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Check Point (CHKP) Up 2.7% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-08-29 16:31
It has been about a month since the last earnings report for Check Point Software (CHKP) . Shares have added about 2.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Check Point due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.Check Point Software Q2 Earnings Top ...
Why Is Canadian Pacific Kansas City (CP) Up 3.7% Since Last Earnings Report?
ZACKS· 2025-08-29 16:31
Core Viewpoint - Canadian Pacific Kansas City (CP) reported disappointing Q2 2025 earnings, with both earnings and revenues missing estimates, leading to questions about future performance [2][3]. Financial Performance - Q2 earnings per share were 81 cents, missing the Zacks Consensus Estimate by 1.2%, but improved 5.2% year-over-year [3]. - Operating revenues were $2.67 billion, falling short of estimates by 4.3%, yet showing a 1.5% year-over-year increase [3]. - Total Freight revenues per revenue ton miles decreased by 4% year-over-year, and revenues per carload declined by 3% year-over-year [3]. Operating Metrics - Operating income increased by 6%, while total operating expenses grew by 0.9% year-over-year [4]. - The operating ratio improved, falling 110 basis points to 63.7% from 64.8% in the previous year [4]. Segment Performance - Freight revenues, which account for 98.1% of total revenues, increased by 2.7% [5]. - Notable segment changes included Grain (up 12%), Coal (up 8%), and significant declines in Automotive (down 28%) and Metals, minerals and consumer products (down 20%) [5]. Liquidity Position - At the end of Q2, cash and cash equivalents stood at C$799 million, up from C$739 million at the end of Q4 2024 [6]. - Long-term debt increased to C$21.23 billion from C$19.8 billion at the end of Q4 2024 [6]. Future Outlook - The company expects core adjusted combined diluted earnings per share to grow by 10-14% in 2025, targeting C$4.25 per share [7]. - Anticipated capital expenditures for 2025 are C$2.9 billion, with a projected effective tax rate of 24.5% [7]. - Despite ongoing tariff and trade policy uncertainties, the company expects mid-single-digit growth in revenue ton miles (RTMs) from 2024 [7]. Estimate Trends - Estimates for the company have trended downward over the past month, indicating a negative shift in expectations [8][11]. - The stock currently holds a Zacks Rank 3 (Hold), suggesting an expectation of in-line returns in the coming months [11]. Industry Comparison - Canadian Pacific Kansas City is part of the Zacks Transportation - Rail industry, where Union Pacific (UNP) reported a revenue increase of 2.4% year-over-year, with Q2 revenues of $6.15 billion [12]. - Union Pacific's expected earnings for the current quarter indicate an 8% year-over-year increase, with a Zacks Rank 3 (Hold) as well [13].
Ulta (ULTA) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2025-08-28 23:01
Group 1 - Ulta Beauty reported revenue of $2.79 billion for the quarter ended July 2025, reflecting a year-over-year increase of 9.3% [1] - The company's EPS for the quarter was $5.78, up from $5.30 in the same quarter last year, indicating a strong performance [1] - The reported revenue exceeded the Zacks Consensus Estimate of $2.65 billion by 5.1%, and the EPS surpassed the consensus estimate of $5.03 by 14.91% [1] Group 2 - Comparable sales increased by 6.7% year-over-year, significantly higher than the average estimate of 2.2% from nine analysts [4] - The total number of stores open at the end of the quarter was 1,473, surpassing the average estimate of 1,466 from seven analysts [4] - The company opened 24 new stores during the quarter, exceeding the average estimate of 13 based on five analysts [4] Group 3 - Total gross square footage at the end of the quarter was 15,353.55 thousand square feet, compared to the average estimate of 15,293.55 thousand square feet [4] - Net sales per average total square footage were $181.62, higher than the estimated $175.52 from four analysts [4] - Ulta's stock has returned +3.2% over the past month, outperforming the Zacks S&P 500 composite's +1.5% change [3]
Why Is Lithia Motors (LAD) Up 18.9% Since Last Earnings Report?
ZACKS· 2025-08-28 16:31
Company Performance - Lithia Motors reported Q2 2025 adjusted earnings per share of $10.24, up from $7.87 in the prior year, exceeding the Zacks Consensus Estimate of $9.78 [3] - Revenues for the quarter reached $9.58 billion, a 3.7% year-over-year increase, also surpassing the Zacks Consensus Estimate of $9.53 billion [3] - New vehicle retail revenues increased 2.2% year over year to $4.5 billion, although it fell short of the estimate of $4.75 billion [4] - Used vehicle retail revenues rose 3.6% year over year to $3.1 billion, exceeding the estimate of $2.9 billion [5] - Revenues from used vehicle wholesale surged 32.3% to $383 million, outperforming the estimate of $340 million [6] - Same-store new vehicle revenues increased by 2% year over year, while same-store used vehicle retail sales rose 6.5% [7] Financial Metrics - Cost of sales increased by 3.7% year over year, with SG&A expenses reported at $1.01 billion [8] - Adjusted SG&A as a percentage of gross profit decreased to 67.7% from 67.9% in the prior year [8] - The company announced a dividend of 55 cents per share, payable on August 22, 2025 [9] - As of June 30, 2025, Lithia had cash and cash equivalents of $404.4 million, up from $402.2 million at the end of 2024 [10] - Long-term debt increased to $6.7 billion from $6.1 billion as of December 31, 2024 [10] Market Outlook - Lithia Motors has a Zacks Rank of 3 (Hold), indicating an expectation of an in-line return in the coming months [14] - The stock has an average Growth Score of C, a Momentum Score of D, and a Value Score of A, resulting in an aggregate VGM Score of B [13] - In comparison, AutoNation, a peer in the automotive retail industry, reported revenues of $6.97 billion for the last quarter, reflecting a year-over-year increase of 7.6% [15]
Ooma Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2025-08-26 11:12
Core Viewpoint - Ooma, Inc. is set to release its second-quarter earnings results, with analysts expecting an increase in earnings per share and revenue compared to the previous year [1]. Financial Performance - Analysts anticipate Ooma will report quarterly earnings of 20 cents per share, up from 15 cents per share in the same period last year [1]. - The projected quarterly revenue is $65.72 million, compared to $64.13 million a year earlier [1]. Stock Performance - Ooma shares experienced a decline of 0.5%, closing at $11.98 on Monday [2]. Analyst Ratings - Citizens Capital Markets analyst Patrick Walravens reiterated a Market Perform rating on March 5, 2025, with an accuracy rate of 60% [4]. - Northland Capital Markets analyst Michael Latimore maintained an Outperform rating and raised the price target from $16 to $18 on December 5, 2024, with an accuracy rate of 63% [4].
Top Wall Street Forecasters Revamp KE Holdings Expectations Ahead Of Q2 Earnings
Benzinga· 2025-08-25 09:12
KE Holdings Inc. BEKE will release earnings results for the second quarter, before the opening bell on Tuesday, Aug. 26.Analysts expect the Hollywood, Florida-based company to report quarterly earnings at $1.14 per share, up from 97 cents per share in the year-ago period. KE Holdings projects to report quarterly revenue of $1.12 billion, compared to $992.25 million a year earlier, according to data from Benzinga Pro.On May 15, the company said net revenues for the first quarter rose 42.4% year-over-year (Y/ ...
Plexus (PLXS) Up 10.4% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-08-22 16:36
Core Viewpoint - Plexus reported strong Q3 fiscal 2025 earnings, with adjusted EPS of $1.90, surpassing estimates and showing significant year-over-year growth [3][15]. Financial Performance - Q3 adjusted EPS was $1.90 compared to $1.45 in the same quarter last year, beating the Zacks Consensus Estimate of $1.71 [3]. - Revenues reached $1.018 billion, a nearly 6% increase year-over-year, but slightly missed the Zacks Consensus Estimate of $1.021 billion [4]. - The company announced 41 manufacturing program wins, expected to contribute $250 million in annualized revenues once fully ramped [5]. Market Sector Analysis - Industrial sector revenues increased 3% year-over-year to $415 million, contributing 41% to total revenues [6]. - Healthcare/Life Sciences revenues rose 10.5% to $420 million, also contributing 41% to total revenues [7]. - Aerospace/Defense revenues inched up 2.8% to $183 million, contributing 18% to total revenues [8]. Operating Metrics - Gross profit on a GAAP basis increased 9.4% year-over-year to $103.3 million, with a gross margin of 10.1% [10]. - Selling and administrative expenses rose 8.1% to $49.7 million, while adjusted operating margin expanded to 6% [10]. Cash Flow and Balance Sheet - As of June 28, 2025, cash and cash equivalents were $237.6 million, down from $310.5 million as of March 29 [12]. - Long-term debt increased to $92.2 million from $88.8 million [12]. - Cash flows from operations were $26.9 million, with free cash flow reported at $13.2 million [12]. Share Repurchase and Future Outlook - The company repurchased $18.4 million worth of shares and added $100 million to its buyback authorization [13]. - For Q4 fiscal 2025, revenues are anticipated to be between $1.025 billion and $1.065 billion, with non-GAAP EPS expected in the range of $1.82-$1.97 [14]. Market Sentiment - Estimates for Plexus have been trending upward since the earnings release, indicating positive investor sentiment [15][17]. - The stock has a VGM Score of A, reflecting strong growth potential, though it lags slightly in momentum [16].
Why Is TE Connectivity (TEL) Down 2.6% Since Last Earnings Report?
ZACKS· 2025-08-22 16:35
Core Viewpoint - TE Connectivity reported strong third-quarter fiscal 2025 earnings, with adjusted earnings per share of $2.27, an 18.8% increase year-over-year, and net sales of $4.53 billion, a 14% increase year-over-year, indicating positive growth trends despite recent stock performance under the S&P 500 [3][11]. Financial Performance - Adjusted earnings of $2.27 per share beat the Zacks Consensus Estimate by 9.13% [3]. - Net sales of $4.53 billion exceeded consensus estimates by 5.2%, with a 14% increase reported and 9% organic growth year-over-year [3]. - Orders totaled $4.5 billion, reflecting a 6% increase both year-over-year and sequentially [4]. Segment Performance - The Transportation solutions segment generated revenues of $2.42 billion, contributing 53.3% to net sales, with a 2.8% year-over-year increase [5]. - Automotive sales increased by 3.3% year-over-year, supported by strong demand in Asia [5]. - The Industrial Solutions segment generated revenues of $2.12 billion, representing a 30% year-over-year increase [6]. - Digital Data Networks, Automation & Connected Living, Aerospace, Defense and Marine, and Energy segments saw significant year-over-year growth of 84.2%, 10%, 8.4%, and 69.9%, respectively [7]. Operating Metrics - GAAP gross margin expanded by 50 basis points year-over-year to 35.3% [8]. - Adjusted operating margin increased by 60 basis points year-over-year to 19.9% [8]. - Research, development, and engineering expenses as a percentage of net sales contracted by 10 basis points to 4.7% [8]. Balance Sheet and Cash Flow - Cash and cash equivalents decreased to $672 million from $2.55 billion [9]. - Long-term debt increased to $4.85 billion from $3.26 billion [9]. - Cash generated from operations was $1.2 billion, up from $0.7 billion in the previous quarter [9]. - Free cash flow rose to $962 million from $424 million in the previous quarter [10]. Future Guidance - TE Connectivity expects fiscal fourth-quarter net sales to increase by 12% year-over-year to $4.55 billion, with adjusted earnings projected to grow by 16% year-over-year to $2.27 per share [11]. - Estimates have trended upward, with a 7.14% shift in consensus estimates over the past month [12]. Investment Outlook - TE Connectivity holds a Zacks Rank 2 (Buy), indicating expectations for above-average returns in the coming months [14].
Alaska Air (ALK) Up 8.1% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-08-22 16:31
Core Viewpoint - Alaska Air Group (ALK) reported a mixed performance in its Q2 2025 earnings, with earnings per share beating estimates but showing a significant year-over-year decline. The company is facing challenges in maintaining profitability amid rising operating costs and a slight decrease in load factor [2][5][12]. Financial Performance - Q2 2025 earnings per share were $1.78, exceeding the Zacks Consensus Estimate of $1.56 but down 30.2% year-over-year [2]. - Operating revenues reached $3.70 billion, surpassing the Zacks Consensus Estimate of $3.65 billion, and increased by 27.8% year-over-year, with passenger revenues contributing 90.5% of the total and rising by 27% [2][3]. - Total operating expenses grew by 33% to $3.42 billion, while economic fuel prices decreased by 15.8% to $2.39 per gallon [6]. Revenue Breakdown - Passenger revenues totaled $3.35 billion, while cargo and other revenues increased by 93% to $139 million. Loyalty program revenues grew by 21% year-over-year to $210 million [3]. - Revenue per available seat mile (RASM) fell by 3.3% to 15.39 cents, and yield decreased by 4% to 16.62 cents [4]. Capacity and Traffic - Consolidated traffic, measured in revenue passenger miles, grew by 31.8% to 20.17 billion, while capacity, measured in average seat miles, rose by 32.2% to 24.05 billion [5]. - The load factor decreased to 83.9% from 84.1% in the prior year, indicating that traffic growth did not keep pace with capacity expansion [5]. Liquidity and Debt - As of June 30, 2025, Alaska Air had $750 million in cash and cash equivalents, down from $1.04 billion in the previous quarter. Long-term debt increased to $4.44 billion from $4.29 billion [7]. - The debt-to-capitalization ratio stood at 60% at the end of the reported quarter [7]. Future Outlook - For Q3 2025, Alaska Air anticipates adjusted earnings per share in the range of $1.00-$1.40, with the Zacks Consensus Estimate at $1.55 per share. Available seat miles are expected to decrease by 1% year-over-year [8]. - The company projects adjusted earnings per share for 2025 to exceed $3.25, with available seat miles expected to increase by 2% from 2024 [9]. Estimate Revisions - There has been a downward trend in estimates, with the consensus estimate shifting down by 13.91% over the past month [10]. - Alaska Air currently holds a Zacks Rank 3 (Hold), indicating an expectation of in-line returns in the coming months [12]. Industry Comparison - Alaska Air is part of the Zacks Transportation - Airline industry, where Delta Air Lines (DAL) reported a slight revenue decline of 0.1% year-over-year, with an EPS of $2.10 compared to $2.36 a year ago [13].
Why Is CSX (CSX) Up 2.5% Since Last Earnings Report?
ZACKS· 2025-08-22 16:31
Core Viewpoint - CSX's recent earnings report showed a mixed performance, with a slight increase in share price but a decline in key financial metrics, raising questions about future performance leading up to the next earnings release [1]. Financial Performance - Quarterly earnings per share were 44 cents, beating the Zacks Consensus Estimate of 42 cents, but decreased by 10.2% year-over-year due to lower revenues [2]. - Total revenues amounted to $3.57 million, missing the Zacks Consensus Estimate of $3.58 million, and declined by 3.4% year-over-year, attributed to lower export coal prices, reduced fuel surcharge, and a decline in merchandise volume [3]. - Operating income decreased by 11% year-over-year to $1.28 billion, with an operating margin of 35.9%, down 320 basis points year-over-year [3]. - Total expenses increased by 2% year-over-year to $2.29 billion, while overall volumes rose marginally by 0.1% year-over-year, but revenue per unit decreased by 4% year-over-year [4]. Segmental Performance - Merchandise revenues fell by 2% year-over-year to $2.25 billion, with merchandise volumes also down by 2% year-over-year [5]. - Intermodal revenues decreased by 3% year-over-year to $491 million, with segmental volumes increasing by 2% but revenue per unit decreasing by 5% year-over-year [5]. - Coal revenues fell by 15% year-over-year to $477 million, with coal volumes increasing by 1% but segmental revenue per unit declining by 16% year-over-year [6]. - Trucking revenues totaled $211 million, down by 5% year-over-year, while other revenues grew by 20% year-over-year to $138 million [6]. Liquidity and Guidance - CSX ended the second quarter of 2025 with cash and cash equivalents of $387 million, down from $1.14 billion at the end of the prior quarter, while long-term debt remained flat at $18.5 billion [7]. - For 2025, CSX expects total volume growth and anticipates lesser year-over-year revenue headwinds from lower export coal benchmarks and diesel prices in the second half of 2025 [8]. Market Sentiment and Estimates - There has been a downward trend in estimates for CSX over the past month, indicating a cautious outlook among investors [9]. - CSX currently holds a poor Growth Score of F, a Momentum Score of B, and a Value Score of D, placing it in the bottom 40% for the value investment strategy [10]. - Overall, CSX has a Zacks Rank of 3 (Hold), suggesting an expectation of an in-line return from the stock in the coming months [11].