Core Viewpoint - Evercore ISI maintains an Outperform rating and a $70 price target for The Trade Desk, anticipating a modest earnings beat in Q4 and constructive guidance for the future [1]. Group 1: Earnings Expectations - The Trade Desk is expected to deliver a modest earnings beat in Q4, with guidance likely to be in line, indicating a favorable outlook for Q1 [1]. - The firm estimates that gross spend excluding political ads decelerated by 2 percentage points in Q4 2024, following 8-point decelerations in both Q3 and Q2 2024 [3]. Group 2: Market Position and Competitive Landscape - Shares of The Trade Desk have declined approximately 33% year to date, leading to muted market expectations, prompting Evercore to reiterate its Tactical Outperform positioning [2]. - Despite some softness in the consumer packaged goods (CPG) category and increased competition from Amazon DSP, The Trade Desk has enhanced its value propositions, such as Audience Unlimited, to drive higher platform engagement and spending [2]. Group 3: Profitability Outlook - Evercore expects Street EBITDA estimates to be achievable and aligned with management guidance, implying roughly 9% quarter-over-quarter expense growth, which is above recent seasonal norms [3].

Key Takeaways Photronics expects Q1 revenues of $217-$225M and EPS of 51-59 cents per share.PLAB saw record high-end IC revenues, driven by U.S. and Asia demand in advanced nodes.Mainstream IC softness, geopolitical uncertainty and short backlog may weigh on results.Photronics (PLAB) is set to report its first-quarter fiscal 2026 results on Feb. 25.For the to-be-reported quarter, PLAB expects revenues between $217 million and $225 million. Non-GAAP earnings are expected to be between 51 cents and 59 cents p ...

Key Takeaways SJM expects sales growth driven by Hostess Brands and steady demand across core lines. Pricing actions and distribution gains are supporting revenue momentum.Earnings may decline as green coffee costs and higher expenses weigh on margins.The J. M. Smucker Company (SJM) is likely to witness top-line growth when it reports third-quarter fiscal 2026 earnings on Feb. 26. The Zacks Consensus Estimate for revenues is pegged at $2.3 billion, indicating a roughly 6% increase from the prior-year quarte ...

Key Takeaways Papa John's Q4 EPS is projected at 33 cents, down 47.6% from last year.PZZA revenues are expected to slip 3% to $514.9M on weak North America sales.Papa John's faces pressure from lower transactions and higher marketing spend.Papa John's International, Inc. (PZZA) is scheduled to report fourth-quarter 2025 results on Feb. 26, before the opening bell. In the last reported quarter, its earnings missed the Zacks Consensus Estimate by 20%.PZZA’s earnings topped the consensus mark in three of the t ...

Core Insights - CF Industries Holdings, Inc. reported quarterly earnings that exceeded expectations, with an EPS of $2.59, surpassing analysts' estimates of $2.53 by $0.06 [3][6] - The company achieved revenue of $1.87 billion, which is a 22.8% increase compared to the same quarter last year and above the expected $1.78 billion [3][6] - CIBC has set a new price target of $100 for CF Industries, indicating a potential upside of 3.87% from its current trading price of $96.27 [1][6] Stock Performance - Following the earnings announcement, CF's stock surged by 7.2%, reaching a high of $105.27 during mid-day trading [2][6] - The trading volume was 1.57 million shares, which represents a 31% decline from the average daily volume of 2.26 million shares [2] - The current stock price is $96.48, reflecting a decrease of 2.99% or $2.98 from previous trading [4] Financial Metrics - The company's return on equity is reported at 19.95%, with a net margin of 20.54%, indicating efficient management and profitability [4] - Over the past year, CF Industries' stock has fluctuated between a high of $104.45 and a low of $67.34, suggesting a promising outlook based on strong financial results [5]

The stock is moving higher as the broader market is experiencing positive momentum, with the Nasdaq up 0.62% today, contributing to the bullish sentiment.Earnings SnapshotTandem Diabetes on Thursday reported a smaller-than-expected fourth quarter adjusted loss of one cent compared to the consensus loss of eight cents.Sales increased 3% year over year to $290.4 million, beating the consensus of $277.03 million.Adjusted gross profit jumped from 51% to 58%. The company reported adjusted operating profit of $8. ...

Core Insights - Primoris Services Corporation (PRIM) is set to report its fourth-quarter 2025 results on February 23, after market close, with previous quarter's adjusted EPS and revenues exceeding Zacks Consensus Estimates by 44.1% and 20.3% respectively [1] Group 1: Earnings and Revenue Estimates - The Zacks Consensus Estimate for Q4 EPS remains unchanged at 95 cents, reflecting a 15.9% year-over-year decline from $1.13 [2] - The revenue estimate for Q4 is pegged at $1.7 billion, indicating a 2.7% decrease from $1.74 billion reported in the same quarter last year [2] Group 2: Factors Influencing Q4 Results - Revenue performance is expected to be impacted by reduced contributions from the Utilities segment due to a decline in storm-related work and adverse weather affecting the Pipeline business [3][4] - The Energy segment is anticipated to show strong momentum, driven by record activity in utility-scale solar and battery storage projects, partially offsetting the downturn in other segments [4] Group 3: Segment Performance and Backlog - The Zacks Consensus Estimate for revenues in the Energy segment is $1.2 billion, indicating a year-over-year growth of 9%, while the Utilities segment is expected to decline by 9% to $604 million [5] - The backlog for the Energy segment is expected to be $4.83 billion, down 23.9% year-over-year, while the Utilities segment's backlog is projected to increase by 20.5% to $6.65 billion [10] Group 4: Earnings and Margins - The bottom line is expected to decline year-over-year due to margin compression in both segments, with Utilities margins pressured by the absence of high-margin storm restoration work [7] - Gross profit for the Utilities segment is expected to decrease by 32.3% to $54.4 million, while the Energy segment's gross profit is expected to rise by 29.8% to $134.9 million [9] Group 5: Financial Position - The company has made significant progress in deleveraging its balance sheet and generating free cash flow, positioning it to capitalize on demand for power generation and opportunities in the data center market [6]

Core Insights - Monster Beverage Corporation (MNST) is anticipated to report strong growth in both revenue and earnings for Q4 2025, driven by robust demand for energy drinks, effective pricing strategies, and ongoing international market expansion [1][9] Revenue and Earnings Estimates - The Zacks Consensus Estimate for Q4 revenues is $2.1 billion, reflecting a 13% increase from the same quarter last year [2][9] - The consensus estimate for earnings is 49 cents per share, indicating a 28.98% rise compared to the previous year [2][9] - The consensus estimates have remained stable over the past 30 days, with the company having a history of positive earnings surprises [2][8] Demand and Market Trends - Continued strength in global energy drink demand is expected, particularly in North America, EMEA, and Asia-Pacific regions [3] - The energy drink category is experiencing healthy growth, supported by increased household penetration and consumer interest in functionality and lifestyle [3] - Monster Beverage's diverse product portfolio, including Monster Energy and the Ultra family, positions the company to capitalize on evolving consumer preferences, especially for zero-sugar and flavored products [3] Innovation and Product Mix - Product innovation, particularly within the Ultra and Juice Monster families, is a key growth driver, supported by strong demand for zero-sugar options and new flavor launches [4] - Limited-time offerings and athlete-backed products are crucial for maintaining brand relevance and encouraging repeat purchases [4] Pricing and Cost Management - Pricing actions and cost management are expected to significantly influence profitability, with selective price adjustments and reduced promotional allowances anticipated to help maintain gross margins [5] - Ongoing supply chain optimization and strategic hedging against aluminum price volatility are expected to stabilize input costs [5] International Performance and Macro Conditions - International markets are contributing positively to Monster Beverage's performance, although currency fluctuations and regulatory developments present potential challenges [6] Operating Expenses - The company is facing high operating expenses due to increased costs related to sponsorships, endorsements, and payroll, which may necessitate tighter expense management to preserve margins [7] Valuation and Stock Performance - Monster Beverage's stock is trading at a premium, with a forward P/E ratio of 35.49x compared to the industry average of 20.08x [11] - The stock has gained 29.5% over the past six months, outperforming the industry growth of 14.6% [13]

Core Insights - The energy sector is experiencing contrasting trends in oil and natural gas prices, leading to an intriguing earnings season for energy companies [1] Oil and Natural Gas Pricing Trends - In Q4 2024, average monthly WTI crude prices were $71.99, $69.95, and $70.12 per barrel, while in Q4 2025, they dropped to $60.89, $60.06, and $57.97, indicating a significant year-over-year decline due to global oversupply and OPEC+ production cuts [2] - Conversely, U.S. Henry Hub average natural gas prices rose from $2.20 in October to $3.01 in December 2024, and further increased to $3.19, $3.79, and $4.26 in Q4 2025, showing a positive year-over-year trend [3] Energy Sector Earnings Performance - Approximately 45.8% of S&P 500 oil and energy companies reported Q4 results, with earnings growth of 27.1% year over year despite a 1.3% decline in revenues, indicating strong performance quality as 81.8% exceeded EPS and revenue expectations [4] - The blended outlook for Q4 2025 suggests earnings growth of 13.7% year over year, a significant increase from 3.2% in Q3, although revenues are projected to decline slightly by 0.4%, indicating profit gains driven by margin expansion and cost discipline [5] Company-Specific Insights - TechnipFMC plc (FTI) has an Earnings ESP of +1.61% and a Zacks Rank 2, indicating a high likelihood of an earnings beat, with a consensus estimate of 51 cents per share, reflecting a 5.6% decrease from the prior year [9][11] - Transocean Ltd. (RIG) has an Earnings ESP of +5.88% and a Zacks Rank 3, with a consensus estimate of 9 cents per share, indicating a 200% increase from the prior year [12] - Targa Resources Corp. (TRGP) has an Earnings ESP of +0.18% and a Zacks Rank 3, with a consensus estimate of $2.37 per share, reflecting a 64.6% increase from the prior year [14]

Core Insights - Fomento Economico Mexicano, S.A.B. de C.V. (FMX) is expected to report fourth-quarter 2025 earnings on February 25, with anticipated growth in both revenue and earnings [1][9] Revenue and Earnings Estimates - The Zacks Consensus Estimate for FMX's fourth-quarter revenues is $12.4 billion, reflecting a growth of 24.6% compared to the same quarter last year [1][9] - The consensus estimate for quarterly earnings is $1.53 per share, a significant increase from 46 cents reported in the previous year [2][9] - The earnings estimate has decreased by one cent in the past 30 days [2] Business Growth Factors - FEMSA is experiencing growth across its business units, supported by effective growth strategies and investments in digital and technology-driven initiatives [3] - The Digital@FEMSA unit is focused on creating a digital and financial ecosystem, with successful products like the OXXO digital wallet and loyalty program [3] - The company is expanding its footprint in the specialized distribution industry, which is part of its strategy to invest in adjacent businesses and leverage capabilities across different markets [4] Cost Pressures - FEMSA is facing cost pressures from inflation, rising labor expenses, and supply-chain inefficiencies, which may negatively impact profitability [5] Earnings Prediction - The company's Earnings ESP is +3.92%, and it holds a Zacks Rank of 3, indicating a potential earnings beat [6] Market Performance and Valuation - FEMSA's shares have increased by 8.4% over the past three months, while the industry has grown by 12.5% [7] - The company is trading at a forward 12-month P/E multiple of 24.64X, which is higher than the industry average of 20.08X [7]