Analysts on Wall Street project that Commerce Bancshares (CBSH) will announce quarterly earnings of $1.09 per share in its forthcoming report, representing an increase of 1.9% year over year. Revenues are projected to reach $438.41 million, increasing 4% from the same quarter last year.Over the last 30 days, there has been a downward revision of 0.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial ...

Company Overview - Priority Technology (PRTH) shares increased by 5.2% to close at $7.65, supported by strong trading volume, contrasting with a 3.5% decline over the past four weeks [1] - The company is experiencing a favorable shift in its business mix, particularly benefiting from higher-margin enterprise and B2B businesses [1] Earnings Expectations - The upcoming quarterly earnings report is expected to show earnings of $0.30 per share, reflecting a year-over-year increase of 328.6% [2] - Revenue is projected to reach $253.16 million, marking an 11.5% increase compared to the same quarter last year [2] Earnings Estimate Revisions - The consensus EPS estimate for Priority Technology has been revised 7.1% higher in the last 30 days, indicating a positive trend that typically correlates with stock price appreciation [3] - Monitoring the stock is advised to see if the recent price increase can lead to sustained strength [3] Zacks Rank and Industry Position - Priority Technology holds a Zacks Rank of 1 (Strong Buy), indicating strong market confidence [4] - The company is part of the Zacks Technology Services industry, which includes Owlet, Inc. (OWLT), another stock in the same sector that has seen a 28.3% return in the past month [4]

Core Insights - Rexford Industrial (REXR) is expected to report quarterly earnings of $0.59 per share, unchanged from the previous year, with revenues projected at $247.44 million, reflecting a 2.3% year-over-year increase [1] - Analysts have revised the consensus EPS estimate down by 0.3% over the past 30 days, indicating a collective reassessment of projections [1] Revenue Estimates - Analysts estimate 'Revenues- Rental revenues' at $240.71 million, indicating a 1% year-over-year increase [4] - 'Revenues- Interest income' is expected to reach $6.59 million, showing a significant increase of 100.1% from the year-ago quarter [4] Depreciation and Amortization - The expected figure for 'Depreciation and amortization' is $73.92 million [4] Stock Performance - Rexford Industrial shares have experienced a decline of 5.2% over the past month, contrasting with the S&P 500 composite's increase of 3.5% [4] - The company holds a Zacks Rank of 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [4]

Core Viewpoint - Analysts expect Bank of America (BAC) to report quarterly earnings of $0.94 per share, reflecting a year-over-year increase of 16.1%, with revenues projected at $27.12 billion, up 7% from the previous year [1] Earnings Estimates - The consensus EPS estimate has been adjusted downward by 0.1% over the past 30 days, indicating a reassessment by analysts [1][2] Key Metrics Projections - The 'Efficiency Ratio (FTE basis)' is projected to be 63.1%, down from 64.6% in the same quarter last year [4] - 'Book value per share of common stock' is expected to be $37.63, compared to $35.37 a year ago [4] - 'Total earning assets - Average balance' is estimated at $3068.81 billion, up from $2917.70 billion year-over-year [5] - 'Total nonperforming loans, leases and foreclosed properties' is projected at $6.66 billion, compared to $5.82 billion last year [5][6] - The 'Tier 1 Leverage Ratio' is expected to be 6.7%, down from 6.9% in the same quarter last year [6] - 'Tier 1 Capital Ratio' is projected at 12.7%, compared to 13.2% a year ago [7] - 'Net Interest Income - Fully taxable-equivalent basis' is expected to be $15.23 billion, up from $14.11 billion last year [8] - 'Investment banking fees' are projected to reach $1.62 billion, compared to $1.40 billion in the same quarter last year [9] Performance Comparison - Bank of America's shares have shown a return of -1.9% over the past month, while the Zacks S&P 500 composite has increased by +3.5% [9]

Core Insights - Analysts project that The PNC Financial Services Group, Inc (PNC) will report quarterly earnings of $4.05 per share, reflecting a 16.1% year-over-year increase [1] - Revenue is expected to reach $5.83 billion, marking a 7.3% increase from the same quarter last year [1] Earnings Estimates - The consensus EPS estimate has been revised upward by 0.2% over the past 30 days, indicating a collective reassessment by analysts [2] - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock [3] Key Financial Metrics - Total interest-earning assets are estimated to average $512.89 billion, down from $516.14 billion a year ago [5] - Book value per common share is projected at $134.52, up from $124.56 in the same quarter last year [5] - Total nonperforming assets are expected to be $2.21 billion, down from $2.61 billion a year ago [6] - The efficiency ratio is forecasted at 59.3%, improved from 61.0% in the same quarter last year [6] - Total nonperforming loans are estimated at $2.21 billion, down from $2.58 billion a year ago [6] Capital Ratios - The leverage ratio is expected to reach 9.3%, up from 8.9% a year ago [7] - The Tier 1 risk-based ratio is projected at 11.9%, slightly up from 11.8% in the same quarter last year [7] - Total capital risk-based is estimated at 14.1%, compared to 13.6% a year ago [7] Income Projections - Net interest income (Fully Taxable-Equivalent - FTE) is expected to be $3.69 billion, up from $3.44 billion in the same quarter last year [8] - Total Noninterest Income is projected at $2.13 billion, compared to $2.02 billion in the same quarter last year [8] Segment Performance - Capital markets and advisory revenue is expected to be $357.77 million, down from $371.00 million in the same quarter last year [9] - Card and cash management revenue is projected at $749.79 million, up from $698.00 million a year ago [9] Stock Performance - PNC shares have decreased by 6% over the past month, contrasting with a 3.5% increase in the Zacks S&P 500 composite [10] - PNC holds a Zacks Rank 3 (Hold), indicating expected performance in line with the overall market [10]

Core Insights - Equity Bancshares (EQBK) is expected to report quarterly earnings of $0.99 per share, reflecting a decline of 24.4% year over year, while revenues are forecasted to increase by 25.3% to $69.35 million [1] Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised upward by 8.4%, indicating analysts' reassessment of their initial forecasts [2] - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock performance [3] Key Metrics Forecast - Analysts project a 'Net Interest Margin' of 4.2%, up from 3.9% in the same quarter last year [5] - The 'Efficiency Ratio' is expected to be 63.7%, compared to 54.7% in the same quarter of the previous year [5] - 'Total Non-Interest Income' is estimated at $9.19 million, slightly down from $9.32 million year-over-year [6] - 'Net Interest Income' is projected to reach $60.16 million, up from $46.03 million in the same quarter last year [6] Stock Performance - Equity Bancshares shares have returned -2.4% over the past month, contrasting with a +3.5% change in the Zacks S&P 500 composite [6] - The company holds a Zacks Rank 1 (Strong Buy), suggesting it is expected to outperform the overall market in the near future [6]

Core Insights - Goldman Sachs is expected to report quarterly earnings of $10.93 per share, reflecting a 30.1% increase year-over-year, with revenues projected at $13.99 billion, a 10.2% increase from the previous year [1] Earnings Estimates - The consensus EPS estimate has been revised upward by 2.9% over the past 30 days, indicating analysts have reassessed their projections [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3] Revenue Projections - Analysts estimate 'Net Revenues- Platform Solutions- Consumer platforms' at $614.08 million, an increase of 84.4% year-over-year [5] - 'Net Revenues- Asset & Wealth Management- Debt investments' is projected to be $121.25 million, reflecting a decrease of 31.9% from the previous year [5] - 'Net Revenues- Platform Solutions- Transaction banking and other' is expected to reach $63.56 million, a 9.6% increase year-over-year [6] - 'Net Revenues- Asset & Wealth Management- Private banking and lending' is estimated at $788.57 million, indicating a 4.3% increase [6] - 'Net Revenues- Global Banking & Markets- Equities' is forecasted at $3.85 billion, a 10.1% increase [7] - 'Net Revenues- Global Banking & Markets- FICC' is projected to be $3.17 billion, reflecting a 7.1% increase [7] - 'Net Revenues- Global Banking & Markets- Advisory' is expected to reach $1.24 billion, a 42.1% increase [7] - 'Net Revenues- Global Banking & Markets- Equity underwriting' is estimated at $466.30 million, a 21.1% increase [8] Key Metrics - The consensus estimate for 'Book Value Per Share' is $351.45, up from $332.96 in the same quarter last year [8] - 'Assets Under Supervision (AUS) - Total' is expected to reach $3,335.75 billion, compared to $3,103.00 billion in the same quarter last year [9] - The 'Standardized Capital Rules - Common equity tier 1 capital ratio' is projected at 14.5%, slightly down from 14.6% year-over-year [9] - The expected 'Leverage ratio' is 5.1%, down from 5.5% in the same quarter of the previous year [10] Stock Performance - Shares of Goldman Sachs have increased by 0.9% over the past month, compared to a 4% increase in the Zacks S&P 500 composite [11] - Goldman Sachs holds a Zacks Rank of 3 (Hold), indicating it is expected to perform in line with the overall market [11]

Analysts on Wall Street project that Albertsons Companies, Inc. (ACI) will announce quarterly earnings of $0.39 per share in its forthcoming report, representing a decline of 23.5% year over year. Revenues are projected to reach $18.9 billion, increasing 1.9% from the same quarter last year.The current level reflects an upward revision of 1.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial ...

Core Viewpoint - Hamilton Lane (HLNE) has experienced significant selling pressure, resulting in a 10.4% decline over the past four weeks, but analysts anticipate better earnings than previously expected, indicating a potential turnaround for the stock [1]. Group 1: Technical Analysis - The Relative Strength Index (RSI) is utilized to determine if HLNE is oversold, with a current RSI reading of 27.01, suggesting that the stock may be nearing a reversal point [2][5]. - Stocks oscillate between overbought and oversold conditions, and the RSI helps identify potential price reversals, making it a useful tool for investors seeking entry opportunities [3]. Group 2: Fundamental Analysis - There is a consensus among sell-side analysts that earnings estimates for HLNE have increased by 6.1% over the last 30 days, which typically correlates with price appreciation [7]. - HLNE holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, further supporting the potential for a near-term turnaround [8].

Group 1 - The upcoming report from Acuity (AYI) is expected to reveal quarterly earnings of $4.60 per share, indicating an increase of 7% compared to the year-ago period [1] - Analysts forecast revenues of $1.21 billion, representing an increase of 16.8% year over year [1] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, reflecting analysts' reassessment of their initial estimates [1] Group 2 - Prior to earnings announcements, revisions to earnings estimates are crucial indicators for predicting potential investor actions regarding the stock [2] - Empirical research shows a robust correlation between trends in earnings estimate revision and short-term price performance of a stock [2] Group 3 - Analysts estimate 'Net Sales- Acuity Intelligent Spaces' at $260.99 million, suggesting a change of +211.1% year over year [4] - 'Net Sales- Acuity Brands Lighting (ABL)' is projected to reach $952.68 million, indicating a change of -0.2% year over year [4] Group 4 - 'Adjusted operating profit- Acuity Intelligent Spaces' is expected to be $45.89 million, compared to $21.50 million from the year-ago period [5] - The consensus for 'Adjusted operating profit- Acuity Brands Lighting' is $172.54 million, slightly above the $171.90 million reported in the same quarter last year [5] Group 5 - Over the past month, shares of Acuity have returned +1.5% versus the Zacks S&P 500 composite's +2.7% change [5] - AYI currently carries a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [5]