ABM (ABM) reported mixed fourth-quarter fiscal 2025 results. Earnings per share (EPS) missed the Zacks Consensus Estimate, while revenues beat the same.Dismal earnings results disappointed investors, as the ABM stock has declined 7.7% since the release of results on Dec. 17.ABM’s EPS (excluding 32 cents from non-recurring items) was 88 cents, which missed the Zacks Consensus Estimate by 20% and declined 2.2% year over year. Total revenues of $2.3 billion surpassed the consensus mark by 1.2% and increased 5. ...

财报显示，耐克核心增长引擎呈现分化态势。北美市场表现强劲，当季营收同比增长9%，其中批发业 务暴涨24%，成为拉动整体业绩的关键动力。不过，大中华区仍面临复苏挑战。当季大中华区营收同比 下降17%，其中数字业务下滑36%，批发业务下降15%，EBIT(息税前利润)降幅达49%。 周五，耐克(NKE.US)盘前大跌逾10%，截至发稿，报58.80美元。消息面上，12月18日，耐克公布了截 至2025年11月30日的2026财年第二季度财报。数据显示，公司当季营收达124亿美元，按报告口径同比 增长1%，剔除汇率影响后与上年同期持平，超出市场此前预期。尽管整体营收实现温和增长，但净利 润降至8亿美元，同比下降32%；每股收益0.53美元，低于上年同期的0.78美元。 ...

Key Takeaways DRI posted Q2 EPS of $2.08, missing estimates, while revenues beat and the stock rose 2.9% premarket.DRI revenues rose 7.3% on a 4.3% blended same-restaurant sales gain and contributions from net new openings.Darden lifted fiscal 2026 sales growth to 8.5-9.3% and comps to 3.5-4.3%.Darden Restaurants, Inc. (DRI) reported second-quarter fiscal 2026 results, with earnings missing the Zacks Consensus Estimate, but revenues beat the same. Following the results, the stock rose 5% in today’s pre-mark ...

Core Insights - DocuSign, Inc. (DOCU) reported strong third-quarter fiscal 2026 results, with earnings per share (EPS) and revenues exceeding the Zacks Consensus Estimate, yet the stock declined by 4.9% post-earnings release on December 4 [1] Financial Performance - EPS, excluding 61 cents from non-recurring items, was $1.01, surpassing the Zacks Consensus Estimate by 9.8% and increasing 12.2% year-over-year [2] - Total revenues reached $818.4 million, beating the consensus mark by 1.5% and rising 8.4% from the same quarter in fiscal 2025 [2] Segmental Revenues - Subscription revenues amounted to $800.96 million, a 9.02% year-over-year increase, exceeding the estimate of $788.4 million [3] - Professional services and other revenues were $17.39 million, down 13.6% year-over-year, falling short of the expectation of $17.70 million [3] - Billings totaled $829.5 million, up 10% from the previous year, surpassing the anticipated $792.8 million [3] Profitability Metrics - Non-GAAP gross margin was 81.8%, compared to 82.5% in the same period last year, exceeding the estimate of 81.1% [4] - Non-GAAP gross profit was $669.5 million, a 7.6% year-over-year growth, beating the expectation of $653.9 million [4] - Non-GAAP operating margin increased to 31.4%, up 180 basis points year-over-year, surpassing the estimate of 28.1% [4] Balance Sheet & Cash Flow - At the end of Q3 fiscal 2026, cash and cash equivalents were $583.29 million, down from $648.6 million at the end of fiscal 2025 [5] - Net cash generated from operating activities was $290.3 million for the reported quarter, with free cash flow of $262.9 million [5] Guidance - For Q4 fiscal 2026, the company expects revenues between $825 million and $829 million, with a midpoint of $827 million slightly above the Zacks Consensus Estimate of $826.3 million [6] - Subscription revenues are anticipated to be in the range of $808-$812 million, and billing revenues between $992 million and $1 billion [6] - For fiscal 2026, revenues are expected to be between $3.208 billion and $3.212 billion, aligning closely with the Zacks Consensus Estimate of $3.21 billion [7]

Core Insights - Maximus, Inc. (MMS) reported disappointing fourth-quarter fiscal 2025 results, with both earnings and revenues falling short of the Zacks Consensus Estimate, yet the stock rose 5.6% post-earnings release on Nov. 20 [1][8] - Adjusted earnings per share were $1.62, missing estimates by 0.6% but showing an 11% year-over-year increase. Revenues reached $1.32 billion, missing the consensus by 1.5% but increasing 0.19% year over year [1][8] Segmental Performance - The U.S. Federal Services segment generated revenues of $747.9 million, up 10.8% year over year, exceeding the estimate of $737.9 million [2] - The Outside the U.S. segment reported revenues of $141.2 million, down 20.3% year over year, but surpassed the anticipated $110.7 million [2] - The U.S. Services segment's revenues were $429.3 million, a decline of 7.4% year over year, falling short of the estimate of $474.2 million [2] Sales and Pipeline - Year-to-date signed contract awards totaled $4.7 billion as of Sept. 30, 2025, with pending contracts amounting to $331 million [3] - The sales pipeline stood at $51.3 billion, including $3.37 billion in pending proposals, $1.37 billion in proposals in preparation, and $46.6 billion in tracking opportunities [3] - The book-to-bill ratio was 0.9 on a trailing 12-month basis [3] Operating Performance - Operating income was $122.86 million, reflecting a 9.9% year-over-year increase, but below the expected adjusted operating income of $148.4 million, which was down 10.1% year over year [4] - The adjusted operating income margin improved to 9.32%, an increase of 82 basis points year over year [4] Financial Position - Maximus ended the quarter with cash and cash equivalents of $222 million, up from $59.8 million in the previous quarter [5] - The company generated $429 million in cash from operations, with free cash flow reported at $366 million [5] Fiscal 2026 Guidance - For fiscal 2026, total revenues are expected to range between $5.225 billion and $5.425 billion, below the Zacks Consensus Estimate of $5.61 billion [6] - Adjusted earnings are anticipated to be between $7.95 and $8.25 per share, exceeding the current consensus estimate of $7.34 [6] - The company projects an adjusted EBITDA margin of approximately 13.6-13.7% [6] - Free cash flow is expected to be between $450 million and $500 million, with interest expenses around $69 million and an effective income tax rate of approximately 25% [7]

Core Insights - Kohl's Corporation reported better-than-expected third-quarter fiscal 2025 results, with adjusted earnings per share of 10 cents, surpassing the analyst consensus estimate of a loss of 20 cents [1] - Quarterly revenue reached $3.41 billion, reflecting a year-over-year increase of 2.8% and exceeding the Street's estimate of $3.32 billion, although comparable sales declined by 1.7% [1] Financial Performance - The company raised its fiscal 2025 adjusted EPS guidance to a range of $1.25–$1.45, up from the previous guidance of 50–80 cents, compared to the consensus estimate of 71 cents [2] - Kohl's expects net sales to decline between 3.5% and 4% for the fiscal year [2] Leadership Changes - The Board of Kohl's unanimously named Michael J. Bender as CEO, effective November 23, 2025, after serving as interim CEO since May 1, 2025 [2] Stock Performance - Following the earnings announcement, Kohl's shares increased by 42.5%, closing at $22.42 [3] - Analysts adjusted their price targets for Kohl's, with Evercore ISI Group raising it from $13 to $21 and Telsey Advisory Group increasing it from $16 to $23 [5]

Core Insights - Gap, Inc. reported third-quarter earnings that exceeded analyst expectations, with earnings of 62 cents per share compared to the estimated 59 cents [2][4] - The company's quarterly revenue reached $3.94 billion, surpassing the analyst consensus estimate of $3.91 billion [2][5] Segment Performance - Old Navy achieved third-quarter net sales of $2.3 billion, reflecting a 5% increase year-over-year, with comparable sales up 6% [6] - Gap's third-quarter net sales were $951 million, a 6% increase from the previous year, with comparable sales rising 7%, marking the eighth consecutive quarter of positive comparable sales [6] - Banana Republic reported third-quarter net sales of $464 million, down 1% year-over-year, but with comparable sales up 4% [6] Future Outlook - The company raised its fiscal 2025 revenue outlook to a range of $15.36 billion to $15.4 billion, compared to the previous estimate of $15.32 billion [5]

Core Insights - Tencent reported a total revenue of 557.395 billion RMB for the first three quarters of 2025, representing a year-on-year growth of 14% [1] - The company's non-IFRS operating profit for the same period was 211.138 billion RMB, showing an 18% increase year-on-year [1] - In Q3 alone, Tencent achieved a revenue of 192.87 billion RMB, with a year-on-year growth of 15% [1] Revenue Breakdown - Value-added services revenue grew by 16% year-on-year to 95.86 billion RMB, accounting for 50% of total revenue [3] - Marketing services revenue increased by 21% year-on-year to 36.242 billion RMB, representing 19% of total revenue [3] - Financial technology and enterprise services revenue rose by 10% year-on-year to 58.174 billion RMB, making up 30% of total revenue [3] Financial Technology Services - Financial technology services revenue experienced high single-digit percentage growth, driven by increased income from commercial payment activities and consumer loan services [3] - The growth rate of commercial payment amounts improved compared to Q2, supported by strong growth in online payment amounts and an improving trend in offline payment amounts, particularly in the retail and transportation sectors [3]

Core Insights - Green Dot (GDOT) reported strong third-quarter 2025 results, with both earnings and revenues exceeding the Zacks Consensus Estimate, yet the stock declined by 4% post-earnings release on November 10 [1] Financial Performance - Quarterly earnings per share (EPS) of 6 cents, excluding 62 cents from non-recurring items, surpassed the consensus estimated loss of 11 cents and improved by 53.9% year-over-year [2] - Revenues reached $491.9 million, beating the Zacks Consensus Estimate by 1% and increasing by 20% year-over-year [2] Segment Performance - B2B Services revenues surged by 32% to $364.2 million, driven by a BaaS partner and stability across the BaaS portfolio [3] - Money Movement Services revenues declined by 6% to $29.8 million, affected by a slight dip in Money Processing, although Tax Processing saw revenue growth [3] - Consumer Services segment revenues fell by 10% to $88.3 million, primarily due to secular headwinds in the Retail channel, partially offset by the recent launch of PLS [4] Key Metrics - Gross dollar volume increased by 18% to $39.5 million, while purchase volume decreased by 5.1% to $4.74 billion [5] - Active accounts rose by 0.9% year-over-year to 3.51 million [5] - Adjusted EBITDA totaled $23.57 million, down 17% year-over-year, with the adjusted EBITDA margin decreasing by 220 basis points to 4.8% [6] Balance Sheet & Cash Flow - Green Dot ended the third quarter with $1.64 billion in unrestricted cash and cash equivalents, up from $1.59 billion at the end of Q4 2024, and had no long-term debt [7] - The company generated $201.03 million in cash from operating activities [7] Guidance - Green Dot provided 2025 guidance for total operating revenues between $2 billion and $2.1 billion, with the midpoint aligning with the Zacks Consensus Estimate [8] - Adjusted EPS guidance was raised to a range of $1.31-$1.44, above the previous range of $1.28-$1.42, with the midpoint exceeding the Zacks Consensus Estimate of $1.35 [9] - Adjusted EBITDA is expected to be between $165 million and $175 million, an increase from the previous guidance of $160 million to $170 million [9]

Core Insights - Insperity, Inc. (NSP) reported disappointing third-quarter 2025 results, leading to a 22.8% decline in stock price since the earnings release on November 3 due to poor earnings, revenues, and weak EPS guidance [1][3] Financial Performance - For Q3 2025, NSP registered an adjusted loss of $0.20 per share, missing the consensus estimate of a $0.22 profit, and down from earnings of $0.39 per share in the same quarter last year [3][9] - Revenues for Q3 2025 were $1.6 billion, slightly missing the Zacks Consensus Estimate but representing a 4% increase from the previous year [3][9] - Gross profit decreased by 15% year-over-year to $195 million, with a gross margin of 12%, down 140 basis points from Q3 2024 [5][9] - Operating loss for the quarter was $25 million, compared to an operating income of $1 million in the year-ago quarter [6] Guidance and Outlook - For Q4 2025, NSP's guidance for loss per share is set at 79-16 cents, lower than the Zacks Consensus Estimate of 7 cents per share [1] - The adjusted EPS guidance for 2025 has been lowered to $0.84-$1.47 from a previous range of $1.81-$2.51, which is also below the Zacks Consensus Estimate of $2.11 per share [2] - Adjusted EBITDA guidance for Q4 is maintained at -$29 to $9 million, while the 2025 guidance is reduced to $119-$153 million from $170-$205 million [8][9] Employee Metrics - The average number of worksite employees paid per month increased by 1% year-over-year to 312,842, with revenues per worksite employee per month rising by 3% to $1,729 [4] Balance Sheet and Cash Flow - As of the end of Q3 2025, NSP had cash and cash equivalents of $422 million, down from $441 million in the previous quarter, with long-term debt remaining flat at $369 million [7]