Core Viewpoint - KeyCorp's recent earnings report shows a positive trend with adjusted earnings per share exceeding estimates, driven by higher net interest income (NII) and non-interest income, despite rising expenses and provisions [2][4]. Financial Performance - KeyCorp's Q4 2025 adjusted earnings per share from continuing operations was 41 cents, beating the Zacks Consensus Estimate of 38 cents, reflecting a 7.9% increase year-over-year [2]. - Total revenues for Q4 2025 increased by 12.5% year-over-year to $2 billion, surpassing the consensus estimate of $1.94 billion [5]. - For the full year 2025, total revenues were $7.51 billion, up 16.4% from the previous year, exceeding the consensus estimate of $7.43 billion [5]. Income and Expenses - Net interest income (TE basis) rose 15.3% year-over-year to $1.22 billion, with net interest margin (NIM) expanding 41 basis points to 2.82% [6]. - Adjusted non-interest income was $782 million, an increase of 8.3%, primarily due to higher investment banking and corporate services income [7]. - Non-interest expenses increased nearly 1% to $1.24 billion, attributed to rising costs across most components [7]. Credit Quality - The provision for credit losses was $108 million, significantly up from $39 million in the prior-year quarter, while the allowance for loan and lease losses was $1.43 billion, up 1.3% [9]. - Net loan charge-offs as a percentage of average total loans declined 4 basis points year-over-year to 0.39% [9]. - Non-performing assets as a percentage of the portfolio decreased by 15 basis points to 0.59% [10]. Capital Ratios - KeyCorp's tangible common equity to tangible assets ratio improved to 8.4% as of December 31, 2025, up from 7% in the prior year [11]. - The Tier 1 risk-based capital ratio was 13.4%, down from 13.7%, while the Common Equity Tier 1 ratio decreased to 11.7% from 11.9% [11]. 2026 Outlook - Management anticipates total revenues to increase nearly 7% year-over-year, with average loan balances expected to grow by 1-2% [12]. - Net interest income is projected to rise by approximately 8-10% in 2026, with NIM expected to reach 3.00%-3.05% by the end of Q4 2026 [13]. - Adjusted non-interest income is expected to grow by 5-6% year-over-year, driven by fee growth in key business areas [14]. Long-term Outlook - Management expects NIM to exceed 3.25% by Q4 2027, with return on tangible common shareholders' equity projected to be in the range of 16-19% [16]. Industry Performance - KeyCorp operates within the Zacks Banks - Major Regional industry, where M&T Bank Corporation has seen a 5.7% increase in stock price over the past month, reporting revenues of $2.48 billion for the last quarter, a year-over-year change of +3.8% [21].

Key Takeaways Walmart beat Q4 estimates, with 24% e-commerce growth and 37% rise in global ad revenues.WMT posted 12.1% EPS growth, with operating income up 10.5% on a constant-currency basis. Walmart issued FY27 EPS outlook of $2.75-$2.85 and approved a new $30B buyback plan. Walmart Inc. (WMT) reported fourth-quarter fiscal 2026 results, wherein both top and bottom lines exceeded the respective Zacks Consensus Estimate. Growth was supported by sustained e-commerce momentum, advertising expansion, membersh ...

Core Insights - Occidental Petroleum Corporation (OXY) reported fourth-quarter 2025 earnings of 31 cents per share, exceeding the Zacks Consensus Estimate of 19 cents by 63.2%, although the bottom line dropped 61.3% year over year [1] - Total revenues for the fourth quarter were $5.42 billion, missing the Zacks Consensus Estimate of $5.88 billion by 7.8% and reflecting a 5.2% decline year over year [2] - Adjusted earnings for 2025 were $2.21 per share, down 36.1% from $3.46 in 2024 [1] Revenue and Segment Performance - Oil and Gas revenues in Q4 totaled $4.81 billion, a decrease of 14.5% year over year [3] - Midstream & Marketing revenues surged to $451 million, up 196.7% year over year [3] - Total revenues for 2025 were $22.08 billion, a slight decline of 0.5% from $22.2 billion in 2024 [2] Production and Sales - Total production volume reached 1,481 thousand barrels of oil equivalent per day (Mboe/d), exceeding the company's guidance of 1,440-1,480 Mboe/d [4] - Total sales volume was 1,480 Mboe/d, reflecting a 1.2% increase from the previous year [4] Pricing Trends - Realized prices for crude oil fell 15.1% year over year to $59.22 per barrel [5] - Realized natural gas liquid prices decreased by 23.5% year over year to $16.68 per barrel [5] - Natural gas prices dropped 11.1% year over year to $1.12 per thousand cubic feet [5] Financial Position and Debt Management - Occidental completed the OxyChem sale, reducing debt by $5.8 billion since mid-December 2025, bringing total principal debt to $15 billion [6] - Total costs in Q4 were $4.84 billion, down 7.3% from $5.22 billion in the previous year [9] - Interest and debt expenses decreased by 26.6% to $232 million from $316 million year over year [9] Cash Flow and Capital Expenditure - Operating cash flow for 2025 was $11.57 billion, slightly down from $11.72 billion in 2024 [11] - Total capital expenditure in 2025 was $6.43 billion, compared to $6.26 billion in the previous year [11] Future Guidance - For Q1 2026, OXY expects production between 1,385-1,425 Mboe/d, with Permian Resources output anticipated at 766-786 Mboe/d [12] - Capital expenditure for 2026 is projected to be between $5.5 billion and $5.9 billion [13]

Core Insights - Evergy, Inc. (EVRG) reported fourth-quarter 2025 operating earnings per share (EPS) of 42 cents, missing the Zacks Consensus Estimate of 57 cents by 26.3% [1]. - Full-year 2025 adjusted EPS increased to $3.83 from $3.81 in the previous year, driven by recovery in regulated investments and increased weather-normalized demand [1]. Revenue Performance - Quarterly revenues reached $1.34 billion, exceeding the Zacks Consensus Estimate of $1.29 billion by 4.3% [2]. - Full-year 2025 revenues totaled $5.96 billion, up from $5.85 billion in the prior year [2]. Expense Overview - Fuel and purchased power costs for the year were $1.41 billion, a decrease of 4.6% from $1.48 billion last year [3]. - Operating and maintenance expenses rose to $995.3 million, an increase of 3.5% from $961.9 million in the previous year [3]. - Interest expenses increased by 9.4% year over year, totaling $616.3 million [3]. Financial Position - As of December 31, 2025, cash and cash equivalents were $19.8 million, down from $22 million a year earlier [4]. - Long-term debt increased to $13.04 billion from $11.81 billion as of December 31, 2024 [4]. - Cash provided by operating activities in 2025 was $2.05 billion, compared to $1.98 billion in the previous year [4]. Future Guidance - Evergy provided 2026 adjusted EPS guidance in the range of $4.14-$4.34, with the Zacks Consensus Estimate at $4.27, near the upper end of the guidance [5]. - The company targets an annual adjusted EPS growth of 6-8% through 2030 [5]. Market Position - Evergy currently holds a Zacks Rank 4 (Sell) [6].

Key Takeaways Sonic Automotive Q4 EPS rose 1% to $1.52 but missed estimates; revenues fell 1% to $3.87B.Franchised Dealerships same-store revenues dropped 5%, with retail units down 4% Y/Y.EchoPark revenues fell 5% as used-vehicle sales declined 7% and volumes slipped 6%.Sonic Automotive, Inc. (SAH) posted fourth-quarter 2025 adjusted earnings per share of $1.52, which increased 1% year over year but missed the Zacks Consensus Estimate of $1.53. Total revenues declined 1% year over year to $3.87 billion and ...

Key Takeaways AWR reported Q4 2025 EPS of 74 cents, up 32.1% year over year, with revenues rising 14.8%. American States Water posted 2025 EPS of $3.37, up 10.9%, on 10.52% higher annual revenues.AWR's Contracted Services EPS rose 45.5% on added construction work and resolved price adjustments. American States Water Company (AWR) reported fourth-quarter 2025 operating earnings per share (EPS) of 74 cents, up 32.1% from the year-ago quarter’s level of 56 cents.AWR reported 2025 adjusted earnings of $3.37 per ...

Core Insights - Edison International (EIX) reported fourth-quarter 2025 adjusted earnings of $1.87 per share, exceeding the Zacks Consensus Estimate of $1.47 by 27.4%, and increased 78.1% from $1.05 in the year-ago quarter [1] - The company recorded GAAP earnings of $4.80 per share compared to 88 cents in the fourth quarter of 2024 [1] - For the full year 2025, adjusted earnings were $6.55 per share, significantly higher than the previous year's $4.93 [1] Revenue Performance - EIX's fourth-quarter operating revenues reached $5.21 billion, surpassing the Zacks Consensus Estimate of $4.38 billion by 19%, and increased 30.9% from $3.98 billion in the same quarter last year [2] - Total operating revenues for 2025 were reported at $19.32 billion, up from $17.6 billion in 2024 [2] Operational Highlights - Total operating expenses for 2025 decreased by 16.7% year over year to $12.22 billion [3] - Purchased power and fuel costs fell by 5.3%, while depreciation and amortization expenses rose by 12.9% [3] - Operating income for 2025 was $7.09 billion, compared to $2.93 billion in the prior year [3] Segment Results - Southern California Edison reported fourth-quarter adjusted earnings of $2.14 per share, up from $1.28 in the year-ago quarter, attributed to benefits from interest expense related to cost recoveries and revenue recognition [4] - Edison International Parent and Other incurred an adjusted loss of 28 cents per share, compared to a loss of 23 cents in the previous year, due to a loss on preferred stock redemption [5] Financial Update - As of December 31, 2025, cash and cash equivalents were $158 million, down from $193 million a year earlier [6] - Long-term debt increased to $36.07 billion from $33.53 billion at the end of 2024 [8] - Net cash flow from operating activities was $5.8 billion, up from $5.01 billion in the previous year [8] - Total capital expenditures were $6.52 billion, higher than $5.71 billion in the prior year [8] Guidance - The company expects 2026 earnings to be in the range of $5.90-$6.20 per share, below the current Zacks Consensus Estimate of $6.24 [9]

Core Insights - Walmart reported revenue of $190.66 billion for the quarter ended January 2026, reflecting a 5.6% increase year-over-year and a surprise of +0.32% over the Zacks Consensus Estimate of $190.05 billion [1] - Earnings per share (EPS) for the quarter was $0.74, up from $0.66 in the same quarter last year, with an EPS surprise of +1.37% compared to the consensus estimate of $0.73 [1] Financial Performance Metrics - U.S. comparable store sales for Walmart U.S. (excluding fuel impact) increased by 4.6%, surpassing the average estimate of 4.2% [4] - U.S. comparable store sales for Sam's Club (excluding fuel impact) were 4%, slightly below the average estimate of 4.1% [4] - Walmart International reported a sales growth of 11.5%, exceeding the six-analyst average estimate of 10.1% [4] - Net sales for Walmart U.S. reached $129.22 billion, compared to the average estimate of $129.01 billion, marking a year-over-year increase of 4.6% [4] - Total revenues for Walmart were $188.91 billion, slightly above the average estimate of $188.52 billion, representing a 5.6% year-over-year change [4] - Net sales for Walmart International were $35.93 billion, exceeding the average estimate of $35.61 billion, with a year-over-year increase of 11.6% [4] - Net sales for Sam's Club were $23.76 billion, below the average estimate of $24.08 billion, reflecting a year-over-year change of +2.9% [4] Stock Performance - Walmart shares have returned +6.1% over the past month, while the Zacks S&P 500 composite has seen a decline of -0.8% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

Core Insights - Nordson Corporation's adjusted earnings for Q1 fiscal 2026 were $2.37 per share, exceeding the Zacks Consensus Estimate of $2.36, marking a 15% year-over-year increase [1][8] Quarterly Results of NDSN - Revenues for Nordson were $669 million, an 8.8% increase from the previous year, driven by the Industrial Precision Solutions segment and contributions from acquisitions, although it fell short of the consensus estimate of $651 million [2] - Organic sales rose by 6.5% year over year, while acquisitions/divestitures negatively impacted sales by 1.4%. Foreign currency translation positively affected sales by 3.7% [2] Regional Performance - Revenues from the Asia Pacific region reached $225.1 million, up 25.2% year over year. European revenues increased by 8.8% to $182.5 million, while revenues in the Americas decreased by 2.2% to $261.9 million [3] Segment Performance - Industrial Precision Solutions generated revenues of $326.9 million, an 8.8% increase year over year, contributing 48.8% to Nordson's total revenue [3] - Medical and Fluid Solutions reported revenues of $193.2 million, down 0.2% year over year, contributing 28.9% to total revenue. Organic sales increased by 2.7%, but acquisitions/divestitures decreased sales by 4.3% [4] - Advanced Technology Solutions saw sales of $149.4 million, a 23.1% increase year over year, with organic sales up 20.7% [5] Margin Profile - Cost of sales increased by 8.5% to $303.3 million, while gross profit rose by 9% to $366.1 million, resulting in a gross margin of 54.7%, up 10 basis points [6] - Selling and administrative expenses increased by 2.4% to $199.7 million. Adjusted EBITDA was $203 million, a 7.9% increase year over year, with an operating margin of 24.9%, up 200 basis points [7] Cash Flow and Balance Sheet - At the end of Q1 fiscal 2026, cash and cash equivalents were $120.4 million, up from $108.4 million at the end of fiscal 2025. Long-term debt increased to $1.94 billion from $1.68 billion [9] - Net cash generated from operating activities was $140.4 million, down 11.7% year over year, with capital expenditures totaling $17.5 million, down 18.2% [10] Dividends and Share Buyback - Nordson paid dividends of $45.8 million, a 2.7% increase from the previous year, and repurchased shares worth $86 million, up from $43.1 million [11] Outlook - For fiscal 2026, Nordson raised its sales guidance to $2.86-$2.96 billion and adjusted earnings to $11-$11.60 per share. For Q2 fiscal 2026, sales are expected to be between $710-$740 million, with adjusted earnings of $2.70-$2.90 per share [12]

Core Insights - CenterPoint Energy, Inc. (CNP) reported fourth-quarter 2025 adjusted earnings of 45 cents per share, missing the Zacks Consensus Estimate of 46 cents by 1.1%, but showing a 12.5% increase from 40 cents in the same quarter last year [1] - The company generated revenues of $2.51 billion, exceeding the Zacks Consensus Estimate of $2.33 billion by 6.7%, and reflecting an 11.1% improvement from the previous year [2] - CNP's total expenses for 2025 rose by 8.9% year over year to $7.25 billion, while operating income increased to $2.11 billion from $1.99 billion a year ago [3] - As of December 31, 2025, CNP had cash and cash equivalents of $38 million, up from $24 million a year earlier, and total long-term debt increased slightly to $20.6 billion [4] - The company reaffirmed its 2026 non-GAAP EPS guidance range of $1.89-$1.91, indicating an expected growth of 8% over 2025 results [5] - CNP raised its 10-year capital investment plan by $500 million, now totaling over $65 billion for the period from 2026 to 2035 [7] - The company currently holds a Zacks Rank of 4 (Sell) [8]