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Top Wall Street Forecasters Revamp Tapestry Expectations Ahead Of Q4 Earnings
Benzinga· 2025-08-14 08:11
Tapestry, Inc. TPR will release earnings results for the fourth quarter before the opening bell on Thursday, Aug. 14. Analysts expect the New York-based company to report quarterly earnings at $1.02 per share, up from 92 cents per share in the year-ago period. Tapestry projects to report quarterly revenue of $1.68 billion, compared to $1.59 billion a year earlier, according to data from Benzinga Pro. On July 15, Gen Phoenix, a leader in eco-friendly recycled leather fibers, revealed a renewed multi-year col ...
Abbott Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2025-07-16 15:43
Core Insights - Abbott Laboratories is set to release its second-quarter earnings results on July 17, with expected earnings of $1.25 per share, an increase from $1.14 per share in the same period last year [1] - The company anticipates quarterly revenue of $11.02 billion, up from $10.38 billion a year earlier [1] - Abbott received FDA approval for its Tendyne™ transcatheter mitral valve replacement system, which positively impacted its stock price [2] Analyst Ratings - Morgan Stanley analyst David Lewis maintained an Equal-Weight rating and raised the price target from $127 to $137 [5] - Raymond James analyst Jayson Bedford maintained an Outperform rating and increased the price target from $132 to $142 [5] - Barclays analyst Matt Miksic maintained an Overweight rating and slightly raised the price target from $158 to $159 [5] - Stifel analyst Rick Wise maintained a Buy rating and increased the price target from $135 to $145 [5] - Jefferies analyst Matthew Taylor maintained a Hold rating and raised the price target from $135 to $137 [5]
J.B. Hunt Transport Gears Up For Q2 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2025-07-08 14:17
Core Viewpoint - J.B. Hunt Transport Services, Inc. is expected to report stable earnings and revenue for the second quarter, maintaining figures from the previous year [1] Financial Performance - For the second quarter, analysts anticipate earnings of $1.32 per share, unchanged from the same period last year [1] - Projected quarterly revenue is $2.93 billion, consistent with the previous year's revenue [1] - In the first quarter, J.B. Hunt reported a 7.6% decline in profit [2] Stock Performance - Following the first quarter results, J.B. Hunt Transport shares fell by 2.2%, closing at $149.56 [2] Analyst Ratings - Truist Securities maintained a Hold rating and raised the price target from $130 to $140 [4] - Susquehanna maintained a Neutral rating and increased the price target from $140 to $155 [4] - Goldman Sachs downgraded the stock from Buy to Neutral with a price target of $164 [4] - JP Morgan maintained an Overweight rating but cut the price target from $167 to $150 [4] - UBS maintained a Buy rating and reduced the price target from $196 to $155 [4]
Top Wall Street Forecasters Revamp CarMax Expectations Ahead Of Q1 Earnings
Benzinga· 2025-06-18 15:53
Financial Performance - CarMax is set to release its first-quarter financial results on June 20, with analysts expecting earnings of $1.17 per share, an increase from $0.97 per share in the same period last year [1] - The company projects quarterly revenue of $7.53 billion, compared to $7.11 billion a year earlier [1] - CarMax reported weaker-than-expected earnings for the fourth quarter on April 10 [1] Stock Performance - CarMax shares fell by 2.2%, closing at $64.43 on Tuesday [2] Analyst Ratings - Wedbush analyst Scott Devitt reiterated an Outperform rating with a price target of $90 [4] - RBC Capital analyst Steven Shemesh maintained an Outperform rating but reduced the price target from $103 to $80 [4] - JP Morgan analyst Rajat Gupta maintained an Underweight rating and lowered the price target from $72 to $65 [4] - Truist Securities analyst Scot Ciccarelli maintained a Hold rating and increased the price target from $72 to $88 [4] - Oppenheimer analyst Brian Nagel maintained an Outperform rating with a price target of $105 [4]
Darden Restaurants Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2025-06-18 07:06
Group 1 - Darden Restaurants, Inc. is set to release its fourth-quarter financial results on June 20, with expected earnings of $2.96 per share, an increase from $2.65 per share in the same quarter last year [1] - The company projects quarterly revenue of $3.26 billion, up from $2.96 billion a year earlier [1] - In the third quarter, Darden reported revenue growth of 6.2% year-on-year to $3.158 billion, which was below the analyst consensus estimate of $3.215 billion [2] Group 2 - Analyst ratings for Darden Restaurants show varied opinions, with Wells Fargo maintaining an Equal-Weight rating and increasing the price target from $200 to $225 [5] - Evercore ISI Group maintained an Outperform rating and raised the price target from $230 to $250 [5] - UBS maintained a Buy rating and boosted the price target from $225 to $245, while Jefferies upgraded the stock from Underperform to Hold and raised the price target from $165 to $210 [5]
5 Stocks In The Spotlight From Wall Street's Most Accurate Analysts Last Week
Benzinga· 2025-06-09 13:34
Market Overview - U.S. stocks closed higher on Friday, with the Dow Jones index gaining over 400 points following the release of jobs data [1] Analyst Ratings and Insights - Benzinga's Analyst Ratings API provides high-quality stock ratings through partnerships with major sell-side banks, displaying overnight rating changes daily [2] - Analyst insights from Benzinga Pro subscribers have been shown to outperform the stock market as trading indicators [2] Top Analyst Picks - Benzinga offers access to the latest analyst ratings, allowing traders to sort by analyst accuracy [3] - The most accurate Wall Street analysts include Trevor Walsh and Alexander Paris [3] Recent Analyst Ratings - **CrowdStrike Holdings, Inc. (CRWD)**: JMP Securities maintained an Outperform rating with a price target of $500, indicating a 6% upside [5] - **HealthEquity, Inc. (HQY)**: Barrington Research maintained an Outperform rating and raised the price target from $112 to $125, indicating a 12% surge potential [5] - **Amazon.com, Inc. (AMZN)**: JP Morgan maintained an Overweight rating and increased the price target from $225 to $240, indicating a 12% upside [5] - **LGI Homes, Inc. (LGIH)**: Wedbush maintained a Neutral rating and cut the price target from $100 to $93, indicating a 90% upside [5] - **Broadcom Inc. (AVGO)**: An analyst reiterated a Buy rating and boosted the price target from $267 to $295, indicating a 20% upside [6] Company News - CrowdStrike's CEO expressed confidence in the company's financial practices amid a Department of Justice inquiry [5] - HealthEquity reported better-than-expected first-quarter adjusted EPS results and raised its FY26 guidance [5] - Amazon cut jobs in its books division, including roles at Goodreads and Kindle [5] - LGI Homes reported 416 home closings in May [5] - Broadcom reported second-quarter revenue of $15 billion, exceeding analyst estimates of $14.99 billion [6]