Workflow
Earnings estimate revisions
icon
Search documents
Republic Services (RSG) Q2 Earnings Surpass Estimates
ZACKS· 2025-07-29 22:21
Core Insights - Republic Services reported quarterly earnings of $1.77 per share, exceeding the Zacks Consensus Estimate of $1.75 per share, and showing an increase from $1.61 per share a year ago, representing an earnings surprise of +1.14% [1] - The company generated revenues of $4.24 billion for the quarter ended June 2025, which was below the Zacks Consensus Estimate by 0.75%, but up from $4.05 billion year-over-year [2] - Republic Services has outperformed the S&P 500, with shares increasing about 20% since the beginning of the year compared to the S&P 500's gain of 8.6% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.82 on revenues of $4.31 billion, and for the current fiscal year, it is $6.87 on revenues of $16.87 billion [7] - The estimate revisions trend for Republic Services was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Waste Removal Services industry is currently ranked in the bottom 41% of over 250 Zacks industries, suggesting that the outlook for the industry can significantly impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Avis Budget Group (CAR) Misses Q2 Earnings and Revenue Estimates
ZACKS· 2025-07-29 22:11
Group 1: Earnings Performance - Avis Budget Group reported quarterly earnings of $0.1 per share, missing the Zacks Consensus Estimate of $2.02 per share, and down from $0.41 per share a year ago, representing an earnings surprise of -95.05% [1] - The company posted revenues of $3.04 billion for the quarter ended June 2025, missing the Zacks Consensus Estimate by 0.9%, and compared to year-ago revenues of $3.05 billion [2] - Over the last four quarters, Avis Budget has surpassed consensus EPS estimates only once [2] Group 2: Stock Performance and Outlook - Avis Budget shares have increased approximately 155.6% since the beginning of the year, significantly outperforming the S&P 500's gain of 8.6% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $10.12 on revenues of $3.51 billion, and $2.53 on revenues of $11.72 billion for the current fiscal year [7] Group 3: Industry Context - The Zacks Industry Rank indicates that the Transportation - Services sector is currently in the bottom 17% of over 250 Zacks industries, suggesting potential underperformance compared to higher-ranked industries [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5] - The estimate revisions trend for Avis Budget was unfavorable ahead of the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6]
Why Garrett Motion (GTX) Might be Well Poised for a Surge
ZACKS· 2025-07-29 17:21
Core Viewpoint - Garrett Motion (GTX) shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise earnings estimates for the company [1][2]. Earnings Estimates - Analysts' optimism regarding Garrett Motion's earnings prospects is leading to higher estimates, which is expected to positively impact the stock price [2]. - The Zacks Rank system indicates a strong correlation between earnings estimate revisions and stock price movements, with Zacks 1 Ranked stocks averaging a +25% annual return since 2008 [3]. Current Quarter and Year Estimates - For the current quarter, Garrett Motion is projected to earn $0.37 per share, reflecting a +54.2% increase from the previous year [5]. - The Zacks Consensus Estimate for the current quarter has risen by 5.71% over the last 30 days, with no negative revisions [5]. - For the full year, the expected earnings are $1.41 per share, representing an +11.9% change from the prior year [6]. - The consensus estimate for the current year has increased by 7.63% during the same timeframe [7]. Zacks Rank and Performance - The positive revisions in earnings estimates have led Garrett Motion to achieve a Zacks Rank 1 (Strong Buy), indicating strong potential for outperformance [8]. - Research shows that stocks with Zacks Rank 1 and 2 significantly outperform the S&P 500 [8]. Recent Stock Performance - Garrett Motion shares have increased by 24.6% over the past four weeks, indicating investor confidence in the company's earnings growth prospects [9].
Wall Street Analysts Think Carter Bankshares (CARE) Could Surge 26.44%: Read This Before Placing a Bet
ZACKS· 2025-07-29 14:56
Group 1 - Carter Bankshares, Inc. (CARE) shares have increased by 3.4% over the past four weeks, closing at $17.93, with a mean price target of $22.67 indicating a potential upside of 26.4% [1] - The mean estimate includes three short-term price targets with a standard deviation of $1.53, where the lowest estimate of $21.00 suggests a 17.1% increase, and the highest estimate of $24.00 indicates a 33.9% increase [2] - Analysts show a strong consensus that CARE will report better earnings than previously estimated, with a positive trend in earnings estimate revisions correlating with potential stock price increases [4][11] Group 2 - The Zacks Consensus Estimate for CARE has increased by 10.4% due to one upward revision in earnings estimates over the last 30 days, with no negative revisions [12] - CARE holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside [13] - While the consensus price target may not be a reliable indicator of the extent of potential gains, it does provide a directional guide for price movement [14]
Wall Street Analysts Believe IREN Limited (IREN) Could Rally 25.03%: Here's is How to Trade
ZACKS· 2025-07-29 14:56
Core Viewpoint - IREN Limited (IREN) has seen a 13.8% increase in share price over the past four weeks, closing at $16.58, with a potential upside of 25% based on Wall Street analysts' mean price target of $20.73 [1][9]. Price Targets - The average of 11 short-term price targets ranges from a low of $12.00 to a high of $26.00, with a standard deviation of $4.08, indicating variability in estimates [2]. - The lowest estimate suggests a decline of 27.6% from the current price, while the highest estimate indicates a potential upside of 56.8% [2]. Analyst Consensus and Earnings Estimates - Analysts have shown strong agreement in revising earnings per share (EPS) estimates higher, which is a positive indicator for potential stock upside [4][9]. - The Zacks Consensus Estimate for the current year has increased by 17.4% over the past month, with two estimates rising and no negative revisions [10]. Zacks Rank - IREN currently holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, suggesting a strong potential for upside [11]. Price Target Reliability - While consensus price targets are often sought after, they may not reliably indicate actual stock price movements, and investors should approach them with skepticism [5][8].
Prudential (PUK) is on the Move, Here's Why the Trend Could be Sustainable
ZACKS· 2025-07-29 13:51
Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for profitable short-term investing, highlighting that while trends can be beneficial, they can also reverse unexpectedly, leading to losses for investors [1][2]. Group 1: Stock Performance - Prudential (PUK) has shown a solid price increase of 15% over the past 12 weeks, indicating strong investor interest and potential upside [4]. - PUK has maintained a price increase of 0.1% over the last four weeks, suggesting that the upward trend is still intact [5]. - The stock is currently trading at 95.3% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - PUK holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [6]. - The Average Broker Recommendation for PUK is 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like PUK that are on an uptrend supported by strong fundamentals [3]. - The article suggests that there are multiple stocks passing through the "Recent Price Strength" screen, encouraging investors to explore these options [8].
Anywhere Real Estate (HOUS) Q2 Earnings and Revenues Lag Estimates
ZACKS· 2025-07-29 13:41
Core Insights - Anywhere Real Estate reported quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.34 per share, and showing a slight decrease from $0.33 per share a year ago, resulting in an earnings surprise of -5.88% [1] - The company posted revenues of $1.68 billion for the quarter ended June 2025, which was below the Zacks Consensus Estimate by 1.11%, and slightly above the year-ago revenues of $1.67 billion [2] - The stock has increased by approximately 42.1% since the beginning of the year, significantly outperforming the S&P 500's gain of 8.6% [3] Earnings Outlook - The future performance of Anywhere Real Estate's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [4] - The current consensus EPS estimate for the upcoming quarter is $0.14 on revenues of $1.53 billion, while for the current fiscal year, the estimate is -$0.26 on revenues of $5.78 billion [7] Industry Context - The Real Estate - Operations industry, to which Anywhere Real Estate belongs, is currently ranked in the bottom 41% of over 250 Zacks industries, indicating potential challenges ahead [8] - The correlation between near-term stock movements and earnings estimate revisions suggests that tracking these revisions can provide insights into stock performance [5][6]
uniQure (QURE) Reports Q2 Loss, Misses Revenue Estimates
ZACKS· 2025-07-29 13:16
Company Performance - uniQure reported a quarterly loss of $0.69 per share, better than the Zacks Consensus Estimate of a loss of $0.89, and an improvement from a loss of $1.16 per share a year ago, resulting in an earnings surprise of +22.47% [1] - The company posted revenues of $5.26 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 26.23%, and down from $11.13 million in the same quarter last year [2] - Over the last four quarters, uniQure has surpassed consensus EPS estimates three times but has not beaten consensus revenue estimates [2] Stock Outlook - The stock has lost about 15.2% since the beginning of the year, while the S&P 500 has gained 8.6% [3] - The current consensus EPS estimate for the coming quarter is -$0.91 on revenues of $5.97 million, and for the current fiscal year, it is -$3.34 on revenues of $37.66 million [7] - The estimate revisions trend for uniQure was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Medical - Biomedical and Genetics industry, to which uniQure belongs, is currently in the top 38% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Herc Holdings (HRI) Q2 Earnings Beat Estimates
ZACKS· 2025-07-29 12:46
Core Insights - Herc Holdings (HRI) reported quarterly earnings of $1.87 per share, exceeding the Zacks Consensus Estimate of $1.29 per share, but down from $2.6 per share a year ago, indicating an earnings surprise of +44.96% [1] - The company posted revenues of $984 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 0.38%, but up from $848 million year-over-year [2] - The stock has underperformed the market, losing about 20.8% since the beginning of the year compared to the S&P 500's gain of 8.6% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.10 on revenues of $1.26 billion, and for the current fiscal year, it is $6.71 on revenues of $4.32 billion [7] - The estimate revisions trend for Herc Holdings was unfavorable prior to the earnings release, resulting in a Zacks Rank 5 (Strong Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Transportation - Equipment and Leasing industry, to which Herc Holdings belongs, is currently in the top 38% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
United Parcel Service (UPS) Q2 Earnings Lag Estimates
ZACKS· 2025-07-29 12:10
Group 1: Earnings Performance - United Parcel Service (UPS) reported quarterly earnings of $1.55 per share, missing the Zacks Consensus Estimate of $1.56 per share, and down from $1.79 per share a year ago, representing an earnings surprise of -0.64% [1] - UPS posted revenues of $21.22 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.77%, but down from $21.82 billion year-over-year [2] - Over the last four quarters, UPS has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Group 2: Stock Performance and Outlook - UPS shares have lost about 19.5% since the beginning of the year, contrasting with the S&P 500's gain of 8.6% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $1.60 on $21 billion in revenues, and $7.05 on $87.34 billion in revenues for the current fiscal year [7] Group 3: Industry Context - The Transportation - Air Freight and Cargo industry, to which UPS belongs, is currently in the bottom 22% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that UPS's stock may underperform in the near future based on current estimates [5][6]