Core Insights - Topgolf Callaway Brands reported $934 million in revenue for Q3 2025, a year-over-year decline of 7.8%, with an EPS of -$0.05 compared to $0.02 a year ago [1] - The reported revenue exceeded the Zacks Consensus Estimate of $909.69 million, resulting in a surprise of +2.67%, while the EPS surprise was +76.19% against a consensus estimate of -$0.21 [1] Revenue Breakdown - Topgolf segment generated net revenues of $472.2 million, surpassing the average estimate of $456.47 million, reflecting a year-over-year increase of +4.2% [4] - Active Lifestyle segment reported net revenues of $156.5 million, below the average estimate of $170.68 million, indicating a significant year-over-year decline of -41.2% [4] - Golf Equipment segment achieved net revenues of $305.3 million, exceeding the estimated $295.22 million, with a year-over-year increase of +4% [4] - Services segment generated net revenues of $468.7 million, surpassing the average estimate of $455.91 million, representing a year-over-year increase of +4.4% [4] - Products segment reported net revenues of $465.3 million, slightly below the estimated $472.15 million, showing a year-over-year decline of -17.5% [4] Operating Income - Topgolf segment's operating income was $31.1 million, significantly higher than the average estimate of $15.04 million [4] - Active Lifestyle segment reported an operating income of $13.7 million, exceeding the estimated $8.13 million [4] - Golf Equipment segment achieved an operating income of $23.2 million, slightly above the average estimate of $22.33 million [4] Stock Performance - Topgolf Callaway shares returned +2.1% over the past month, outperforming the Zacks S&P 500 composite's +1.3% change [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), indicating potential for outperformance in the near term [3]

Core Viewpoint - Analysts forecast that United Rentals (URI) will report quarterly earnings of $10.54 per share, reflecting a year-over-year decline of 1.5%, with anticipated revenues of $3.91 billion, an increase of 3.6% compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised downward by 0.4% over the past 30 days, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts project 'Revenues- Equipment rentals' to reach $3.34 billion, a change of +3.8% from the year-ago quarter [5]. - 'Revenues- Service and other revenues' are expected to be $96.27 million, indicating a +7% change from the prior year [5]. - 'Revenues- Contractor supplies sales' are estimated at $41.45 million, reflecting a -1.3% year-over-year change [6]. - 'Revenues- Sales of new equipment' are projected to be $66.89 million, showing a +9.7% change [6]. - 'Revenues- Sales of rental equipment' are expected to be $358.01 million, indicating a -1.9% change [6]. - 'Revenues- Specialty- Contractor supplies sales' are estimated at $18.21 million, reflecting a -4.2% change [7]. - 'Revenues- Specialty- Equipment rentals' are projected to reach $1.09 billion, indicating an +8.4% change [7]. - 'Revenues- Specialty- Sales of new equipment' are expected to be $33.08 million, reflecting a -2.7% change [8]. - 'Revenues- Specialty- Sales of rental equipment' are projected at $49.22 million, indicating a -5.4% change [8]. - 'Revenues- Specialty- Service and other revenues' are expected to be $10.08 million, reflecting an +11.9% change [9]. - 'Total Revenues- General rentals' are projected to reach $2.71 billion, indicating a +2% change [9]. - 'Revenues- General Rentals- Service and other revenues' are expected to be $93.63 million, reflecting a +15.6% change [9]. Stock Performance - Shares of United Rentals have increased by +14.6% in the past month, outperforming the +5.4% move of the Zacks S&P 500 composite [10].