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Regal Rexnord (RRX) Tops Q2 Earnings and Revenue Estimates
ZACKS· 2025-08-05 23:46
Core Insights - Regal Rexnord (RRX) reported quarterly earnings of $2.48 per share, exceeding the Zacks Consensus Estimate of $2.42 per share, and up from $2.29 per share a year ago, indicating an earnings surprise of +2.48% [1] - The company generated revenues of $1.5 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.53%, although this represents a decline from year-ago revenues of $1.55 billion [2] - Regal Rexnord has outperformed consensus EPS estimates three times over the last four quarters and has topped consensus revenue estimates two times in the same period [2] Earnings Outlook - The sustainability of Regal Rexnord's stock price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is $2.62 on revenues of $1.48 billion, and for the current fiscal year, it is $9.87 on revenues of $5.87 billion [7] Industry Context - The Manufacturing - General Industrial industry, to which Regal Rexnord belongs, is currently ranked in the top 16% of over 250 Zacks industries, suggesting a favorable outlook for stocks within this sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5][6]
Chart Industries (GTLS) Lags Q2 Earnings and Revenue Estimates
ZACKS· 2025-07-29 12:51
Core Viewpoint - Chart Industries reported quarterly earnings of $2.59 per share, missing the Zacks Consensus Estimate of $2.62 per share, but showing an increase from $2.18 per share a year ago, indicating a -1.15% earnings surprise [1] - The company posted revenues of $1.08 billion for the quarter, missing the Zacks Consensus Estimate by 3.22%, compared to $1.04 billion in the same quarter last year [2] Financial Performance - Over the last four quarters, Chart Industries has surpassed consensus EPS estimates only once [2] - The company has not been able to beat consensus revenue estimates in the last four quarters [2] - Chart Industries shares have declined approximately 10.1% year-to-date, contrasting with the S&P 500's gain of 8.6% [3] Future Outlook - The company's earnings outlook is crucial for investors, including current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the next quarter is $3.38 on revenues of $1.2 billion, and for the current fiscal year, it is $11.77 on revenues of $4.62 billion [7] - The estimate revisions trend for Chart Industries was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Manufacturing - General Industrial industry, to which Chart Industries belongs, is currently in the top 11% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Why Trimble (TRMB) is Poised to Beat Earnings Estimates Again
ZACKS· 2025-07-28 17:10
Core Viewpoint - Trimble Navigation (TRMB) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a solid history of exceeding expectations [1]. Company Performance - Trimble has a strong track record of surpassing earnings estimates, with an average surprise of 2.26% over the last two quarters [2]. - In the last reported quarter, Trimble achieved earnings of $0.61 per share, exceeding the Zacks Consensus Estimate of $0.59 per share, resulting in a surprise of 3.39% [3]. - For the previous quarter, the company reported earnings of $0.89 per share against an expected $0.88 per share, delivering a surprise of 1.14% [3]. Earnings Estimates - Earnings estimates for Trimble have been trending upward, influenced by its history of earnings surprises [5]. - The company currently has a positive Earnings ESP of +0.64%, indicating increased analyst optimism regarding its near-term earnings potential [8]. - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) suggests a strong likelihood of another earnings beat [8]. Predictive Metrics - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7]. Upcoming Events - Trimble's next earnings report is anticipated to be released on August 6, 2025 [8].
Graco Inc. (GGG) Q2 Earnings and Revenues Lag Estimates
ZACKS· 2025-07-23 22:36
Core Viewpoint - Graco Inc. reported quarterly earnings of $0.75 per share, missing the Zacks Consensus Estimate of $0.78 per share, representing an earnings surprise of -3.85% [1]. Financial Performance - The company posted revenues of $571.81 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 2.29%, compared to year-ago revenues of $553.24 million [2]. - Over the last four quarters, Graco has surpassed consensus EPS estimates only once [2]. Stock Performance - Graco shares have increased approximately 3.5% since the beginning of the year, while the S&P 500 has gained 7.3% [3]. - The current consensus EPS estimate for the upcoming quarter is $0.74 on revenues of $558.67 million, and for the current fiscal year, it is $2.96 on revenues of $2.25 billion [7]. Industry Outlook - The Manufacturing - General Industrial industry, to which Graco belongs, is currently in the top 14% of over 250 Zacks industries, indicating a favorable outlook [8]. - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Graco's stock performance [5]. Future Expectations - The estimate revisions trend for Graco was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market in the near future [6]. - The upcoming earnings call will be crucial for understanding management's commentary on future earnings expectations [3].
Why Illinois Tool Works (ITW) is Poised to Beat Earnings Estimates Again
ZACKS· 2025-07-18 17:11
Core Viewpoint - Illinois Tool Works (ITW) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, continuing a strong trend of surpassing expectations in previous quarters [1][6]. Group 1: Earnings Performance - Illinois Tool Works has consistently exceeded earnings estimates, averaging a 1.86% surprise over the last two quarters [2]. - In the last reported quarter, the company achieved earnings of $2.38 per share, surpassing the Zacks Consensus Estimate of $2.34 per share by 1.71% [3]. - For the previous quarter, ITW's actual earnings were $2.54 per share, exceeding the expected $2.49 per share, resulting in a surprise of 2.01% [3]. Group 2: Earnings Estimates and Predictions - Estimates for Illinois Tool Works have been trending higher, influenced by its history of earnings surprises [6]. - The company currently has a positive Earnings ESP of +1.44%, indicating increased analyst optimism regarding its near-term earnings potential [9]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a strong possibility of another earnings beat in the upcoming report [9]. Group 3: Earnings ESP Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [7]. - The Earnings ESP metric compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [8]. - A negative Earnings ESP can reduce predictive power but does not necessarily indicate an earnings miss [10].
Gates Industrial (GTES) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-07-17 17:01
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Gates Industrial (GTES) - Gates Industrial currently holds a Momentum Style Score of B, indicating a positive momentum outlook [2] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] Performance Metrics - GTES shares have increased by 1.79% over the past week, while the Zacks Manufacturing - General Industrial industry has seen a slight decline of 0.01% [5] - Over the past month, GTES has shown a price change of 11.34%, outperforming the industry's 5.09% [5] - In the last quarter, GTES shares have risen by 40.62%, and over the past year, they have gained 39.82%, significantly outperforming the S&P 500's increases of 19.12% and 11.85% respectively [6] Trading Volume - The average 20-day trading volume for GTES is 1,566,129 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, one earnings estimate for GTES has increased, while none have decreased, raising the consensus estimate from $1.42 to $1.43 [9] - For the next fiscal year, one estimate has also moved upwards with no downward revisions noted [9] Conclusion - Given the positive performance metrics and earnings outlook, GTES is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [11]
Generac Holdings (GNRC) Up 10.3% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-05-30 16:37
Company Overview - Generac Holdings (GNRC) shares have increased by approximately 10.3% over the past month, outperforming the S&P 500 index [1] - The most recent earnings report is crucial for understanding the catalysts affecting the stock's performance [1] Earnings Estimates - Estimates for Generac Holdings have trended downward, with the consensus estimate decreasing by 19.39% over the past month [2] - The stock currently holds a Zacks Rank of 4 (Sell), indicating expectations of below-average returns in the coming months [4] VGM Scores - Generac Holdings has a strong Growth Score of A, but a lower Momentum Score of B, and a Value Score of C, placing it in the middle 20% for value investment strategy [3] - The overall aggregate VGM Score for the stock is A, which is significant for investors not focused on a single strategy [3] Industry Comparison - Generac Holdings is part of the Zacks Manufacturing - General Industrial industry, where Graco Inc. (GGG) has seen a 3.7% increase in the past month [5] - Graco reported revenues of $528.28 million for the last quarter, reflecting a year-over-year growth of 7.3% [5] - Graco's expected earnings for the current quarter are $0.78 per share, with a slight year-over-year increase of 1.3% [6]
Why Trimble (TRMB) Could Beat Earnings Estimates Again
ZACKS· 2025-04-29 17:10
Core Viewpoint - Trimble Navigation (TRMB) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a solid history of exceeding expectations [1][2]. Earnings Performance - Trimble has consistently beaten earnings estimates, with an average surprise of 7.02% over the last two quarters [2]. - In the most recent quarter, Trimble reported earnings of $0.89 per share against an expectation of $0.88, resulting in a surprise of 1.14% [2]. - For the previous quarter, the consensus estimate was $0.62 per share, while the actual earnings were $0.70 per share, leading to a surprise of 12.90% [2]. Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Trimble, indicated by a positive Zacks Earnings ESP (Expected Surprise Prediction) [5]. - The current Earnings ESP for Trimble is +5.44%, suggesting increased analyst optimism regarding its near-term earnings potential [8]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) indicates a high likelihood of another earnings beat [8]. Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7]. Upcoming Earnings Report - Trimble's next earnings report is anticipated to be released on May 7, 2025 [8].
Gates Industrial (GTES) Surges 15.3%: Is This an Indication of Further Gains?
ZACKS· 2025-04-10 15:15
Company Overview - Gates Industrial Corporation plc (GTES) shares increased by 15.3% to $17.94 in the last trading session, following a 20.2% loss over the previous four weeks [1] - The stock's rally is attributed to President Trump's announcement of a 90-day pause on tariffs for most countries, aimed at stabilizing markets and addressing global trade concerns [1] Earnings Expectations - Gates Industrial is expected to report quarterly earnings of $0.33 per share, reflecting a year-over-year increase of 6.5% [2] - Revenue projections for the upcoming report are $826.29 million, which is a decrease of 4.2% compared to the same quarter last year [2] Market Trends - Trends in earnings estimate revisions are strongly correlated with near-term stock price movements, indicating the importance of monitoring these changes [3] - The consensus EPS estimate for Gates Industrial has remained unchanged over the last 30 days, suggesting that the stock's price movement may not sustain without earnings estimate revisions [4] Industry Context - Gates Industrial is part of the Zacks Manufacturing - General Industrial industry, where another company, Nordson (NDSN), saw an 11.8% increase in its stock price, closing at $187.29, despite a -18.7% return over the past month [4] - Nordson's consensus EPS estimate has also remained unchanged at $2.36, with a year-over-year change of 0.9% [5]