Earnings Estimate Revisions

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Unlocking Q2 Potential of State Street (STT): Exploring Wall Street Estimates for Key Metrics
ZACKS· 2025-07-10 14:16
Core Insights - Analysts project State Street Corporation (STT) will report quarterly earnings of $2.36 per share, a 9.8% increase year over year, with revenues expected to reach $3.37 billion, up 5.7% from the same quarter last year [1] Earnings Estimates - The consensus EPS estimate has been revised 4.5% higher in the last 30 days, indicating a collective reevaluation by analysts [2] - Revisions to earnings projections are critical for predicting investor behavior and are strongly linked to short-term stock price performance [3] Key Metrics Projections - Analysts expect the 'Basel III Advanced Approaches - Tier 1 Leverage Ratio' to reach 5.4%, up from 5.3% in the same quarter last year [5] - The 'Average balance - Total interest-earning assets' is projected at $291.11 billion, compared to $261.74 billion a year ago [5] - The 'Basel III Standardized Approach - Tier 1 capital ratio' is expected to be 13.6%, an increase from 13.3% year over year [6] - 'Assets under Management (AUM)' is forecasted to be $4800.97 billion, up from $4415.00 billion in the same quarter last year [6] - The 'Basel III Standardized Approach - Total capital ratio' is estimated at 14.7%, down from 15.0% a year ago [7] - 'Assets under Custody and/or Administration (AUC/A)' is projected at $41922.09 billion, compared to $44312.00 billion last year [7] Revenue Projections - 'Net Interest Income' is estimated at $734.82 million, slightly down from $735.00 million in the same quarter last year [8] - 'Total fee revenue' is projected to reach $2.64 billion, up from $2.46 billion a year ago [8] - 'Net Interest Income - fully taxable-equivalent basis' is expected to be $733.49 million, compared to $736.00 million last year [9] - 'Software and processing fees' are estimated at $231.30 million, up from $214.00 million in the same quarter last year [9] - 'Other fee revenue' is projected at $58.70 million, compared to $48.00 million a year ago [10] - 'Management fees' are expected to reach $558.82 million, up from $511.00 million last year [10] Stock Performance - Shares of State Street have increased by 12.4% in the past month, outperforming the Zacks S&P 500 composite, which rose by 4.4% [10]
Is Most-Watched Stock Eaton Corporation, PLC (ETN) Worth Betting on Now?
ZACKS· 2025-07-10 14:00
Core Viewpoint - Eaton's stock has shown a strong performance recently, returning +10.5% over the past month, outperforming the S&P 500's +4.4% and the Zacks Manufacturing - Electronics industry's +10.1% [1] Earnings Estimate Revisions - The consensus earnings estimate for Eaton is $2.92 per share for the current quarter, reflecting a year-over-year increase of +7% [4] - The consensus estimate for the current fiscal year is $12.02, indicating a year-over-year change of +11.3% [4] - For the next fiscal year, the consensus estimate is $13.62, representing a +13.3% change from the previous year [5] Revenue Growth Projections - Eaton's consensus sales estimate for the current quarter is $6.93 billion, showing a year-over-year increase of +9.1% [10] - The revenue estimates for the current and next fiscal years are $27.36 billion and $29.55 billion, indicating changes of +10% and +8%, respectively [10] Last Reported Results and Surprise History - In the last reported quarter, Eaton generated revenues of $6.38 billion, a year-over-year increase of +7.3% [11] - The EPS for the same period was $2.72, compared to $2.4 a year ago, with a revenue surprise of +1.78% and an EPS surprise of +0.74% [11] - Eaton has beaten consensus EPS estimates in each of the trailing four quarters, while topping revenue estimates just once [12] Valuation - Eaton has a Zacks Rank of 3 (Hold), indicating it may perform in line with the broader market in the near term [6][17] - The Zacks Value Style Score for Eaton is graded D, suggesting it is trading at a premium compared to its peers [16]
Is Trending Stock GE Vernova Inc. (GEV) a Buy Now?
ZACKS· 2025-07-10 14:00
Core Viewpoint - GE Vernova (GEV) has been trending as a stock of interest, with a notable performance compared to the broader market and its industry [1][2]. Earnings Estimates - For the current quarter, GE Vernova is projected to report earnings of $1.58 per share, reflecting a year-over-year increase of +122.5%. The consensus estimate has seen a slight decrease of -2.7% over the last 30 days [5]. - The consensus earnings estimate for the current fiscal year stands at $7.21, indicating a +29.2% change from the previous year, with a minor increase of +0.8% in the last month [5]. - For the next fiscal year, the earnings estimate is $11.34, suggesting a +57.2% increase compared to the prior year, with a recent adjustment of +0.5% [6]. Revenue Growth Forecast - The consensus sales estimate for the current quarter is $8.82 billion, which represents a year-over-year growth of +7.5%. For the current and next fiscal years, the sales estimates are $37.21 billion and $40.94 billion, indicating growth rates of +6.5% and +10%, respectively [11]. Last Reported Results - In the last reported quarter, GE Vernova achieved revenues of $8.03 billion, marking a +10.6% increase year-over-year. The EPS was $0.91, a significant improvement from -$0.41 a year ago. The revenue exceeded the Zacks Consensus Estimate of $7.54 billion by +6.46%, and the EPS surpassed estimates by +102.22% [12]. Valuation - GE Vernova is graded C on the Zacks Value Style Score, suggesting that it is trading at par with its peers. This assessment is based on various valuation metrics, including price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) [17].
PTC Inc. (PTC) Soars 17.7%: Is Further Upside Left in the Stock?
ZACKS· 2025-07-10 13:50
Core Viewpoint - PTC Inc. has experienced a significant increase in share price due to potential buyout interest from Autodesk, alongside strong financial forecasts and growth in product offerings [2][3]. Financial Performance - PTC shares ended the last trading session 17.6% higher at $210.47, with a notable trading volume [1] - The company has increased its free cash flow forecast for fiscal 2025 to $840-$850 million, reflecting a growth of 14-16% from the previous estimate [3] - Revenues for fiscal 2025 are projected to be between $2,445 million and $2,565 million, indicating a year-over-year rise of 6-12% [3] - Non-GAAP EPS is now estimated in the range of $5.80-$6.55, suggesting a rise of 14-29% [3] - The upcoming quarterly earnings are expected to be $1.22 per share, representing a year-over-year change of +24.5%, with revenues expected at $582.38 million, up 12.3% from the previous year [4] Market Position and Strategy - PTC is focused on mission-critical products and emphasizes verticalized go-to-market strategies to meet customer needs effectively [3] - The company is expanding its product portfolio to capture new customers in emerging IoT and AR/VR markets, with plans to integrate generative AI into its offerings [4] Industry Context - PTC Inc. belongs to the Zacks Computer - Software industry, which includes other companies like Simulations Plus [6] - Simulations Plus has seen a significant change in its EPS estimate, reflecting broader trends within the software industry [7]
Conagra Brands (CAG) Q4 Earnings and Revenues Miss Estimates
ZACKS· 2025-07-10 13:40
Company Performance - Conagra Brands reported quarterly earnings of $0.56 per share, missing the Zacks Consensus Estimate of $0.59 per share, and down from $0.61 per share a year ago, representing an earnings surprise of -5.08% [1] - The company posted revenues of $2.78 billion for the quarter ended May 2025, missing the Zacks Consensus Estimate by 2.18%, and down from $2.91 billion year-over-year [2] - Over the last four quarters, Conagra Brands has surpassed consensus EPS estimates only once and has topped consensus revenue estimates just once [2] Stock Performance - Conagra Brands shares have declined approximately 26.6% since the beginning of the year, contrasting with the S&P 500's gain of 6.5% [3] - The current Zacks Rank for Conagra Brands is 5 (Strong Sell), indicating expectations of underperformance in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.50 on revenues of $2.72 billion, and for the current fiscal year, it is $2.19 on revenues of $11.64 billion [7] - The outlook for the Food - Miscellaneous industry, where Conagra Brands operates, is currently in the bottom 27% of over 250 Zacks industries, suggesting potential challenges ahead [8]
Freightcar America (RAIL) Moves 18.6% Higher: Will This Strength Last?
ZACKS· 2025-07-10 10:16
Company Performance - Freightcar America (RAIL) shares increased by 18.6% in the last trading session, closing at $11.66, with a notable trading volume compared to typical sessions [1] - Year-to-date, the company's shares have gained 31%, driven by strong demand for railcars and cost-reduction efforts, including relocating production to a lower-cost region [2] - The consensus EPS estimate for the upcoming quarterly report is $0.06 per share, reflecting a year-over-year increase of 20%, while revenues are expected to be $109.09 million, down 26% from the previous year [3] Earnings Estimates and Trends - The consensus EPS estimate for Freightcar America has been revised 2.8% higher in the last 30 days, indicating a positive trend that typically correlates with price appreciation [4] - Empirical research suggests that trends in earnings estimate revisions are strongly correlated with near-term stock price movements, highlighting the importance of monitoring RAIL's performance [3][4] Industry Context - Freightcar America operates within the Zacks Transportation - Equipment and Leasing industry, which includes other companies like Air Lease (AL) [5] - Air Lease's consensus EPS estimate has remained unchanged at $1.33, representing an 8.1% increase from the previous year, and it also holds a Zacks Rank of 3 (Hold) [6]
CRISPR Therapeutics (CRSP) Moves 9.6% Higher: Will This Strength Last?
ZACKS· 2025-07-10 09:26
Group 1: Stock Performance - CRISPR Therapeutics AG shares increased by 9.6% to close at $60.08, with notable trading volume compared to typical sessions [1] - The stock has gained 27.7% over the past four weeks, indicating strong investor interest [1] Group 2: Pipeline Developments - The rise in CRISPR's stock price is attributed to positive sentiment regarding its pipeline, particularly the in vivo candidate CTX310 targeting ANGPTL3 for atherosclerotic heart disease [2] - Updated data from an early-stage study showed a single dose of CTX310 resulted in peak reductions of up to 82% in triglyceride levels and up to 86% in LDL levels, generating excitement for other pipeline candidates [2] Group 3: Financial Expectations - The company is expected to report a quarterly loss of $1.54 per share, reflecting a year-over-year change of -3.4%, while revenues are projected at $5.89 million, a significant increase of 1032.9% from the previous year [3] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, suggesting that stock price movements may be influenced by trends in earnings estimate revisions [4] Group 4: Industry Context - CRISPR Therapeutics is part of the Zacks Medical - Biomedical and Genetics industry, where Wave Life Sciences also operates, closing the last trading session 10.8% higher at $7.7 [4] - Wave Life Sciences has seen a consensus EPS estimate change of -6.6% over the past month, indicating a potential decline in performance compared to the previous year [5]
Bassett Furniture (BSET) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2025-07-09 23:45
Company Performance - Bassett Furniture (BSET) reported quarterly earnings of $0.22 per share, exceeding the Zacks Consensus Estimate of $0.15 per share, and compared to a loss of $0.19 per share a year ago, representing an earnings surprise of +46.67% [1] - The company posted revenues of $84.35 million for the quarter ended May 2025, surpassing the Zacks Consensus Estimate by 3.88%, and compared to year-ago revenues of $83.41 million [2] - Over the last four quarters, Bassett has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Outlook - Bassett shares have increased approximately 17.3% since the beginning of the year, outperforming the S&P 500's gain of 5.9% [3] - The current consensus EPS estimate for the coming quarter is $0.20 on $83.6 million in revenues, and for the current fiscal year, it is $0.88 on $334.66 million in revenues [7] - The estimate revisions trend for Bassett was favorable ahead of the earnings release, resulting in a Zacks Rank 1 (Strong Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Furniture industry, to which Bassett belongs, is currently in the top 37% of over 250 Zacks industries, suggesting a favorable outlook as the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8] - Another company in the same industry, Legget & Platt (LEG), is expected to report quarterly earnings of $0.29 per share, with revenues anticipated to be $1.06 billion, down 5.8% from the year-ago quarter [9]
BTCS Inc. (BTCS) Stock Jumps 111.1%: Will It Continue to Soar?
ZACKS· 2025-07-09 18:36
Company Overview - BTCS Inc. shares increased by 111.1% in the last trading session, closing at $5.91, with a significant volume of shares traded compared to normal sessions [1] - The stock had a 13.4% gain over the past four weeks, with a notable price rise following the announcement of a $100 million capital raise aimed at purchasing Ethereum [1] Business Strategy - BTCS focuses on Ethereum block-building through its Builder+ platform and validator node operations across various proof-of-stake (PoS) networks [2] - The company employs a non-custodial staking model to enhance trust and scalability, while its AI-powered ChainQ analytics platform improves data transparency [2] - Security is a priority, with 98% of crypto assets stored in encrypted cold storage, and proprietary infrastructure is used to optimize performance and efficiency [2] Financial Performance - The company is expected to report a quarterly loss of $0.07 per share, reflecting a year-over-year decline of 75% [3] - Revenue is projected to be $1.7 million, representing a 203.6% increase from the same quarter last year [3] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, indicating that stock price movements may be influenced by trends in earnings estimate revisions [4] Industry Context - BTCS Inc. holds a Zacks Rank of 2 (Buy) within the Zacks Financial - Miscellaneous Services industry [5] - Another company in the same industry, Ponce Financial, closed the last trading session at $14.36, with a 1.4% increase, and has returned 6.6% over the past month [5] - Ponce Financial's consensus EPS estimate has remained unchanged at $0.17, showing a year-over-year change of +21.4% [6]
Post Holdings (POST) Upgraded to Buy: Here's Why
ZACKS· 2025-07-09 17:01
Core Viewpoint - Post Holdings (POST) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which significantly influence stock prices [1][2]. Earnings Estimates and Stock Price Movement - The Zacks rating system emphasizes the correlation between changes in earnings estimates and stock price movements, making it a valuable tool for investors [2][3]. - Institutional investors play a role in this relationship, as they adjust their valuations based on earnings estimates, leading to stock price fluctuations [3]. Business Improvement Indicators - The upgrade in ratings and rising earnings estimates suggest an improvement in Post Holdings' underlying business, which could lead to an increase in stock price as investors respond positively [4]. Earnings Estimate Revisions - For the fiscal year ending September 2025, Post Holdings is projected to earn $6.63 per share, consistent with the previous year's figure, while the Zacks Consensus Estimate has increased by 3.4% over the past three months [7]. Zacks Rank System Overview - The Zacks Rank system categorizes stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [6]. - The upgrade of Post Holdings to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating strong potential for market-beating returns in the near term [9].