Company Performance - Nu Holdings Ltd. reported quarterly earnings of $0.12 per share, matching the Zacks Consensus Estimate and showing an increase from $0.09 per share a year ago [1] - The company posted revenues of $3.25 billion for the quarter ended March 2025, which was 2.52% below the Zacks Consensus Estimate, but an increase from $2.74 billion year-over-year [2] - Over the last four quarters, the company has surpassed consensus EPS estimates two times, but has not beaten consensus revenue estimates [2][1] Stock Movement and Outlook - Nu shares have increased by approximately 25% since the beginning of the year, contrasting with a -0.6% decline in the S&P 500 [3] - The sustainability of the stock's price movement will largely depend on management's commentary during the earnings call [3] - The current consensus EPS estimate for the upcoming quarter is $0.13 on revenues of $3.7 billion, and for the current fiscal year, it is $0.54 on revenues of $15.44 billion [7] Industry Context - The Zacks Industry Rank for Banks - Foreign is currently in the top 6% of over 250 Zacks industries, indicating a favorable outlook for the sector [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor sentiment [5]

Core Viewpoint - Canadian Imperial Bank (CM) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of exceeding expectations [1]. Group 1: Earnings Performance - Canadian Imperial Bank has consistently beaten earnings estimates, with an average surprise of 11.71% over the last two quarters [2]. - In the last reported quarter, the bank achieved earnings of $1.55 per share, surpassing the Zacks Consensus Estimate of $1.38 per share by 12.32% [3]. - For the previous quarter, the bank's earnings were $1.40 per share against an expectation of $1.26 per share, resulting in an 11.11% surprise [3]. Group 2: Earnings Estimates and Predictions - Recent changes in earnings estimates for Canadian Imperial Bank have been favorable, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [6]. - The current Earnings ESP for Canadian Imperial Bank is +1.58%, suggesting analysts have become more optimistic about the company's earnings prospects [9]. - 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 [7].