Group 1 - Sendas Distribuidora S.A. Sponsored ADR (ASAIY) is part of the Consumer Discretionary sector, which is currently ranked 10 within the Zacks Sector Rank [2] - The Zacks Rank system indicates that ASAIY has a strong buy rating with a Zacks Rank of 1, suggesting positive earnings estimates and revisions [3] - ASAIY's full-year earnings consensus estimate has increased by 27% in the past quarter, indicating improved analyst sentiment and a positive earnings outlook [4] Group 2 - Year-to-date, ASAIY has increased by approximately 94%, significantly outperforming the average gain of 8.3% in the Consumer Discretionary sector [4] - ASAIY belongs to the Consumer Products - Discretionary industry, which is currently ranked 60 in the Zacks Industry Rank, and this industry has seen a decline of about 9.7% this year [6] - In comparison, another stock in the Consumer Discretionary sector, Bilibili (BILI), has also outperformed with a year-to-date increase of 23.9% and a strong buy rating [5][7]

Revenues are expected to be $354.45 million, down 8.9% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS ...

Core Insights - Roku is expected to report second-quarter 2025 results on July 31, with projected total net revenues of approximately $1.07 billion, reflecting an 11% year-over-year increase [1][2] - Platform revenues are anticipated to grow by 14% year-over-year, while Devices revenues are expected to decline by 10% year-over-year [1][8] - The company aims for a total gross profit of around $465 million and adjusted EBITDA of approximately $70 million for the first quarter [1] Revenue Estimates - The Zacks Consensus Estimate for second-quarter revenues stands at $1.07 billion, indicating a year-over-year growth of 10.79% [2] - Devices revenues are estimated at $129 million, while Platform revenues are projected at $943 million for the second quarter [13] Earnings Expectations - The consensus estimate for loss is set at 16 cents per share, which represents a year-over-year growth of 33.33% [2] - Roku has an Earnings ESP of +7.41% and holds a Zacks Rank 2 (Buy), suggesting a strong likelihood of an earnings beat [6] Recent Performance - In the last reported quarter, Roku achieved an earnings surprise of 29.63%, consistently beating the Zacks Consensus Estimate in the previous four quarters with an average surprise of 51.15% [5] Strategic Partnerships - Roku has formed partnerships with major companies like Airbnb, Walmart, Amazon, and Adobe, which are expected to enhance its advertising and streaming business [7][8] - The collaboration with Amazon Ads allows Roku to access 80 million U.S. Connected TV households, strengthening its advertising capabilities [11] User Engagement and Subscriptions - Roku has reported significant growth in user engagement, with The Roku Channel experiencing an 84% year-over-year increase in streaming hours [9] - The acquisition of Frndly TV is anticipated to contribute to subscription growth, positively impacting Platform revenues [10] Market Performance - Roku's shares have increased by 25.7% year-to-date, outperforming the Zacks Consumer Discretionary sector and the S&P 500 index, which grew by 10% and 8.2%, respectively [14] Valuation Metrics - Roku currently trades at a price-to-cash flow ratio of 42.49X, significantly higher than the industry average of 32.84X, indicating high growth expectations from investors [17] Investment Considerations - The company demonstrates strong platform fundamentals with robust user engagement and expanding partnerships, positioning it well for continued growth [20] - Innovations in monetization and successful collaborations highlight Roku's adaptability in the evolving streaming landscape [21]

Company Performance - Gray Media's stock was down 3.31% at $4.97, underperforming the S&P 500's daily gain of 0.4% [1] - Over the previous month, Gray Media's shares gained 12.97%, outperforming the Consumer Discretionary sector's gain of 2.16% and the S&P 500's gain of 4.61% [1] Earnings Forecast - Gray Media is scheduled to release its earnings on August 8, 2025, with an expected EPS of -$0.34, indicating a 477.78% decline compared to the same quarter last year [2] - For the entire year, Zacks Consensus Estimates forecast an EPS of -$0.72 and revenue of $3.15 billion, reflecting changes of -121.43% and -13.67% respectively compared to the previous year [3] Analyst Revisions and Rankings - Recent revisions to analyst forecasts for Gray Media are important as they reflect near-term business trends, with positive revisions indicating analyst optimism [3] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Gray Media at 3 (Hold) [5] - The Zacks Rank has a track record of superior performance, with 1 stocks contributing an average annual return of +25% since 1988 [5] Industry Context - The Broadcast Radio and Television industry, part of the Consumer Discretionary sector, holds a Zacks Industry Rank of 153, placing it in the bottom 39% of over 250 industries [6] - The Zacks Industry Rank measures the strength of industry groups by the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [6]

Group 1 - Warner Bros. Discovery's stock increased by 1.43% to $13.50, outperforming the S&P 500 which gained 0.07% [1] - Over the past month, shares of Warner Bros. Discovery rose by 22.45%, significantly surpassing the Consumer Discretionary sector's gain of 4.6% and the S&P 500's gain of 5.71% [1] Group 2 - The upcoming earnings release for Warner Bros. Discovery is scheduled for August 7, 2025, with projected EPS of -$0.15, indicating a 96.31% increase year-over-year [2] - The Zacks Consensus Estimate for revenue is $9.78 billion, reflecting a 0.69% increase from the previous year [2] Group 3 - For the full year, analysts expect earnings of -$0.04 per share and revenue of $37.84 billion, representing changes of +99.13% and -3.78% respectively from last year [3] Group 4 - Recent changes to analyst estimates for Warner Bros. Discovery are crucial for investors, as they indicate the evolving nature of near-term business trends [4] - Upbeat revisions in estimates suggest a favorable outlook on the company's health and profitability [4] Group 5 - Research indicates that estimate revisions correlate with near-term share price momentum, which is utilized in the Zacks Rank model [5] Group 6 - The Zacks Rank system, ranging from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with 1 rated stocks averaging a 25% annual return since 1988 [6] - The Zacks Consensus EPS estimate for Warner Bros. Discovery has decreased by 47.12% in the past month, and the company currently holds a Zacks Rank of 3 (Hold) [6] Group 7 - The Broadcast Radio and Television industry, part of the Consumer Discretionary sector, has a Zacks Industry Rank of 170, placing it in the bottom 32% of over 250 industries [7] - The Zacks Industry Rank assesses the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]

Company Performance - Gray Media's stock closed at $5.14, reflecting a -3.2% change from the previous day, which is less than the S&P 500's daily gain of 0.07% [1] - Prior to the recent trading session, Gray Media shares had increased by 17.48%, outperforming the Consumer Discretionary sector's gain of 4.6% and the S&P 500's gain of 5.71% [1] Upcoming Earnings - Gray Media is set to announce its earnings on August 8, 2025, with an anticipated EPS of -$0.34, representing a significant 477.78% decline compared to the same quarter of the previous year [2] - For the entire fiscal year, Zacks Consensus Estimates predict an EPS of -$0.72 and revenue of $3.15 billion, indicating changes of -121.43% and -13.67% respectively from the prior year [3] Analyst Estimates and Rankings - Recent changes in analyst estimates for Gray Media suggest a favorable outlook on the company's business health and profitability [3] - The Zacks Rank system currently rates Gray Media as 3 (Hold), with the consensus EPS estimate remaining unchanged over the last 30 days [5] Industry Context - The Broadcast Radio and Television industry, which includes Gray Media, is part of the Consumer Discretionary sector and currently holds a Zacks Industry Rank of 170, placing it in the bottom 32% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]

Core Insights - The E.W. Scripps Company (SSP) is enhancing its sports strategy through national and local partnerships, focusing on leagues like the WNBA and NWSL, and introducing new events to maintain a year-round premium sports content lineup [1][9] Group 1: Sports Partnerships and Strategy - SSP has strengthened ties with teams such as the Las Vegas Aces and Florida Panthers, renewing its multi-year agreement with the WNBA and adding the Tampa Bay Lightning to its sports portfolio [2] - New properties like the SI Women's Games and the Fort Myers Tip-Off Women's College Basketball Tournament are set for the fourth quarter, ensuring continuous sports programming [1][9] Group 2: Financial Performance - In Q1 2025, Scripps Networks reported revenues of $198 million, accounting for 37.8% of total company revenues, with a segment margin of 32%, the highest since Q4 2022, driven by a 42% year-over-year increase in Connected TV revenues [3] - The demand for live sports programming, particularly from the WNBA and NWSL, has significantly contributed to this performance [3] Group 3: Competitive Landscape - SSP faces competition from Gray Media, which extended its partnership with the New Orleans Saints and formed a new partnership with the Carolina Panthers to broadcast games in Spanish [4] - Tegna has also expanded its agreement with the Indiana Fever, increasing the broadcast reach to 4.6 million households across 11 additional Midwest markets [5] Group 4: Stock Performance and Valuation - SSP shares have increased by 48.9% year-to-date, outperforming the Zacks Broadcast Radio and Television industry's growth of 25.4% and the Zacks Consumer Discretionary sector's return of 11.4% [6] - The stock is currently trading at a forward 12-month Price/Sales ratio of 0.13X, significantly lower than the industry's 4.48X, indicating a strong value position [10]

Core Insights - Netflix delivered strong quarterly performance in Q2 2025, exceeding analyst expectations and raising full-year guidance across multiple metrics [1][8] - The company has seen significant shareholder returns in 2025, with shares up approximately 35.7% year to date, outperforming competitors [2][4] Revenue Performance - Q2 2025 revenues reached $11.079 billion, marking a 16% year-over-year growth and surpassing consensus estimates [6] - Full-year 2025 revenue forecast raised to $44.8-$45.2 billion from $43.5-$44.5 billion, indicating anticipated growth of 15%-16% [6][9] - Member growth accelerated, and advertising revenues are expected to roughly double in 2025, aided by favorable currency effects [7][9] Margin Expansion - Full-year operating margin target raised to 29.5% on a currency-neutral basis, translating to approximately 30% reported operating margin for 2025 [11] - Q2 operating margin was 34%, reflecting operational efficiency while investing in content [11][12] - Free cash flow projections increased to $8.0-$8.5 billion, supporting content investment and shareholder returns [13] Content Pipeline - The second half of 2025 features a strong content lineup, including major franchises and diverse genres [14][15] - New content includes anticipated sequels and projects from acclaimed creators, enhancing global appeal [16] - Expansion into live programming with significant sporting events aims to drive subscriber acquisition and enhance engagement [17][18] Investment Considerations - Continued execution across key operational metrics positions the company for sustained growth [20] - Current valuations reflect a premium, with a forward 12-month P/S ratio of 10.81 compared to the industry average of 4.48 [21] - Existing shareholders may consider a hold strategy, while new investors might wait for more attractive entry points [24]

Group 1 - Roblox is part of the Consumer Discretionary sector, which includes 254 companies and is currently ranked 14 in the Zacks Sector Rank [2] - Roblox has a Zacks Rank of 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] - The Zacks Consensus Estimate for Roblox's full-year earnings has increased by 6.7% over the past three months, reflecting improved analyst sentiment [3] Group 2 - Year-to-date, Roblox has gained approximately 115.2%, significantly outperforming the average gain of 10.6% for the Consumer Discretionary sector [4] - Roblox is categorized under the Gaming industry, which consists of 39 companies and is currently ranked 79 in the Zacks Industry Rank [5] - The Gaming industry has seen an average gain of about 19% this year, indicating that Roblox is also outperforming its immediate industry peers [5] Group 3 - Another notable stock in the Consumer Discretionary sector is Roku, which has increased by 25.5% year-to-date [4] - Roku's consensus EPS estimate has risen by 31.9% over the past three months, and it also holds a Zacks Rank of 2 (Buy) [5] - Roku belongs to the Broadcast Radio and Television industry, which has 18 stocks and is currently ranked 188, with an industry gain of 27.8% since the beginning of the year [6]

Company Overview - Townsquare Media (TSQ) shares increased by 6.9% to $9.05 in the last trading session, with a notable trading volume, and have gained 19.5% over the past four weeks [1] - The company is experiencing growth due to its programmatic digital advertising services, subscription-based marketing platform, and partnerships with local media in underserved markets [1] Earnings Expectations - Townsquare is projected to report quarterly earnings of $0.21 per share, reflecting a year-over-year increase of 50% [2] - Expected revenues for the upcoming quarter are $114.77 million, which is a decrease of 2.9% compared to the same quarter last year [2] Stock Performance Insights - Trends in earnings estimate revisions are closely linked to short-term stock price movements, indicating potential strength in TSQ's stock [3] - The consensus EPS estimate for Townsquare has remained stable over the last 30 days, suggesting that the stock's price may not continue to rise without changes in earnings estimates [4] Industry Context - Townsquare is part of the Zacks Broadcast Radio and Television industry, where iHeartMedia (IHRT) has a Zacks Rank of 5 (Strong Sell) and is expected to report an EPS of -$0.28, a decline of 21.7% year-over-year [4][5]