Core Viewpoint - Enphase Energy, Inc. is expected to report its second-quarter 2025 results on July 22, 2025, with a consensus estimate for earnings per share (EPS) at 62 cents, indicating a year-over-year growth of 44.2% [6][8]. Group 1: Revenue and Product Launches - Enphase Energy has launched several new products in various countries, including the IQ Battery 5P in multiple European nations and IQ8 Microinverters in Japan, which are anticipated to boost quarterly revenues [1][2]. - The Zacks Consensus Estimate for Enphase's second-quarter sales is $356.3 million, reflecting a year-over-year growth of 17.4% [4]. Group 2: Regional Performance - In the United States, lower demand for microinverters may negatively impact overall revenues, while strong sales are expected in the UK and Germany, although reduced demand in France could adversely affect European sales [3]. Group 3: Impact of Tariffs - Newly announced U.S. import tariffs, including a 145% tariff on products from China, are expected to reduce Enphase's gross margin by approximately 2%, although the impact may be mitigated by the use of pre-tariff inventory batteries [5][8]. Group 4: Earnings Prediction - The current Earnings ESP for Enphase Energy is -4.24%, indicating that the model does not predict an earnings beat for this reporting cycle [7].

Core Viewpoint - Phillips 66 is anticipated to report a year-over-year decline in earnings due to lower revenues for the quarter ended June 2025, with a consensus EPS estimate of $1.63, reflecting a -29.4% change, and revenues expected at $30.54 billion, down 21.5% from the previous year [1][3]. Earnings Expectations - The upcoming earnings report is scheduled for July 25, and the stock may rise if the actual results exceed expectations, while a miss could lead to a decline [2]. - The consensus EPS estimate has been revised 0.82% higher in the last 30 days, indicating a slight bullish sentiment among analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP for Phillips 66 is +4.25%, suggesting a higher Most Accurate Estimate compared to the Zacks Consensus Estimate, indicating a likelihood of beating the consensus EPS estimate [12]. - The stock currently holds a Zacks Rank of 3, which further supports the potential for an earnings beat [12]. Historical Performance - In the last reported quarter, Phillips 66 had a surprise of -16.88%, posting a loss of -$0.90 per share against an expected loss of -$0.77 [13]. - Over the past four quarters, the company has surpassed consensus EPS estimates three times [14]. Industry Context - Valero Energy, another player in the oil refining and marketing industry, is expected to report earnings of $1.76 per share for the same quarter, reflecting a -35.1% year-over-year change, with revenues projected at $27.84 billion, down 19.3% [18][19]. - Valero Energy also has a positive Earnings ESP of +1.22% and a Zacks Rank of 3, indicating a similar potential to beat consensus EPS estimates [20].

Core Viewpoint - The market anticipates a year-over-year decline in earnings for Virtus Investment Partners (VRTS) due to lower revenues, with a consensus EPS estimate of $6.12, reflecting a -6.3% change, and expected revenues of $189.24 million, down 6.8% from the previous year [1][3]. Earnings Expectations - The upcoming earnings report is scheduled for July 25, and the stock may rise if actual results exceed expectations, while a miss could lead to a decline [2]. - The consensus EPS estimate has been revised 7.31% higher in the last 30 days, indicating a more optimistic outlook from analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP for Virtus is +2.40%, suggesting analysts have become more bullish on the company's earnings prospects [12]. - A positive Earnings ESP combined with a Zacks Rank of 1 indicates a high likelihood of beating the consensus EPS estimate [10][12]. Historical Performance - In the last reported quarter, Virtus exceeded the expected EPS of $5.33 by delivering $5.73, resulting in a surprise of +7.50% [13]. - Over the past four quarters, Virtus has beaten consensus EPS estimates three times [14]. Industry Context - SEI Investments (SEIC), another player in the Zacks Financial - Investment Management industry, is expected to post earnings of $1.18 per share, reflecting a year-over-year increase of +12.4% [18]. - SEI's revenues are projected to be $561.07 million, up 8.1% from the previous year, with a consensus EPS estimate revised 7.8% higher in the last 30 days [19].

Core Insights - American Express reported $17.86 billion in revenue for Q2 2025, a year-over-year increase of 9.3% and a surprise of +0.95% over the Zacks Consensus Estimate of $17.69 billion [1] - The EPS for the same period was $4.08, compared to $3.49 a year ago, with an EPS surprise of +5.7% over the consensus estimate of $3.86 [1] Financial Performance Metrics - Book value per common share was $44.16, slightly below the estimated $44.84 [4] - Risk-Based Capital Ratios - Basel III - Common Equity Tier 1/Risk Weighted Assets stood at 10.6%, slightly above the estimated 10.5% [4] - Total Card Member loans amounted to $142.28 billion, compared to the average estimate of $143.69 billion [4] - Total non-interest revenues reached $13.67 billion, exceeding the estimated $13.4 billion [4] Market Performance - Shares of American Express returned +6.4% over the past month, outperforming the Zacks S&P 500 composite's +5.4% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]

Core Insights - Regions Financial reported a revenue of $1.91 billion for the quarter ended June 2025, marking a year-over-year increase of 10.1% and exceeding the Zacks Consensus Estimate by 2.8% [1] - The earnings per share (EPS) for the same period was $0.60, up from $0.52 a year ago, representing a surprise of 7.14% over the consensus estimate of $0.56 [1] Financial Performance Metrics - Net interest margin (FTE) was reported at 3.7%, slightly above the average estimate of 3.6% [4] - The efficiency ratio stood at 56%, better than the estimated 56.9% [4] - Net charge-offs as a percentage of average loans were 0.5%, matching the average estimate [4] - Common Equity Tier 1 ratio was 10.7%, in line with the average estimate [4] - Total earning assets averaged $139.66 billion, close to the estimated $139.69 billion [4] - Non-performing assets totaled $808 million, below the average estimate of $899.1 million [4] - Non-performing loans, including loans held for sale, were $792 million, also below the estimated $885.13 million [4] - Leverage ratio was reported at 9.7%, slightly below the average estimate of 9.8% [4] - Tier 1 Capital Ratio was 11.8%, lower than the estimated 12.1% [4] - Total Non-Interest Income reached $646 million, exceeding the average estimate of $621.4 million [4] - Net Interest Income was $1.26 billion, above the estimated $1.2 billion [4] - Net interest income on a taxable equivalent basis was $1.27 billion, surpassing the estimated $1.24 billion [4] Stock Performance - Shares of Regions Financial have returned +11.6% over the past month, outperforming the Zacks S&P 500 composite's +5.4% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Core Viewpoint - Expand Energy (EXE) is positioned to potentially continue its earnings-beat streak, supported by a history of surpassing earnings estimates and a positive Earnings ESP [1][5]. Earnings Performance - For the most recent quarter, Expand Energy reported earnings of $1.85 per share, missing the expected $2.02 per share by 9.19%. In the previous quarter, it exceeded expectations by reporting $0.55 per share against a consensus estimate of $0.53 per share, resulting in a surprise of 3.77% [2]. Earnings Estimates and Predictions - Estimates for Expand Energy have been trending higher due to its earnings surprise history. The stock currently has a positive Earnings ESP of +0.43%, indicating bullish sentiment among analysts regarding its earnings prospects [5][8]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with historical data showing that such combinations lead to positive surprises nearly 70% of the time [6][8]. Importance of Earnings ESP - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions. This metric is crucial for predicting earnings performance ahead of quarterly releases [7][10].

Core Viewpoint - Northern Trust Corporation (NTRS) is expected to report a year-over-year increase in earnings for Q2 2025, with a projected earnings per share of $2.08, reflecting a 16.9% rise from the previous year, despite a decline in revenue anticipated at $1.98 billion, a decrease of 27% year-over-year [1][2][8]. Group 1: Earnings and Revenue Estimates - The Zacks Consensus Estimate for NTRS' second-quarter earnings has been revised upward to $2.08 per share, indicating a 16.9% increase from the year-ago reported number [2]. - The consensus estimate for revenues is pegged at $1.98 billion, indicating a year-over-year decline of 27% [2]. - NTRS is projected to experience a positive earnings surprise history, with an average positive surprise of 7.40% over the last four quarters [2]. Group 2: Net Interest Income and Loans - NTRS' net interest income (NII) is expected to be $576.5 million, reflecting a 1.5% sequential increase, supported by stable funding costs and loan growth [3][8]. - The lending scenario has shown solid demand for loans during the quarter, contributing to the growth in average interest-earning assets, estimated at $139.2 billion, a nearly 1% rise from the prior quarter [4][5]. Group 3: Non-Interest Income and Fees - The Zacks Consensus Estimate for total fee income is pegged at $1.4 billion, indicating a 2.3% increase from the prior quarter [9]. - Custody and fund administration fees are estimated at $464 million, indicating a 2.4% sequential rise, while investment management fees are expected to be $156 million, reflecting a 2.3% increase [6][7]. Group 4: Expenses and Asset Quality - Northern Trust's expenses are anticipated to be high due to increased compensation and investments in equipment and software development [9]. - The Zacks Consensus Estimate for non-performing assets is pegged at $74.6 million, indicating a 2.1% rise on a sequential basis, as the company prepares for potential bad loans amid economic uncertainties [10].

Core Viewpoint - Boston Beer (SAM) is anticipated to report a year-over-year decline in earnings despite an increase in revenues for the quarter ended June 2025, with the actual results being a significant factor influencing its near-term stock price [1][2]. Earnings Expectations - The consensus estimate for Boston Beer is an earnings per share (EPS) of $4.37, reflecting a year-over-year decrease of 0.5%. Revenues are projected to reach $596.75 million, which is a 3.1% increase from the same quarter last year [3]. Estimate Revisions - Over the past 30 days, the consensus EPS estimate has been revised down by 1.04%, indicating a collective reassessment by analysts regarding the company's earnings outlook [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Boston Beer is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -4.15%. This suggests a bearish sentiment among analysts regarding the company's earnings prospects [12]. Historical Performance - In the last reported quarter, Boston Beer was expected to post earnings of $0.78 per share but exceeded expectations with actual earnings of $2.16, resulting in a surprise of +176.92%. Over the last four quarters, the company has beaten consensus EPS estimates twice [13][14]. Investment Considerations - Despite the potential for an earnings beat, Boston Beer does not currently appear to be a compelling candidate for such an outcome, especially given its Zacks Rank of 4, which complicates predictions of beating the consensus EPS estimate [12][17].

Core Viewpoint - Lazard (LAZ) is anticipated to report a year-over-year decline in earnings despite an increase in revenues for the quarter ended June 2025, with the actual results being a significant factor influencing its near-term stock price [1][2]. Earnings Expectations - The upcoming earnings report is expected to reveal quarterly earnings of $0.38 per share, reflecting a year-over-year decrease of 26.9%, while revenues are projected to be $688.5 million, representing a 0.6% increase from the previous year [3]. - The consensus EPS estimate has been revised down by 1.27% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Lazard is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +2.21%, suggesting a likelihood of beating the consensus EPS estimate [11]. - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [9]. Historical Performance - In the last reported quarter, Lazard exceeded the expected earnings of $0.29 per share by delivering $0.56, resulting in a surprise of +93.10% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [13]. Conclusion - Lazard is positioned as a compelling candidate for an earnings beat, but investors should consider additional factors beyond earnings expectations when making investment decisions [16].

Core Viewpoint - The market anticipates Provident Financial (PFS) to report a year-over-year increase in earnings driven by higher revenues for the quarter ending June 2025, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The earnings report is expected on July 24, with a consensus EPS estimate of $0.50, reflecting a significant year-over-year increase of +733.3%. Revenues are projected to be $212.75 million, up 29.9% from the previous year [3]. - The consensus EPS estimate has been revised 1.28% higher in the last 30 days, indicating a positive reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Provident Financial is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +3.03%. However, the stock holds a Zacks Rank of 4, complicating predictions of an earnings beat [12]. - A positive Earnings ESP is generally a strong predictor of an earnings beat, especially when combined with a favorable Zacks Rank [10]. Historical Performance - In the last reported quarter, Provident Financial was expected to post earnings of $0.47 per share but exceeded expectations with earnings of $0.50, resulting in a surprise of +6.38%. However, the company has only beaten consensus EPS estimates once in the last four quarters [13][14]. Conclusion - While the company is not positioned as a compelling earnings-beat candidate, it is essential for investors to consider various factors beyond earnings expectations when making investment decisions [17].