Ross Stores, Inc. (ROST) is likely to post year-over-year top-line growth when it reports third-quarter fiscal 2025 earnings on Nov. 20, after market close. The Zacks Consensus Estimate for quarterly revenues is pegged at $5.41 billion, indicating a rise of 6.7% from the year-ago quarter’s figure.The consensus estimate for earnings is pegged at $1.40 per share, down 5.4% from $1.48 earned in the year-earlier period. The consensus mark has risen a penny in the past seven days.ROST has a trailing four-quarter ...

Core Insights - The TJX Companies, Inc. is expected to report growth in both revenue and earnings for the third quarter of fiscal 2026, with projected revenues of $14.88 billion, reflecting a 5.8% increase year-over-year [1][9] - The consensus estimate for earnings per share is $1.22, indicating a 7% rise compared to the same period last year [2][9] - The company has a history of exceeding earnings expectations, with a trailing four-quarter earnings surprise average of 5.4% [2] Business Performance - TJX has benefited from a strong off-price retail model, attracting consumers looking for branded merchandise at competitive prices, leading to increased customer traffic and transactions across all divisions [3] - The company has leveraged its flexible buying model and global vendor network to provide fresh assortments, which has positively impacted its performance [3] - Strong inventory management and the ability to capitalize on favorable buying opportunities have also contributed to the company's success [4] Sales and Earnings Projections - TJX anticipates consolidated comparable sales growth of 2-3% and total sales between $14.7 billion and $14.8 billion for the third quarter [5] - Earnings per share are projected to be in the range of $1.17 to $1.19, representing a 3-4% increase year-over-year [5] Cost Pressures - The company is facing challenges from rising expenses, particularly in store wages and payroll costs, which have raised concerns [6] - Tariff impacts are also a concern for the company, with management projecting a pretax profit margin of 12% to 12.1%, a decline of 20-30 basis points from the previous year's margin of 12.3% [6] Earnings Expectations - The current model predicts an earnings beat for TJX, supported by a positive Earnings ESP of +2.87% and a Zacks Rank of 3 [7]

Core Insights - Copa Holdings, S.A. (CPA) is set to report its third-quarter 2025 results on November 20, with earnings estimates revised down by 0.25% to $4.03 per share and revenue estimates at $915 million, reflecting a 7.1% year-over-year growth [1][9] Financial Performance Expectations - The company has a strong earnings surprise history, having outperformed the Zacks Consensus Estimate in the last four quarters with an average beat of 7.27% [2] - Passenger revenues are projected to increase to $875.4 million, a 7% rise compared to the third-quarter 2024, while cargo and mail segment revenues are expected to reach $27.6 million, marking a 12.8% year-over-year increase [4] Capacity and Cost Factors - CPA anticipates a 7-8% year-over-year growth in consolidated capacity for 2025, with an expected operating margin of 21-23% and a load factor of 87%, up from 86.3% in 2024 [3] - Operating costs are expected to rise by 6% in Q3 2025 compared to Q3 2024, driven by a 10% increase in wages and a 7.9% rise in airport facilities and handling charges [5] Earnings Prediction Model - The earnings prediction model indicates a likely earnings beat for Copa Holdings, supported by a positive Earnings ESP of +1.93% and a Zacks Rank of 3 (Hold) [6] Recent Performance Highlights - In Q2 2025, Copa Holdings reported earnings per share of $3.61, exceeding the Zacks Consensus Estimate of $3.25, and revenues of $842.60 million, surpassing the estimate of $834.8 million, attributed to an 8% increase in onboard passengers [7]

Core Insights - American Public Education, Inc. (APEI) is set to report its third-quarter 2025 results on November 10, after market close [1] - The company reported an adjusted loss per share that was narrower than the Zacks Consensus Estimate by 71.4%, with revenues exceeding the consensus by 1.1% and growing 6.5% year over year [1] Revenue Performance - APEI's revenue growth is attributed to an increase in students utilizing federal student aid and military-affiliated education benefit programs, along with effective marketing and enrollment strategies [4] - The Zacks Consensus Estimate for revenues in Q3 is $160.5 million, reflecting a 4.8% increase from $153.1 million in the same quarter last year [3] - The company expects net course registrations in the APUS segment to rise by 5-7% year over year, with enrollments in the RU and HCN segments projected to increase by 10% and 18%, respectively [5][6] Earnings Outlook - APEI anticipates a loss per share between 15 cents and 4 cents for the third quarter, with adjusted EBITDA expected to be between $15 million and $17 million, representing a year-over-year increase of 16-32% [8] - The company projects total costs and expenses to rise by 7.7% to $160.4 million compared to the previous year, driven by increased faculty compensation and marketing costs [9] Earnings Prediction Model - The Zacks model indicates that APEI does not have a strong likelihood of an earnings beat this quarter, with an Earnings ESP of 0.00% and a Zacks Rank of 4 (Sell) [10][11]

Core Insights - Chevron Corporation has reported its third consecutive quarterly earnings beat, showcasing strong operational execution despite a volatile oil market [1][7][16] Production and Financial Performance - Chevron achieved record production of 4,086 thousand oil-equivalent barrels per day, significantly boosted by the Hess acquisition and increased output from the Permian Basin and Kazakhstan's Tengiz field [3][6] - Operating cash flow (excluding working capital) rose nearly 20% year over year to $9.9 billion, supporting $3.4 billion in dividends and $2.6 billion in share buybacks [4][6] Downstream and Upstream Dynamics - Downstream earnings surged 91% to $1.1 billion, effectively offsetting weaker upstream profits due to declining crude prices [8][10] - Upstream earnings fell 28% year over year, primarily impacted by lower oil prices and integration costs from the Hess acquisition [10][11] Valuation and Market Position - Chevron's stock trades at a premium valuation of approximately 19.5X forward price-to-earnings, higher than peers like Shell and ExxonMobil [14] - The Zacks Consensus Estimate predicts a significant profit drop of 27.5% for Chevron in 2025, raising concerns about the stock's upside potential [14][15] Future Outlook - While Chevron's long-term fundamentals remain strong, current integration costs and elevated valuation create a less compelling risk-reward profile for investors [16][17]

Key Takeaways Zacks Consensus Estimate projects Q3 EPS at 49 cents, flat YoY and revenues at $6.79B, up 0.83% YoY. Streaming momentum from Paramount and strong CBS sports likely supported DTC segment growth.Merger integration costs and linear TV declines may have pressured overall Q3 profitability.Paramount Skydance Corporation  (PSKY) is scheduled to report its third-quarter 2025 results on Nov. 10.The Zacks Consensus Estimate for PSKY’s third-quarter revenues is currently pegged at $6.79 billion, indicati ...

Core Insights - IPG Photonics reported third-quarter 2025 adjusted earnings of 35 cents per share, exceeding the Zacks Consensus Estimate by 19 cents and reflecting a 9% year-over-year increase [1] - Revenues reached $250.8 million, an 8% year-over-year growth, surpassing the consensus mark by 6.59% [1] - The company anticipates fourth-quarter 2025 sales between $230 million and $260 million, with adjusted gross margin expected to be between 36% and 39% [8] Revenue Breakdown - Year-over-year revenue growth was driven by increased sales in materials processing, medical, and advanced applications, with emerging growth product sales contributing 52% of total revenues, down from 54% in the previous quarter [2] - Materials processing, which constitutes 88% of total revenues, increased 6% year over year to $212.3 million, supported by higher sales in welding, additive manufacturing, and micromachining [3] - Revenues from other applications rose 20% year over year, primarily due to higher sales in medical and advanced applications [4] Geographic Performance - Sales in Europe declined by 7%, while North America and Asia saw increases of 8% and 15% year over year, respectively [6] Financial Metrics - The adjusted gross margin for the quarter was 39.8%, up 360 basis points year over year [6] - Adjusted EBITDA increased by 33% year over year to $37 million [6] Cash Flow and Investments - As of September 30, 2025, IPG Photonics had $900.6 million in cash and cash equivalents, short-term investments, and long-term investments [7] - In the third quarter, the company allocated $21 million for capital expenditures and $16 million for share repurchases [7]

Core Insights - Warner Bros. Discovery (WBD) is expected to report third-quarter 2025 results on November 6, with revenues estimated at $9.18 billion, reflecting a year-over-year decline of 4.64% [1] - The consensus estimate for loss is projected at 4 cents per share, a significant drop from a profit of 5 cents in the same quarter last year, although this estimate has improved by 4 cents over the past month [1] Revenue Estimates - The Zacks consensus estimate for third-quarter 2025 Studios revenues is $3.18 billion, indicating an 18.8% increase from the previous year [9] - Streaming revenues are estimated at $2.74 billion, suggesting a rise of 4.1% year-over-year [9] - Global Linear Networks revenues are projected at $3.95 billion, reflecting a decrease of 21.1% from the year-ago quarter [10] - Distribution revenues are expected to be $4.81 billion, indicating a 2.1% decline [10] - Advertising revenues are pegged at $1.48 billion, suggesting an 11.8% decrease [10] - Content revenues are estimated at $2.77 billion, indicating a 2% rise from the previous year [11] Earnings Performance - In the last reported quarter, WBD achieved an earnings surprise of 171.43%, beating the Zacks Consensus Estimate in two of the last four quarters, with an average positive surprise of 3.8% [3] - The company has a current Earnings ESP of +35% and a Zacks Rank of 3 (Hold), indicating a potential for an earnings beat [4] Operational Highlights - WBD entered Q3 2025 with strong momentum in theatrical and streaming operations, following a successful Q2 [5] - The Streaming segment reported its first quarterly profit of $293 million, while Studios' revenues surged by 54% year-over-year [5] - Global streaming subscribers increased by 3.4 million to reach 125.7 million [5] Theatrical Performance - WBD's theatrical portfolio led the global box office, with significant openings including Superman at $125 million domestically [6] - The company is projected to surpass $4 billion in global box office receipts for 2025, outperforming competitors like Disney and Amazon Studios [7] Market Position and Valuation - WBD shares have appreciated 110.9% year-to-date, significantly outperforming its industry and sector peers [12] - The company is currently trading at 1.46X forward 12-month price-to-sales, below the industry average of 4.73X, making it the most attractively valued among major media peers [14]

Core Insights - Astronics Corporation (ATRO) is expected to report third-quarter 2025 results on November 4, with revenue estimates of $213.3 million, indicating a 4.7% year-over-year growth, and earnings per share (EPS) estimated at 42 cents, reflecting a 20% increase from the previous year [1][6]. Financial Performance - The Zacks Consensus Estimate for the current quarter's EPS is 0.42, with a year-over-year growth estimate of 20% [2]. - ATRO has a strong earnings surprise history, beating the Zacks Consensus Estimate in the last four quarters with an average surprise of 78.54% [2][3]. Revenue Drivers - Increased demand for cabin power, in-flight entertainment, and connectivity products from airlines is expected to boost sales in the Aerospace segment, which constitutes approximately 90% of total revenues [7][8]. - The military aircraft market is also anticipated to contribute positively due to heightened demand for lighting and safety products [7]. Cost and Margin Considerations - The Test Systems unit may experience a year-over-year sales decline due to revised cost estimates and delays in a long-term mass transit contract [8]. - Strong sales performance in the Aerospace segment, along with gross profit margin expansion and cost savings from restructuring, are expected to enhance overall earnings [9]. Stock Performance and Valuation - ATRO's shares have increased by 205.4% year-to-date, outperforming the Zacks Aerospace-Defense Equipment industry's growth of 33.4% and the S&P 500's gain of 17.9% [10]. - The forward 12-month price-to-sales (P/S) ratio for ATRO is 1.87X, significantly lower than the peer group average of 4.79X, indicating a more attractive valuation [12][14]. Industry Context - The global aerospace and defense industry continues to show strong growth prospects, although ATRO faces challenges such as supply-chain disruptions and rising costs of raw materials [15][16]. - The company maintains a strong position in the defense sector, providing resilience during market downturns, despite being heavily leveraged compared to peers [17]. Investment Outlook - ATRO is positioned for solid third-quarter performance, supported by projected growth in sales and earnings, a favorable Zacks Rank, and strong share price momentum, making it an attractive investment in the aerospace sector [18].

Key Takeaways Emerson will report fiscal Q4 2025 results on Nov. 5, with EPS expected at $1.62 on revenues of $4.88 billion.Growth is projected across both segments, fueled by solid power and process demand and AspenTech integrationCost inflation and restructuring expenses could weigh on margins despite strong underlying sales growth.Emerson Electric Co. (EMR) is likely to witness earnings and revenue growth when it reports fourth-quarter fiscal 2025 (ended Sept. 30, 2025) results on Nov. 5, before market o ...