Earnings Forecast

Search documents
Robinhood Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2025-07-30 15:15
Core Viewpoint - Robinhood Markets, Inc. is expected to report a significant increase in earnings and revenue for the second quarter, indicating positive growth trends for the company [1]. Financial Performance - Analysts anticipate quarterly earnings of 35 cents per share, up from 30 cents per share in the same period last year [1]. - Projected quarterly revenue is $913.33 million, compared to $682 million a year earlier, reflecting a substantial year-over-year growth [1]. Analyst Ratings and Price Targets - The company has exceeded analyst revenue estimates in two consecutive quarters and seven out of the last ten quarters [2]. - Piper Sandler analyst maintained an Overweight rating and raised the price target from $70 to $110 [8]. - Morgan Stanley analyst maintained an Equal-Weight rating and increased the price target from $43 to $110 [8]. - JMP Securities analyst maintained a Market Outperform rating and raised the price target from $70 to $125 [8]. - Barclays analyst maintained an Overweight rating and increased the price target from $57 to $102 [8]. - Citigroup analyst maintained a Neutral rating and raised the price target from $50 to $100 [8].
Nucor Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2025-07-28 13:17
Group 1 - Nucor Corporation is set to release its second-quarter earnings results on July 28, with analysts expecting earnings of $2.70 per share, an increase from $2.68 per share in the same period last year [1] - The projected quarterly revenue for Nucor is $8.48 billion, compared to $8.08 billion a year earlier [1] - On June 18, Nucor indicated expected earnings between $2.55 and $2.65 per share for the quarter ending July 5 [2] Group 2 - Nucor shares increased by 3.1%, closing at $145.83 on the last trading day [2] - Morgan Stanley analyst Carlos De Alba maintained an Overweight rating and raised the price target from $134 to $149 [4] - UBS analyst Curt Woodworth maintained a Buy rating but reduced the price target from $153 to $147 [4]
Enterprise Products Partners Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2025-07-28 06:42
Earnings Report - Enterprise Products Partners L.P. is set to release its second-quarter earnings results on July 28, with analysts expecting earnings of 64 cents per share, unchanged from the previous year [1] - Projected quarterly revenue is $14.18 billion, an increase from $13.48 billion a year earlier [1] Recent Financial Activity - On June 17, Enterprise priced its $2.0 billion aggregate principal amount of senior notes [2] - The company's shares fell by 0.8%, closing at $31.55 on the preceding Friday [2] Analyst Ratings - Mizuho analyst Gabriel Moreen maintained an Outperform rating but reduced the price target from $39 to $38 [4] - Barclays analyst Theresa Chen kept an Overweight rating and lowered the price target from $36 to $35 [4] - Citigroup analyst Spiro Dounis maintained a Buy rating and cut the price target from $37 to $35 [4] - JP Morgan analyst Jeremy Tonet maintained an Overweight rating and increased the price target from $37 to $38 [4] - Morgan Stanley analyst Robert Kad maintained an Equal-Weight rating and raised the price target from $36 to $38 [4]
MSFT, AAPL and AMZN Forecast – Major US Stocks Wait for Earnings
FX Empire· 2025-07-24 12:11
Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting competent advisors before making any financial decisions, particularly in the context of investments and trading activities [1]. Group 1 - The website provides general news, personal analysis, and third-party content intended for educational and research purposes [1]. - It explicitly states that the information does not constitute any recommendation or advice for investment actions [1]. - Users are advised to perform their own research and consider their financial situation before making decisions [1]. Group 2 - The website includes information about complex financial instruments such as cryptocurrencies and contracts for difference (CFDs), which carry a high risk of losing money [1]. - It encourages users to understand how these instruments work and the associated risks before investing [1].
These Analysts Boost Their Forecasts On Tenet Healthcare After Upbeat Q2 Results
Benzinga· 2025-07-23 17:24
Core Viewpoint - Tenet Healthcare Corporation reported better-than-expected earnings for the second quarter, with significant increases in both earnings per share and sales compared to analyst estimates [1][2]. Financial Performance - The company reported quarterly earnings of $4.02 per share, surpassing the analyst consensus estimate of $2.87 per share [1]. - Quarterly sales reached $5.271 billion, exceeding the analyst consensus estimate of $5.161 billion [1]. Guidance Update - Tenet raised its FY2025 adjusted EPS guidance from a range of $11.99-$13.12 to $15.55-$16.21 [2]. - The sales guidance was also increased from $20.600 billion-$21.000 billion to $20.950 billion-$21.250 billion [2]. Management Commentary - The CEO highlighted strong second quarter results, emphasizing same-store revenue growth, operational performance, and robust free cash flow generation [3]. - The company is focused on both organic and inorganic investments to enhance capabilities and innovate for better patient service [3]. Stock Performance - Following the earnings announcement, Tenet Healthcare shares rose by 1% to trade at $157.49 [3]. Analyst Ratings - Guggenheim analyst Jason Cassorla maintained a Buy rating on Tenet Healthcare and raised the price target from $180 to $188 [6]. - Raymond James analyst John Ransom reiterated an Outperform rating and increased the price target from $185 to $200 [6].
GE Vernova Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2025-07-23 05:13
Group 1 - GE Vernova Inc. is set to release its second-quarter earnings results on July 23, with expected earnings of $1.50 per share, an increase from $1.02 per share in the same period last year [1] - The company is projected to report quarterly revenue of $8.8 billion, up from $8.2 billion a year earlier [1] - GE Vernova plans to invest up to $100 million in Pennsylvania over the next two years, creating approximately 700 new jobs across multiple factories [2] Group 2 - Analysts have provided various ratings and price targets for GE Vernova, with B of A Securities raising the price target from $550 to $620 [4] - JP Morgan also raised its price target from $460 to $620, while Barclays increased its target from $550 to $580 [4] - UBS initiated coverage with a Buy rating and a price target of $614, and Morgan Stanley raised its target from $422 to $511 [4]
These Analysts Raise Their Forecasts On Verizon After Upbeat Q2 Results
Benzinga· 2025-07-22 13:04
Verizon Communications Inc. VZ reported better-than-expected second-quarter financial results and raised guidance on Monday. Verizon posted adjusted earnings of $1.22 per share, beating market estimates of $1.19 per share. The company's quarterly sales came in at $34.50 billion beating expectations of $33.57 billion. Total Verizon Business revenues were $7.3 billion, down 0.3% Y/Y. Total Verizon Consumer revenue rose by 6.9% Y/Y to $26.6 billion. Consumer wireless retail postpaid churn was 1.12%, and wirele ...
Lay's, Tostitos Comeback Set To Ignite Q4, But Can PepsiCo Fend Off Q3 Earnings Dip?
Benzinga· 2025-07-18 18:12
Core Viewpoint - PepsiCo is implementing significant operational changes across its global portfolio to adapt to shifting demand patterns and prepare for key product relaunches, aiming to balance short-term pressures with long-term growth, particularly in North America and international markets [1]. Financial Performance - In the second quarter, PepsiCo reported adjusted earnings per share of $2.12, exceeding the analyst consensus estimate of $2.03, with quarterly sales reaching $22.726 billion, reflecting a 1% year-over-year increase and surpassing the expected $22.292 billion [2]. Market Challenges and Strategies - Despite stronger-than-expected results from Pepsi Foods (PFNA), the company anticipates challenges in the third quarter due to tough year-over-year comparisons following last year's promotional period, expecting a temporary setback before relaunching key brands like Lay's and Tostitos, which should enhance performance in the fourth quarter [3]. - To protect volumes, PepsiCo is adjusting its promotional strategy to focus on everyday value and is undertaking structural margin improvements, including the closure of two plants. Additionally, the company is refining its revenue growth strategies in the PBNA segment by phasing out case pack water and optimizing transportation to improve margins [4]. Growth Outlook - International operations are projected to be the primary growth driver for the remainder of the fiscal year, with strong contributions anticipated from Latin America, especially Brazil and Mexico, as well as EMEA. These regions are expected to grow organically at a mid-single-digit to high-single-digit pace, benefiting from favorable pricing actions and increased per capita consumption [5]. Earnings Forecast - The earnings per share forecast for the third quarter has been revised to a 2.5% year-over-year decline to $2.26, down from a previous estimate of $2.37. This outlook reflects expected total organic sales growth of 2%, a gross margin contraction of 60 basis points, and a smaller 20 basis point drop in operating margin. Notably, productivity gains from PFNA and tariff mitigation strategies from PBNA are expected to have a more significant impact in the fourth quarter [6]. Stock Performance - As of the latest check, PepsiCo shares are trading lower by 0.29% at $145.03 [7].
These Analysts Boost Their Forecasts On Netflix Following Better-Than-Expected Q2 Results
Benzinga· 2025-07-18 13:09
Group 1 - The core viewpoint of the articles is that Netflix reported strong second-quarter financial results, exceeding revenue and earnings expectations, and raised its full-year revenue guidance [1][2] - Netflix's second-quarter revenue reached $11.08 billion, a 16% increase year-over-year, and earnings per share were $7.19, surpassing the consensus estimates [1] - The company provided third-quarter guidance for revenue of $11.526 billion, a 17% year-over-year increase, and earnings per share of $6.87, both above market expectations [2] Group 2 - Netflix raised its full-year revenue guidance to a range of $44.8 billion to $45.2 billion, up from a previous range of $43.5 billion to $44.5 billion [2] - The company emphasized its goal to provide a diverse range of quality content to enhance member engagement, which in turn drives customer retention and recommendations [3] - Following the earnings announcement, analysts adjusted their price targets for Netflix, with several maintaining an Overweight or Buy rating and increasing targets to between $1,450 and $1,500 [8]
PNC Financial Analysts Increase Their Forecasts After Strong Earnings
Benzinga· 2025-07-17 13:43
Core Insights - PNC Financial Services Group reported Q2 earnings of $3.85 per share, exceeding the analyst consensus estimate of $3.53 per share [1] - The company achieved quarterly sales of $5.661 billion, surpassing the analyst consensus estimate of $5.606 billion [1] - PNC anticipates a 6% year-over-year revenue increase for FY 2025 [1] Management Commentary - Bill Demchak, PNC Chairman and CEO, highlighted the success of the national growth strategy, noting accelerated new customer acquisition and strengthened relationships with existing customers [2] - The company experienced strong loan and revenue growth despite a challenging macro environment, while maintaining controlled expenses [2] - PNC shares increased by 0.4%, trading at $194.68 following the earnings announcement [2] Analyst Reactions - B of A Securities analyst Ebrahim Poonawala maintained a Buy rating on PNC Financial and raised the price target from $223 to $226 [8] - Morgan Stanley analyst Betsy Graseck maintained an Underweight rating but raised the price target from $179 to $186 [8]