Company Performance - Norwegian Cruise Line (NCLH) closed at $21.96, down 4.19% from the previous trading session, which is less than the S&P 500's daily loss of 0.43% [1] - The stock has increased by 2.69% over the past month, outperforming the Consumer Discretionary sector's decline of 3.62% and the S&P 500's gain of 0.89% [1] Upcoming Earnings - The company is expected to report an EPS of $0.28, reflecting a 7.69% increase compared to the same quarter last year [2] - Revenue is anticipated to be $2.35 billion, up 11.41% from the prior-year quarter [2] Full Year Estimates - For the full year, earnings are projected at $2.11 per share, a 15.93% increase from the previous year, while revenue is estimated to remain at $9.94 billion [3] Analyst Estimates - Recent modifications to analyst estimates indicate short-term business trends, with positive revisions suggesting optimism about profitability [4] - The Zacks Consensus EPS estimate has decreased by 3.07% in the past month, and NCLH currently holds a Zacks Rank of 3 (Hold) [6] Valuation Metrics - NCLH is trading with a Forward P/E ratio of 8.77, which is below the industry average Forward P/E of 18.22 [7] - The company has a PEG ratio of 0.52, compared to the Leisure and Recreation Services industry's average PEG ratio of 1.37 [8] Industry Context - The Leisure and Recreation Services industry, part of the Consumer Discretionary sector, has a Zacks Industry Rank of 164, placing it in the bottom 34% of over 250 industries [9] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [9]

分组1 - Royal Caribbean reported quarterly earnings of $2.8 per share, slightly missing the Zacks Consensus Estimate of $2.81 per share, but showing an increase from $1.63 per share a year ago, resulting in an earnings surprise of -0.29% [1] - The company posted revenues of $4.26 billion for the quarter ended December 2025, which was below the Zacks Consensus Estimate by 0.24%, and an increase from $3.76 billion year-over-year [2] - Over the last four quarters, Royal Caribbean has surpassed consensus EPS estimates three times, but has not beaten consensus revenue estimates during the same period [2] 分组2 - The stock's immediate price movement will depend on management's commentary during the earnings call, with Royal Caribbean shares up about 4.6% year-to-date compared to the S&P 500's gain of 1.9% [3] - The current consensus EPS estimate for the upcoming quarter is $3.00 on revenues of $4.4 billion, and for the current fiscal year, it is $17.72 on revenues of $19.56 billion [7] - The Leisure and Recreation Services industry, to which Royal Caribbean belongs, is currently ranked in the bottom 25% of over 250 Zacks industries, indicating potential challenges for stock performance [8]

Company Performance - AMC Entertainment closed at $1.45, reflecting a -2.68% change from the previous day, underperforming the S&P 500's gain of 0.41% [1] - Over the past month, AMC shares have declined by 8.59%, compared to a loss of 3.34% in the Consumer Discretionary sector and a gain of 0.38% in the S&P 500 [1] Upcoming Earnings - AMC is projected to report earnings of -$0.14 per share, indicating a year-over-year growth of 22.22% [2] - Revenue is estimated at $1.31 billion, reflecting a 0.24% increase from the prior-year quarter [2] Full Year Estimates - For the full year, earnings are projected at -$1.15 per share, representing a 10.16% increase from the previous year [3] - Revenue for the full year is estimated at $4.85 billion, showing no change from the prior year [3] Analyst Forecasts - Recent revisions to analyst forecasts for AMC are crucial as they indicate changing business trends [4] - Positive revisions in estimates suggest a favorable outlook on the company's health and profitability [4] Zacks Rank and Industry Performance - The Zacks Rank system indicates a current rank of 4 (Sell) for AMC, with an 11.91% decline in the consensus EPS estimate over the past month [6] - The Leisure and Recreation Services industry, part of the Consumer Discretionary sector, has a Zacks Industry Rank of 186, placing it in the bottom 25% of all industries [7]

Company Performance - Trip.com (TCOM) stock increased by 1.26% to $62.88, outperforming the S&P 500's daily gain of 0.03% [1] - Over the last month, TCOM shares decreased by 14.04%, while the Consumer Discretionary sector lost 3.17% and the S&P 500 gained 0.6% [1] Upcoming Financial Results - The upcoming EPS for Trip.com is projected at $0.72, indicating a 20.00% increase compared to the same quarter of the previous year [2] - Revenue is estimated to be $2.1 billion, reflecting a 20.05% increase compared to the same quarter of the previous year [2] Annual Forecast - Zacks Consensus Estimates forecast earnings of $6.38 per share and revenue of $8.71 billion for the year, showing changes of +77.72% and 0%, respectively, compared to the previous year [3] - Recent analyst estimate revisions indicate optimism regarding Trip.com's business and profitability [3] Analyst Ratings - The Zacks Rank system rates Trip.com as 1 (Strong Buy), with a historical average annual return of +25% for stocks rated 1 since 1988 [5] - The Zacks Consensus EPS estimate has remained stagnant over the past month [5] Valuation Metrics - Trip.com has a Forward P/E ratio of 14.64, which is lower than its industry's Forward P/E of 17.9, indicating a valuation discount [6] - The company holds a PEG ratio of 1.84, compared to the Leisure and Recreation Services industry's average PEG ratio of 1.47 [6] Industry Context - The Leisure and Recreation Services industry, part of the Consumer Discretionary sector, has a Zacks Industry Rank of 181, placing it in the bottom 27% of over 250 industries [7] - Research indicates that top-rated industries outperform the bottom half by a factor of 2 to 1 [7]

Core Viewpoint - Investors in Planet Fitness, Inc. should closely monitor the stock due to significant movements in the options market, particularly the high implied volatility of the Feb. 20, 2026 $80 Call option [1] Group 1: Implied Volatility - Implied volatility indicates the market's expectations for future price movements, with high levels suggesting anticipation of significant changes, potentially due to upcoming events [2] - High implied volatility in options can signal that traders expect a major price movement in either direction, which may lead to a rally or sell-off [2] Group 2: Analyst Sentiment - Planet Fitness currently holds a Zacks Rank 3 (Hold) in the Leisure and Recreation Services industry, which is in the bottom 26% of the Zacks Industry Rank [3] - Over the past 60 days, four analysts have raised their earnings estimates for the current quarter, resulting in an increase of the Zacks Consensus Estimate from 77 cents to 78 cents per share [3] Group 3: Trading Strategies - The high implied volatility surrounding Planet Fitness could indicate a developing trading opportunity, as options traders often seek to sell premium on such options to capture decay [4] - Seasoned traders typically hope that the underlying stock does not move as much as initially expected by expiration, allowing them to profit from the premium collected [4]

Company Performance - AMC Entertainment closed at $1.61, with a daily increase of 2.55%, outperforming the S&P 500's gain of 1.16% [1] - Over the past month, AMC shares have decreased by 6.55%, while the Consumer Discretionary sector and S&P 500 saw losses of 3.58% and 0.42%, respectively [1] Financial Projections - The upcoming EPS for AMC is projected at -$0.06, reflecting a 66.67% increase compared to the same quarter last year [2] - Revenue is estimated to be $1.39 billion, indicating a growth of 6.23% year-over-year [2] - Full-year estimates predict earnings of -$1.15 per share and revenue of $4.95 billion, with year-over-year changes of +10.16% for earnings and 0% for revenue [3] Analyst Sentiment - Changes in analyst estimates for AMC are crucial as they indicate near-term business trends, with positive revisions suggesting optimism about profitability [3] - The Zacks Rank system, which incorporates estimate changes, currently ranks AMC at 3 (Hold) [5] Industry Context - The Leisure and Recreation Services industry, part of the Consumer Discretionary sector, holds a Zacks Industry Rank of 176, placing it in the bottom 29% of over 250 industries [6] - Stronger industry groups, as indicated by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [6]

Core Insights - Vail Resorts, Inc. (MTN) reported a weak early ski season performance, with metrics indicating significant declines compared to the previous year [1][2] Group 1: Early Season Performance - The early ski season is one of the weakest in over 30 years, attributed to snowfall being approximately 50% below the 30-year average and nearly 60% below average in the Rockies [2] - Terrain availability was limited to about 11% in December, negatively impacting visitation and guest spending [2] - Season-to-date skier visits fell by 20.0%, while total lift revenues declined by 1.8% [4] Group 2: Financial Expectations - Vail Resorts expects its full-year Resort Reported EBITDA to be slightly below the lower end of the previously issued guidance range of $842 million to $898 million [5] - The company cited risks related to slower-than-expected recovery and continued weak conditions in the Rockies [5] Group 3: Strategic Initiatives - The company is committed to its advanced commitment strategy and has introduced initiatives such as Epic Friends tickets and a lift ticket program to support future visitation [6] - Increased marketing spend beyond traditional channels is expected to drive long-term growth [6] Group 4: Stock Performance - Shares of Vail Resorts declined by 2.4% during the trading session following the news and have fallen 12% over the past six months, compared to a 7.8% decline in the Zacks Leisure and Recreation Services industry [3][7] - The company's near-term prospects are affected by challenging weather conditions, but strategic initiatives may offer potential upside [7]

Core Insights - The Zacks Leisure and Recreation Services industry is experiencing growth due to optimized business processes, partnerships, and digital initiatives, with strong demand for concerts and cruise bookings supporting this trend [1] Industry Overview - The industry includes various recreation providers such as cruise operators, theme parks, and entertainment venues, thriving on economic growth that boosts consumer demand [2] Trends Influencing the Industry - The cruise sector is seeing strong demand and booking volumes, particularly in North America and Europe, with solid pricing and onboard spending contributing positively [3] - Theme parks are benefiting from increased visitation and consumer spending, enhanced by technology integration like augmented and virtual reality [4] - Digital tools are improving customer engagement and operational efficiency, with data analytics aiding in staffing and scheduling [5] - Leisure operators are increasing revenue through premium options and memberships, enhancing customer relationships while maintaining profitability [6] Industry Performance - The Zacks Leisure and Recreation Services industry ranks 104, placing it in the top 43% of 244 Zacks industries, indicating positive near-term prospects [7][8] - The industry has outperformed the broader sector with an 8.7% growth over the past year compared to the sector's 4.2% [11] Valuation Metrics - The industry trades at a forward 12-month P/S ratio of 2.38X, lower than the S&P 500's 5.67X, indicating potential value [14] Notable Companies - **Trip.com Group (TCOM)**: Benefits from strong global travel demand and is enhancing customer engagement through AI integration. Shares have declined 4.6% in the past year, with earnings estimates for 2026 increasing to $4.24 [16][17] - **Travel + Leisure (TNL)**: Experiences strong execution and demand, with a 41.3% share price increase over the past year. Expected sales and earnings growth of 4.1% and 16.8% respectively in fiscal 2026 [20][21] - **Planet Fitness (PLNT)**: Benefits from franchise growth and digital transformation efforts, with a 5% decline in shares over the past year. Projected sales and earnings growth of 11.1% and 17.1% respectively in 2026 [24][25]

Company Performance - Airbnb, Inc. (ABNB) closed at $132.79, reflecting a -5.2% change from the previous day's closing price, which is worse than the S&P 500's daily loss of 0.53% [1] - Over the past month, shares of Airbnb have increased by 6.11%, outperforming the Consumer Discretionary sector's gain of 0.09% and the S&P 500's gain of 2.06% [1] Earnings Forecast - The upcoming earnings report for Airbnb is expected to show an EPS of $0.66, indicating a 9.59% decrease from the same quarter last year [2] - Revenue is projected to be $2.72 billion, reflecting a 9.73% increase compared to the equivalent quarter last year [2] Fiscal Year Estimates - For the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.16 per share and revenue of $12.18 billion, showing changes of +1.22% and 0% respectively from the previous year [3] - Recent analyst estimate revisions suggest a positive outlook for the business [3] Zacks Rank and Valuation - Airbnb currently holds a Zacks Rank of 2 (Buy), with the Zacks Consensus EPS estimate having increased by 0.15% over the past month [5] - The Forward P/E ratio for Airbnb is 29.71, which is a premium compared to the industry average Forward P/E of 18.03 [6] PEG Ratio and Industry Context - Airbnb has a PEG ratio of 2.17, compared to the Leisure and Recreation Services industry's average PEG ratio of 1.26 [7] - The Leisure and Recreation Services industry is part of the Consumer Discretionary sector and holds a Zacks Industry Rank of 98, placing it in the top 40% of over 250 industries [8]

Core Viewpoint - Norwegian Cruise Line (NCLH) is experiencing fluctuations in stock performance, with a recent closing price of $23.82, reflecting a decline of 2.14% from the previous session, while the broader market indices also faced losses [1] Company Performance - NCLH shares have gained 12.43% over the past month, outperforming the Consumer Discretionary sector, which increased by 0.21%, and the S&P 500, which rose by 2.26% during the same period [1] - Analysts anticipate NCLH will report earnings of $0.27 per share in the upcoming earnings report, indicating a year-over-year growth of 3.85%, with projected revenue of $2.34 billion, reflecting an 11% increase from the same quarter last year [2] Earnings Estimates - The full-year Zacks Consensus Estimates for NCLH predict earnings of $2.11 per share and revenue of $9.93 billion, representing year-over-year changes of +15.93% for earnings and no change for revenue [3] - Recent modifications to analyst estimates for NCLH suggest positive revisions, indicating analysts' confidence in the company's performance and profit potential [4] Valuation Metrics - NCLH currently has a Forward P/E ratio of 9.1, which is significantly lower than the industry average Forward P/E of 18.61, suggesting a valuation discount [7] - The company also has a PEG ratio of 0.55, compared to the Leisure and Recreation Services industry's average PEG ratio of 1.27, indicating favorable growth expectations relative to its valuation [8] Industry Context - The Leisure and Recreation Services industry, part of the Consumer Discretionary sector, holds a Zacks Industry Rank of 92, placing it in the top 38% of over 250 industries, suggesting strong performance potential [9]