenues projected at $11.6 billion, marking a 14.5% increase compared to the previous year [1] Earnings Estimates - Over the past 30 days, the consensus EPS estimate has been revised downward by 1.4%, indicating a reassessment by analysts [1][2] Revenue Projections - The consensus estimate for 'Revenue- Mobility' is $6.55 billion, showing a year-over-year increase of 16.3% [4] - 'Revenue- Freight' is expected to reach $1.30 billion, reflecting a slight increase of 0.9% from the prior year [4] - 'Revenue- Delivery' is projected at $3.78 billion, indicating a 17.7% increase year-over-year [4] Geographic Revenue Estimates - 'Geographic Revenue- Latin America' is forecasted at $736.14 million, a 3.7% increase year-over-year [5] - 'Geographic Revenue- United States and Canada' is expected to be $6.18 billion, representing a 12.9% increase [5] - 'Geographic Revenue- Asia Pacific' is projected at $1.34 billion, indicating a 12.5% increase [5] - 'Geographic Revenue- Europe, Middle East and Africa' is estimated at $3.27 billion, reflecting an 18.6% increase year-over-year [6] Gross Bookings Estimates - Total 'Gross Bookings' are expected to reach $42.87 billion, up from $37.65 billion year-over-year [6] - 'Gross Bookings - Delivery' is projected at $20.28 billion, compared to $17.70 billion in the previous year [7] - 'Gross Bookings - Mobility' is estimated at $21.49 billion, up from $18.67 billion year-over-year [7] - 'Gross Bookings - Freight' is expected to be $1.30 billion, slightly up from $1.28 billion [8] Monthly Active Platform Consumers - Analysts predict that 'Monthly Active Platform Consumers (MAPCs)' will reach 168 million, an increase from 149 million year-over-year [8] Stock Performance - Uber shares have increased by 15.8% over the past month, contrasting with a -0.5% change in the Zacks S&P 500 composite [8]

Core Viewpoint - Analysts expect Johnson Controls (JCI) to report quarterly earnings of $0.77 per share, reflecting a year-over-year decline of 1.3%, with revenues projected at $5.64 billion, down 15.8% from the previous year [1] Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised downward by 1.2%, indicating a collective reassessment by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3] Key Metrics Forecast - Analysts predict 'Net Sales- Global Products' to be $1.25 billion, indicating a year-over-year decline of 47.9% [5] - 'Net Sales- Building Solutions North America' is expected to reach $2.84 billion, reflecting a year-over-year increase of 3.6% [5] - 'Net Sales- Building Solutions EMEA/LA' is forecasted at $1.08 billion, suggesting a year-over-year change of 1.8% [5] - 'Net Sales- Building Solutions Asia Pacific' is estimated to be $514.05 million, indicating a year-over-year increase of 4.7% [6] Adjusted EBITA Estimates - The consensus for 'Total Segment Adjusted EBITA- Global Products' is $348.77 million, down from $455 million reported in the same quarter last year [6] - 'Total Segment Adjusted EBITA- Building Solutions North America' is forecasted at $393.45 million, compared to $373 million from the previous year [7] - 'Total Segment Adjusted EBITA- Building Solutions Asia Pacific' is estimated at $55.77 million, slightly up from $54 million reported last year [7] - The average prediction for 'Total Segment Adjusted EBITA- Building Solutions EMEA/LA' is $102.53 million, compared to $89 million from the previous year [8] Stock Performance - Over the past month, Johnson Controls shares have increased by 13%, while the Zacks S&P 500 composite has decreased by 0.5% [8] - Based on its Zacks Rank 3 (Hold), JCI is expected to perform in line with the overall market in the upcoming period [8]