Core Insights - Valvoline Inc reported disappointing earnings for Q4, with earnings per share at 45 cents, missing the analyst consensus estimate of 47 cents, and quarterly sales of $453.800 million, also below the consensus estimate of $454.919 million [1] - The company projects FY2026 adjusted EPS between $1.60 and $1.70, with sales expected to be between $2.000 billion and $2.100 billion [1] Management Commentary - Lori Flees, President and CEO, expressed gratitude towards franchise partners and employees, emphasizing their role in driving growth and the company's strong positioning for fiscal 2026 [2] - The company received FTC approval for the acquisition of Breeze Autocare, expecting to close the transaction on December 1st [2] Stock Performance - Following the earnings announcement, Valvoline shares fell by 1% to $30.34 [2] Analyst Ratings and Price Targets - Goldman Sachs maintained a Buy rating but lowered the price target from $47 to $41 [5] - Baird maintained an Outperform rating, reducing the price target from $44 to $40 [5] - RBC Capital kept an Outperform rating while cutting the price target from $48 to $44 [5] - Wells Fargo maintained an Overweight rating, lowering the price target from $42 to $38 [5] - TD Cowen maintained a Buy rating and slashed the price target from $45 to $37 [5]

Core Insights - Endava plc reported mixed results for the first quarter, with adjusted earnings of 20 cents per share, surpassing market estimates of 8 cents per share, while quarterly sales were $240.314 million, below expectations of $245.910 million [1] - The company anticipates second-quarter adjusted earnings between 20 cents to 23 cents per share, with sales projected between $241.410 million to $245.456 million [1] Financial Performance - The first quarter results were impacted by an unexpected credit to a client and certain strategic pipeline opportunities that did not convert into revenue as expected [2] - Despite these challenges, the company secured a multi-year strategic relationship with a leading payments company worth up to $100 million, indicating strong client relationships [2] Stock Performance and Analyst Ratings - Following the earnings announcement, Endava shares increased by 2.2%, trading at $7.10 [3] - Analysts adjusted their price targets for Endava, with Needham maintaining a Buy rating and lowering the target from $12 to $9, Guggenheim also maintaining a Buy rating with a target reduction from $18 to $15, and JP Morgan maintaining a Neutral rating with a target cut from $13 to $10 [5]

Mondelez International MDLZ reported better-than-expected earnings for the second quarter on Tuesday. The company posted quarterly earnings of 73 cents per share which beat the analyst consensus estimate of 68 cents per share. The company reported quarterly sales of $8.984 billion which beat the analyst consensus estimate of $8.831 billion. "We posted accelerated top-line growth in Q2 2025 underpinned by strong pricing execution in our chocolate business and robust growth across the vast majority of our geo ...