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Kinetik Holdings Inc. (KNTK) Misses Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-08 01:10
Core Viewpoint - Kinetik Holdings Inc. reported quarterly earnings of $0.05 per share, significantly missing the Zacks Consensus Estimate of $0.23 per share, representing a -78.26% earnings surprise [1]. Financial Performance - The company posted revenues of $443.26 million for the quarter ended March 2025, which was 19.09% below the Zacks Consensus Estimate and an increase from $341.39 million year-over-year [2]. - Over the last four quarters, Kinetik Holdings has surpassed consensus EPS estimates only once [2]. Stock Performance - Kinetik Holdings shares have declined approximately 28.6% since the beginning of the year, contrasting with the S&P 500's decline of -4.7% [3]. - The current consensus EPS estimate for the upcoming quarter is $0.34 on revenues of $594.5 million, and for the current fiscal year, it is $2.03 on revenues of $2.61 billion [7]. Industry Outlook - The Oil and Gas - Field Services industry, to which Kinetik Holdings belongs, is currently ranked in the bottom 43% of over 250 Zacks industries, indicating potential challenges ahead [8]. - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Kinetik Holdings' stock performance [5].
Watts Water (WTS) Q1 Earnings and Revenues Beat Estimates
ZACKS· 2025-05-08 00:40
Company Performance - Watts Water reported quarterly earnings of $2.37 per share, exceeding the Zacks Consensus Estimate of $2.12 per share, and showing an increase from $2.33 per share a year ago, representing an earnings surprise of 11.79% [1] - The company posted revenues of $558 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.20%, although this is a decrease from year-ago revenues of $570.9 million [2] - Over the last four quarters, Watts Water has consistently surpassed consensus EPS estimates and revenue estimates [2] Stock Performance - Since the beginning of the year, Watts Water shares have increased by approximately 4.2%, contrasting with a decline of 4.7% in the S&P 500 [3] - The current Zacks Rank for Watts Water is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $2.48 on revenues of $597.27 million, and for the current fiscal year, it is $9.10 on revenues of $2.26 billion [7] - The outlook for the Instruments - Control industry, to which Watts Water belongs, is currently in the bottom 31% of over 250 Zacks industries, which may impact the stock's performance [8]
Concentra Group (CON) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-08 00:35
Core Insights - Concentra Group reported quarterly earnings of $0.32 per share, exceeding the Zacks Consensus Estimate of $0.31 per share, but down from $0.47 per share a year ago, representing an earnings surprise of 3.23% [1] - The company generated revenues of $500.75 million for the quarter, surpassing the Zacks Consensus Estimate by 0.19% and showing an increase from $467.6 million year-over-year [2] - Concentra has outperformed the S&P 500, with shares rising approximately 9.7% since the beginning of the year, while the S&P 500 has declined by 4.7% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.38, with expected revenues of $536.22 million, and for the current fiscal year, the EPS estimate is $1.34 on revenues of $2.1 billion [7] - The estimate revisions trend for Concentra is favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Medical Services industry, to which Concentra belongs, is currently ranked in the top 27% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8]
ON24 (ONTF) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-08 00:35
Company Performance - ON24 reported a quarterly loss of $0.01 per share, better than the Zacks Consensus Estimate of a loss of $0.03, and compared to earnings of $0.02 per share a year ago, representing an earnings surprise of 66.67% [1] - The company posted revenues of $34.73 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.44%, but down from $37.73 million year-over-year [2] - Over the last four quarters, ON24 has exceeded consensus EPS estimates four times and topped consensus revenue estimates four times as well [2] Stock Performance - ON24 shares have declined approximately 27.6% since the beginning of the year, while the S&P 500 has decreased by 4.7% [3] - The current consensus EPS estimate for the upcoming quarter is $0.02 on revenues of $35.23 million, and for the current fiscal year, it is $0.01 on revenues of $139.37 million [7] Industry Outlook - The Internet - Software industry, to which ON24 belongs, is currently ranked in the top 37% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact ON24's stock performance [5]
BrightView Holdings (BV) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2025-05-08 00:25
Core Insights - BrightView Holdings (BV) reported quarterly earnings of $0.14 per share, exceeding the Zacks Consensus Estimate of $0.12 per share, and showing an increase from $0.11 per share a year ago, resulting in an earnings surprise of 16.67% [1] - The company generated revenues of $662.6 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 2.68%, although this represents a decline from $672.9 million in the same quarter last year [2] - BrightView shares have declined approximately 10.2% year-to-date, compared to a 4.7% decline in the S&P 500 [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.33, with expected revenues of $761.53 million, and for the current fiscal year, the consensus EPS estimate is $0.82 on revenues of $2.77 billion [7] - The estimate revisions trend for BrightView is mixed, leading to a Zacks Rank 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Industry Context - The Business - Services industry, to which BrightView belongs, is currently ranked in the top 25% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Another company in the same industry, Everi Holdings (EVRI), is expected to report quarterly earnings of $0.11 per share, reflecting a year-over-year increase of 120%, although its revenue is projected to decline by 4.3% from the previous year [9]
Centrus Energy Corp. (LEU) Q1 Earnings and Revenues Beat Estimates
ZACKS· 2025-05-08 00:10
Core Viewpoint - Centrus Energy Corp. reported quarterly earnings of $0.91 per share, significantly exceeding the Zacks Consensus Estimate of a loss of $0.10 per share, marking an earnings surprise of 1,010% [1] - The company also posted revenues of $73.1 million for the quarter, surpassing the Zacks Consensus Estimate by 11.66% and showing a year-over-year increase from $43.7 million [2] Financial Performance - The earnings report indicates that Centrus Energy has surpassed consensus EPS estimates three times over the last four quarters [2] - The company’s previous quarter earnings were $3.20 per share, against an expectation of $1.06, resulting in a surprise of 201.89% [1] - The current consensus EPS estimate for the upcoming quarter is $0.85, with projected revenues of $124.68 million, and for the current fiscal year, the estimate is $2.31 on revenues of $426.5 million [7] Market Position - Centrus Energy shares have increased by approximately 11.8% since the beginning of the year, contrasting with a decline of 4.7% in the S&P 500 [3] - The Mining - Non Ferrous industry, to which Centrus Energy belongs, is currently ranked in the top 25% of over 250 Zacks industries, indicating a favorable outlook [8] Future Outlook - The sustainability of the stock's price movement will largely depend on management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] - The current estimate revisions trend for Centrus Energy is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6]
SkyWater Technology, Inc. (SKYT) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-08 00:05
Company Performance - SkyWater Technology, Inc. reported a quarterly loss of $0.08 per share, which was better than the Zacks Consensus Estimate of a loss of $0.13, representing an earnings surprise of 38.46% [1] - The company posted revenues of $61.3 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.40%, but down from $79.64 million year-over-year [2] - Over the last four quarters, SkyWater Technology has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Movement and Outlook - SkyWater Technology shares have declined approximately 47.5% since the beginning of the year, compared to a decline of 4.7% for the S&P 500 [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 -$0.08 on $69 million in revenues, and -$0.07 on $309.2 million in revenues for the current fiscal year [7] Industry Context - The Electronics - Semiconductors industry, to which SkyWater Technology belongs, is currently ranked in the top 38% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact SkyWater Technology's stock performance [5][6]
Murphy USA (MUSA) Q1 Earnings and Revenues Lag Estimates
ZACKS· 2025-05-08 00:00
Core Viewpoint - Murphy USA reported quarterly earnings of $2.63 per share, missing the Zacks Consensus Estimate of $3.87 per share, representing a -32.04% earnings surprise [1] - The company posted revenues of $4.53 billion for the quarter, missing the Zacks Consensus Estimate by 5.05% and down from $4.84 billion a year ago [2] Group 1: Earnings Performance - The earnings for the previous year were $3.12 per share, indicating a decline in earnings year-over-year [1] - Over the last four quarters, the company has surpassed consensus EPS estimates three times [2] Group 2: Revenue Performance - The company has not been able to beat consensus revenue estimates over the last four quarters [2] - The current consensus EPS estimate for the coming quarter is $7.39 on $5.42 billion in revenues, and for the current fiscal year, it is $25.61 on $20.77 billion in revenues [7] Group 3: Market Performance - Murphy USA shares have added about 0.2% since the beginning of the year, while the S&P 500 has declined by -4.7% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Group 4: Industry Outlook - The Retail - Convenience Stores industry is currently in the top 39% of Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]
Zevia (ZVIA) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-07 23:51
Core Viewpoint - Zevia reported a quarterly loss of $0.06 per share, outperforming the Zacks Consensus Estimate of a loss of $0.10, marking a 40% earnings surprise [1][2] Financial Performance - The company achieved revenues of $38.02 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 3.04%, although this represents a decline from $38.8 million in the same quarter last year [2] - Over the last four quarters, Zevia has surpassed consensus EPS estimates three times and topped revenue estimates three times as well [2] Stock Performance - Zevia shares have declined approximately 51.8% since the beginning of the year, contrasting with the S&P 500's decline of 4.7% [3] - The current Zacks Rank for Zevia is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The consensus EPS estimate for the upcoming quarter is -$0.04 on revenues of $43.17 million, and for the current fiscal year, it is -$0.24 on revenues of $160.21 million [7] - The trend of estimate revisions for Zevia is currently mixed, which may change following the recent earnings report [6] Industry Context - The Beverages - Soft drinks industry, to which Zevia belongs, is currently ranked in the top 20% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]
Digi International (DGII) Beats Q2 Earnings Estimates
ZACKS· 2025-05-07 23:40
Company Performance - Digi International reported quarterly earnings of $0.51 per share, exceeding the Zacks Consensus Estimate of $0.49 per share, and showing an increase from $0.49 per share a year ago, representing an earnings surprise of 4.08% [1] - The company posted revenues of $104.5 million for the quarter ended March 2025, which was below the Zacks Consensus Estimate by 0.13% and a decrease from $107.7 million in the same quarter last year [2] - Over the last four quarters, Digi International has surpassed consensus EPS estimates two times and topped consensus revenue estimates only once [2] Stock Outlook - The stock has underperformed the market, losing about 7.4% since the beginning of the year compared to the S&P 500's decline of 4.7% [3] - The current consensus EPS estimate for the upcoming quarter is $0.50 on revenues of $105.76 million, and for the current fiscal year, it is $1.99 on revenues of $422.12 million [7] - The estimate revisions trend for Digi International is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Computer - Networking industry, to which Digi International belongs, is currently ranked in the bottom 37% 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]