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Evergy Inc (EVRG) Q2 Earnings Surpass Estimates
ZACKS· 2025-08-07 13:11
Core Viewpoint - Evergy Inc reported quarterly earnings of $0.82 per share, exceeding the Zacks Consensus Estimate of $0.76 per share, but down from $0.90 per share a year ago, indicating a +7.89% earnings surprise [1][2] Group 1: Earnings Performance - The company surpassed consensus EPS estimates two times over the last four quarters [2] - Evergy's revenues for the quarter ended June 2025 were $1.44 billion, missing the Zacks Consensus Estimate by 1.93%, compared to $1.45 billion in the same quarter last year [2] - The company has topped consensus revenue estimates two times over the last four quarters [2] Group 2: Stock Performance - Evergy shares have increased approximately 19% since the beginning of the year, outperforming the S&P 500's gain of 7.9% [3] - The stock's immediate price movement will depend on management's commentary during the earnings call [3] Group 3: Future Outlook - The current consensus EPS estimate for the upcoming quarter is $2.16 on revenues of $1.85 billion, and for the current fiscal year, it is $4.00 on revenues of $5.96 billion [7] - The Zacks Industry Rank for Utility - Electric Power is in the top 36% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]
All You Need to Know About Ballard (BLDP) Rating Upgrade to Buy
ZACKS· 2025-05-14 17:01
Core Viewpoint - Ballard Power Systems (BLDP) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Revisions - The Zacks rating system is based solely on a company's changing earnings picture, tracking the Zacks Consensus Estimate for EPS from sell-side analysts [2]. - The recent upgrade for Ballard reflects an improvement in the company's underlying business, with rising earnings estimates expected to drive stock price increases [6][9]. - Analysts have raised their earnings estimates for Ballard, with the Zacks Consensus Estimate increasing by 8.6% over the past three months [9]. Impact of Institutional Investors - Changes in earnings estimates are strongly correlated with near-term stock price movements, largely due to institutional investors who adjust their valuations based on these estimates [5]. - An increase in earnings estimates leads to higher fair value calculations, prompting institutional buying or selling, which subsequently affects stock prices [5]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [8]. - The upgrade of Ballard to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10][11].