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JPMorgan Chase & Co. (JPM) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2025-07-10 22:46
Company Performance - JPMorgan Chase & Co. ended the recent trading session at $288.12, demonstrating a +1.75% change from the preceding day's closing price, outperforming the S&P 500's 0.28% gain [1] - Shares of the company witnessed a gain of 5.6% over the previous month, surpassing the Finance sector's gain of 2.79% and the S&P 500's gain of 4.37% [1] Upcoming Earnings - The company's earnings report is set to be disclosed on July 15, 2025, with an anticipated EPS of $4.51, marking a 2.5% rise compared to the same quarter of the previous year [2] - Revenue is expected to be $43.81 billion, showing a 12.73% drop compared to the year-ago quarter [2] Full Year Projections - For the full year, Zacks Consensus Estimates project earnings of $18.65 per share and revenue of $175.3 billion, representing changes of -5.57% and -1.27% from the prior year, respectively [3] Analyst Estimates - Recent modifications to analyst estimates for JPMorgan Chase & Co. indicate changing near-term business trends, with positive alterations signifying analyst optimism regarding the business and profitability [4] Zacks Rank and Performance - The Zacks Rank system, which evaluates estimate changes, currently ranks JPMorgan Chase & Co. at 3 (Hold), with the Zacks Consensus EPS estimate having moved 1.49% higher within the past month [6] - The Zacks Rank system has an impressive track record, with 1 ranked stocks yielding an average annual return of +25% since 1988 [6] Valuation Metrics - JPMorgan Chase & Co. has a Forward P/E ratio of 15.18, indicating a discount relative to the industry average Forward P/E of 16.61 [7] - The company holds a PEG ratio of 2.62, compared to the Financial - Investment Bank industry average PEG ratio of 1.34 [7] Industry Overview - The Financial - Investment Bank industry is part of the Finance sector and currently holds a Zacks Industry Rank of 57, placing it in the top 24% of all 250+ industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
Conagra Brands (CAG) Lags Q4 Earnings and Revenue Estimates
ZACKS· 2025-07-10 20:50
Conagra Brands (CAG) came out with quarterly earnings of $0.56 per share, missing the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.61 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.08%. A quarter ago, it was expected that this company would post earnings of $0.52 per share when it actually produced earnings of $0.51, delivering a surprise of -1.92%.Over the last four quarters, the company ha ...
Byrna Technologies Inc. (BYRN) Tops Q2 Earnings and Revenue Estimates
ZACKS· 2025-07-10 20:50
Byrna Technologies Inc. (BYRN) came out with quarterly earnings of $0.1 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +100.00%. A quarter ago, it was expected that this company would post earnings of $0.02 per share when it actually produced earnings of $0.07, delivering a surprise of +250%.Over the last four quarters, the ...
Sono-Tek Corporation (SOTK) Surpasses Q1 Earnings Estimates
ZACKS· 2025-07-10 20:50
Sono-Tek Corporation (SOTK) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +50.00%. A quarter ago, it was expected that this company would post earnings of $0.01 per share when it actually produced earnings of $0.02, delivering a surprise of +100%.Over the last four quarters, the com ...
Delta Air Lines (DAL) Beats Q2 Earnings and Revenue Estimates
ZACKS· 2025-07-10 20:50
Delta Air Lines (DAL) came out with quarterly earnings of $2.1 per share, beating the Zacks Consensus Estimate of $2.04 per share. This compares to earnings of $2.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +2.94%. A quarter ago, it was expected that this airline would post earnings of $0.4 per share when it actually produced earnings of $0.46, delivering a surprise of +15%.Over the last four quarters, the company has s ...
Surging Earnings Estimates Signal Upside for Cadence (CADE) Stock
ZACKS· 2025-07-10 17:20
Core Viewpoint - Investors are encouraged to consider Cadence (CADE) due to solid improvements in earnings estimates and positive short-term price momentum [1] Earnings Estimate Revisions - Analysts are increasingly optimistic about Cadence's earnings prospects, leading to higher estimates that are expected to positively impact the stock price [2] - The Zacks Rank system indicates strong agreement among analysts in raising earnings estimates, significantly increasing consensus estimates for the next quarter and full year [3] Current-Quarter Estimates - The earnings estimate for the current quarter is $0.69 per share, unchanged from the previous year, with a 5.19% increase in the Zacks Consensus Estimate over the last 30 days [6] - There have been two upward revisions with no negative changes in estimates for the current quarter [6] Current-Year Estimates - The full-year earnings estimate stands at $2.92 per share, reflecting a 6.57% increase from the previous year [7] - Over the past month, two estimates have been revised upward, contributing to a 5.92% increase in the consensus estimate [8] Zacks Rank - Cadence has achieved a Zacks Rank 1 (Strong Buy) due to favorable estimate revisions, which historically correlate with significant outperformance compared to the S&P 500 [9] Stock Performance - The stock has gained 13.2% over the past four weeks, driven by solid estimate revisions and positive earnings growth prospects [10]
Kyndryl Holdings, Inc. (KD) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2025-07-10 17:01
Core Viewpoint - Kyndryl Holdings, Inc. has received an upgrade to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Revisions - The Zacks Consensus Estimate for Kyndryl Holdings is projected at $2.18 per share for the fiscal year ending March 2026, showing no year-over-year change [9]. - Over the past three months, analysts have raised their earnings estimates for Kyndryl Holdings by 12.3% [9]. Zacks Rating System - The Zacks rating system is based on changes in earnings estimates, providing a more objective measure compared to traditional Wall Street ratings, which can be influenced by subjective factors [2][3]. - The system classifies stocks into five groups, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [8]. - Kyndryl Holdings' upgrade to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [11].
State Street (STT) Moves to Strong Buy: Rationale Behind the Upgrade
ZACKS· 2025-07-10 17:01
State Street Corporation (STT) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.T ...
New Found Gold Corp. (NFGC) Upgraded to Buy: Here's Why
ZACKS· 2025-07-10 17:01
New Found Gold Corp. (NFGC) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors of ...
Canada Goose (GOOS) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2025-07-10 17:01
Canada Goose (GOOS) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The p ...