Accessibility StatementSkip Navigation NEW YORK, Nov. 28, 2025 /PRNewswire/ --Â AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF), a registered closedend investment company, today announced earnings for the second quarter ended September 30, 2025. Total net assets of the Fund on September 30, 2025 were $993,104,684 as compared with $983,263,245 on June 30, 2025 and $989,257,215 on September 30, 2024. On September 30, 2025, the net asset value per share was $11.52 based on 86,229,677 shares of comm ...

Core Viewpoint - UFP Industries reported disappointing Q3 2025 results, with earnings and sales missing estimates and showing year-over-year declines [3][5][12] Earnings & Sales Performance - Adjusted EPS was $1.29, missing the Zacks Consensus Estimate of $1.37 by 5.8% and declining 21.3% year over year [5] - Quarterly net sales were $1.56 billion, missing the consensus mark of $1.61 billion by 3.2% and declining 5.4% from $1.65 billion year over year [5] Margins & Profitability - Gross profit totaled $262.7 million, down from $298.4 million in the year-ago quarter, with gross margin contracting to 16.8% from 18.1% [6] - Adjusted EBITDA was $140 million, down from $164.9 million, with adjusted EBITDA margin contracting to 9% from 10% year over year [6] Segment Highlights - UFP Retail Solutions: Net sales of $594 million, down 6.5% year over year; adjusted EBITDA declined 21.8% to $39.9 million [7] - UFP Packaging: Sales declined 1.7% to $394.9 million; adjusted EBITDA contracted 0.2% to $34.3 million [7] - UFP Construction: Net sales of $496.5 million, down 7.1% year over year; adjusted EBITDA tumbled 17.7% to $41.9 million [8] Balance Sheet & Liquidity - Cash and cash equivalents were $1.01 billion, down from $1.19 billion at the end of 2024; current liquidity is sufficient to meet short-term obligations of $5.4 million [9] - Long-term debt was $229.1 million, slightly down from $232 million at the end of 2024 [9] Share Repurchase Activity - In the first nine months of 2025, the company repurchased 2.8 million shares for $291 million; an additional 0.61 million shares were repurchased in October for $56 million [10] Long-Term Outlook - Despite near-term challenges, UFP Industries aims for annual unit sales growth of 7-10% and targets EBITDA margins of 12.5% [11] Estimate Trends - Consensus estimates have trended downward, with a shift of -12.54% noted [12][14] VGM Scores - UFP Industries has a Growth Score of B, a Momentum Score of C, and a Value Score of B, resulting in an aggregate VGM Score of A [13]

Core Viewpoint - Allison Transmission's recent earnings report showed a decline in both earnings per share and revenues, raising concerns about future performance as the stock has outperformed the S&P 500 by approximately 7% in the past month [1][2]. Financial Performance - Q3 2025 earnings were reported at $1.63 per share, missing the Zacks Consensus Estimate of $1.95 and representing a 28% year-over-year decline [3]. - Quarterly revenues totaled $693 million, down 16% from the previous year and below the Zacks Consensus Estimate of $756 million [3]. Segmental Performance - North America On-Highway net sales fell 28% year-over-year to $327 million, missing estimates [4]. - Outside North America On-Highway net sales decreased by 3% to $122 million, also missing estimates [4]. - Global Off-Highway net sales dropped to $7 million from $20 million year-over-year, missing estimates [5]. - Defense end market net sales increased by 47% to $78 million, exceeding estimates [6]. - Service Parts, Support Equipment & Other net sales fell 5% to $159 million, missing estimates [7]. Financial Position - Gross profit decreased to $329 million from $396 million year-over-year due to lower volumes and unfavorable material costs [8]. - Adjusted EBITDA was $256 million, down from $305 million a year ago [8]. - Cash and cash equivalents increased to $902 million as of September 30, 2025, from $781 million at the end of 2024 [9]. - Long-term debt remained unchanged at $2.39 billion [9]. 2025 Outlook - The full-year 2025 net sales outlook has been revised to between $2,975 million and $3,025 million, down from the previous estimate of $3,075-$3,175 million [11]. - Expected net income is now projected to be between $620 million and $650 million, revised from $640 million to $680 million [11]. - Adjusted EBITDA is now expected to be between $1,090 million and $1,125 million, down from the previous estimate [12]. - Adjusted free cash flow is projected to be between $600 million and $620 million, revised down from $620 million to $660 million [13]. Estimate Trends - There has been a downward trend in estimates, with a consensus estimate shift of -5.49% over the past month [14]. VGM Scores - Allison Transmission has a subpar Growth Score of D and a Momentum Score of F, but a strong Value Score of A, placing it in the top 20% for this investment strategy [15]. Industry Performance - Allison Transmission is part of the Zacks Automotive - Original Equipment industry, where Autoliv, Inc. reported a revenue increase of 5.9% year-over-year [17].

Core Viewpoint - Amerisafe's recent earnings report indicates a mixed performance with adjusted earnings per share meeting estimates but showing a year-over-year decline, while operating revenues improved slightly but missed consensus expectations [2][4]. Financial Performance - Adjusted earnings per share for Q3 2025 were 55 cents, matching the Zacks Consensus Estimate, but down 5.2% from the previous year [2]. - Operating revenues increased by 4% year over year to $78 million, although this was 0.5% below the consensus estimate [2]. - Net premiums earned rose 6.2% year over year to $71.2 million, driven by strong policy retention and new business growth, but fell short of the Zacks Consensus Estimate of $72 million [4]. - Net investment income decreased by 12.3% year over year to $6.6 million due to reduced investable assets following a special dividend [4]. - Total expenses increased by 5.9% year over year to $64.5 million, attributed to higher loss and adjustment expenses [5]. Underwriting and Ratios - The net combined ratio improved by 30 basis points to 90.6%, meeting the consensus mark, supported by better underwriting expense ratios [6]. - Pre-tax underwriting profit was reported at $6.7 million, reflecting a 9.1% year-over-year increase [5]. Financial Position - As of September 30, 2025, cash and cash equivalents stood at $54.7 million, up 24.3% from the end of 2024 [7]. - Total assets reached $1.2 billion, a slight increase of 0.6% from the end of 2024 [7]. - Shareholders' equity decreased by 6.8% to $274.8 million, with book value per share at $14.47, down 12.3% year over year [7]. Capital Management - Amerisafe repurchased common shares worth $1.3 million in Q3 2025, with a remaining repurchase capacity of $24.9 million [8]. - The company announced a quarterly cash dividend of 39 cents per share and a special cash dividend of $1.00 per share, both payable on December 12, 2025 [9]. Market Outlook - Estimates for Amerisafe have trended downward over the past month, indicating a potential shift in market sentiment [10][12]. - The company holds a Zacks Rank 3 (Hold), suggesting an expectation of in-line returns in the coming months [12]. Industry Comparison - Amerisafe operates within the Zacks Insurance - Accident and Health industry, where competitor Globe Life reported a revenue increase of 4.1% year over year, with an EPS of $4.81 compared to $3.49 a year ago [13].

Core Viewpoint - Antero Resources reported mixed third-quarter earnings, with revenues exceeding estimates but adjusted earnings falling short, leading to questions about future performance [3][4][12]. Financial Performance - Adjusted earnings for Q3 2025 were 15 cents per share, missing the Zacks Consensus Estimate of 22 cents, but improved from a loss of 12 cents in the same quarter last year [3]. - Total revenues reached $1,213.99 million, surpassing the Zacks Consensus Estimate of $1,183.64 million and increasing from $1,055.9 million year-over-year [3]. Production Metrics - Total production for the quarter was 315 billion cubic feet equivalent (Bcfe), slightly up from 313 Bcfe a year ago and exceeding estimates of 314 Bcfe [5]. - Natural gas production accounted for 64% of total production, totaling 202 Bcf, a 1% increase from 200 Bcf year-over-year [5]. - Oil production decreased by 28% to 619 thousand barrels (MBbls) from 856 MBbls in the previous year [6]. Price Realization - Weighted natural-gas-equivalent price realization was $3.59 per thousand cubic feet equivalent (Mcfe), up from $3.14 a year ago [7]. - Realized prices for natural gas increased by 46% to $3.12 per Mcf from $2.13 year-over-year [7]. - Oil price realization fell to $50.65 per barrel (Bbl) from $61.59 a year ago [7]. Operating Expenses - Total operating expenses rose to $1,095.9 million from $1,080.9 million in the previous year [9]. - Average lease operating costs increased by 11% to 10 cents per Mcfe [9]. Capital Expenditures and Financials - Antero Resources spent $172 million on drilling and completion operations in Q3 [10]. - As of September 30, 2025, the company had a long-term debt of $1.3 billion [10]. Future Outlook - Production guidance for 2025 is set between 3.4-3.45 Bcfe/d, with a full-year capital budget for drilling and completion projected at $650 million to $675 million [11]. - Estimates for the company have been trending upward, with a consensus estimate shift of 9.87% since the earnings release [12][14]. Industry Context - Antero Resources is part of the Zacks Oil and Gas - Exploration and Production - United States industry, which has seen competitors like Range Resources report positive performance, gaining 11.2% over the past month [15]. - Range Resources reported revenues of $717.62 million for the last quarter, reflecting a year-over-year increase of 5.5% [16].

Core Viewpoint - Antero Midstream Corporation's recent earnings report showed mixed results, with earnings per share missing estimates but revenues exceeding expectations, indicating a complex operational environment [3][4]. Financial Performance - Q3 2025 earnings per share were reported at 24 cents, missing the Zacks Consensus Estimate of 25 cents, but increased from 21 cents in the same quarter last year [3]. - Total quarterly revenues reached $295 million, surpassing the Zacks Consensus Estimate of $294 million and improving from $270 million year-over-year [3]. - Direct operating expenses rose to $57.9 million from $51.7 million a year ago, contributing to total operating expenses of $114.3 million, up from $107.4 million in the corresponding period of 2024 [9]. Operational Metrics - Average daily compression volumes were 3,421 million cubic feet (MMcf/d), an increase from 3,269 MMcf/d year-over-year but below the estimate of 3,469 MMcf/d [5]. - High-pressure gathering volumes totaled 3,170 MMcf/d, up 4% from 3,046 MMcf/d a year ago, though below the estimate of 3,238 MMcf/d [6]. - Low-pressure gathering volumes averaged 3,432 MMcf/d, up from 3,277 MMcf/d year-over-year and above the estimate of 3,415 MMcf/d [7]. - Freshwater delivery volumes increased by 30% to 92 MBbls/d from 71 MBbls/d in the prior-year quarter, although the average distribution fee was slightly below estimates [8]. Balance Sheet - As of September 30, 2025, Antero Midstream had no cash and cash equivalents, with long-term debt reported at $3,009 million [10]. Market Sentiment - There has been a downward trend in estimates for the stock over the past month, indicating a shift in market sentiment [11]. - Antero Midstream currently holds a Zacks Rank of 3 (Hold), suggesting an expectation of in-line returns in the coming months [14].

Core Insights - Clean Harbors reported disappointing Q3 2025 results, with earnings and revenues missing estimates, leading to concerns about future performance [3][12] - The company's stock has seen a 5.5% increase over the past month, outperforming the S&P 500, but analysts are cautious about sustainability [1][2] Financial Performance - Q3 earnings were $2.21 per share, missing the Zacks Consensus Estimate by 6.8%, but up 4.3% year-over-year [3] - Total revenues reached $1.5 billion, missing estimates by 1.7%, but showing a 1.3% increase year-over-year [3] - Environmental Services segment revenues were $1.3 billion, a 2.4% increase from the previous year, while Safety-Kleen Sustainability Solutions revenues declined by 4.5% to $230.8 million [4] - Adjusted EBITDA was $320.2 million, a 6.1% increase year-over-year, but below estimates [5] Balance Sheet and Cash Flow - Cash and cash equivalents at the end of the quarter were $759.2 million, up from $600.2 million in the previous quarter [7] - Long-term debt remained flat at $2.8 billion, with net cash from operating activities at $302 million [8] Guidance and Estimates - Updated guidance for adjusted EBITDA in 2025 is $1.16-$1.18 billion, slightly down from the previous estimate [9] - Adjusted free cash flow guidance has been increased to $445-$495 million [9] - Estimates for the stock have trended downward, leading to a Zacks Rank 4 (Sell) [12] Industry Comparison - Clean Harbors operates in the Waste Removal Services industry, where competitor Waste Connections reported a 5.1% year-over-year revenue increase and a 3.5% stock gain over the past month [13] - Waste Connections has a Zacks Rank 3 (Hold) and is expected to post earnings of $1.29 per share, indicating an 11.2% year-over-year change [14]

Core Insights - Logitech's Q2 fiscal 2026 earnings exceeded estimates, with non-GAAP earnings of $1.45 per share, surpassing the Zacks Consensus Estimate by 18.9% and reflecting a 21% year-over-year increase [2] - The company reported revenues of $1.19 billion for Q2, exceeding consensus by 1.1% and showing a 6% increase year-over-year on a reported basis [2] Revenue Breakdown - Keyboards & Combos revenue rose 12% year-over-year to $235.9 million, while Pointing Devices grew 13% to $221.1 million, and Webcams increased 4% to $83.3 million [3] - Gaming revenues increased 8% year-over-year to $323.3 million, and Video Collaboration sales rose 5% to $167.7 million [4] - Headsets revenue decreased 7% to $43.5 million, Other categories' sales fell 30% to $26.3 million, and Tablet Accessories sales declined 1% to $85.1 million [5] Profitability Metrics - Non-GAAP gross profit increased to approximately $520 million from $492.4 million year-over-year, but the non-GAAP gross margin contracted by 30 basis points to 43.8% [6] - Non-GAAP operating income rose 19.3% to $230 million, with the operating margin expanding by 210 basis points to 19.4% [7] Liquidity and Shareholder Returns - As of September 30, 2025, Logitech had cash and cash equivalents of $1.38 billion, down from $1.49 billion in the previous quarter [8] - The company returned $340 million to shareholders through share repurchases and dividends in Q2, totaling $461 million in the first half of fiscal 2026 [8] Future Guidance - Logitech provided strong sales guidance for Q3 fiscal 2026, projecting revenues between $1.375 billion and $1.415 billion, indicating year-over-year growth of 3-6% [9][10] - The company anticipates non-GAAP operating profit in the range of $270-$290 million for Q3 [10] Market Sentiment - Recent estimates for Logitech have shown an upward trend, with a consensus estimate shift of 17.01% [11] - Despite a poor Growth Score of F, Logitech has a Momentum Score of C and an aggregate VGM Score of F, indicating mixed market sentiment [12] - The stock holds a Zacks Rank 1 (Strong Buy), suggesting expectations for above-average returns in the coming months [13]

Core Viewpoint - PPG Industries reported strong earnings and revenue for Q3 2025, surpassing estimates, but there are concerns about future performance due to a downward trend in estimates [3][4][10]. Financial Performance - Q3 2025 profit was $444 million or $1.96 per share, compared to $444 million or $1.90 per share a year ago [3]. - Adjusted earnings per share were $2.13, up from $2.03 year-over-year, exceeding the Zacks Consensus Estimate of $2.09 [3]. - Revenues for the quarter were approximately $4.08 billion, reflecting a 1.2% year-over-year increase and beating the Zacks Consensus Estimate of $4.04 billion [4]. Segment Review - Global Architectural Coatings segment sales rose 1% year-over-year to $1.01 billion, exceeding estimates due to higher selling prices and favorable foreign currency translation, despite a divestiture in Russia [5]. - Performance Coatings segment sales increased 3% year-over-year to $1.41 billion, but missed estimates, driven by higher selling prices and favorable foreign currency translation, offset by lower sales volumes [6]. - Industrial Coatings segment sales remained flat at around $1.65 billion, missing estimates, impacted by a divestiture and lower pricing [7]. Financial Position - The company had approximately $1.83 billion in cash and cash equivalents at the end of the quarter, with net debt increasing to $5.4 billion, up $228 million from the prior year [8]. Outlook - PPG expects adjusted earnings per share of $7.60 to $7.70 for full-year 2025, driven by share gains and cost initiatives, but anticipates softer demand in certain segments [9]. - There has been a downward trend in consensus estimates, with a shift of -9.01% noted [10]. - The stock has a Zacks Rank 4 (Sell), indicating expectations of below-average returns in the coming months [13].

Core Insights - RenaissanceRe reported a strong Q3 2025 operating income of $15.62 per share, exceeding the Zacks Consensus Estimate by 64.6% and showing a year-over-year increase of 52.7% [2] - Total operating revenues were $2.9 billion, down 4.5% year over year, missing the consensus estimate by 3.7% [2] Financial Performance - The quarterly results were driven by lower expenses and strong underwriting performance, particularly in the Property segment, while net investment income also improved [3] - Total expenses decreased by 23.3% year over year to $1.7 billion, significantly lower than estimates, due to declines in net claims, acquisition costs, and operational expenses [6] - Underwriting income reached $770.2 million, a 95.6% increase year over year, with a combined ratio improving by 1,640 basis points to 68.4% [6] Segment Analysis - **Property Segment**: Gross premiums written fell 7.3% year over year to $733.3 million, with net premiums earned decreasing by 5.8% to $936.9 million [8] - **Casualty & Specialty Segment**: Gross premiums written dipped 1.2% to $1.6 billion, with net premiums earned down 5.7% to $1.5 billion, resulting in an underwriting loss of $21.3 million [10][11] Investment Income - Net investment income was $438.4 million, a 3.4% year-over-year increase, attributed to improved average invested assets [5] Financial Position - As of September 30, 2025, cash and cash equivalents stood at $1.7 billion, total assets increased to $54.5 billion, and total shareholders' equity rose to $11.5 billion [12] Share Repurchase Activity - RenaissanceRe repurchased common shares worth approximately $205.2 million in Q3 2025, with an additional $100 million in repurchases from October 1 to October 24, 2025 [13] Market Outlook - The consensus estimate for RenaissanceRe has shifted by 12.01% since the earnings release, indicating a flat trend in fresh estimates [14] - The company holds a Zacks Rank 3 (Hold), suggesting an expectation of in-line returns in the coming months [16] Industry Comparison - RenaissanceRe operates within the Zacks Insurance - Property and Casualty industry, where competitor Chubb reported a 7.5% year-over-year revenue increase to $16.14 billion [17]