Core Viewpoint - Needham analyst Gerald Pascarelli has reiterated a Buy rating on Constellation Brands, Inc. but has lowered the price forecast from $215 to $195, anticipating a weak start to fiscal year 2026 with first-quarter results expected on July 1 [1][3]. Group 1: Financial Performance Expectations - Pascarelli predicts that Constellation Brands will report beer revenue and margins below the lower end of full-year guidance, which may negatively impact Street estimates [1]. - The analyst has reduced his first-quarter earnings per share (EPS) estimate to $3.20, and lowered fiscal year 2026 and fiscal year 2027 EPS estimates to $12.64 and $13.76, respectively [3][5]. - The price forecast of $195 implies a ~20% discount to the company's historical average multiple of ~14x [3]. Group 2: Market Trends and Challenges - Over the past three months, beer volumes have declined sequentially, with a forecasted beer depletion of -3.0%, which is 120 basis points below the -1.8% consensus [2][4]. - Volume trends have weakened since February due to category softness, ongoing consumer challenges, and poor weather in May and early June [3]. - Increased investment spending, particularly in marketing (estimated at 9.5% of sales), along with volume pressure, contributes to a forecasted beer margin of 38.0%, notably below the Street's 39.8% [4]. Group 3: Segment Performance and Guidance - Pascarelli is 10 points below consensus on wine and spirits revenue, expecting a ~30% organic decline, with the Svedka divestiture contributing to a ~5-point hit [5]. - The analyst models a 70% drop in segment operating income due to volume deleverage and distributor repayments [5]. - Despite a weak start to fiscal year 2026, the initial beer guidance was conservative enough to allow the company to meet its full-year targets, with management typically avoiding guidance revisions in the first quarter [6].

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

ENGLEWOOD, Colo., June 25, 2025 /PRNewswire/ -- Zynex, Inc. (NASDAQ: ZYXI), an innovative medical technology company specializing in the manufacture and sale of noninvasive medical devices for pain management, rehabilitation, and patient monitoring, today announced it has been awarded UK patent 2617515 for a multiparameter, noninvasive sepsis monitor.Sepsis is a life-threatening condition characterized by systemic inflammation and organ dysfunction caused by an infection. Over half of sepsis cases are contr ...

13只浮动费率新基率先成立 数据显示，截至6月24日，首批26只新型浮动费率基金中，13只产品已率先发布成立公告，募集规模总 额超126亿元。 其中，基金经理周云管理的东方红核心价值、 基金经理 刘健维管理的易方达成长进取、 基金经理 何杰 管理的平安价值优享募集规模暂列前三名，分别为19.91亿元、17.04亿元、13.22亿元。 截至6月24日，首批26只新型浮动费率基金中，已有13只宣布成立，合计募集规模超126亿元，东方红核 心价值、易方达成长进取、平安价值优享募集规模均超10亿元。 业内机构表示，此次发行的浮动费率基金 采用 管理费 分档计提规则 ，实施"奖优罚劣"机制。这一费率 机制 强化基金公司、高管、基金经理与投资者的利益绑定，督促行业机构牢固树立以投资者最佳利益 为核心的经营理念。 在不确定性中寻找投资确定性 基金经理 王晓川管理的银华成长智选、 基金经理 贾腾管理的天弘品质价值、 基金经理 李涛管理的嘉 实成长共赢、 基金经理 孟杰管理的宏利睿智领航、 基金经理 卞正管理的汇添富均衡潜力优选募集规模 均超8亿元。 图片来源：Choice，统计截至2025/6/24，不作投资推荐 此外，多家 ...

整理｜冬梅 6 月 23 日，中国证监会网站显示，国产 GPU 龙头之一的沐曦集成电路（上海）股份有限公司（以 下简称"沐曦"）IPO 辅导状态已变更为"辅导工作完成"，其上市辅导机构为华泰联合证券。这也意味 着沐曦的科创板 IPO 之旅又迈出了重要一步，接下来会提交上市申报材料，准备在 A 股上市。 | | | 公开发行辅导公示 | | 辅导对象 | 辅导机构 | 备案时间 辅导状态 | 派出机构 | 报告类型 报告标题 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 北京 | - | 天津 | 上海百英生物科技股份有限 公司 | 国泰海通证券股份有限公司 | 2025-02-10 辅导工作完成 | 上海证监局 | 辅导工作完成报告 关于上海百英生物 ... | | - | 河北 | - | mg | | | | | | | - | 内蒙古 | = | 辽宁 | > 上海奉天电子股份有限公司 | 东方证券股份有限公司 | 2022-09- 辅导工作完成 05 | 上海证监局 | 辅导工作完成报告 关于上海奉天电子 ... | | - ...

Maybe it was all a dream or more pointedly a nightmare. I'm talking about the Chinese artificial intelligence breakthrough known as deepseek. Remember that.Which caused Wall Street to turn its back on the AI data center coord sell. Earlier this year, we were told that the Chinese had come up with a way to build AI models using far less hardware, meaning chips from Nvidia. And it crushed every stock in the group.the house of pain with the biggest casualties being the stocks of all the companies needed to cre ...

更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 ≀勹⛒䘜 ⇎側ᷣ快 更多一手海外资讯和海外投行报告加V：shuinu9870 更多一手海外资讯和海外投行报告加V：shuinu9870 更多一手海外资讯和海外投行报告加V：shuinu9870 更多一手海外资讯和海外投行报告加V：shuinu9870 更多一手海外资讯和海外投行报告加V：shuinu9870 更多一手海外资讯和海外投行报告加V：shuinu9870 ㈭峜⯭㚳 2025⸌䫄ᶡ⫻ 㪺彦弶 05 慥夙ᷓ栰␤Ằ⃠㈭峜䫮䓽 10 䚆⻭ 04 Ḭ⢿㈭峜崣≗␤䱖御ᷓ栰 20 倹䤀 22 ῒ⇐ 更多一手海外资讯和海外投行报告加V：shuinu9870 更多一手海外资讯和海外投行报告加V：shuinu9870 更多一手海外资讯和海外投行报告加V：shuinu9870 更多一手海外资讯和海外投行报告加V：shuinu9870 更多一手海外资讯和海外投行报告加V：shuinu9870 更多一手海外资讯和海外投行报告加V：shuinu9870 25 ⢮㯟␤⢿⬯ⓞ 27 ⮑⅊➒慩 29 䥙≷⛒ 31 ㇗⛈ḿ埤ᶲ 32 㑈䧗Ṓ 33 ⃥岻⢈㖦 2 更多资料加入知识 ...

Key Takeaways TPC's Q1 2025 EPS rose 77% year over year, with revenues up 19% to $1.25B on stronger project execution. Backlog surged 94% year over year to $19.4B, driven by $2B in new awards and contract adjustments. EPS estimates for 2025 and 2026 rose to $1.75 and $3.09, reflecting growth of 155.9% and 76.6%, respectively.Tutor Perini Corporation (TPC) is benefiting from increased project execution activities backed by the robust public infrastructure spending market in the United States. Owing to this ...

以下文章来源于i黑马 ，作者i黑马 i黑马 . 让创业者不再孤独@i黑马 牛文文 创业黑马集团董事长&创始人 风口，无疑已经来了。 国运，无疑已经来了。 2025，中国中小企业的发展拐点，已然到来。 DeepSeek 带来 两个国运级的大机会： 第二， 中国产业智能化。 这两个国运级的大机会，马上就会普惠到全中国的产业和企业。 外行看热闹，内行看门道。 普通人跟 DeepSeek 玩一下就叫接入了。 但是如果你做企业级 的接入和应用，你必须是 核心产品、核心服务流程都 "DeepSeek化"了， 还要做到商业化提效。 现在是赢者通吃的一个时代，只有先行者，才能真正抓住这一轮大机会。 在这个情况下，创业黑马正式推出 中小企业级的 AI 实战营。 我们不但能给大家提供企业级的认知、方法论、资源 ，还会提供做企业级开发的供应商、人才 资源和投资资源。 第一， 中国资产重估。 目前， "天启政策大模型" 已成为工信部全国一张网七大板块中，找政策板块的核心的服务 商、供应商。所以，我们自己做到，并知道如何做成。 第二，我们跟全中国做 AI 科研、做大模型、做AI服务的大厂公司都有合作。 在帮助中小企业产业做 DeepS ...

Investor Presentation MAY 2025 1 Cautionary Note Regarding Forward-Looking Statements Cautionary Statement Under the Private Securities Litigation Reform Act; Non-GAAP Measures This presentation contains "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Such forward- looking statements include anticipated revenue growth, earnings growth and compound annual growth rate, margin expansion or improvement, anticipated future acquisition behavior, ...