Core Viewpoint - Marathon Petroleum (MPC) is expected to report a quarterly loss of $0.63 per share, a decline of 122.7% year-over-year, with revenues forecasted at $30.09 billion, down 9.4% from the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised 4.1% lower in the last 30 days, indicating a collective reevaluation by analysts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and are strongly linked to short-term stock price performance [3]. Key Metrics Forecast - Analysts predict 'Refining & Marketing - Refinery throughputs - Net refinery throughput' at 2,765.67 million barrels per day, up from 2,664 million barrels per day a year ago [5]. - The estimate for 'Refining & Marketing - Refinery throughputs - Crude oil refined' is 2,513.68 million barrels per day, compared to 2,427 million barrels per day last year [5]. - 'Refining & Marketing - Refinery throughputs - Other charge and blendstocks' is expected to reach 250.81 million barrels per day, up from 237 million barrels per day in the same quarter last year [6]. - The consensus estimate for 'Income from operations- Refining & Marketing' is -$561.74 million, down from $766 million year-over-year [6]. - 'Income from operations- Midstream' is forecasted at $1.34 billion, compared to $1.25 billion last year [7]. - 'Adjusted EBITDA- Refining & Marketing' is expected to be $286.27 million, significantly lower than $1.87 billion from the previous year [7]. - 'Adjusted EBITDA- Midstream' is projected at $1.68 billion, compared to $1.59 billion in the same quarter last year [8]. Stock Performance - Over the past month, shares of Marathon Petroleum have increased by 7.1%, while the Zacks S&P 500 composite has decreased by 0.5% [9]. - Currently, MPC holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [9].

Core Viewpoint - MPLX LP is expected to report quarterly earnings of $1.06 per share, reflecting an 8.2% increase year-over-year, with revenues projected at $3.21 billion, a 12.9% increase compared to the previous year [1]. Earnings Estimates - Analysts have collectively revised the consensus EPS estimate downward by 0.9% over the past 30 days, indicating a reassessment of initial projections [1][2]. Revenue and Income Projections - The combined assessment suggests 'Revenues and Other Income- L&S- Income from equity method investments' will likely reach $98.69 million, marking a year-over-year change of +10.9% [4]. - The consensus estimate for 'Revenues and other income- L&S' stands at $1.65 billion, indicating a change of +6% from the prior-year quarter [4]. Pipeline and Processing Metrics - Analysts forecast 'Pipeline throughput - Crude oil pipelines' to reach 3,698.43 million barrels of oil per day, up from 3,462 million barrels per day a year ago [5]. - 'Natural Gas Processed - Southwest operations' is expected to come in at 2,318.02 million cubic feet per day, compared to 1,629 million cubic feet per day in the previous year [5]. - 'Gathering throughput - Southwest Operations' is projected to reach 2,242.36 million cubic feet per day, up from 1,601 million cubic feet per day in the same quarter last year [6]. - 'Pipeline throughput - Total pipelines' is expected to reach 5,599.47 million barrels of oil per day, compared to 5,293 million barrels per day in the same quarter last year [6]. EBITDA Estimates - 'Adjusted EBITDA- Gathering and Processing' is expected to be $642.66 million, compared to $537 million in the same quarter of the previous year [7]. - The estimated 'Adjusted EBITDA- Logistics and Storage' is projected at $1.12 billion, slightly up from $1.10 billion a year ago [7]. Stock Performance - Over the past month, MPLX LP shares have recorded returns of -2.5%, while the Zacks S&P 500 composite has changed by -0.5% [7].

Core Viewpoint - Analysts forecast that Diamondback Energy (FANG) will report quarterly earnings of $4.09 per share, reflecting a year-over-year decline of 9.1%, while revenues are expected to reach $3.75 billion, an increase of 68.2% compared to the previous year [1] Earnings Estimates - The consensus EPS estimate has been revised downward by 12.6% over the past 30 days, indicating a collective reassessment by analysts [2] - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock performance [3] Revenue Projections - Analysts estimate that revenues from oil, natural gas, and natural gas liquids will total $3.67 billion, representing a year-over-year increase of 74.7% [5] - Oil sales revenues are projected to reach $3.03 billion, reflecting a 62.1% increase year-over-year [5] - Revenues from natural gas liquid sales are expected to be $410.54 million, indicating a 123.1% increase from the previous year [5] - Natural gas sales revenues are anticipated to be $243.41 million, suggesting a significant year-over-year increase of 386.8% [6] Production Metrics - Average daily production is expected to be 855,815.50 BOE/D, up from 461,110 BOE/D reported in the same quarter last year [6] - Total production volume for natural gas liquids is projected at 17,430.23 MBBL, compared to 8,653 MBBL in the previous year [8] - Total production volume for oil is estimated to be 42,783.51 MBBL, up from 24,874 MBBL year-over-year [8] - The consensus for total combined production volume is 76,894.90 MBOE, compared to 41,961 MBOE in the same quarter last year [9] Price Estimates - Average prices for oil are expected to be $70.67 per barrel, down from $75.06 per barrel in the same quarter last year [7] - Average prices for hedged oil are projected at $70.36 per barrel, compared to $74.13 per barrel in the previous year [7] - Average prices for natural gas liquids are estimated at $23.27 per barrel, up from $21.26 per barrel in the same quarter last year [9] - Average prices for hedged natural gas liquids are expected to be $22.61 per barrel, compared to $21.26 per barrel in the previous year [10] Stock Performance - Diamondback shares have decreased by 4.6% over the past month, contrasting with a -0.5% change in the Zacks S&P 500 composite [11] - The company holds a Zacks Rank 3 (Hold), indicating expectations to mirror overall market performance in the near future [11]

Core Viewpoint - Analysts forecast that Corteva, Inc. (CTVA) will report quarterly earnings of $0.87 per share, reflecting a year-over-year decline of 2.3%, with anticipated revenues of $4.51 billion, showing a slight increase of 0.4% compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate for the quarter has been revised upward by 1.4% over the past 30 days, indicating a collective reassessment by analysts [2]. - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3]. Revenue Estimates - The consensus estimate for 'Revenue- Seed' is $2.77 billion, indicating a year-over-year change of +0.6% [5]. - 'Revenue- Crop Protection' is forecasted to reach $1.77 billion, reflecting a year-over-year increase of +1.6% [5]. - 'Revenue- Crop Protection- Other' is projected at $152.48 million, showing a decline of -18.5% from the previous year [5]. - 'Revenue- Seed- Other' is expected to be $129.31 million, with a year-over-year increase of +1.8% [6]. - 'Revenue- Crop Protection- Herbicides' is anticipated to reach $938.41 million, indicating a +5.9% change from the prior year [6]. - 'Revenue- Crop Protection- Insecticides' is estimated at $386.54 million, reflecting a +3.6% year-over-year change [6]. - 'Revenue- Crop Protection- Fungicides' is expected to be $286.60 million, indicating a -2.9% change year over year [7]. - 'Revenue- Seed- Soybean' is projected at $288.06 million, reflecting a -1.4% change from the previous year [7]. - 'Revenue- Seed- Corn' is estimated at $2.08 billion, showing a -0.2% change year over year [7]. - 'Revenue- Seed- Other oilseeds' is expected to be $258.09 million, indicating a +5.3% change from the prior year [8]. Operating Metrics - 'Operating EBITDA- Seed' is projected to reach $738.94 million, compared to $748 million in the same quarter last year [8]. - 'Operating EBITDA- Crop Protection' is expected to be $337.09 million, up from $310 million reported in the same quarter of the previous year [8]. Stock Performance - Shares of Corteva, Inc. have increased by +1.2% over the past month, contrasting with a -0.5% move of the Zacks S&P 500 composite [9].

Core Viewpoint - Global Payments (GPN) is expected to report quarterly earnings of $2.68 per share, reflecting a 3.5% increase year-over-year, with revenues projected at $2.2 billion, a 0.7% increase compared to the previous year [1]. Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised downward by 2.2%, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts estimate 'Non-GAAP Revenues - Merchant Solutions' at $1.68 billion, a year-over-year change of +0.1% [5]. - 'Non-GAAP Revenues - Issuer Solutions' is projected to reach $528.21 million, indicating a +2.4% change year-over-year [5]. - The average estimate for 'Revenues - Issuer Solutions' is $607.50 million, suggesting a +0.8% change year-over-year [5]. Geographic Revenue Insights - 'Revenues - Merchant Solutions' is estimated at $1.82 billion, reflecting a -0.5% change year-over-year [6]. - 'Geographic Revenue - Europe' is forecasted to be $399.04 million, indicating a +3.7% change year-over-year [6]. - 'Geographic Revenue - Americas' is expected to reach $1.95 billion, showing a -1.4% change from the prior year [6]. - 'Geographic Revenue - Asia Pacific' is projected at $60.09 million, indicating a -0.4% change year-over-year [7]. Operating Income Estimates - The consensus for 'Non-GAAP Operating Income - Merchant Solutions' stands at $802.11 million, compared to $790.41 million reported in the same quarter last year [7]. - 'Non-GAAP Operating Income - Issuer Solutions' is estimated at $246.04 million, up from $241.40 million in the previous year [8]. - 'Operating Income - Merchant Solutions' is expected to be $599.26 million, compared to $580.44 million reported last year [8]. - 'Operating Income - Issuer Solutions' is projected at $109.78 million, compared to $106.10 million in the same quarter last year [9]. Stock Performance - Shares of Global Payments have declined by -23.4% over the past month, contrasting with the Zacks S&P 500 composite's -0.7% change [9].

Core Insights - Wall Street analysts anticipate IQVIA Holdings (IQV) to report quarterly earnings of $2.63 per share, reflecting a year-over-year increase of 3.5% [1] - Expected revenues for the quarter are projected at $3.77 billion, which represents a 0.9% increase from the previous year [1] Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised downward by 0.1%, indicating a collective reassessment by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions to the stock, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock price performance [3] Revenue Projections - Analysts estimate 'Revenues- Technology & Analytics Solutions' to be $1.52 billion, indicating a year-over-year increase of 4.4% [5] - The consensus for 'Revenues- Research & Development Solution' is projected at $2.08 billion, suggesting a decline of 0.9% year over year [5] - 'Revenues- Contract Sales & Medical Solutions' is expected to reach $183.42 million, reflecting a year-over-year decrease of 3% [5] Segment Profit Estimates - The estimated 'Backlog' for IQVIA is $31.43 billion, up from $30.1 billion in the same quarter last year [6] - Analysts project 'Segment Profit- Technology & Analytics Solution' to be $365.56 million, an increase from $335 million reported in the same quarter last year [6] - 'Segment Profit- Contract Sales & Medical Solutions' is expected to be $15.65 million, compared to $13 million in the same quarter last year [7] - The average prediction for 'Segment Profit- Research & Development Solutions' is $471.69 million, slightly down from $479 million reported in the same quarter last year [7] Stock Performance - IQVIA shares have decreased by 11.1% over the past month, contrasting with a decline of 0.7% in the Zacks S&P 500 composite [7] - With a Zacks Rank of 4 (Sell), IQV is expected to underperform the overall market in the near term [7]

Analysts on Wall Street project that American Electric Power (AEP) will announce quarterly earnings of $1.39 per share in its forthcoming report, representing an increase of 9.5% year over year. Revenues are projected to reach $5.34 billion, increasing 6.7% from the same quarter last year.The current level reflects an upward revision of 13.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial ...

Core Insights - Analysts expect Waters (WAT) to report quarterly earnings of $2.22 per share, reflecting a year-over-year increase of 0.5% [1] - Projected revenues for the quarter are $654.63 million, which is a 2.8% increase from the previous year [1] - The consensus EPS estimate has been revised 0.2% higher in the last 30 days, indicating a collective reevaluation by analysts [1][2] Revenue Estimates - 'Net Sales- Water Division' is expected to reach $578.15 million, indicating a year-over-year change of +2.9% [4] - 'Net Sales- TA Division' is projected at $77.60 million, reflecting a year-over-year increase of +3.5% [4] - 'Net Sales- Product sales' is forecasted to be $379.44 million, suggesting a change of +0.9% year over year [4] Service and Product Sales Estimates - 'Net Sales- Service net sales- TA service' is estimated at $23.34 million, indicating a year-over-year decline of -3.8% [5] - 'Net Sales- Product Net Sales- Chemistry consumables' is expected to reach $138.45 million, reflecting a year-over-year increase of +3.2% [5] - 'Net Sales- Product Net Sales- TA instrument systems' is projected at $52.82 million, indicating a year-over-year change of +4.2% [6] - 'Net Sales- Service net sales- Waters service' is expected to be $249.33 million, reflecting a year-over-year increase of +5.5% [6] - 'Net Sales- Product Net Sales- Waters instrument systems' is forecasted at $188.18 million, indicating a year-over-year decline of -1.6% [7] Stock Performance - Waters shares have decreased by -4.1% over the past month, compared to a -0.7% change in the Zacks S&P 500 composite [8] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to closely follow overall market performance in the near term [8]

The upcoming report from Electronic Arts (EA) is expected to reveal quarterly earnings of $1.11 per share, indicating a decline of 19% compared to the year-ago period. Analysts forecast revenues of $1.56 billion, representing a decrease of 6.2% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 148% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a company ...

Core Insights - Ares Management (ARES) is expected to report quarterly earnings of $0.94 per share, reflecting a 17.5% increase year over year, with revenues projected at $913.68 million, a 24.1% year-over-year increase [1] - Over the past month, the consensus EPS estimate has been revised downward by 4.3%, indicating a reassessment by analysts [1][2] Financial Performance Estimates - Analysts forecast 'Financial Details Segments- Other fees' to reach $26.37 million, a 32.7% increase year over year [4] - The estimate for 'Financial Details Segments- Fee related performance revenues' is $12.38 million, indicating a significant increase of 233% from the prior-year quarter [4] - 'Financial Details Segments- Management fees' is projected to be $817.56 million, reflecting a 17.9% increase from the previous year [5] - 'Financial Details Segments- Performance income-realized' is expected to reach $70.69 million, a 204.9% increase year over year [5] Assets Under Management (AUM) Estimates - The consensus estimate for 'FPAUM Rollforward - Ending Balance - Total' is $327.60 billion, up from $267.12 billion in the same quarter last year [6] - 'FPAUM Rollforward - Ending Balance - Credit Group' is expected to be $217.62 billion, compared to $189.83 billion a year ago [6] - 'FPAUM Rollforward - Ending Balance - Private Equity Group' is projected at $13.08 billion, up from $12.57 billion year over year [7] - 'FPAUM Rollforward - Ending Balance - Real Assets Group' is expected to reach $66.98 billion, compared to $40.84 billion in the same quarter last year [7] - 'FPAUM Rollforward - Ending Balance - Secondaries Group' is estimated at $23.20 billion, up from $19.89 billion year over year [8] - The total 'AUM Rollforward - Ending Balance' is expected to be $536.48 billion, compared to $428.34 billion a year ago [8] Recent Stock Performance - Shares of Ares Management have shown a return of +2.2% over the past month, contrasting with the S&P 500 composite's -0.2% change [9] - Ares Management holds a Zacks Rank 4 (Sell), indicating expectations of underperformance relative to the overall market in the near future [10]