Wells Fargo & Company (NYSE:WFC) posted stronger-than-expected fourth-quarter earnings on Wednesday.Wells Fargo reported fourth-quarter 2025 net income of $5.4 billion, or $1.62 per diluted share, up from $5.1 billion, or $1.43 per share, a year earlier.The bank reported fourth-quarter adjusted earnings of $1.76, beating the consensus of $1.67.Revenue increased 4% year over year to $21.3 billion, supported by growth in both net interest and fee income. Analysts expected $21.65 billion.Looking ahead to 2026, ...

CarMax Inc. (NYSE:KMX) reported better-than-expected third-quarter 2025 earnings on Thursday.The used-car retail giant reported earnings per share of 43 cents, beating the analyst consensus estimate of 39 cents. Adjusted earnings per share for the quarter were 51 cents, which excluded restructuring charges of 8 cents per share. Quarterly sales of $5.794 billion, down 6.9% year-over-year, surpassed the Street view of $5.678 billion.“Our unmatched physical and digital infrastructure, beloved national brand, a ...

Core Insights - CarMax Inc. reported better-than-expected third-quarter 2025 earnings with earnings per share of 43 cents, surpassing the analyst consensus estimate of 39 cents [1] - Adjusted earnings per share for the quarter were 51 cents, excluding restructuring charges of 8 cents per share [1] - Quarterly sales reached $5.794 billion, a decrease of 6.9% year-over-year, but exceeded the Street view of $5.678 billion [1] Management Commentary - Interim President and CEO David McCreight acknowledged the need for change despite the company's strong physical and digital infrastructure, brand, and culture [2] - McCreight emphasized the commitment to position CarMax for success while the Board searches for a permanent CEO [2] - Following the earnings announcement, CarMax shares dipped 1.6% to $38.71 [2] Analyst Reactions - Mizuho analyst David Bellinger maintained a Neutral rating and lowered the price target from $46 to $36 [4] - Wedbush analyst Scott Devitt also maintained a Neutral rating and cut the price target from $40 to $36 [4] - Stephens & Co. analyst Jeff Lick maintained an Equal-Weight rating and reduced the price target from $39 to $36 [4] - JP Morgan analyst Rajat Gupta maintained an Underweight rating and lowered the price target from $30 to $28 [4] - RBC Capital analyst Steven Shemesh maintained a Sector Perform rating and raised the price target from $34 to $37 [4]

Core Insights - Signet Jewelers Limited reported stronger-than-expected third-quarter results, indicating a resilient business ahead of the holiday season [1] Financial Performance - Quarterly sales reached $1.391 billion, reflecting a 3.1% year-over-year increase, surpassing the expected $1.370 billion [2] - Adjusted earnings per share for the third quarter were 63 cents, exceeding the anticipated 29 cents [2] Strategic Outlook - The company raised its 2026 adjusted EPS outlook to a range of $8.43–$9.59 from a previous range of $8.04–$9.57, compared to the analyst estimate of $9.13 [3] - Signet also increased its 2026 sales forecast to $6.70 billion–$6.83 billion from $6.67 billion–$6.82 billion, against a consensus of $6.824 billion [3] Market Reaction - Following the earnings announcement, Signet shares fell by 6.8%, trading at $89.19 [3] Analyst Ratings - Telsey Advisory Group maintained a Market Perform rating and raised the price target from $92 to $96 [5] - Wells Fargo maintained an Equal-Weight rating but lowered the price target from $100 to $90 [5] - UBS maintained a Buy rating and increased the price target from $110 to $115 [5]

Core Insights - Deere & Company reported strong fourth-quarter results with earnings per share of $3.93, surpassing the consensus estimate of $3.88, and a quarterly sales increase of 11% year-over-year to $12.39 billion, exceeding the consensus of $9.85 billion [1][3] Financial Performance - The company achieved its best results in the current cycle despite facing challenges and uncertainties, attributed to structural improvements and diverse customer segments [2] - For fiscal 2026, Deere expects net income to range from $4.0 billion to $4.75 billion, indicating a year-over-year decline of 20% to 5.5%, with projected operating cash flow of $4.0 billion to $5.0 billion [3] Sales Projections - Deere anticipates a decline in production and precision agriculture sales by 5% to 10% for fiscal 2026, while small agriculture and turf revenue, along with construction and forestry sales, are expected to rise by approximately 10% [3] Stock Performance - Following the earnings announcement, Deere shares increased by 0.6%, trading at $472.82 [3] Analyst Ratings - RBC Capital analyst maintained an Outperform rating but lowered the price target from $542 to $541 [6] - Truist Securities analyst kept a Buy rating and raised the price target from $609 to $612 [6] - Evercore ISI Group analyst maintained an In-Line rating and reduced the price target from $487 to $458 [6]

Core Insights - The Progressive Corporation reported weaker-than-expected earnings for Q3, with earnings per share at $4.06, missing the consensus estimate of $5.04 [1] - Quarterly sales were reported at $20.849 billion, also falling short of the analyst consensus estimate of $21.819 billion [1] - Following the earnings announcement, Progressive shares declined by 2.2% to $221.57 [1] Analyst Ratings and Price Targets - B of A Securities analyst Joshua Shanker maintained a Buy rating and raised the price target from $350 to $351 [3] - Citigroup analyst Matthew Heimermann maintained a Buy rating but lowered the price target from $312 to $301.38 [3] - Wells Fargo analyst Elyse Greenspan maintained an Equal-Weight rating and reduced the price target from $266 to $246 [3] - BMO Capital analyst Michael Zaremski maintained a Market Perform rating and cut the price target from $252 to $247 [3] - Keefe, Bruyette & Woods analyst Meyer Shields maintained a Market Perform rating and lowered the price target from $270 to $262 [3]

Core Insights - Chewy Inc. reported better-than-expected earnings for Q1, with adjusted earnings of 35 cents per share, a 12.9% increase year-over-year, surpassing the consensus of 34 cents and management guidance of 30-35 cents [1] - The company achieved sales of $3.12 billion, reflecting an 8.3% year-over-year growth, exceeding the consensus of $3.08 billion and management guidance of $3.06 billion-$3.09 billion [1] Financial Outlook - For fiscal year 2025, Chewy anticipates sales between $12.30 billion and $12.45 billion, slightly below Wall Street's estimate of $12.54 billion [2] - The expected adjusted EBITDA margin for 2025 is projected to be between 5.4% and 5.7%, compared to 4.8% for fiscal year 2024 [2] - For Q2 2025, Chewy forecasts sales of $3.06 billion to $3.09 billion, above the consensus of $3.03 billion, and adjusted earnings of 30-35 cents per share versus a consensus of 31 cents [2] Stock Performance - Following the earnings announcement, Chewy shares increased by 2.5%, trading at $41.79 [3] Analyst Ratings and Price Targets - JP Morgan analyst Doug Anmuth maintained an Overweight rating and raised the price target from $36 to $47 [6] - Mizuho analyst David Bellinger maintained a Neutral rating and lowered the price target from $47 to $44 [6] - Wedbush analyst Scott Devitt maintained an Outperform rating and raised the price target from $39 to $45 [6] - Evercore ISI Group analyst Mark Mahaney maintained an Outperform rating and raised the price target from $47 to $52 [6] - Citigroup analyst Steven Zaccone maintained a Buy rating and raised the price target from $42 to $49 [6] - Guggenheim analyst Steven Forbes maintained a Buy rating and raised the price target from $42 to $45 [6]