Key Points The stock market, and individual stocks, can be volatile over short periods. A bunch of these value-shedding stocks have posted disappointing quarterly results. Some fallen stocks can present great opportunities. 10 stocks we like better than CarMax › It's fun to follow stocks that soared recently, and it can be sobering to see which ones have plunged -- especially if you're a shareholder. So here's a look at the worst-performing stocks in the S&P 500 index of 500 of America's biggest ...

Core Insights - FactSet (FDS) reported mixed results for Q4 fiscal 2025, with earnings per share of $4.05 missing the Zacks Consensus Estimate by 2.4%, while revenues of $596.9 million exceeded expectations, increasing by 6.2% year-over-year [1][9] Revenue Performance - Organic revenues grew by 4.5% year-over-year to $562.2 million, with regional growth rates of 5.3% in the Americas, 1.7% in EMEA, and 5.9% in Asia Pacific [3] - Revenues from the Americas segment were $388.7 million, up 7.3% year-over-year, while EMEA revenues were $147.4 million, a 3% increase, and Asia Pacific revenues reached $60.8 million, marking 7.4% growth [4] Annual Subscription Value (ASV) and Professional Services - FactSet's ASV plus professional services totaled $2.4 billion, reflecting a 5.7% increase year-over-year, with buy-side and sell-side organic ASV growth rates of 5.5% and 4.3%, respectively [5] - Organic ASV from the United States was $1.5 billion, up 6%, while EMEA and Asia Pacific ASV were $586.3 million (4.2% increase) and $242.7 million (7.2% increase), respectively [6] Operating Results - Adjusted operating income was $201.7 million, slightly above estimates, with an adjusted operating margin of 33.8%, down 200 basis points from the previous year [7] Balance Sheet and Cash Flow - The company ended the quarter with cash and cash equivalents of $337.7 million, down from $356.4 million in the previous quarter, and long-term debt remained at $1.4 billion [8] - FactSet generated $212.1 million in cash from operating activities, with capital expenditures of $34 million, resulting in a free cash flow utilization of $178.1 million [8] Fiscal 2026 Guidance - For fiscal 2026, FactSet anticipates revenues between $2.423 billion and $2.448 billion, lower than the Zacks Consensus Estimate of $2.45 billion, and expects earnings per share in the range of $16.9 to $17.6, also below the consensus estimate of $18.51 [10]

Fiscal Year 2025 Key Accomplishments - FactSet achieved over 45 years of consecutive revenue growth[10] - The company saw 29 years of consecutive adjusted diluted EPS growth[10] - There were 26 years of consecutive dividend growth[10] - Organic ASV growth reached $127 million, exceeding the guidance range of $100-$130 million[11] - Annual Revenue was $2,322 million, within the guidance range of $2,305-$2,325 million[12] - Adjusted Operating Margin was 363%, aligning with the guidance range of 360%-370%[13] - Adjusted Diluted EPS was $1698, within the guidance range of $1680-$1740[13] Q4 2025 Financial Performance - Revenues increased by 62% to $596901 thousand[33] - Organic Revenues increased by 45% to $587326 thousand[33] - Adjusted Operating Margin decreased by 200 bps to 338%[19] - Adjusted Diluted EPS increased by 83% year-over-year to $405[19] ASV Growth & Key Metrics - Organic ASV grew by 57%[19] - Total Organic ASV reached $2,371 million[23] - Wealth segment ASV grew by 10% to $371 million[23] - Institutional Buy-Side ASV grew by 4% to $1,156 million[23] - Partnerships & CGS ASV grew by 8% to $401 million[23] - Dealmakers ASV grew by 4% to $443 million[23] - EMEA ASV grew by 4% to $586 million[23] - ASIAPAC ASV grew by 7% to $243 million[23] - AMERICAS ASV grew by 6% to $1,542 million[23] - ASV Retention was >95%[25] - Client Retention was 91%, up approximately 90 bps versus 2024 | Q4[28,30] - User Count increased by 10% to 237,324[27,28] - Client Count increased by 9% to 8,996[29,30] Fiscal Year 2026 Outlook - Organic ASV Growth is projected to be $100 - $150 million (~42% to ~62%)[41] - Revenues are expected to be $2,423 - $2,448 million[41] - GAAP Operating Margin is projected to be 295% - 310%[41] - Adjusted Operating Margin is projected to be 340% - 355%[41] - GAAP Diluted EPS is projected to be $1455 - $1525[41] - Adjusted Diluted EPS is projected to be $1690 - $1760[41]

Group 1 - FactSet Research Systems Inc. is set to release its fourth-quarter earnings on September 18, with expected earnings of $4.13 per share, an increase from $3.74 per share in the same period last year [1] - The projected quarterly revenue for FactSet is $593.44 million, up from $562.19 million a year earlier [1] - On September 16, BlueMatrix announced the acquisition of the RMS Partners business from FactSet, which led to a slight decline in FactSet's share price by 0.1% to $344.39 [2] Group 2 - Analyst ratings for FactSet show varied opinions, with Wells Fargo maintaining an Underweight rating and lowering the price target from $405 to $355 [5] - Raymond James upgraded FactSet from Underperform to Market Perform, while BMO Capital maintained a Market Perform rating and slightly increased the price target from $448 to $452 [5] - RBC Capital reiterated a Sector Perform rating with a price target of $503, and Morgan Stanley maintained an Underweight rating with a minor increase in the price target from $390 to $393 [5]

Core Viewpoint - Analysts expect FactSet Research (FDS) to report quarterly earnings of $4.15 per share, reflecting an 11% year-over-year increase, with revenues projected at $592.55 million, a 5.4% increase from the previous year [1] Group 1: Earnings and Revenue Estimates - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a collective reevaluation by analysts [1] - Revenues from clients in the US are projected to reach $383.83 million, representing a 5.9% year-over-year change [4] - International revenues are expected to be $208.09 million, indicating a 4.2% increase from the year-ago quarter [4] Group 2: Regional Revenue Projections - Revenues from clients in the EMEA region are estimated at $147.48 million, reflecting a 3.1% year-over-year change [4] - Revenues from clients in the Asia Pacific are projected to be $60.66 million, indicating a 7.2% increase [5] Group 3: Subscription and User Metrics - Total Annual Subscription Value is expected to reach $2.40 billion, up from $2.28 billion in the same quarter last year [5] - Total Users are forecasted to reach 225,183, compared to 216,381 in the same quarter last year [5] - ASV from buy-side clients is estimated at 82.3%, up from 82.0% year-over-year [6] Group 4: Market Performance - Over the past month, shares of FactSet have returned -2.1%, while the Zacks S&P 500 composite has increased by 2.3% [6] - FactSet currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the overall market [6]

Core Insights - The June 2025 results indicate a significant shift in the housing market, with national home prices rising only 1.9% year-over-year, the slowest growth since summer 2023 [2][4] - The data reveals a notable volatility in home prices, with a decline of 0.6% in the first half of the year followed by a 2.5% increase in the latter half, suggesting a pivotal change in the housing market around early 2025 [2][4] - A geographic divergence is evident, with New York leading with a 7.0% annual gain, while former high-performing markets like Tampa and Phoenix are now experiencing declines [3][9] Year-over-Year Summary - The S&P Cotality Case-Shiller U.S. National Home Price NSA Index reported a 1.9% annual gain for June, down from 2.3% in the previous month [7] - The 10-City Composite increased by 2.6%, down from 3.4%, and the 20-City Composite posted a 2.1% gain, down from 2.8% [7][8] - The Consumer Price Index rose by 2.7% from June 2024 to June 2025, outpacing the 1.9% increase in national home prices, indicating a decline in real housing wealth [4][8] Month-over-Month Summary - The pre-seasonally adjusted U.S. National Index saw a slight increase of 0.1%, while the 10-City Composite and 20-City Composite experienced declines of -0.1% and -0.04%, respectively [10] - After seasonal adjustment, the U.S. National Index fell by 0.3%, with the 10-City Composite down by 0.1% and the 20-City Composite down by 0.3% [10] Future Outlook - The current housing cycle appears to be stabilizing around inflation-parity growth rather than the rapid appreciation seen in recent years, reflecting more sustainable economic fundamentals [6] - The shift from Sun Belt markets to traditional industrial centers suggests a more stable long-term trajectory for housing appreciation [6]

Summary of S&P Global Q2 2025 Earnings Call Company Overview - **Company**: S&P Global - **Industry**: Financial Services and Market Intelligence Key Points and Arguments Financial Performance - **Revenue Growth**: Revenue increased by 6% year-over-year, with subscription revenue rising by 7% [2][3] - **Capital Returns**: Nearly $950 million returned to shareholders through dividends and share repurchases in Q2 [3] - **Margin Expansion**: Achieved 150 basis points of margin expansion, with adjusted diluted EPS growth of 10% [2][10] Market Intelligence Division - **Organic Growth**: Market intelligence division saw 7% organic constant currency revenue growth, with over 200 basis points of margin expansion [3][11] - **Customer Engagement**: Enhanced customer engagement through the Chief Client Office, focusing on 130 strategic accounts [4][20] - **Sales Execution**: Improved sales execution led to significant contract wins, including a $20 million multi-year contract with Barclays [4][5] Private Markets and AI Innovations - **Private Markets Revenue**: Private markets revenue grew by 11% year-over-year, driven by private credit [10][11] - **AI Initiatives**: Launched several AI-driven products, including the Genii-powered Credit Companion, enhancing credit analysis workflows [8][9][32] Mobility Separation - **Leadership Announcement**: Bill Eger appointed as President of S&P Global Mobility and CEO-designate for the planned standalone public company [3][14] - **Revenue Growth**: Mobility revenue increased by 10% year-over-year, with vehicle revenue up 11% [14][26] S&P Dow Jones Indices - **Revenue Increase**: Revenue grew by 15%, driven by strong asset-linked fees and exchange-traded derivatives [15] - **AUM Growth**: Asset-linked fees increased by 17% due to higher AUM and net inflows [15] Guidance and Outlook - **Revenue Guidance**: Total revenue growth expected in the range of 5% to 7% for the year, with adjusted margins between 48.5% and 49.5% [15][16] - **Market Conditions**: Anticipating flat bill issuance in the second half of the year, with potential for one to two rate cuts from the U.S. Fed [6][10] Strategic Initiatives - **Product Innovations**: Continued focus on product innovations across divisions, with significant investments in AI and data analytics [9][10] - **Client Relationships**: Strengthened relationships with major clients, emphasizing the importance of individualized attention and strategic partnerships [4][20] Additional Important Content - **Regulatory Considerations**: Investors holding 5% or more of S&P Global should consult Investor Relations regarding European regulations [2] - **Market Dynamics**: Noted volatility in debt capital markets and the impact of global trade uncertainties on issuance [6][12] - **Employee Engagement**: Over 65% of employees actively using the internally developed AI assistant, Spark Assist, enhancing productivity [9] This summary encapsulates the key insights and developments discussed during the S&P Global Q2 2025 earnings call, highlighting the company's financial performance, strategic initiatives, and market outlook.

Core Insights - S&P Global reported Q2 2025 adjusted diluted earnings per share of $4.43, exceeding analyst estimates of $4.21, with GAAP revenue at $3.755 billion, reflecting disciplined expense management and improved operating margins [1][2] Financial Performance - Adjusted EPS (Non-GAAP) increased by 10% year-over-year from $4.04 to $4.43 [2] - GAAP revenue rose by 6% year-over-year from $3.55 billion to $3.75 billion [2] - Adjusted operating margin improved to 51.4%, up 0.4 percentage points from the previous year [2] - Adjusted net income grew by 7% year-over-year to $1.356 billion from $1.267 billion [2] - Free cash flow (Non-GAAP) decreased by 10.3% to $1.31 billion [2] Business Segments Overview - The Credit Ratings segment saw a 1% increase in GAAP revenue, with a 66% adjusted operating profit margin, despite a decline in bond issuance [6] - Commodity Insights reported an 8% growth in GAAP revenue, benefiting from subscription price assessments and new product launches, with a 49% adjusted operating margin [7] - Mobility's GAAP revenue increased by 10%, driven by dealer-focused products, with plans for a spin-off to enhance focus on core analytics [8] - The Indices segment experienced a 15% revenue increase, supported by asset-linked fees and higher demand for data products, although growth is expected to moderate in the second half of 2025 [9] Strategic Focus and Future Outlook - The company is focusing on artificial intelligence-driven products, private markets data, and sustainability metrics [4] - Management updated FY2025 guidance to reflect revenue growth of 5–7%, with adjusted diluted EPS expected between $17.00 and $17.25 [12] - The company plans to return approximately 85% of adjusted free cash flow to shareholders through dividends and share repurchases [10] - The quarterly dividend remains stable at $0.96 per share [13]

Second-Quarter 2025 Supplemental Presentation July 30, 2025 This presentation contains forward-looking statements within the meaning of Private Securities Litigation Reform Act of 1995. These statements are based on our current expectations about future events or future financial performance. Forward-looking statements by their nature address matters that are, to different degrees, uncertain, and often contain words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estima ...

Core Insights - The S&P CoreLogic Case-Shiller Indices reported a 2.3% annual gain in U.S. home prices for May 2025, a decrease from 2.7% in April 2025 [1][5] - The 10-City Composite Index showed a 3.4% annual increase, down from 4.1%, while the 20-City Composite Index recorded a 2.8% increase, down from 3.4% [2][5] - New York led the 20 cities with a 7.4% annual gain, followed by Chicago at 6.1% and Detroit at 4.9%, while Tampa experienced the lowest return with a decline of 2.4% [2][6] Year-over-Year Analysis - The U.S. National Home Price NSA Index reported a 2.3% annual return for May, reflecting a narrowing trend in annual gains for four consecutive months [2][4] - The 10-City Composite and 20-City Composite both saw annual gains decrease to 3.4% and 2.8%, respectively [2][5] - Regional disparities were noted, with New York, Chicago, and Detroit showing strong gains, while several Western markets, including Los Angeles and San Francisco, reported minimal or negative growth [6] Month-over-Month Trends - The pre-seasonally adjusted U.S. National Index posted a 0.4% gain in May, while after seasonal adjustment, it showed a decrease of 0.3% [3][7] - All three headline indices (U.S. National, 10-City, and 20-City) reported a 0.4% increase on a non-seasonally adjusted basis, marking the slowest monthly gain since January [7] - The month-over-month trends indicated broad-based fatigue, with only four cities showing month-over-month acceleration [7] Market Dynamics - The slowdown in home price growth is attributed to tighter financial conditions, subdued transaction volumes, and local market dynamics, rather than solely higher mortgage rates [8] - Affordability issues and constrained inventory are contributing to the stability of national home prices, which are holding steady but barely [8]