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Federal Agricultural Mortgage (AGM) Q1 Earnings and Revenues Surpass Estimates
ZACKS· 2025-05-09 13:30
Federal Agricultural Mortgage (AGM) came out with quarterly earnings of $4.19 per share, beating the Zacks Consensus Estimate of $4 per share. This compares to earnings of $3.96 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.75%. A quarter ago, it was expected that this rural real estate lender would post earnings of $4.16 per share when it actually produced earnings of $3.97, delivering a surprise of -4.57%.Over the last f ...
Rocket Companies (RKT) Matches Q1 Earnings Estimates
ZACKS· 2025-05-08 22:40
Rocket Companies (RKT) came out with quarterly earnings of $0.04 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post earnings of $0.03 per share when it actually produced earnings of $0.04, delivering a surprise of 33.33%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Rocket Companies, which belongs ...
Zillow Group (ZG) Misses Q1 Earnings Estimates
ZACKS· 2025-05-07 22:41
Core Viewpoint - Zillow Group reported quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.43 per share, but showing an increase from $0.36 per share a year ago, indicating a -4.65% earnings surprise [1] - The company posted revenues of $598 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.61% and up from $529 million year-over-year [2] Financial Performance - Over the last four quarters, Zillow has surpassed consensus EPS estimates two times and topped consensus revenue estimates four times [2] - The current consensus EPS estimate for the upcoming quarter is $0.58 on revenues of $657.3 million, and for the current fiscal year, it is $1.90 on revenues of $2.57 billion [7] Market Position - Zillow shares have declined approximately 6.8% since the beginning of the year, compared to a decline of 4.7% for the S&P 500 [3] - The Zacks Rank for Zillow is currently 4 (Sell), indicating expectations of underperformance in the near future [6] Industry Outlook - The Financial - Mortgage & Related Services industry, to which Zillow belongs, is currently in the bottom 17% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Zillow's stock performance [5]
2 Mortgage & Related Services Stocks to Watch Despite Industry Woes
ZACKS· 2025-05-07 15:05
The Zacks Mortgage & Related Services industry continues to be hurt by the uncertainty in the mortgage market due to several evolving macroeconomic factors. Given the relatively higher mortgage rates, the origination volume and refinance activity are not expected to witness significant growth.Amid the ongoing economic headwinds, diversified business operations and favorable scenarios for the servicing segment will likely help industry players like Lending Tree, Inc. (TREE) and Rocket Companies Inc. (RKT) .I ...
Tree.com (TREE) Beats Q1 Earnings Estimates
ZACKS· 2025-05-01 23:20
Company Performance - Tree.com reported quarterly earnings of $0.99 per share, exceeding the Zacks Consensus Estimate of $0.74 per share, and up from $0.70 per share a year ago, representing an earnings surprise of 33.78% [1] - The company posted revenues of $239.7 million for the quarter ended March 2025, which was 1.77% below the Zacks Consensus Estimate, but an increase from $167.8 million year-over-year [2] - Over the last four quarters, Tree.com has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times as well [2] Stock Performance - Tree.com shares have increased approximately 33.1% since the beginning of the year, contrasting with the S&P 500's decline of 5.3% [3] - The current consensus EPS estimate for the upcoming quarter is $0.85 on revenues of $244.31 million, and for the current fiscal year, it is $3.85 on revenues of $1.01 billion [7] Industry Outlook - The Financial - Mortgage & Related Services industry, to which Tree.com belongs, is currently ranked in the bottom 9% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of Tree.com may be influenced by the overall outlook for the industry, as research shows that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than a factor of 2 to 1 [8]
Zillow Group (ZG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2025-04-30 15:08
Wall Street expects a year-over-year increase in earnings on higher revenues when Zillow Group (ZG) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on May 7, 2025, might help the stock move higher if these key numbers are better than expectati ...
Onity Group (ONIT) Surpasses Q1 Earnings Estimates
ZACKS· 2025-04-30 12:55
分组1 - Onity Group reported quarterly earnings of $2.84 per share, exceeding the Zacks Consensus Estimate of $1.79 per share, and up from $1.74 per share a year ago, representing an earnings surprise of 58.66% [1] - The company posted revenues of $249.8 million for the quarter ended March 2025, which missed the Zacks Consensus Estimate by 3.91%, compared to $239.1 million in the same quarter last year [2] - Over the last four quarters, Onity has surpassed consensus EPS estimates three times, but has topped consensus revenue estimates only once [2] 分组2 - Onity shares have increased approximately 15.7% since the beginning of the year, while the S&P 500 has declined by 5.5% [3] - The current consensus EPS estimate for the upcoming quarter is $2.73 on revenues of $267.22 million, and for the current fiscal year, it is $9.84 on revenues of $1.08 billion [7] - The Zacks Industry Rank for Financial - Mortgage & Related Services is currently in the bottom 16% of over 250 Zacks industries, indicating potential challenges for stock performance [8]
LoanDepot (LDI) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
ZACKS· 2025-04-29 15:07
LoanDepot (LDI) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 6. On the ...
PennyMac Financial (PFSI) Q1 Earnings and Revenues Lag Estimates
ZACKS· 2025-04-22 22:30
Core Viewpoint - PennyMac Financial (PFSI) reported quarterly earnings of $1.42 per share, significantly missing the Zacks Consensus Estimate of $2.99 per share, and down from $2.48 per share a year ago [1][2] Financial Performance - The earnings surprise for the quarter was -52.51%, with the company previously expected to post earnings of $3.05 per share but actually reporting $2.88 per share, resulting in a -5.57% surprise [2] - Revenues for the quarter were $430.9 million, missing the Zacks Consensus Estimate by 19.91%, compared to $305.66 million in the same quarter last year [3] - Over the last four quarters, the company has not been able to beat consensus revenue estimates [3] Stock Performance - PennyMac shares have declined approximately 7.8% since the beginning of the year, while the S&P 500 has decreased by 12.3% [4] - The current Zacks Rank for PennyMac is 4 (Sell), indicating expected underperformance in the near future [7] Future Outlook - The consensus EPS estimate for the upcoming quarter is $3.53 on revenues of $599.74 million, and for the current fiscal year, it is $13.57 on revenues of $2.4 billion [8] - The estimate revisions trend for PennyMac is currently unfavorable, which may impact future stock performance [7] Industry Context - The Financial - Mortgage & Related Services industry is currently ranked in the bottom 20% of over 250 Zacks industries, which may negatively affect stock performance [9]
How Velocity Financial (VEL) Stock Stands Out in a Strong Industry
ZACKS· 2025-04-17 07:15
Company Insights - Velocity Financial, Inc. (VEL) is currently experiencing solid earnings estimate revisions, indicating a positive outlook from analysts [3][4] - Over the past 60 days, current quarter earnings estimates have increased from $0.47 per share to $0.52 per share, and current year estimates have risen from $1.97 per share to $2.19 per share [4] - Velocity Financial has achieved a Zacks Rank 1 (Strong Buy), highlighting its strong position in the market [4] Industry Overview - The Finance sector, where Velocity Financial operates, holds a Zacks Industry Rank of 38 out of 247 industries, suggesting it is well-positioned compared to other segments [2] - The positive trends in the Finance space indicate that a rising tide may benefit multiple companies within the industry [2]