Core Viewpoint - Iron Mountain (IRM) reported quarterly earnings of $1.24 per share, exceeding the Zacks Consensus Estimate of $1.19 per share, and showing significant growth from $0.42 per share a year ago, indicating a positive earnings surprise of +4.20% [1] Financial Performance - The company achieved revenues of $1.71 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.10%, compared to $1.53 billion in the same quarter last year [2] - Over the last four quarters, Iron Mountain has exceeded consensus EPS estimates only once, and it has topped consensus revenue estimates two times [2] Stock Performance and Outlook - Iron Mountain shares have declined approximately 9.1% since the beginning of the year, contrasting with the S&P 500's gain of 7.1% [3] - The future performance of the stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [4][6] Earnings Estimates - The current consensus EPS estimate for the upcoming quarter is $1.28, with expected revenues of $1.74 billion, and for the current fiscal year, the estimate is $5.01 on revenues of $6.79 billion [7] Industry Context - The Business - Information Services industry, to which Iron Mountain belongs, is currently ranked in the top 24% of over 250 Zacks industries, suggesting a favorable industry outlook that can positively influence stock performance [8]

Key Takeaways Sempra Energy (SRE) is scheduled to release its second-quarter 2025 results on Aug. 7, before market open. The company delivered an earnings surprise of 19.01% in the last reported quarter. However, SRE has a negative four-quarter average earnings surprise of 2.07%. Let's discuss the factors that are likely to be reflected in the upcoming quarterly results. What Our Model Predicts for SRE Factors at Play Ahead of SRE's Q2 Results The majority of SRE's service territories experienced warmer-tha ...

Core Insights - Zoetis reported revenue of $2.46 billion for the quarter ended June 2025, marking a year-over-year increase of 4.2% and an EPS of $1.76, up from $1.56 a year ago, exceeding both revenue and EPS estimates [1] Financial Performance - The reported revenue of $2.46 billion surpassed the Zacks Consensus Estimate of $2.4 billion by 2.44% [1] - The EPS surprise was +8.64%, with the consensus EPS estimate being $1.62 [1] Geographic Revenue Breakdown - U.S. Revenue: $1.36 billion, exceeding the average estimate of $1.33 billion, reflecting a year-over-year increase of 3.7% [4] - International Revenue: $1.07 billion, slightly above the estimated $1.05 billion, with a year-over-year change of +3.4% [4] - Companion Animal Revenue: $1.79 billion, surpassing the average estimate of $1.76 billion, showing an increase of 8.4% year-over-year [4] - Livestock Revenue: $638 million, slightly above the estimated $625.62 million, but down 8.1% compared to the previous year [4] Segment Performance - Contract Manufacturing & Human Health: Revenue of $34 million, significantly above the average estimate of $21.18 million, representing an 88.9% year-over-year increase [4] - Companion Animal - Horses: Revenue of $72 million, exceeding the estimate of $29.58 million, with a year-over-year increase of 5.9% [4] - Livestock - Poultry: Revenue of $103 million, below the average estimate of $115.27 million, reflecting a year-over-year decline of 22% [4] - Livestock - Cattle: Revenue of $320 million, above the estimate of $294.87 million, but down 8.6% year-over-year [4]

Core Insights - American Airlines (AAL) shares are considered undervalued within the Zacks Transportation - Airline industry, holding a Value Score of A [1] - AAL's stock is trading at a forward 12-month price-to-sales (P/S) ratio of 0.13X, significantly lower than the industry average of 0.6X and cheaper than competitors like Delta Air Lines (DAL) and United Airlines (UAL) [1][8] Financial Performance - AAL's fuel costs decreased by 13% to $2.67 billion in Q2 2025, aided by lower crude oil prices, which supports margins and pricing flexibility [4][8] - The company has a history of beating earnings expectations, with an average earnings surprise of 50% over the last four quarters [5] - AAL's adjusted EPS outlook for 2025 has been revised down to a range of a loss of $0.20 to a profit of $0.80, compared to a previous forecast of $1.70 to $2.70 [9] Challenges - AAL faces sluggish air travel demand, with an unimpressive outlook for Q3 2025, expecting a loss per share of $0.10 to $0.60 [6][8] - The company has a high debt load, with long-term debt at $25.3 billion and a debt-to-capitalization ratio of 94.9%, significantly above the industry average of 56.6% [9] - Labor costs have escalated, with expenses on salaries and wages increasing by 10.9% year-over-year in Q2 2025, impacting profitability [10] Market Performance - AAL's stock has declined by 35.4% year-to-date, contrasting with the industry's slight growth of 0.1% [10] - Earnings estimates for AAL have been revised downward for Q3 2025, Q4 2025, full-year 2025, and 2026 due to the aforementioned challenges [13] Investment Outlook - Despite attractive valuation and low fuel costs, uncertainty surrounding trade tensions and declining earnings estimates suggest it may not be an opportune time to buy AAL stock [14][15] - Investors are advised to monitor developments closely for a more favorable entry point [15]

Core Viewpoint - Murphy Oil Corporation (MUR) is expected to report its second-quarter 2025 results on August 6, with a prior earnings surprise of 16.7% in the last quarter [1] Group 1: Factors Impacting Q2 Results - Quarterly earnings are anticipated to benefit from increased production in both domestic and international assets, along with new wells added in the first and second quarters [2] - The overall financial performance and free cash flow have improved due to production increases from a diverse, low breakeven North American portfolio, allowing for enhanced shareholder returns through stock repurchases [3] - A five-year agreement with BW Offshore finalized in March 2025 is expected to increase offshore net proved reserves by 5% and reduce annual net operating costs by $50 million [4] - Increased capital investments are likely to further enhance offshore operations and contribute positively to second-quarter performance [4] - Ongoing debt-reduction initiatives are expected to lower capital servicing expenses, thereby improving margins [5] Group 2: Q2 Expectations - The Zacks Consensus Estimate for earnings is set at 21 cents per share, reflecting a year-over-year decrease of 74.1%, while revenues are estimated at $638.47 million, indicating a decrease of 20.5% year over year [6] - Quarterly production, excluding NCI, is anticipated to be between 177,000 and 185,000 barrels of oil equivalent per day (MBOEPD), with 48% expected to be oil [7] - The Zacks Consensus Estimate for production is pegged at 184.57 MBOEPD [7] Group 3: Earnings Prediction - The current model does not predict an earnings beat for Murphy Oil, with an Earnings ESP of 0.00% and a Zacks Rank of 3 [8][9] - Despite the positive factors, the combination of metrics does not indicate a likelihood of an earnings surprise this quarter [8]

Core Insights - JBT Marel (JBTM) reported quarterly earnings of $1.49 per share, exceeding the Zacks Consensus Estimate of $1.27 per share, and up from $1.05 per share a year ago, representing an earnings surprise of +17.32% [1] - The company posted revenues of $934.8 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 4.01%, and significantly higher than year-ago revenues of $402.3 million [2] - JBT has outperformed consensus EPS estimates three times over the last four quarters, indicating a positive trend in earnings performance [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.53 on revenues of $938.73 million, and for the current fiscal year, it is $5.84 on revenues of $3.68 billion [7] - The estimate revisions trend for JBT was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, suggesting expected outperformance in the near future [6] Industry Context - The Technology Services industry, to which JBT belongs, is currently ranked in the top 39% of over 250 Zacks industries, indicating a favorable environment for stock performance [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Core Insights - Ryman Hospitality Properties (RHP) reported quarterly funds from operations (FFO) of $2.35 per share, exceeding the Zacks Consensus Estimate of $2.31 per share, but down from $2.78 per share a year ago [1] - The company achieved an FFO surprise of +1.73% for the quarter and has surpassed consensus FFO estimates three times in the last four quarters [2] - RHP's revenues for the quarter were $659.52 million, surpassing the Zacks Consensus Estimate by 7.39% and up from $613.29 million year-over-year, also topping consensus revenue estimates three times in the last four quarters [3] Financial Performance - The FFO for the previous quarter was expected to be $1.79 per share, but RHP delivered $2.08, resulting in a surprise of +16.2% [2] - The current consensus FFO estimate for the upcoming quarter is $1.83, with projected revenues of $584.91 million, and for the current fiscal year, the estimate is $8.31 on revenues of $2.48 billion [8] Market Position - RHP shares have underperformed the market, losing about 11% since the beginning of the year, while the S&P 500 has gained 6.1% [4] - The Zacks Industry Rank places the REIT and Equity Trust - Other sector in the top 38% of over 250 Zacks industries, indicating a favorable industry outlook [9] Future Outlook - The sustainability of RHP's stock price movement will depend on management's commentary during the earnings call and future FFO expectations [4] - The estimate revisions trend for RHP was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market [7]

Core Insights - Exxon Mobil reported revenue of $81.51 billion for the quarter ended June 2025, a decrease of 12.4% year-over-year, and EPS of $1.64, down from $2.14 in the same quarter last year [1] - The revenue fell short of the Zacks Consensus Estimate of $82.82 billion by 1.59%, while the EPS exceeded the consensus estimate of $1.49 by 10.07% [1] Financial Performance Metrics - Oil-equivalent production per day was 4,630.00 KBOE/D, surpassing the six-analyst average estimate of 4,547.03 KBOE/D [4] - Natural gas production available for sale per day in Europe was 312.00 Mcf/D, exceeding the four-analyst average estimate of 284.92 Mcf/D [4] - Natural gas production available for sale per day in Africa was 106.00 Mcf/D, below the four-analyst average estimate of 146.63 Mcf/D [4] - Natural gas production available for sale per day in Asia was 3,206.00 Mcf/D, slightly below the four-analyst average estimate of 3,328.36 Mcf/D [4] Revenue Breakdown - Sales and other operating revenue from Energy Products in the United States was $25.07 billion, exceeding the two-analyst average estimate of $24.24 billion, but representing a year-over-year decline of 5.1% [4] - Sales and other operating revenue from Energy Products outside the U.S. was $34.92 billion, below the average estimate of $36.94 billion, reflecting an 18.8% year-over-year decline [4] - Sales and other operating revenue from Chemical Products in the United States was $1.97 billion, matching the two-analyst average estimate, with an 11% year-over-year decline [4] - Upstream revenue in the United States was $5.94 billion, slightly below the average estimate of $6.04 billion, marking an 11.7% year-over-year decline [4] - Other income was reported at $567 million, below the three-analyst average estimate of $618.89 million, with a significant year-over-year decline of 57.4% [4] - Total sales and other operating revenue was $79.48 billion, slightly below the average estimate of $80.11 billion, representing an 11.7% year-over-year decline [4] - Income from equity affiliates was $1.46 billion, below the two-analyst average estimate of $1.56 billion, reflecting a year-over-year decline of 16.2% [4] - Sales and other operating revenue from Energy Products totaled $59.99 billion, below the average estimate of $61.18 billion, with a year-over-year decline of 13.6% [4]

Core Insights - Rockwell Automation Inc. (ROK) is set to report its third-quarter fiscal 2025 results on August 6, with earnings estimated at $2.69 per share, reflecting a 0.7% decrease year-over-year, while sales are projected to rise by 0.9% to $2.07 billion [1][5] Earnings Performance - ROK has consistently exceeded Zacks Consensus Estimates in the past four quarters, with an average earnings surprise of 15.6% [3][4] - The company reported earnings of $2.45, $1.83, $2.47, and $2.71 for the last four quarters, with respective surprises of 17.22%, 13.66%, 2.92%, and 28.44% [4] Q3 Performance Expectations - The forecast for Q3 indicates a slight dip in EPS and modest sales growth, with a projected organic sales decline of 0.2% due to lower sales volumes across all segments [5][10] - The manufacturing sector remains in contraction, impacting ROK's order levels, with the Institute for Supply Management's manufacturing index showing readings below 50% [9] Segment Analysis - The Intelligent Devices segment is expected to see a 3.3% decline in sales to $923 million, while operating profit is projected to rise by 0.7% to $194 million [12] - The Software & Control segment is anticipated to grow by 13% to $583 million, but operating profit is expected to drop by 23.7% to $149 million [13] - The Lifecycle Services segment's sales are projected to decline by 5.3% to $550 million, with operating profit expected to decrease by 24% to $85.5 million [14] Stock Performance - Over the past year, Rockwell Automation's shares have increased by 41.3%, significantly outperforming the industry average of 2.7% [15]

Core Viewpoint - Molson Coors Beverage Company (TAP) is anticipated to report declines in both revenue and earnings for Q2 2025, with revenues expected at $3.1 billion, reflecting a 3.8% decrease year-over-year, and earnings per share (EPS) projected at $1.83, indicating a 4.7% drop from the previous year [1][10]. Financial Performance - The Zacks Consensus Estimate for TAP's revenues is $3.1 billion, down 3.8% from the prior year [1]. - The consensus estimate for earnings has decreased by one cent to $1.83 per share, representing a 4.7% decline year-over-year [1]. - In the last reported quarter, TAP experienced a negative earnings surprise of 37.5%, with an average trailing four-quarter earnings surprise of 0.2% [2]. Market Conditions - The company's Americas business is facing challenges due to tough macroeconomic conditions in the U.S., adversely affecting the U.S. beer industry and TAP's financial and brand volumes [4]. - Factors such as broader industry weakness, loss of contract brewing volume, and difficult year-over-year comparisons are expected to negatively impact Q2 performance [4]. - Macroeconomic headwinds, subdued consumer demand, and the exit from low-margin contract brewing arrangements are contributing to the company's struggles [5]. Strategic Initiatives - Despite the challenges, TAP's Acceleration Plan has supported market share gains through innovation and premiumization, with strategic investments in core brands likely cushioning performance [7]. - The company is focusing on revitalization by streamlining operations and reinvesting in brands, which has driven sustainable growth [7]. - TAP has enhanced its digital capabilities and expanded brewing and packaging operations in the U.K., driven by the success of its Madri brand [8]. Valuation Insights - TAP is trading at a forward 12-month price-to-earnings ratio of 7.94X, which is below its five-year high of 15.57X and the industry average of 13.72X, indicating an attractive investment opportunity [11]. - Over the past three months, TAP shares have declined by 16.1%, compared to a 13.6% decline in the industry [12].