Core Insights - Hyatt Hotels Corporation reported fourth-quarter 2025 results with earnings exceeding estimates but revenues falling short, leading to a 1.5% decline in shares during pre-market trading [1] Financial Performance - Adjusted earnings per share (EPS) for Q4 were $1.33, significantly above the Zacks Consensus Estimate of 29 cents, compared to 42 cents in the same quarter last year [2] - Revenues reached $1,789 million, slightly below the consensus estimate of $1,793 million, but represented an 11.7% year-over-year increase [2] Revenue Breakdown - Owned and Leased revenues were $423 million, up from $264 million year-over-year [3] - Distribution revenues decreased by 13.7% year-over-year to $177 million, while other revenues fell to $4 million from $11 million in the prior-year quarter [3] Fee Structure - Gross fees increased by 4.5% year-over-year to $307 million, with base management fees rising 8.1%, incentive management fees up 13%, and franchise fees advancing 3.8% [4] - Net fees for the quarter were $290 million, compared to $281 million in the prior-year quarter [5] Operating Metrics - Adjusted EBITDA for the quarter was $292 million, a 14.6% increase year-over-year, but below the model prediction of $324.4 million [6] - Adjusted EBITDA in Management and Franchising was $240 million, up from $219 million year-over-year, but also below the model prediction of $266.4 million [6] Segment Performance - The Owned and Leased segment's adjusted EBITDA was $85 million, compared to $57 million in the prior-year quarter, exceeding the model prediction of $66.4 million [7] - The Distribution segment's adjusted EBITDA fell to $7 million from $20 million year-over-year, missing the model prediction of $38.3 million [7] Balance Sheet and Liquidity - As of December 31, 2025, Hyatt reported cash and cash equivalents of $813 million, up from $749 million in the previous quarter, with total liquidity at $2.3 billion [10] - Total debt decreased to $4.3 billion from $6 billion in the previous quarter [10] Growth Outlook - Hyatt added 8,253 rooms to its system in Q4, with a pipeline of approximately 148,000 rooms, reflecting a 7% year-over-year increase [11] - For 2026, gross fees are projected to be between $1.295 billion and $1.335 billion, with adjusted EBITDA expected in the range of $1.155 billion to $1.205 billion [12][13]

Core Insights - Tyler Technologies (TYL) reported Q4 2025 earnings of $2.64 per share, missing the Zacks Consensus Estimate of $2.71, but showing an increase from $2.43 per share a year ago [1] - The company generated revenues of $575.2 million for the quarter, which was 2.45% below the Zacks Consensus Estimate, compared to $541.13 million in the same quarter last year [2] Revenue Performance - Recurring revenues from maintenance and subscriptions rose by 10.9% year over year to $514.4 million, making up 89.4% of total revenues [3] - Annualized recurring revenues (ARR) reached $2.1 billion, also reflecting a 10.9% year-over-year increase [3] - Maintenance revenues accounted for 19.0% of total revenues at $109.4 million, down 4.9% year over year, while subscription revenues grew by 16.1% to $405.0 million, driven by a 20.2% increase in SaaS revenues and a 12.1% increase in transaction-based revenues [3] Operating Performance - Non-GAAP gross profit increased to $280.6 million, with a non-GAAP gross margin of 48.8%, up 180 basis points [5] - Adjusted EBITDA rose to $149 million from $142.8 million in the previous year [5] - Non-GAAP operating income was $138.5 million, a 5.1% increase year over year, with a non-GAAP operating margin of 24.1%, down 30 basis points [5] Balance Sheet and Cash Flow - As of December 31, 2025, cash and cash equivalents were $1.015 billion, up from $834.1 million in the previous quarter [6] - The company generated operating cash flow of $243.9 million and free cash flow of $236.9 million in Q4 2025 [6] - For the full year 2025, operating and free cash flows were $653.5 million and $620.8 million, respectively [6] 2026 Guidance - Tyler Technologies projects 2026 revenues between $2.50 billion and $2.55 billion, with the Zacks Consensus Estimate at $2.35 billion, indicating a 9.8% year-over-year increase [9] - Expected GAAP diluted EPS is in the range of $8.36-$8.61, while non-GAAP diluted EPS is projected between $12.40-$12.65 [9] - The free cash flow margin is anticipated to be between 26% and 28% [9]

Group 1 - Commerce.com reported revenue of $89.52 million for the quarter ended December 2025, reflecting a year-over-year increase of 2.9% [1] - The company's EPS for the quarter was $0.07, down from $0.11 in the same quarter last year, with no EPS surprise as the consensus estimate was also $0.07 [1][3] - The reported revenue was below the Zacks Consensus Estimate of $90.64 million, resulting in a surprise of -1.24% [1] Group 2 - Key metrics indicate that Commerce.com shares have declined by 31.3% over the past month, contrasting with a -0.3% change in the Zacks S&P 500 composite [3] - The company currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [3] Group 3 - ARR attributable to Enterprise Accounts was reported at $287.2 million, exceeding the average estimate of $276.91 million by two analysts [4] - The Total Annual Revenue Run-rate (ARR) was $359.1 million, slightly below the average estimate of $362.74 million [4] - Revenue from Partner and services was $24.37 million, which is lower than the average estimate of $25.46 million, representing a year-over-year decline of 1.5% [4] - Revenue from Subscription solutions was $65.15 million, slightly below the average estimate of $65.44 million, but showing a year-over-year increase of 4.6% [4]

Core Viewpoint - Coinbase Global Inc is experiencing a decline in stock price ahead of its fourth-quarter earnings report, with investors showing pessimism regarding its Bitcoin-related business [1] Group 1: Stock Performance - Coinbase stock is currently down 6% at $152.73, reflecting investor concerns [1] - The stock has a history of post-earnings declines, finishing lower the day after earnings six times in the last two years [2] - Over the past 12 months, shares have declined by 42.9%, reaching a nearly 10-month low of $145.16 on February 5 [3] Group 2: Earnings Expectations - The average post-earnings move for Coinbase stock has been 7.9% higher during the last eight sessions, while options traders are pricing in a 13.2% swing for the upcoming report [2] - The stock is attempting to find support near $145, which is critical for its recovery [3] Group 3: Analyst Ratings - The stock received a downgrade to "sell" from "buy" by Monness Crespi Hardt, indicating a bearish outlook [3] - Despite the downgrade, 21 out of 32 brokerages covering Coinbase maintain "buy" or better ratings, suggesting mixed sentiment among analysts [3] Group 4: Volatility Metrics - Coinbase's Schaeffer's Volatility Scorecard (SVS) is at a high of 96, indicating that the stock has often exceeded option traders' volatility expectations over the past year [5]

Core Viewpoint - Porch Group Inc. experienced a significant stock surge of 21.87% to $9.25 in after-hours trading following the release of its fourth-quarter earnings report, which exceeded market expectations [1]. Q4 Earnings Results - The company reported a loss of $0.03 per share, which was better than the anticipated loss of $0.07 per share [2]. - Porch Group's revenue increased to $23.94 million compared to the same period last year [2]. - In the previous quarter, the company's earnings per share fell short of estimates by $0.04 [2]. - Keefe, Bruyette & Woods upgraded Porch Group's rating from Market Perform to Outperform and set a price target of $10.50 [2]. Trading Metrics, Technical Analysis - Porch Group has a market capitalization of $938.76 million, with a 52-week high of $19.44 and a low of $3.72 [3]. - The stock has a Relative Strength Index (RSI) of 43.09 and has gained 59.79% over the past 12 months [3]. - As of Wednesday, the stock closed at $7.59, reflecting a 2.71% increase, and is currently trading approximately 24.6% above its 52-week low [3]. Stock Rankings - Benzinga's Edge Stock Rankings indicate that Porch Group has a positive price trend across all time frames [4].

Core Insights - Service Corp. (SCI) reported revenue of $1.11 billion for the quarter ended December 2025, reflecting a year-over-year increase of 1.7% [1] - Earnings per share (EPS) for the quarter was $1.14, up from $1.06 in the same quarter last year [1] - The reported revenue was slightly below the Zacks Consensus Estimate of $1.12 billion, resulting in a revenue surprise of -0.69% [1] - The company experienced an EPS surprise of -0.18%, with the consensus EPS estimate being $1.14 [1] Performance Metrics - Total comparable funeral average revenue per service was $5,880.00, slightly above the average estimate of $5,877.90 [4] - The number of funeral services performed was 89,117, which was lower than the estimated 89,910 [4] - Cemetery revenue was reported at $510.9 million, compared to the estimated $516.82 million, representing a year-over-year change of +1.1% [4] - Funeral revenue reached $600.6 million, slightly below the estimated $602.35 million, with a year-over-year increase of +2.2% [4] - Gross profit from funeral services was $126.2 million, below the average estimate of $132.55 million [4] - Gross profit from cemetery services was $185.5 million, exceeding the average estimate of $180.36 million [4] Stock Performance - Shares of Service Corp. have returned +4.4% over the past month, contrasting with a -0.3% change in the Zacks S&P 500 composite [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 - Redwood Trust reported revenue of $25.9 million for the quarter ended December 2025, a year-over-year decline of 6.2% but a surprise of +4.86% over the Zacks Consensus Estimate of $24.7 million [1] - The company achieved an EPS of $0.33, significantly higher than the $0.13 reported a year ago, representing a surprise of +46.67% compared to the consensus EPS estimate of $0.23 [1] Financial Performance Metrics - Net interest income was reported at $25.9 million, exceeding the average estimate of $24.57 million from two analysts [4] - Total non-interest income (loss), net, was $61.3 million, surpassing the estimated $57.25 million by two analysts [4] - Non-interest income from mortgage banking activities, net, was $53.1 million, compared to the average estimate of $46.55 million [4] - Non-interest income from Sequoia mortgage banking activities, net, reached $40.4 million, exceeding the estimated $32.64 million [4] - Non-interest income from CoreVest mortgage banking activities, net, was $16.3 million, higher than the average estimate of $13.91 million [4] - Non-interest income from HEI income, net, was $3 million, slightly below the estimated $3.8 million [4] Stock Performance - Shares of Redwood Trust have returned -1.1% over the past month, compared to a -0.3% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]

Core Insights - Antero Midstream Corporation reported $297 million in revenue for Q4 2025, marking a year-over-year increase of 3.3% and a surprise of +1.06% over the Zacks Consensus Estimate of $293.9 million [1] - The company's EPS for the same period was $0.11, down from $0.23 a year ago, resulting in an EPS surprise of -53.78% compared to the consensus estimate of $0.24 [1] Financial Performance - Average Daily Volumes for Low Pressure Gathering were 3,435 million cubic feet per day, exceeding the analyst estimate of 3,398.51 million cubic feet per day [4] - Average Daily Volumes for High Pressure Gathering were 3,193 million cubic feet per day, surpassing the estimate of 3,146.83 million cubic feet per day [4] - Average Daily Volumes for Compression reached 3,424 million cubic feet per day, above the estimate of 3,345.64 million cubic feet per day [4] - Average Daily Volumes for Fresh Water Delivery were 93 million barrels of oil per day, below the estimate of 98.28 million barrels of oil per day [4] - Average Daily Volumes for Other Fluid Handling were 58 million barrels of oil per day, exceeding the estimate of 53.34 million barrels of oil per day [4] Revenue Breakdown - Revenues from Water Handling for Antero Resources were $63.22 million, slightly below the average estimate of $64.68 million, representing a year-over-year decline of -9.8% [4] - Revenues from Gathering and Processing for Antero Resources were $250.54 million, exceeding the average estimate of $246.11 million, with a year-over-year increase of +6.8% [4] - Revenues from Gathering and Processing were reported at $241.27 million, above the average estimate of $234.9 million, reflecting a year-over-year increase of +7.1% [4] - Revenues from Water Handling were $64.13 million, surpassing the average estimate of $58.53 million, indicating a year-over-year increase of +3.2% [4] - Amortization of customer relationships reported at -$17.67 million, slightly better than the average estimate of -$18.11 million, with no year-over-year change [4] Stock Performance - Antero Midstream shares have returned +12.4% over the past month, contrasting with the Zacks S&P 500 composite's -0.3% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

Core Insights - Albemarle reported revenue of $1.43 billion for the quarter ended December 2025, reflecting a 15.9% increase year-over-year and a 5.8% surprise over the Zacks Consensus Estimate of $1.35 billion [1] - The company's EPS was -$0.53, an improvement from -$1.09 in the same quarter last year, but fell short of the consensus estimate of -$0.40, resulting in a 33% negative surprise [1] Revenue Performance - Net Sales in Energy Storage reached $759.06 million, exceeding the average estimate of $716.89 million by five analysts, marking a year-over-year increase of 23.1% [4] - Net Sales for Ketjen were reported at $320.07 million, surpassing the average estimate of $296.35 million, with a year-over-year change of 13.5% [4] - Net Sales in Specialties amounted to $348.9 million, slightly above the average estimate of $348.66 million, reflecting a year-over-year increase of 4.8% [4] EBITDA Analysis - Adjusted EBITDA for Corporate was reported at -$16.54 million, which was below the average estimate of -$15.46 million by five analysts [4] - Adjusted EBITDA for Ketjen was $49.68 million, significantly higher than the average estimate of $35.01 million [4] - Adjusted EBITDA for Specialties reached $68.55 million, exceeding the average estimate of $52.12 million [4] - Adjusted EBITDA for Energy Storage was reported at $167.06 million, slightly above the average estimate of $159.67 million [4] Stock Performance - Albemarle's shares have returned -4.7% over the past month, compared to a -0.3% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), indicating potential for outperformance in the near term [3]

Core Insights - Neurocrine Biosciences reported $805.5 million in revenue for Q4 2025, marking a year-over-year increase of 28.3% and exceeding the Zacks Consensus Estimate by 2.89% [1] - The company's EPS for the same quarter was $1.88, which is a significant increase from $1.00 a year ago, although it fell short of the consensus estimate of $2.25 by 16.55% [1] Revenue Breakdown - Product sales from INGREZZA reached $657.5 million, slightly below the average estimate of $661.61 million, but still reflecting a year-over-year growth of 6.9% [4] - Total product sales amounted to $798.3 million, surpassing the estimated $788.24 million, with a year-over-year increase of 28.5% [4] - CRENESSITY generated $135.4 million in product sales, exceeding the average estimate of $120.56 million [4] - Collaboration revenue was reported at $7.2 million, above the average estimate of $6.46 million, representing a year-over-year increase of 10.8% [4] - Other product sales were $5.4 million, which is higher than the average estimate of $4.1 million, but this reflects a year-over-year decline of 11.5% [4] Stock Performance - Neurocrine's shares have returned +4.1% over the past month, contrasting with a -0.3% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]