Core Insights - The Goldman Sachs Group, Inc. reported third-quarter 2025 adjusted earnings per share of $12.25, exceeding the Zacks Consensus Estimate of $11.11 and up from $8.40 in the same quarter last year [1][9] - Despite strong earnings, shares fell 2.2% in pre-market trading following the results [1] Revenue and Earnings Performance - Net revenues increased by 20% year over year to $15.2 billion, surpassing the Zacks Consensus Estimate by 7.4% [4][9] - Net earnings on a GAAP basis rose 37% from the prior-year quarter to $4.1 billion [3] - Investment banking fees surged 42% year over year to $2.7 billion, with advisory fees increasing by 60% [2][9] Segment Performance - The Global Banking & Markets division generated revenues of $10.1 billion, an 18% increase year over year, driven by strong performances in equities and fixed income [6] - The Asset & Wealth Management division reported revenues of $4.4 billion, up 17% year over year, attributed to higher management fees and net revenues in private banking [5] - The Platform Solutions division saw revenues soar by 71% year over year to $670 million [6] Expenses and Provisions - Total operating expenses rose 14% year over year to $9.5 billion [4] - Provision for credit losses decreased by 15% from the prior-year quarter to $339 million [4] Capital and Shareholder Returns - The Common Equity Tier 1 capital ratio declined to 14.4% from 15.5% year over year [7] - The company returned $3.25 billion to common shareholders, including $2 billion in share repurchases and $1.3 billion in dividends [8] Future Outlook - The results indicate a strong quarter with resilient revenues and improved profitability, supported by active client engagement and a solid position in mergers and acquisitions [11]

Core Viewpoint - Goldman Sachs is expected to report strong third-quarter earnings, benefiting from favorable market conditions and increased investment banking activity [1][2]. Group 1: Market Trends - Trading desks across Wall Street have gained from President Trump's tariff policies, which have created volatility in various markets including bonds, currencies, commodities, and stocks [1]. - Investment banking activity, including mergers and IPOs, has seen a revenue increase of 22% year-over-year in the third quarter [2]. Group 2: Company Performance - Goldman Sachs derives the majority of its revenue from trading and investment banking, leading to significant returns during favorable market conditions [2]. - The firm announced the acquisition of Industry Ventures, a venture capital firm with $7 billion in assets under supervision, to enhance its asset management division [3]. - Shares of Goldman Sachs have increased by 37% this year [3]. Group 3: Financial Metrics - Earnings per share are projected at $11, with total revenue expected to be $14.1 billion [4]. - Trading revenue is broken down into Fixed Income at $3.19 billion and Equities at $3.9 billion [4]. - Investment banking fees are anticipated to be $2.15 billion [4].

Core Viewpoint - The earnings season is commencing with significant reports from major banks and tech companies, indicating a pivotal week for stock performance [1]. Earnings Reports - Key companies reporting this week include Bank of America (BAC), Taiwan Semiconductor (TSM), JP Morgan (JPM), Wells Fargo (WFC), Citigroup (C), Morgan Stanley (MS), Goldman Sachs (GS), Johnson & Johnson (JNJ), and ASML Holdings (ASML) [1]. Implied Volatility - Prior to earnings announcements, implied volatility tends to be high due to market uncertainty, leading to increased demand for options [2]. - After earnings announcements, implied volatility typically decreases to normal levels [3]. Expected Price Movements - The expected price range for stocks can be estimated by summing the prices of at-the-money put and call options [3]. - Expected price movements for specific stocks are as follows: - Monday: FAST – 5.6% - Tuesday: C – 5.6%, GS – 5.6%, JNJ – 3.3%, JPM – 5.0%, WFC – 5.3% - Wednesday: ASML – 7.9%, BAC – 5.0%, MS – 5.1% - Thursday: IBKR – 6.5%, ISRG – 8.7%, SCHW – 5.7%, TSM – 6.8% - Friday: AXP – 5.3%, SLB – 5.5% [4]. Trading Strategies - Traders can utilize expected price movements to structure their trades, with bearish traders selling bear call spreads and bullish traders selling bull put spreads or using naked puts [5]. - Neutral traders may consider iron condors, ensuring short strikes remain outside the expected range [5]. Risk Management - It is advisable to employ risk-defined strategies and maintain small position sizes when trading options over earnings [6]. - A full loss from a trade should ideally not impact the portfolio by more than 1-3% [6]. High Implied Volatility Stocks - A stock screener can identify stocks with high implied volatility, using filters such as total call volume greater than 5,000, market cap over 40 billion, and IV rank above 60% [7].

Company Overview - MGM Resorts International has a market cap of $8.8 billion and operates iconic resorts including Bellagio, MGM Grand, Mandalay Bay, and The Mirage, through four segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital [1] Q3 2025 Earnings Expectations - The company is expected to announce its Q3 2025 results on October 29, with analysts predicting an adjusted EPS of $0.42, a decrease of 22.2% from $0.54 in the same quarter last year [2] - MGM Resorts has exceeded Wall Street's earnings estimates in three of the last four quarters, missing on one occasion [2] Fiscal 2025 and 2026 Projections - For fiscal 2025, analysts anticipate an adjusted EPS of $2.43, down 6.2% from $2.59 in fiscal 2024, but expect a year-over-year growth of 14.8% to $2.79 in fiscal 2026 [3] Stock Performance - MGM Resorts shares have declined by 18.4% over the past 52 weeks, underperforming the S&P 500 Index's gain of 16.8% and the Consumer Discretionary Select Sector SPDR Fund's increase of 19.2% [4] Recent Earnings Report - In Q2 2025, MGM reported an adjusted EPS of $0.79 and revenue of $4.4 billion, but shares fell 3.8% the following day despite beating estimates [5] - Adjusted EPS decreased from $0.86 a year earlier, with Las Vegas Strip revenues dropping 4% to $2.11 billion and EBITDAR down 9% due to room remodel disruptions and lower table games hold [5] - MGM Digital experienced a larger EBITDAR loss of $25.7 million, raising concerns among analysts [5] Analyst Ratings - The consensus view on MGM stock is cautiously optimistic, with a "Moderate Buy" rating from 20 analysts: 11 recommend "Strong Buy," 8 suggest "Hold," and 1 advises "Strong Sell" [6] - The average analyst price target for MGM Resorts is $47.20, indicating a potential upside of 46.4% from current levels [6]

Core Insights - The articles primarily serve informational and educational purposes, emphasizing that the information should not be construed as investment advice or recommendations [1][2] Group 1 - The information is sourced from what is believed to be reliable sources, but there is no guarantee regarding its accuracy or timeliness [1] - Historical investment performances are not indicative of future success or performance [1] - The articles mention that authors or presenters may own the stocks discussed, which could influence the information provided [1] Group 2 - Real-time prices and ownership data are sourced from Nasdaq Last Sale and LSEG, respectively, while estimate data is provided by FactSet [2] - Various trademarks related to Investor's Business Daily are noted, indicating the brand's presence in the financial information sector [2]

Core Insights - Neogen Corporation (NEOG) reported first-quarter fiscal 2026 adjusted earnings per share (EPS) of 4 cents, missing the Zacks Consensus Estimate by 20% and reflecting a 42.9% decline from the previous year [1][10] - Revenues for the quarter decreased 3.6% year-over-year to $209.2 million, with core revenues increasing by 0.3% [2][10] - Following the earnings announcement, NEOG stock rose by 16.5% to close at $6.78 [2] Revenue Breakdown - The Food Safety segment generated revenues of $152.1 million, a 4.6% decrease year-over-year, with a core revenue decline of 1.7% [3][4] - The Animal Safety segment reported revenues of $57.1 million, down 0.8% year-over-year, but core revenues increased by 5.8% [5] - The Genomics business returned to positive core revenue growth in the mid-single-digit range [6] Margin and Expense Analysis - Gross profit declined 9.5% year-over-year to $95 million, with gross margin contracting by 296 basis points to 45.4% [7] - Sales and marketing expenses were $45 million, down 1.6% year-over-year, while administrative expenses increased by 17.8% to $61 million [8] Cash Position and Liabilities - Neogen's cash and cash equivalents at the end of the first quarter totaled $138.9 million, up from $129 million at the end of the previous quarter [9] - The company has total outstanding debt of $800 million and a committed borrowing headroom of $201.5 million [9] Fiscal 2026 Outlook - Neogen reaffirmed its fiscal 2026 revenue projections of $820-$840 million, with adjusted EBITDA expected to be between $165 million and $175 million [11][10] - Capital expenditures are projected to be around $50 million [11] Performance Summary - The company ended the first quarter with mixed results, as earnings missed expectations while revenues exceeded estimates [12] - Execution challenges have impacted performance, but the company is focusing on commercial excellence and cost structure improvements [12][13]

Earnings Results - Hancock Whitney Corporation is set to release its third-quarter earnings results on October 14, with analysts expecting earnings of $1.43 per share, an increase from $1.33 per share in the same period last year [1] - The company projects quarterly revenue of $391.24 million, compared to $370.35 million a year earlier [1] Recent Performance - On July 15, Hancock Whitney reported better-than-expected results for the second quarter, although its shares fell by 1.7% to close at $61.76 on Thursday [2] Analyst Ratings - Raymond James analyst Michael Rose maintained a Strong Buy rating and raised the price target from $68 to $73 [4] - DA Davidson analyst Gary Tenner maintained a Buy rating and increased the price target from $65 to $67 [4] - Piper Sandler analyst Stephen Scouten maintained an Overweight rating and raised the price target from $70 to $72 [4] - Keefe, Bruyette & Woods analyst Catherine Mealor maintained a Market Perform rating and increased the price target from $63 to $64 [4] - Stephens & Co. analyst Matt Olney maintained an Overweight rating but cut the price target from $73 to $69 [4]

Company Overview - Amgen Inc. (AMGN) is a leading global biotechnology company with a market cap of $158.6 billion, headquartered in Thousand Oaks, California, focusing on innovative human therapeutics for serious illnesses, particularly in oncology, nephrology, cardiovascular disease, and inflammation [1] Earnings Expectations - Amgen is expected to release its fiscal Q3 2025 earnings results on November 4, with analysts predicting a profit of $5.01 per share, which represents a 10.2% decrease from $5.58 per share in the same quarter last year [2] - For fiscal 2025, analysts forecast an EPS of $21.10, indicating a 6.4% increase from $19.84 in fiscal 2024 [3] Stock Performance - Over the past 52 weeks, Amgen's stock has declined by 8.4%, underperforming the S&P 500 Index, which gained 16.3%, and the Health Care Select Sector SPDR Fund, which saw a 6% dip [4] Recent Developments - On October 1, Amgen's shares surged by 6.4% following the announcement of a $650 million investment to expand its U.S. biologics manufacturing facility in Juncos, which is expected to create nearly 750 new jobs, emphasizing the company's commitment to U.S. biomanufacturing and global supply chain strength [5] Analyst Ratings - The consensus rating for AMGN stock is "Moderate Buy," with 33 analysts covering the stock, including 12 "Strong Buys," 2 "Moderate Buys," 16 "Holds," 1 "Moderate Sell," and 2 "Strong Sells." The average analyst price target for AMGN is $315.26, suggesting a potential upside of 6.7% from current levels [6]

Core Insights - Meta Platforms, Inc. (META) is valued at a market cap of $1.8 trillion and operates major social media platforms including Facebook, Instagram, WhatsApp, Messenger, and Threads [1] - The company is set to announce its fiscal Q3 earnings for 2025 on October 29, 2023 [1] Financial Performance - Analysts expect META to report a profit of $6.74 per share for Q3 2025, an increase of 11.8% from $6.03 per share in the same quarter last year [2] - For fiscal 2025, the expected profit is $28.14 per share, representing a 17.9% increase from $23.86 per share in fiscal 2024 [3] - EPS is projected to grow 5.6% year-over-year to $29.71 in fiscal 2026 [3] Stock Performance - META's stock has increased by 21.1% over the past 52 weeks, outperforming the S&P 500 Index's return of 17.4% but lagging behind the Communication Services Select Sector SPDR Fund's 27.8% increase [4] - Following better-than-expected Q2 results, META's shares rose by 11.3% in the subsequent trading session [5] Analyst Ratings - Wall Street analysts have a "Strong Buy" rating for META, with 47 out of 57 analysts recommending "Strong Buy" [6] - The mean price target for META is $872, indicating a potential upside of 21.5% from current levels [6]

Core Viewpoint - Invesco Ltd. is set to announce its fiscal third-quarter earnings for 2025, with analysts projecting a profit increase compared to the previous year [1][2]. Financial Performance - Analysts expect Invesco to report earnings per share (EPS) of $0.46, reflecting a 4.6% increase from $0.44 in the same quarter last year [2]. - For the full fiscal year, EPS is anticipated to be $1.82, which is a 6.4% rise from $1.71 in fiscal 2024, and projected to increase by 30.2% to $2.37 in fiscal 2026 [3]. Stock Performance - Invesco's stock has outperformed the S&P 500 Index, gaining 38.3% over the past 52 weeks compared to the index's 17.4% increase [4]. - The stock also surpassed the Financial Select Sector SPDR Fund's 18% gains during the same period [4]. Recent Earnings Report - Following the Q2 earnings report on July 22, Invesco shares rose by 5.2%, with net revenue increasing by 1.7% year-over-year to $1.1 billion, attributed to higher investment management fees [5]. - Assets under management (AUM) reached a record $2 trillion, marking a 16.6% increase from the previous year due to strong net inflows [5]. - However, adjusted EPS fell by 16.3% to $0.36, missing estimates by 12.2% [5]. Analyst Ratings - The consensus opinion on Invesco stock is cautious, with a "Hold" rating from 16 analysts, of which three recommend a "Strong Buy" and 13 suggest a "Hold" [6]. - The average analyst price target for Invesco is $24.34, indicating a potential upside of 1.4% from current levels [6].