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Knight-Swift Transportation Holdings (KNX) Q2 Earnings Beat Estimates
ZACKS· 2025-07-23 22:20
Company Performance - Knight-Swift Transportation Holdings reported quarterly earnings of $0.35 per share, exceeding the Zacks Consensus Estimate of $0.34 per share, and up from $0.24 per share a year ago, representing an earnings surprise of +2.94% [1] - The company posted revenues of $1.86 billion for the quarter ended June 2025, which missed the Zacks Consensus Estimate by 0.38%, and is slightly up from $1.85 billion year-over-year [2] - Over the last four quarters, Knight-Swift has surpassed consensus EPS estimates four times but has only topped consensus revenue estimates once [2] Stock Performance - Knight-Swift shares have declined approximately 14.8% since the beginning of the year, contrasting with the S&P 500's gain of 7.3% [3] - The current Zacks Rank for Knight-Swift 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 $0.42 on revenues of $1.96 billion, and for the current fiscal year, it is $1.52 on revenues of $7.63 billion [7] - The outlook for the Transportation - Truck industry is currently in the bottom 8% of over 250 Zacks industries, which may impact Knight-Swift's stock performance [8]
Tesla (TSLA) Beats Q2 Earnings and Revenue Estimates
ZACKS· 2025-07-23 22:20
Core Insights - Tesla reported quarterly earnings of $0.4 per share, exceeding the Zacks Consensus Estimate of $0.39 per share, but down from $0.52 per share a year ago, indicating an earnings surprise of +2.56% [1] - The company generated revenues of $22.5 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.28%, but down from $25.5 billion year-over-year [2] - Tesla shares have declined approximately 17.8% year-to-date, contrasting with the S&P 500's gain of 7.3% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.50 on revenues of $25.3 billion, and for the current fiscal year, it is $1.75 on revenues of $93.86 billion [7] - The trend of estimate revisions for Tesla was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell), suggesting expected underperformance in the near future [6] Industry Context - The Automotive - Domestic industry, to which Tesla belongs, is currently ranked in the bottom 26% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and earnings estimate revisions, which can be tracked by investors [5]
Mattel (MAT) Q2 Earnings Top Estimates
ZACKS· 2025-07-23 22:16
Core Viewpoint - Mattel reported quarterly earnings of $0.19 per share, exceeding the Zacks Consensus Estimate of $0.16 per share, and matching the earnings from the previous year, indicating a positive earnings surprise of +18.75% [1] Financial Performance - The company achieved revenues of $1.02 billion for the quarter ended June 2025, which fell short of the Zacks Consensus Estimate by 3.79% and represented a decline from $1.08 billion in the same quarter last year [2] - Over the last four quarters, Mattel has surpassed consensus EPS estimates four times and topped consensus revenue estimates two times [2] Stock Performance - Mattel shares have increased approximately 12.2% since the beginning of the year, outperforming the S&P 500's gain of 7.3% [3] Future Outlook - The company's earnings outlook will be crucial for determining the stock's immediate price movement, with current consensus EPS estimates at $1.16 on $1.88 billion in revenues for the upcoming quarter and $1.64 on $5.46 billion in revenues for the current fiscal year [4][7] - The estimate revisions trend for Mattel 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 Toys - Games - Hobbies industry, to which Mattel belongs, is currently ranked in the bottom 7% of over 250 Zacks industries, suggesting potential challenges ahead [8]
Waste Connections (WCN) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2025-07-23 22:16
Core Insights - Waste Connections (WCN) reported quarterly earnings of $1.29 per share, exceeding the Zacks Consensus Estimate of $1.25 per share, and showing an increase from $1.24 per share a year ago, resulting in an earnings surprise of +3.20% [1] - The company generated revenues of $2.41 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.74% and increasing from $2.25 billion year-over-year [2] - Waste Connections has outperformed the S&P 500, with shares rising about 7.7% since the beginning of the year compared to the S&P 500's gain of 7.3% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.44 on revenues of $2.49 billion, and for the current fiscal year, it is $5.18 on revenues of $9.52 billion [7] - The estimate revisions trend for Waste Connections was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Waste Removal Services industry, to which Waste Connections belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact investor sentiment [5]
T-Mobile (TMUS) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2025-07-23 22:11
Group 1 - T-Mobile reported quarterly earnings of $2.84 per share, exceeding the Zacks Consensus Estimate of $2.69 per share, and up from $2.49 per share a year ago, representing an earnings surprise of +5.58% [1][2] - The company achieved revenues of $21.13 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.77%, and an increase from $19.77 billion year-over-year [2] - T-Mobile has consistently surpassed consensus EPS estimates over the last four quarters, indicating strong performance [2][6] Group 2 - The stock's immediate price movement will depend on management's commentary during the earnings call and future earnings expectations [3][4] - T-Mobile shares have increased approximately 5.7% since the beginning of the year, compared to a 7.3% gain for the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is $2.75 on revenues of $21.41 billion, and for the current fiscal year, it is $10.59 on revenues of $86.38 billion [7] Group 3 - The Zacks Industry Rank indicates that the Wireless National industry is currently in the bottom 28% of over 250 Zacks industries, which may impact T-Mobile's 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]
Here's Why Amphastar (AMPH) is Poised for a Turnaround After Losing 13.1% in 4 Weeks
ZACKS· 2025-07-23 14:36
Core Viewpoint - Amphastar Pharmaceuticals (AMPH) has experienced a significant downtrend, with a 13.1% decline in stock price over the past four weeks, but it is now in oversold territory, suggesting a potential turnaround due to improved earnings expectations from analysts [1]. Group 1: Technical Analysis - The Relative Strength Index (RSI) is a key technical indicator used to determine if a stock is oversold, with readings below 30 indicating oversold conditions [2]. - AMPH's current RSI reading is 29.97, suggesting that the heavy selling pressure may be exhausting, indicating a possible bounce back towards equilibrium in supply and demand [5]. Group 2: Fundamental Analysis - Analysts have shown strong consensus in raising earnings estimates for AMPH, with a 3.4% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [7]. - AMPH 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, further supporting the potential for a near-term turnaround [8].
Figs (FIGS) Moves 5.8% Higher: Will This Strength Last?
ZACKS· 2025-07-23 14:31
Company Overview - Figs (FIGS) shares increased by 5.8% to $6.38 in the last trading session, with a notable trading volume, and have gained 13.1% over the past four weeks [1] - The company is expected to report quarterly earnings of $0.02 per share, reflecting a year-over-year increase of 100%, with revenues projected at $144.57 million, a 0.2% increase from the previous year [3] Performance Drivers - Key factors supporting Figs' stock performance include customer growth, strong full-priced selling, record average order value in Q1, and a solid balance sheet [2] - Ongoing strategic investments and a focus on category leadership are expected to enhance long-term growth potential [2] Earnings Estimates and Market Position - The consensus EPS estimate for Figs has remained unchanged over the last 30 days, indicating stability in earnings expectations [4] - The stock currently holds a Zacks Rank of 1 (Strong Buy), suggesting positive market sentiment [4] Industry Context - Figs operates within the Zacks Retail - Apparel and Shoes industry, where Allbirds, Inc. (BIRD) also competes, having closed 13.1% higher at $11.77 in the last session [4] - Allbirds has a Zacks Rank of 3 (Hold) and its EPS estimate has decreased by 8.8% year-over-year [5]
GitLab Inc. (GTLB) Just Reclaimed the 50-Day Moving Average
ZACKS· 2025-07-23 14:31
Group 1 - GitLab Inc. (GTLB) has recently reached a key level of support and has overtaken the 50-day moving average, indicating a short-term bullish trend [1] - The 50-day simple moving average is a significant indicator for traders and analysts to determine support or resistance levels, and GTLB's recent movement of 7.5% higher over the last four weeks suggests potential for further gains [2] - There have been 9 upward revisions in earnings estimates for GTLB compared to none lower, with the consensus estimate also moving up, reinforcing the bullish outlook for the company [3]
Unlocking Q2 Potential of Brown & Brown (BRO): Exploring Wall Street Estimates for Key Metrics
ZACKS· 2025-07-23 14:16
Core Insights - Wall Street analysts forecast that Brown & Brown (BRO) will report quarterly earnings of $0.99 per share, reflecting a year-over-year increase of 6.5% [1] - Anticipated revenues are projected to be $1.28 billion, indicating an 8.3% increase compared to the same quarter last year [1] Earnings Estimates - The consensus EPS estimate has been revised downward by 5.4% in the past 30 days, indicating a reassessment by covering analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions to the stock [3] Revenue Projections - Analysts estimate 'Revenues- Commissions and fees' to be $1.26 billion, a 9.4% increase from the previous year [5] - 'Revenues- Investment income' is expected to be $18.51 million, showing a decline of 15.9% year-over-year [5] - 'Revenues- Core commissions and fees' are projected at $1.22 billion, reflecting a 9.5% increase from the prior year [5] Specific Revenue Metrics - 'Revenues- Profit-sharing contingent commissions' are expected to reach $41.21 million, a 14.5% increase from the year-ago quarter [6] - 'Core Commissions and Fees- National Programs' are forecasted at $351.83 million, indicating a 7.3% increase [6] - 'Core Commissions and Fees- Retail' are projected to be $695.13 million, reflecting a 9.3% increase [6] - 'Core Commissions and Fees- Wholesale Brokerage' is estimated at $165.56 million, a 7.5% increase [7] EBITDAC Estimates - 'Adjusted EBITDAC- Retail' is projected to be $212.15 million, up from $181.00 million in the previous year [7] - 'Adjusted EBITDAC- Wholesale Brokerage' is expected to be $52.19 million, slightly down from $53.00 million year-over-year [7] - 'Adjusted EBITDAC- National Programs' is anticipated to be $179.40 million, compared to $178.00 million in the same quarter last year [8] Stock Performance - Over the past month, shares of Brown & Brown have returned -7%, contrasting with the Zacks S&P 500 composite's +5.9% change [8] - Currently, BRO holds a Zacks Rank 2 (Buy), suggesting potential outperformance in the near future [8]
Ahead of Western Union (WU) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics
ZACKS· 2025-07-23 14:16
Core Viewpoint - Analysts expect Western Union to report quarterly earnings of $0.44 per share, indicating no change from the previous year, with revenues projected at $1.04 billion, down 2.9% year-over-year [1]. Earnings Estimates - There has been a 0.3% upward revision in the consensus EPS estimate over the last 30 days, reflecting analysts' reassessment of their forecasts [2]. - Changes in earnings estimates are crucial for predicting investor reactions to the stock, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts predict 'Revenue- Consumer Services' to be $115.08 million, representing a year-over-year increase of 13.5% [5]. - The estimate for 'Revenue- Consumer Money Transfer' is $919.69 million, indicating a decline of 4.7% compared to the previous year [5]. Transaction Estimates - The consensus estimate for 'Consumer Money Transfer transactions - Total' is 73.04 million, slightly down from 73.30 million reported in the same quarter last year [6]. Market Performance - Western Union shares have returned +0.5% over the past month, while the Zacks S&P 500 composite has increased by +5.9%, suggesting that WU is expected to perform in line with the overall market [6].